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Month: May 2021

Honey Market Size to Reach USD 11.16 Billion by 2027; Growing Consumer Inclination for Healthy and Immunity Boosting Foods to Enhance Market Growth, Says Says Fortune Business Insights™

Browse 52 market data tables and 93 figures spread through 164 Pages. Get Sample PDF! Understand honey market size, share, competitors revenue & latest developments & upcoming trends by 2027 Pune, India, May 06, 2021 (GLOBE NEWSWIRE) — The global honey market size is likely to reach USD 11.16 billion by 2027, registering a CAGR of 5.2% during the forecast period. Honey possesses antibacterial and antiseptic properties. Additionally, it is a natural and healthier alternative to artificial sweeteners. Fortune Business Insights™ has presented this information in an upcoming report titled, “Honey Market, 2020-2027”. The market size stood at USD 7.19 billion in 2019.According to the report, honey is gaining immense popularity due to several reasons. For instance, the proven health benefits of honey’s consumption are anticipated...

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Pfizer and BioNTech to Provide COVID-19 Vaccine Doses for Olympic Athletes at the 2020 Tokyo Games

NEW YORK and MAINZ, GERMANY, May 6, 2021— Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) today announced the signing of a Memorandum of Understanding (MoU) with the International Olympic Committee (IOC) to donate the companies’ COVID-19 vaccine to help vaccinate athletes, and their delegations, participating in the Olympic and Paralympic Games Tokyo 2020, which are scheduled to begin on July 23, 2021.  Under the MoU, the companies and the IOC will coordinate with National Olympic Committees (NOCs) around the world to understand and work to help address the local need for vaccine doses for national delegations’ participation in the Games. Delivery of initial doses to participating delegations is expected to begin at the end of May where possible with the aim to ensure participating delegations receive second doses ahead of arrivals...

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PAE Reports First-Quarter 2021 Financial Results

HighlightsFirst-quarter revenue of $748.6 million First-quarter operating income of $26.2 million First-quarter net income of $13.4 million First-quarter adjusted EBITDA1 of $47.0 million (margin of 6.3%1 of revenue) First-quarter cash flows provided by operations of $55.4 million First-quarter net bookings of $292 million (0.4x book-to-bill); $2.7 billion for the trailing 12 months (1.0x book-to-bill) Company reiterates fiscal 2021 financial guidanceFALLS CHURCH, Va., May 06, 2021 (GLOBE NEWSWIRE) — PAE Incorporated (“PAE” or the “Company”) (NASDAQ: PAE, PAEWW) today announced first-quarter 2021 financial and operating results. CEO Commentary PAE Interim President and CEO Charlie Peiffer said, “I am very proud of the PAE team and very pleased with our operating results. We grew organic revenue about 7% over the prior year...

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Denbury Reports First Quarter 2021 Results

PLANO, Texas, May 06, 2021 (GLOBE NEWSWIRE) — Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today provided results for the first quarter of 2021, including the following key outcomes: FIRST QUARTER 2021 HIGHLIGHTSNet cash provided by operating activities was $53 million; Adjusted cash flow from operations(1) (non-GAAP measure) was $81 million. Development capital expenditures totaled $20 million; Free cash flow(1) (non-GAAP measure) was $59 million. Net loss totaled $70 million, or $1.38 per diluted share. Adjusted net income(1) (non-GAAP measure) was $22 million, or $0.44 per diluted share(1) (non-GAAP measure) and Adjusted EBITDAX(1) (non-GAAP measure) totaled $82 million. Total production averaged 47,357 BOE/d, consistent with expectations. Severe winter weather reduced volumes for the quarter by approximately 1,400...

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SpringWorks Therapeutics Reports First Quarter 2021 Financial Results and Recent Business Highlights

– Reported Interim Data from Phase 2b ReNeu Trial of Mirdametinib in NF1-PN Demonstrating Encouraging Clinical Activity and Tolerability in the First 20 Adult Patients Enrolled – – Announced Achievement of First Patient Dosed in Allogene and Janssen Phase 1 Trials Evaluating Nirogacestat in Combination with BCMA Therapies – – Expanded Targeted Oncology Pipeline with Exclusive Worldwide License to TEAD Inhibitor Portfolio – STAMFORD, Conn., May 06, 2021 (GLOBE NEWSWIRE) — SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a clinical-stage biopharmaceutical company focused on developing life-changing medicines for patients with severe rare diseases and cancer, today reported first quarter financial results for the period ended March 31, 2021 and provided an update on recent company developments. “In the first quarter of 2021 we continued...

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Wallbridge Continues to Produce Strong Drill Results from its Definition and Expansion Drill Program at Fenelon

Figure 1.Fenelon Gold, Tabasco-Cayenne-Gabbro Zones Long SectionFigure 2.Fenelon Gold, Plan ViewFigure 3.Fenelon Gold, Zoomed-In Plan View, Surface down to 250 m DepthFigure 4.Fenelon Gold, Cross Section 9975_EFigure 5.Fenelon Gold, Cross Section 10050_EFigure 6.Fenelon Gold, Cross Section 10125_ETORONTO, May 06, 2021 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM) (“Wallbridge” or the “Company”) is pleased to announce that its 2021 definition and expansion drill program on the Fenelon Gold Property (“Fenelon” or the “Property”) continues to confirm the grade and geometry of the central portions of the Tabasco-Cayenne and Area 51 Zones and expand the mineralized footprint. Drilling is currently focusing on various...

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Emergent BioSolutions to Hold Virtual Annual Meeting of Stockholders on Thursday, May 20, 2021 at 9:00am EDT

GAITHERSBURG, Md., May 06, 2021 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE: EBS) announced today that its 2021 Annual Meeting of Stockholders will be held in a virtual-only format via live audio webcast on Thursday, May 20, 2021 at 9:00 AM EDT.   HOW TO PARTICIPATE IN THE VIRTUAL ANNUAL MEETINGAs described in the proxy materials, stockholders of record as of the record date of March 25, 2021 are eligible to participate in and ask questions during the Virtual Annual Meeting by visiting www.virtualshareholdermeeting.com/EBS2021 and entering their 16-digit Control Number provided on the proxy card, voting instruction form or notice received from the Company to log into this website. Only one stockholder per 16-digit Control Number can access the Virtual Annual Meeting. Beneficial owners of shares held in street name will...

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SEACOR Marine Announces First Quarter 2021 Results

HOUSTON, May 06, 2021 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its first quarter ended March 31, 2021. Chief Executive Officer John Gellert provided the following statement: “SEACOR Marine continues to grieve for our crew members, partners and the loved ones of those who were lost in the capsizing of the SEACOR Power. Their memories will live long in our hearts, minds and communities. We are grateful for the efforts of all those involved in our search and rescue efforts. As salvage operations continue, we remain focused on supporting our team members and their families and will keep them in our prayers.” SEACOR Marine’s consolidated operating...

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New CentoMD® 6.0 Update Brings Deeper Insights Into Rare Diseases

CENTOGENE’s rare disease mutation database offers new features and previously unpublished variantsDatabase has grown to more than 465,000 analyzed patients, with more than 225,000 being linked to HPO terms Release includes increase of almost 19 million to over 31 million unique variants New features, including variant classification based on ACMG guidelines and streamlined HPO search tools, help to accelerate diagnosis and expand on resources for orphan drug development New biochemistry module expands on previous genetic testing foundation to further fuel the knowledge base of rare diseases HPO source code released for free use globallyCAMBRIDGE, Mass. and ROSTOCK, Germany and BERLIN, May 06, 2021 (GLOBE NEWSWIRE) — Centogene N.V. (Nasdaq: CNTG), a commercial-stage company focused on rare diseases that transforms real-world...

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ChannelAdvisor Reports First Quarter 2021 Results; Revenue and Adjusted EBITDA Significantly Exceed Guidance

Total revenue growth accelerated to 22% year-over-year Subscription revenue growth accelerated to 17% year-over-year Revenue from brands increased 39% year-over-year RESEARCH TRIANGLE PARK, N.C., May 06, 2021 (GLOBE NEWSWIRE) — ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today reported financial results for the quarter ended March 31, 2021. First Quarter 2021 HighlightsGAAPTotal revenue increased 22% year-over-year to $39.2 million Subscription revenue growth accelerated to 17% year-over-year Brands revenue increased 39% year-over-year GAAP net income was $5.5 million, or $0.18 per diluted share based on 31.1 million diluted weighted average shares outstanding Operating cash flow increased 46% year-over-year to $8.4...

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