Month: May 2020

First quarter total revenue of $95.0 million, an 11% increase over 2019First quarter net product sales of $92.5 million, an 11% increase over 2019First quarter operating earnings of $29.0 million, a 14% increase over 2019On track for launch of SPN-812 at the end of 2020, pending FDA approval. PDUFA date of November 8, 2020 for review of NDAAcquisition of CNS portfolio of US WorldMeds expands and strengthens neurology portfolio with established marketed products and late-stage pipeline. Expected to close in second quarter 2020Partnership with Navitor Pharmaceuticals expands psychiatry portfolio with Phase II program for potential treatment of depressionROCKVILLE, Md., May 05, 2020 (GLOBE NEWSWIRE) — Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a pharmaceutical company focused on developing and commercializing products for the treatment...

CALGARY, Alberta, May 05, 2020 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company“) (TSX: PRQ) is pleased to announce that its shareholders approved all resolutions at its annual general meeting of shareholders held today (the “Meeting”). The resolutions approved at the Meeting were as follows:The resolution to fix the number of directors of the Company to be elected at the Meeting at five (5) directors was approved.The resolution to appoint the five (5) nominees as directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed, was passed by way of ballot and each of the directors received the following votes for their election:The resolution to appoint Ernst & Young LLP, Chartered Professional Accountants...

GUADALAJARA, Mexico, May 05, 2020 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announced preliminary terminal passenger traffic figures for the month of April 2020, compared to traffic figures for April 2019.During April 2020, due to the effects of the COVID-19 pandemic, total terminal passengers at GAP’s 14 airports decreased by 91.5%, compared to the same period of the previous year. Domestic passenger traffic decreased by 88.0%, while international passenger traffic decreased by 96.0%.In terms of the operation of our airports in Mexico, the Mexican government has not issued any travel restrictions. However, it has emphatically recommended that only essential activity take place and that people should avoid leaving their homes whenever possible. This has resulted...

This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated   in the cautionary note contained within this press release.TORONTO, May 05, 2020 (GLOBE NEWSWIRE) — DREAM INDUSTRIAL REIT (DIR.UN-TSX) or (“Dream Industrial REIT”, the “Trust” or “we”) today announced its financial results for the three months ended March 31, 2020 and provided a business update related to the COVID-19 pandemic. Management will host a conference call to discuss the financial results on May 6, 2020 at 11:00 a.m. (ET).“Following a great start to 2020, Dream Industrial continues to maintain low leverage as well as a strong and flexible balance sheet to navigate through the challenges presented by the COVID-19 pandemic,” said Brian Pauls, Chief Executive Officer of Dream Industrial...

CARMEL, Ind., May 05, 2020 (GLOBE NEWSWIRE) — Protective Insurance Corporation (NASDAQ: PTVCA, PTVCB) (“Protective”) today announced that its Board of Directors has formed a special committee of independent directors (the “Special Committee”) to evaluate a Stockholder Support and Contingent Sale Agreement (the “Contingent Sale Agreement”) entered into by and among certain prospective third party purchasers (the “Offering Parties”), certain of Protective’s shareholders and the other parties thereto. Protective received notice of the Contingent Sale Agreement on April 23, 2020, the date of filing of amendments to Schedule 13Ds relating to the Class A Common Stock of Protective. Subject to the satisfaction of certain conditions under the Contingent Sale Agreement, the Offering Parties may commence a tender offer to purchase all of the...

CARMEL, Ind., May 05, 2020 (GLOBE NEWSWIRE) — Protective Insurance Corporation (NASDAQ: PTVCA, PTVCB) today reported results for the first quarter of 2020. As a result of actions to improve underwriting profitability, gross premiums written declined from $148.9 million in the first quarter of 2019 to $134.0 million in the first quarter of 2020.The reported combined ratio was 104.2% for the first quarter of 2020 which was an improvement over the 108.0% combined ratio for the prior year period.  The improving quarterly combined ratio trend reflects the continuation of positive rate actions initiated in 2019 and non-renewals of certain risks. While it had a minimal impact on the current period loss ratio, we did experience a reduction in reported claims during the last two weeks of March, which we attributed to reduced traffic density...

BILLERICA, Mass., May 05, 2020 (GLOBE NEWSWIRE) — Conformis, Inc. (NASDAQ: CFMS) announced today that it will host a webcast and conference call on Monday, May 11, 2020, at 4:30 p.m. Eastern Time to discuss its financial results for the first quarter ended March 31, 2020.  The webcast will be live at:  https://edge.media-server.com/mmc/p/zqjntmtj. To attend by telephone, please use the information below for dial-in access.  When prompted on dial-in, please utilize conference ID:  8307707.Participant conference numbers:  (844) 286-1554 (U.S./Canada) and (270) 823-1179 (International).Please dial in at least 10 minutes before the call to ensure timely participation.The webcast will be hosted by Mark Augusti, President and Chief Executive Officer, and Bob Howe, Chief Financial Officer.  Please visit the Investor Relations website at...

NOVA LIMA, Brazil, May 05, 2020 (GLOBE NEWSWIRE) — Afya Limited, or Afya (Nasdaq: AFYA) in addition to the Press Release released by the Company on February 21, 2020, today announced the closing of its acquisition, through its wholly-owned subsidiary Afya Participações S.A., of 100% of the total share capital of Centro Universitário São Lucas, or UniSL.UniSL is a post-secondary education institution with governmental authorization to offer on-campus, undergraduate courses in medicine in the State of Rondônia. UniSL also offers other health related undergraduate degrees. In 2019, UniSL’s gross revenue totaled R$227.5 million, and approximately 65% of its gross revenue came from health related programs.The aggregate purchase price is R$341.6 million, including the assumption of estimated net debt of R$140.1 million, of which: (i)...

CAMBRIDGE, Mass., May 05, 2020 (GLOBE NEWSWIRE) — Anchiano Therapeutics Ltd. (Nasdaq: ANCN) (the “Company”) today announced it has appointed Mr. Steve DiPalma as its Chief Financial Officer. Mr. DiPalma has served as a Senior Financial Advisor to Anchiano by agreement with Danforth Advisors since 2018; he will succeed Jonathan Burgin, who is leaving the Company as part of the planned closure of the Company’s Israel offices and facilities. Mr. Burgin will remain in the position of Chief Operating Officer until the final closure of the Israeli offices and facilities on May 31, 2020. The Company also entered into a consulting agreement with Mr. Burgin, pursuant to which Mr. Burgin agreed to support the financial, accounting and treasury functions of the Company following his departure.“We warmly welcome Steve as our new CFO at Anchiano....

DENVER, May 05, 2020 (GLOBE NEWSWIRE) — Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced receipt of $2.4 million from PT Masmindo Dwi Area (“PT Masmindo”) to exercise its option to cancel 50% of the Awak Mas net smelter return (“NSR”) royalty. Management has also scheduled a conference call on May 8, 2020 at 10:00 am MT to discuss first quarter 2020 financial results and provide a general corporate update.Vista holds an NSR royalty on the Awak Mas project in Indonesia. During 2019, Vista and PT Masmindo amended the original royalty agreement to grant PT Masmindo the right to cancel the NSR royalty held by Vista (see news releases November 4, 2019 and April 30, 2020). Receipt of this payment cancels 50% of the NSR royalty, and PT Masmindo retains the right to cancel the remaining 1.0% NSR royalty...