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Day: May 20, 2020

Beyond Air Achieves Primary Endpoint in Pilot Bronchiolitis Study

High concentration nitric oxide (150 ppm) is statistically significant compared to both low concentration nitric oxide (85 ppm) and control arms on both the primary endpoint and the key secondary endpointNo serious adverse events related to NO therapyThird consecutive successful pilot study in bronchiolitisGARDEN CITY, N.Y., May 20, 2020 (GLOBE NEWSWIRE) — Beyond Air, Inc. (NASDAQ: XAIR), a clinical-stage medical device and biopharmaceutical company focused on developing inhaled Nitric Oxide (NO) for the treatment of patients with respiratory conditions, including serious lung infections and pulmonary hypertension, and gaseous NO for the treatment of solid tumors, today announced positive top-line results from its third pilot study in bronchiolitis patients that showed, on an intent-to-treat (ITT) basis, 150 parts per million (ppm)...

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Evoke Receives FDA Conditional Acceptance of Gimoti Brand Name Following NDA Resubmission

SOLANA BEACH, Calif., May 20, 2020 (GLOBE NEWSWIRE) — Evoke Pharma, Inc. (NASDAQ: EVOK), a specialty pharmaceutical company focused on treatments for gastrointestinal (GI) diseases, today announced that the U.S. Food and Drug Administration (FDA) has conditionally accepted the proprietary brand name, “Gimoti,” for the Company’s nasal spray product candidate for the relief of symptoms in adult women with acute and recurrent diabetic gastroparesis as resubmitted in the 505(b)(2) New Drug Application (NDA).The name Gimoti (pronounced “jye-MOH-tee”) was developed in compliance with FDA’s Guidance for Industry, Contents of a Complete Submission for the Evaluation of Proprietary Names. Based on the development program, which included research with physicians and pharmacists, as well as an international name assessment, the Company believes...

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MEGALITH FINANCIAL ACQUISITION CORP. ANNOUNCES SIGNED LETTER OF INTENT

New York City, May 20, 2020 (GLOBE NEWSWIRE) — Megalith Financial Acquisition Corp (NYSE: MFAC) (“MFAC” or the “Company”) today announced it has signed a non-binding letter of intent and expects to sign a definitive agreement to acquire a digital banking platform that is among the fastest growing in the country with several million accounts. The target company features an advanced, purpose-built platform via proprietary technology that provides a full suite of low-cost banking products including checking, savings, and credit cards to millennials and middle-income consumers.With attractive market tailwinds, industry-leading technology, and an innovative customer-acquisition model, MFAC management believes that the target company is well positioned to disrupt the U.S. banking market. The company expects to be EBITDA positive in fiscal...

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Cosmos Holdings, Inc. Announces Year End 2019 & Q1 2020 Financial and Operating Results

CHICAGO, May 20, 2020 (GLOBE NEWSWIRE) — Cosmos Holdings, Inc. (the ‘’Company”) (OTCQB: COSM), an international pharmaceutical company, announced consolidated financial results for the fiscal year ended December 31, 2019 and the quarter ended March 31, 2020, prepared in accordance to Generally Accepted Accounting Principles (US GAAP).Financial Highlights for the year ended December 31, 2019:Operating revenues increased in 2019 by 7.0% to $39.7 Million from $37.1 Million in 2018.Gross profits improved by 52% year over year. For the twelve months ended December 31, 2019 gross profit increased to $3.7 million from $2.4 million for the same period in 2018.Accordingly, gross profit margin increased to 9.2% for the year end 2019 from 6.5% for the same period in 2018.General and administrative expenses dropped slightly to $3.5 million...

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eGenesis Strengthens Production Capabilities with Acquisition of ICBiotec

Acquisition enables full integration of R&D and production for ongoing and future xenotransplant programsContract production partner will become a wholly-owned subsidiary of eGenesisCAMBRIDGE, Mass., May 20, 2020 (GLOBE NEWSWIRE) — eGenesis, a biotechnology company using breakthrough gene editing technologies for the development of safe and effective human-compatible organs, tissues, and cells to address the global organ shortage, today announced the acquisition of the assets and operations of ICBiotec (“ICB”), one of its key production partners. ICB is one of the few companies in the U.S. with advanced cloning and large animal transgenic production capabilities integral to the xenotransplantation supply chain.Under the terms of the transaction, eGenesis will acquire ICB’s existing facilities, equipment, and land. ICB’s research...

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Positive Displacement Pumps Market to Reach $11.25 Billion by 2027; Increasing Hydrocarbon Exploration Activities Will Bode Well for the Market, says Fortune Business Insights™

Pune, May 20, 2020 (GLOBE NEWSWIRE) — The global positive displacement pumps market size is projected to reach USD 11.25 billion by the end of 2027. Increasing hydrocarbon exploration activities will emerge in favor of the growth of the overall market. According to a report published by Fortune Business Insights, titled “Positive Displacement Pumps (PDP) Market Size, Share & Industry Analysis, By Type (Reciprocating Pumps, Rotary Pumps, Peristaltic Pumps), By End-user (Water & Wastewater, Mining, Oil & Gas, Chemicals, Power Generation, Food & Beverage, Others), and Regional Forecast, 2020-2027,” the market was worth USD 6.90 billion in 2019 and will exhibit a CAGR of 6.9% during the forecast period, 2019-2027.Positive displacements pumps are widely used in applications across diverse industry verticals. They...

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Baggage Handling System Market to Hit USD 14.79 billion by 2027; Modernization of Airports Worldwide to Aid Market Expansion: Fortune Business Insights™

Pune, May 20, 2020 (GLOBE NEWSWIRE) — The global Baggage Handling System market size is projected to reach USD 14.79 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. increasing air travel around the world will bolster the prospects of this market, states Fortune Business Insights™ in its new report, titled “Baggage Handling System Market Size, Share & Industry Analysis, By Type (Destination coded vehicle (DCV), Conveyor), By Technology (Radio-Frequency Identification (RFID), Barcode), By Application (Airport, Railway, Marine), and Regional Forecast, 2020-2027”.According to the data analyzed by the International Civil Aviation Organization (ICAO), the number of air travelers rose sharply by 6.4% from 2017 levels, reaching 4.3 billion in 2018. Moreover, the number of departures increased by 3.5%, hitting...

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Communiqué de mise à disposition des actionnaires des documents relatifs à l’Assemblée générale mixte du 10 juin 2020

ACANTHE DEVELOPPEMENTSociété Européenne au capital de 19 991 141 euros2, rue de Bassano – 75116 Paris – RCS PARIS 735 620 205Tél : 01 56 52 45 00 – Fax : 01 53 23 10 11Paris, le 20 mai 2020Communiqué de mise à disposition des documents préparatoires à l’Assemblée Générale Mixte du 10 juin 2020La Société annonce avoir mis à disposition du public les documents préparatoires à l’Assemblée générale mixte du 10 juin 2020, conformément aux dispositions de l’article R.225-73-1 du Code de commerce.Les documents préparatoires à l’Assemblée générale peuvent être consultés sur le site internet de la Société à l’adresse www.acanthedeveloppement.fr dans l’onglet “assemblées générales” de la rubrique “informations réglementées”.Pièce jointeAcanthe – Communiqué de mise à disposition des documents préparatoires...

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CSW Industrials Reports Fiscal Fourth Quarter and Full Year 2020 Results

DALLAS, May 20, 2020 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (Nasdaq: CSWI) today reported results for the 2020 fiscal fourth quarter and fiscal full-year ended March 31, 2020.Company HighlightsManagement responding decisively to the global pandemic, acting in the best interest of all stakeholdersOperations deemed essential with minimal disruption and enhanced safeguards for employeesReported 10.2% and 9.3% growth in revenue and operating income, respectively, in fiscal year 2020, as compared to fiscal year 2019Reported fiscal year 2020 earnings per share of $2.95 as compared to fiscal year 2019 EPS of $2.96, with adjusted EPS of $3.20 compared to $2.77, respectivelyDemonstrated continued commitment to disciplined capital allocation strategy with $26.5 million of shares repurchased, $20.6 million in net debt repayments, and $8.1...

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