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Month: August 2023

Nocopi Technologies Reports Executive Leadership Changes and Second Quarter Financial Results

KING OF PRUSSIA, Pa., Aug. 11, 2023 (GLOBE NEWSWIRE) — Nocopi Technologies, Inc. (OTC Pink: NNUP), a developer of specialty reactive inks today announced executive leadership changes and results for its second quarter ended June 30, 2023. Nocopi’s SEC filings are available here. Executive Leadership Changes Michael A. Feinstein, M.D. to retire as CEO and Chairman of the Board on August 18, 2023. Michael S. Liebowitz named CEO successor and appointed Chairman of the Board. Nocopi Technologies announced today that Michael A. Feinstein, M.D. will retire from his role as Chief Executive Officer and Chairman of the Board on August 18, 2023, after serving in the Chief Executive Officer role since 2000. Dr. Feinstein, who has served as Chairman of the Board of Directors since 1999, will remain with the company in a senior advisory role...

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Hospital-acquired infections Market to Surpass 33.77 Billion by 2030 Drives Due to the Rising number of surgical procedures

SkyQuest projects that the hospital-acquired infections market will attain a USD 33.77 billion value by 2030, with a CAGR of 1.5% over the forecast period (2023-2030). The surge in surgical procedures has sparked a concerning increase in global hospital-acquired infections. This trend not only jeopardizes patient safety but also highlights the critical need for enhanced infection control measures across healthcare facilities to ensure safer surgical outcomes and minimize the impact of these infections on public health. Westford USA, Aug. 11, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the escalating incidence of spine degeneration highlights a concerning trend within the global hospital-acquired infections market. This issue demands immediate attention as it contributes to the growing burden of healthcare-associated complications....

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Automotive aftermarket Market to Surpass 584.9 Billion by 2030 Drives Due to the Increasing vehicle age

SkyQuest projects that the automotive aftermarket market will attain a USD 584.9 billion value by 2030, with a CAGR of 4% over the forecast period (2023-2030). The global automotive aftermarket market is witnessing a growing trend of increasing vehicle age. As vehicles remain on the road longer, the demand for replacement parts, maintenance services, and accessories rises. This shift presents lucrative opportunities for businesses to cater to the evolving needs of older vehicles, driving market expansion. Westford,USA, Aug. 11, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the global automotive aftermarket market has witnessed a transformative shift due to the rapid rise of e-commerce. With online platforms offering convenience and a wide array of products, consumers can now easily access auto parts and accessories. This digital...

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Plastic Containers Market to Surpass 9.39 Billion by 2030 Drives Due to Increased Use of Rigid Plastic Containers

SkyQuest projects that the plastic containers market will attain a USD 9.39 billion value by 2030, with a CAGR of 4.1% over the forecast period (2023-2030). The global plastic container market is witnessing a surge in adopting rigid plastic containers. This trend is driven by their durability, lightweight nature, and sustainability features. As industries seek reliable packaging solutions, rigid plastic containers stand out, ensuring product safety and reducing environmental impact. Westford USA, Aug. 11, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the global plastic container market is witnessing a significant surge in demand due to the growing need for effective drug packaging. This trend stems from the necessity of ensuring pharmaceutical product safety, extending shelf life, and maintaining quality. As the pharmaceutical...

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BiondVax Reports Second Quarter Financial Results and Provides Business Update

JERUSALEM, Aug. 11, 2023 (GLOBE NEWSWIRE) — via IBN – BiondVax Pharmaceuticals Ltd. (Nasdaq: BVXV), a biotechnology company focused on developing, manufacturing, and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, announced the publication today of its financial results for the second quarter ended June 30, 2023, and provided a business update. Second Quarter 2023 Financial SummaryR&D expenses for the three months ended June 30, 2023, amounted to $1.45 million compared with $1.97 million for the three months ended June 30, 2022. Marketing, general and administrative expenses for the three months ended June 30, 2023, amounted to $1.14 million compared with $1.29 million for the three months ended June 30, 2022. Total operating expenses for the...

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NXT Energy Solutions Announces Second Quarter 2023 Results

CALGARY, Alberta, Aug. 11, 2023 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTCQB: NSFDF) today announced the Company’s financial and operating results for the three and six months ended June 30, 2023. All dollar amounts herein are in Canadian Dollars unless otherwise identified. Financial and Operating Highlights Key financial and operational highlights are summarized below:On May 24 the Company entered into a ten year strategic alliance in Africa with Synergy E&P Technologies Limited (“Synergy”) which grants Synergy an exclusive license to use, distribute, sub-license, market and sell NXT’s SFD® solutions in Africa; At the same time the Company entered into a US$2.3 million convertible debenture financing with Ataraxia Capital, an affiliate of Synergy....

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Maha Energy AB Announces Filing of Second Quarter 2023 Report & Live Webcast

Maha Energy AB (publ) (“Maha” or the “Company”) is pleased to announce its second quarter 2023 results. The report is attached to this press release and available on the Company’s website at www.mahaenergy.ca. Second Quarter 2023All amounts are in US dollars unless otherwise noted. The amounts below are related only to continuing operations.The Company completed the business combination with DBO 2.0 S.A., holding 15% equity interest in 3R Offshore. Income from investment in associate amounted to 0.4 million (Q2 2022: nil), representing Maha’s share of results in 3R Offshore for the month of June. Daily oil production for Q2 2023 from continuing operations averaged 211 BOEPD (Q2 2022: 542 BOEPD) and including non-consolidated production from 3R Offshore averaged 1,988 BOEPD. Revenue of 1.3 million (Q2 2022: 4.1 million) following lower...

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Alcoholic Beverages Market Set to Soar Past USD 2018.81 Billion by 2030 | Skyquest Technology

Venturing into the alcoholic beverages domain reveals a multifaceted market composition. Product categories encompass Beer, Distilled Spirits, Wine, and others. Packaging selections encompass Plastic Bottles, Glass Bottles, and Tins. An extensive range of distribution channels permeates the landscape, including Modern Trade, Specialty Stores, Online Retailers, Hotels, Restaurants, Bars, and beyond. Projections +extend from 2023 to 2030, underlining the market’s evolution. Westford USA, Aug. 11, 2023 (GLOBE NEWSWIRE) — The global Alcoholic Beverages market size is expected to reach USD 2018.81 billion by 2030 and exhibit a CAGR of 2.2% in the forecast period (2023−2030), according to Skyquest’s latest research report. The changing consumer preferences and lifestyles, growing social acceptance of alcohol consumption,...

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Shared Mobility Market Set to Soar Past USD 784.16 Billion by 2030

The global Shared Mobility market size is expected to reach USD 784.16 billion by 2030 and exhibit a CAGR of 15.8% in the forecast period (2023−2030), according to Skyquest’s latest research report. The growing urbanization, traffic congestion, environmental concerns, cost savings, technological advancements, changing consumer preferences, limited parking spaces, government initiatives, increased connectivity, flexible transportation options, convenience, and reduced car ownership are fueling the Market’s growth. Westford, USA, Aug. 11, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Shared Mobility market, increased adoption of ride-hailing services, car-sharing programs, bike-sharing and scooter-sharing systems, electric and hybrid vehicles, autonomous vehicles, mobility-as-a-service...

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Elicio Therapeutics Reports Second Quarter 2023 Financial Results and Provides Corporate Updates

ELI-002 2P positive interim data from AMPLIFY-201 Phase 1 study presented at ASCO AMPLIFY-7P first patient dosed with ELI-002 7P Completed reverse merger becoming a publicly traded company on Nasdaq Anticipate releasing additional AMPLIFY-201 clinical data in second half 2023BOSTON, Aug. 11, 2023 (GLOBE NEWSWIRE) — Elicio Therapeutics, Inc. (Nasdaq: ELTX), a clinical-stage biotechnology company developing a pipeline of novel immunotherapies for the treatment of cancer, today reported financial results for the second quarter ended June 30, 2023 and provided recent corporate and clinical updates. “The second quarter represented a transformative period for Elicio as we became a public company and reported interim results for the first-in-human clinical trial of our cancer vaccine candidate ELI-002,” said Robert Connelly, Chief...

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