Month: May 2021

ME2C® Environmental Announces Court Approval to Proceed with Litigation Claims Against Refined Coal Entities

Written by Customer Service on May 25, 2021. Posted in Public Companies.

Response from the U.S District Court in Delaware Allows Litigation Proceedings to Move Forward CORSICANA, TX, May 25, 2021 (GLOBE NEWSWIRE) — Midwest Energy Emissions Corp. (OTCQB: MEEC) (“ME2C Environmental” or the “Company”), a leading environmental technologies firm, announced today that on May 20, 2021, a U.S. District Court Magistrate Judge for the District of Delaware issued a Report and Recommendation that the pending patent litigation commenced in 2019 should be allowed to move forward against 16 key refined coal process defendants named in such lawsuit. “We are extremely pleased with the Court’s recommendation against those entities whom we believe have been infringing on our patented mercury capture technologies since the inception of the refined coal program,” said Richard MacPherson, CEO of ME2C Environmental....

Hamilton Thorne Reports Financial and Operational Results for the Quarter-Ended March 31, 2021

Written by Customer Service on May 25, 2021. Posted in Earnings Releases And Operating Results.

Revenues up 11% to $11.5 million; Adjusted EBITDA up 27% to $2.3 million BEVERLY, Mass. and TORONTO, May 25, 2021 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd. (TSX-V:HTL), a leading provider of precision instruments, consumables, software and services to the Assisted Reproductive Technologies (ART), research, and cell biology markets, today reported financial and operational results for the quarter-ended March 31, 2021. HighlightsSales in USD increased 11% year over year to $11.5 million; organic growth up 11% Gross profit increased 13% year over year to $5.9 million Net income increased 495% to $866 thousand Adjusted EBITDA increased 27% year over year to $2.3 million Sales increased 5% in constant currency; organic constant currency growth up 5% Cash flow from operations was $1.5 million for the quarter, up 111%; total cash at March...

Golden Star Enterprises Ltd. Announces Acquisition and Introduces New Corporate Mandate

Written by Customer Service on May 25, 2021. Posted in Mergers And Acquisitions.

Claymont, DE, May 25, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Golden Star Enterprises Ltd. (OTCPink: GSPT) reports it has recently completed a change in management and has shifted its operational focus going forward. Previously, the cornerstone of the operations of Golden Star Enterprises was drone technology. The current management of GSPT has determined to change its corporate direction, ceasing operations in the drone space and introducing a new corporate mandate. “Our goal for GSPT is to provide an accelerator hub for cutting-edge tech companies,” said Mr. Eliav Kling, Golden Star Enterprises CEO. “We would like to be able to serve as a holding company for a series of operating entities with complementary business models, all under the Golden Star Enterprises umbrella.” To further the Company’s new corporate focus,...

Rain Therapeutics Reports First Quarter 2021 Financial Results and Highlights Recent Progress

Written by Customer Service on May 25, 2021. Posted in Earnings Releases And Operating Results.

Completed initial public offering (“IPO”) with net proceeds of $121.9 million Key appointments to the leadership team, board of directors and scientific advisory board Planned Phase 3 trial initiation in 2H 2021 for RAIN-32 in well-differentiated (“WD”)/de-differentiated (“DD”) liposarcoma Planned initiation of an open-label MDM2-amplified tumor-agnostic Phase 2 basket trial for RAIN-32 in 2H 2021 NEWARK, Calif., May 25, 2021 (GLOBE NEWSWIRE) — Rain Therapeutics Inc. (“Rain”), a clinical-stage company developing precision oncology therapeutics, today reports financial results for the first quarter that ended March 31, 2021, along with an update on the company’s key developments, business operations and upcoming milestones. “We are thrilled with the progress made so far this year, which...

Nokia launches world’s first AI use case library on public cloud for telecoms providers

Written by Customer Service on May 25, 2021. Posted in Public Companies.

Press Release Nokia launches world’s first AI use case library on public cloud for telecoms providersNokia’s AVA AI use case library is now delivered as a service on Microsoft Azure’s public cloud, combining telco grade security and instant web scale architecture scalability. Accelerates communication service providers (CSPs) digital transformation, increases efficiency, reduces energy consumption and improves customer experience. CSPs around the world can now inject AI into their networks nine times faster compared to using private cloud.25th of May 2021 Espoo, Finland – Nokia today announced the world’s first deployment of multiple AI use cases delivered over public cloud, through collaboration with Microsoft. By integrating Nokia’s security framework with Microsoft Azure’s digital architecture, communications service providers...

PharmaTher Files for FDA Orphan Drug Designation for Ketamine to Treat Lou Gehrig’s Disease

Written by Customer Service on May 25, 2021. Posted in Public Companies.

TORONTO, May 25, 2021 (GLOBE NEWSWIRE) — PharmaTher Holdings Ltd. (the “Company” or “PharmaTher”) (OTCQB: PHRRF) (CSE: PHRM), a clinical-stage psychedelics biotech company, is pleased to announce that it has filed an application with the U.S. Food and Drug Administration (“FDA”) to receive Orphan Drug Designation (“ODD”) for ketamine to treat amyotrophic lateral sclerosis (“ALS”), also known as Lou Gehrig’s disease. ALS is a progressive neuromuscular disease with a life expectancy of only two to six years after diagnosis. Currently, there is no known cure for ALS. ALS affects approximately 50,000 people in the U.S. and Europe, with over 5,000 new cases diagnosed annually. As ALS advances, upper and lower motor neurons die, causing the brain to lose its ability to control muscle movement. ALS patients experience progressive...

Motus GI’s Pure-Vu System® Adopted by Sinai Hospital of Baltimore

Written by Customer Service on May 25, 2021. Posted in Public Companies.

Implementation of the Pure-Vu System is designed to improve efficiencies and outcomes of GI endoscopy procedures FORT LAUDERDALE, Fla., May 25, 2021 (GLOBE NEWSWIRE) — Motus GI Holdings, Inc., (NASDAQ: MOTS) (“Motus GI” or the “Company”), a medical technology company providing endoscopy solutions that improve clinical outcomes and enhance the cost-efficiency associated with the diagnosis and management of gastrointestinal conditions, announced today that Sinai Hospital of Baltimore, a LifeBridge Health center, will move ahead with fully adopting the Pure-Vu® System with the aim of improving efficiencies and clinical outcomes of inpatient colonoscopy procedures for patients who present with inadequate bowel preparation. Sinai Hospital, a nonprofit teaching hospital with renowned Centers of Excellence, is...

CLA Advises Haen Meat Packing, Inc. on Sale to The Meat Block

Written by Customer Service on May 25, 2021. Posted in Mergers And Acquisitions.

The owners of Haen Meat Packing, Inc. turned to CLA’s investment banking team to serve as their advisor when discussions with The Meat Block began to gain momentum. Appleton, Wis., May 25, 2021 (GLOBE NEWSWIRE) — Haen Meat Packing, Inc. (“Haen Meats” or “the Company”), a premier full-service meat processor and retailer, has been acquired by Greenville, Wisconsin-based The Meat Block (“TMB”). CLA’s investment banking team served as the exclusive financial advisor to Haen Meats on the transaction. The transaction was closed on February 26, 2021. Price and terms were not disclosed. Haen Meats is a second-generation establishment founded in 1959. The Company features the finest meat cuts, a large selection of cured and smoked meats, and sausage products made from family-owned recipes. The Company has earned more than 370 state and...

Victory Square Technologies Launches DiscreetCare – a Full-Service Web App for the Treatment of Sensitive & Delicate Medical Issues

Written by Customer Service on May 25, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, May 25, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) announces the launch of DiscreetCare (https://discreetcare.com/) across the United States, as part of its multi-phase expansion into the rapidly growing Telehealth category. Phase 1 of the DiscreetCare.com web app focuses on treating Hair Loss, Erectile Dysfunction, Premature Ejaculation, Genital Herpes, Cold Sores, Acne, and Bladder Control issues. Phase 2, launching later this year, will offer at-home testing for STDs, Testosterone and Fertility; as well as treatment for a broader range of sensitive medical issues. Victory Square Technologies CEO, Shafin Diamond Tejani said, “The vision for DiscreetCare is to be a one-stop provider for what many consider...

Inovalon Receives Key Patent Award for On-Demand Real-Time Patient-Specific Data Aggregation and Analysis

Written by Customer Service on May 25, 2021. Posted in Public Companies.

Significant IP Award Highlighting Inovalon’s Industry-Leading Technology BOWIE, Md., May 25, 2021 (GLOBE NEWSWIRE) — Inovalon (NASDAQ: INOV), a leading provider of cloud-based platforms empowering data-driven healthcare, today announced that it has been awarded a significant patent for its capability to aggregate healthcare data from across the healthcare ecosystem, apply requested analytics, and make the results available on demand in real time. U.S. Patent No. 11,011,256, for the “Systems and Method for Providing an On-Demand Real-Time Patient-Specific Data Analysis Computing Platform” adds to Inovalon’s portfolio of intellectual property protection as the Company continues to bring industry-leading innovation and capabilities to the marketplace for its customers and the individuals they serve. The capabilities covered under...

Month: May 2021

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