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Month: August 2020

Genmab Announces Plan to Transition Arzerra® (ofatumumab) to an Oncology Access Program for Chronic Lymphocytic Leukemia Patients in the U.S.

Company AnnouncementNovartis intends to transition availability of Arzerra® (ofatumumab) to an oncology access program for chronic lymphocytic leukemia patients in the U.S.Genmab receives USD 30 million from Novartis as payment for lost potential royalties and improves 2020 financial guidance             Copenhagen, Denmark; August 20, 2020 – Genmab A/S (Nasdaq: GMAB) announced today that Novartis intends to transition availability of Arzerra® (ofatumumab) to an oncology patient access program that will provide Arzerra at no cost to chronic lymphocytic leukemia (CLL) patients in the U.S. This program will be facilitated through the Patient Access Novartis Oncology (PANO). As a consequence, Novartis will pay Genmab a lump sum of USD 30 million as payment for lost potential royalties. Arzerra was developed by Novartis under a license agreement...

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miRagen Announces Results of Meeting With FDA Regarding the Design of Pivotal Trial for Cobomarsen in ATLL

BOULDER, Colo., Aug. 20, 2020 (GLOBE NEWSWIRE) — miRagen Therapeutics, Inc. (NASDAQ: MGEN), a clinical-stage biopharmaceutical company focused on the discovery and development of proprietary RNA-targeted therapies with a specific focus on microRNAs, today announced that the company held a Type C meeting with the FDA Office of  Oncologic Diseases on August 11, 2020 to discuss miRagen’s future clinical development plans for cobomarsen for the potential treatment of Adult T-Cell Leukemia/Lymphoma (ATLL).“We received clear guidance from the FDA on a potential path to registration in this ultra rare indication based upon a small randomized controlled trial with a primary endpoint of progression free survival that is appropriate for a maintenance therapy. With additional cobomarsen data from the ongoing Phase 2 SOLAR trial in Cutaneous...

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Oxford to Release Second Quarter Fiscal 2020 Results on September 3, 2020

ATLANTA, Aug. 20, 2020 (GLOBE NEWSWIRE) — Oxford Industries, Inc. (NYSE: OXM) will report its fiscal second quarter ended August 1, 2020 financial results on Thursday, September 3, 2020 after the market close. The Company will also hold a conference call with senior management to discuss its financial results at 4:30 p.m. ET.A live webcast of the conference call will be available on the Company’s website at www.oxfordinc.com. Please visit the website at least 15 minutes early to register and download any necessary software.A replay of the webcast will be available on the Company’s website at www.oxfordinc.com through September 17, 2020 by dialing (412) 317-6671 access code 13708106.About OxfordOxford Industries, Inc., a leader in the apparel industry, owns and markets the distinctive Tommy Bahama®, Lilly Pulitzer® and Southern Tide®...

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Nkarta Reports Second Quarter 2020 Financial Results

Co-Lead programs on track: NKX101 expected to begin Phase 1 dosing in 4Q 2020 and IND for NKX019 expected to be filed in 1Q 2021Completed construction of cGMP clinical manufacturing facilityCompleted initial public offering of common stock on July 14, 2020, raising $289.8 million in gross proceedsCash and cash equivalents of $341.8 million (pro forma) as of June 30, 2020, believed to be sufficient to fund operations into at least the second half of 2023SOUTH SAN FRANCISCO, Calif., Aug. 20, 2020 (GLOBE NEWSWIRE) — Nkarta, Inc. (Nasdaq: NKTX), a clinical-stage biopharmaceutical company developing engineered natural killer (NK) cell therapies to treat cancer, today reported financial results for the second quarter ended June 30, 2020, and highlighted recent corporate accomplishments.“Nkarta made outstanding progress in the second quarter...

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Great Lakes Announces Receipt of $117.8 Million in Awarded Work

OAK BROOK, Ill., Aug. 20, 2020 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States announced today the receipt of several major dredging awards totaling $117.8 million.The awarded work includes:Mississippi River, Baton Rouge to Gulf of Mexico, Head of Passes Hopper Dredge Disposal Area Project  (Maintenance, Louisiana, $44.9 million)Brigantine Inlet to Great Egg Harbor Inlet, Absecon Island, Atlantic County Beach Renourishment Project (Coastal Protection, New Jersey, $24 million)Coastal Storm Risk Management Project, South Ponte Vedra and Vilano Beach (Coastal Protection, Florida, $15.2 million)Wilmington Harbor Inner Ocean Bar Maintenance Dredging Project (Maintenance, North Carolina, $14.6 million)Sabine-Neches Waterway,...

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EPCOR Expands Western Arizona Footprint, Completes Brooke Water Acquisition

PHOENIX, Aug. 20, 2020 (GLOBE NEWSWIRE) — EPCOR USA’s service area along the Colorado River expanded today with completion of the Brooke Water LLC (Brooke) acquisition.Located along the banks of the Colorado River, EPCOR’s newest service area includes 2,100 water customers and the water rights to serve them. The state’s regulatory body, the Arizona Corporation Commission, approved EPCOR’s acquisition of Brooke on July 22, 2020. EPCOR assumed ownership and operations today — the Brooke service area is now part of EPCOR’s existing Havasu water district.“Arizonans are uniquely attuned to the value of water and the critical importance of proven water utility service, and that is even more apparent now as we weather the hottest summer on record,” said EPCOR USA President Joe Gysel. “We’re eager to bring our commitment to high-caliber...

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Northern Genesis Acquisition Corp. Announces Closing of $300,000,000 Initial Public Offering

Kansas City, MO, Aug. 20, 2020 (GLOBE NEWSWIRE) — Northern Genesis Acquisition Corp. (the “Company”) announced today that it closed its initial public offering of 30,000,000 units at $10.00 per unit. The offering resulted in gross proceeds to the Company of $300 million.The Company’s units are listed on the New York Stock Exchange (“NYSE”) and commenced trading on August 18, 2020 under the ticker symbol “NGA.U”. Each unit consists of one share of the Company’s common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of common stock at a price of $11.50 per share. Only whole warrants are exercisable.  Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be listed on the NYSE under the symbols “NGA” and “NGA WS,”...

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Teekay LNG Partners Completes Norwegian Bond Offering

HAMILTON, Bermuda, Aug. 20, 2020 (GLOBE NEWSWIRE) — Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) announces that it has priced NOK 1,000 million in new senior unsecured bonds that mature in September 2025 in the Norwegian bond market. The new bond issuance, which was significantly oversubscribed, has an aggregate principal amount equivalent to approximately USD 112 million and all payments will be swapped into a U.S. dollar fixed-rate coupon of approximately 5.74%. Teekay LNG expects to close the bond offering on September 2, 2020, subject to customary closing conditions. The net proceeds from the bonds are expected to be used for general partnership purposes. Teekay LNG will apply for listing of the new bonds on the Oslo Stock Exchange.DNB Markets and Nordea acted as Global Coordinators and Joint Bookrunners;...

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Goldstar Amends Terms of Private Placement and Debt Settlement pursuant to a lead order from Palisades Goldcorp

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICESMONTRÉAL, Aug. 20, 2020 (GLOBE NEWSWIRE) — Goldstar Minerals Inc. (“Goldstar” or the “Corporation”) (TSX-V: GDM) announces that, pursuant to a lead order from Palisades Goldcorp Ltd., the Corporation has revised the terms of its non-brokered private placement offering previously announced on July 9, 2020 by amending the price per Unit from $0.02 to $0.015, by amending the exercise price of the Warrants from $0.03 to $0.02 per share and by amending the exercise period of the Warrants from 18 months to three (3) years. The private placement offering will therefore consist of up to 46,666,667 Units at $0.015 per Unit and up to 30,000,000 Flow-Through Shares at $0.02 per Flow-Through Share for aggregate gross proceeds of a maximum of $1.3 million. Each Unit will be...

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Bryn Mawr Trust Names John Kveragas as Senior Vice President, Chief Audit Officer

BRYN MAWR, Pa., Aug. 20, 2020 (GLOBE NEWSWIRE) — Bryn Mawr Trust (BMT), wholly owned by Bryn Mawr Bank Corporation (NASDAQ: BMTC– the “Corporation”), today announces that John E. Kveragas, Jr., CPA, CISA joined the Corporation on July 27, 2020, and will be the new Senior Vice President and Chief Audit Officer. He reports directly to the audit committee of the Corporation boards of directors, and administratively to Corporation President and CEO Frank Leto.John is working closely with current CAO David Wong, who is retiring at the end of August.“John has a wonderful breadth of auditing experience that will be valuable to our organization,” said Leto. “His deep understanding of financial institutions of varying size and scope is impressive. We are pleased he has joined our team, and we look forward to his insights and guidance as...

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