Day: August 31, 2020

Surgical Lights Market to Reach USD 852.8 Million by 2027 Owing to Increasing Prevalence of Chronic Disease Requiring Surgical Procedures Globally, reports Fortune Business Insights™

Written by Customer Service on August 31, 2020. Posted in Mergers And Acquisitions.

Pune, Aug. 31, 2020 (GLOBE NEWSWIRE) — The global surgical lights market size is expected to showcase an exponential growth by reaching USD 852.8 million by 2027 while exhibiting a CAGR of 4.6% between 2020 and 2027. The growth is attributable to the increasing demand for advanced healthcare facilities and the increasing technological advancements in surgical lights across the globe. This information is published by Fortune Business Insights, in its latest report, titled, “Surgical Lights Market Size, Share & Industry Analysis, By Technology (LED, and Halogen), By End User (Hospitals & ASC’s, Specialty Clinics, and Others (Procedure Rooms, etc.)) and Regional Forecast, 2020-2027.” The report further mentions that the market stood at USD 596.9 million in 2019 and is likely to gain momentum in the forthcoming years.Surgical...

Revive Therapeutics Announces IRB Approval for Phase 3 Clinical Trial Protocol for Bucillamine in COVID-19

Written by Customer Service on August 31, 2020. Posted in Public Companies.

TORONTO, Aug. 31, 2020 (GLOBE NEWSWIRE) — Revive Therapeutics Ltd. (“Revive” or the “Company”) (CSE: RVV, USA: RVVTF), a specialty life sciences company focused on the research and development of therapeutics for medical needs and rare disorders, is pleased to announce that the Company’s Phase 3 clinical trial protocol to evaluate the safety and efficacy of Bucillamine in patients with mild-moderate COVID-19 received approval from the independent Institutional Review Board (“IRB”) at Advarra, a premier IRB services company in North America.“With the IRB approval of the Phase 3 study protocol for COVID-19, we can recruit U.S. clinical sites efficiently, allowing us to move forward with providing Bucillamine to patients under our IND that was approved by the FDA last month,” said Michael Frank, Revive’s Chief Executive...

Minerals Technologies Names Erin N. Cutler Vice President, Human Resources

Written by Customer Service on August 31, 2020. Posted in Public Companies.

NEW YORK, Aug. 31, 2020 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that Erin N. Cutler has been named Vice President, Human Resources, effective immediately. Cutler, who will lead all aspects of MTI’s global human resources function, will report to Chief Executive Officer Douglas T. Dietrich and serve on MTI’s Leadership Council. Cutler succeeds Thomas J. Meek, who has served in the role since 2012, and will continue in his position as Senior Vice President, General Counsel, Secretary and Chief Compliance Officer.Cutler, who most recently served as Director, Talent Management for MTI, has more than 10 years of human resources experience. Since joining MTI in 2015, Cutler has made many significant contributions to the Company. She has led major human resources initiatives including...

Biomerica Announces Retirement of Chief Financial Officer (CFO), hiring of new CFO and appointment of new member to the Board of Directors

Written by Customer Service on August 31, 2020. Posted in Public Companies.

IRVINE, Calif., Aug. 31, 2020 (GLOBE NEWSWIRE) — Biomerica Inc. (NASDAQ: BMRA) today announced today the retirement of Janet Moore, the Company’s Chief Financial Officer. After many years of dedicated service, Ms. Moore has decided to retire and pursue personal interests. Ms. Moore will remain an employee of the Company during a transition period to ensure a smooth transition. Ms. Moore, who also serves as a member of the Board of Directors (the “Board”) and Corporate Secretary, will continue to serve as a member of the Board and as Corporate Secretary until the Company’s Annual Meeting on December 10, 2020. At that time, Ms. Moore will also be leaving the Board.Biomerica also announced today the appointment of Steve Sloan as the Company’s new CFO, effective September 3, 2020. Mr. Sloan’s background and experience includes thirteen...

Allegro MicroSystems Acquires Voxtel, Inc. to Drive Eye-Safe LiDAR Solutions for Advanced Automotive Safety Systems

Written by Customer Service on August 31, 2020. Posted in Mergers And Acquisitions.

Manchester, NH , USA, Aug. 31, 2020 (GLOBE NEWSWIRE) — Allegro MicroSystems (Allegro), a global leader in sensing and power semiconductor technology, today announced the acquisition of Voxtel, Inc, a privately held company specializing in advanced photonic and 3D imaging technology including long-range, eye-safe Light Detection and Ranging (LiDAR). This acquisition brings together Voxtel’s significant laser and imaging expertise with Allegro’s automotive leadership and scale to enable the next generation of Advanced Driver Assistance Systems (ADAS). Voxtel, Inc. has been pioneering photonics since 1999, developing cutting-edge solutions for military, space, automotive and surveillance applications. Its ultra-miniature lasers, read-out integrated circuits (ROICs), and near-infrared (NIR) and short-wavelength infrared (SWIR) photodetectors,...

IBC Advanced Alloys Awarded $1.9 Million in New Business from Major U.S. Defense Contractor

Written by Customer Service on August 31, 2020. Posted in Public Companies.

FRANKLIN, Ind., Aug. 31, 2020 (GLOBE NEWSWIRE) — IBC Advanced Alloys Corp., (TSX-V: IB; OTCQB: IAALF) (“IBC” or the “Company”) a leading beryllium and copper advanced alloys company, is pleased to announce that it has been awarded $1.9 million in new orders for investment-cast, beryllium-aluminum (“BeAl”) components from a major U.S. defense contractor.The purchase order is for additional BeAl components currently manufactured by IBC, as well as for new BeAl components, both of which the company expects to produce by the end of 2020.“IBC is pleased to have been awarded this new business, which expands our production of one key defense product and gives us an opportunity to win additional business on new beryllium-aluminum parts with potential significant long-term upside,” said Ben Rampulla, President of IBC’s Engineered Materials...

Golar LNG Partners LP and Golar Power Ltd. enter into cooperation agreement to develop LNG terminals from Golar LNG Partners LP’s asset portfolio

Written by Customer Service on August 31, 2020. Posted in Public Companies.

Golar LNG Partners LP (“Golar Partners”, “GMLP” or the “Partnership”) and Golar Power Ltd. (“Golar Power”) have entered into a cooperation agreement where the parties intend to work together to develop hub-spoke LNG terminal solutions utilizing GMLP’s available asset portfolio, where GMLP’s assets are technically suitable. The terms and structure of the commercial cooperation will be worked on a project by project basis given the customized nature of each potential terminal.As part of the agreement, Golar Power and Golar Partners have agreed to terminate the existing Omnibus agreement between the entities.Karl Fredrik Staubo, CEO of Golar LNG Partners LP commented. “We are excited to formalize a commercial cooperation with Golar Power, to leverage the expertise of the Golar Power team to develop FSRU terminals and parcel regasification...

Borregaard ASA: Mandatory notification of trade – primary insider

Written by Customer Service on August 31, 2020. Posted in Public Companies.

On 31 August 2020, primary insider Tom Erik Foss-Jacobsen, Executive Vice President – BioSolutions, sold 10,000 shares in Borregaard ASA at an average price of NOK 129.42 per share.Following this transaction, Tom Erik Foss-Jacobsen owns 28,828 shares and has 87,000 stock options in Borregaard ASA.Borregaard ASA,Sarpsborg, 31 August 2020This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Novan Initiates B-SIMPLE4 Pivotal Phase 3 Study of SB206 for Treatment of Molluscum

Written by Customer Service on August 31, 2020. Posted in Public Companies.

– Clinical sites actively enrolling patients – – SB206, if approved, has the potential to meet an important need for the treatment of molluscum, an area with no current FDA-approved treatment –MORRISVILLE, N.C. , Aug. 31, 2020 (GLOBE NEWSWIRE) — Novan, Inc. (“the Company” or “Novan”) (Nasdaq: NOVN), today announced the initiation of the B-SIMPLE4 pivotal Phase 3 clinical study of SB206, a topical antiviral gel, for the treatment of molluscum contagiosum (“molluscum”). Clinical sites are now open for patient enrollment.Molluscum contagiosum is a common, contagious skin infection caused by the molluscipoxvirus, affecting approximately six million people in the U.S. annually, with the greatest incidence in children aged one to 14 years.“Molluscum affects millions of people each year,...

Proofpoint Launches Security Awareness Training for SMBs to Reduce Successful Phishing and Malware Infections by up to 90 Percent

Written by Customer Service on August 31, 2020. Posted in Public Companies.

SUNNYVALE, Calif., Aug. 31, 2020 (GLOBE NEWSWIRE) — Proofpoint, Inc., (NASDAQ: PFPT), a leading cybersecurity and compliance company, today announced a new Proofpoint Essentials Security Awareness solution to help small and medium sized businesses (SMBs) identify top risks through realistic threat simulations and deliver targeted, enterprise-level user education. Backed by Proofpoint’s threat intelligence, this solution educates SMB employees with engaging training to ensure they know what to do when faced with a real threat.“A vast majority of cyberattacks require human interaction to activate—and it’s imperative that security awareness training is part of any SMB security strategy. In fact, we’ve found that our targeted education programs can reduce successful phishing attacks and malware infections by up to 90 percent,” said...

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Day: August 31, 2020

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