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Day: May 24, 2023

Alvotech and Advanz Pharma extend strategic partnership to commercialize five proposed biosimilars in Europe

Advanz Pharma secures exclusive rights from Alvotech to commercialize five proposed biosimilars in EuropeThe agreement includes proposed biosimilars to Simponi® (golimumab), Entyvio® (vedolizumab) and three additional early-stage undisclosed biosimilar candidatesAdvanz Pharma will leverage its existing specialty and hospital capabilities in Europe to ensure successful market registration, commercialization, and patient accessREYKJAVIK, Iceland and LONDON, May 24, 2023 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide and Advanz Pharma, a UK headquartered global pharmaceutical company with a strategic focus on specialty, hospital, and rare disease medicines in Europe, today announced that the companies have entered...

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Alvotech and Advanz Pharma extend strategic partnership to commercialize five proposed biosimilars in Europe

Advanz Pharma secures exclusive rights from Alvotech to commercialize five proposed biosimilars in Europe The agreement includes proposed biosimilars to Simponi® (golimumab), Entyvio® (vedolizumab) and three additional early-stage undisclosed biosimilar candidates Advanz Pharma will leverage its existing specialty and hospital capabilities in Europe to ensure successful market registration, commercialization, and patient accessAlvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide and Advanz Pharma, a UK headquartered global pharmaceutical company with a strategic focus on specialty, hospital, and rare disease medicines in Europe, today announced that the companies have entered into an exclusive partnership agreement regarding the supply and commercialization...

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NKT invests in high-voltage power cable business to prepare for future growth and upgrades medium-term financial ambitions

Company Announcement 24 May 2023Announcement No. 18 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURE IN ACCORDANCE WITH APPLICABLE LAW NKT invests in high-voltage power cable business to prepare for future growth and upgrades medium–term financial ambitions Since March 2023, NKT has announced high-voltage project awards and firm commitments accumulating to approx. EUR 5bn. To deliver on this significant order intake as well as a continued strong market outlook, NKT will invest in additional high-voltage production and installation capabilities and capacity. This leads to an upgrade...

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Futu Announces First Quarter 2023 Unaudited Financial Results

HONG KONG, May 24, 2023 (GLOBE NEWSWIRE) — Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Operational HighlightsTotal number of paying clients1 increased 15.2% year-over-year to 1,528,103 as of March 31, 2023. Total number of registered clients2 increased 13.5% year-over-year to 3,304,758 as of March 31, 2023. Total number of users3 increased 10.5% year-over-year to 20.0 million as of March 31, 2023. Total client assets increased 20.6% year-over-year to HK$465.5 billion as of March 31, 2023. Daily average client assets were HK$453.0 billion in the first quarter of 2023, an increase of 16.7% from the same period in 2022. Total trading...

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Result of the auction of 1.75 per cent DGB 2025, 2.25 per cent DGB 2033 and 0.10 per cent DGBi 2034

Bids, sales, cut-off price, pro rata and yield are presented in the table below:           ISIN Bid mill. DKK (nominal) Sale mill.DKK (nominal) Cut-off price Pro rata Yield99 23138 DGB 1.75% 15/11/2025 1,150 300 97.31 100 % 2.89 % p.a.99 24532 DGB 2.25% 15/11/2033 950 400 95.33 100 % 2.77 % p.a.99 24458 DGBi 0.10% 15/11/2034 70 0 – – –Total 2,170 700      Settlement: 26 May 2023

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AMG Lithium and Fortum Battery Recycling Oy Sign MoU for Supply of Recycled Lithium Hydroxide

Amsterdam, 24 May 2023 — AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) announces its wholly owned subsidiary, AMG Lithium GmbH (“AMG Lithium”), has signed a non-binding memorandum of understanding (“MOU”) with Fortum Battery Recycling Oy (OMX: FORTUM), a Nordic clean energy provider. Fortum’s all new commercial scale hydrometallurgical plant in Harjavalta is able to efficiently recover valuable metals from old electric vehicle lithium-ion batteries while also recycling various waste fractions derived throughout the battery supply chain. According to the signed MoU, the lithium product recovered by Fortum Battery Recycling will be delivered to AMG Lithium for further processing. “We are very excited to be cooperating with AMG Lithium on this important project. We were looking for a partner...

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[Latest News] Pulp and Paper Market to Worth USD 372.70 Billion by 2029 | Fortune Business Insights™

The global pulp and paper market covered major segments by Category (Wrapping & Packaging, Printing & Writing, Sanitary, News Print, and Others), and Regional Forecast Pune, India, May 24, 2023 (GLOBE NEWSWIRE) — [Latest Report] from Fortune Business Insights™ states, the global pulp and paper market size was USD 351.53 billion in 2021 and is projected to grow from USD 354.39 billion in 2022 to USD 372.70 billion by 2029 at a CAGR of 0.72% during the 2022-2029 period. Pulp and paper refer to the industry and processes involved in the production of paper and related materials. It encompasses the extraction of pulp from raw materials, such as wood or recycled paper, and the subsequent manufacturing of various types of paper products. Fortune Business Insights™ publishes this information in a report titled,...

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[Latest News] PPE Industry to Worth USD 110.85 Billion by 2029 | Fortune Business Insights™

The global PPE industry report covered major segments by Product (Hand Protection, Eye & Face, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, Head Protection, and Others), By End-use Industry (Manufacturing, Construction, Automotive, Oil & Gas, Healthcare, Food, Chemical, Transportation, and Others), and Regional Forecast by 2029. Pune, India, May 24, 2023 (GLOBE NEWSWIRE) — [Latest Report] by Fortune Business Insights™ states, the global PPE industry was valued at USD 71.05 billion in 2021 and is projected to grow from USD 80.38 billion in 2022 to USD 110.85 billion in 2029, exhibiting a CAGR of 4.7% during the forecast period. Personal Protective Equipment (PPE) refers to specialized clothing, equipment, or accessories that are worn or used to protect individuals...

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SP Group A/S – Interim report – First quarter of 2023

SP Group generated revenue of DKK 707.3 million in the Q1 2023 reporting period, a decline of 1.8% from DKK 720.1 million in Q1 2022. EBITDA was down by 1.6% to DKK 127.7 million from DKK 129.7 million last year, and profit before tax fell by 17.5% to DKK 68.4 million. FY 2023 guidance is maintained. SP Group expects FY 2023 revenue to grow by 5-15% with an EBITDA margin of 16-19% and an EBT margin of 9-12%. See attachment.AttachmentMeddelelse nr. 26 – Q1 – ENG – 24 05 23

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Photocat secures repeat order in United Arab Emirates

May 24th 2023        Photocat secures repeat order in United Arab Emirates Photocat continues to expand its operation in United Arab Emirates (UAE) and secures the second sales contract worth of 130,000 EUR with the Public Listed group company ‘Fujairah Building Industries PJSC’ Roskilde, Denmark. May 24, 2023 – In continuation of Fujairah Concrete Products’ (FCP) formal market launch of the revolutionary Photocatalytic AQ Pavers in United Arab Emirates with Photocat A/S of Denmark in order to remove dangerous NOx gasses and improve air quality, we are pleased to announce the second delivery contract of our proprietary photocatalytic NOxOFF catalyst. This delivery contract has a value of 130,000 EUR. In partnership with FCP, we are proud to announce the launch of the AQ Pavers with photocatalytic coating. The pavers are designed to help...

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