Day: September 28, 2020

MATTOON, Ill. and COLUMBIA, Mo., Sept. 28, 2020 (GLOBE NEWSWIRE) — First Mid Bancshares, Inc. (“First Mid”) (NASDAQ: FMBH) and LINCO Bancshares, Inc. (“LINCO”) announced today the execution of a definitive agreement under which First Mid will acquire all of the outstanding shares of LINCO. LINCO is the holding company for Providence Bank (“Providence”), which is a Missouri state-chartered depository trust company with approximately $1.2 billion in assets.  Under the terms of the agreement, LINCO shareholders will receive an aggregate of $116.5 million in cash and 1,262,246 shares of FMBH stock. Based on First Mid’s price per share at the closing on September 25, 2020 of $22.50, the aggregate consideration to be paid by First Mid is approximately $144.9 million. One Board member from LINCO will be added to the First Mid Board of...

CAMBRIDGE, Mass., Sept. 28, 2020 (GLOBE NEWSWIRE) — Rubius Therapeutics, Inc. (Nasdaq:RUBY), a clinical-stage biopharmaceutical company that is genetically engineering red blood cells to create an entirely new class of cellular medicines, today announced the appointment of Jose “Pepe” Carmona as chief financial officer. Pepe brings more than 20 years of experience in the biopharmaceutical industry across numerous leadership roles, geographies and therapeutic areas.“Pepe joins Rubius Therapeutics during a period of excellent progress as we dose escalate patients in our RTX-240 Phase 1 solid tumor clinical trial, per plan, and initiate patient recruitment for our RTX-240 Phase 1 relapsed/refractory acute myeloid leukemia trial. We are on track to file an Investigational New Drug application by year-end for our first artificial antigen-presenting...

Rapid and accurate detection is essential to assess bacterial pneumonia co-infection in COVID-19 critically ill patientsUnyvero HPN panel demonstrated high negative predictive value (99.8% )with potentially high clinical utility as rapid rule–outUnyvero reduces diagnostic turnaround times from days to less than 5 hours; HPN panel viewed as a useful diagnostic tool to help with early detection and antimicrobial stewardshipGAITHERSBURG, Md. and HOLZGERLINGEN, Germany, Sept. 28, 2020 (GLOBE NEWSWIRE) — OpGen, Inc. (Nasdaq: OPGN, “OpGen”), a precision medicine company harnessing the power of molecular diagnostics and bioinformatics to help combat infectious disease, announced today the successful completion of the clinical study between its subsidiary, Curetis GmbH, and Karolinska Institutet, Stockholm, Sweden. The collaboration...

TORONTO, Sept. 28, 2020 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) is pleased to announce the introduction of recently acquired Transforming System’s SHREWD COVID-19 Management Tool to the Canadian marketplace.As COVID-19 began to cause significant impact on the global economy and health care system, VitalHub subsidiary, Transforming Systems, was commissioned by the United Kingdom’s National Health Service (NHS) to identify a support solution in order to reduce the load on the UK health care system. Utilizing their SHREWD product portfolio and in consideration of the current COVID-19 pressures being faced across the UK and the world, Transforming Systems developed the SHREWD COVID-19 Management Tool, a scalable solution that offers strategic operational oversight for the whole health system.The SHREWD...

VANCOUVER, British Columbia, Sept. 28, 2020 (GLOBE NEWSWIRE) — Osino Resources Corp. (TSXV: OSI) (FSE: RSR1) (OTCQB: OSIIF) (“Osino” or the “Company”), is pleased to announce that the Company’s common shares will begin trading today on the OTCQB Venture Market (“OTCQB“) operated by OTC Markets Group in New York under the ticker symbol “OSIIF”. The Company’s common shares will continue to trade under the symbol “OSI” on the TSX Venture Exchange and under the symbol of “RSR1” on the Frankfurt Stock Exchange.Heye Daun, President & CEO of Osino commented: “We are pleased that our shares are now listed for trading on the OTCQB and we expect that this listing will increase the Company’s profile and visibility to U.S. institutional and retail investors, improve liquidity...

WASHINGTON, Sept. 28, 2020 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that the firm and its Compass Lexecon subsidiary had the most professionals named to the Who’s Who Legal: Consulting Experts guide for the fifth consecutive year. The annual guide recognizes professionals across the globe who specialize in economic, forensic and litigation, and transactional services.FTI Consulting and Compass Lexecon had 154 professionals named to the list. These experts represent the firm’s Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting and Technology segments and hail from 18 countries across the globe.FTI Consulting professionals named to the 2020 list include the following:Asset Recovery – ExpertsWayne Anthony, Managing Director – LondonJohn Ayres, Senior Managing Director...

NEWMARKET, Ontario, Sept. 28, 2020 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (the “Company” or “AirBoss”) today announced that AirBoss Defense Group (“ADG”) has been awarded a two-year extension to the Husky Long-Term Contract previously awarded by Army Contracting Command Warren to Critical Solutions International, Inc. (“CSI”) in March 2017. The original award was for the Husky 2G Protected Payload Delivery Vehicle (“Husky 2G”) and its associated route clearance payloads. The transaction merging AirBoss’ defense business with CSI to form ADG closed on January 1, 2020.“The ADG transaction helped us assemble a broad survivability platform with an array of both established and emerging CBRN-E solutions,” said Chris Bitsakakis, President and Chief Operating Officer...

NEW YORK, Sept. 28, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE:ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) announced today’s opening of its first downtown Chicago cannabis dispensary and second in Illinois. Nature’s Care West Loop is in the heart of one of Chicago’s premier retail, restaurant and residential districts at 810 W. Randolph Street.Nature’s Care West Loop complements Acreage’s existing Nature’s Care location in Rolling Meadows, a suburb of Chicago. Illinois legalized the use of cannabis for non-medicinal purposes (commonly called “adult use”) on January 1st, with July 2020 annualized sales of $1.1 billion. Acreage now owns or has management services, consulting, or other agreements for 28 operational dispensaries in 15 states.In March of this year, Nature’s Care entered into two cannabis equity and...

CloudMD to acquire 87.5% of Benchmark Systems, a proprietary cloud–based practice management, billing and telehealth enabled electronic health record provider powered by artificial intelligence (AI)The acquisition is immediately accretive as it provides CloudMD with expansion, distribution and optimization opportunities throughout the U.S. in supporting a patient centric modelBenchmark is a profitable, well-established business generating US$4.9 million and over 13% EBITDA annually from SAAS based, recurring revenueCloudMD will have access to leading, global AI technical teams and software to further pursue the U.S. marketVANCOUVER, British Columbia, Sept. 28, 2020 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a telehealth company revolutionizing...