Day: October 28, 2021

Over 30 years of broad strategic and operational experience in pharmaceutical research and development, mergers and acquisition evaluation, in-licensing, and externalization activities CAMBRIDGE, Mass., Oct. 28, 2021 (GLOBE NEWSWIRE) — Werewolf Therapeutics, Inc. (Nasdaq: HOWL), an innovative biopharmaceutical company pioneering the development of conditionally activated therapeutics engineered to stimulate the body’s immune system for the treatment of cancer, today announced the appointment of Meeta Chatterjee, Ph.D., Senior Vice President of Global Business Development at Legend Biotech Corporation, as a member of its board of directors. “I am thrilled to join Werewolf’s board of directors as the company prepares to advance investigational new drug applications for its two lead INDUKINETM product candidates, WTX-124 and WTX-330,...

Dosed first patient in batiraxcept (formerly AVB-500) Phase 1b clinical trial in pancreatic adenocarcinoma Orphan drug designation granted by European Commission to batiraxcept in platinum resistant ovarian cancer New preliminary data from batiraxcept Phase 1b clinical trial in clear cell renal cell carcinoma to be presented at 2021 Society for Immunotherapy of Cancer Annual MeetingHOUSTON, Oct. 28, 2021 (GLOBE NEWSWIRE) — Aravive, Inc. (Nasdaq: ARAV), a clinical-stage oncology company developing transformative, targeted therapeutics to treat life-threatening cancers, today announced recent corporate updates and financial results for the third quarter ended September 30, 2021. “During the third quarter, we expanded our clinical oncology pipeline with the initiation of a Phase 1b trial of batiraxcept (AVB-500) for the treatment...

ROSEMONT, Ill., Oct. 28, 2021 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust” or the “Company”) (Nasdaq: WTFC) today announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.31 per share of outstanding common stock. The dividend is payable on November 26, 2021 to shareholders of record as of November 11, 2021. Additionally, the Company’s Board of Directors approved quarterly cash dividends on outstanding shares of the Company’s 6.50% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series D and of the Company’s 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E. Each dividend is payable on January 15, 2022 to shareholders of record as of January 1, 2022. Additionally, the Company’s Board of Directors authorized the repurchase of up to $200 million...

SOUTH SAN FRANCISCO, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) — CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today reported financial results for the third quarter ended September 30, 2021. Recent Highlights:Achieved record revenue of $75.6 million for the three months ended September 30, 2021, increasing 42% year-over-year Grew testing services volume 86% year-over-year, with approximately 40,000 AlloSure and AlloMap patient results provided in the quarter – highlighted by an approximately 90% attach rate for HeartCare Announced publication of KidneyCare validation study in Kidney360 – Multicenter study validating AlloMap and demonstrating...

The cloud based PCH Global roll out will service 2 million members across several states IRVING, Texas, Oct. 28, 2021 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation (BPA) leader, today announced that it has partnered with CareSource, a nationally recognized nonprofit managed care organization. Exela will deploy its cloud based PCH Global platform to help accelerate CareSource’s digital transformation journey. This expansion highlights the Company’s ability to rapidly implement PCH Global for claims and correspondence submitted by providers, in this case providing quality healthcare coverage for Medicaid consumers from several states across America. Exela continues to invest in expanding PCH Global’s capabilities to provide a cloud hosted solution with...

Leading Cultivation Equipment Supplier to Enter Burgeoning Mushroom Industry as a Leading Picks-and-Shovel Player KIRKLAND, Wash., Oct. 28, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — GrowLife, Inc. (OTCQB: PHOT) (“GrowLife” or the “Company”), one of the nation’s most recognized indoor cultivation product and service providers, today announced that it has entered into an exclusive distribution agreement with the leading mushroom cultivation equipment supplier in Canada, My Fungi Inc., whereas the Company will have the exclusive right to market and distribute its proprietary line of mushroom cultivation equipment throughout the United States. This marks the Company’s entrance into the expanding mushroom industry, servicing both B2B and B2C customers, by supplying hard-to-find essential equipment for mushroom cultivation. Mushroom...

Company Achieves Record Quarterly Revenue and Profitability MANCHESTER, N.H., Oct. 28, 2021 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Allegro MicroSystems, Inc. (Nasdaq:ALGM), please note that the line item for Unrealized gains on marketable securities was not displayed in the Cash Flows from Operating Activities table, while the totaled line item for Net cash provided by operating activities was and is correct. The corrected release follows: Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its second quarter of fiscal year 2022 that ended September 24, 2021. The Company’s net sales increased 3% sequentially and 42% over the...

TORONTO, Oct. 28, 2021 (GLOBE NEWSWIRE) — Red Pine Exploration Inc. (TSX-V:RPX) (“Red Pine” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), as sole underwriter and bookrunner, pursuant to which Haywood has agreed to purchase, on a “bought deal” private placement basis, 7,693,000 flow-through shares of the Company (the “FT Shares”) at a price of C$0.65 per FT Share, with such FT Shares to qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)), for aggregate gross proceeds of C$5,000,450 (the “Offering”). The Company has granted Haywood an option to purchase up to an additional 15% of the Offering in FT Shares at the Issue Price (the “Underwriters’...

LAS VEGAS, Oct. 28, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp, Inc. (OTC PINK: HEMP), a leader in the industrial hemp market, is well positioned to capture market share for direct-to-consumer hemp derivatives such as hemp tea. Hemp, Inc. has been developing CBD cosmeceutical and nutraceutical products through its King of Hemp® brand. According to a market report published by Research Dive in September 2021, demand for hemp tea and other plant-based beverages is particularly strong in North America. Relaxed regulations in the United States and Canada surrounding the cultivation and use of cannabis in the manufacturing of products like hemp tea is one contributing factor. Research Dive found the “rising prevalence of health-conscious people across the globe and their increasing inclination toward herbal tea are further...

Tulsa, OK, Oct. 28, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — AppSwarm, Corp. (OTC: SWRM), a software development company and aggregator of mobile applications, announces initial purchase of ASIC mining rigs for its crypto mining operations. The Company announces the initial purchase of Scrypt ASIC miner rigs that are designed for the purpose of mining Litecoin and Dogecoin. Scrypt is less complex than SHA-256, which makes mining Litecoin and Dogecoin much faster and less energy-intensive. The Company expects delivery of its initial rigs in early to mid-November, which will then be deployed and scaled up with additional ASIC rigs by the end of the fourth quarter. Bitcoin Mining Rigs The Company is also in the process of reviewing initial purchase orders for Bitmain Antminer and other rigs for its Bitcoin mining operations....