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Day: March 7, 2023

Advancement in ReWalk Technology Achieves FDA Clearance as Only Personal Exoskeleton to Enable Use on Stairs and Curbs

Paralyzed individuals with spinal cord injury will have unprecedented access to walking in everyday environments as they are no longer limited when encountering stairs and curbsReWalk Users Now Able to Access Stairs and Curbs in the US A paralyzed individual walks up the stairs to visit a friend’s home using her ReWalk Personal Exoskeleton.MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILIT, Israel, March 07, 2023 (GLOBE NEWSWIRE) — ReWalk Robotics Ltd., (Nasdaq: RWLK) (“ReWalk” or the “Company”), a leading provider of innovative technologies that enable mobility and wellness in rehabilitation and daily life for individuals with neurological conditions, announced today that its innovative ReWalk Personal Exoskeleton technology has received clearance from the Food and Drug Administration (“FDA”) for use on stairs and curbs...

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Rain Oncology to Present At Oppenheimer 33rd Annual Healthcare Conference

NEWARK, Calif., March 07, 2023 (GLOBE NEWSWIRE) — Rain Oncology Inc. (NasdaqGS: RAIN), (“Rain”), a late-stage company developing precision oncology therapeutics with its lead product candidate, milademetan, an oral, small molecule inhibitor of the MDM2-p53 complex that reactivates p53, today announced that Avanish Vellanki, Chief Executive Officer of Rain, will be presenting a corporate overview at the Oppenheimer 33rd Annual Healthcare Conference on Monday, March 13, 2023, at 11:20 a.m. ET, in a virtual format. A live webcast of the presentation can be accessed here. A replay of the event will be available on the “Events” section of the Rain website after the conclusion of the event and will be archived on the Rain website at www.rainoncology.com. About Rain Oncology Inc.Rain Oncology Inc. is a late-stage precision oncology company...

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New DZS Xtreme Transport Solution Enables Service Providers to Automate and Accelerate Optical Service Deployments

Leverages recently launched Saber 4400’s powerful transport features and includes an open approach to seamlessly work across multi-vendor networks to enable end-to-end optical service orchestration and automation DALLAS, March 07, 2023 (GLOBE NEWSWIRE) — DZS (Nasdaq: DZSI), a global leader of access, optical and cloud-controlled software solutions, today announced that it has further expanded its Cloud EDGE portfolio with the launch of DZS Xtreme Transport. Along with the DZS Xtreme Access and DZS Xtreme Mobile solutions, DZS Xtreme Transport helps communications service providers accelerate deployment and streamline management of differentiating new services over next-generation, high-bandwidth and low-latency optical broadband infrastructure. The DZS Xtreme Transport solution will be highlighted at the Optical Fiber Communication...

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Viridian Therapeutics Announces Presentations at the 49th Annual Meeting of the North American Neuro-Ophthalmology Society

– Data from ongoing Phase 1/2 trial of VRDN-001 to be presented during oral platform session – – Additional poster presentations to cover trial design, early-stage clinical and mechanistic data on pipeline candidates in Company’s thyroid eye disease program – WALTHAM, Mass., March 07, 2023 (GLOBE NEWSWIRE) — Viridian Therapeutics, Inc. (NASDAQ: VRDN), a biopharmaceutical company focused on discovering and developing potential best-in-class medicines for serious and rare diseases, today announced that multiple abstracts on VRDN-001 and VRDN-002—the Company’s investigational therapies for the treatment of thyroid eye disease (TED)—will be presented at the 49th Annual Meeting of the North American Neuro-Ophthalmology Society (NANOS), to be held March 11 to 16, 2023, in Orlando, Florida. An oral presentation...

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AquaBounty Technologies Announces Fourth Quarter and Full Year 2022 Financial Results

MAYNARD, Mass., March 07, 2023 (GLOBE NEWSWIRE) — AquaBounty Technologies, Inc. (NASDAQ: AQB) (“AquaBounty” or the “Company”), a land-based aquaculture company utilizing technology to enhance productivity and sustainability, today announced the Company’s financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter and Full Year 2022 Highlights and Recent DevelopmentsGenerated $451 thousand in product revenue in the fourth quarter, a year-over-year increase of 8% as compared to $418 thousand in the fourth quarter of 2021. For the year ended December 31, 2022, product revenue totaled $3.14 million, a year-over-year increase of 167% as compared to $1.17 million in 2021. Net loss in the fourth quarter was flat at $6.07 million for both 2022 and 2021. For the year ended December 31, 2022, net loss...

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Optinose Reports Fourth Quarter and Full Year 2022 Financial Results and Recent Operational Highlights

Company reports fourth quarter and full year 2022 XHANCE net revenue of $20.9 million and $76.3 million Company submitted sNDA for XHANCE label expansion in February 2023 Physicians diagnose chronic sinusitis 10 times more frequently than XHANCE’s current nasal polyps indication and there is no FDA-approved medication for these patients Conference call and webcast to be held today at 8:00 a.m. Eastern Time YARDLEY, Pa., March 07, 2023 (GLOBE NEWSWIRE) — Optinose (NASDAQ:OPTN), a pharmaceutical company focused on patients treated by ear, nose and throat (ENT) and allergy specialists, today reported financial results for the quarter and year ended December 31, 2022, and provided recent operational highlights. “Our strategic focus for 2023 is on working to secure the first-ever drug approval for patients with chronic sinusitis,”...

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Alaunos Therapeutics Reports Fourth Quarter and Full Year 2022 Financial Results

Generated cutting-edge translational data demonstrating safety, persistence and functionality of infused TCR-T cells in the tumor microenvironment; provides support for next generation TCR-T effortsAdvancing TCR-T Library Program towards Phase 2 readiness with accelerated patient enrollment following proof-of-concept of Sleeping Beauty TCR-T in solid tumors targeting driver mutationsExpanded TCR library with two new TCRs; expect to increase to 15 TCRs using hunTR® TCR discovery platform in 2023Executing against multi-pronged manufacturing strategy; completed transition from fresh to cryopreserved cell product to increase treatment flexibility and reduce manufacturing process timeCompany to host conference call today at 8:30 a.m. ETHOUSTON, March 07, 2023 (GLOBE NEWSWIRE) — Alaunos Therapeutics, Inc. (“Alaunos” or the...

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Voyager Therapeutics Reports Fourth Quarter and Full Year 2022 Financial and Operating Results

– Transformational progress in 2022 marked by reprioritization of high-value neurology pipeline and validation of TRACER™ novel capsid platform through transactions with Pfizer and Novartis – – Partnering momentum continues into 2023 with $175 million payment associated with Neurocrine Biosciences strategic collaboration followed by $25 million payment triggered by Novartis capsid license option exercise – – Development candidate selected in tau antibody program for Alzheimer’s disease; development candidate selection in gene therapy program for ALS expected in H1 2023; expected IND filings for both programs on track for 2024 – – Voyager initiates new early research initiative combining an siRNA tau knockdown payload with an intravenously delivered TRACER capsid for Alzheimer’s disease...

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Latham Group, Inc. Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

Introduces Full Fiscal Year 2023 Outlook; Provides Guidance for First Quarter Fiscal 2023 LATHAM, N.Y., March 07, 2023 (GLOBE NEWSWIRE) — Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced financial results for the fourth quarter and full fiscal year 2022 ended December 31, 2022. Fourth Quarter Fiscal 2022 Highlights:Net sales of $107.9 million, down 22.3% year-over-year Net loss of $19.0 million versus net loss of $6.0 million in the prior year period, representing a 17.6% net loss margin Adjusted EBITDA of $4.4 million versus $27.3 million in the prior year period, representing a 4.1% Adjusted EBITDA marginFull Year Fiscal 2022 Highlights:Net sales...

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Red Cat Holdings Reports Financial Results for Fiscal Third Quarter 2023 and Provides Corporate Update

SAN JUAN, Puerto Rico, March 07, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a military technology company integrating robotic hardware and software to protect and support the warfighter, reports its financial results for the fiscal quarter ended January 31, 2023 and provides a business update. Operational Highlights:Red Cat partners with Athena AI for artificial intelligence and computer vision on new Teal 2 military droneRed Cat Holdings CEO to Visit NATO Countries for Talks on Military Drone Support for UkraineUtah Governor Visits Red Cat Holdings Subsidiary Teal Drones to Discuss State Support for Local Defense IndustryTeal Drones Enhances Low-Light Navigation Through New Partnership With ImmervisionSkypersonic Delivers Drones, Rover, and Piloting Platform to NASA’s Simulated...

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