Month: September 2020

HONG KONG, SHANGHAI, China and FLORHAM PARK, N.J., Sept. 17, 2020 (GLOBE NEWSWIRE) — Hutchison China MediTech Limited (“Chi-Med”) (Nasdaq/AIM: HCM) today announces that its New Drug Application (“NDA”) for surufatinib for the treatment of patients with advanced pancreatic neuroendocrine tumors (“NET”) has been accepted for review by the China National Medical Products Administration (“NMPA”).The NDA is supported by data from the successful SANET-p study, a Phase III pivotal study of surufatinib in advanced neuroendocrine tumors – pancreatic patients in China for whom there is no effective therapy.  The study was terminated early following positive interim analysis completed in January 2020.  The positive results of the study demonstrating improvement in progression free survival (“PFS”) will be presented at the 2020 European Society...

NEWPORT BEACH, Calif., Sept. 17, 2020 (GLOBE NEWSWIRE) — DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (“DPW,” or the “Company”), announced that its power electronics business, Coolisys Technologies Corp. (“Coolisys”), is introducing its new industry leading High Density (“HD”) AC/DC power supply/switcher product line targeting the medical, industrial and telecom sectors. This new product series is designed for very high operating efficiency and power density with universal input and built-in active power factor correction (“PFC”).The new HD Series is a power switcher product line that can produce a single output of 12VDC, 24VDC, or 48VDC and offers high power in high-density packaging even under natural convection cooling conditions. The new product line features a compact, low profile footprint, and best-in-class...

TORONTO, Sept. 17, 2020 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX:FM) today announced that it is launching an offering (the “Offering”) of $1,000 million principal amount of Senior Notes due 2027 (the “Notes”). The Notes will be senior unsecured obligations of the Company and will be guaranteed by certain of the Company’s subsidiaries. Interest on the Notes will accrue from the issue date and will be payable semi-annually. The interest rate and offering price of each series of the Notes along with certain other terms will be determined at the time of pricing of the offering, subject to market conditions.***The information in this announcement does not constitute an offer of securities for sale in the United States or any other jurisdiction. Securities may not be offered...

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) owns three drilling rigs on long-term charters to subsidiaries of Seadrill Limited (“Seadrill”). Seadrill has announced that it has entered into forbearance agreements with certain creditors in respect of the group’s senior secured credit facility agreements, senior secured notes, and guarantee facility agreement in connection with Seadrill not making certain interest payments falling due in September 2020 under its senior secured credit agreements.Seadrill announced that the forbearance agreements allow Seadrill and its stakeholders more time to negotiate a comprehensive restructuring of its balance sheet. Such a restructuring may involve the use of a court-supervised process.Seadrill has paid the charter hire for September 2020 relating to the three drilling rigs, and the...

VANCOUVER, British Columbia, Sept. 17, 2020 (GLOBE NEWSWIRE) — Nanotech Security Corp. (TSXV: NTS) (OTCQX: NTSFF) (“Nanotech” or the “Company”), a leader in the development of secure and memorable nano-optic security features used in the government and banknote and brand protection markets, has published a whitepaper titled Depth Perception – An Important Authentication Tool for Security Features, highlighting the Company’s multifaceted KolourDepth™ security feature that successfully incorporates a rich spectrum of colours, 3D depth, and movement.The whitepaper addresses the need for new anti-counterfeit technology that can provide secure and fast visual authentication. This requires harnessing non-print based visual effects such as 3D stereo-depth and movement with colour and high contrast, while maintaining the standard for mechanical...

51.4% objective response rate and 13.5% complete response rate in half the planned pivotal cohortInterim results presented at ESMO Virtual Congress 2020On track to report full top-line results in mid-2021Potentially favorable safety profile compared to anti-PD-1 therapiesMarket-disruptive pricing planned in $25 billion PD-(L)1 marketNEW YORK, Sept. 17, 2020 (GLOBE NEWSWIRE) — Checkpoint Therapeutics, Inc. (“Checkpoint”) (NASDAQ: CKPT), a clinical-stage immunotherapy and targeted oncology company, today announced updated interim results from the ongoing global, open-label, multicohort, Phase 1 clinical trial of its anti-PD-L1 antibody, cosibelimab, in patients with advanced cancers, including the registration-enabling cohort of patients with metastatic cutaneous squamous cell carcinoma (“mCSCC”). Cosibelimab demonstrated a 51.4%...

TORONTO, Sept. 17, 2020 (GLOBE NEWSWIRE) — QMX Gold Corporation (“QMX” or the “Company”) (TSX:V: QMX) is pleased to release assay results from seventeen (17) drill holes on the Bonnefond Deposit (Table 1). These results expand the Bonnefond footprint both to the East and West of the intrusive. The Bonnefond Deposit is located in the Val d’Or East Zone of QMX’s extensive land package in Val d’Or, Quebec (Figure 3).Following on DDH 17315-20-121 (Press Release; August 18, 2020), which set out the depth potential at Bonnefond, these assay results indicate the Bonnefond footprint is also expanding to the west and to the east. The drilling campaign to the north of the intrusive was recently completed (assays pending) and QMX is currently drilling Bonnefond at depth in the intrusive and to the south of the deposit.Highlights include (Grades...

SEB is forming a new unit within the bank that will invest venture capital in green technology to contribute to a sustainable transition.The unit is starting out with SEK 300m in investment capital, with an ambition for an increase to SEK 1b over time. It will invest in companies that develop solutions which in a decisive way can improve the use of natural resources and reduce negative ecological impacts. This can involve investments in renewable energy, energy storage, water and agricultural technology, circular business models and waste management, for example. 

SEB bildar en ny enhet inom banken som ska investera riskkapital i grön teknik för att bidra till en hållbar omställning.  Enheten har ett initialt investeringskapital på 300 miljoner kronor, med en ambition att öka till 1 miljard kronor över tid. Den kommer att investera i företag som utvecklar lösningar som på ett avgörande sätt kan förbättra användningen av naturresurser och minska negativ ekologisk påverkan. Det kan till exempel handla om investeringar inom förnyelsebar energi, energilagring, vatten- och jordbruksteknik, cirkulära affärsmodeller och avfallshantering.SEB Greentech kommer att ledas av Markus Hökfelt, som rekryteras från Almi Invest där han idag är fondchef för Almi Invests Greentechfond. Markus tillträder rollen 1 november.  – Med SEB Greentech och bankens övriga plattform finns nu helt rätt verktyg att investera ägarkapital...

Golar LNG Limited (“Golar”) announces today that Hygo Energy Transition Ltd. (NASDAQ: HYGO) (“Hygo”), a joint venture with Stonepeak Infrastructure Partners, has launched an initial public offering of 23,100,000 common shares (“common shares”) at an anticipated initial offering price between $18.00 and $21.00 per share pursuant to a registration statement on Form F-1 previously filed with the Securities and Exchange Commission (the “SEC”). In addition, Hygo intends to grant the underwriters a 30-day option to purchase up to an additional 3,465,000 common shares. Hygo has applied to list the common shares on the Nasdaq Global Select Marketplace under the ticker symbol “HYGO.”  Following the consummation of the initial public offering, Golar is expected to own 50,000,000 common shares in Hygo.Morgan Stanley & Co. LLC and...