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Month: May 2021

Olink to present at the Goldman Sachs 42nd Annual Global Healthcare Conference

UPPSALA, Sweden, May 25, 2021 (GLOBE NEWSWIRE) — Olink Holding AB (publ) (“Olink”) (Nasdaq: OLK) today announced that it will be participating in the Goldman Sachs 42nd Annual Global Healthcare Conference. Jon Heimer, CEO and Oskar Hjelm, CFO are scheduled to participate in a virtual fireside chat on Wednesday, June 9th, 2021 at 8:50 a.m. ET.  A live and archived webcast will be available on the “Investors” section of the Olink website at investors.olink.com/investor-relations. About Olink Olink Holding AB (Nasdaq: OLK) is a company dedicated to accelerating proteomics together with the scientific community, across multiple disease areas to enable new discoveries and improve the lives of patients. Olink provides a platform of products and services which are deployed across major biopharmaceutical companies and leading clinical...

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21Vianet Group, Inc. Reports Unaudited First Quarter 2021 Financial Results

BEIJING, May 25, 2021 (GLOBE NEWSWIRE) — 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. The Company will hold a conference call at 8:00 P.M. on Tuesday, May 25, 2021, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release. First Quarter 2021 Financial HighlightsNet revenues increased by 27.1% to RMB1.39 billion (US$211.7 million) from RMB1.09 billion in the same period of 2020. Adjusted cash gross profit (non-GAAP) increased by 45.1% to RMB605.3 million (US$92.4 million) from RMB417.1 million in the same period of 2020. Adjusted cash gross margin (non-GAAP)...

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Ed McKay appointed as Executive Vice President and Chief Operating Officer for Shenandoah Telecommunications Company

EDINBURG, Va., May 25, 2021 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (“Shentel” or the “Company”) (NASDAQ:SHEN) announced today that Edward “Ed” H. McKay will be appointed to the role of Executive Vice President and Chief Operating Officer. Mr. McKay will be responsible for the leadership of the Company’s entire integrated broadband business, including Shentel Cable, Shentel Business, Glo Fiber and Beam brands, and the Company’s tower portfolio. Mr. McKay is a twenty-five year veteran of the telecommunications industry, with the past seventeen years as part of Shentel’s management team. He most recently served the Company as Senior Vice President, Engineering & Operations, where he has been responsible for delivering on Shentel’s growth strategy for fiber and fixed wireless broadband businesses, while also...

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Ashland announces strategic review of its performance adhesives business unit and enhanced focus on growth in high-value ingredients portfolio

WILMINGTON, Del., May 25, 2021 (GLOBE NEWSWIRE) — Ashland Global Holdings Inc. (NYSE: ASH), today announced a strategic review of its performance adhesives business unit. Ashland intends to evaluate all options with respect to the business unit, including a potential sale. The decision is consistent with the company’s strategy to grow its integrated additive ingredients portfolio focused on its leadership positions in its core pharma, personal care, and coatings businesses. “Ashland’s performance adhesives business unit has demonstrated exceptional financial performance with a strong and dedicated business team who excel at solutions in key niche markets,” said Guillermo Novo, chairman and chief executive officer, Ashland. “The business has valuable products with differentiating performance for customers across a variety of applications...

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Olink to present at the Goldman Sachs 42nd Annual Global Healthcare Conference

UPPSALA, Sweden, May 25, 2021 (GLOBE NEWSWIRE) — Olink Holding AB (publ) (“Olink”) (Nasdaq: OLK) today announced that it will be participating in the Goldman Sachs 42nd Annual Global Healthcare Conference. Jon Heimer, CEO and Oskar Hjelm, CFO are scheduled to participate in a virtual fireside chat on Wednesday, June 9th, 2021 at 8:50 a.m. ET.   A live and archived webcast will be available on the “Investors” section of the Olink website at investors.olink.com/investor-relations. About OlinkOlink Holding AB (Nasdaq: OLK) is a company dedicated to accelerating proteomics together with the scientific community, across multiple disease areas to enable new discoveries and improve the lives of patients. Olink provides a platform of products and services which are deployed across major biopharmaceutical companies and leading clinical...

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Sinovant Sciences and Nabriva Therapeutics Announce Positive Topline Results from Phase 3 Trial of Lefamulin in Chinese Adults with Community Acquired Bacterial Pneumonia (CABP)

Lefamulin was shown to be non-inferior to moxifloxacin, with 76.8% of lefamulin-treated patients meeting the efficacy endpoint of Investigator Assessment of Clinical Response (IACR) at Test of Cure (TOC), compared to 71.4% of patients treated with moxifloxacin Lefamulin was generally safe and well-tolerated in Chinese adults Greater Chinese rights to lefamulin will be held by Sumitomo Pharmaceuticals (Suzhou) Co., Ltd., a wholly-owned subsidiary of Sumitomo Dainippon Pharma Co., Ltd.HONG KONG, SHANGHAI, China, SUZHOU, China and DUBLIN, Ireland, May 25, 2021 (GLOBE NEWSWIRE) — Sinovant Sciences, a Chinese biopharmaceutical company dedicated to conducting innovative biomedical R&D in China, and Nabriva Therapeutics (NASDAQ: NBRV), a biopharmaceutical company engaged in the commercialization and development of innovative anti-infective...

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Physical Rehabilitation Network Acquires California-Based Rocklin Physical Therapy

Carlsbad, Calif., May 25, 2021 (GLOBE NEWSWIRE) — Physical Rehabilitation Network (PRN), a leading physical therapy provider and practice management organization, today announced further expansion in California and its first-ever clinic in Sacramento, with its acquisition of Rocklin Physical Therapy, Inc. The addition of Rocklin Physical Therapy elevates PRN’s California footprint to 51 clinics and national clinic count to 156 locations. Under this new partnership, PRN will acquire Rocklin Physical Therapy’s sole outpatient physical therapy clinic, which boasts a spacious 6,000 square foot treatment area. Rocklin’s team of experts provide a combination of traditional and highly specialized physical therapy services ranging from manual therapy, orthopedic care, and sports injury management to worksite injury prevention and management.  “We...

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T2 Biosystems Reminds Stockholders to Vote at the Upcoming Annual Meeting

LEXINGTON, Mass., May 25, 2021 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens, today reminded stockholders to vote at the upcoming 2021 Annual Meeting of Stockholders to be held on June 25, 2021. The T2 Biosystems Board of Directors unanimously supports each stockholder proposal on the proxy and encourages all stockholders to vote for these proposals. The Company’s President and CEO, John Sperzel, has released a statement communicating to stockholders the importance of the proposals and their potential impact on the Company. The video statement can be found on the Investor Relations section of the Company’s website at investors.t2biosystems.com. T2 Biosystems, Inc. will be holding its Annual Meeting virtually on June 25, 2021 at 9:00 a.m. Eastern Time at www.virtualshareholdermeeting.com/TTOO2021....

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Wolverine Worldwide Announces International and Sperry Leadership Appointments

Isabel SorianoIsabel SorianoKatherine CousinsKatherine CousinsROCKFORD, Mich., May 25, 2021 (GLOBE NEWSWIRE) — Wolverine World Wide, Inc. (NYSE:WWW), which operates one of the world’s largest global portfolios of footwear and lifestyle brands, today announced the appointment of Isabel Soriano as President of International, and Katherine Cousins as Global Brand President of Sperry®. Company and industry veteran Soriano promoted to Executive Leadership Team to help expand international growth Soriano joined Wolverine Worldwide in 2018 as Vice President and Managing Director of EMEA, responsible for leading all Company brands in the region, including Merrell®, Saucony®, Sperry®, Cat Footwear®, Hush Puppies®, and Keds®. With her promotion to President of International, Soriano will now oversee all...

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Western New England Bancorp, Inc. Announces Completion of 2020 Repurchase Plan

WESTFIELD, Mass., May 25, 2021 (GLOBE NEWSWIRE) — Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced the completion of its current stock repurchase plan (the “2020 Plan”) on May 20, 2021, previously announced on October 27, 2020. In connection with the 2020 Plan, the Company repurchased a total of 1.3 million shares, or approximately 5% of its outstanding common stock. On April 27, 2021, the Board of Directors authorized a stock repurchase plan (the “2021 Plan”), pursuant to which the Company may repurchase up to 2.4 million shares, or approximately 10%, of the Company’s outstanding shares, upon the completion of the 2020 Plan. “We are pleased to announce the completion of the 2020 Plan. The Board of Directors and management continue to believe...

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