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Month: September 2022

Ocuphire Expands Medical Advisory Board with Seven New KOLs and Strengthens Leadership Team

FARMINGTON HILLS, Mich., Sept. 29, 2022 (GLOBE NEWSWIRE) — Ocuphire Pharma, Inc. (Nasdaq: OCUP), a clinical-stage ophthalmic biopharmaceutical company focused on developing and commercializing therapies for the treatment of refractive and retinal eye disorders, today announced that it has appointed seven new Key Opinion Leaders (KOLs) across retina, cornea/refractive, and medical optometry to its Medical Advisory Board (MAB). In addition, Ronil Patel, M.S. has been promoted to Vice President, Business Development and Market Strategy. “The collective and extensive clinical experience on landmark ophthalmic trials over decades is central to this accomplished group of advisors being added to our MAB. Their guidance will be invaluable as we advance our late-stage candidates Nyxol and APX3330 through important clinical and regulatory...

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Elanders – new call-in details for the conference call in connection with the Quarterly Report January-September 2022

Elanders will issue its Quarterly Report for the third quarter 2022 on Monday October 17 at 13:00 CET, followed by a conference call at 15:00 CET, hosted by President and CEO Magnus Nilsson and CFO Andréas Wikner. We invite fund managers, analysts and the media to participate in the conference call. The call-in details for the conference call have been updated. Please use one of the phone numbers below and dial in 5-10 minutes prior to the start time to join the conference call: Sweden: +46 (0) 8 5051 0086Germany: +49 (0) 211 8822 8324UK: +44 (0) 33 0551 0211USA: +1 646 843 4609 Participant code: 1948496# Agenda14:50 Conference number is opened 15:00 Presentation of quarterly results15:20 Q&A16:00 End of the conference During the conference call a presentation will be held. To access the presentation, please use this link: https://www.elanders.com/presentations For...

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Journal of Precision Medicine publication confirms GeneType Risk Test outperforms traditional risk assessments for breast cancer

MELBOURNE, Australia, Sept. 29, 2022 (GLOBE NEWSWIRE) — Genetic Technologies Limited (ASX: GTG; NASDAQ: GENE, “Company”, “GTG”), a global leader in genomics-based tests in health, wellness and serious disease is delighted to announce the recent publication of a paper in the Journal of Precision Medicine authored by GTG science team members, Dr Erika Spaeth, Director of Clinical Affairs, Dr Richard Allman, Chief Scientific Officer, and Dr Gillian Dite, Senior Biostatistician. Publication highlights:Publication highlights the utility of GeneType Risk Prediction Tools in Precision Medicine Paper outlines the utility accepted for publication in Journal of Precision Medicine1 Publication highlights the importance of incorporating risk stratification in preventative care GeneType Risk Assessment Test outperforms traditional risk assessments...

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Zscaler Acquires ShiftRight to Integrate Security Workflow Automation Technology into the Zero Trust Exchange Platform

ShiftRight’s Security Workflow Automation Strengthens Zscaler’s Cloud Security Platform by Simplifying Security Operations and Enabling Visibility into Security Posture SAN JOSE, Calif., Sept. 29, 2022 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced it has completed its acquisition of ShiftRight, a leader in closed loop security workflow automation. ShiftRight’s workflow automation technology is currently being integrated into the Zscaler Zero Trust Exchange™ cloud security platform to automate security management for the growing influx of risks and incidents organizations are experiencing. This integration will provide a simple, sophisticated solution to reduce incident resolution time dramatically. “I am excited to welcome the ShiftRight team into the Zscaler family,” said Jay Chaudhry,...

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Bicycle Market Size to Grow Worth USD 127.83 Billion at a CAGR of 6.5% by 2029 | Fortune Business Insights

According to Fortune Business Insights, the global bicycle market size is projected to grow from USD 82.50 billion in 2022 to USD 127.83 billion in 2029, at CAGR of 6.5% during forecast period. Rising usage of bikes in commute to augur market growth. Pune, India, Sept. 29, 2022 (GLOBE NEWSWIRE) — The global bicycle market to grow at a CAGR of 6.5% and reach USD 127.83 billion during forecast period of 2022-2029. The market was valued USD 78.33 billion in 2021. The market growth is attributed to factors such as the surging government emphasis on spending on the progress of cycling infrastructure is estimated to thrust the implementation of bikes among the populace. Key Industry Development April 2022: Hero International (HIT), a part of India’s Hero Motors Company (HMC), declared that it is involving a novel assembly division in...

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Worthington Reports First Quarter Fiscal 2023 Results

COLUMBUS, Ohio, Sept. 29, 2022 (GLOBE NEWSWIRE) — Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $1.4 billion and net earnings of $64.1 million, or $1.30 per diluted share, for its fiscal 2023 first quarter ended August 31, 2022. In the first quarter of fiscal 2022, the Company reported net sales of $1.1 billion and net earnings of $132.5 million, or $2.55 per diluted share. Results in both the current and prior year quarter were impacted by certain unique items, as summarized in the table below. (U.S. dollars in millions, except per share amounts)    1Q 2023     1Q 2022      After-Tax     Per Share     After-Tax     Per Share  Net earnings   $ 64.1     $ 1.30     $ 132.5     $ 2.55  Incremental expense related to Level5 earnout     0.4       0.01       –       –  Impairment and...

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Energy as a Service Market worth $105.6 billion by 2027 – Exclusive Report by MarketsandMarkets™

Chicago, Sept. 29, 2022 (GLOBE NEWSWIRE) — Energy as a Service Market is projected to grow from USD 64.7 billion in 2022 to USD 105.6 billion by 2027, at a CAGR of 10.3% according to a new report by MarketsandMarkets™. Increasing distributed energy resources, new revenue generation streams for utilities, availability of federal and state tax benefits for energy-efficiency projects and decreasing cost of renewable power generation and storage solutions are driving the demand for energy as a service globally. Due to the manufacturing advances and various technological improvements, the costs of various renewables and storage systems such as solar PVs, fuel cells, grid-based energy storage, especially batteries, and combined heat and power declined significantly in the recent times. The decreasing costs of solar PV are encouraging...

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StorageVault Completes the Purchase of Asset

TORONTO, Sept. 29, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that, further to its May 12, 2022 and June 30, 2022 news releases, it has completed the acquisition of the one remaining transaction announced on May 12, 2022 (the “Acquisition”). The $4.1 million purchase price for the Acquisition, subject to customary adjustments, was paid with funds on hand. With this Acquisition, StorageVault has now closed $217.7 million of acquisitions, to date, this year. About StorageVault Canada Inc.StorageVault, before the completion of the Acquisitions, owns and operates 236 storage locations across Canada. StorageVault owns 204 of these locations plus over 4,500 portable storage units representing over 11.3 million rentable square feet on over 660 acres of land. StorageVault also provides...

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EV Technology Group Announces Completion of Acquisition of Portfolio of Iconic Automotive Brands of Ford, Maserati and Ferrari Coach Builders

The acquisition of Officine Stampaggi Industriali, Fantuzzi, Marazzi and Brewster & Co. further solidifies EV Technology Group’s mission of electrifying iconic brandsMarazzi, Fantuzzi, Brewster & Co and Officine Stampaggi Industriali – joining the EV Technology Group portfolio of strategic brands Marazzi, Fantuzzi, Brewster & Co and Officine Stampaggi Industriali – joining the EV Technology Group portfolio of strategic brandsTORONTO, Sept. 29, 2022 (GLOBE NEWSWIRE) — EV Technology Group Ltd. (the “Company” or “EV Technology Group”) (NEO: EVTG, OTCQB: EVTGF, DE: B96A) announces that it has completed its acquisition of 1000310362 Ontario Inc. (the “Target”), previously announced by the Company on September 16, 2022 (the “Acquisition”). The Target holds a portfolio of intellectual property including...

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PharmaTher Provides Business Highlights and Releases Audited Annual Financials for Fiscal Year Ended May 31, 2022

Nearly $12 million in cash and investment Fully funded for the Company’s development programs, including ketamine injection and infusion products, ketamine microneedle patch and ketamine wearable pump device for mental health, neurological, and pain disorders Seeking FDA approval for the Company’s ketamine injection and infusion products for anesthesia and procedural sedation in 2023 TORONTO, Sept. 29, 2022 (GLOBE NEWSWIRE) — PharmaTher Holdings Ltd. (the “Company” or “PharmaTher”) (OTCQB: PHRRF) (CSE: PHRM), a specialty pharmaceutical company focused on developing and commercializing novel uses and delivery forms of ketamine to treat mental health, neurological and pain disorders, today released business highlights and audited financial results for its fiscal year ended May 31, 2022. All amounts in this press release are in Canadian...

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