Day: August 25, 2021

Emergent BioSolutions’ COVID-19 Human Immune Globulin Product Candidate to be Evaluated in NIH-Sponsored Phase 3 Clinical Trial (INSIGHT-012) of Hyperimmune Intravenous Immunoglobulin for Outpatient Treatment of COVID-19

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

NIAID has initiated a Phase 3 clinical trial to evaluate the efficacy and safety of hyperimmune globulin products, including Emergent’s COVID-19 Human Immune Globulin (COVID-HIG), for potential treatment of COVID-19 in adult patients at risk of progression to severe diseaseGAITHERSBURG, Md., Aug. 25, 2021 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE:EBS) today announced the initiation of a Phase 3 clinical trial that will evaluate its investigational SARS-CoV-2 Immune Globulin Intravenous (Human) (COVID-HIG) plasma-derived therapy as a potential outpatient treatment for patients with coronavirus disease (COVID-19) that are at high risk of progression to severe disease, including adults 55 and older and those 18 and older who are immunocompromised. The INSIGHT-012 clinical study called “Outpatient Treatment with Anti-Coronavirus...

Human Immunodeficiency Virus Treatment Market Report 2021-2028 | Size, Share, Growth, Trends, Competitive Landscape, Revenue, Forecast Analysis

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

Key players covered in the Global Global Human Immunodeficiency Virus Treatment Market Research Report are: GlaxoSmithKline plc. , Abbott, ViiV Healthcare, Pfizer Inc., Sanofi, Gilead Sciences, Inc., Novartis AG, Bristol-Myers Squibb Company Pune, India, Aug. 25, 2021 (GLOBE NEWSWIRE) — Global Human Immunodeficiency Virus (HIV) Treatment Market Size, Share and Global Trend By Drug Class (Non-nucleoside reverse transcriptase inhibitors (NNRTIs), Nucleoside and nucleotide reverse transcriptase inhibitors (NRTIs), Protease Inhibitors (PIs), Integrase Inhibitor, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies) and Geography Forecast till 2026”, Fortune Business Insights incorporates a fine analysis of this fledgling market. In the report is also contained a comprehensive assessment of various factors and regional...

Viomi Technology Co., Ltd Reports Second Quarter 2021 Unaudited Financial Results

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

Gross margin recovered to 21.2% from 14.3% a year ago Net income attributable to ordinary shareholders increased significantly, by 367.4% year-over-year GUANGZHOU, China, Aug. 25, 2021 (GLOBE NEWSWIRE) — Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading IoT @ Home technology company in China, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial and Operating HighlightsNet revenues reached RMB1,658.9 million (US$256.9 million), compared to RMB1,684.4 million for the second quarter of 2020. Gross margin was 21.2%, compared to 14.3% for the second quarter of 2020. Net income attributable to ordinary shareholders of the Company increased by 367.4% to RMB46.1 million (US$7.1 million) from RMB9.9 million for the second quarter of 2020. Non-GAAP...

EHang Reports Second Quarter 2021 Unaudited Financial Results

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

• Achieved Record High Quarterly Gross Margin Again• EHang 216 AAV’s CAAC Type Certification Process Prioritized• Released VT-30 Long-Range Passenger-grade AAV• Completed EHang 216F’s Technical Examination for Commercialization• Commenced Operations of New Yunfu Production Facility GUANGZHOU, China, Aug. 25, 2021 (GLOBE NEWSWIRE) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial and Operational HighlightsTotal revenues were RMB12.2 million (US$1.9 million), down 65.9% year over year. The decrease was mainly due to the strategic transition into a more operation platform-oriented model.Gross margin...

Novosense Selects Tower Semiconductor for Volume Manufacturing of their Magnetic Sensor for the Automotive On-board Charger Market

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

Addressing the ~$1.6 billion magnetic hall sensor IC market; utilizing Tower’s best-in-class 180nm Analog Platform MIGDAL HAEMEK, Israel, and SUZHOU, China, – August 25, 2021 – Novosense, a professional supplier of automotive semiconductor solutions in China, and Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced the development of hall sensor for the automotive market utilizing Tower’s best-in-class 180nm analog platform. The new product will be integrated in an On-Board Charging (OBC) unit in plug-in hybrid and battery-operated electric vehicles, a market expected to reach ~30M cars worldwide by 2024. The product...

Cassava Sciences Responds to Allegations

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

AUSTIN, Texas, Aug. 25, 2021 (GLOBE NEWSWIRE) — Cassava Sciences, Inc. (Nasdaq: SAVA), a biotechnology company focused on Alzheimer’s disease, today issued a response to claims that were posted on-line yesterday after market hours. Cassava Sciences believes the claims made in this post regarding scientific integrity are false and misleading. The Company stands behind its science, its scientists and its scientific collaborators, and is responding to ensure the facts are known and respected. “As a science company, we champion facts that can be evaluated and verified,” said Remi Barbier, President & CEO. “This helps people make informed choices. It is important for stakeholders to separate fact from fiction, which is why we wish to address allegations head-on.” Fiction: Biomarker data is generated by Cassava Sciences or its...

Armada Hoffler Properties Acquires Overlook Village and Greenbrier Square

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

VIRGINIA BEACH, Va., Aug. 25, 2021 (GLOBE NEWSWIRE) — Armada Hoffler Properties, Inc. (NYSE: AHH) announced that it has completed the off-market acquisition of two high-volume retail centers; Overlook Village in Asheville, North Carolina for $28.35 million and Greenbrier Square in Chesapeake, Virginia for $36.5 million. Currently, Overlook Village is 100% occupied, while Greenbrier Square is 95.4% occupied with one value-add opportunity. Overlook Village is located in the desirable and high barrier-to-entry area of Asheville, adjacent to Whole Foods and Asheville Mall. The center is anchored by T.J.Maxx, HomeGoods, Ross Dress for Less, and Five Below. “Overlook Village’s T.J.Maxx is the most visited of the brand in the state of North Carolina,” said Louis Haddad, President & CEO of Armada Hoffler Properties. “Similarly, the...

EHang Reports First Quarter 2021 Unaudited Financial Results

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

– Achieved Quarterly Positive Operating Cash Flow Again– Maintained High Quarterly Gross Margin GUANGZHOU, China, Aug. 25, 2021 (GLOBE NEWSWIRE) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Financial and Operational HighlightsTotal revenues were RMB23.0 million (US$3.5 million), up 22.1% year-over-year, with growth mainly in air mobility solutions. Revenues from air mobility solutions contributed 98.4% of the total revenues in the first quarter of 2021.Gross margin was 63.2%, an increase of 3.9 percentage points year-over-year, driven by continuous optimization of cost structure of air mobility products...

Photronics Reports Third Quarter Fiscal 2021 Results

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

Revenue was a record $170.6 million, up 7% sequentially and 8% year-over-yearNet income attributable to Photronics, Inc. shareholders was $17.1 million, or $0.28 per diluted share, and includes a gain on the sale of a fixed asset of $3.5 million, or $0.06 per diluted share Cash provided by operating activities was $54.9 million, capex was $18.8 million, share repurchases were $12.5 million, and ending cash balance was $283.2 million Fourth quarter 2021 guidance: revenue between $171 and $179 million with diluted EPS between $0.21 and $0.29BROOKFIELD, Conn., Aug. 25, 2021 (GLOBE NEWSWIRE) — Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its fiscal 2021 third quarter ended August 1, 2021. Third quarter revenue was $170.6 million, up 7% compared...

Mag Wangsuwana Named CFO of CalPrivate Bank and Private Bancorp of America

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

LA JOLLA, Calif., Aug. 25, 2021 (GLOBE NEWSWIRE) — Private Bancorp of America, Inc. (OTCQX: PBAM) (“Company”) and CalPrivate Bank (“Bank”) President & CEO Rick Sowers announced today that Mag Wangsuwana was appointed Executive Vice President and Chief Financial Officer of both the Company and Bank effective August 23, 2021. “Mag is a proven finance and accounting professional with strong strategic acumen. He is a proven leader who possesses the skills to help us get to the next level and continue our growth trajectory. We are excited to have him join the team.” Sowers continued, “We would also like to thank Richard Pimentel for his many contributions over the past years, and wish him all the best.” Mag Wangsuwana brings with him over 25 years of financial services experience. Prior to joining the Company and Bank, Mag most...

Day: August 25, 2021

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