Month: March 2021

Expands Novartis Oncology radioligand pipeline with exclusive worldwide rights to develop and commercialize therapeutic applications for a library of FAP assets including FAPI-46 and FAPI-74 Broad expression of FAP demonstrated in tumors or in tumor stroma across many solid tumors1,2,3 Novartis Oncology continues to reimagine cancer care through development of robust radioligand therapy portfolioBasel, March 30, 2021 — Novartis has obtained exclusive worldwide rights to develop and commercialize therapeutic applications for a library of Fibroblast Activation Protein (FAP) targeting agents including FAPI-46 and FAPI-74, through an assignment agreement with iTheranostics, Inc., an affiliate of SOFIE Biosciences, Inc. The FAP assets were originally developed at the University of Heidelberg. The agreement also includes co-exclusive rights...

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...

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...

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...

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...

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...

CALGARY, Alberta, March 29, 2021 (GLOBE NEWSWIRE) — Designated News Release – Parkland Corporation (“Parkland”, “we”, the “Company”, or “our”) (TSX:PKI) announced today a private offering of US$800 million aggregate principal amount of senior unsecured notes (the “Offering”). The notes will bear interest at 4.500% per annum and are due October 1, 2029. Parkland intends to use the net proceeds of the Offering to (i) redeem on April 14, 2021 all of the outstanding US$500 million aggregate principal amount of its 6.000% senior notes with a final maturity date of April 1, 2026, (ii) redeem on May 10, 2021 the remaining C$200 million of its C$500 million aggregate principal amount of 5.625% senior notes with a final maturity date of May 9, 2025 not already called for redemption (with conditional redemption...

SANTIAGO, Chile, March 29, 2021 (GLOBE NEWSWIRE) — ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) today announced a new alliance with Rappi that will bring greater financial inclusion to Chile. This initiative is backed-up on the experience and support of both Itaú and Rappi. This agreement aims to revolutionize the local financial market with simple, innovative and unique digital products, allowing an increasing number of individuals to access new financial solutions in an agile and digital way. With this initiative, Itaú and Rappi seek to democratize financial services, promote greater inclusion and, at the same time, simpler and faster digitization that brings broad benefits to users. “At Itaú we want to be where our clients need us and we are thrilled to offer them new, simple, useful and reachable platforms, making their day-to-day...

TORONTO, March 29, 2021 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) announced today it has filed its Consolidated Financial Statements and Management’s Discussion and Analysis report for the years ended December 31, 2020 and 2019 with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedar.com. When asked to comment on the results, VitalHub CEO Dan Matlow said, “As the world has continued to combat and adapt to the COVID-19 pandemic, 2020 was a transformative year for VitalHub in many respects. The Company doubled its size year over year while significantly increasing its software recurring revenues as a percentage of total revenues, to levels that represent a true SaaS company. Our two UK acquisitions of Intouch with Health Ltd. and Transforming...

TORONTO, March 29, 2021 (GLOBE NEWSWIRE) — O2Gold Inc. (“O2Gold” or the “Company”) (TSXV: OTGO) is pleased to provide an update on its previously announced acquisition of a gold mining project in Colombia known as the “Otu Central Project” (the “Acquisition”). To allow the parties additional time to complete the previously announced $5 million financing (the “Offering”) and the remaining legal formalities in relation to the transactions contemplated in the share purchase agreement dated October 26, 2020, as amended, the parties agreed to extend the outside date from March 31, 2021 to May 31, 2021. The Acquisition and the Offering are now expected to be completed in April 2021. The Otu Central Project consists of interests in 26 mining claim titles and applications in Antioquia, Colombia. For more information about the Acquisition...