Year: 2020

Significant Reduction in Triglyceride Levels Without Low-Density Lipoprotein Cholesterol (LDL-C) Increase Compared to Placebo and Safety Profile Similar to Placebo Achieved with 4 Grams Per Day Dose of Icosapent Ethyl in Chinese Patients with Very High Triglycerides (>500 mg/dL)Results Support Upcoming Submission by Partner, Edding, Seeking Regulatory Approval in ChinaDUBLIN, Ireland and BRIDGEWATER, N.J., Nov. 19, 2020 (GLOBE NEWSWIRE) — Amarin Corporation plc (NASDAQ:AMRN) today shared positive, statistically significant top-line results from Protocol Number EDPC003R01, a Phase 3 clinical trial of VASCEPA® (icosapent ethyl) conducted in China by Amarin partner, Edding. The study, which investigated VASCEPA as a treatment for patients with very high triglycerides (≥500 mg/dL), met its primary efficacy endpoint as defined in the...

NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) — VORNADO REALTY TRUST (NYSE: VNO) today announced the pricing of a public offering of $300 million perpetual 5.25% Series N Cumulative Redeemable Preferred Shares, at a price of $25.00 per share, pursuant to an effective registration statement. The offering is expected to close November 24, 2020, subject to customary closing conditions. The Company may redeem the Series N Preferred Shares at a redemption price of $25.00 per share on and after November 24, 2025. BofA Securities, J.P. Morgan, Morgan Stanley, UBS Investment Bank and Wells Fargo Securities, acted as joint book-running managers.The Company will use the net proceeds for general business purposes.The offering is being made under the Company’s shelf registration statement filed with the Securities and Exchange Commission. A prospectus...

VANCOUVER, British Columbia, Nov. 19, 2020 (GLOBE NEWSWIRE) — Cummins Westport Inc. (“CWI”) today announced changes to its Board of Directors and Management in accordance with the terms of the 50/50 Joint Venture Agreement between Cummins Inc. (NYSE:CMI) and Westport Fuel Systems Inc. (TSX:WPRT/NASDAQ:WPRT).  The changes take effect January 1, 2021.Changes to the management team are:Tom Hodek has been appointed President of CWI. Tom was Director of Sales and Marketing for CWI and previously led the development of the latest generation of CWI’s ISX12N, L9N and B6.7N engines.Chad Mobley has been re-appointed as Controller of CWI.Gord Exel, President of CWI will be stepping down as President upon the completion of his term.Changes to the Board of Directors are:Jim Arthurs, Executive Vice President of Westport Fuel Systems Inc. has been...

HAMILTON, Bermuda, Nov. 19, 2020 (GLOBE NEWSWIRE) — TransAtlantic Petroleum Ltd. (TSX: TNP) (NYSE American: TAT) (the “Company” or “TransAtlantic”) today announced its financial results for the quarter ended September 30, 2020 and provided an operations update. Additional information can be found on the Company’s website at http://www.transatlanticpetroleum.com.Pending MergerAs previously disclosed, on August 7, 2020, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”), pursuant to which an affiliate of a group of holders (the “Preferred Shareholder Group”) representing 100% of the Company’s outstanding 12.0% Series A Convertible Redeemable Preferred Shares (“Series A Preferred Shares”) would acquire all of the outstanding common shares, par value $0.10 per share (“common shares”) for $0.13 per share...

COSTA MESA, Calif., Nov. 19, 2020 (GLOBE NEWSWIRE) — El Pollo Loco, Inc. (“El Pollo Loco” or “Company) (Nasdaq: LOCO), the nation’s leading fire-grilled chicken restaurant chain, today announced the company’s commitment to a design philosophy that will challenge the QSR category norms, with more modern and artistic design choices.Click here to scroll through a variety of El Pollo Loco’s designs.

WINNIPEG, Manitoba, Nov. 19, 2020 (GLOBE NEWSWIRE) — Kane Biotech Inc. (TSX- V:KNE; OTCQB:KNBIF) (the “Company” or “Kane Biotech”), a biotechnology company engaged in the research, development and commercialization of technologies and products that prevent and remove microbial biofilms, will announce its third quarter 2020 financial results after market close on Thursday, November 26, 2020.Kane Biotech management will host a conference call at 4:30 p.m. ET on Monday Nov. 30, 2020 to review the financial results and discuss business developments in the period.The call will also be broadcast live and archived on the Company’s website at www.kanebiotech.com under “News/Events” in the Investors section.About Kane Biotech Inc.Kane Biotech is a biotechnology company engaged in the research, development and commercialization...

NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today reported operational and financial results for the first quarter ended September 30, 2020 (FY2021).Mesoblast has entered into an exclusive worldwide license and collaboration agreement with Novartis for the development, manufacture and commercialization of its lead mesenchymal stromal cell (MSC) product candidate, remestemcel-L, with an initial focus on the treatment of acute respiratory distress syndrome (ARDS), including that associated with COVID-19. Details of this transaction have been lodged in a separate announcement with the ASX and Nasdaq today. As foreshadowed following the capital raising in May 2020, Mesoblast increased its investment in both clinical development...

CHICAGO, Nov. 19, 2020 (GLOBE NEWSWIRE) — Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, today announced it will release its second quarter fiscal 2021 results for the period ended October 31, 2020, on Thursday, December 3, 2020, before the market opens.Following the release, the company will conduct a conference call and webcast to review financial and operational highlights led by its President and Chief Executive Officer, Donald W. Duda, and Chief Financial Officer, Ron Tsoumas, at 10:00 a.m. CST.To participate in the conference call, please dial (877) 407-8031 (domestic) or (201) 689-8031 (international) at least five minutes prior to the start of the event. A simultaneous webcast can be accessed through the company’s website, www.methode.com, by...

SHANGHAI, China, Nov. 19, 2020 (GLOBE NEWSWIRE) — Dada Group (NASDAQ: DADA, “Dada” or the “Company”), China’s leading local on-demand delivery and retail platform, today announced its unaudited financial results for the third quarter ended September 30, 2020.Third Quarter 2020 HighlightsTotal net revenues were RMB1,301.5 million, an increase of 85.5% year-over-year.Number of orders delivered of Dada Now for the twelve months ended September 30, 2020 was 1.0 billion, compared with 635.5 million in the same period of 2019.Total Gross Merchandise Volume (“GMV”) of JDDJ for the twelve months ended September 30, 2020 was RMB21.3 billion, an increase of 102.9% year-over-year from RMB10.5 billion in the same period of 2019.Number of active consumers for the twelve months ended September 30, 2020 was 37.3 million, an increase of 77.1% year-over-year...

ALHAMBRA, Calif., Nov. 19, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline on Thursday, November 19th by EMCORE Corporation (NASDAQ: EMKR), please note that webcast will be available on the Company’s website for replay beginning Tuesday, December 1, 2020. The corrected release follows:EMCORE Corporation (NASDAQ: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets, will announce its fiscal 2020 fourth quarter results for the period ended September 30, 2020 on Monday, November 30, 2020 after the market close.Conference Call InformationThe Company will host a conference call to discuss these results at 8:00 a.m. ET (5:00 a.m. PT) on Tuesday, December 1, 2020. President & Chief Executive Officer, Jeff Rittichier and Chief...