Month: March 2022
VANCOUVER, British Columbia, March 11, 2022 (GLOBE NEWSWIRE) — Alpha Copper Corp. (“Alpha Copper” or the “Company”) (CSE: ALCU) (OTC: ALCUF) is pleased to announce that, further to its news release dated January 14, 2022 (together, the “Prior Release”), the Company has made its first issuance under the option agreement (the “Option Agreement”) dated January 13, 2022 among Eastfield Resources Ltd., Northwest Copper Corp. (“Northwest”) and the Company, pursuant to which the Company may acquire a 100% interest (the “Acquisition”) in the Okeover Copper Project located in British Columbia (the “Property”). In accordance with the Option Agreement, the Company issued 267,159 common shares (the “Payment Shares”) to Northwest, having an aggregate deemed value of $250,000. The Payment Shares are subject to a statutory hold period of four...
SeaSpine Announces Fourth Quarter and Full-Year 2021 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Provides 2022 Revenue Guidance
CARLSBAD, Calif., March 11, 2022 (GLOBE NEWSWIRE) — SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today financial results for the three-months and full-year ended December 31, 2021.
Summary Fourth Quarter 2021 Financial Results and Recent AccomplishmentsRevenue of $55.6 million, an increase of 20% year-over-year
U.S. revenue of $50.2 million, an increase of 19% year-over-yearU.S. spinal implants and enabling technologies revenue of $27.3 million, an increase of 32% year-over-year
U.S. orthobiologics revenue of $22.9 million, an increase of 7% year-over-yearInternational revenue of $5.4 million, an increase of 26% year-over-year
Completed integration of 7D Surgical
Initiated full...
Bassett Declaration of Special Dividend, Regular Dividend and an Increase in Share Repurchase Authorization
Written by Customer Service on . Posted in Dividend Reports And Estimates.
BASSETT, Va., March 11, 2022 (GLOBE NEWSWIRE) — Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has:Declared a special dividend of $1.50 per share of common stock payable on April 6, 2022, to shareholders of record at the close of business on March 23, 2022.
Declared a regular quarterly dividend of $0.14 per share of common stock payable on May 27, 2022, to shareholders of record at the close of business on May 13, 2022.
Increased the Company’s share repurchase authorization to $40 million.“We are pleased that the Board of Directors has approved the declaration of a $1.50 special dividend and increased our share repurchase authorization to $40 million,” said Rob Spilman, Chairman and CEO. “Although we are in uncertain times with increased fuel costs, rampant inflation, and the war...
Longeveron Announces Fourth Quarter and Full Year 2021 Financial Results and Operational Progress
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Currently Enrolling Clinical Trials with Lomecel-B in Three Disease Indications: Hypoplastic Left Heart Syndrome (Phase 2a), Alzheimer’s Disease (Phase 2a), and Covid-related Acute Respiratory Distress Syndrome (Phase 1)
Lomecel-B for HLHS Granted Rare Pediatric Disease and Orphan Drug Designation by the US FDA
Japanese Phase 2 Aging Frailty Trial Expected to Initiate in First Half of 2022
Multiple Clinical Data Publications Expected in 2022
– Conference Call Today at 8:30 a.m. EST –
MIAMI, March 11, 2022 (GLOBE NEWSWIRE) — Longeveron Inc. (NASDAQ: LGVN) (the “Company,” “Longeveron” or “we,” “us,” or “our”), a clinical stage biopharmaceutical company developing cellular therapies for chronic, aging-related and life-threatening conditions, today reported recent business highlights and key upcoming catalysts for 2022,...
Global Technologies, Ltd and Tersus Power, Inc. Enter into Definitive Share Exchange Agreement
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ST. PETERSBURG, Fla., March 11, 2022 (GLOBE NEWSWIRE) — Global Technologies, Ltd (OTC Pink: GTLL) (the “Company”), a holding corporation, which, through its subsidiaries, has operations engaged in the online sales of CBD and hemp-related products, the acquisition of intellectual property in the safety and security space, and as a portal for entrepreneurs to provide immediate access to live shopping, e-commerce, distribution and logistics, is pleased to inform shareholders that it has entered into a Definitive Share Exchange Agreement with Tersus Power, Inc. (“Tersus Power”).
Terms
As previously announced on November 17, 2021, the Company entered into a Letter of Intent to acquire Tersus Power. On March 9, 2022, the Company entered into a Share Exchange Agreement (the “Exchange Agreement”) with Tersus Power and the Tersus Shareholders....
VitalHub Announces Multi-Year Licensing Deal With Bedfordshire Hospitals NHS Foundation Trust
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TORONTO, March 11, 2022 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSX: VHI) is pleased to announce a multi-year licensing deal of subsidiary Intouch with Health’s (“Intouch”) software solutions with Bedfordshire Hospitals NHS Foundation Trust (the “Trust” or “Bedfordshire Hospitals”). This transaction comprises the 7th Intouch with Health deal announced this quarter.
Bedfordshire Hospitals NHS Trust is a new customer of the Company, with the Trust engaging with Intouch last year to look at improving efficiencies in assisting with the management of their elective care backlog. Bedfordshire Hospitals NHS Foundation Trust is a large general hospital across two sites, Luton & Dunstable University Hospital and Bedford Hospital. The Trust provides a comprehensive range of general medical and surgical services,...
HII Names Paul C. Harris as Chief Sustainability and Compliance Officer
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Paul C. Harris
Paul C. HarrisNEWPORT NEWS, Va., March 11, 2022 (GLOBE NEWSWIRE) — Global engineering and defense technologies provider HII (NYSE:HII) announced today that Paul C. Harris has been appointed executive vice president and chief sustainability and compliance officer, reporting directly to HII President and CEO Chris Kastner on matters of sustainability.
The move expands the scope of responsibilities for Harris, who has served as HII’s chief compliance officer since 2020. In his new role he will oversee the company’s ongoing efforts to formalize and mature its strategy-driven environmental, social and governance program, in addition to overseeing matters of compliance.
“Paul has demonstrated true leadership in enhancing our culture of ethics and compliance at HII,” Kastner said. “We see sustainability as important...
TRACON Pharmaceuticals to Present at the Oppenheimer 32nd Annual Healthcare Conference
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SAN DIEGO, March 11, 2022 (GLOBE NEWSWIRE) — TRACON Pharmaceuticals (NASDAQ: TCON), a clinical stage biopharmaceutical company focused on the development and commercialization of novel targeted cancer therapeutics and utilizing a cost efficient, CRO-independent product development platform to partner with ex-U.S. companies to develop and commercialize innovative products in the U.S., today announced that Charles Theuer, M.D., Ph.D., President and Chief Executive Officer, will present a corporate overview at the Oppenheimer 32nd Annual Healthcare Conference on Wednesday, March 16, 2022 at 4:00pm Eastern Time.
To access a live webcast or replay of the presentation, please visit the “Events and Presentations” page within the “Investors” section of the TRACON Pharmaceuticals website at www.traconpharma.com.
About TRACON
TRACON develops...
Catalyst Pharmaceuticals and KYE Pharmaceuticals Announce a Second Favorable Canadian Federal Court Ruling Setting Aside Approval of Ruzurgi®
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CORAL GABLES, Fla., March 11, 2022 (GLOBE NEWSWIRE) — Catalyst Pharmaceuticals, Inc. (“Catalyst”) (Nasdaq: CPRX), a commercial-stage, patient-centric biopharmaceutical company focused on in-licensing, developing, and commercializing novel high-quality medicines for patients living with rare diseases and KYE Pharmaceuticals Inc. (“KYE”), a private company focused on bringing medications that fulfill clinically significant and unmet needs to the Canadian market, today announced receipt of a favorable decision from the Federal Court of Canada (“Court”) setting aside for the second time the decision of Canada’s national healthcare regulatory agency, Health Canada, to approve Ruzurgi® (amifampridine) for Lambert-Eaton Myasthenic Syndrome (“LEMS”) patients.
This decision sets aside the Notice of Compliance...
U.S. Court of Appeals Upholds Federal District Court’s Invalidity Ruling on Patent-Eligible Subject Matter Relating to Worlds Inc.’s Patents
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Boston, MA, March 11, 2022 (GLOBE NEWSWIRE) — The U.S. Court of Appeals for the Federal Circuit has affirmed the District Court judgement from April 30, 2021 that the claims of Worlds Inc. (OTCQB: WDDD) asserted patents are invalid under 35 U.S.C. Section 101 (§ 101) as directed to ineligible subject matter. Worlds had asked this Court to reverse an adverse District Court judgment from April 30, 2021 that favored defendants Activision Blizzard Inc., Blizzard Entertainment, Inc., and Activision Publishing, Inc.
“We are obviously disappointed in the court’s decision, which issued almost 10 years to the day that Worlds filed its lawsuit against Activision,” Worlds CEO Thom Kidrin stated. “When Worlds filed its lawsuit against the Activision entities in 2012, challenges under § 101 were rare. In the last seven years, following the...
