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Day: June 28, 2021

180 Life Sciences Joins Russell Microcap® Index

MENLO PARK, Calif., June 28, 2021 (GLOBE NEWSWIRE) — 180 Life Sciences Corp. (NASDAQ: ATNF) (“180 Life Sciences” or the “Company”), a clinical-stage biotechnology company focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain, announced today that it has joined the Russell Microcap® Index, effective after the U.S. market opens today, June 28. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Dr. James Woody, 180 Life Sciences Chief Executive Officer, stated, “The Russell indexes are widely used investment benchmarks for index funds and...

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Minera IRL Announces Updated Resources and Mine Life Extension for the Corihuarmi Gold Mine

LIMA, Peru, June 28, 2021 (GLOBE NEWSWIRE) — Minera IRL Limited (“Minera” or the “Company”) (BVL:MIRL) (CSE:MIRL), is pleased to announce the results of an updated Mineral Resource Estimate (“2021 MRE”) for its Corihuarmi Gold Mine (“Corihuarmi”) located in central Peru. The 2021 MRE, which was compiled and completed by consulting firm Mining Plus in accordance with the requirements of National Instrument 43-101 (“NI 43-101”), confirms the existence of sufficient resources to extend the life of mine (“LOM”) at Corihuarmi to August 2024, including measured and indicated resources totalling 13.8 million tonnes at an average grade of 0.21 grams per tonne (“g/t”). Diego Benavides, CEO of Minera IRL Limited, stated: “This is great news for us, as Corihuarmi – which, by the way, translates from Quechua into English as ‘the Golden Woman’...

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Catalyst Pharmaceuticals Announces Exclusive License and Supply Agreement with DyDo Pharma for the Development and Commercialization of Firdapse® in Japan

CORAL GABLES, Fla., June 28, 2021 (GLOBE NEWSWIRE) — Catalyst Pharmaceuticals, Inc. (“Catalyst”) (Nasdaq: CPRX), a commercial-stage, patient-centric biopharmaceutical company focused on in-licensing, developing and commercializing novel high-quality medicines for patients living with rare diseases, today announced that it has entered into an exclusive license and supply agreement with DyDo Pharma, Inc. (“DyDo Pharma”) for the development and commercialization of Firdapse® (amifampridine) Tablets 10 mg in Japan for the treatment of Lambert-Eaton myasthenic syndrome (“LEMS”). LEMS is a rare autoimmune neuromuscular disorder characterized by debilitating and progressive muscle weakness and fatigue. Under the terms of the agreement, DyDo Pharma will have joint rights to develop Firdapse® (amifampridine phosphate), and exclusive...

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ESPERION Appoints JoAnne Micale Foody, MD, FACC, FAHA as Chief Medical Officer

– Expansion of management team with proven leader in cardiovascular disease supports advancement of CLEAR Outcomes trial and ESPERION therapeutic pipeline – ANN ARBOR, Mich., June 28, 2021 (GLOBE NEWSWIRE) — ESPERION (NASDAQ: ESPR), today announced the appointment of JoAnne Micale Foody, MD, FACC, FAHA as Chief Medical Officer, effective immediately. She will serve as a member of the executive team and report to Sheldon Koenig, President and Chief Executive Officer. Dr. Foody brings more than 20 years of experience in academic and preventive cardiology to ESPERION. “Dr. Foody is a global expert with extensive clinical and medical experience in preventive cardiology, global medical development and medical affairs, which adds greatly to the depth of our management team,” said Sheldon Koenig, President and Chief Executive Officer...

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Loncor Gold Announces Private Placement Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 28, 2021 (GLOBE NEWSWIRE) — Loncor Gold Inc. (“Loncor” or the “Company“) (TSX: “LN”; OTCQX: “LONCF”; FSE: “LO51”) is pleased to announce a non-brokered private placement of up to 7,000,000 units of the Company (the “Units“) at a price of Cdn$0.70 per Unit for gross proceeds of up to Cdn$4,900,000 (the “Financing“). Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant“) of the Company, with each Warrant entitling the holder thereof to acquire one common share of the Company at an exercise price of Cdn$0.95 for a period of 12...

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Inovalon Announces Appointment of Eron S. Kelly as Corporate President

Seasoned Executive Focused on Global Cloud Business Growth at Amazon and Microsoft Joins Inovalon BOWIE, Md., June 28, 2021 (GLOBE NEWSWIRE) — Inovalon (Nasdaq: INOV), a leading provider of cloud-based platforms empowering data-driven healthcare, today announced the appointment of Eron S. Kelly as its Corporate President. Mr. Kelly brings more than 20 years of experience in global software and cloud-based technology growth as a seasoned executive leader at Amazon and Microsoft. As Inovalon’s Corporate President, Mr. Kelly will be responsible for the management, operation, and results of the Company’s multiple business units, their respective growth, product offerings, value achievement, and performance, as well as related support of customer and strategic relationships, total customer experience, and industry leadership. “Eron...

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Tempest Closes Merger with Millendo and Completes PIPE Financing

SOUTH SAN FRANCISCO, Calif., June 28, 2021 (GLOBE NEWSWIRE) — Tempest Therapeutics, Inc. (Nasdaq: TPST) (“Tempest”), a clinical-stage oncology company developing potentially first-in-class therapeutics that combine both targeted and immune-mediated mechanisms, announced today the closing of its merger with Millendo Therapeutics, Inc. (“Millendo”). Tempest’s stock will commence trading on June 28, 2021 on the Nasdaq Global Select Market under the trading symbol “TPST.” In support of the merger, Tempest secured investments from a premier syndicate of healthcare investors composed of Versant Ventures, Rock Springs Capital, F-Prime Capital, Monashee Investment Management, Quan Capital, Lyfe Capital, Maven Investment Partners US, Lilly Asia Ventures and Eight Roads Ventures for a $30 million PIPE financing that closed concurrent with...

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Automotive Industry to grow 185 Million Units by 2027 – Report by Market Research Future (MRFR)

New York, June 28, 2021 (GLOBE NEWSWIRE) — Automotive Industry Overview: According to a comprehensive research report by Market Research Future (MRFR), “Automotive Market Research – By Vehicle Type (Passenger Cars, Commercial Vehicle) and Region – Global Report Forecast till 2027” the automotive industry market value can grow from 110 Million Units in 2019 to 185 Million Units by 2027. Market Scope The automobile industry is driven by the production and sale of self-powered vehicles, including passenger cars, trucks, buses, and other commercial vehicles. The automobiles enable the consumers to commute long distances for work, shopping, and entertainment. The development of roads, increasing standard of living, increasing middle class population in developing regions, are the factors driving the automotive industry sector. On...

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CloudMD Announces Closing of Oncidium Acquisition and Secures Credit Facilities of up to $62 Million

Oncidium is one of Canada’s leading health management companies with a loyal client base of over 500 corporate and public sector clients across various industries Strategic tuck-in acquisition increases Oncidium’s annualized revenue run rate to $54 million with strong baseline growth of blue-chip customers Award-winning technology platform used for workflow management and health care provider engagement Rounds out holistic employer health approach with additional occupational health and onsite medical management solutions The acquisition is funded by a combination of cash on hand, CloudMD shares, and new credit facilities of up to $62 million CloudMD’s overall annualized revenue run rate will be approximately $140 million, with approximately $55 million of cash on hand   VANCOUVER, British Columbia, June 28, 2021 (GLOBE NEWSWIRE)...

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LexaGene Engages LaVoieHealthScience as Integrated Investor and Public Relations Agency of Record

BEVERLY, Mass., June 28, 2021 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (OTCQB: LXXGF; TSX-V: LXG), (the “Company”), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, is pleased to announce it has retained LaVoieHealthScience (LHS) as its investor and public relations (IR and PR) agency of record. LHS will work side-by-side with LexaGene’s senior management, marketing, and financial teams to implement a comprehensive suite of IR and PR services and counsel to help the Company gain visibility among the investment community, as it charts a course toward a potential up-listing to the Nasdaq Stock Market in the United States. LHS is a strategic, integrated communications firm with a keen focus on helping life science and medical technology companies solve complex communications challenges....

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