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Month: September 2020

Theratechnologies Announces Preliminary Third-Quarter Fiscal 2020 Financial Results

MONTREAL, Sept. 21, 2020 (GLOBE NEWSWIRE) — Theratechnologies Inc. (Theratechnologies) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced select preliminary financial results for the third quarter ended August 31, 2020.For the third quarter of fiscal year 2020, the company expects consolidated net revenues to be between $13.8 million and $14.2 million compared to $16.1 million for the third quarter of fiscal year 2019. Revenues for the third quarter of 2020 were primarily impacted by the COVID-19 pandemic, one-time items related to the transition from EGRIFTA® to EGRIFTA SV® as well as higher than expected rebates and chargebacks related to prior reporting periods.“In addition to one-time items impacting our third quarter revenues, COVID-19...

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Purge Virus Launches Clean Room Initiative to Help Homeowners at Risk from Western U.S. Wildfires

Chicago, IL, Sept. 21, 2020 (GLOBE NEWSWIRE) — FOMO CORP. (US OTC: ETFM)–Under an LOI to merge with FOMO this Fall, Purge Virus LLC (PV) is pleased to announce its Clean Room Initiative (CRI) to help home and business owners at risk from Western U.S. wildfires. For more on the portable devices see: https://purgevirus.com/portable-devices/According to the Lawrence Berkley National Laboratory, “People in the U.S. and many other developed countries are indoors approximately 90% of the time, and may be indoors even more when outdoor air is affected by wildfires When outdoor air particle concentrations increase, indoor air concentrations of particles also increase, particularly in homes because they usually have low efficiency particle filtration systems or no particle filtration.”The recent wildfires have caught the attention of the world,...

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Dentures Market to Increase at a CAGR of 6.4% and Reach USD 3.82 Billion by 2027 Owing to Rising Number of Periodontal Diseases: Fortune Business Insights™

Pune, Sept. 21, 2020 (GLOBE NEWSWIRE) — The global dentures market size is expected to rise remarkably on account of the increasing prevalence of dental issues and periodontal diseases worldwide. Dentures are customized artificial teeth gums that are replaced with lost or removed teeth. They are shaped accordingly as per the oral structure of the patient. As per a recently published report by Fortune Business Insights™ titled, “Dentures Market Size, Share & Industry Analysis, By Type (Complete and Partial), By Usage (Removable and Fixed), By End User (Dental Hospitals & Clinics, Dental Laboratories, and Others), and Regional Forecast, 2020-2027,” the market stood at USD 2.33 billion in 2019 and is anticipated to reach USD 3.82 billion by 2027 by exhibiting a CAGR of 6.4% between 2020 and 2027.Highlights of the Report:Analysis...

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Contraceptives Market to Exhibit 5.5% CAGR and Reach USD 30.15 Billion by 2027; Increasing Rates of Unwanted Pregnancies in North America to Favor Growth: Fortune Business Insights™

Pune, Sept. 21, 2020 (GLOBE NEWSWIRE) — The global contraceptives market is set to gain traction from the increasing adoption of low-dose combined oral contraceptives (COCs). They include progestogen blended with 20-35 micrograms of ethinylestradiol. This information is given by Fortune Business Insights™ in a new report, titled, “Contraceptives Market Size, Share & COVID-19 Impact Analysis, By Product (Contraceptive Drugs and Contraceptive Devices), By Gender (Male & Female) By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Channel, Clinics, Public Channel & NGOs, and Others), and Regional Forecast, 2020-2027.” The report further states that the market size was USD 22.49 billion in 2019 and is projected to reach USD 30.15 billion by 2027, exhibiting a CAGR of 5.5% during the forecast period.This...

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Cend Therapeutics Announces Acquisition of Impilo Therapeutics

SAN DIEGO, Sept. 21, 2020 (GLOBE NEWSWIRE) — Cend Therapeutics, Inc., a clinical-stage biotech company, announced today that it has acquired Impilo Therapeutics, Inc. The combination expands Cend’s drug delivery capabilities to create a unique platform for targeted tissue penetrating delivery of nucleic acid-based medicines to solid tumor cancers.While antisense and siRNA medicines have reached market for a range of metabolic, neurological and neuro-muscular conditions, none have reached market for anticancer applications. “By combining Impilo with Cend our objective is to address delivery issues that have limited the ability of nucleic acid-based medicines to benefit cancer patients,” commented David Slack, CEO of Cend.“Cend’s lead asset, CEND-1, has generated encouraging clinical data showing the ability to enhance delivery of...

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Agios Announces Final Overall Survival Data from Phase 3 ClarIDHy Study of TIBSOVO® (ivosidenib tablets) in Previously Treated IDH1-Mutant Cholangiocarcinoma Patients

– Supplemental New Drug Application Planned for Submission in Q1 2021 –CAMBRIDGE, Mass., Sept. 21, 2020 (GLOBE NEWSWIRE) — Agios Pharmaceuticals, Inc. (NASDAQ:AGIO), a leader in the field of cellular metabolism to treat cancer and rare genetic diseases, today announced the results of the final overall survival (OS) analysis from its global Phase 3 ClarIDHy trial of TIBSOVO® (ivosidenib tablets) in previously treated cholangiocarcinoma patients with an isocitrate dehydrogenase 1 (IDH1) mutation. A consistent trend in improved OS was observed in patients treated with TIBSOVO® compared to those randomized to placebo, but was not statistically significant. The OS endpoint can be affected by crossover, so these results should be taken in the context of the large proportion (70%) of patients in the placebo arm who crossed over to receive...

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Vincit Oyj: Keusote uudistaa rohkeasti toiminta- ja johtamiskulttuuriaan Vincitin työkalujen avulla

Vincit OyjLehdistötiedote 21.9.2020 kello 14:00Keusote uudistaa rohkeasti toiminta- ja johtamiskulttuuriaan Vincitin työkalujen avullaSosiaali- ja terveyspalvelujen -toimintaympäristö on valtavan muutospaineen edessä niin rakenteellisten kuin toimintaympäristöön kohdistuvien muutostarpeiden osalta. Matala digitalisaatioaste, monimutkaiset rakenteet ja yksikköjen välisen yhteistyön ja tiedonkulun jäykkyys ovat kuntasektorin keskeisiä haasteita tilanteessa, jossa tarvitaan entistä nopeampia ratkaisuja ongelmiin, jotka ovat entistä kompleksisempia. Näitä haasteita Keski-Uudenmaan sote-kuntayhtymä lähtee edelläkävijänä taklaamaan merkittävällä toiminta- ja johtamiskulttuurin päivityksellä. Muutosta lähdetään tekemään Vincitin kehittämän LaaS-mallin avulla.Johanna Pystynen, Head of Leadership Development, Vincit Oyj: “Työelämän murroksen haasteet...

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ValOre Expands Fully Financed Exploration Program at Pedra Branca with Additional Drill Rig and New Geological Team Members

VANCOUVER, British Columbia, Sept. 21, 2020 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; the “Company”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0) today announced the addition of a second drill rig to accelerate Phase 1 and Phase 2 of the 2020 core drill program on the Company’s 100%-owned Pedra Branca Platinum Group Element (PGE) Project in northeastern Brazil. ValOre has also augmented the on-site technical team to help execute its newly expanded exploration program. With a CAD $500,000 increase to the existing unsecured revolving credit facility, ValOre is completely funded to finish both Phase 1 and Phase 2 drill programs at Pedra Branca.Pedra Branca Exploration Highlights:Phase 1 drill program has tested six targets with 21 diamond drill holes (“DDH”) to date, totaling 2,210 metres (“m”) of 2,875 m planned. See Table 1 below...

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Trevena, Inc. Announces Presentations at the Virtual 2020 American College of Clinical Pharmacology Annual Meeting

—Live presentation highlighting TRV027 as a potential treatment for COVID-19 acute respiratory distress syndrome (ARDS) / abnormal clottingPosters on OLINVYK benefit-risk profile and TRV250 Phase 1 pharmacokinetics—CHESTERBROOK, Pa., Sept. 21, 2020 (GLOBE NEWSWIRE) — Trevena, Inc. (Nasdaq: TRVN), a biopharmaceutical company focused on the development and commercialization of novel medicines for patients with central nervous system (CNS) disorders, today announced three presentations at the virtual 2020 American College of Clinical Pharmacology (ACCP) Annual Meeting, taking place from September 21st to 23rd, 2020.The Company will give a live presentation on TRV027, its AT1 receptor selective agonist being studied as a potential treatment for ARDS / abnormal clotting in COVID-19. Additionally, the Company will present...

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Precision BioSciences and SpringWorks Therapeutics Announce Clinical Collaboration to Evaluate PBCAR269A in Combination with Nirogacestat in Patients with Relapsed or Refractory Multiple Myeloma

DURHAM, N.C. and STAMFORD, Conn., Sept. 21, 2020 (GLOBE NEWSWIRE) — Precision BioSciences, Inc. (Nasdaq: DTIL), a clinical stage biotechnology developing allogeneic CAR T and in vivo gene correction therapies with its ARCUS® genome editing platform, and SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a clinical-stage biopharmaceutical company focused on developing life-changing medicines for patients with severe rare diseases and cancer, today announced they have entered into a clinical trial collaboration agreement. Per the agreement, PBCAR269A, Precision BioSciences’ wholly-owned investigational allogeneic chimeric antigen receptor (CAR) T cell therapy candidate targeting B-cell maturation antigen (BCMA), will be evaluated in combination with nirogacestat, SpringWorks’ investigational gamma secretase inhibitor (GSI), in patients...

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