Day: September 18, 2023

Cassava Sciences Announces Positive Interim Safety Review of Simufilam On-going Phase 3 Trials in Patients with Alzheimer’s Disease

An Independent Data and Safety Monitoring Board (DSMB) Recently Evaluated the Interim Patient Safety Database for Simufilam in On-Going Phase 3 Clinical Trials. The DSMB Recommended the Phase 3 Trials of Simufilam Continue as Planned, Without Modification AUSTIN, Texas, Sept. 18, 2023 (GLOBE NEWSWIRE) —  Cassava Sciences, Inc. (Nasdaq: SAVA), a biotechnology company focused on Alzheimer’s disease, today announced a positive interim safety review of simufilam in on-going Phase 3 clinical trials in patients with Alzheimer’s disease. A routine, scheduled meeting of a Data and Safety Monitoring Board (DSMB) recommended that both of Cassava Sciences’ Phase 3 studies of simufilam continue as planned, without modification. “I think this first interim safety review is an important milestone for the clinical development of simufilam,”...

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Nemaura Medical to Present at the Maxim Group Emerging Growth in A.I. Conference

Loughborough, England, Sept. 18, 2023 (GLOBE NEWSWIRE) — Nemaura Medical, Inc. (NASDAQ: NMRD), a medical technology company focused on developing and commercializing non-invasive wearable diagnostic devices and supporting personalized lifestyle coaching programs, announces today that CEO Dr. Faz Chowdhury will present business updates and developments at the Maxim Group Emerging Growth in A.I., virtual conference. The presentation will take place at 11am Eastern time on 27 September 2023. Register for the conference here: www.m-vest.com About Nemaura Medical, Inc. Nemaura Medical Inc. is a medical technology company developing and commercialising non-invasive wearable diagnostic devices. The Company is currently also commercialising sugarBEAT® and proBEAT™. sugarBEAT®, a CE mark approved Class IIb medical device, is a non-invasive...

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Atriva Therapeutics Announces Exclusive Letter Agreement for Reverse Takeover Transaction with Biocure Technology

Atriva Therapeutics and Canadian Biocure Technologies, Inc. entered into an exclusive letter agreement for a reverse takeover transaction. Upon successful completion of the transaction, the resulting entity will continue the business of Atriva Therapeutics. Shareholders of Atriva will receive not less than 75% of the securities of the resulting issuer, with the current shareholders of Biocure Technology holding the remainder. The transaction is subject to various terms and conditions, including satisfactory due diligence, successful implementation of a private placement and shareholder approvals. TÜBINGEN, Germany and MUNICH, Germany, Sept. 18, 2023 (GLOBE NEWSWIRE) — Atriva Therapeutics GmbH (“Atriva”) is pleased to disclose the signing of an exclusive letter agreement, dated September 14, 2023, with Biocure Technology...

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North America Rail Infrastructure Market Size Worth USD 162.72 Billion by 2029 at a CAGR of 4.52%

North America Rail Infrastructure Market to Surge Substantially; Rising Adoption of IoT and Artificial Intelligence in Railway Infrastructure to Propel Market Growth Pune, India., Sept. 18, 2023 (GLOBE NEWSWIRE) — The North America rail infrastructure market size was valued at USD 114.31 billion in 2021. The market is expected to grow from USD 119.43 billion in 2022 to USD 162.72 billion by 2029, exhibiting a CAGR of 4.52% during the forecast period. Rapid globalization and increasing IoT and Artificial Intelligence (AI) adoption are expected to foster this industry’s growth. Fortune Business Insights™ provides this information in its report titled “North America Rail Infrastructure Market, 2022-2029.” Drivers & Restraints- Robust High-speed Rail Links and Existing Line Expansions to Propel Market Progress Rail infrastructure...

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American Battery Materials, Inc. Confirms Commitment to $120 Million Merger

Company Responds to NASDAQ Delisting Warning Letter to Merger Partner GREENWICH, Conn., Sept. 18, 2023 (GLOBE NEWSWIRE) — American Battery Materials, Inc. (OTC Pink: BLTH) (“ABM”, the “Company”), an environmentally responsible minerals exploration and development company focused on direct lithium extraction (DLE) and other critical minerals for the global energy transition, today reaffirmed its commitment to moving forward with the proposed merger with Seaport Global Acquisition II Corp. (NASDAQ: SGII) (“SGII”). David Graber, ABM’s Chairman and Co-Chief Executive Officer, commented, “We are aware that our merger partner, Seaport Global, received a delisting warning letter from NASDAQ. We believe this is not an unusual event for a SPAC which has extended its time frame to close an acquisition. Seaport extended its time frame back...

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Truck Rental Market Size [2023-2030] Worth USD 200.34 Billion | Exhibiting a CAGR of 7.0%

Global Truck Rental Market to Reach USD 200.34 Billion by 2030; Rapid E-commerce Growth Fuels Demand for Short-Term Truck Rentals Propelling Market Growth: Fortune Business Insights™ Pune, India., Sept. 18, 2023 (GLOBE NEWSWIRE) — The global truck rental market size was valued at USD 117.51 billion in 2022. The market is anticipated to grow from USD 125.09 billion in 2023 to USD 200.34 billion by 2030, exhibiting a CAGR of 7.0% during the forecast period. Fortune Business Insights presents this information in their report titled “Truck Rental Market, 2023–2030.” The rapid growth of e-commerce has increased the demand for efficient transportation, leading to a need for short-term truck-rentals that offer flexibility and cost-efficiency. Truck-rentals are especially beneficial for construction projects requiring...

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Golden Star Acquisition Corporation Announces Entering into a Merger Agreement with Gamehaus Inc.

NEW YORK, Sept. 18, 2023 (GLOBE NEWSWIRE) — Golden Star Acquisition Corporation (NASDAQ: GODN) (“Golden Star”), a publicly-traded special purpose acquisition company, and Gamehaus Inc. (“Gamehaus”), a mobile game publishing company, announced that they had entered into a definitive Business Combination Agreement (the “Merger Agreement”) for a business combination (the “Business Combination”). As contemplated by the Merger Agreement, Gamehaus will operate through a publicly-traded holding company listed on the Nasdaq Stock Market. Gamehaus is a technology-driven mobile game publishing company dedicated to nurturing partnerships with and amplifying the success of small- and medium-sized game developers. Gamehaus helps small- and medium-sized game developers stay competitive in the global gaming market with data-driven commercialization...

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Europe Biogas Plant Market Size [2023-2028] | Industry Growth, Share, And Trends Forecast Analysis Report

The Europe Biogas Plant Market to Witness Remarkable Growth During 2023 to 2028; Factors Such as Eco-Friendly Nature and Clean Source of Energy to Aid Growth: Fortune Business Insights Pune, India, Sept. 18, 2023 (GLOBE NEWSWIRE) — The Europe biogas plant market size is projected to grow from USD 1.87 billion 2021 to USD 3.47 billion in 2028 at a CAGR of 9.2% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Europe Biogas Plant Market, 2021-2028.” Factors such as increasing adoption of biogas in the European region as a renewable source of energy and less impact on the government will lead to an increased footprint of the market during the forecast period. Request a Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf-pop/europe-biogas-plant-market-106351 Europe...

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Lead Acid Battery Market Size to Surpass USD 65.18 Billion by 2030 | Flooded Batteries to Emerge Prominent Owing to Expanding Telecom & Automotive Sectors

According to Fortune Business Insights, the global Lead Acid Battery market size is projected to grow from USD 43.43 Billion in 2022 to USD 65.18 Billion in 2030, at CAGR of 5.2% during forecast period. Pune, India, Sept. 18, 2023 (GLOBE NEWSWIRE) — The global lead acid battery market size was valued at USD 43.43 billion in 2022. The market is anticipated to surge from USD 45.84 billion in 2023 to USD 65.18 billion by 2030, exhibiting a CAGR of 5.2% over the estimated period. The expansion is due to the growing product demand driven by the increasing demand for energy storage devices.  Fortune Business Insights™ provides this information in its research report, titled “Lead Acid Battery Market, 2023-2030”. Key Industry Development: December 2021 – GS Yuasa Corporation’s subsidiary Tata AutoComp GY Batteries Limited planned...

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Automotive Heaters Market Size Worth USD 14.30 Billion, Globally, by 2030 at a CAGR of 5.7%

The Global Automotive Heaters Market Size to Record 5.7% CAGR over 2023-2030; Denso Corporation Created Electrification Components for Toyota bZ4X and Subaru SOLTERRA Pune, India, Sept. 18, 2023 (GLOBE NEWSWIRE) — The global automotive heaters market size was valued at USD 9.36 billion in 2022 and is expected to be worth USD 9.69 billion in 2023. The market is projected to reach USD 14.30 billion by 2030, recording a CAGR of 5.7% during the forecast period. Automotive heaters are a system or components that offer warmth to a vehicle’s interiors and regulate its temperature during cold climate conditions. They also play an important role in improving a vehicle’s safety by offering defogging features to provide drivers with a better view of the road ahead and enhance their driving experience. These factors are expected to fuel the...

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