Month: June 2022

Gloperba is an FDA-approved, oral medication for treating painful gout flares in adults. Gout is a painful arthritic disorder affecting an estimated 8.7 million people in the United States1. As gout cases increase every year, treatment requirements increase. The gout treatment market is large and projected to be $8.3 billion in the US by 2025 and has a compound annual growth rate of 16% with a well-defined area of unmet need. Scilex is well-positioned to market and distribute Gloperba:Scilex has a direct distribution network to national and regional wholesalers and pharmacies throughout all US states. Scilex has a very experienced commercial and managed care team that has successfully launched and grown market access for ZTlido (lidocaine topical system) to about 200 million covered lives in the US.PALO ALTO, Calif., June 14, 2022...

New York, NY, June 14, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today announced the company’s revenue for the month of May is $6.9 million based on preliminary accounting. The company’s year-to-date (YTD) revenue through the end of May based on the preliminary accounting is over $33 million representing an increase of 39% over the approximate $24 million realized in the same period the previous year. Beginning this month in June, iQSTEL will start to realize the revenue generated by the recent Smartbiz and Whisl acquisitions.  Combined, the two acquisitions are anticipated to add $11.6 million in annual revenue and $1.34 million in positive net income. The iQSTEL Q2 and Q3 financial reports will reflect the contribution of the two acquisitions. The company continues to work on the recently announced opportunity to add...

THOMASVILLE, GA, June 14, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – GGTOOR, Inc. (OTCMKTS:GTOR) (“GGTOOR, Inc.”, “GTOR”, or the “Company”), an emerging leader in the eSports markets, announced this morning’s scheduled Zoom Call failed due to a car crash knocking out internet service at the location where the call was being made. John V Whitman Jr., had this to say: “I am sincerely sorry this happened but it was out of my control. I have rescheduled the call for tomorrow morning, June 15, 2022, at 9:00 AM EST for those who would like to join. The Call coordinates are listed below.” You are invited to a Zoom webinar.  When: June 15, 2022, 09:00 AM Eastern Time (US and Canada)  Topic: John V. Whitman Jr. Web Talk Register in advance for this webinar: https://us04web.zoom.us/webinar/register/WN_pRHm4Th3T2SxgvPPpDvobw After...

ARLINGTON, Va., June 14, 2022 (GLOBE NEWSWIRE) — The Thinking Ahead Institute (TAI), an investment research and innovation members group sponsored by WTW, has released open-source computer code to empower institutional investors to think differently about investment performance and how to better report it. The code is an implementation of TAI’s fundamental return attribution (FRA) framework which is derived from its in-depth research into the separation of short-term and long-term return components of an investment strategy. The code is designed to make it easy for investment organizations to apply this framework to their own portfolios and develop more meaningful reporting tools, which, if widely adopted by the industry, would transform it. “TAI research has identified a significant long-term investment premium — up to 1.5% pa...

Pyrolysis technology developed by Vow ASA (‘Vow’) subsidiary ETIA is part of a Horizon Europe programme, aimed at qualifying plastic waste as a circular carbon feedstock for industry. The project, which is now officially confirmed and launched, is headed by Repsol, a leading and global multi-energy provider headquartered in Spain. The project involves thirteen partners from seven countries and is planned for a five-year duration (2022-2027). Its total budget is EUR 33.3 million, of which EUR 18 million will be funded by the EU. This project receives funding from the European Union’s Horizon Europe Research and Innovation programme under Grant Agreement No 101058032. “We are proud to be included in this programme and enthusiastic about its impact. The project is part of the European Commission’s concrete action plan aimed at transforming...

MOUNTAIN VIEW, Calif., June 14, 2022 (GLOBE NEWSWIRE) — Iridex Corporation (Nasdaq: IRIX), a provider of innovative ophthalmic laser-based medical products for the treatment of glaucoma and retinal diseases, today announced that it has received regulatory clearance to market and sell its Cyclo G6® platform for the treatment of glaucoma diseases in China by its National Medical Products Administration (NMPA). In accordance with the clearance, Iridex and distribution partners Topcon and Clinico will launch the Cyclo G6 system and related probes in China beginning in the third quarter of 2022.   “Achieving regulatory approval in China is an important milestone for Iridex and opens a large market for MicroPulse Transcleral Laser Therapy (TLT) and our non-incisional treatment suite. We are pleased to to offer these unique solutions...

SUNNYVALE, Calif., June 14, 2022 (GLOBE NEWSWIRE) — Barbara Maigret, Global Head of Sustainability & CSR at Fortinet“At Fortinet, we understand the importance of making sustainability integral to our business model. 2021 was the year for defining our strategy and planning the company’s journey for the medium- to long-term. With our inaugural sustainability report, we aim to increase transparency on progress to date and allow our stakeholders – including customers, partners, employees, suppliers, shareholders, and communities – to better understand our corporate social responsibility approach, leading with ambition towards a more sustainable world and safer internet.” News Summary Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, today announced its inaugural Sustainability...