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Month: August 2020

Rogers celebrates Ted Rogers Scholarship Class of 2020 in the National Capital Region on International Youth Day

Empowering Ottawa youth through education, 10 scholarships for fall 2020$6.5 million in scholarships awarded to Canadian students since 2017OTTAWA, Aug. 12, 2020 (GLOBE NEWSWIRE) — Today, as the United Nations marks International Youth Day 2020 and the power of engaging young people to make a difference, Rogers Communications celebrates the Ted Rogers Scholarship Class of 2020 in the National Capital Region. Ten deserving students in the region will begin their post-secondary studies with the scholarship program this fall. Building on the legacy of Rogers founder Ted Rogers, these scholarships help aspiring young leaders overcome barriers to accessing post-secondary education. In a year where Canadian high school graduations were marked with yard signs and virtual proms instead of commencement speeches and cap-and-gown celebrations,...

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Akari Therapeutics Announces Successful End-of-Phase II Meeting With FDA to Initiate Pivotal Phase III Study for Treatment of Bullous Pemphigoid With Nomacopan

Phase III randomized placebo-controlled study in moderate to severe bullous pemphigoid (BP) patients with a primary endpoint of complete disease remission on minimal oral corticosteroids (OCS) agreed to with the FDA. Treatment arms will be tapered to minimal OCS and an important secondary endpoint is reduction in cumulative OCS on nomacopan as high dose OCS are regarded as unsafe in this vulnerable patient population. BP Phase III trial expected to start H1 2021 Nomacopan has been granted orphan drug designation by the FDA and the EMA for the treatment of BP Nomacopan has potential to replace long term steroid treatment (standard of care) in BP, which has multiple adverse effects in this elderly and frail populationNEW YORK and LONDON, Aug. 12, 2020 (GLOBE NEWSWIRE) — Akari Therapeutics, Plc (Nasdaq: AKTX), a biopharmaceutical company...

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Biomerica Announces Notice of Allowance for New U.S. Patent Application Covering Diagnostic Guided Therapy for Irritable Bowel Syndrome (IBS) and Provides Progress Update on COVID-19 antibody tests

IRVINE, Calif., Aug. 12, 2020 (GLOBE NEWSWIRE) — Biomerica Inc. (NASDAQ: BMRA) announced today that the United States Patent and Trademark Office has issued a Notice of Allowance for Biomerica’s second U.S. patent pertaining to the Company’s InFoods® technology platform that offers a revolutionary new way to treat patients suffering from Irritable Bowel Syndrome (IBS) and other gastrointestinal diseases. Specifically, this allowed application #16/385,322 contains numerous claims that broadly cover the method that enables physicians to identify patient specific foods (e.g. pork, milk, shrimp, broccoli, chickpeas, etc.), that when removed may alleviate or improve an individual’s IBS symptoms, such as constipation, diarrhea, bloating, severe cramping, pain and indigestion.The InFoods® diagnostic guided IBS therapy is in clinical...

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Cassava Sciences Announces Second Quarter 2020 Financial Results and Mid-year Business Review

– Final Clinical Results of a Phase 2b Study in Alzheimer’s Disease with Lead Drug Candidate, PTI-125, Expected to be Announced September 2020 – – SavaDx Demonstrates Direct Evidence of Target Engagement & Treatment Effects –– Open-label Study Of PTI-125 Reaches >50% Enrollment –AUSTIN, Texas, Aug. 12, 2020 (GLOBE NEWSWIRE) — Cassava Sciences, Inc. (Nasdaq: SAVA), a clinical-stage biotechnology company focused on Alzheimer’s disease, today announced financial results for the second quarter ended June 30, 2020 and provided a mid-year business review.Financial UpdateFor the second quarter ended June 30, 2020, net loss was $1.1 million, or $0.05 per share, compared to a net loss of $1.1 million, or $0.06 per share, for the same period in 2019. Net cash used in operations was $2.0 million during...

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Vasta Platform Limited to Report Second Quarter 2020 Financial Results on August 20, 2020

SÃO PAULO, Brazil, Aug. 12, 2020 (GLOBE NEWSWIRE) — Vasta Platform Limited (NASDAQ: VSTA) today announced that it will report second quarter 2020 financial results for the period ended June 30, 2020, following the close of the market on Thursday, August 20, 2020.The Company will host a corresponding conference call and webcast on Friday, August 21, 2020 at 11:00 a.m. Eastern time.Investors may listen to the conference call (ID: 2791186) by dialing +1 (833) 519-1336 or +1 (914) 800-3898 at 11:00 a.m. Eastern Time on August 21, 2020. A live and archived webcast of the call will be available on the Investor Relations section of the Company’s website at https://ir.vastaplatform.com.About VastaVasta is a leading, high-growth education company in Brazil powered by technology, providing end-to-end educational and digital solutions that...

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ANGI Homeservices Announces Senior Notes Offering

DENVER, Aug. 12, 2020 (GLOBE NEWSWIRE) — ANGI Homeservices Inc. (NASDAQ:  ANGI) (“ANGI”) announced today that its wholly owned subsidiary, ANGI Group, LLC (“ANGI Group”) intends to commence an offering of $500 million aggregate principal amount of senior notes due 2028 (the “Notes”) in a private offering, subject to market and other conditions. The Notes will be guaranteed by certain subsidiaries of ANGI Group. The interest rate and other terms of the Notes will be determined at the time of sale.ANGI intends to use the net proceeds of the offering for general corporate purposes, including potential future acquisitions and return of capital.The Notes will be offered only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”),...

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Stein Mart, Inc. Voluntarily Files Chapter 11 Bankruptcy

JACKSONVILLE, Fla., Aug. 12, 2020 (GLOBE NEWSWIRE) — Stein Mart, Inc. (NASDAQ: SMRT) today announced that it and its subsidiaries (collectively, the “Company”) have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Middle District of Florida – Jacksonville Division (the “Bankruptcy Court”). The Company has filed customary motions with the Bankruptcy Court that will authorize, upon Bankruptcy Court approval, the Company’s ability to maintain operations in the ordinary course of business, including, among other things, the payment of employee wages and benefits without interruption, payment of suppliers and vendors in the normal course of business, and the use of cash collateral. These motions are typical in the Chapter 11 process and the Company anticipates...

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Goliath Mobilizes Program on Extensive New High-Grade Polymetallic Gold-Silver Discovery in the Golden Triangle, B.C.

TORONTO, Aug. 12, 2020 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (FSE: B4IE) (OTCQB: GOTRF) (the “Company” or “Goliath”) is pleased to report the exploration team has mobilized for the program on its newly discovered high-grade polymetallic gold-silver zone on the Gold-digger Property in the prolific Golden Triangle S.E. of Stewart, BC to assist in delineating drill targets. The newly discovered Sure Bet Zone is located ~8 kilometres S.W. of Auryn Resources’ Homestake Ridge property which is a high-grade gold-silver deposit that contains 982,700 oz of gold @ 4.99 g/t Au and 19,600,000 oz of silver @ 97.7 g/t Ag, with drill intercepts of up to 73 meters of 21 grams per tonne gold and 12 grams per tonne silver.Highlights IncludeNW – SE trending structures outcropping at surface over 1.5 kilometres long; with alteration...

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NeoVolta announces Exclusive Distributor Agreement with PMP Energy

SAN DIEGO, Aug. 12, 2020 (GLOBE NEWSWIRE) — NEOVOLTA INC. (OTCQB: NEOV) – NeoVolta, manufacturer of the NV14 and NV24 home solar storage systems, announces an exclusive distribution agreement with Nevada-based PMP Energy. In exchange for making minimum purchases of up to $15 million, PMP Energy can secure specific geographic exclusivities for distribution over the three-year term of the agreement. Under the agreement, PMP Energy will provide dealers with training and certification to install NeoVolta systems in homes.The PMP Energy certification program will provide dealers with the proper documentation to satisfy all permitting requirements for each state.“We spent more than a year in due diligence and selected NeoVolta,” said Dan Briggs, PMP Energy’s President and CEO. “We feel they provide the safest battery chemistry and a unique...

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Murphy USA Raises $1 Million and Counting for Boys & Girls Clubs of America

EL DORADO, Ark., Aug. 12, 2020 (GLOBE NEWSWIRE) — Murphy USA Inc. (NYSE: MUSA) is thrilled to announce its store employees and customers have raised more than $1 million for Boys & Girls Clubs of America youth in 2020. This milestone comes on the heels of the company’s partnership announcement with the youth advocacy organization in April – the gasoline and convenience store leader’s first national cause marketing initiative.“We are blown away by the generosity of our customers and employees who have more than doubled our original commitment of $500,000 to support Boys & Girls Clubs members,” said Andrew Clyde, President and CEO of Murphy USA. “Even in these trying times, we’re deeply moved and proud to see the generous spirit of our customers and Murphy USA store employees through their support of the Great Futures Fueled...

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