Month: August 2021

PHILADELPHIA, Aug. 09, 2021 (GLOBE NEWSWIRE) — Hill International, Inc. (NYSE:HIL), delivering the infrastructure of change, announced today it was selected by the City of Philadelphia, Division of Aviation, to provide Capital Program Administration support services for the City’s ongoing Capital Program at Philadelphia International Airport (PHL). Hill has supported PHL’s Capital Program for more than 20 years, helping to manage and implement budgets, deliver cost efficiencies, maximize investments, and advance the City’s diversity goals. Hill’s services under the new contract will encompass end-to-end Capital Program services by assisting and managing the implementation of Capital projects. This includes capital budget development and implementation; financial governance and oversight; grants management services; program management...

SAN DIEGO, Aug. 09, 2021 (GLOBE NEWSWIRE) — Metacrine, Inc. (NASDAQ:MTCR), a clinical-stage biopharmaceutical company pioneering differentiated therapies for patients with liver and gastrointestinal diseases, today announced that Preston Klassen, M.D., MHS, president and chief executive officer, will present virtually at the 2021 Canaccord Genuity Growth Conference at 12:30 p.m. ET on Thursday, August 12, 2021. A live webcast of the presentation will be available at https://investors.metacrine.com/events-and-presentations.   A replay of the webcast will be archived for 90 days following the conference.   About Metacrine Metacrine, Inc. is a clinical-stage biopharmaceutical company building a pipeline of differentiated therapies to treat liver and gastrointestinal diseases. Metacrine has developed a proprietary farnesoid X receptor...

– Trial to Continue as Planned SAN DIEGO, Aug. 09, 2021 (GLOBE NEWSWIRE) —  TRACON Pharmaceuticals (NASDAQ: TCON), a clinical stage biopharmaceutical company focused on the development and commercialization of novel targeted cancer therapeutics and utilizing a cost efficient, CRO-independent product development platform to partner with ex-U.S. companies to develop and commercialize innovative products in the U.S., today announced that the Independent Data Monitoring Committee for the ENVASARC pivotal trial has recommended that the trial proceed as planned following the review of 12 week safety data from more than 20 patients enrolled into the trial as of May 2021. The safety data reviewed included data from more than 10 patients enrolled into cohort A of treatment with single agent envafolimab and more than 10 patients enrolled...

$200M received from BMS for anti-TIGIT bispecific antibody collaboration FDA cleared IND for AGEN1777 clinical enrollment AGEN1181 rapidly advancing in the clinic; data to be presented in 2H 2021 Cell therapy subsidiary MiNK Therapeutics filed confidential S-1 for planned IPO FDA accepted balstilimab BLA for Priority Review with December PDUFA dateLEXINGTON, Mass., Aug. 09, 2021 (GLOBE NEWSWIRE) — Agenus Inc. (NASDAQ: AGEN), an immuno-oncology company with an extensive pipeline of checkpoint antibodies, cell therapies, adjuvants, and vaccines designed to activate immune response to cancers and infections, today provided a corporate update and reported financial results for the second quarter of 2021. “In the first half of this year, we announced a collaboration with BMS and advanced our flagship clinical candidate AGEN1181 to...

Includes Commercial Agreement with Fertitta Entertainment and Houston Rockets BOSTON and HOUSTON, Aug. 09, 2021 (GLOBE NEWSWIRE) — DraftKings Inc. (Nasdaq: DKNG) and Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) today announced that they have entered into a definitive agreement for DraftKings to acquire Golden Nugget Online Gaming in an all-stock transaction that has an implied equity value of approximately $1.56 billion. The acquisition will enable DraftKings to leverage Golden Nugget’s well-known brand, iGaming product experience and existing combined database of more than 5 million customers. In connection with the acquisition, DraftKings has entered into a commercial agreement with Fertitta Entertainment, Inc., the parent company of the Houston Rockets, Golden Nugget, LLC and Landry’s LLC, and a leader in the gaming, restaurant,...

JOHNS CREEK, Ga., Aug. 09, 2021 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries today announced the following results for the quarter ended June 30, 2021:Revenues of $246.3 million GAAP operating income of $27.3 million and Non-GAAP operating income of $33.9 million GAAP Diluted EPS of $0.51 and Non-GAAP diluted EPS of $0.76Ebix will host a conference call to review its results today at 11:00 a.m. EDT (details below). “Q2 2021 was severely impacted by the second wave of COVID-19, with most of Brazil and India coming to almost a standstill for two months. This impacted our revenues not only in these two countries but the United States too, as we experienced an acute shortage of personnel...

TORONTO and NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) (“WPT”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today that WPT has entered into an arrangement agreement (the “Arrangement Agreement”) under which BREIT will acquire all of the outstanding units of WPT (each, a “Unit”) through a series of transactions that will result in unitholders receiving US$22.00 per Unit in an all-cash transaction valued at US$3.1 billion including the assumption of debt (the “Transaction”). The Transaction price of US$22.00 per Unit represents a 17.1% premium to the closing price of the Units on the TSX on August 6, 2021, the last trading day prior to the announcement of the Transaction, a 19.5% premium to WPTs 30-day volume-weighted...

Net Income Per Share Increased 148%  Core FFO Per Common Share Increased 102% Old Bethpage – New York, Aug. 09, 2021 (GLOBE NEWSWIRE) — Power REIT (NYSE – AMERICAN: PW and PW.PRA) (“Power REIT” or the “Trust”), Power REIT with a focused “Triple Bottom Line” strategy and a commitment to profit, planet, and people, today announced that it is providing an update that includes highlights of the Trust’s financial and operating results for the three and six months ended June 30, 2021. FINANCIAL HIGHLIGHTS    Three Months Ended June 30,     Six Months Ended June 30,      2021     2020     2021     2020                           Revenue   $ 2,267,848     $ 975,122     $ 4,088,775     $ 1,762,510                                   Net Income Attributable to Common Shareholders   $ 1,376,493     $ 409,695     $ 2,321,411     $ 591,724  Net...