Day: March 30, 2022
HOUSTON, March 30, 2022 (GLOBE NEWSWIRE) — Aravive, Inc. (Nasdaq: ARAV), a late clinical-stage oncology company developing targeted therapeutics to treat metastatic disease, announced today that it has entered into definitive agreements with a single healthcare-focused institutional investor and Eshelman Ventures, LLC for the issuance and sale of an aggregate of 4,850,241 shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to an aggregate of 4,850,241 shares of common stock in a registered direct offering priced at-the-market under Nasdaq rules. The purchase price per share and accompanying warrant is $2.005 for the institutional investor and $2.325 for Eshelman Ventures, LLC.
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
The warrants to...
Patriot Battery Metals Provides Update on 2022 Drill Campaign at the Corvette Lithium Property, James Bay, Quebec
Written by Customer Service on . Posted in Public Companies.
Figure 1
2022 drill hole collar locationsFigure 2
Approximate 2022 drill hole collar locations over target drill areaVANCOUVER, British Columbia, March 30, 2022 (GLOBE NEWSWIRE) — Patriot Battery Metals Inc. (the “Company” or “Patriot”) (CSE: PMET) (OTCQB: PMETF) (FSE: R9GA) is pleased to provide a further update on the winter/spring component of its 2022 drill campaign program at its wholly owned Corvette Property (the “Property”), located in the James Bay Region of Quebec. The target drill area – at the CV Lithium Trend – is located approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure.
The winter/spring phase of the 2022 drill campaign began in late February with two diamond drill rigs currently operating on site. To date, ten (10) NQ size drill holes have been completed...
Prometheus Biosciences Initiates Third Phase 2 Study of PRA023 for Systemic Sclerosis-Associated Interstitial Lung Disease (SSc-ILD)
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– First therapeutic candidate for the treatment of SSc-ILD targeting both key fibrotic and inflammatory pathways –
– ATHENA-SSc-ILD Phase 2 topline results expected first-half 2024 –
– FDA has granted Fast Track Designation for PRA023 for the treatment of SSc-ILD –
SAN DIEGO, March 30, 2022 (GLOBE NEWSWIRE) — Prometheus Biosciences, Inc. (Nasdaq: RXDX), a biotechnology company pioneering a precision medicine approach for the discovery, development, and commercialization of novel therapeutic and companion diagnostic products for the treatment of immune-mediated diseases, today announced it has enrolled its first patient in the ATHENA-SSc-ILD trial, a placebo-controlled and statistically powered Phase 2 study of PRA023 in SSc-ILD. The Company announced in January 2021 that PRA023 received Fast...
QuoteMedia Announces 22% Revenue Growth for 2021
Written by Customer Service on . Posted in Public Companies.
PHOENIX, March 30, 2022 (GLOBE NEWSWIRE) — QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced financial results for the fiscal year ended December 31, 2021.
QuoteMedia provides banks, brokerage firms, private equity firms, financial planners and sophisticated investors with a more economical, higher quality alternative source of stock market data and related research information. We compete with several larger legacy organizations and a modest community of other smaller companies. QuoteMedia provides comprehensive market data services, including streaming data feeds, on-demand request-based data (XML/JSON), web content solutions (financial content for website integration) and applications such as Quotestream Professional desktop and mobile.
Highlights for fiscal 2021 include...
Generator Sales Market Size [2021-2028] | is Expected to Reach USD 38.95 Billion, Exhibiting a CAGR of 5.9%
Written by Customer Service on . Posted in Mergers And Acquisitions.
Increasing Focus on Infrastructure Development in Asia-Pacific and Demand for Energy to Stimulate Growth of Global Generator Sales Market
Pune, India, March 30, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the generator sales market size is projected to reach USD 38.95 Billion by the end of 2028, exhibiting a CAGR of 5.9% in the forecast period. The global generator sales market size was USD 24.76 billion in 2020. The rising demand from mining, oil and gas, pharmaceuticals, residential, marine, manufacturing, and other industries will contribute to the global generator sales market growth during the forecast period. Furthermore, rapid development in construction as well as other business units and expansion of mining industry, are likely to boost global market growth.
Key Industry Development:
January 2020: ...
Cold Chain Logistics Market Size to Hit USD 647.47 Billion by 2028 | Exhibit a CAGR of 15.1%
Written by Customer Service on . Posted in Mergers And Acquisitions.
Increasing Government Initiatives and Subsidies to Propel Market Growth of Cold Chain Logistics Industry
Pune, India, March 30, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the cold chain logistics market size is projected to hit USD 647.47 billion by 2028 and exhibit a CAGR of 15.1% during the forecast period. The market size stood at USD 221.85 billion in 2020 and USD 242.39 billion in 2021. The surging need for temperature control to evade food losses and the growing consumer demand for perishable and convenience foods globally are driving the growth of the market.
Latest Industry Developments–
December 2020: AmeriCold Logistics LLC completed the acquisition of Agro Merchants Group. The acquisition will help the company to offer complimentary infrastructure in South America, Australia, and the U.S.
July...
Pharmacy Benefit Management Market Size [2022-2029] worth USD 740.05 Billion | exhibiting a CAGR of 5.9%
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Pharmacy Benefit Management Market Covered By Key Companies – CVS Health, Cigna, OptumRx, Inc., Anthem, Inc., Centene Corporation, Abarca Health LLC., Medimpact
Pune, India, March 30, 2022 (GLOBE NEWSWIRE) — The global pharmacy benefit management market size stood at USD 468.38 billion in 2021. The market is anticipated to rise from USD 495.34 billion in 2022 to USD 740.05 billion by 2029 at a 5.9% CAGR during the forecast period. Fortune Business Insights™ has delved into these insights in its latest research report, titled, “Pharmacy Benefit Management Market, 2022-2029.”
Amidst the prevalence of chronic diseases, governments and other stakeholders are poised to up their healthcare budgets. Surging demand for cost management of prescription drugs following the rise in drug price has triggered the demand for pharmacy benefit...
US Diagnostic Imaging Services Market Size [2022-2028] worth USD 176.50 Billion | exhibiting a CAGR of 7.8%
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The US Diagnostic Imaging Services Market size was USD 94.31 billion in 2020. The market is expected to grow from USD 104.65 billion in 2021 to USD 176.50 billion in 2028, exhibiting a CAGR of 7.8% during the forecast period.
Pune, India, March 30, 2022 (GLOBE NEWSWIRE) — The US Diagnostic Imaging Services Market size was USD 94.31 billion in 2020. The market is expected to grow from USD 104.65 billion in 2021 to USD 176.50 billion in 2028, exhibiting a CAGR of 7.8% during the forecast period. High safety and efficiency of the product and growing geriatric population may foster market development. Fortune Business Insights™ provides this information in its report titled “US Diagnostic Imaging Services Market, 2021-2028”.
U.S. diagnostic imaging services is a medical procedure that provides highly efficient and safe diagnostics....
US Hearing Aids Market Size [2022-2029] worth USD 5.86 Billion | exhibiting a CAGR of 7.8%
Written by Customer Service on . Posted in Mergers And Acquisitions.
US Hearing Aids Market Covered By Key Companies – Sonova (Switzerland) , Demant A/S (Denmark) , GN Store Nord A/S (Denmark) , Cochlear Ltd (Australia) , WS Audiology (Denmark) , RION Co., Ltd. (Japan) , Starkey (U.S.) , MED-EL (Medical Electronics) (Austria)
Pune, India, March 30, 2022 (GLOBE NEWSWIRE) — The US hearing aids market size was USD 3.31 billion in 2021. The market is projected to grow from USD 3.46 billion in 2022 to USD 5.86 billion in 2029 at a CAGR of 7.8% during the 2022-2029 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “US Hearing Aids Market, 2022-2029.” Factors such as widening applications, technological advancements, and rising focus on restoring hearing devices will boost the growth of the market during the forecast period. Additionally, rising insurance...
Cognition Therapeutics Reports Year End 2021 Financial Results and Provides Business Update
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
– Well capitalized from $52 million IPO and $169 million in grant funding –– Established clinical program in Alzheimer’s disease enhanced by new DLB study and dry AMD program –– Conference call and live audio webcast scheduled for Wednesday, March 30 at 8:00 a.m. ET –
PURCHASE, N.Y., March 30, 2022 (GLOBE NEWSWIRE) — Cognition Therapeutics, Inc. (NASDAQ: CGTX), a clinical-stage biopharmaceutical company engaged in the discovery and development of innovative, small molecule therapeutics targeting age-related degenerative diseases and disorders of the central nervous system and retina (the “Company” or “Cognition”), today reported financial results for the year ended December 31, 2021 and provided recent business updates.
“Our upsized initial public offering (IPO) in October 2021 supplemented...