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Month: September 2021

Terns Completes Part 1 Enrollment of AVIATION Phase 1b NASH Clinical Trial of VAP-1 Inhibitor TERN-201

–  TERN-201 is a highly selective VAP-1 inhibitor intended to address chronic liver inflammation and fibrosis in NASH –  Top-line TERN-201 NASH clinical data expected in 1Q 2022 FOSTER CITY, Calif., Sept. 08, 2021 (GLOBE NEWSWIRE) — Terns Pharmaceuticals, Inc. (“Terns” or the “Company”) (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of small-molecule single-agent and combination therapy candidates for the treatment of non-alcoholic steatohepatitis (NASH) and other chronic liver diseases, today announced the completion of patient enrollment of Part 1 of the AVIATION Trial, a Phase 1b clinical trial evaluating TERN-201, an orally-administered, highly selective inhibitor of vascular adhesion protein-1 (VAP-1), in patients with NASH. Preliminary top-line 12-week data from Part 1 of the...

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Pactiv Evergreen to Acquire Fabri-Kal, a Leading Manufacturer of Foodservice and Consumer Brand Packaging Solutions

LAKE FOREST, Ill., Sept. 08, 2021 (GLOBE NEWSWIRE) — Pactiv Evergreen Inc. (NASDAQ: PTVE) today announced that its wholly-owned subsidiary, Pactiv Evergreen Group Holdings Inc. has reached a definitive agreement to acquire Fabri-Kal, a leading manufacturer of foodservice and consumer brand packaging solutions. The transaction, valued at approximately $380 million, subject to adjustments for cash, working capital and indebtedness, is expected to close late in the third quarter or early in the fourth quarter of this year, subject to regulatory approvals and satisfaction of other customary closing conditions. “Combining these two complementary companies will further expand Pactiv Evergreen’s position in the Foodservice segment, broaden our sustainable packaging product offerings and customer base, and increase our manufacturing capacity...

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Sabre Gold Announces Effective Date for Name Change on TSX

TORONTO, Sept. 08, 2021 (GLOBE NEWSWIRE) — Sabre Gold Mines Corp. (formerly Arizona Gold Corp.) (“Sabre Gold” or the “Company”) (TSX: SGLD, OTCQB: AGAUF) is pleased to announce that the common shares of the Company (“Common Shares”) will commence trading under the name “Sabre Gold Mines Corp.” on the Toronto Stock Exchange with the new trading symbol “SGLD” at the opening of trading on September 8, 2021. The Company has changed its name to better reflect its ongoing operations after the successful completion of the previously-announced business combination, pursuant to which Sabre Gold acquired all of the issued and outstanding common shares of Golden Predator Mining Corp. by way of a statutory plan of arrangement under the provisions of the Business Corporations Act (British Columbia) (the “Arrangement”). Sabre Gold Highlights:A...

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Bitcoin Well Announces Acquisition of Quebec-Based Bitcoin ATM Operator, Entreprises Equibytes Inc.

EDMONTON, Alberta, Sept. 08, 2021 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (TSXV: BTCW) (“Bitcoin Well” or the “Company”) is pleased to announce that we have closed the acquisition of Entreprises Equibytes Inc. (“Equibytes”), a money service business and bitcoin ATM operator based in Montreal, Quebec. “Expanding our market reach into Quebec is an exciting milestone for us that increases our global bitcoin ATM network to 212 machines,” said Adam O’Brien, CEO of Bitcoin Well. “Acquiring the necessary licenses to operate in Quebec was the first step. Now we are looking forward to tailoring our outreach and operational processes to thrive in a new market while bringing our white-glove services to the local community.” Equibytes Acquisition Overview By way of a Share Purchase Agreement (the “Agreement”), 100% of the issued and outstanding...

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Cloud IT Service Management (ITSM) Market to Exhibit Astonishing 18.2% CAGR by 2027 Owing to Increasing Adoption of Artificial Intelligence Globally, reports Fortune Business Insights™

List of the Key Players Profiled in the Cloud IT Service Management (ITSM) Market: ServiceNow, Inc. (California, United States), IBM Corporation (New York, United States), Hewlett Packard Enterprise Company (California, United States), Citrix Systems, Inc. (Florida, United States), CA Technologies (New York, United States), BMC Software, Inc. (Texas, United States), Atlassian Corporation PLC (Sydney, Australia), Axios Systems PLC (Edinburgh, United Kingdom), Ivanti (Heat Software USA, Inc.) (Utah, United States), Cherwell Software, LLC (Colorado, United States), Hornbill Corporate Limited (Ruislip, United Kingdom), Freshworks, Inc. (California, United States), Serviceaide, Inc. (California, United States), Cherwell Software (Colorado, United States) Pune, India, Sept. 08, 2021 (GLOBE NEWSWIRE) — The global cloud IT service management...

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TopBuild to Acquire Distribution International In All-Cash Transaction Valued at $1.0 Billion

Distribution International is the leading North American specialty distributor and custom fabricator of mechanical insulation and related accessories to the industrial and commercial end-marketsProvides significant entry into ~$5 billion mechanical insulation market Expands footprint and increases penetration within key markets, including recurring MRO business Adds industry leading fabrication capabilities Strategically positions TopBuild as the leading supplier of energy saving insulation products in three critical and growing end-markets Enhances robust M&A pipeline with new roll-up opportunities in fragmented industrial and commercial end-markets Expected to be accretive to GAAP EPS in the first full year after close Anticipate $35M to $40M of run-rate cost synergiesConference Call Scheduled for 8:30 a.m. ET TodayDAYTONA...

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Industrial Cyber Security (ICS) Market to Gain Momentum; Acquisition of Sentryo by Cisco System Inc to Strengthen Business, states Fortune Business Insights™

List of the Companies Profiled in the Market: IBM Corporation (New York, United States), ABB Ltd. (Switzerland), Check Point Software Technologies Ltd. (Israel), Schneider Electric (Rueil-Malmaison, France), Mcafee, LLc (Intel Security) (California, United States), Cisco Systems, Inc. (California, United States), Honeywell International Inc. (North Carolina, United States), Microsoft Corporation (Washington, United States), Siemens AG (Munich, Germany), Trend Micro, Inc. (Tokyo, Japan), Splunk Inc. (California, United States), Rockwell Automation, Inc. (Wisconsin, United States), Bayshore Networks, Inc. (North Carolina, United States), Broadcom Inc. (California, United States), Kaspersky Lab (Moscow, Russia), Dell Inc. (Texas, United States), Proofpoint, Inc. (California, United States), FireEye, Inc. (California, United States), Pune,...

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Affimed Reports Second Quarter 2021 Financial Results and Highlights Operational Progress

AFM13 monotherapy: Enrollment is on track and expected to be completed in the first half of 2022. AFM13 combination with NK cells: All three dose escalation cohorts are fully enrolled with no dose limiting toxicities observed; additional patients are being enrolled at the highest dose level to confirm safety and generate additional efficacy data; data update expected at a scientific conference in Q4 2021. AFM24 monotherapy: Based on current data, doses used in cohorts 5 (320 mg) and 6 (480 mg) are pharmacologically active; no classic EGFR related side effects observed to date; dose expansion phase expected to start in 2021. AFM24 combination with anti PD-L1 checkpoint inhibitor: Clinical trial of AFM24 with atezolizumab (Tecentriq®) on track to start in 2021. AFM24 combination with NK cells: Clinical trial of AFM24 with NKGen Biotech’s...

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Everything-as-a-Service (XaaS) Market Size & Share By Sales Revenue, Future Demands, Growth Factors and Emerging Trends Forecast to 2028, Fortune Business Insights

Lists Of Main Companies in the Everything-as-a-Service (XaaS) Market: Amazon Web Services, Microsoft Corporation, and, Google Inc., AT&T Inc., Avaya Inc.,, Cisco Systems Inc.,, IBM Corporation, Big Switch Networks, CipherCloud, enStratus Networks LLC, McAfee, LLC, Juniper Networks, Inc., M5 Networks, Inc., Oracle Corporation, Orange Business Services. Pune, India, Sept. 08, 2021 (GLOBE NEWSWIRE) — Everything-as-a-Service (XaaS) or anything-as-a-service forms the core of cloud computing. An increasing number of services and utilities delivered through the cloud, and the ability to combine these into a single virtual service is leading to increased XaaS market traction. Everything-as-a-Service encompasses services and applications that users can access on the Internet upon request. Organizations are adopting XaaS because the...

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Dynamic Funds announces intention to assume full operational and investment management responsibilities of nine Dynamic Active ETFs from BlackRock Canada

TORONTO, Sept. 08, 2021 (GLOBE NEWSWIRE) — Dynamic Funds (a division of 1832 Asset Management L.P) and BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK), jointly announced today Dynamic Funds’ intention to assume management of the nine Dynamic Active exchange-traded funds listed below (collectively, the “Dynamic Active ETFs”), pending regulatory, stock exchange and unitholder approvals. BlackRock Canada is currently the trustee, manager and portfolio manager of the Dynamic Active ETFs, while Dynamic Funds currently manages the underlying mutual funds through which the Dynamic Active ETFs obtain their investment exposure and provides certain other services to the Dynamic Active ETFs. The investment objectives, strategies and management...

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