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Month: May 2021

Data from 10 Patients with Stage Four Cancer Treated with Leronlimab for Nearly One Year Will Serve as Basis for Pre-Breakthrough Therapy Designation Meeting with FDA

VANCOUVER, Washington, May 03, 2021 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (Vyrologix or PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today it is preparing a request for a pre-Breakthrough Therapy designation (BTD) meeting ahead of preparing a Phase 3 clinical trial protocol for 22 solid tumor cancer indications. The Company is extremely encouraged about the prospects of a Phase 3 trial and BTD based on preliminary indications of patients in the Company’s current Phase 2 basket trial, compassionate use study and a patient treated under an eIND, which may support a smaller trial. Scott Kelly, M.D., CytoDyn’s Chief Medical Officer, stated, “We are very encouraged by leronlimab’s potential...

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Influenza Medication Market Forecast [2019-2026] | Size Is Projected to Reach USD 993.7 Million by 2026, Exhibiting a CAGR of 2.2%

Key Players Covered in the Influenza Medication Market are Alvogen, Amneal Pharmaceuticals LLC, Teva Pharmaceutical Industries Ltd., GlaxoSmithKline plc, Seqirus (CSL), Genentech, Inc., Macleods Pharmaceuticals Ltd., Zydus Pharmaceuticals, Inc. (Zydus Cadila), Lupin Limited, BIOCRYST PHARMACEUTICALS, INC., Shionogi & Co., Ltd. Pune, India, May 03, 2021 (GLOBE NEWSWIRE) — The global “influenza medication market” size is projected to reach USD 993.7 million by 2026, exhibiting a CAGR of 2.2% during the forecast period. Increasing global burden of influenza will be one of the central forces driving the growth of this market. Influenza, or the flu, is a virus that infects the human respiratory system, that is, the throat, lungs, and nose. Usually, the infection subsides on its own, but sometimes it can turn severe and even prove...

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WSI Selects Manhattan Active® Warehouse Management to Offer Advanced Commerce Services

ATLANTA, May 03, 2021 (GLOBE NEWSWIRE) — Manhattan Associates Inc. (NASDAQ: MANH) today announced that WSI, one of the nation’s leading third-party logistics (3PL) providers, has selected Manhattan Active® Warehouse Management to better facilitate operations and expand its logistics services nationwide. From planning to execution, WSI delivers complete logistics support and boasts a coast-to-coast network with a global reach. Historically, its business has been focused on the industrial and chemical space, but amid shifting market trends, the Wisconsin-based provider decided to expand its ecommerce services. To make this pivot, WSI required a warehouse management system (WMS) purpose built for connected commerce with the flexibility and scalability to adapt to future market changes. Most importantly, WSI needed a forward-thinking...

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GSA Awards Hill International Three Contracts to Manage Office Modernizations, Renovations, and Consolidations in Columbus, OH, Woodlawn, MD, and Indianapolis, IN

PHILADELPHIA, Pa. and COLUMBUS, Ohio, May 03, 2021 (GLOBE NEWSWIRE) — Hill International (NYSE:HIL), the global leader in managing construction risk, announced today it was awarded three contracts by the General Services Administration (GSA) to manage the U.S. Bankruptcy Court (USBC) consolidation into the John W. Bricker Building in Columbus, OH; Phase 2 of Centers for Medicare and Medicaid Services (CMS) Headquarters Consolidation in Woodlawn, MD; and the renovation and repair of the roof and façade system for the Bean Federal Center in Indianapolis, IN. The USBC project will allow the Court to leave its current 51,000 SF leased space in Columbus, OH, for 26,000 SF of newly renovated and modernized offices in the John W. Bricker Federal Building, located directly across the street from the USBC’s current space. Work will involve...

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CareCloud Promotes Leaders within its Operations Team to Support Another Record Year of Growth

SOMERSET, N.J., May 03, 2021 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced the promotion of two leaders within its management team: Loraine Goetsch to Division President and SVP of Integrations, and Steve Link to Senior Vice President of Client Operations. Goetsch and Link are working to support CareCloud’s ongoing scalability by enhancing and optimizing critical aspects such as operational integration and functional service delivery. “2020 was a record year of growth for CareCloud, formerly MTBC, and we’re pleased to announce the promotion of these talented individuals, each with a deep understanding of the healthcare industry,” said Hadi Chaudhry, CEO and President, CareCloud. “Together,...

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Dyadic to Present at Upcoming Events

JUPITER, Fla., May 03, 2021 (GLOBE NEWSWIRE) — Dyadic International, Inc. (“Dyadic”, or the “Company”) (NASDAQ: DYAI) a global biotechnology company focused on further improving, applying and deploying its proprietary C1-cell protein production platform to accelerate development, lower production costs and improve the performance of biologic vaccines and drugs at flexible commercial scales, today announced that the Company will participate in the following upcoming events: KOL Fireside Chat Title: The Potential of the Transformative Dyadic C1 Protein Technology in Helping Meet Global Health ChallengesTime: Tuesday, May 4, 2021 10:00 AM Eastern Time The conversation will be moderated by Dr. David Bramhill, a veteran in the biotechnology industry with extensive experience using a wide array of protein production technologies. The...

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Chuy’s Holdings, Inc. Appoints Jody Bilney to Board of Directors

AUSTIN, Texas, May 03, 2021 (GLOBE NEWSWIRE) — Chuy’s Holdings, Inc. (NASDAQ:CHUY) (“Chuy’s” or the “Company”) today announced that Jody Bilney has been appointed as an independent member of its Board of Directors. With her appointment, the Board will be comprised of seven members, five of whom are independent. Steve Hislop, Chairman, President and Chief Executive Officer of Chuy’s, stated, “We are thrilled to welcome Jody to the Board. Her experience leading marketing and business strategy for consumer-focused, category-leading brands will not only add to our Board’s depth of expertise, but will also be integral in differentiating the guest experience at Chuy’s.” Jody Bilney commented, “I’ve long considered Chuy’s to be one of the most unique brands in the restaurant industry with its made-from-scratch food and drink offerings...

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Box and Dolby Transform Media in the Cloud

New Integration Provides Box Users Worldwide Access to Automated Audio Enhancement Tools Powered by Industry-Defining Dolby TechnologyBox with Dolby.ioBox, the leading Content Cloud, and Dolby, a leader in immersive entertainment experiences, announced a new integration that makes production-quality audio as simple as uploading a file to Box.REDWOOD CITY, Calif. and SAN FRANCISCO, May 03, 2021 (GLOBE NEWSWIRE) — Box, Inc. (NYSE:BOX), the leading Content Cloud, and Dolby Laboratories, Inc. (NYSE:DLB), a leader in immersive entertainment experiences, announced a new integration that makes production-quality audio as simple as uploading a file to Box. With Dolby.io, companies using Box can offer their users seamless and cost-effective audio enhancement tools that leverage Dolby’s decades of expertise enabling best-in-class...

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CPI Aerostructures Receives Follow-On Order From Spirit AeroSystems for CH-53K Cabin Rack Assemblies

Firm Orders Now Total Approximately $3.6 Million EDGEWOOD, N.Y., May 03, 2021 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it was awarded a follow-on order for nearly $1 million from Spirit AeroSystems (NYSE: SPR) to manufacture cabin rack assemblies for new production CH-53K King Stallion Helicopters, built by Sikorsky Aircraft. Deliveries are scheduled for 2022. Including this new order, total orders from Spirit AeroSystems for CH-53K assemblies now total approximately $3.6 million. CPI Aero president and CEO Douglas McCrosson stated, “CPI is proud to be the single source supplier of these assemblies for the CH-53K King Stallion. The USMC is looking to complete Initial Operational Test & Evaluation (IOT&E) and declare Initial Operational Capability (IOC) for the...

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Align Technology Announces $100 Million Accelerated Stock Repurchase Program

TEMPE, Ariz., May 03, 2021 (GLOBE NEWSWIRE) — Align Technology, Inc. (“Align”) (Nasdaq: ALGN) today announced that it has entered into an accelerated stock repurchase agreement (“ASR”) with Goldman Sachs & Co LLC, to repurchase $100 million of Align’s common stock to complete its $600 million stock repurchase program announced on May 23, 2018.  Under the terms of the ASR, Align will receive an initial delivery of approximately 134,300 shares. The final number of shares to be repurchased will be based on Align’s volume-weighted average stock price during the term of the ASR, less an agreed upon discount. The ASR transaction is expected to be completed by August 2021 and will be funded with Align’s cash on hand. As of March 31, 2021, Align had approximately 79.1 million shares outstanding and $1.1 billion...

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