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Day: March 25, 2022

Delcath Systems Reports Fourth Quarter and Full-Year 2021 Results and Provides Business Update

NEW YORK, March 25, 2022 (GLOBE NEWSWIRE) — Delcath Systems, Inc. (Nasdaq: DCTH), an interventional oncology company focused on the treatment of primary and metastatic cancers of the liver, today reported business highlights and financial results for the fourth quarter and full-year ended December 31, 2021. Recent Business Highlights During and since the fourth quarter, Delcath:Reported updated positive phase 3 FOCUS trial results for HEPZATO™ Kit (melphalan hydrochloride for injection/hepatic delivery system) for the treatment of patients with unresectable liver-dominant metastatic ocular melanoma, including initial survival data analysis Confirmed guidance for the mid-year Class 2 resubmission of the NDA to FDA Resumed direct responsibility for sales, marketing, and distribution activities for the CHEMOSAT® Hepatic Delivery...

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Marathon Gold Announces 2021 Fourth Quarter and Year-End Results

TORONTO, March 25, 2022 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) today announces its financial results for the fourth quarter and year ending December 31, 2021 and provides an update on the Company’s activities at the Valentine Gold Project (the “Project”) in the central region of Newfoundland and Labrador (“NL”). Fourth Quarter HighlightsAt December 31, 2021, the Company had cash and cash equivalents of $87.2 million, leaving it well positioned to execute on its permitting, development, and exploration activities at the Project; During the fourth quarter of 2021, a total of 19,497 metres of exploration drilling was completed in 73 holes primarily at the Berry, Victory and Sprite Deposits. In total during 2021, Marathon completed 74,004 metres of drilling, successfully completing its...

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Fairfax India Holdings Corporation: Annual Shareholders’ Meeting Update

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, March 25, 2022 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it will be hosting its annual shareholders’ meeting both in-person and virtually, as originally announced, on Thursday, April 21, 2022. Our expectation is that many of the Presidents of our portfolio companies will be attending the meeting in-person to greet our guests and to answer any questions. For those travelling to attend the meeting, we are pleased to share that, effective April 1, 2022, fully vaccinated travellers arriving to Canada will no longer need to provide pre-entry COVID-19 test results. Fairfax India will advise of further details on the meeting, including how to send questions in advance,...

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VPR Brands Announces Favorable Settlement of Third Patent Infringement Case; Settlements Now Total Over $500,000

VPR Brands Announces Favorable Settlement of Third Patent Infringement Case VPR Brands announces favorable settlement of third patent infringement case; settlements now total over $500,000.FORT LAUDERDALE, Fla., March 25, 2022 (GLOBE NEWSWIRE) — via InvestorWire — VPR Brands, LP (OTC: VPRB): VPR Brands is a market leader and pioneer in electronic cigarettes and vaporizers for nicotine, cannabis and cannabidiol (CBD). On March 18, 2022, the Company entered into a Settlement Agreement (the “XL Settlement Agreement”) by and between the Company on the one hand, and XL Vape, LLC (“XL”), VGOD LLC (“VGOD”), and Saltnic LLC (“Saltnic” and collectively with XL and VGOD, the “XL Parties”), on the other hand. The Company previously filed a lawsuit in the United States District...

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Annual Shareholders’ Meeting Update

TORONTO, March 25, 2022 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it will be hosting its annual shareholders’ meeting both in-person and virtually, as originally announced, on Thursday, April 21, 2022. Our expectation is that all of our Presidents will be attending the meeting in-person to greet our guests and to answer any questions. For those travelling to attend the meeting, we are pleased to share that, effective April 1, 2022, fully vaccinated travellers arriving to Canada will no longer need to provide pre-entry COVID-19 test results. Fairfax will advise of further details on the meeting, including how to send questions in advance, in a later announcement. Fairfax is a holding company which, through its subsidiaries, is primarily engaged in property and casualty...

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Lifeist Reports Fourth Quarter and Full Year 2021 Financial Results

Entering 2022 well-positioned to execute on wellness strategy focused on Canadian B2B recreational cannabis and North American nutraceuticals TORONTO, March 25, 2022 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF), a health-tech company that leverages advancements in science and technology to build breakthrough companies that transform human wellness, today reported its financial results for year ended November 30, 2021. All financial figures are in Canadian dollars unless otherwise indicated. Fourth Quarter 2021 HighlightsWhile net revenue decreased 11% to $6.4 million in the fourth quarter ended November 30, 2021 (“Q4 2021”) (compared to $7.2 million in the same period last year (“Q4 2020”)), this was mainly due to declines in hardware sales in Europe and...

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ASLAN Pharmaceuticals Reports Fourth Quarter and Full Year 2021 Financial Results and Provides Corporate Update

Global Phase 2b trial for eblasakimab in moderate-to-severe atopic dermatitis (AD) underway with topline data expected in the first half of 2023 New CMO appointed, adding senior global pharma experience to the leadership teamCompany maintains strong operating position with US$90.2 million in cash and cash equivalents as of December 31, 2021, runway through late 2023 Replays available for company-hosted A4 KOL series on AD landscape; next event to be held in the second quarterMENLO PARK, Calif. and SINGAPORE, March 25, 2022 (GLOBE NEWSWIRE) — ASLAN Pharmaceuticals (Nasdaq: ASLN), a clinical-stage, immunology-focused biopharmaceutical company developing innovative treatments to transform the lives of patients, today announced financial results for the fourth quarter and full year ended December 31, 2021, and provided an update...

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Larimar Therapeutics Reports Fourth Quarter and Full Year 2021 Operating and Financial Results

BALA CYNWYD, Pa., March 25, 2022 (GLOBE NEWSWIRE) — Larimar Therapeutics, Inc. (“Larimar”) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, today reported its full year 2021 operating and financial results. “The past year was highlighted by our first clinical data readouts, which demonstrated the potential of CTI-1601 to address the root cause of Friedreich’s ataxia by increasing frataxin levels in patients,” said Carole Ben-Maimon, MD, President and Chief Executive Officer of Larimar. “With these important proof-of-concept data in hand, we continue to work expeditiously to identify the best path forward through the resolution of CTI-1601’s clinical hold. Our commitment to furthering CTI-1601’s development remains steadfast, and the urgent unmet needs of patients...

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Vaccitech Reports Full-Year 2021 Financial Results and Recent Corporate Developments

OXFORD, United Kingdom, March 25, 2022 (GLOBE NEWSWIRE) — Vaccitech plc (NASDAQ: VACC) today announced its financial results for the full year ended December 31, 2021 and provided an overview of the Company’s recent corporate developments. Vaccitech is a clinical-stage biopharmaceutical company engaged in the discovery and development of novel immunotherapeutics and vaccines for the treatment and prevention of infectious diseases and cancer. “2021 was a pivotal year for Vaccitech during which we achieved a number of strategic, operational, and financial objectives, advanced multiple immunotherapeutic and prophylactic candidates in clinical development and strengthened and expanded our T cell activating discovery engine platform via the acquisition of Avidea Technologies,” commented Bill Enright, Vaccitech’s CEO. “All of this progress...

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Vigil Neuroscience Reports Fourth Quarter and Full Year 2021 Financial Results and Provides Business Highlights

– Completed successful initial public offering, raising $98 million in gross proceeds – – Initiated VGL101 Phase 1 trial; Phase 2 trial in ALSP patients expected to initiate in 2H 2022 – – Initiated IND-enabling studies in the small molecule Alzheimer’s disease TREM2 agonist program – – Advanced understanding and awareness of ALSP through publication of review article and launch of global patient registry – CAMBRIDGE, Mass., March 25, 2022 (GLOBE NEWSWIRE) — Vigil Neuroscience, Inc. (Nasdaq: VIGL), a clinical-stage biotechnology company committed to harnessing the power of microglia for the treatment of neurodegenerative diseases, today announced financial results for the fourth quarter and full year ended December 31, 2021 and provided an update on recent business highlights. “This...

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