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Month: August 2023

BW Offshore: Second Quarter and First Half Results 2023

Second Quarter and First Half Results 2023 HIGHLIGHTSEBITDA of USD 60.9 million in Q2 and USD 139.9 million for the first half-year Operating cashflow of USD 84.3 million in Q2 and USD 212.4 million for the first half-year Barossa FPSO project 73% complete as of end July 2023 Completed refinancing of a new USD 295 million Revolving Credit Facility and signed USD 200 million Catcher Loan Facility Divestment of Espoir Ivoirien and Sendje Berge for USD 35 million Short-term contract extension signed for Abo FPSO Repurchased USD 44.2 million of Senior Unsecured Convertible Bonds as of end July 2023 Dividend of USD 0.063 (NOK 0.67)1 per share for the quarter Equity ratio of 31.9% and USD 400.2 million in available liquidityEBITDA for the second quarter of 2023 was USD 60.9 million, a decrease from USD 79.0 million in the previous quarter....

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Press Release Biocartis Group NV: Biocartis appoints new Medical Advisory Board (MAB) of renowned practice leaders

PRESS RELEASE: 28 August 2023, 7:00 AM CEST Biocartis appoints new Medical Advisory Board (MAB) of renowned practice leaders Mechelen, Belgium, 28 August 2023 – Biocartis Group NV (the ‘Company’ or ‘Biocartis’), an innovative molecular diagnostics company (Euronext Brussels: BCART), is pleased to announce the appointment of a global Medical Advisory Board (MAB) comprised on renowned and influential KOLs in diagnostics, pharma and hospitals to advise, inform and guide Biocartis’ expedited global growth in the area of diagnostic partnerships and to provide valuable expert technology insights (e.g. complementarity of Idylla™ with NGS or other technologies), expert knowledge on the clinical diagnostic needs in the field of oncology (e.g. regulatory insights, advocacy groups) and expert guidance on defining future strategies for...

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Valneva Reports Positive Initial Phase 3 Safety Data in Adolescents for its Single-Shot Chikungunya Vaccine Candidate

Saint-Herblain (France), August 28, 2023 – Valneva SE (Nasdaq: VALN; Euronext Paris: VLA), a specialty vaccine company, today reported positive initial Phase 3 safety data in adolescents for its single-dose chikungunya virus (CHIKV) vaccine candidate VLA1553. Immunogenicity data for the trial are expected in November 2023. Funded by the Coalition for Epidemic Preparedness Innovations (CEPI) and conducted in collaboration with Instituto Butantan, the VLA1553-321 adolescent trial is intended to support label extension in this age group following a potential initial regulatory approval in adults from the Food and Drug Administration (FDA) in the United States (U.S). The trial is also expected to support licensure of the vaccine in Brazil, which would be the first potential approval for use in endemic populations. The present safety analysis...

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Sandoz completes acquisition of leading antifungal agent Mycamine® from Astellas, reinforcing leading global anti-infectives portfolio

Sandoz completes acquisition of worldwide brand rights for Mycamine® (micafungin sodium) from Astellas Leading global echinocandin, one of three major antifungal classes, will significantly reinforce Sandoz hospital offering and leading anti-infectives portfolioAddition of Mycamine ® will support Sandoz drive to ensure responsible use of antimicrobials, through targeted use of most appropriate therapiesBasel, August 28, 2023 – Sandoz, a global leader in generic and biosimilar medicines, has successfully completed the acquisition of worldwide brand rights for leading systemic antifungal agent Mycamine ® (micafungin sodium, Funguard® in Japan) from Astellas. Through this acquisition of the leading global echinocandin, one of three major antifungal classes, Sandoz significantly reinforces its global hospital offering and leading...

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Hepsor AS acquired new properties in Latvia

On 25.08.2023, Hepsor Latvia OÜ, a subsidiary of Hepsor AS, signed a share purchase agreement, which will acquire 50% of the shares of SIA “Riga Properties 4”. SIA “Riga Properties 4” has signed a purchase agreements for the purchase of two properties in the Riga district of Latvia located at “Līdumi”, Dreiliņi, Stopiņu rural municipality, Ropažu nov., LV-2130 with a total area of 74,314 m2 and the company’s goal is to develop approximately 40,000 m2 of commercial premises on these properties in stages. “Hepsor is pleased to announce starting a new commercial real estate project on the Riga market, where only recently we completed a successful sales transaction of a stock-office-type commercial building” said Henri Laks, Member of the Management Board. “The properties are located...

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Aluminum Welding Wires Market to Surpass 619.26 Million by 2030 Drives Due to the Infrastructure Development

SkyQuest projects that the aluminum welding wires market will attain a USD 619.26 million value by 2030, with a CAGR of 6.61% over the forecast period (2023-2030). Increasing infrastructure projects, especially in developing economies, drive the Aluminum Welding Wires Market. Aluminum’s corrosion resistance and weldability make it a preferred choice for construction applications, such as bridges, pipelines, and buildings, propelling wire consumption for sturdy and enduring welds. Westford, USA, Aug. 27, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the Aluminum Welding Wires Market is driven by continuous technological advancements in welding techniques and wire compositions, enhancing the overall weld quality and efficiency. This spurs demand as industries seek better performance and cost-effective solutions. Browse in-depth...

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Enterprise A2P SMS Market to Surpass 102.81 Billion by 2030 Drives Due to Rising Business Communication

SkyQuest projects that the enterprise A2P SMS market will attain a USD 102.81 billion value by 2030, with a CAGR of 4.9% over the forecast period (2023-2030). The enterprise A2P SMS market is driven by the increasing need for efficient business communication. As companies adopt SMS for notifications, alerts, and customer engagement, the market expands to accommodate this demand, bolstering growth and innovation. Westford, USA, Aug. 27, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the proliferation of mobile banking and two-factor authentication drives the Enterprise A2P SMS market. Financial institutions and online services rely on SMS for secure identity verification, making A2P SMS essential for safeguarding transactions and data, thus fueling market expansion. Browse in-depth TOC on the “Enterprise A2P SMS Market”...

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First Quantum and Rio Tinto Announce Completion of the La Granja Agreement

TORONTO, Aug. 27, 2023 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) and Rio Tinto have completed the previously announced transaction to progress the next phase of the La Granja project in Peru, one of the largest undeveloped copper deposits in the world. “La Granja has the potential to be a large, long-life operation and supply the copper that will be needed as the world transitions to the greener economy and where responsible mining will be the only acceptable way to produce metals. Adding this major project to our portfolio will give First Quantum future optionality in the Company’s project pipeline while we focus on strengthening the balance sheet in the interim. As operator, we will leverage our core strengths in mine design, project development and community engagement and look...

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Mercury Marine, labor union announce new five-year collective bargaining agreement

FOND DU LAC, Wisc., Aug. 26, 2023 (GLOBE NEWSWIRE) — Mercury Marine and the negotiating committee of the labor union, IAMAW Lodge 1947, have announced a new collective bargaining agreement. The new contract, which will remain in place through September 30, 2028, was voted in favor by the members of the IAMAW Lodge 1947 and will be signed by both Mercury Marine and the IAMAW. Complete details of the agreement will not be made public. “We are pleased to announce that together with our union leadership, we have a ratified contract that has been passed by our union employees.  The new five-year contract is in the best interest of our workforce and the continued growth of Mercury Marine,” said John Buelow, Mercury Marine president.  “This agreement strengthens our partnership for the future and our commitment to being a top employer...

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