Month: April 2022
*** David Reardon, Luigi Naldini, Brad Loncar ***
MILAN, Italy and NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) — Genenta Science (NASDAQ: GNTA), a clinical-stage biotechnology company pioneering the development of hematopoietic stem progenitor cell immuno-gene therapy for cancer, announced it will hold a webinar entitled “Expert Perspectives: Immuno Gene & Cell Therapy for the Treatment of Solid Tumors” on Thursday, April 28, 2022 at 8:00 AM EDT / 2:00 PM CET.
In this fireside chat, Genenta is delighted to bring together renowned neuro-oncologist David Reardon, MD (Harvard Medical School, Dana-Farber Cancer Institute) and Professor Luigi Naldini, MD, PhD (San Raffaele Telethon Institute for Gene Therapy), considered by many as the “father” of lentiviral gene therapy to discuss the potential application of immuno...
Otonomy Reports Positive Top-Line Results from Phase 2a Clinical Trial of OTO-413 in Patients with Hearing Loss
Written by Customer Service on . Posted in Public Companies.
Clinical benefit again observed for OTO-413 versus placebo for multiple efficacy endpoints based on responder analysis at both Days 57 and 85
Results support clinical activity and tolerability findings from previous Phase 1/2 trial
Enrollment in higher dose cohorts is ongoing with results expected in second half of 2022
Otonomy expects to initiate full dose-ranging Phase 2 efficacy trial by the end of 2022
Management will review results during a conference call today at 8:30 a.m. ETSAN DIEGO, April 20, 2022 (GLOBE NEWSWIRE) — Otonomy, Inc. (Nasdaq: OTIC), a biopharmaceutical company dedicated to the development of innovative therapeutics for neurotology, today announced positive top-line results from the Phase 2a clinical trial of OTO-413 in subjects with hearing loss. The randomized, double-blind, placebo-controlled trial...
Achiko Secures up to USD$12.6 Million Equity and Debt Financing Lines with RiverFort Over Three Years
Written by Customer Service on . Posted in Public Companies.
ZURICH, Switzerland, April 20, 2022 (GLOBE NEWSWIRE) — Ad hoc announcement pursuant to Art. 53 LR – Achiko AG (OTCQB: ACHKF; SIX: ACHI; ISIN CH0522213468) (“Achiko”, the “Company”) announces the completion of an Equity Subscription Agreement (“ESS”) with the institutional investor RiverFort Global Opportunities PCC Limited (“RiverFort”) for the next thirty six months. The agreement provides for up to USD$10.5 million to help finance the production of AptameX™ in Indonesia and the expansion of the business operations for the continued combating of the spread and impact of Covid-19 as well as for other contemporary diagnostics solutions beyond Covid-19. The facility was arranged by the FCA regulated intermediary RiverFort Global Capital Limited based in London.
In addition to the ESS, RiverFort have entered into an unsecured loan...
Zai Lab to Announce First Quarter 2022 Financial Results on May 10, 2022
Written by Customer Service on . Posted in Public Companies.
— Company to Host Conference Call and Webcast on May 11, 2022, at 8:00 a.m. ET
SHANGHAI and SAN FRANCISCO and CAMBRIDGE, Mass., April 20, 2022 (GLOBE NEWSWIRE) — Zai Lab Limited (NASDAQ: ZLAB; HKEX: 9688), a patient-focused, innovative, commercial-stage, global biopharmaceutical company, today announced that it will report financial results and corporate updates for the three months ended March 31, 2022, after the closing of the U.S. equity markets on May 10, 2022. The Company will host a live conference call and webcast on May 11, 2022, at 8:00 a.m. ET.
Conference Call and Webcast Information
Listeners may access the live webcast by visiting the Company’s website at http://ir.zailaboratory.com. Participants must register in advance of the conference call. Details are as follows:Registration Link:
http://apac.directeventreg.com/registration/event/5185688
Conference...
The Flowr Corporation Announces Sale of Holigen Holdings for $35 million
Written by Customer Service on . Posted in Public Companies.
Highlights:Flowr has entered into a definitive agreement to sell Holigen to Akanda for aggregate consideration of approximately $35 million, including approximately $5.1 million of indebtedness being assumed by Akanda under the transaction, representing value of approximately $0.08 per share.
The proposed Transaction also resulted in the immediate funding of operating expenses at Holigen.
Flowr to preserve upside in E.U. business by receiving significant Akanda share consideration.
The proposed Transaction significantly improves Flowr’s financial position by increasing cash by approximately $4.8 million and reducing indebtedness by approximately $5.1 million.
In connection with the proposed Transaction, Akanda has agreed to subscribe for $1 million of common shares of Flowr, subject to the approval of the TSXV. The subscription ensures...
Draganfly to Speak at Law-Tech Connect™ Workshop During AUVSI XPONENTIAL 2022
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Los Angeles, CA., April 20, 2022 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce that Paul Mullen will participate in the inaugural Law-Tech Connect™ Workshop, produced by the esteemed P3 Tech Consulting LLC (“P3 Tech”).
Co-located with AUVSI XPONENTIAL 2022, the event is taking place on April 25, 2022 at the Orange County Convention Center in Orlando, Florida.
P3 Tech has partnered with the Association for Unmanned Vehicle Systems International (“AUVSI”) for XPONENTIAL 2022, the world’s premier event for unmanned systems and autonomy.
XPONENTIAL features immersive workshops in partnership with specialized organizations to provide training, in-depth insights, and solutions on targeted...
Fuel Cell Market Size to Hit USD 28.95 Billion by 2028 | Exhibit a CAGR of 36.0%
Written by Customer Service on . Posted in Mergers And Acquisitions.
The global fuel cells market is projected to surpass around USD 28.95 billion by 2028, and is expanding growth at a CAGR of 36.0% from 2021 to 2028; Increasing Focus on Reducing Greenhouse Emission to Favor Growth.Fuel Cell Market Size
Fuel Cell MarketPune, India, April 20, 2022 (GLOBE NEWSWIRE) — The global fuel cell market size is expected to showcase considerable growth by reaching USD 28.95 billion by 2028. Fortune Business Insights in its latest report, titled, “Fuel Cell Market, 2021-2028.”, mentions that the market stood at USD 2.62 billion in 2020 and is likely to exhibit an impressive CAGR of 36.0% between 2021 and 2028. Factors such as favourable government policies to support the development of advanced hydrogen refuelling infrastructure and the increasing focus on reducing the greenhouse gases effects are attributable...
Halal Nutraceuticals and Vaccines Market to grow at a 7.9% CAGR | MDC Research
Written by Customer Service on . Posted in Mergers And Acquisitions.
Halal Nutraceuticals and Vaccines Market by Type (Halal Dietary Nutraceuticals, Halal Vaccines), Application (Sports Nutrition, General Well-Being, Immune & Digestive Health, Bone & Joint Health, Heart Health, Weight Loss) – Global Analysis & Forecast 2022-2030
Pune, April 20, 2022 (GLOBE NEWSWIRE) — The global halal nutraceuticals and vaccines market is driven by rising Muslim population globally, rising demand for halal products, and increased government initiatives to promote halal products. However, lack of suitable infrastructure to avoid cross-contamination between halal and non-halal production lines, and lack of adequate halal advisory & certification agencies to approve medical products are factors restraining the market to certain extent.
Global Halal Nutraceuticals and Vaccines Market is estimated...
Nasdaq Announces 11% Increase in Quarterly Dividend, Seeks Approvals to Execute 3-For-1 Stock Split
Written by Customer Service on . Posted in Dividend Reports And Estimates.
NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) is announcing today that the Board has approved an 11% increase in the regular quarterly dividend, and that the company has begun seeking necessary shareholder and SEC approvals that would allow the company to execute a 3-for-1 stock split.
Increase in quarterly dividend:The company has declared a regular quarterly dividend of $0.60 per share on the company’s outstanding common stock, an 11% increase. The dividend is payable on June 24, 2022 to shareholders of record at the close of business on June 10, 2022. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.Planned 3-for-1 stock split:The company has announced its plan to request shareholder approval...
MarketAxess Reports First Quarter 2022 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) — MarketAxess Holdings Inc. (Nasdaq: MKTX) the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced financial results for the first quarter of 2022.
1Q22 Financial and operational highlights*Revenues of $186.1 million; second highest level ever of quarterly revenue; record U.S. Treasury, emerging markets and municipal bond revenue.
Total expenses of $98.0 million, up 7% on continued investment; up 5%, excluding acquired intangible amortization.
$105.8 million in EBITDA and EBITDA margin of 56.8%.
Diluted EPS of $1.71 includes a net $0.02 per share negative impact from tax and other, net special items; Company reconfirms full-year 2022 effective tax rate...
