Month: June 2022
BBS-Bioactive Bone Substitutes Plc, Company Announcement, Insider information, 8 June 2022 2.30 p.m. (CEST)
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BBS-Bioactive Bone Substitutes Plc’s rights issue raised gross proceeds of EUR 3.5 million
The rights issue resolved by BBS-Bioactive Bone Substitutes Plc’s (“BBS” or the “Company”) Board of Directors on 6 May 2022 (the “Offering”) has been subscribed to 77 percent. The Company raised proceeds of approximately EUR 3.5 million from the Offering before deduction of issuance costs and fees.
The Board of Directors of the Company resolved on 8 June 2022 to approve the subscriptions received in...
Passage Bio Receives FDA Clearance of IND Application for PBML04 for Treatment of Metachromatic Leukodystrophy
Written by Customer Service on . Posted in Public Companies.
• PBML04 represents the company’s fourth program to receive IND clearance
PHILADELPHIA, June 08, 2022 (GLOBE NEWSWIRE) — Passage Bio, Inc. (Nasdaq: PASG), a clinical-stage genetic medicines company focused on developing transformative therapies for central nervous system disorders, today announced that the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug (IND) application for PBML04, an adeno-associated virus (AAV)-delivery gene therapy that is being studied for the treatment of Metachromatic Leukodystrophy (MLD). MLD is a rare, fatal, pediatric, lysosomal storage disease that currently has limited available treatment options.
“We are thrilled to have received IND clearance for our program in metachromatic leukodystrophy, marking our fourth IND clearance as a company and our third pediatric lysosomal...
iSpecimen Appoints Evan Cox as Vice President of Product Management
Written by Customer Service on . Posted in Public Companies.
Industry Veteran Brings Nearly Two Decades of Experience in Healthcare Product Management to the Company
LEXINGTON, Mass., June 08, 2022 (GLOBE NEWSWIRE) — iSpecimen Inc. (Nasdaq: ISPC) (“iSpecimen” or the “Company”), an online global marketplace that connects scientists in need of biospecimens for medical research with a network of healthcare specimen providers, announced today that the Company has appointed Evan Cox as Vice President of Product Management, effective immediately. In this role, Mr. Cox will manage the growth and future development of the iSpecimen Marketplace™ platform.
“Evan’s previous experience in planning, developing and delivering technology solutions for leading healthcare organizations will prove vital as we continue to enhance and expand our Marketplace offering,” said iSpecimen Founder and CEO, Christopher...
Crinetics Presents Clinical and Research Results at ENDO 2022
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CRN04894 Selected for Oral Presentation
SAN DIEGO, June 08, 2022 (GLOBE NEWSWIRE) — Crinetics Pharmaceuticals, Inc. (Nasdaq: CRNX) announced that results from the company’s Phase 1 study of CRN04894, the company’s investigational candidate for the treatment of Cushing’s disease, congenital adrenal hyperplasia (CAH) and other conditions driven by excess adrenocorticotropic hormone (ACTH), were selected for an oral presentation at ENDO 2022, the Endocrine Society’s annual meeting. Crinetics recently reported that administration of CRN04894 reduced both serum cortisol levels and 24-hour urine free cortisol excretion in the presence of sustained, disease-like ACTH concentrations in multiple-ascending dose cohorts of a Phase 1 study.
Results from the company’s Phase 1 study of CRN04777, the company’s investigational candidate for the...
Cognition Therapeutics Announces Presentation at the Upcoming JMP Securities Life Sciences Conference
Written by Customer Service on . Posted in Public Companies.
PURCHASE, N.Y., June 08, 2022 (GLOBE NEWSWIRE) — Cognition Therapeutics, Inc. (Nasdaq: CGTX) announced that the company will participate in the JMP Securities Life Sciences Conference on June 16th. Lisa Ricciardi, Cognition’s president and CEO will be presenting an update on the company’s progress developing small-molecule therapeutics targeting age-related degenerative diseases of the central nervous system and retina. A live and archived webcast can be accessed here as well as on the company’s Events & Presentations webpage.Presentation details:Location:
Lotte New York Palace Hotel, Holmes IIDate:
Thursday, June 16Time:
12:30 PMAbout Cognition TherapeuticsCognition Therapeutics, Inc. is a clinical-stage biopharmaceutical company engaged in the discovery and development of innovative, small molecule therapeutics...
Ollie’s Bargain Outlet Holdings, Inc. Reports First Quarter Fiscal 2022 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Announces Departure of Chief Financial Officer
HARRISBURG, Pa., June 08, 2022 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the first quarter ended April 30, 2022.
First Quarter Summary:Total net sales decreased 10.1% to $406.7 million.
Comparable store sales decreased 17.3% from the prior year increase of 18.8%.
The Company opened 9 new stores and closed one store in connection with a relocation, ending the quarter with 439 stores in 29 states, a year-over-year increase in store count of 10.6%.
Operating income decreased 75.9% to $17.1 million and operating margin decreased 1,150 basis points to 4.2%.
Net income decreased 77.3% to $12.5 million and net income per diluted share decreased 76.2% to $0.20.
Adjusted net income(1) decreased 76.0% to $12.8...
Daktronics, Inc. Announces Fiscal Year and Fourth Quarter 2022 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
BROOKINGS, S.D., June 08, 2022 (GLOBE NEWSWIRE) — Daktronics, Inc. (NASDAQ – DAKT) today reported fiscal year and fourth quarter 2022 results.
Fiscal 2022 financial highlights:Fiscal net sales of $611.0 million as a result of record orders and eased pandemic related site restrictions
Operating income of $4.0 million realized through headwinds of inflation in materials, personnel and freight related expenses
Product order backlog of $472 million(1), driven by record order volume of $846.1 million(1) and softer conversion to sales due to supply chain challengesReflection on FY2022 Reece Kurtenbach, chairman, president and chief executive officer, stated, “Thank you to our Daktronics team for increasing our capacity, adjusting to the uncertain and volatile supply chain conditions, and serving our customers as our industry...
Trailbreaker Resources Completes Phase 1 Geophysical and Geochemical Surveys at Its Eakin Creek Property in South-Central BC
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VANCOUVER, British Columbia, June 08, 2022 (GLOBE NEWSWIRE) — Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the completion of its Phase 1 exploration program at their Eakin Creek property in south-central British Columbia (BC). The program was designed to evaluate the known gold showings and to help in de-risking potential future drill programs. Phase 1 consisted of an induced polarization (IP) and resistivity survey, a mobile metal ion (MMI) soil geochemical survey, prospecting and geological reconnaissance.
Details of the Phase 1 program (Results pending)11 line-kilometers of deep-penetrating IP and resistivity surveying
90 prospecting grab samples
301 soil samples undergoing MMI analysis, covering a 1.8 x 1.4-kilometre areaAbout Eakin Creek
The Eakin Creek property lies in an...
Drilling Underway for 24,000 Meter Program at Goliath’s Extensive New High-Grade Gold-Silver Discovery in the Golden Triangle, B.C.
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Infographic 1
Infographic 1Infographic 2
Infographic 2Newly Discovered Surebet Zone & New Extension Target Highlights:Fully funded 24,000 meter drilling campaign is underway totaling 85 holes from 24 separate drill pad locations with four diamond drill rigs.The 2022 campaign will include resource level infill drilling as well as targeting the outer extremities of the known gold- silver zone down-dip to trace the extent of this extensive high grade system that remains open.An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/cae6ef0e-5738-4184-bf75-7d45fd0847dc 100% of all 24 holes drilled during the 2021 maiden campaign totalling 5,332 meters intersected significant widths of high-grade gold-silver mineralization over 1 km of strike and confirmed 1.1 km of down dip extent:GD-21-03...
Vir Biotechnology Announces Multiple Abstracts Highlighting New Hepatitis B Data Accepted for Presentation at the International Liver Congress™ 2022
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SAN FRANCISCO, June 08, 2022 (GLOBE NEWSWIRE) — Vir Biotechnology, Inc. (Nasdaq: VIR) today announced that three abstracts highlighting data from its hepatitis B virus (HBV) program have been accepted for one oral and two poster presentations at the International Liver Congress™ 2022 (ILC), the Annual Meeting of the European Association for the Study of the Liver (EASL), taking place in London and online June 22-26.
The oral presentation will highlight new dose and duration data from a Phase 2 trial evaluating VIR-2218, an investigational HBV-targeting small interfering ribonucleic acid (siRNA) that mediates RNA interference, for the potential functional cure of chronic HBV infection.
One poster presentation will highlight dose-dependent durability data from a Phase 1 trial of VIR-3434, an investigational HBV-neutralizing monoclonal...
