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Day: June 21, 2022

Publication of a Company Description and Intended Listing on First North Iceland

Alvotech, a public limited liability company (société anonyme), incorporated and existing under the laws of the Grand Duchy of Luxembourg, having its registered office at 9, rue de Bitbourg, L-1273 Luxembourg, Grand Duchy of Luxembourg, and in Iceland the Company is registered with the Icelandic Reg. No. 671221-9740 (“Company” or “Alvotech”), has published a Company Description in relation to a proposed listing of the Company’s common shares (“Shares”) on the Nasdaq First North Growth Market in Iceland (“First North” or “First North Iceland”). Application has been made to list and admit all Shares to trading under the symbol ALVO. The ISIN number of the shares is LU2458332611. The total number of the Company’s issued shares is 243,649,505, each share having the nominal value of USD 0.01. The first day of trading on First North is expected...

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Arrival Van Achieves EU Certification Milestone

LONDON, June 21, 2022 (GLOBE NEWSWIRE) — Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, today announced that the Arrival Van has achieved EU certification and received European Whole Vehicle Type Approval (EUWVTA). Arrival successfully completed all the required functional and safety testing to achieve EUWVTA, which is a critical step towards starting trials with customers in the coming months. The company is expected to start production of the Van in Bicester, UK in Q3 2022. “Our customers are tremendously excited about the Arrival Van and the unique offering it provides them. With an unrivalled user experience and lower total cost of ownership it will help them accelerate their transition to zero-emission vehicles. This version of...

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NXP Extends S32 Automotive Platform with S32Z and S32E Real-Time Processor Families for New Software-Defined Vehicles

NXP Extends S32 Automotive Platform with S32Z and S32E Real-Time Processor Families for New Software-Defined Vehicles NXP Extends S32 Automotive Platform with S32Z and S32E Real-Time Processor Families for New Software-Defined VehiclesNew class of processors with critical deterministic behavior of safe MCUs, but with unparalleled combination of gigahertz speed, multi-application isolation and memory expansion capabilities Ideal for safe integration of cross-domain vehicle functions for software-defined vehicles Scalable, 16nm S32Z and S32E processor families with a roadmap to 5nm solutionsNUREMBERG, Germany, June 21, 2022 (GLOBE NEWSWIRE) — embedded world — NXP Semiconductors N.V. (NASDAQ: NXPI) has announced two new processor families that extend the benefits of NXP’s innovative S32 automotive platform with safe,...

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Juva Life Secures $11.8 Million in Financing, Enabling Expansion of Cannabis Operations, Further Clinical Research

Cannabis and Life Sciences Company Closes $11.8 Million in Non-Dilutive Debt Financing VANCOUVER, British Columbia, June 21, 2022 (GLOBE NEWSWIRE) — Juva Life Inc. (CSE: JUVA) (OTCQB: JUVAF) (FRANKFURT: 4VV) (“Juva Life,” “Juva” or the “Company”), a life science company with pharmaceutical research and development and consumer-facing operations in cannabis production and distribution, announced today that it has closed a non-dilutive financing of $11.8 million, enabling the Company to acquire its Stockton, California, facility as well as further its clinical research on its two novel compounds. The non-dilutive financing, which was closed on June 15, 2022, was facilitated by Pelorus Equity Group, who specialize in real estate debt financing solutions. The primary purpose of the financing was to provide capital to the Company to...

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Philips awarded top honor by Red Dot jury with Design Team of the Year award

Philips Ingenia MRPhilips Lumify portable ultrasoundPhilips Chief Design Officer Sean Carney receives the Red Dot Design Team of the Year 2022 awardJune 21, 2022Prestigious title awarded for the team’s multi-disciplinary and human-centered approach to designing solutions that improve people’s lives Celebratory event accompanied by presentation of awards for Philips’ three Red Dot Design ‘Best of the Best’ product ratingsAmsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that the company’s Experience Design Team has been awarded the honorary title of ‘Red Dot: Design Team of the Year 2022’. The Red Dot design organization awarded the title in recognition of the Philips Experience Design Team’s multidisciplinary approach to creating integrated solutions...

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DSV, 966 – SHARE BUYBACK IN DSV A/S

Company Announcement No. 966 On 27 April 2022, we initiated a share buyback programme, as described in Company Announcement No. 958. According to the programme, the company will in the period from 27 April 2022 until 25 July 2022 purchase own shares up to a maximum value of DKK 6,000 million, and no more than 6,000,000 shares, corresponding to 2.56% of the current share capital of DSV A/S. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules.Trading day   Number of shares bought back   Average transaction price   Amount DKK               Accumulated trading for days 1-29 2,938,210   1,101.42   3,236,195,29230: 13 June 2022   141,404   1,018.05   143,955,80531: 14...

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II-VI Incorporated and ADVA Unveil Industry’s First 100ZR Pluggable Coherent Transceiver for the Optical Network Edge

The new 100ZR C-temp- and I-temp-rated pluggable QSFP28-DCO transceiver includes Steelerton™ coherent DSP and auto-tunable Flextune™ technology PITTSBURGH and MUNICH, Germany, June 21, 2022 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leader in optical transceivers, and ADVA (FSE: ADV), a leader in open optical networking solutions, today launched the industry’s first 100ZR pluggable coherent transceiver. Jointly defined and purpose-built for the optical network edge, the coherent 100ZR transceiver is rated for both commercial- and industrial-temperature (C-temp and I-temp) operating ranges. The new 100ZR digital coherent optics (DCO) transceiver features the Steelerton™ coherent digital signal processor (DSP). Co-funded by both companies, this all-new DSP is completely unique to the marketplace. The rapid growth of...

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WTW appoints new Country Leader for Thailand

BANGKOK, Thailand, June 21, 2022 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced the appointment of Tony Kantapasara as Country Leader for Thailand effective 1 July 2022. In addition, Tony will continue in his current position as Leader for Work & Rewards Thailand in the Health, Wealth & Career business. Tony assumes the country leadership position from Philippe Robineau who will continue to focus on WTW’s operations in Vietnam as Country Leader and Head of Corporate Risk & Broking for Vietnam. Commenting on the appointment, Clare Muhiudeen, Head of Asia, WTW, said: “Tony has been instrumental in growing our Work & Rewards business in Thailand. Over the years, he has been focusing on building our business in the market, doubling the clients base...

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