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Day: June 12, 2023

Oculis Wins the 2023 Icelandic Knowledge Award from the Icelandic Association of Business and Economics

The award recognizes the OPTIREACH formulation technology developed in Oculis’ laboratory in Iceland by co-founders Professors Einar Stefánsson, and Thorsteinn Loftsson.OPTIREACH is behind Oculis’ lead candidate OCS-01, currently in Phase 3 development in patients with Diabetic Macular Edema (DME) and for the treatment of inflammation and pain following cataract surgery.The revolutionary and proprietary OPTIREACH technology enables the formulation of topical eye drops to reach the back-of-the-eye at therapeutic concentration, as shown in the recent positive and robust clinical trial results from the DIAMOND program with OCS-01 in DME.The award also recognizes the successful journey of Oculis internationally and in broadening its portfolio with other novel and promising drug candidates for eye diseases including OCS-02, a topical...

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Gorilla Technology Group Signs Heads of Terms to Acquire Bacom Internetwork

–Bolsters global expansion strategy– –Entry point to provide Smart City solutions in Thailand– LONDON, June 12, 2023 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today announced that it agreed to binding terms to acquire Bacom Internetwork, a leading pioneer, distributor and systems integrator of Smart City Infrastructure solutions in Thailand. The planned transaction is expected to close by the end of September and is subject to confirmatory due diligence, finalizing transaction documentation, and obtaining necessary local regulatory approvals. Following the completion of the transaction, Bacom will become a wholly-owned subsidiary of Gorilla. The acquisition is a significant milestone...

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Alfa Financial Software Holdings PLC OPD

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION     (a) Full name of discloser: Invesco Ltd.  (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree Alfa Financial Software Holdings PLC  (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest...

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Oncotelic Launches PR Chatbot

AGOURA HILLS, Calif., June 12, 2023 (GLOBE NEWSWIRE) — Oncotelic Therapeutics, Inc (OTCQB:OTLC) (“Oncotelic”, the “Company” or “We” or “Our”), annouces the beta unveiling of a pioneering press releases (“PR”) chatbot. This chatbot is set to redefine user interaction by providing interactive responses to all our press releases through April 24, 2023. Our PR chatbot is open to all users, with no restriction on token holder status, thus inviting everyone to experience the seamless comparison of our PR chatbot with traditional ChatGPT. You can explore this firsthand on our website, as shown below. As we refine and perfect our beta version of our PR chatbot, your insights and feedback are invaluable. We welcome your thoughts at token@pet2dao.com. “We are thrilled to introduce our second chatbot...

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Phathom Pharmaceuticals Announces FDA Acceptance of NDA Resubmission for Erosive GERD

Prescription Drug User Fee Act (PDUFA) goal date of November 17, 2023Combined launch of vonoprazan for Erosive GERD and H. pylori indications planned for Q4 2023, if approvedFLORHAM PARK, N.J., June 12, 2023 (GLOBE NEWSWIRE) — Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on developing and commercializing novel treatments for gastrointestinal diseases, today announced that the U.S. Food and Drug Administration (FDA) has acknowledged that its New Drug Application (NDA) resubmission for vonoprazan, a novel first-in-class potassium-competitive acid blocker (PCAB), for the treatment of Erosive GERD (gastroesophageal reflux disease) constitutes a complete response to the February 2023 complete response letter (CRL). The FDA has classified this as a Class 2 resubmission and assigned a Prescription...

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Virco Reports 8.7% Increase in First Quarter Revenue and 16.4% Increase in “Shipments + Backlog”

Shipments + Backlog Achieves New Record on May 31, 2023 Revenue Growth and Greater Margins Drive Improvement Operating Loss in Seasonally Light First Quarter Declines 72.3% from $4.7 million to $1.3 millionTORRANCE, Calif., June 12, 2023 (GLOBE NEWSWIRE) — Virco Mfg. Corporation (NASDAQ: VIRC), the largest manufacturer and supplier of movable furniture and equipment for educational environments in the United States, today reported financial results for the quarterly period ended April 30, 2023 (first quarter of fiscal 2024). Net Sales were $34.9 million for the first quarter of fiscal 2024, an 8.7% increase from $32.1 million for the same period of the prior fiscal year. Operating Loss in the seasonally light first quarter declined 72.3% to $1.3 million from $4.7 million in the same period of the prior year, reflecting the...

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BW Offshore: Closing of the sale of Espoir Ivoirien

Closing of the sale of Espoir Ivoirien BW Offshore has today closed the transaction for the sale of the FPSO Espoir Ivoirien to its client for a total consideration of USD 20 million. Following the transaction, BW Offshore will provide transitional O&M (Operations and Maintenance) services for a period of up to five months. For further information, please contact:Ståle Andreassen, CFO, +47 91 71 86 55Anders S. Platou, Head of Corporate Finance & Strategy, +47 99 50 47 40 IR@bwoffshore.com or www.bwoffshore.com About BW Offshore:BW Offshore engineers innovative floating production solutions. The Company has a fleet of 7 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore...

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Trailbreaker Resources Options Portion of the Eagle Lake Property to Vizsla Copper Corp.

Figure 1 Trailbreaker and Vizsla Copper claims with the optioned groundVANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) — Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the signing of an option agreement with Vizsla Copper Corp. (“Vizsla Copper”) for a portion of Trailbreaker’s Eagle Lake property. The Eagle Lake property borders Vizsla Copper’s Woodjam copper-gold porphyry project. The option deal includes four of the fourteen claims comprising Eagle Lake. The four claims account for 6,482 hectares (ha) of the 19,000 ha property (see Figure 1). Daithi Mac Gearailt, CEO of Trailbreaker, commented: “We are very pleased to come to an arrangement with Vizsla Copper. This is a win-win deal: Vizsla gets to acquire and explore ground to expand their Woodjam project, while Trailbreaker...

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Drone Industry Set to Take Off with Release of Streamlined Beyond Visual Line of Sight Regulations

With over 24 years of operations and commitment to the advancement of drones, Draganfly cites the new streamlined regulations as the seminal event for the broad integration of drones. Los Angeles, CA., June 12, 2023 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is well poised to meet the market acceleration of the evolved and newly announced regulations governing Beyond Visual Line of Sight (“BVLOS”) drone operations by the Federal Aviation Administration (“FAA”). Draganfly has been actively preparing for this evolution, ensuring it is well-positioned to be of service to its existing and future public safety-First Responder, Search & Rescue, Wildfire, Medical and Defence customers. As part of...

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Lithium Americas Announces First Lithium as Part of Commissioning at Caucharí-Olaroz

VANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to report that the Caucharí-Olaroz project (“Caucharí-Olaroz” or the “Project”) in Jujuy, Argentina has produced its first lower than battery-quality lithium carbonate as part of commissioning. Additional purification processing equipment necessary to achieve battery-quality lithium carbonate is expected to be completed in the second half of 2023, as planned. “The initial production achieved as part of commissioning is an exciting step as Caucharí-Olaroz continues to advance toward first production of battery-quality lithium carbonate,” said Jonathan Evans, Lithium Americas’ President and CEO. “Our dedicated and skilled teams continue to work diligently to progress this transformative...

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