Day: September 29, 2020
Vincera is expected to have approximately $60 million at closing to fund clinical and preclinical development pipelineStockholders of Vincera post-closing to include Acuta Capital, RTW Investments, Surveyor Capital, Logos Capital, EcoR1 Capital, Perceptive Advisors, Boxer Capital, Monashee Investment Management, Altium Capital, and Affinity Asset AdvisorsExclusive option to license agreement with Bayer for a highly selective, clinical-stage small molecule targeting PTEFb activity and a next-generation preclinical bioconjugation platformNEW YORK and SANTA CLARA, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) — LifeSci Acquisition Corp. (“LSAC”), Nasdaq: LSAC, LSACU and LSACW, a blank check company targeting the biopharma, medical technology, digital health and healthcare services sectors and Vincera Pharma, Inc., a biopharmaceutical...
First Merchants President & CEO Michael C. Rechin announces retirement
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MUNCIE, Ind., Sept. 29, 2020 (GLOBE NEWSWIRE) — After more than 13 years of leading significant growth and success for First Merchants Corporation (NASDAQ – FRME), President & CEO Michael C. Rechin announced today he will retire from his position effective December 31, 2020. Rechin will remain on the First Merchants Board of Directors and will serve as an advisor to First Merchants going forward.Charles Schalliol, Chairman of the Board of Directors, stated, “Mike’s retirement caps an outstanding period in which he led First Merchants Corporation to unprecedented growth and success. On Mike’s watch, First Merchants grew from $3 billion in assets to $13 billion, with income growth to match. Forbes has recognized and ranked First Merchants as one of the five best banks in the country in each of the last three years.”Succeeding...
ISW Holdings’ New Telehealth Subsidiary, Telecare, Now Fully Licensed and Operational, Undergoing Accreditation Process
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LAS VEGAS, NV, Sept. 29, 2020 (GLOBE NEWSWIRE) — via NewMediaWire –ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is pleased to announce that its recently launched telehealth subsidiary, Telecare Home Health, LLC (“Telecare”), has received its license from the State of Texas under Chapter 142 of the Texas Health and Safety Code to operate in Texas. In addition, the process of review toward accreditation is now underway for Telecare.“Telehealth has become one of the most important growing innovations to emerge as a mainstream facet of the healthcare system over recent months, and we intend Telecare to become a key player in this narrative,” noted Alonzo Pierce, President and Chairman of ISW Holdings. “Telecare’s platform is built from the ground up to key off of...
Black Diamond Therapeutics Announces the Appointment of Biopharmaceutical Veteran Robert A. Ingram as Chairman of the Board
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CAMBRIDGE, Mass. and NEW YORK, Sept. 29, 2020 (GLOBE NEWSWIRE) — Black Diamond Therapeutics, Inc. (Nasdaq: BDTX), a precision oncology medicine company pioneering the discovery and development of small molecule, tumor-agnostic therapies, today announced the appointment of Robert A. Ingram as the Chairman of its Board of Directors. Brad Bolzon, Ph.D., Chairman and Managing Director at Versant Ventures and Black Diamond’s founding Chairman, will remain on the Company’s board.“As we welcome Bob to his new role, I would like to thank Brad for the integral role he played as Chairman of the Board of Black Diamond from our founding with Versant through our transition to a public company, and I’m very happy that he will continue to help guide the company as a director,” said David M. Epstein, Ph.D., President and Chief Executive Officer...
Arco acquires Studos, a leading provider of adaptive learning solutions
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SÃO PAULO, Brazil, Sept. 29, 2020 (GLOBE NEWSWIRE) — Arco Platform Limited, or Arco (Nasdaq: ARCE), announces it has acquired 100% of Studos Software Ltda., or Studos, a technology provider for personalized student assessment, data-based academic performance diagnostics and AI-powered adaptive learning and test prep.“This acquisition is part of our strategy to acquire technology companies that increase the value of our learning systems to partner schools and parents, improve student’s academic performance and enable teachers to thrive. We believe Studos has the potential to further enhance our solutions by delivering proprietary technology and content at scale. Additionally, Studos’s highly talented founders, Leonardo Prates and Wilson Fernandes, and its 23 people team will play a leading role in pioneering innovative technology...
The Movie Studio Engages Digital Talent Studio and Sikey Corp. for Strategic Social Media Promotion in Anticipation of the Launch of The Movie Studio App
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FORT LAUDERDALE, Fla., Sept. 29, 2020 (GLOBE NEWSWIRE) — via NetworkWire – The Movie Studio, Inc. (OTC: MVES) (the “Company”) announces it has engaged Digital Talent Studio, Inc. and social media mogul Brian Breach, of Sikey Corp., for social media branding, engagement of influencers, and advertising on key social media platforms preparatory to the upcoming launch of The Movie Studio App. In addition to social media ad placement strategies targeting relevant demographics to promote the Company’s app, high-profile social media influencers will be engaged to participate in distributing the ads in a pay or revenue-sharing agreement and will also have opportunities for potential casting in the Company’s in-production “Moviesodes.”A beta version of The Movie Studio App is currently available for download in the Google Play Store and...
AppHarvest, a Pioneering Developer and Operator of Sustainable, Large-Scale Controlled Environment Indoor Farms, to Become a Public AgTech Company
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AppHarvest has entered into a definitive business combination agreement with Novus Capital Corporation (Nasdaq: NOVS)Transaction to provide $475 million of gross proceeds to the company, including $375 million fully committed common stock PIPE at $10.00 per share anchored by existing and new investors – including Fidelity Management & Research Company, LLC, Inclusive Capital and Novus Capital CorporationPro forma equity value of the merger is approximately $1.0 billion, at the $10.00 per share PIPE price and assuming minimal Novus shareholder redemptionsTransaction advances AppHarvest’s mission to redefine American agriculture and to build America’s AgTech capital in the heart of Appalachia through the development of several large-scale controlled indoor farmsMOREHEAD, Ky., Sept. 29, 2020 (GLOBE NEWSWIRE) — AppHarvest (“the...
LINQ Acquires Colyar Technology Solutions
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WILMINGTON, N.C., Sept. 29, 2020 (GLOBE NEWSWIRE) — EMS LINQ INC (LINQ), a complete and integrated administrative software solution for K-12 schools and districts, announced it has acquired Colyar Technology Solutions, an Arizona-based school nutrition management software provider. The partnership brings together industry leading solutions that empower schools and state agencies to streamline the management of their child nutrition programs.Greg Baker served as CEO for Colyar since 2018, and has now taken the role of President and General Manager of the Colyar business unit and LINQ Nutrition. In this role, Baker will focus on further developing both product lines to help school districts manage their meals programs efficiently while identifying ways to increase efficiencies between districts and their respective state agencies.“For...
LGI Homes Announces Entrance into Bakersfield Market
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BAKERSFIELD, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ:LGIH) today announced their entrance into the Bakersfield, California market with the opening of their newest community, Juliana’s Garden. This marks the company’s growth into its fourth market in the state of California.“We have seen strong demand in the Bakersfield market and are pleased to offer homebuyers in this area an affordable alternative to renting,” said Chris Kelly, LGI Homes’ division president. “With owning a home becoming more important now, than ever, we believe Juliana’s Garden is the perfect location for those looking for a quality, upgraded home near everyday conveniences.”Ideally situated off California State Route 178, the beautiful community of Juliana’s Garden offers homebuyers in the Bakersfield area a once-in-a-lifetime opportunity...
Synairgen plc – Interim results for the six months ended 30 June 2020
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Press releaseSynairgen plc(‘Synairgen’ or the ‘Company’)Interim results for the six months ended 30 June 2020Southampton, UK – 29 September 2020: Synairgen plc (LSE: SNG), the respiratory drug discovery and development company, today announces its unaudited interim results for the six months ended 30 June 2020.Highlights (including post period-end)OperationalPositive results from SG016, its double-blind placebo-controlled Phase II trial of SNG001 in hospitalised COVID-19 patients announced in July The Company extended the SG016 Phase II trial to include a further 120 patients with confirmed COVID-19 to be dosed in the home environment (ongoing) Positive results from interim analysis of SG015, its double-blind placebo-controlled Phase II trial of SNG001 in COPD patients announced in September, supporting the COVID-19 programme Patent applications...