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Month: May 2020

BioNTech Announces First Quarter 2020 Financial Results and Corporate Progress

Global Phase 1/2 clinical trial for BNT162 vaccine program to prevent COVID-19 infection in dose escalation phase in Europe and the U.S.; first cohorts dosed in both regionsBNT122 Phase 1/2 trial update expected at AACR Virtual Annual Meeting II in JuneEnded 1Q 2020 with cash equivalents of $495 million (€452 million) with additional $236 million (€217 million) in equity investments and non-dilutive upfront payments due in 2Q 2020 from Pfizer and Fosun PharmaConference call and webcast scheduled for May 12, 2020 at 08:00 a.m. ET (2:00 p.m. CEST)MAINZ, Germany, May 12, 2020 (GLOBE NEWSWIRE) — BioNTech SE (Nasdaq: BNTX, “BioNTech” or “the Company”), a clinical-stage biotechnology company focused on patient-specific immunotherapies for the treatment of cancer and infectious diseases, today provided an update on its corporate progress...

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BioNTech veröffentlicht Ergebnisse des ersten Quartals 2020 und Informationen zur Geschäftsentwicklung

Globale Phase-1/2-Studie für BNT162-Impfstoffprogramm zur Prävention einer COVID-19-Infektion befindet sich in der Dosiseskalationsphase in Europa und den Vereinigten Staaten; in beiden Regionen wurde jeweils die erste Kohorte behandeltUpdate zur BNT122 Phase-1/2-Studie wird im Rahmen des AACR Annual Virtual Meeting II im Juni erwartetZum Ende des ersten Quartals 2020 verfügte das Unternehmen über liquide Mittel in Höhe von 452 Millionen Euro (495 Millionen US-Dollar), mit zusätzlichen 217 Millionen Euro (236 Millionen US-Dollar) an Kapitalbeteiligungen und Vorauszahlungen ohne kapitalverwässernden Effekt von Pfizer und Fosun Pharma im zweiten QuartalTelefonkonferenz und Webcast heute um 14 Uhr MEZ (8 Uhr U.S. Eastern Time)MAINZ, Deutschland, May 12, 2020 (GLOBE NEWSWIRE) — BioNTech SE (Nasdaq: BNTX, „BioNTech“ oder „das Unternehmen“),...

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Middlefield Banc Corp. Announces 2020 Second Quarter Cash Dividend Payment

MIDDLEFIELD, Ohio, May 12, 2020 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.15 per common share payable on June 15, 2020, to shareholders of record on June 4, 2020. The quarterly dividend has been adjusted to reflect the two-for-one stock split on November 8, 2019.  Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.21 billion at March 31, 2020. The bank operates 16 full-service banking centers and an LPL Financial® brokerage office serving Beachwood, Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production...

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Kane Biotech Reports Positive Results from Anti-Biofilm Shampoo Consumer Product Test

WINNIPEG, Manitoba, May 12, 2020 (GLOBE NEWSWIRE) — Kane Biotech Inc. (TSX-V:KNE) (the “Company” or “Kane Biotech”) today announced positive results from a consumer product test evaluating the efficacy of its shampoo on dermatitis and dandruff.Kane Biotech’s shampoo was developed based on research indicating that the persistence of microbial biofilm may be linked with aggravating the symptoms associated with atopic dermatitis, seborrheic dermatitis (also known as eczema) and dandruff. The shampoo consists of coactiv+TM, a patented anti-biofilm formulation, and contains ingredients approved as safe for human use.The Company launched the consumer product test in December 2019 and sent 800 shampoo samples to individuals across Canada. Based on the consumer product test questionnaire, 82% of individuals reported an overall improvement...

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Micron Delivers Client NVMe™ Performance and Value SSDs With Industry-Leading Capacity Sizes and QLC NAND

News HighlightsNew mainstream and value SSD options provide flexibility to address client PC systems ranging from thin and light notebooks to high-performance workstations.Micron 2300 SSD’s M.2 form factor delivers industry-leading 2TB capacity1 using Micron’s innovative 96-layer 3D NAND technology.Designed with SSD performance and value in mind, the Micron 2210 SSD uses Micron’s QLC architecture to reduce power consumption up to 15 times when compared to hard drives.BOISE, Idaho, May 12, 2020 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), today announced new client solid-state drives (SSDs) that bring NVMe™ performance to client computing applications, freeing laptops, workstations and other portables from legacy architectures that can rob devices of battery power, performance and productivity. The Micron® 2300 SSD combines...

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Ovid Therapeutics Announces Participation in the 2020 RBC Capital Markets Virtual Global Healthcare Conference

NEW YORK, May 12, 2020 (GLOBE NEWSWIRE) — Ovid Therapeutics Inc. (NASDAQ: OVID), a biopharmaceutical company committed to developing medicines that transform the lives of people with rare neurological diseases, today announced that Amit Rakhit, M.D., MBA, President and Chief Medical Officer, will participate in a fireside chat at the 2020 RBC Capital Markets Virtual Global Healthcare Conference on Tuesday, May 19, at 1:20 p.m. ET.A live audio webcast of the discussion can be accessed through the Events & Presentations section of the Company’s website at investors.ovidrx.com. An archived replay of the webcast will be available on the Company’s website for two weeks following the live presentation.About Ovid TherapeuticsOvid Therapeutics Inc. is a New York-based biopharmaceutical company using its BoldMedicine® approach...

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Vishay Reports Results for First Quarter 2020

Revenues Q1 of $613 millionGross margin Q1 of 24.0%; adjusted gross margin 24.5%Operating margin Q1 of 7.7%; adjusted operating margin 8.3%EPS Q1 of $0.19; adjusted EPS Q1 of $0.21Free Cash for the trailing 12 months of $107 millionGuidance Q2 for revenues of $540 to $580 million and gross margins of 21.0% plus/minus 90 basis points at Q1 exchange ratesInventory reduction at distribution of $63 million in Q1MALVERN, Pa., May 12, 2020 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH), one of the world’s largest manufacturers of discrete semiconductors and passive components, today announced its results for the fiscal quarter ended April 4, 2020.Revenues for the fiscal quarter ended April 4, 2020 were $612.8 million, compared to $609.6 million for the fiscal quarter ended December 31, 2019, and $745.2 million for the...

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Horizonte Minerals Quarterly Financial Statements for Three Months Ended 31 March 2020

LONDON, May 12, 2020 (GLOBE NEWSWIRE) — Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) (‘Horizonte’ or the ‘Company’), the nickel development company focused in Brazil, announces it has today published its unaudited financial results for the three month period to 31 March 2020 and the Management Discussion and Analysis for the same period. Both of the above have been posted on the Company’s website www.horizonteminerals.com and are also available on SEDAR at www.sedar.com.Highlights for the quarterHorizonte finished the quarter with a strong cash position of £17.0m, being well funded to advance Araguaia towards being construction ready;Focused on the safety of all Group, employees and stakeholders by implementing strict health and safety policies specifically tailored to Covid-19;Both in Brazil and the UK, the teams have adapted...

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Tonix Pharmaceuticals Reports First Quarter 2020 Financial Results and Operational Highlights

Four Potential Vaccines in Development to Protect Against New Coronavirus Disease 2019 (COVID-19) Based on the Company’s Horsepox Virus Vaccine PlatformPotential Vaccine, TNX-801, in Development to Protect Against Smallpox and Monkeypox Based on Horsepox VirusAchieves 50 Percent Enrollment in Phase 3 RELIEF Study of TNX-102 SL (Cyclobenzaprine HCl Sublingual Tablets) for the Management of Fibromyalgia; Topline Results Expected First Quarter 2021NEW YORK, May 12, 2020 (GLOBE NEWSWIRE) — Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company, today announced financial results for the quarter ended March 31, 2020, and provided an overview of recent operational highlights.“We have continued to expand our portfolio, recently adding three new potential vaccines to protect...

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SpringWorks Therapeutics Reports First Quarter 2020 Financial Results and Recent Business Highlights

– Announced Issuance of New U.S. Composition of Matter Patent to Polymorphic Form of Nirogacestat, Extending Patent Protection into 2039 – – Signed Clinical Collaboration with Allogene to Evaluate Nirogacestat in Combination with Allogeneic BCMA CAR T Cell Therapy in Patients with Relapsed or Refractory Multiple Myeloma –– Initiated a Phase 1 Clinical Trial of BGB-3245, a Selective RAF Dimer Inhibitor, in Biomarker Defined Solid Tumors Patients –STAMFORD, Conn., May 12, 2020 (GLOBE NEWSWIRE) — SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a clinical-stage biopharmaceutical company focused on developing life-changing medicines for patients with severe rare diseases and cancer, today provided an update on recent company developments and reported first quarter financial results for the period ended...

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