Month: August 2023

NurExone Reports Second Quarter 2023 Financial Results and Provides Corporate Update

Written by Customer Service on August 28, 2023. Posted in Earnings Releases And Operating Results.

Completed the first tranche of a non-brokered private placement offering of units for gross proceeds of approximately CAD$1.3 million to extend cash runway into 2024 Strengthened the Board of Directors through the appointment of Dr. Gadi Riesenfeld, Former President of Pharmos Corporation (a publicly traded biotech company listed on NASDAQ) Positive imaging results from an internal preclinical study of its investigational drug ExoPTEN, confirming successful nerve regeneration following traumatic transection of the spinal cord in rats Significant advancements in extracellular vesicles (EVs) functionality, leveraging its proprietary and patented 3D-Flow productionTORONTO and HAIFA, Israel, Aug. 28, 2023 (GLOBE NEWSWIRE) — NurExone Biologic Inc. (TSXV: NRX) (FSE: J90) (NRX.V) (the “Company” or “NurExone”), a biopharmaceutical company...

Danish Aerospace Company A/S issues Interim report for 2023

Written by Customer Service on August 28, 2023. Posted in Public Companies.

COMPANY ANNOUNCEMENT Odense, August 28th, 2023 Company Announcement no. 44 – 28-08-2023 Danish Aerospace Company A/S issues Interim report for 2023 The Board of Directors of Danish Aerospace Company A/S (DAC) have today approved the interim report for 2023. The report has not been audited. Highlights – Interim Report 2023Revenue was DKK 9,9 million, while Gross Profit was DKK 7,6 million. Operating Profit (EBITDA) was DKK -0,4 million. Net profit of DKK -1 million, a drop compared to last year mainly due to financial expenses and US dollar exchange rate. DAC is extremely proud that Andreas Mogensen’s Huginn mission to the International Space Station has begun. We are looking forward to work with Andreas as he demonstrates three newly-developed DAC technologies. DAC is heavily engaged in manufacturing,...

Automotive Lighting Market Size to Reach USD 65.59 Billion in 2032 | Emergen Research

Written by Customer Service on August 28, 2023. Posted in Mergers And Acquisitions.

Rising demand for automotive intelligent lighting is the key factor driving automotive lighting market revenue growth Vancouver, Aug. 28, 2023 (GLOBE NEWSWIRE) — The worldwide market for automotive lighting achieved a scale of USD 35.40 Billion in 2022. Based on the latest assessment from Emergen Research, it is anticipated to sustain a Compound Annual Growth Rate (CAGR) of 6.30% in terms of revenue throughout the projected duration. The expansion in revenue within the automotive lighting market can be attributed to several factors. These include the swift expansion of the automotive industry, the rapid increase in the sales of high-end and luxury vehicles owing to the surge in disposable income, favorable regulations established by governments, and an elevated request for intelligent lighting systems within the automotive sector. Companies...

Orthopedic Joint Replacement Market to Surpass 42.53 Billion by 2030 Drives Due to Increasing Need for Specialized Joint Implants

Written by Customer Service on August 28, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the orthopedic joint replacement market will attain a value of USD 42.53 billion by 2030, with a CAGR of 7.10% over the forecast period (2023-2030). The orthopedic joint replacement market is experiencing a significant boost due to the increasing need for specialized joint implants tailored for both men and women. The outdated notion of a “one size fits all” approach is being rightfully challenged, as each patient possesses a unique anatomical structure. Westford, USA, Aug. 28, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, osteoarthritis stands as one of the most pervasive ailments affecting the elderly demographic. Joint replacement has emerged as a predominant choice for addressing osteoarthritis, fostering greater patient inclination towards joint implants. The noticeable upsurge in the geriatric...

Woman-Led Revel Private Wealth Launches With Support From LPL Financial

Written by Customer Service on August 28, 2023. Posted in Public Companies.

CHARLOTTE, N.C., Aug. 28, 2023 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Megan M. Stirrat, CFP®, CDFA®, SE-AWMA® and Tenley Y. Hardt have joined LPL Financial to launch a new independent practice, Revel Private Wealth. They chose to affiliate with LPL’s supported independence model, LPL Strategic Wealth Services, and reported having served approximately $325 million in advisory, brokerage and retirement plan assets*. They join LPL from Merrill Lynch. Based in San Juan Capistrano, Calif., Stirrat is a Forbes Top Woman Wealth Advisor** with nearly 30 years of industry experience. Four years ago, she teamed up with Hardt, who has a background in entertainment and strategic business consulting. Together, they take a collaborative approach to comprehensive wealth management by providing highly customized,...

ParaZero to Present its Leading Safety Systems for Commercial Drones at the International Drone Show in Denmark

Written by Customer Service on August 28, 2023. Posted in Public Companies.

ParaZero Technologies sets the standard for drone safety at the annual International Drone Show, unveiling its innovative solutions for safer drone operations in urban environments Tel Aviv, Israel, Aug. 28, 2023 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (Nasdaq: PRZO) (“ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, announces it will showcase its unique drone safety systems in the International Drone Show in Odense, Denmark on August 29, 2023. As drones integrate more into global industries, the demand for robust safety solutions has grown exponentially. The International Drone Show is the ideal platform to discuss, display, and demonstrate the revolutionary safety systems that ParaZero offers. The company’s innovative autonomous safety systems...

Veritas Farms Acquires ASYSTEM and ASYSTEM Labs as Part of Growth Strategy to Build the Next Generation of Innovative Wellness Brands

Written by Customer Service on August 28, 2023. Posted in Mergers And Acquisitions.

FORT LAUDERDALE, FL, Aug. 28, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Veritas Farms, Inc. (OTCQB: VFRM), a leading wellness brand within the hemp/CBD space, has announced today that it has completed the acquisition of innovative, science-forward supplements brand ASYSTEM and their product development arm, ASYSTEM Labs. The acquisition of this pioneering wellness brand is a part of Veritas’ decision to pursue a roll-up strategy and expand beyond CBD into the multi-billion dollar wellness industry by acquiring and merging brands with a wellness focus under the publicly traded company’s umbrella. The goal of this strategy is to better position Veritas Farms on a path to profitability and increased cash flow. ASYSTEM is the first acquisition in this exciting growth and expansion strategy. The acquisition will complement...

Earth Alive Announces Record Quarterly Sales

Written by Customer Service on August 28, 2023. Posted in Earnings Releases And Operating Results.

MONTRÉAL, Aug. 28, 2023 (GLOBE NEWSWIRE) — Earth Alive Clean Technologies Inc. (TSXV: EAC – “Earth Alive” or the “Company”), a company that develops, manufactures, and distributes state-of-the-art, environmentally-sound proprietary microbial products and solutions, announces today its financial results for the quarter ended June 30, 2023. “This is an historic quarter for Earth Alive as we recorded the highest quarterly sales in company history,” said Mr. Nikolaos Sofronis, Earth Alive’s President and Chief Executive Officer. “Not only did we increase our sales, but we increased the number of significant clients. This diversification of revenue streams reduces our operating risks,” added Mr. Sofronis. “The Bureau de Normalisation du Québec (BNQ) certification obtained earlier this year combined with relentless efforts to open the...

Diagnostics Industry Leader Jack Kenny Joins Biomerica’s Board of Directors

Written by Customer Service on August 28, 2023. Posted in Public Companies.

Kenny has proven track record of driving growth at companies within the healthcare space and holds significant management and public company board experience, most recently as CEO of Meridian Bioscience As CEO Kenny managed the sale of Meridian Biosciences in an all-cash transaction valued at approximately $1.53 billionNEWPORT BEACH, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) — Biomerica Inc. (NASDAQ: BMRA), a global biomedical company leading the way in innovative gastroenterology solutions, today announced the appointment of Jack Kenny, former CEO and board member of Meridian Bioscience, Inc., to its Board of Directors. Meridian Biosciences (formerly traded on Nasdaq under VIVO) is a leading global provider of diagnostic testing solutions. Meridian Biosciences was acquired on January 31, 2023 by SD Biosensor, Inc. and SJL Partners...

Panbela to Present at H.C. Wainwright 25th Annual Global Investment Conference

Written by Customer Service on August 28, 2023. Posted in Public Companies.

MINNEAPOLIS, Aug. 28, 2023 (GLOBE NEWSWIRE) — Panbela Therapeutics, Inc. (Nasdaq: PBLA), a clinical-stage biopharmaceutical company developing disruptive therapeutics for the treatment of patients with urgent unmet medical needs, announced that management will be presenting virtually at the H.C. Wainwright 25th Annual Global Investment Conference. Interested parties may access the presentation beginning on September 11 at 7:00 A.M. (ET) via https://hcwevents.com/annualconference/. Management will also be available for virtual one-on-one meetings. For additional information about the conference, visit https://hcwevents.com/annualconference/. About our PipelineThe pipeline consists of assets currently in clinical trials with an initial focus on familial adenomatous polyposis (FAP), first-line metastatic pancreatic cancer, neoadjuvant...

Month: August 2023

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