Day: July 1, 2020

Teladoc Health Completes Acquisition of InTouch Health, Creating Single Virtual Care Delivery Leader from Hospital to Home

PURCHASE, NY, July 01, 2020 (GLOBE NEWSWIRE) — Teladoc Health, Inc. (NYSE: TDOC), the global leader in virtual care, today announced that it has completed its acquisition of Santa Barbara, Calif.-area based InTouch Health. With the integration of InTouch Health’s innovative telehealth capabilities linking providers to one another in complex medical environments, Teladoc Health will connect the care experience across in-patient, outpatient and home care settings, ensuring greater access to high quality care and better health outcomes. At a time when virtual care has never been more important, the company is now the only global end-to-end partner spanning the full spectrum from acute visits and chronic conditions management to complex specialty care and remote surgery.  “As virtual care quickly becomes a necessity for all healthcare...

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Magellan Gold Acquires Center Star Gold Project in Idaho

Reno, Nevada, July 01, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Magellan Gold Corporation ( OTCQB: MAGE ) (“Magellan” or the “Company”), is pleased to announce that it has entered into a stock purchase agreement to acquire Clearwater Gold Mining Corporation (“Clearwater”) which owns certain unpatented mining claims in Idaho County, Idaho that include the historic Center Star Gold Mine near Elk City, Idaho.  The Center Star Mine hosts high grade gold mineralization that was discovered in the early 1900’s. There was periodic historic production and development work done under different ownership through the 1980s. With the high-grade gold mineralization present, Magellan will be evaluating the historic mine data to assess the potential to develop a gold resource at Center Star.  The project area is located 45 miles from Grangeville,...

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Novartis resolves legacy litigation matters, finalizing settlement of speaker program litigation with Government in the US and positioning company for the future by fully scaling its next-generation digital engagement technologies

Company finalizes USD 678 million settlement relating to suit challenging speaker programs and other promotional events conducted from 2002 through 2011 in the US as well as USD 51.25 million related to the company’s support of certain independent charitable co-pay foundations from 2010 to 2014As part of these settlements, Novartis has agreed to new corporate integrity obligations in the US through 2025Novartis embarks on new approach to meet the educational needs of physicians by setting new standard through digitally enabled education programs to support better outcomes for patientsBasel, July 2, 2020 – Novartis has finalized its previously disclosed agreement with the US Attorney’s Office for the Southern District of New York, the New York State Attorney General, and relator Oswald Bilotta resolving a civil suit challenging speaker...

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Jostens Continues to Deliver for Schools, Students Despite COVID-19 Challenges

Minneapolis, July 01, 2020 (GLOBE NEWSWIRE) — Jostens, the nation’s leading provider of custom class jewelry, graduation products, and yearbooks serving the K-12 and college education markets, is leveraging the momentum of a successful spring delivery season of graduation products and yearbooks to help schools get ready to get back to school this fall.  “When COVID-19 hit, our entire company doubled-down to find new ways to help our schools and students across the globe and to ensure Jostens kept delivering for graduation and yearbook events,” said Jostens CEO Michael Burgess. “While we were challenged with COVID-19 related stay-at-home orders, facility shutdowns, and closed schools, our teams adapted rapidly to produce and deliver the quality products and services schools have come to expect from Jostens, and we are in a very strong...

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Highwoods Provides Business Update

Signs Long-Term Renewal with the FBI in TampaCollects 99% of June RentsSells Non-Core Office Properties in Memphis for $23.3MRALEIGH, N.C., July 01, 2020 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE:HIW) today provided a business update. The Company has signed a 138,000 square foot, long-term, full-building renewal with the Federal Bureau of Investigation in Tampa.  This was the Company’s largest lease expiration remaining in 2020.  Highwoods developed the FBI’s Tampa Field Office as a build-to-suit in 2005.   June Rent Collection UpdateAfter collecting 99% of its contractually required rents for the months of April and May, the Company has collected 99% of its contractually required rents for the month of June. To date, the Company has agreed to grant temporary rent deferrals that represent 1.2% of its annualized rental...

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BeiGene Announces Acceptance of a Supplemental New Drug Application for Tislelizumab in Patients with Previously Treated Unresectable Hepatocellular Carcinoma in China

BEIJING, China and CAMBRIDGE, Mass., July 01, 2020 (GLOBE NEWSWIRE) — BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160), a commercial-stage biotechnology company focused on developing and commercializing innovative molecularly-targeted and immuno-oncology drugs for the treatment of cancer, today announced that the Center for Drug Evaluation (CDE) of the China National Medical Products Administration (NMPA) has accepted a supplemental new drug application (sNDA) of BeiGene’s anti-PD-1 antibody tislelizumab for the treatment of patients with previously treated unresectable hepatocellular carcinoma (HCC), the most common form of liver cancer.“We are excited by the acceptance of our first filing for tislelizumab in liver cancer,” commented Xiaobin Wu, Ph.D., General Manager of China and President of BeiGene. “Half of the world’s liver cancer...

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Bank OZK Announces Sale of its Alabama Branches

LITTLE ROCK, Ark., July 01, 2020 (GLOBE NEWSWIRE) — Bank OZK (the “Bank”) (Nasdaq: OZK) today announced that it has entered into two separate Purchase and Assumption Agreements to sell its only two Alabama branches.  The Bank has agreed to sell its Mobile, Alabama branch (“Mobile Branch”) to Merchants & Marine Bank (“M&M”), a wholly owned subsidiary of Merchants & Marine Bancorp, Inc. headquartered in Pascagoula, Mississippi.  The Bank has agreed to sell its Geneva, Alabama branch (“Geneva Branch”) to 22nd State Bank (“22nd State”), a wholly owned subsidiary of FEB Bancshares, Inc., headquartered in south Alabama.Pursuant to the terms of the Purchase and Assumption Agreements, M&M and 22nd State have agreed to assume certain deposit liabilities and to acquire certain loans, as well as cash, real property, personal...

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First Northwest Bancorp Appoints Sherilyn G. Anderson to its Board of Directors

PORT ANGELES, Wash., July 01, 2020 (GLOBE NEWSWIRE) — First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Federal”), today announced the appointment of Sherilyn G. Anderson to the Board of Directors for the Company and First Federal.  Ms. Anderson will be replacing David Flodstrom, who announced his retirement from both Boards effective September 22, 2020.“We are pleased to welcome Sherilyn to our Boards of Directors,” said Matthew P. Deines, President and CEO.  “She brings a wealth of experience in finance, accounting and financial analysis, and will be a tremendous asset to our Boards.”Ms. Anderson most recently served as CFO of Glassybaby in Seattle, where she led all finance, accounting and financial analysis functions for the...

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Epsilon Energy Announces Preliminary Results of Tender Offer (Substantial Issuer Bid)

HOUSTON, July 01, 2020 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (NASDAQ: EPSN) (“Epsilon” or the “Company”) announced today that based on the recommendation of the independent Special Committee of the Company’s board of directors, the Company expects to take up and purchase for cancellation all 2,337,328 Common Shares properly tendered and not withdrawn, for an aggregate consideration of US$7,152,223.68 or $3.06 per share, excluding fees and expenses relating to its Offer that expired at 5:00p.m., Eastern time, on June 30, 2020. The purchase of the Common Shares pursuant to the tender offer will be funded by available cash on hand. The Common Shares expected to be purchased under the Offer represent approximately 8.9% of the Common Shares issued and outstanding at the time the Offer was announced. After giving effect to the cancellation...

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Northfield Bancorp, Inc. Completes Acquisition of VSB Bancorp, Inc.

WOODBRIDGE, N.J., July 01, 2020 (GLOBE NEWSWIRE) — Northfield Bancorp, Inc. (Nasdaq: NFBK) (“Northfield”), parent company of Northfield Bank, announced today the closing of its acquisition of VSB Bancorp, Inc. (OTCQX: VSBN) (“Victory”), parent company of Victory State Bank.The Victory merger significantly expands Northfield’s delivery channels in the strategically important marketplace of Staten Island, New York, increasing Northfield’s total service locations on the island to 18.  Northfield also operates 17 branch locations in New Jersey and 8 branch locations in Brooklyn, New York.  Victory’s data processing systems and name branding are expected to be integrated into Northfield’s, in September 2020.“We are excited to welcome Victory customers and employees to the Northfield family,” stated Steven M. Klein, President and CEO...

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