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Month: July 2021

TGS Q2 2021 Earnings Update

OSLO, Norway (8 July 2021) – Based on preliminary reporting from operating units, TGS management expects net IFRS revenues* for the second quarter of 2021 to be approximately USD 65 million, compared to USD 66 million in Q2 2020. Net segment revenues* are expected to be approximately USD 54 million, compared to USD 96 million in Q2 2020. Kristian Johansen, CEO at TGS, commented: “As described in the Q1 2021 report, the market conditions for multi-client seismic data continues to be very challenging, and there are no signs of substantial improvements in the near-term. However, based on dialogue with our largest customers we remain confident that we will ultimately see a recovery of the market. Meanwhile, our asset-light business model, robust balance sheet and strong cash flow enable us to take advantage of strategic opportunities,...

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Molecular Partners Reports Continued Progress of Ensovibep Global Clinical Program; Positive in vitro Data Demonstrating Maintained Inhibition of Delta and All Other Known Variants of Concern of SARS-CoV-2

Ensovibep maintains potency in an in vitro assay and demonstrated full inhibition of all newly emerging known variants of concern, including the Delta variants of concern EMPATHY Phase 2/3 trial enrolling ambulatory patients in 5 countries with more countries to be added in the coming months, with interim data expected in H2 2021 and full topline data expected in early 2022 ACTIV-3, a Phase 3 trial enrolling hospitalized patients across 4 countries with more countries expected to be added in the coming months, with topline data expected in 2022 Subcutaneous formulation on track for initiation of clinical trials in H2 2021ZURICH-SCHLIEREN, Switzerland, July 08, 2021 (GLOBE NEWSWIRE) — Ad hoc announcement pursuant to Art. 53 LR Molecular Partners AG (SIX: MOLN; NASDAQ: MOLN), a clinical-stage biotech company developing a new...

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Hyloris Announces Launch of Maxigesic® IV, a Novel Non-Opioid Pain Treatment, in Key European Markets

Marks first European launches of Maxigesic IV, a well-tolerated and effective non-opioid pain treatment          Liège, Belgium – 8 July 2021 – Hyloris Pharmaceuticals SA (Euronext Brussels: HYL), a specialty biopharma company committed to addressing unmet medical needs through reinventing existing medications, today announces that Maxigesic IV is now available in Germany, the largest European pharmaceutical market, and Austria. Maxigesic IV is a novel, patented, non-opioid treatment for post-operative pain and is a unique combination of 1000mg paracetamol and 300mg ibuprofen solution for infusion. Hyloris’ partner AFT Pharmaceuticals works together with distribution partners with strong local presence to commercialise the product globally. Maxigesic IV is currently licensed in more than 100 countries across the globe, and it has been...

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Video Analytics Market Worth $13,001.7 Million at 21.3% CAGR; Industry Giants Such as IBM and Cisco to Ramp up Investments to Develop Advanced Data-driven Video Solutions: Fortune Business Insights™

List of the Companies Profiled in the Market: Viseum International (Potters Bar, England), AllGoVision (Karnataka, India), Huawei Technologies Co., Ltd. (Shenzhen, China), Agent VI (New York, United States), Gorilla Technology Group (Taipei, Taiwan), Cisco Systems, Inc. (California, United States), IBM Corporation (New York, United States), Kiwisecurity (Vienna, Austria), Axis Communications AB (Lund, Sweden), Robert Bosch GmbH (Stuttgart, Germany), Honeywell International Inc. (Charlotte, United States), Motorola Solutions, Inc. (Avigilon Corporation) (Illinois, United States), ULTINOUS Zrt. (Budapest, Hungary) Viseum International (Potters Bar, England), AllGoVision (Karnataka, India), Huawei Technologies Co., Ltd. (Shenzhen, China), Agent VI (New York, United States), Gorilla Technology Group (Taipei, Taiwan), Pune, India, July 08,...

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Video on Demand Market to Reach $159.62 Billion by 2027; Presence of Several Large Scale Companies will Provide Impetus to Market Growth, says Fortune Business Insights™

Top Players in the global video on demand Market are Alphabet, Inc., Amazon Web Services, Inc., Apple, Inc., Catchplay, CinemaNow, Comcast Corporation, Eros International plc, Fandango Media, LLC, Filmdoo, Gulf DTH FZ LLC, Home Box Office, Inc., HOOQ, Icflix, Iflix, IndieFlix Group, Inc., Joyn GmbH, KWIKmotion, LeEco, Muvi LLC, Netflix, Inc., Rakuten, Inc., Roku, Inc., Tencent Video, Tving, Vivendi, VUDU, Inc., Walt Disney Company, Watcha Play, Youku Tudou, Inc. Pune, India, July 08, 2021 (GLOBE NEWSWIRE) — The global video on demand market size is projected to reach USD 159.62 billion by the end of 2027. The market was worth USD 53.96 billion in 2019 and will exhibit a CAGR of 14.8% during the forecast period, 2020-2027. The increasing smartphone penetration across the world will create several opportunities for market growth....

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PowerTap Completes Steam Methane Reformer Design

Picture 1Figure 1VANCOUVER, British Columbia and IRVINE, Calif., July 08, 2021 (GLOBE NEWSWIRE) — PowerTap Hydrogen Capital Corp. (NEO: MOVE)(FWB: 2K6)(OTC: MOTNF) (“PowerTap” or the “Company” or “MOVE”) is pleased to announce that its wholly-owned subsidiary, PowerTap Hydrogen Fueling Corp. (“PowerTap Fueling”) has completed the engineering design of the PowerTap Gen3 making significant improvements in its steam methane reformer (SMR) that increases the production of hydrogen, reduces feedstock requirements, and extends the life of the SMR. The design of the SMR remains subject to revisions, pending the successful manufacturing of a prototype that achieves all of the functionalities as intended. The diagram below illustrates the current design of the SMR. Specific innovations include:The improvement...

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Drilling Fluids Market to Reach USD 13.61 Billion by 2028 Owing to Increasing Investment in Development of Product Globally, says Fortune Business Insights™

Key companies covered in drilling fluids market are Schlumberger (U.S.), Halliburton (U.S.), Newpark (U.S.), Baker Hughes (U.S.), TETRA Technologies, Inc. (U.S.), Canadian Energy Services (Canada), NOV (U.S.), Secure Energy (Canada), Weatherford (U.S.), Q’Max Solutions Inc. (U.S.), Global Drilling Fluids and Chemical Limited (India), Sagemines, Scomi Group Bhd (Malaysia), Catalyst Middle East (Dubai), Flotek Industries, Inc. (U.S.) and others Pune, India, July 08, 2021 (GLOBE NEWSWIRE) — The global drilling fluids market size is expected to experience significant growth by reaching USD 13.61 billion by 2028. Fortune Business Insights, in its report titled “Drilling Fluids Market, 2021-2028.”, observes that the high demand for energy and the increasing investment in the development of advanced drill fluid chemicals is propelling...

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Vista Gold Corp. Increases Previously Announced Bought Deal Offering to $13.5 Million

DENVER, July 07, 2021 (GLOBE NEWSWIRE) — Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to announce that, due to demand, the underwriters have agreed to increase the size of the previously announced public offering and purchase on a firm commitment basis 12,272,730 units of the Company (the “Units”) at a public offering price of US$1.10 per Unit, less underwriting discounts and commissions, for aggregate gross proceeds of approximately US$13,500,000 (the “Offering”). Each Unit consists of one common share in the capital of the Company (each, a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will be exercisable immediately upon issuance for thirty six months and entitle the holder thereof to purchase one Common Share upon exercise...

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Magnite to Announce Second Quarter 2021 Financial Results on August 5, 2021

LOS ANGELES, July 07, 2021 (GLOBE NEWSWIRE) — Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, will announce its financial results for the quarter ended June 30, 2021 after the market close on Thursday, August 5, 2021. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook.Live conference call    Toll free number:   (844) 875-6911 (for domestic callers)Direct dial number:   (412) 902-6511 (for international callers)Passcode:   Ask to join the Magnite conference callSimultaneous audio webcast   http://investor.magnite.com, under “Events and Presentations”     Conference call replay    Toll Free number:   (877) 344-7529 (for domestic callers)Direct dial number:   (412) 317-0088 (for international callers)Passcode:   10158472Webcast...

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Apellis Announces Agreements to Exchange Approximately $198.6 Million in Principal Amount of Its 3.500% Convertible Senior Notes Due 2026 for Common Stock

WALTHAM, Mass., July 07, 2021 (GLOBE NEWSWIRE) — Apellis Pharmaceuticals, Inc. (Nasdaq:APLS), a global biopharmaceutical company and leader in targeted C3 therapies, today announced that it has entered into separate, privately negotiated exchange agreements with certain holders of its 3.500% Convertible Senior Notes due 2026 (the “Notes”). Under the terms of these exchange agreements, the holders have agreed to exchange with Apellis approximately $198.6 million in aggregate principal amount of Notes held by them for (i) 4,530,431 shares of Apellis’ common stock, which is equal to 22.8065 shares per $1,000 principal amount of Notes exchanged plus (ii) an additional number of shares of Apellis’ common stock per $1,000 principal amount of Notes exchanged equal to the quotient of (a) $449.64 divided by (b) the average of the daily...

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