Day: September 11, 2023

NBI-1117570 is an investigational, oral, muscarinic M1/M4 selective dual agonist discovered by Sosei Heptares that may have the potential to treat neurological and neuropsychiatric conditions NBI-1117570 is the second compound to advance into clinical development from a portfolio of selective muscarinic receptor agonists licensed by Sosei Heptares to Neurocrine following NBI-1117568, an oral, selective muscarinic M4 receptor agonist, which is in Phase 2 clinical trials as an investigational treatment for schizophreniaTokyo, Japan and Cambridge, UK, 12 September 2023 – Sosei Group Corporation (“the Company”; TSE: 4565), has been notified by its partner Neurocrine Biosciences Inc. (“Neurocrine”; Nasdaq: NBIX), a leading neuroscience-focused biopharmaceutical company, that it has initiated its Phase 1 first-in-human clinical study to evaluate...

CALGARY, Alberta, Sept. 11, 2023 (GLOBE NEWSWIRE) — Explanatory Note: Updated below on September 11, 2023 pursuant to Form 8-K/A filed on September 11, 2023 with the SEC to explain the delisting DIRTT to Delist from Nasdaq Exchange; Public Trading on Toronto Stock Exchange Will Continue DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”), a leader in industrialized construction, announced on September 6, 2023, that The Nasdaq Stock Market (“Nasdaq”) will be delisting its shares on or around September 15, 2023. After the delisting, all current and future DIRTT shareholders will retain their ability to publicly trade DIRTT shares on the Toronto Stock Exchange (“TSX”) under the symbol “DRT”.  The Company estimates a recurring annual cost savings of approximately USD $400,000 from the delisting. Otherwise, the...

Engineering report on NOVONIX’s proprietary cathode synthesis process highlights potential improvements over conventional cathode synthesis:Capital expense intensity estimated nearly 30% lower Processing cost reductions estimated nearly 50% lower Estimated power consumption improvements of approximately 25% Removes the need for water in the material processing steps Eliminates other key waste byproducts including sodium sulphate (Na2SO4)BRISBANE, Australia, Sept. 12, 2023 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, announced today that Hatch Ltd., a global engineering consultancy firm, has delivered its report that evaluates NOVONIX’s revolutionary all-dry, zero-waste cathode synthesis process (“NOVONIX process”) with potentially...

Virtual Webinar to Include Key Opinion Leader Perspectives on the Potential of the HAV in Vascular Trauma Repair DURHAM, N.C., Sept. 11, 2023 (GLOBE NEWSWIRE) — Humacyte, Inc. (Nasdaq: HUMA), a clinical-stage biotechnology platform company developing universally implantable bioengineered human tissue at commercial scale, will host a virtual webinar to announce top line data results from its Phase 2/3 V005 vascular trauma clinical trial. The V005 trial evaluated the HAV, an off-the-shelf, universally implantable bioengineered human tissue, in vascular trauma repair. The event will also feature Dr. Michael Curi (Rutgers University), who will discuss the unmet clinical need in vascular trauma, and the use of the HAV as a potential repair solution for patients and soldiers with limb- and life-threatening injuries. Dr. Curi has utilized...

VANCOUVER, British Columbia, Sept. 11, 2023 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: FTT) (“Finning”) will host its Investor Day on September 26, 2023 in Antofagasta, Chile. A video webcast of the Investor Day and the presentation slides will be available on our website. The event will start at 7:30 AM Eastern Time and is expected to last for about three hours. To participate in our 2023 Investor Day virtually, please register for the webcast. The Investor Day will feature presentations by members of our leadership team providing an update on our strategy with a focus on showcasing our South American business. Following the presentations, participants will have an opportunity to ask questions. If you are joining virtually, please use the Q&A function on the webcast portal. The video webcast and the presentation...

HOUSTON, Sept. 11, 2023 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it has entered into a new $122.0 million senior secured term loan with certain affiliates of EnTrust Global (the “SMFH Credit Facility”) providing the Company with a more efficient and consolidated capital structure. The proceeds from the SMFH Credit Facility will be used, among other things, to refinance $104.6 million of principal indebtedness under five separate debt facilities with different lenders thereby extending their maturity dates from 2023-2026 to 2028. Borrowings under the SMFH Credit Facility will bear interest at a rate of 11.75% per annum and principal will be repaid in...

September 14ᵗʰ event brings together entrepreneurs, investors and startups with keynotes from MIT, panel discussions on AI and pitch presentations from emerging tech startups PALO ALTO, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) — Members of the press are invited to attend the FutureFusion Forum, which brings together high-tech and artificial intelligence (AI) industry leaders that are disrupting the world with tech-driven innovation. Experts will be available by appointment to discuss today’s most pressing issues in AI technology and the startup ecosystem.WHAT:   The FutureFusion Forum is open to any media that would like to attend.WHEN:   September 14th from 9am-5pm pacific time (or any block of time you can make it).WHERE:   Hyatt Centric Mountain View, Calif., Cloud Ballroom, 2nd floor.WHO:   FutureFusion Forum is...

TORONTO, Sept. 11, 2023 (GLOBE NEWSWIRE) — Axis Auto Finance Inc. (“Axis” or the “Company“) [TSX: AXIS], a financial technology company changing the way Canadians purchase and finance used vehicles, is pleased to provide a business update and announce the closing of a private placement (the “Private Placement“) of unsecured subordinated debentures (the “Debentures“). Business Update Over the last 12 months, elevated inflation levels, supply chain disruption and rapidly rising interest rates have created challenges in the non-prime auto finance market. Inflation resulted in more borrower defaults leading to higher credit loss rates, supply chain issues affected vehicle availability as well as affordability and rising interest rates increased borrowing costs. Axis has responded to these...