Month: September 2021
Option exercise triggers upfront payment of approximately $150 million to Caelum shareholders, of which approximately $64 million is payable to Fortress Biotech1
AstraZeneca intends to advance and accelerate the Phase 3 development of CAEL-101 for light chain (AL) amyloidosis
HSR waiting period has expired for the acquisition of Caelum
NEW YORK and BORDENTOWN, N.J., Sept. 29, 2021 (GLOBE NEWSWIRE) — Fortress Biotech, Inc. (NASDAQ: FBIO) (“Fortress”), an innovative biopharmaceutical company focused on acquiring, developing and commercializing or monetizing promising biopharmaceutical products and product candidates cost-effectively, and a company it founded, Caelum Biosciences, Inc. (“Caelum”), a clinical-stage biotechnology company developing treatments for rare and life-threatening diseases, today announced that AstraZeneca’s...
McEwen Mining: Director Appointment and Los Azules Update
Written by Customer Service on . Posted in Public Companies.
TORONTO, Sept. 29, 2021 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report that William (Bill) Shaver, P. Eng., has been appointed to the Board of Directors effective immediately.
Mr. Shaver is a seasoned mining executive with over 50 years of management and executive experience in all facets of mine design, construction, and operations. In 1980, he was a founder of Dynatec Corporation, which became one of the leading contracting and mine operating groups in North America. In 2013, he was recognized as the Ernst and Young Entrepreneur of the Year for his devotion to bringing innovation to the mining industry. Most recently, he served as Chief Operating Officer of INV Metals before its sale to Dundee Precious Metals. He completed the Technician Program at the Haileybury School of Mines and is a Professional...
Needlestick Safety Injection Devices Market Report 2021-2028 | Size, Share, Growth, Trends, Analysis, Competitive Landscape, Revenue, Forecast
Written by Customer Service on . Posted in Mergers And Acquisitions.
Key players covered in the Global Needlestick Safety Injection Devices Market Research Report are Catalent, Inc., DuoprossMeditech Corp, Gerresheimer AG, Smiths Group plc, Medical Information Technology, Inc, Terumo Medical Corporation, West Pharmaceutical Services, Inc., Medtronic
Pune, India, Sept. 29, 2021 (GLOBE NEWSWIRE) — The global needlestick safety injection devices market size is set to enter a period of prolific expansionon account of the growing incidence of needlestick injuries (NSIs) among healthcare workers, observes Fortune Business Insights™ in its report, titled “Needlestick Safety Injection Devices Market Size, Share & Industry Analysis, By Type (Safety Syringe, Safety Needles), By End-User (Hospitals, Specialty Clinics, Ambulatory Surgical Centres, Diagnostic Centres, Others) and Regional Forecast, 2019-2026”....
Worthington Reports First Quarter Fiscal 2022 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
COLUMBUS, Ohio, Sept. 29, 2021 (GLOBE NEWSWIRE) — Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $1.1 billion and net earnings of $132.5 million, or $2.55 per diluted share, for its fiscal 2022 first quarter ended August 31, 2021. In the first quarter of fiscal 2021, the Company reported net sales of $702.9 million and net earnings of $616.7 million, or $11.22 per diluted share. Results in both the current and prior year quarter were impacted by certain unique items, as summarized in the table below.
(U.S. dollars in millions, except per share amounts)
1Q 2022
1Q 2021
After-Tax
Per Share
After-Tax
Per Share
Net earnings
$
132.5
$
2.55
$
616.7
$
11.22
Impairment and restructuring charges (gains)
(4.8
)
(0.09
)
9.0
0.16
Incremental expenses...
HEXO to participate in the A.G.P.’s Virtual Fall Consumer Cannabis Conference
Written by Customer Service on . Posted in Public Companies.
OTTAWA, Sept. 29, 2021 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NASDAQ: HEXO) today announced that management will participate in A.G.P.’s Virtual Fall Consumer Cannabis Conference. Sebastien St-Louis, Chief Executive Officer, will participate on a panel on the Canadian market & the role of innovation to drive further growth on October 5th, 2021 at 10:00 a.m. ET.
About HEXO
HEXO is an award-winning licensed producer of innovative products for the global cannabis market. HEXO serves the Canadian recreational market with a brand portfolio including HEXO, Redecan, UP Cannabis, Namaste Original Stash, 48North, Trail Mix, Bake Sale, REUP and Latitude brands, and the medical market in Canada, Israel and Malta. The Company also serves the Colorado market through its Powered by HEXO® strategy and Truss...
U.S. FDA Accepts Filings for Amicus’ AT-GAA for the Treatment of Pompe Disease
Written by Customer Service on . Posted in Public Companies.
FDA Sets PDUFA Target Action Date of May 29, 2022 for the New Drug Application and July 29, 2022 for the Biologics License Application
On Track for MAA Submission in the Fourth Quarter of this Year
PHILADELPHIA, Sept. 29, 2021 (GLOBE NEWSWIRE) — Amicus Therapeutics (Nasdaq: FOLD) today announced that the U.S. Food and Drug Administration (FDA) has accepted for review the Biologics License Application (BLA) for cipaglucosidase alfa and the New Drug Application (NDA) for miglustat for AT-GAA, the Company’s investigational two-component therapy for the treatment of Pompe disease. Pompe disease is a rare genetic disease that causes premature death and has a debilitating effect on people’s lives. The U.S. represents the single largest geography for Amicus to positively impact the lives of people with Pompe disease.
The FDA has set a...
Adagio Therapeutics to Participate in the Guggenheim 2nd Annual Vaccines & Infectious Day Conference
Written by Customer Service on . Posted in Public Companies.
WALTHAM, Mass., Sept. 29, 2021 (GLOBE NEWSWIRE) — Adagio Therapeutics, Inc., (Nasdaq: ADGI), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of antibody-based solutions for infectious diseases with pandemic potential, today announced that management will participate in a fireside chat during the Guggenheim 2nd Annual Vaccines & Infectious Day Conference on Wednesday, Oct. 6, 2021 at 1:30 p.m. ET.
The live webcast will be available in the investor section of the company’s website at investors.adagiotx.com. The webcast will be archived for 60 days following the presentation.
About Adagio TherapeuticsAdagio (Nasdaq: ADGI) is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of antibody-based solutions for infectious...
Amicus Therapeutics and ARYA Sciences Acquisition Corp IV Announce Formation of a Next-Generation Genetic Medicine Company: “Caritas Therapeutics”
Written by Customer Service on . Posted in Mergers And Acquisitions.
Business Combination of Amicus Gene Therapy Business with ARYA IV to Result in the Launch of Caritas Therapeutics, a New Independent, Publicly Traded Company with Expected ~$400M in Initial Funding
Will Transform Amicus into a Premier Global Commercialization and Late Stage Product Development Biotechnology Company in Rare Diseases
Transaction Advances Amicus Path to Profitability – Expected as of 2023
Amicus Balance Sheet Further Strengthened with a ~$200M Private Investment from Leading Biotechnology Investors
Separation will Sharpen the Strategic Focus, Financial Profile, and Operational Execution of Both Companies to Address the Needs of People Living with Rare Diseases – Amicus to Retain Ownership of 36% of Caritas
Conference Call and Webcast Today at 8:00 a.m. ET
PHILADELPHIA & NEW YORK, Sept. 29, 2021 (GLOBE NEWSWIRE)...
Kirkland Lake Gold Announces Suspension of Automatic Share Purchase Plan
Written by Customer Service on . Posted in Public Companies.
TORONTO, Sept. 29, 2021 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today reported that, following the announcement of a merger of equals agreement with Agnico Eagle Mines Limited, the Company has suspended its automatic share purchase plan (“ASPP”) effective today, September 28, 2021.
The ASPP was launched on June 21, 2021 in connection with the Company’s normal course issuer bid (“NCIB”) to allow for share purchases that would not be subject to black-out periods or other restrictions. The current NCIB remains in effect on the same terms and conditions as previously disclosed. Under the current NCIB, the Company can purchase up to 26,694,051 common shares until the expiry of the NCIB on June 8, 2022. A total of 3,392,100 common shares have been repurchased to...
Audiology Devices Market Report 2021-2028 | Size, Share, Growth, Trends, Analysis, Competitive Landscape, Forecast
Written by Customer Service on . Posted in Mergers And Acquisitions.
Top Players Covered in the Audiology Devices Market Research Report Are Medtronic, Med Rx, Siemens, WIDEX, MAICO Diagnostic MED-EL, Sivantos Pte Ltd, Starkey, Demant A/S and other key market players.
Pune, India, Sept. 29, 2021 (GLOBE NEWSWIRE) — The global audiology devices market size is projected to experience dynamic growth in the forthcoming years. The rising prevalence of hearing impairment will promote growth positively, states Fortune Business Insights in its report, titled, “Audiology Devices Market, 2021-2028″.
The market is expected to gain traction, due to the rising geriatric population. As per World Health Organization, around 164.5 million old people suffer from hearing loss. This makes around 33% of the total global population. Thus the market is expected to rise during the forecast period.
Segmentation–
Based...