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Day: April 3, 2023

BioCorRx Provides Business Update for 2022

Revenue Increases 343% for 2022 Due to Increased Number of Patients Treated at Licensed Clinics ANAHEIM, CA, April 03, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — BioCorRx Inc. (OTCQB: BICX) (the “Company”), a developer and provider of innovative treatment programs for substance abuse and related disorders, today provided a business update for the year ended December 31, 2022 and reported on recent corporate developments. Lourdes Felix, CEO, CFO and Director of BioCorRx Inc., commented, “2022 was a transformative year for BioCorRx, as we made significant progress advancing the Phase I clinical trial of BICX104, an implantable biodegradable naltrexone pellet for the treatment of opioid use disorder (OUD). We recently announced, interim positive safety and pharmacokinetic (PK) results for the trial at the 4th Annual NIH HEAL...

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Entity Formation Could Provide Small Business Owners With Stronger Personal Liability Protection and Potential Tax Savings

Small business owners can get started in as little as 10 minutes with Block Advisors Business Formation KANSAS CITY, Mo., April 03, 2023 (GLOBE NEWSWIRE) — More than 5 million businesses were formed in the U.S. in 20221; a survey2 recently conducted by Block Advisors, a part of H&R Block (NYSE: HRB), revealed that small business owners believe forming an entity is important for several reasons, including limited liability protection. Why is this? Because in many cases, an LLC can reduce or even eliminate personal responsibility for certain business liabilities so that personal assets (such as a personal home and savings) can be more secure. Forming an LLC and taking an S Corp election also offers the potential for future tax savings, which could mean more money in small business owners’ pockets.3 In addition, it gives business...

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Blue Star Foods Reports Preliminary Unaudited Full Year 2022 Growth of 20% to Approximately $12.0 Million Revenue

Miami, FL, April 03, 2023 (GLOBE NEWSWIRE) — Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce preliminary unaudited fourth quarter and full year 2022 revenue growth of 22% to approximately $2.0 million and 20% to approximately $12.0 million, respectively. Blue Star expects to file its annual report on Form 10-K by April 17, 2023, within the timing of the extension it filed last week. John Keeler, Executive Chairman and CEO of Blue Star Foods, commented, “We are pleased with our finish in 2022, as our business has returned to growth following a slowdown from the Covid-19 pandemic. We have witnessed increased demand from our retail...

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GeneDx Appoints Devin K. Schaffer, J.D., M.B.A, as General Counsel

Devin K. Schaffer, J.D., M.B.A, General Counsel, GeneDx GeneDx (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic and clinical insights, today announced that Devin K. Schaffer has been appointed General Counsel, effective April 24, 2023. As a member of the executive leadership team, Devin will report directly to Katherine Stueland, President and CEO, and will be responsible for all legal, compliance, and regulatory activities for GeneDx.STAMFORD, Conn., April 03, 2023 (GLOBE NEWSWIRE) — GeneDx (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic and clinical insights, today announced that Devin K. Schaffer has been appointed General Counsel, effective April 24, 2023. As a member of the executive leadership team, Devin will report directly to Katherine Stueland, President...

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Vaccinex Announces Private Placement with Commitments of $5.0 Million

ROCHESTER, N.Y., April 03, 2023 (GLOBE NEWSWIRE) — Vaccinex, Inc. (Nasdaq: VCNX) (“Vaccinex” or the “Company”), a clinical-stage biotechnology company pioneering a differentiated approach to treating neurodegenerative disease and cancer through the inhibition of SEMA4D, announced that on March 30, 2023 the company closed the private placement of an aggregate of 4,975,608 shares of its common stock at a purchase price of $0.41 per share for aggregate gross proceeds of $2.04 million. No warrants, derivatives, or financial covenants are associated with the private placement. Participants in the private placement included entities controlled by Dr. Maurice Zauderer, President and CEO of Vaccinex and a member of the board of directors, and Albert D. Friedberg, Chairman of Vaccinex’s board of directors. These investors purchased an aggregate...

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Healthier Choices Management Corp. Reports Fourth Quarter 2022 Financial Results and Full Year Fiscal 2022 Results

–Fourth Quarter Sales of $12.3 Million, Up 285%, and Gross Profit of $4.0M Up 321%, over Q4 2021 -Full Year Sales of $29.3 Million, Up 120%, and Gross Profit of $10.2 Million Up 93%; over 2021 HOLLYWOOD, FL, April 03, 2023 (GLOBE NEWSWIRE) — Healthier Choices Management Corp. (OTC Pink: HCMC) today announced financial results for the fourth quarter and the twelve-months ended December 31, 2022. Fourth Quarter 2022 Results and Recent Highlights:Net sales from operations for the three-month period ended December 31, 2022, amounted to $12.3 million, compared to $3.2 million, an approximately $9.1 million and 285% increase versus the same period in 2021. Gross Profit from Operations increased by approximately $3.1 million for the three-month period ended December 31, 2022, amounting to $4.0 million, compared to $1.0 million...

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TOP Ships Inc. Announces Filing of 2022 Annual Report on Form 20-F

ATHENS, Greece, April 03, 2023 (GLOBE NEWSWIRE) — TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today that its annual report on Form 20-F for the year ended December 31, 2022 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company’s website, www.topships.org, or on the website of the Commission, www.sec.gov. About TOP Ships Inc. TOP Ships Inc. is an international ship-owning company.For more information about TOP Ships Inc., visit its website: www.topships.org. Forward-Looking Statements Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe...

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Palisade Bio Announces $6 Million Registered Direct Offering and Concurrent Private Placement Priced Above Market Under Nasdaq Rules

Carlsbad, CA, April 03, 2023 (GLOBE NEWSWIRE) — Palisade Bio, Inc. (Nasdaq: PALI), a biopharmaceutical company advancing therapies for acute and chronic gastrointestinal (GI) complications, is announcing today that it has entered into definitive agreements with institutional investors for the purchase of 2,272,723 shares of common stock (or certain pre-funded warrants in lieu thereof) in a registered direct offering and concurrent private placement, at a purchase price per share of $2.64. Certain investors will receive a portion of their investment in unregistered shares or unregistered pre-funded warrants in the private placement in lieu of registered common stock. Ladenburg Thalmann & Co. Inc. is acting as the exclusive placement agent for the registered direct and private placement offerings. Palisade Bio intends to use...

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Stryve Foods, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Results

Full Year’22 Sales of $29.9M, Q4 Net Loss to $4.5M and Adjusted EBITDA Loss of $3.5M2022 Transformational Turnaround Positions Company for Accelerated Sales and Margins2023 Net Sales Guidance in a Range of $28.0M to $34.0M PLANO, Texas, April 03, 2023 (GLOBE NEWSWIRE) — Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three and twelve months ended December 31, 2022. Chris Boever, Chief Executive Officer, commented, “Our 2022 transformation is progressing as planned. As we discussed last quarter, simplifying our business, executing pricing actions and attacking operating expenses were...

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Extracorporeal Membrane Oxygenation Machine Market Size to Reach USD 681.8 Million, at a 4.1% CAGR by 2030

According to Fortune Business Insights, the global extracorporeal membrane oxygenation machine market size is projected to reach USD 681.8 Million in 2030, at a CAGR of 4.1% during the forecast period, 2023-2030 Pune, India, April 03, 2023 (GLOBE NEWSWIRE) — The global Extracorporeal Membrane Oxygenation (ECMO) machine market size stood at USD 495.6 million in 2022. The market is slated to grow from USD 513.3 million in 2023 to USD 681.8 million by 2030, exhibiting a CAGR of 4.1% over the estimated period. The growth is being impelled by the surging demand for long-term circulatory support in cardiac and chronic respiratory disorders. This information is provided by Fortune Business Insights™ in its research report, titled “Extracorporeal Membrane Oxygenation (ECMO) Machine Market, 2023-2030”. Key Industry Development: June...

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