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Day: March 30, 2021

Genmab Announces European Marketing Authorization for Kesimpta® (ofatumumab) in Relapsing Multiple Sclerosis

Company AnnouncementNovartis receives European approval for Kesimpta® (ofatumumab) for the treatment of relapsing forms of multiple sclerosis in adults Approval follows positive opinion by European Committee for Medicinal Products for Human Use (CHMP) in January 2021 Approval based on Phase 3 ASCLEPIOS I and II studies First and only self-administered, targeted B-cell therapy for adult patients with relapsing multiple sclerosis approved in EuropeCopenhagen, Denmark; March 30, 2021 – Genmab A/S (Nasdaq: GMAB) announced today that the European Commission (EC) has granted Novartis marketing authorization for the use of Kesimpta® (ofatumumab) in the treatment of relapsing forms of multiple sclerosis (RMS) in adults with active disease defined by clinical or imaging features. The EC approval follows a positive opinion issued for subcutaneous...

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Global Warming Solutions, Inc. Announces Novel Patent Filing for Sodium-Ion Battery Technology

Temecula, CA, March 30, 2021 (GLOBE NEWSWIRE) — Global Warming Solutions, Inc., (OTC MARKETS: “GWSO”), a worldwide developer of technologies that help mitigate Global Warming and its effects on the Planet announces the filing of its novel “Patent” for “Sodium-Ion Battery Technology” which could revolutionize and reshape the entire “Rechargeable Battery Industry Worldwide”.  Vladimir Vasilenko, CEO of GWSO stated, “we have developed a new type of battery that we believe is more cost-effective and works far more efficiently than current technologies available in the marketplace today. It employs an advanced manufacturing technique for solid-state electrolytes. It has a large capacity anode due to its special design and creates higher specific energy due to air oxygen acting as a depolarizer. Based...

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Plexus Announces Construction of a Manufacturing Facility in Bangkok, Thailand

NEENAH, WI, March 29, 2021 (GLOBE NEWSWIRE) — Plexus (NASDAQ: PLXS), a global leader in complex product design, manufacturing, supply chain and aftermarket services, today announced that it broke ground on a new manufacturing facility in Bangkok, Thailand. The 400,000 square feet facility, expected to be complete in the fiscal third quarter of 2022, includes two levels of production and warehouse space, as well as four levels of office space. In alignment with Plexus’ commitment to Environment, Social & Governance (ESG) best practices, the facility will feature various energy efficient and green building initiatives, as well as considerations for future enhancements as operations commence. The facility will also include an exterior green zone to ensure that team members have a welcoming outdoor space to utilize and gather. Steve...

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Flow Capital Announces 2020 Audited Financial Results

TORONTO, March 29, 2021 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital”) today announced its audited annual financial and operating results for the year ended December 31, 2020 (“YE 2020”). Financial references are in Canadian dollars unless otherwise specified. YE 2020 Financial HighlightsFree Cash Flow of $981,000. 2020 total revenue under IFRS $10,379,000, YoY growth of 158%. Full-year recurring revenue declined by 3.6%; Q4 recurring revenue increased by 24% YoY driven by capital deployed into new investments in the quarter. 2020 net income from continuing operations of $ 2,121,000; compared to a net loss of $(12,222,000) in 2019. 2020 EBITDA of $ 6,608,000; YoY growth of 470%. Book value at YE 2020 of approximately $0.56 per share; year-over-year (YoY) growth of more than 23%.“In 2020, we achieved improved...

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SeaChange International Announces Proposed Underwritten Public Offering of Common Stock

WALTHAM, Mass., March 29, 2021 (GLOBE NEWSWIRE) — SeaChange International, Inc. (“SeaChange” or the “Company”) (NASDAQ: SEAC), a leading provider of video delivery platforms, today announced that it intends to offer shares of its common stock for sale in an underwritten public offering. The Company intends to use the net proceeds from this offering for general corporate purposes, including, but not limited to, working capital, potential acquisitions, and other business opportunities. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Aegis Capital Corp. is acting as the sole book-running manager for the offering. This offering is being made pursuant to an effective shelf registration...

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