Month: April 2023

Annual revenue expected to exceed US$107 million for fiscal year ended March 31, 2023, an all-time record, including fiscal Q4 2023 revenue of at least US$28 million TORONTO and CHICAGO, April 11, 2023 (GLOBE NEWSWIRE) — Medexus Pharmaceuticals (TSX: MDP; OTCQX: MEDXF) is pleased to announce preliminary revenue estimates for the company’s fourth fiscal quarter and full fiscal year ended March 31, 2023, and, in addition, is providing an additional business update to shareholders and other stakeholders. All dollar amounts in this news release are in US dollars unless specified otherwise. Preliminary revenue estimates for fiscal year 2023 and fiscal Q4 2023 Medexus expects to deliver total revenue between $107 million and $108 million for fiscal year 2023, representing record annual revenue for Medexus and a year-over-year increase...

Pivotal Phase 3 trial of MVA-BN® RSV has accrued enough cases required for efficacy analysis Topline results expected around mid-2023COPENHAGEN, Denmark, April 11, 2023 – Bavarian Nordic A/S (OMX: BAVA) announced today that the Phase 3 clinical trial of MVA-BN® RSV, the Company’s investigational vaccine for the prevention of respiratory syncytial virus (RSV) in adults ≥60 years of age, has now accrued the number of cases required to complete the primary efficacy analysis, which is expected around mid-2023. Adjudicated data have confirmed enough cases with both 2+ symptoms and 3+ symptoms as required in the trial. The global, randomized, placebo-controlled, double-blind Phase 3 VANIR clinical trial has enrolled more than 20,000 participants across more than 100 centers in the U.S. and Germany. The primary objective of the study will...

The election period for KommuneKredit’s Board of Directors follows the election period for municipal and regional councils staggered by 5 months. The current election period runs from 1 June 2022 to 31 May 2026. 6 board members are elected by the municipalities, 2 by the regions and 2 independent members – possessing qualifications within accounting, auditing, financial or risk management – are elected by the Board of Directors. As of 1 April 2023, the composition of the Board of Directors will change as follows: Martin Geertsen (Capital Region of Denmark) has resigned from the Board of Directors in accordance with KommuneKredits articles of association section 13 subsection 1 due to his resignation from the regional council. As of 1 April 2023, the regions have elected regional council member Carsten Scheibye, (Capital Region of Denmark)...

An Emerging Markets News Commentary ORLANDO, Fla., April 11, 2023 (GLOBE NEWSWIRE) — Previously, we introduced Kisses From Italy Inc. (OTCQB:KITL), a publicly listed U.S.-based company, restaurant chain operator, franchisor, and product distributor with locations in the United States, Canada and Europe, and its partnership with celebrity chef, Food Network Star, restaurateur and cookbook author Scott Conant. Now, it is time for the company’s current advisor, Fransmart, to have the spotlight. Fransmart is a global leader in franchise development, selling over 5,000 franchises worldwide and turning emerging restaurant concepts into national and global brands for 20 years. The company serves as Kisses From Italy’s current advisor and exclusive global developer and representative, aiding brand development and growth. Fransmart’s website...

HOUSTON, April 11, 2023 (GLOBE NEWSWIRE) — Aravive, Inc. (Nasdaq: ARAV, “the Company”), a late clinical-stage oncology company developing targeted therapeutics to treat metastatic disease, today announced the appointment of Carolina Petrini as the Company’s new Chief Commercial Officer effective April 10, 2023. Ms. Petrini brings over two decades of experience in developing pre-commercial, launch readiness and commercial strategies, building and leading high-performing commercial teams. “We are delighted to welcome Carolina as our new Chief Commercial Officer,” said Gail McIntyre, Ph.D., DABT, Chief Executive Officer of Aravive. “With her extensive experience in oncology and exceptional track record of success in developing global commercial and launch strategies, we are confident that she will be a valuable asset to Aravive as...

HAMILTON, Bermuda, April 11, 2023 (GLOBE NEWSWIRE) — Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the publication of their 2022 Sustainability Report, which can be accessed on the Teekay Group’s website by clicking here. In addition, the Teekay Group has released their Annual Reports on Form 20-F for the fiscal year ended December 31, 2022 (Annual Reports), each of which has been filed with the U.S. Securities and Exchange Commission and can be accessed at www.teekay.com, in the “Investors” section under “Financials and Presentations” for each respective entity. Shareholders may also request hard copies of the Annual Reports, which include the Teekay Group’s complete 2022 audited financial statements, free of charge, by contacting Investor...

Figure 1: Regional Map of GFG Gold Projects in the Timmins Gold District GFG Resources Inc. Gold Projects in the Timmins Gold DistrictFigure 2: Goldarm Property Plan View Map GFG Resources Inc. Goldarm Property MapFigure 3: Montclerg Gold Project Plan View Map GFG Resources Inc. Montclerg Gold Project MapFigure 4: Aljo Target Plan View Map(1) GFG Resources Inc. Aljo Gold Target MapKEY HIGHLIGHTS:First pass drilling at the Aljo Mine Target (“Aljo”) successfully returned high-grade gold intervals at shallow depths across multiple vein systems along with broader intervals of low-grade mineralization.ALJ-22-002: 3.03 grams per tonne gold (“g/t Au”) over 12.9 metres (“m”) including 59.80 g/t Au over 0.60 m and 6.58 g/t Au over 4.3 m including 27.4 g/t Au over 1.0 mHole MTC-22-044 successfully confirmed gold mineralization...