Month: May 2021
TORONTO, May 17, 2021 (GLOBE NEWSWIRE) — VITALHUB CORP. (TSXV: VHI) (the “Company” or “VitalHub”), is pleased to announce today it has completed the acquisition (the “Acquisition”) of the on-premise hospital queue management business segment (“Jayex System”) of Jayex Healthcare Limited (ASX: JHL) (“Jayex”), a leading UK and Australian e-health provider of integrated SaaS healthcare services delivery platforms.
Total consideration paid by VitalHub is £1.3M (the “Purchase Price”). Jayex received the Purchase Price as (i) £1.04M in cash and (ii) £0.26M in VitalHub common shares (the “Shares”). The Shares were issued at CAD$2.915 per Share, and resulted in 150,078 Shares being issued.
In addition, for 24 months after closing of the Acquisition, Jayex may receive an earn-out based on earned revenues of the Jayex System, capped at a...
FreightCar America, Inc. Reports First Quarter 2021 Results
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First quarter revenues up substantially year-over-year
Company raises 2021 delivery outlook
Second consecutive quarter of positive gross margins, driven by new operating structure
CHICAGO, May 17, 2021 (GLOBE NEWSWIRE) — FreightCar America, Inc. (NASDAQ: RAIL) today reported results for the first quarter ended March 31, 2021.
Business Highlights First quarter revenue of $32.4 million, up 523% year-over-year, on deliveries of 309 railcarsGross margin of $1.8 million, positive for the second consecutive quarter despite the operational complexities of completing the transition from Shoals to CastañosFirst quarter net loss of $38.4 million, or $1.92 per share, which included $6.7 million of restructuring charges and a $22.1 million non-cash charge related to the change in fair market value of warrant liabilityAdjusted...
Minim to Set New Price and Performance Bar this Fall with Next-Generation Motorola WiFi 6 Product Family
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MinimMinim To Set New Price and Performance Bar This Fall With Next-Generation Motorola WiFi 6 Product FamilyMinim Announces Ultra-High-Speed, Low-Latency Motorola Lineup of AX Products, Including the “Luxury Cars” of Cable Modem/Routers— Coming Early Fall and Available for Pre-Order Today
MANCHESTER, NH, May 17, 2021 (GLOBE NEWSWIRE) — via NewMediaWire ‒ Zoom Telephonics, Inc., doing business as Minim (OTCQB: MINM), the creator of innovative internet access products under the globally-recognized Motorola® brand, today announced the company’s highly anticipated Motorola WiFi 6 product family and an intelligent mobile app, motosync. As WiFi 6 (“AX”) brings speeds up to 250% faster than the previous WiFi standard, the Motorola family of AX products will join the estimated two billion WiFi 6 device shipments in 2021...
US Genetic Testing Market Size 2021 | Is Expected to Gain Momentum by Reaching USD 10.29 Billion by 2027 while Exhibiting an Impressive CAGR of 13.0%
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Top Players Covered in the US Genetic Testing Market Research Report Are Invitae Corporation (San Francisco, U.S.), Ambry Genetics (Aliso Viejo, U.S.), BioReference Laboratories, Inc. (Elmwood Park, U.S.), Progenity, Inc. (San Diego, U.S.), Quest Diagnostics Incorporated (Secaucus, U.S.), Myriad Genetics, Inc. (Salt Lake City, U.S.), Fulgent Genetics (Temple City, U.S.), Burning Rock Biotech Limited (Guangzhou, China) and other key market players.
Pune, India, May 17, 2021 (GLOBE NEWSWIRE) — US Genetic Testing Market Size| 2021 Covid-19 Impact On Automotive Industry Global Analysis By Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2026 is latest study published by Fortune Business Insights. The US Genetic Testing Market size is expected to gain momentum by...
GT Gold Corp. Announces Completion of Acquisition by Newmont Corporation
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VANCOUVER, British Columbia, May 17, 2021 (GLOBE NEWSWIRE) — GT Gold Corp. (TSX-V:GTT; OTCQX:GTGDF) (the “Company” or “GT Gold”) is pleased to announce the successful completion of the previously-announced plan of arrangement with Newmont Corporation i under the Business Corporations Act (British Columbia) (the “Arrangement”). Pursuant to the Arrangement, Newmont has acquired the remaining 85.1% of the outstanding common shares of the Company not already owned by Newmont or its affiliates. Upon completion of the Arrangement, GT Gold became an indirect wholly-owned subsidiary of Newmont.
“Newmont is excited to have the Tatogga project in the highly-sought after Golden Triangle district of British Columbia, Canada, become part of our world-class portfolio and part of our future,” said Newmont President and CEO Tom Palmer. “We look...
Landos Biopharma Reports First Quarter 2021 Financial Results and Provides Business Updates
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Completed initial public offering of common stock, raising approximately $100 million in gross proceeds
Following positive Phase 2 results of omilancor in ulcerative colitis, including statistically significant immunological and biomarker results, end-of-Phase 2 Meeting with FDA planned for Q2 2021
Announced a potentially $218 million exclusive development and commercialization agreement with LianBio to conduct two clinical trials for omilancor and NX-13 in Greater China and select Asian markets
Company expects to file at least three INDs in 2021
BLACKSBURG, Va., May 17, 2021 (GLOBE NEWSWIRE) — Landos Biopharma, Inc (NASDAQ: LABP), a clinical-stage biopharmaceutical company focused on the discovery and development of therapeutics for patients with autoimmune diseases, today announced financial results for the first quarter ended...
The special investment fund Impakti becomes part of Aktia’s product portfolio
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Aktia Bank PlcPress release17 May 2021 at 2.15 p.m.
The special investment fund Impakti becomes part of Aktia’s product portfolio
On 30 April 2021, Aktia announced that it had acquired the wealth management operations of Taaleri. As a result of the arrangement, the special investment fund Taaleri Impakti becomes part of Aktia’s product portfolio. The objective of the fund is to impact society and the environment in a positive way by investing funds in the stock market, the interest rate markets and alternative investments either directly or through other funds.
The Impakti fund invests in, among other things, wind and solar energy as well as projects promoting environmental protection and energy efficiency. The globally investing fund aims to mitigate the effects of climate change, air and marine pollution as well as poverty and...
Medivolve Expands Portfolio of Pharmacy Acquisitions with Agreement to Acquire Outstanding Shares of CalVax Licensed Marbella Pharmacy
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Acquisition will give Medivolve immediate access to pharmaceutical distribution and CalVax licensing throughout CA; near term COVID-19 vaccination allocations to follow
TORONTO, May 17, 2021 (GLOBE NEWSWIRE) — Medivolve Inc. (“Medivolve”) (NEO:MEDV; OTC:COPRF; FRA:4NC) a healthcare technology and services company, today announced it has signed a binding agreement to acquire 100% of all outstanding shares of Marbella, a nonsterile compounded California state licensed and insured pharmacy. This acquisition advances Medivolve’s growth strategy and expands its ability to deliver patient care through immediate access to pharmaceutical distribution throughout the state of California.
“The acquisition of Marbella Pharmacy is an important step forward in executing on our strategic growth strategy,” said David Preiner, CEO of Medivolve....
Aerpio Pharmaceuticals and Aadi Bioscience Enter into a Definitive Merger Agreement
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Transaction to create Nasdaq-listed company focused on advancing Aadi Bioscience’s late-stage pipeline for genetically-defined cancers with alterations in mTOR pathway genes
Concurrent $155 million PIPE financing is backed by leading life science investors led by Acuta Capital Partners and KVP Capital and including Avoro Capital Advisors; Avoro Ventures; Venrock Healthcare Capital Partners; BVF Partners, L.P.; Vivo Capital; Alta Bioequities, L.P.; Rock Springs Capital; RTW Investments, LP; Acorn Bioventures; and Serrado Capital LLC
Combined company cash at closing will fund operations into 2024Rolling NDA submission to the FDA for FYARROTM in advanced malignant perivascular epithelioid sarcoma (PEComa) expected to be completed in mid-2021
FYARROTM preliminary data in patients with solid tumors harboring inactivating alterations in the...
Houseworks Announces Acquisition of Intervention Associates, a Leading Care Management Company Serving Greater Philadelphia
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BOSTON & PHILADELPHIA, May 17, 2021 (GLOBE NEWSWIRE) —HouseWorks, one of the nation’s largest independent home care companies, announced today that it has acquired Intervention Associates, a leading care management company that has served Greater Philadelphia for more than 30 years.
The acquisition of Intervention Associates adds bench strength to the HouseWorks family of companies’ in-home care services that are offered through Caring Friends Home Care in Greater Philadelphia. Intervention Associates’ talented and experienced care managers will significantly enhance Caring Friends’ ability to provide specialized services to clients and families —becoming their ‘quarterbacks’ as they navigate every possible challenge of aging at home.
Michael Trigilio, CEO of HouseWorks commented: “I am thrilled to welcome the Intervention...
