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Day: March 1, 2022

Cara Therapeutics Reports Fourth Quarter and Full Year 2021 Financial Results

KORSUVA™ (difelikefalin) injection U.S. commercial launch on track for April 2022 with extensive pre-launch activities completed Initiation of Oral KORSUVA (difelikefalin) Phase 3 pruritus programs in non-dialysis dependent advanced chronic kidney disease and atopic dermatitis expected in 1Q 2022 Phase 3 programs to be highlighted in virtual R&D event on March 11, 2022 at 1:00 pm ET Conference call today at 4:30 p.m. ET STAMFORD, Conn., March 01, 2022 (GLOBE NEWSWIRE) — Cara Therapeutics, Inc. (Nasdaq: CARA), an early commercial-stage biopharmaceutical company leading a new treatment paradigm to improve the lives of patients suffering from pruritus, today announced financial results and operational highlights for the fourth quarter and full year ended December 31, 2021. “Cara Therapeutics made excellent progress in 2021 executing...

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Xenon Pharmaceuticals Reports 2021 Financial Results and Provides Corporate Update

Conference Call at 4:30 pm ET Today BURNABY, British Columbia, March 01, 2022 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a neurology-focused biopharmaceutical company, today reported financial results for the year ended December 31, 2021 and provided a corporate update. Mr. Ian Mortimer, Xenon’s President and Chief Executive Officer stated, “We made significant progress in 2021, marked by the positive read-out of strong efficacy data from our XEN1101 Phase 2b X-TOLE clinical trial, which represented a transformative event for Xenon. We have successfully carried this positive momentum into 2022 as we look forward to an end-of-Phase 2 meeting with the FDA in the second quarter and continue to focus on initiation of Phase 3 development for XEN1101 in the second half of 2022. In addition, we have now filed an IND...

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HOOKIPA Pharma Announces Proposed Public Offering of Common Stock and Non-Voting Convertible Preferred Stock

NEW YORK and VIENNA, Austria, March 01, 2022 (GLOBE NEWSWIRE) — HOOKIPA Pharma Inc. (Nasdaq: HOOK), a company developing a new class of immunotherapeutics based on its proprietary arenavirus platform, today announced that it intends to offer and sell shares of its common stock and shares of its non-voting Series A convertible preferred stock in an underwritten public offering (the “Offering”). HOOKIPA also intends to grant the underwriters a 30-day option to purchase up to an additional fifteen percent (15%) of the shares of common stock offered in the Offering, including the shares of common stock underlying the non-voting Series A convertible preferred stock. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the size or terms of...

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Eguana Announces 1st Quarter 2022 Financial Results

CALGARY, Alberta, March 01, 2022 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (“Eguana” or the “Company“) (TSX-V: EGT, OTCQB: EGTYF) today announced results for its first fiscal quarter ended December 31, 2021. “Launching our first premium brand into the market has delivered an outcome beyond our expectation with immediate order uptake right out of the gate,” commented Eguana CEO Justin Holland. “Our sales teams are rapidly expanding distribution channels with multiple national players to ensure easy access to products throughout the US and we have expedited the transition to Omega to increase our manufacturing and supply chain capabilities.” Fiscal Q1 2022 Financial HighlightsQ1 2022 product revenue of $1.3 million, down from Q1 2021 product revenue of $2.3 million due to the global resin shortage, impacting...

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CN Aims to Create New, Competitive Speedway for Customers in Filing with Surface Transportation Board on the Proposed CP-KCS Merger

Divestiture of the KCS line to CN would increase competition by enhancing shipping options for many local businesses, while solving CP-KCS’s parallel track conflict and preventing an important freight corridor from declining due to a lack of investment by CP-KCS CN will invest in the Kansas City Speedway, which will benefit customers and communities, create union and management jobs, and produce substantial environmental benefits by taking 80,000 trucks off the road annually MONTREAL, March 01, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR, NYSE: CNI) yesterday filed a responsive application with the Surface Transportation Board (“STB”) requesting specific conditions related to the approval of the pending Canadian Pacific (“CP”) and Kansas City Southern (“KCS”) merger (collectively “CP-KCS”). CN’s responsive application asks the STB to...

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LeMaitre to Participate at Upcoming Investor Conferences in March

BURLINGTON, Mass., March 01, 2022 (GLOBE NEWSWIRE) — LeMaitre Vascular, Inc. (Nasdaq:LMAT) announced today that management will be participating in four upcoming investor conferences in March. 34th Annual Roth Conference 2022Monday, March 14, 2022The Ritz Carlton, Laguna Niguel located in Dana Point, CADavid Roberts, President, will present at 1:30 PM PT (4:30pm ET) Oppenheimer 32nd Annual Healthcare Conference (Virtual)Wednesday, March 16, 2022JJ Pellegrino, Chief Financial Officer, will present at 4:40 PM ET Barclays Global Healthcare ConferenceThursday, March 17, 2022Loews Miami Beach Hotel, Miami Beach, FLDavid Roberts, President, will present at 10:15 AM ET KeyBanc Life Sciences & MedTech Investor Forum (Virtual)Tuesday, March 22, 2022David Roberts, President, will present at 2:15 PM ET About LeMaitreLeMaitre is a provider...

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iSIGN Media Announces the Close of its Previously Announced Shares for Debt Transaction of $730,447

TORONTO, March 01, 2022 (GLOBE NEWSWIRE) — iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions announced that it received final approval from the necessary regulatory agency to close its previously announced debt settlement arrangement (“Arrangement”) with a company in which Josip (Joe) Kozar is a major shareholder. This shares for debt transaction is the second step in improving the Company’s Statements of Financial Position. The first step was the acceptance by various creditors to transfer current liabilities of approximately $3.241 million new two-year debentures (the “New Debentures”) bearing interest at 12% per annum, as announced on February 16, 2022. This agreement provides clarity and repayment certainty...

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Modaxo Welcomes TransLoc

TORONTO, March 01, 2022 (GLOBE NEWSWIRE) — Modaxo Inc. (“Modaxo”), a global technology organization focused on moving the world’s people, today announced the acquisition of TransLoc Inc. (“TransLoc”), a provider of microtransit, on-demand services, and fixed route transportation solutions for public transit, universities, and transit operators, from Ford Motor Company. While part of Ford’s mobility portfolio, TransLoc’s SaaS-based solutions helped to support more than 1,500 transport providers across the US, delivering more than 600 million rides on an annual basis. In its first ten years, TransLoc created America’s first live regional transit map, the first bus tracking mobile app, and were awarded a transit innovation award by the White House. The company is based in Durham, North Carolina. “We are thrilled to make Modaxo...

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ABC Technologies Completes Acquisition of dlhBOWLES

COLUMBIA, Md., March 01, 2022 (GLOBE NEWSWIRE) — ABC Technologies has completed its acquisition of dlhBOWLES previously announced in January 2022. With the completion of the transaction, some key leadership changes are also being announced. Daniel Konrad, previously Vice President of Engineering will now be leading the organization as President of dlhBOWLES, an ABC Technologies company. In addition, John W. Saxon, who has been CEO of dlhBOWLES and DLH Industries, respectively, for more than 18 years, will serve in a consulting role for the business. “Having worked in this business for nearly two decades, I am extremely excited for its future with ABC Technologies. ABC has been a trusted customer/partner for many years. ABC’s existing global footprint and international scale will enable dlhBOWLES to better serve our customers around...

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Lee Applauds ISS Recommendation Supporting All Three Director Nominees

Company Urges Shareholders to Vote “FOR” the Board’s ThreeNominees on the WHITE Proxy Card Today DAVENPORT, Iowa, March 01, 2022 (GLOBE NEWSWIRE) — Lee Enterprises Inc. (NASDAQ: LEE) (“Lee” or the “Company”), today announced that Institutional Shareholder Services (“ISS”), a leading independent provider of proxy research and vote recommendations to the institutional investment community, has recommended that Lee shareholders vote “FOR” all three of the Company’s director nominees on Lee’s WHITE proxy card at Lee’s Annual Meeting of Shareholders to be held on March 10, 2022. Accordingly, ISS rejected arguments by Alden Global Capital LLC (together with its affiliates, “Alden”), which is running a “Withhold” campaign against two of Lee’s nominees, indicating that Alden had not made the case for change. The Lee Enterprises Board of...

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