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Month: July 2023

Fiberglass Market to Worth USD 18.26 Billion by 2030 | Fortune Business Insights™

The global fiberglass market covered major segments by Glass Type (E-Glass and Specialty), By Product (Glass Wool, Yarn, Roving, Chopped Strands, and Others), By Application (Transportation, Building & Construction, Electrical & Electronics, Pipe & Tank, Consumer Goods, Wind Energy, and Others), and Regional Forecast, 2023-2030 Pune, India, July 17, 2023 (GLOBE NEWSWIRE) — The global fiberglass market size was valued at USD 12.58 billion in 2022 and is expected to be worth USD 13.15 billion in 2023. The market is projected to reach USD 18.26 billion by 2030, recording a CAGR of 4.8% during the forecast period. Fiberglass is mainly made from thin fibers of glass and used as a reinforcement material or woven layer in several sectors ranging from automotive to construction. Some of the key components that are used to...

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Cannabis Market to Hit USD 444.34 Billion by 2030 | At 34.03% CAGR

Key companies covered in cannabis market are Aurora Cannabis, Aphria Inc, Canopy Growth Corporation, MedReleaf Corp., Cronos Group Inc., GW Pharmaceuticals. plc., CannTrust Holdings Inc., VIVO Cannabis Inc., Tilray, and others Pune, India, July 17, 2023 (GLOBE NEWSWIRE) — The global cannabis market size was valued at USD 43.72 billion in 2022 and is anticipated to expand from USD 57.18 billion in 2023 to USD 444.34 billion by 2030, exhibiting a CAGR of 34.03% over the forecast period. The surge is driven by the increasing recognition of the product considering its therapeutic applications and legitimate medicinal benefits.   Get a Free Sample Research PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cannabis-marijuana-market-100219 List of Key Players Mentioned in the Cannabis Market Report:Aurora Cannabis...

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Fingerprints strengthens its financial position and ability to invest in growth areas through an issue of convertible bonds of at least MSEK 160 and a guaranteed rights issue of MSEK 180 and decides on an early redemption of its bond loan

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS), AUSTRALIA, JAPAN, CANADA, HONG KONG, NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR OTHER ACTION UNDER APPLICABLE LAW. OTHER RESTRICTIONS APPLY. PLEASE SEE THE “IMPORTANT INFORMATION” SECTION AT THE END OF THIS PRESS RELEASE. The board of Fingerprint Cards AB (publ) (“Fingerprints” or the “Company”) has decided on an early redemption of the Company’s outstanding bond loan of MSEK 300 through a new financing amounting to at least MSEK 340 with an option to increase up to MSEK 430. As a result of the challenging market in which the Company has operated since Covid-19, the outstanding bond...

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Danone: Update from Danone on its operations in Russia

Press release – Paris, July 16, 2023 Update from Danone on its operations in Russia Danone has taken note of the decision of the Russian authorities aiming at placing Danone Russia under temporary external administration of the Russian authorities1. Danone is currently investigating the situation. On October 14, 2022, Danone launched a process to transfer the control of its EDP Business in Russia, which was progressing according to the expected schedule. Danone is preparing to take all necessary measures to protect its rights as shareholder of Danone Russia, and the continuity of the operations of the business in the interest of all stakeholders, in particular its employees. This decision has no impact on Danone’s financial guidance for 20232. o o O o o FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements...

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Vivoryon Therapeutics N.V. Shares Clinical Development Update Highlighting Progress of N3pE-Amyloid-targeting Small Molecule Varoglutamstat in Alzheimer’s Disease

Vivoryon Therapeutics N.V. Shares Clinical Development Update Highlighting Progress of N3pE-Amyloid-targeting Small Molecule Varoglutamstat in Alzheimer’s DiseaseSmall molecule varoglutamstat, with potential for meaningful safety and ease of use advantages over antibody-based therapies, continues to show encouraging safety data at therapeutic dose of 600 mg twice daily, a dose demonstrated to result in nearly 90% target occupancy VIVIAD data presented at AAIC 2023 demonstrate that WAIS-IV Coding test as an inclusion criterion successfully ensures recruitment of patients with early AD presenting with evidence of baseline cognitive deficits, enabling a more reliable assessment of potential cognitive improvement after treatment June 2023 DSMB meeting results with approval to proceed for both VIVIAD and VIVA–MIND VIVIAD Phase 2b study...

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Acumen Pharmaceuticals Presents Positive Topline Results from First-in-Human Phase 1 Study of ACU193 for Early Alzheimer’s Disease at the Alzheimer’s Association International Conference (AAIC) 2023

Figure 1 Acumen Pharmaceuticals, Inc.Figure 2 Acumen Pharmaceuticals, Inc.Topline results from INTERCEPT-AD trial met primary and secondary objectives, demonstrating proof-of-mechanism for ACU193, the first clinical-stage amyloid beta oligomer (AβO)-targeting antibodyRapid, dose-related, statistically significant (p=0.01) amyloid plaque reduction observed within higher dose cohorts (25% reduction in 60 mg/kg Q4W cohort at day 63 and 20% reduction in 25 mg/kg Q2W cohort at day 70) ACU193 approached maximal central target engagement of toxic AβOs beyond expected levels, establishing broad therapeutic index and path to convenient monthly dosing ​ ACU193 was well-tolerated in patients with early Alzheimer’s disease and resulted in no drug-related serious adverse events, with a low rate of ARIA-E across all cohorts Company to host...

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Ebix Issues Informational Update to the July 14th, 2023 Press Release

JOHNS CREEK, Ga., July 15, 2023 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: Ebix), today issued an informational release with a few clarifications and updates to the previously issued strategic update release on July 14, 2023. Ebix clarified that the term “restated” financial information refers to Consolidated Financial Information to be presented in Offer Documents, inter alia, for Public Issues in terms of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements Regulations), 2018, as amended and is being done solely in relation to the EbixCash IPO. It is done in a manner to ensure consistency of presentation, disclosures and the accounting policies for all the periods presented is in line with that of the latest financial year/ stub period presented. Further, the change in role of Ebix Payment Services...

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REMINDER – Boralex will release its 2023 second quarter financial results on August 14

MONTREAL, Aug. 11, 2023 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2023 second quarter results will take place on Monday, August 14, 2023, at 9 a.m. Financial analysts and investors are invited to attend a conference call during which the financial results will be presented. Date and time Monday, August 14, 2023, at 9 a.m. ET To attend the conference Webcast link: https://edge.media-server.com/mmc/p/qk38uhwj To attend the event by phone: Click here to register for the earnings call. Once you have completed your registration, you will receive a confirmation email containing the link and your personal PIN to connect to the call. If you lose this link and your PIN, you will be able to register again. You must register if you wish to attend the call by phone. Media and...

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Neology Acquires Shimmick’s Transportation Operations & Management Solutions Business to Augment Tolling Operations and Strengthen Core Capabilities

CARLSBAD, Calif., July 17, 2023 (GLOBE NEWSWIRE) — Neology, a global innovator that is [re]imagining mobility, today announced the acquisition of Shimmick’s Transportation Operations & Management Solutions (TOMS) business to expand its transportation revenue and operations capabilities. This Sunrise, Florida-based division of Shimmick provides technology advisory as well as tolling operations and maintenance solutions to government agencies and transit businesses. Expertise includes tolling operations program management, fleet assessment, and other consultancy services. Neology is an established leader in end-to-end tolling systems integration and transportation technology, providing roadside hardware and software as well as Back Office systems throughout the U.S., Mexico, Europe, and Asia-Pacific. Today, Shimmick operates...

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MiddleGround Capital Announces the Sale of EDSCO Fasteners

LEXINGTON, Ky., July 17, 2023 (GLOBE NEWSWIRE) — MiddleGround Capital, an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, today announced the sale of its portfolio company EDSCO Fasteners (“EDSCO” or “the Company”) to Commercial Metals Company (NYSE: CMC) (“CMC”). EDSCO is a market leading manufacturer of mission-critical anchor bolts, fasteners, and specialty-fabricated anchoring products used in critical infrastructure applications. Headquartered in Denton, Texas, EDSCO is the industry’s preferred partner supplying anchoring systems, which are predominantly embedded in concrete foundations and custom engineered to allow structures to be securely placed on top of them. Since its founding in 1985, the Company has...

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