Month: September 2020

Third Quarter 2020 Net Sales Expected to be Between $61 Million – $64 MillionLatest Corporate Presentation Filed with SEC and Posted to IR Website2020 Annual Meeting of Shareholders to be Held on November 20, 2020MARIETTA, Ga., Sept. 21, 2020 (GLOBE NEWSWIRE) — MiMedx Group, Inc., (OTC PINK: MDXG) (“MiMedx” or “the Company”), an industry leader in advanced wound care and a therapeutic biologics company, today provided guidance regarding certain unaudited, preliminary third quarter financial results. Net sales for the quarter ended September 30, 2020, are expected to be between $61 million and $64 million. This compares to $88.9 million reported for the quarter ended September 30, 2019. Net sales for the quarter ended September 30, 2019, include a benefit of $21.5 million resulting from a change in the Company’s methods for...

SOUTHBOROUGH, Mass., Sept. 21, 2020 (GLOBE NEWSWIRE) — Virtusa Corporation (NASDAQ GS: VRTU), a global provider of digital strategy, digital engineering, IT services and solutions that help clients change and disrupt markets through innovation engineering, today announced that its CDR (Consumer Data Right) Solution has been selected by IMB Bank to assure the bank is compliant with the Australia Competition and Consumer Commission (ACCC) CDR regulations for open banking.To support compliance by IMB Bank, Virtusa’s CDR solution leverages elements of its Open Innovation Platform (OIP) as well as components of WSO2 API Management and Identity & Access Management.Through the CDR, the Australian Government has mandated that consumers have greater access to and control over their data. It will improve consumers’ ability to compare...

SIERRA BLANCA, TX, Sept. 21, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE ‒ Texas Mineral Resources Corp. (OTCQB: TMRC)DOE award is for potential value of $1 million [1]Project partners are Penn State University, Jeddo Coal and H22OSFull project plans production of 1-3 metric tons/day mixed rare earth oxides followed by final processing at USA Rare Earth facilitySuccessful completion heralds potentially significant economic benefits to regionGrant objective furthers effort to construct a complete U.S.-based REE supply chainAward is TMRC’s third U.S. Government grant[1] https://govtribe.com/opportunity/federal-contract-opportunity/production-of-mixed-rare-earth-oxides-reos-from-coal-based-resources-89243320rfe000032-1Texas Mineral Resources Corp. (“TMRC”), an exploration company which is developing its Round Top heavy rare earth critical...

ST. JOHN’S, Newfoundland, Sept. 21, 2020 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that it has successfully completed over 3 weeks of sea trials in Nova Scotia with our SeaScout® system installed on the company’s research and survey vessel, ‘Ocean Seeker’.The SeaScout® system consists of the Kraken’s Autonomous Launch and Recovery System (ALARS), Tentacle Winch® and, the KATFISH™ towed Synthetic Aperture Sonar underwater vehicle. Both the Tentacle Winch® and the ALARS are constructed of non-welded aluminum for high strength, low weight, and low magnetic signature. These properties are important for small host vehicles such as Unmanned Surface Vehicles (USVs) and Mine Counter Measures (MCM) vessels. The Tentacle Winch and ALARS are the culmination of an internal...

Tenant Implements State-Of-The-Art Aeroponics Growing SystemOld Bethpage, New York, Sept. 21, 2020 (GLOBE NEWSWIRE) — Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has completed the acquisition of a 4.32 acre land parcel (“Tamarack 7”) for $150,000 located in southern Colorado through a wholly owned subsidiary (“PropCo”) which plans to construct a greenhouse for the cultivation of medical cannabis. Tamarack 7 is adjacent to several other properties that Power REIT currently owns in a Crowley County, Colorado and is approved for cannabis cultivation.Concurrent with the closing on this acquisition, PropCo entered into a “triple-net” lease that requires its tenant (“Fifth Ace”) to pay all property related expenses including maintenance, insurance and taxes. The lease has a term of 20 years...

AMRYT PHARMA PLC(“Amryt” or the “Company”)Exercise of Warrants & Issue of Ordinary Shares and Total Voting RightsDUBLIN, Ireland, and Boston MA, September 21 2020, Amryt (Nasdaq: AMYT, AIM: AMYT), a global, commercial-stage biopharmaceutical company dedicated to developing and commercializing novel therapeutics to treat patients suffering from serious and life-threatening rare diseases, announces that an institutional investor has exercised subscription rights relating to 4,229,753 zero cost warrants (the “Warrants”).These Warrants were issued in September 2019 as part of the Company’s acquisition of Aegerion.  Certain institutional investors elected to receive Warrants to subscribe for new ordinary shares of £0.06 each (“Ordinary Shares”), in place of the same number of Ordinary Shares, as consideration for the Company’s acquisition...

FOND DU LAC, Wisc., Sept. 21, 2020 (GLOBE NEWSWIRE) — Mercury Marine, a division of Brunswick Corporation (NYSE: BC), is pleased to announce that Mercury outboard engines, including the 350 and 400 Verados and other high horsepower Mercury outboards, will be offered for the first time on nine Sportsman models beginning on November 1.  Mercury has continued to grow its presence in key saltwater markets and customers from around the U.S. have been asking for higher horsepower and requesting Mercury outboards.  Sportsman, their dealers, and many other key saltwater OEM’s, are now giving their customers the opportunity to experience the power and reliability of Mercury.“We were extremely excited to hear Sportsman and Mercury are working together and we can start offering Mercury engines on Sportsman boats to our customers,” said Bill...

CAESAREA, Israel, Sept. 21, 2020 (GLOBE NEWSWIRE) — Itamar Medical Ltd. (NASDAQ and TASE: ITMR), a leading medical device and digital health company focused on the diagnosis of sleep apnea and other respiratory sleep disorders, is pleased to report that The German Sleep Society (DGSM) has released an update to its clinical guidelines for Sleep-Related Breathing Disorders (SRBD) recognizing Peripheral Arterial Tonometry (PAT™) technology as an equivalent alternative to polygraphy-based Home Sleep Apnea Testing (HSAT) systems. The new guidelines were published in Somnologie Magazine on September 9th, 2020.These guidelines set the specifications for accepted technologies and practices to be used in the diagnosis and treatment of SRBD, marking another major achievement in the recognition and adoption of PAT™ technology and PAT-based...

SINGAPORE, Sept. 21, 2020 (GLOBE NEWSWIRE) — ASLAN Pharmaceuticals (Nasdaq:ASLN), a clinical-stage immunology and oncology focused biopharmaceutical company developing innovative treatments to transform the lives of patients, today announced that clinical sites in the US and Australia are now open and ready to enrol patients into its multiple ascending dose (MAD) study testing the first-in-class therapeutic antibody ASLAN004 in moderate to severe atopic dermatitis (AD) patients. Patients will now be recruited from 4 sites in Australia, 3 sites in the US alongside 2 existing sites in Singapore.ASLAN recently restarted recruitment into the second cohort of the randomised, double blind, placebo-controlled study in Singapore following the lifting of government restrictions in response to COVID-19. All 8 patients have now been fully recruited...