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Month: February 2021

MATEON ANNOUNCES COMPLETION OF ARTI-19 AND PUBLICATION OF POSITIVE INTERIM DATA

AGOURA HILLS, California, Feb. 02, 2021 (GLOBE NEWSWIRE) — Mateon Therapeutics, Inc. (OTCQB:MATN) (“Mateon”), a leading developer of TGF-β therapeutics for oncology and infectious diseases, announced that its ARTI-19 trial, evaluating ARTIVeda™ / PulmoHeal™ against COVID-19 in India, has completed randomization of all 120 patients and final analysis is expected in March 2021. Simultaneously, Mateon published positive interim data as preprint at https://www.medrxiv.org/content/10.1101/2021.01.24.21250418v1. Once the article is published in a peer-reviewed journal, medRxiv will update the preprint with a link to the published version.“We thank the patients, investigators, Windlas Biotech Pvt. Ltd. (Windlas Biotech), and Abiogenesis Clinpharm Pvt Ltd, connected to the ARTI-19 clinical trial and who were key to the rapid completion...

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Travere Therapeutics Announces Achievement of Interim Proteinuria Endpoint in the Ongoing Phase 3 DUPLEX Study of Sparsentan in Focal Segmental Glomerulosclerosis

Sparsentan achieved statistically significant response on interim proteinuria endpoint compared to irbesartan after 36-weeks of treatmentTo date in the study, sparsentan has been generally well-tolerated and has shown a safety profile comparable to irbesartanCompany to host conference call and webcast today at 8:30 a.m. ETSAN DIEGO, Feb. 02, 2021 (GLOBE NEWSWIRE) — Travere Therapeutics, Inc. (NASDAQ: TVTX) today announced that the Company’s ongoing pivotal Phase 3 DUPLEX Study of sparsentan in focal segmental glomerulosclerosis (FSGS) achieved its pre-specified interim FSGS partial remission of proteinuria endpoint (FPRE) after 36 weeks of treatment. Sparsentan, an investigational product candidate, demonstrated a statistically significant response on FPRE compared to the active control, irbesartan (p=0.0094). Preliminary results...

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Qello Concerts by Stingray Named Exclusive Livestreaming Partner of Renowned Montreux Jazz Festival

Qello Concerts by Stingray announces multi-year deal to livestream upcoming concerts of the Montreux Jazz FestivalMONTREAL, Feb. 02, 2021 (GLOBE NEWSWIRE) — Stingray Group Inc. (TSX: RAY. A; RAY.B), a leading music, media, and technology company, today announced that it has joined forces with world-renowned Montreux Jazz Festival to livestream exclusive concerts to Qello Concerts by Stingray — the world’s leading streaming service for full-length, on-demand concerts and music documentaries. Under the agreement, Qello Concerts will livestream concerts from the 55th edition, which will take place from July 2 to July 17, 2021. The livestreams will be available to watch free of charge so anyone, wherever they are, can enjoy the magic of the festival. Additionally, the streaming platform will feature high quality content produced by...

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Qello Concerts by Stingray nommé partenaire de diffusion exclusif du réputé Montreux Jazz Festival

En vertu d’une entente pluriannuelle, la plateforme diffusera une série de concerts tirés des prochaines éditions de l’événementMONTRÉAL, 02 févr. 2021 (GLOBE NEWSWIRE) — Le Groupe Stingray Inc. (TSX : RAY.A; RAY.B), un chef de file de la musique, des médias et de la technologie, a annoncé aujourd’hui un tout nouveau partenariat avec le prestigieux Montreux Jazz Festival. En vertu de cette entente, Qello Concerts by Stingray, le plus important service de diffusion de concerts sur demande et de documentaires musicaux au monde, présentera des prestations tirées de la 55e édition de l’événement de renommée mondiale, qui se déroulera du 2 au 17 juillet prochain. Ces concerts pourront être visionnés en direct entièrement gratuitement, afin que les amateurs de musique des quatre coins du monde puissent profiter de la magie du festival...

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Red White & Bloom Applauds Joint Statement on Cannabis Reform

TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (“RWB” or the “Company”) today provided comments on U.S. Senators Cory Booker, D-N.J., Ron Wyden, D-Ore., and Chuck Schumer, D-N.Y., joint statement regarding comprehensive cannabis reform legislation in the 117th Congress.“This announcement today is a major step towards the end of prohibition of cannabis in the largest economy in the world and RWB has aggressively claimed our stake and positioned ourselves for the impending explosion of growth in the United States” stated RWB CEO and Chairman Brad Rogers. “I think the joint statement issued to pursue and prioritize comprehensive cannabis reform legislation in the current session is very welcome news for all cannabis stakeholders; whether they be medical patients, recreational...

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Mohawk Group Accelerates Accretive M&A Strategy Announcing Acquisition of Leading E-Commerce Essential Oils and Wellness Brands Portfolio

Company Raises 2021 Net Revenue Outlook Range to $340 million – $370 millionProvides 2021 Net Income Outlook Range of $1 million – $5 million &2021 Adjusted EBITDA Outlook Range of $28 million – $32 millionAnnounces New $16.5 Million Term LoanConference Call to be Held On Tuesday, February 2, 2021 at 8:30 am ETNEW YORK, Feb. 02, 2021 (GLOBE NEWSWIRE) — Mohawk Group Holdings, Inc. (Nasdaq: MWK) (“Mohawk” or the “Company”) today announced it acquired the assets of e-commerce company Healing Solutions, LLC (“Healing Solutions”), a leading online seller of essential oils. Healing Solutions’ unaudited trailing twelve month revenue and operating income excluding inventory liquidations, as of October 31, 2020, were approximately $65.2 million and $12.7 million, respectively.Yaniv Sarig, Co-Founder and Chief Executive...

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Nasdaq Agrees to Sell U.S. Fixed Income Business to Tradeweb Markets

NEW YORK, Feb. 02, 2021 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) announced today that it has entered into a definitive agreement to sell its U.S. fixed income business, Nasdaq Fixed Income (NFI), to an affiliate of Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities and money markets.“Tradeweb Markets is the right partner for NFI, as the combined offering is well positioned to serve growing investor needs and creates a comprehensive suite of best in class execution solutions for all market participants,” said Tal Cohen, Executive Vice President and head of North American Markets, Nasdaq.NFI has successfully repositioned itself in the U.S. Treasuries market, developing and launching new technology and product offerings, which will benefit Tradeweb’s ability to...

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Greenlane Expands Global Footprint with Three New Higher Standards Shop-In-Shop Locations in Uruguay with Kaya Herb Group

The shop-in-shops are part of an immersive cannabis consumer experience and mark the first international expansion of Greenlane’s Higher Standards retail brandBOCA RATON, Fla., Feb. 02, 2021 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq: GNLN), one of the largest global sellers of premium cannabis accessories and specialty vaporization products, announced that their NYC-based luxury lifestyle brand, Higher Standards, opened three new shop-in-shop retail locations in Uruguay in a collaboration with the Kaya Herb Group. Further expanding Greenlane’s global footprint, the high-profile locations mark Higher Standards’ first international stores.The Higher Standards shop-in-shop boutiques are part of Kaya Herb House’s immersive retail concept and are located in the most exclusive areas of the Uruguayan...

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Atlas Technical Consultants Strengthens Management Team

AUSTIN, Texas, Feb. 02, 2021 (GLOBE NEWSWIRE) — Atlas Technical Consultants, Inc. (Nasdaq: ATCX), a leading provider of professional testing, inspection, engineering, environmental, and consulting services, is proud to announce it has hired Priya Jain as the Chief Growth Officer and promoted Jonathan Parnell to Chief Strategy Officer.Aligning with Atlas’ mission to continue its organic growth trajectory, Ms. Jain brings proven expertise in focusing and prioritizing business development and sales programs while rapidly expanding existing and new revenue streams at some of the world’s leading engineering and construction firms.Atlas CEO, L. Joe Boyer notes, “Priya has the range of experience that will be transformative to our growth strategy as we continue to differentiate Atlas as a leading infrastructure and environmental solutions...

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Brookfield Property Partners Reports Fourth Quarter and Full-Year 2020 Results

All dollar references are in U.S. dollars, unless noted otherwise.BROOKFIELD NEWS, Feb. 02, 2021 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPYU; TSX: BPY.UN) (“BPY”) today announced financial results for the quarter and year ended December 31, 2020.Financial ResultsCompany FFO (CFFO) was $167 million for the quarter ended December 31, 2020, compared to $379 million in the prior-year period. Company FFO was $815 million for the year ended December 31, 2020, compared to $1.35 billion in 2019. CFFO was impacted over the course of the year by the effects of the global economic slowdown during much of 2020.Net income for the quarter ended December 31, 2020 was a loss of $38 million or $0.40 per LP unit compared to a gain of $1.55 billion or $1.00 per LP unit for the same period in 2019. The prior year...

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