Day: September 21, 2023

CAMBRIDGE, Mass., Sept. 21, 2023 (GLOBE NEWSWIRE) — Gurnet Point Capital (“Gurnet Point”) and Novo Holdings A/S (“Novo Holdings”) announced today the completion of their acquisition of Paratek Pharmaceuticals, Inc. (“Paratek” or the “Company”) (Nasdaq: PRTK), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel therapies for life-threatening diseases and other public health threats. The Company’s lead commercial product, NUZYRA® (omadacycline), is a once-daily oral and intravenous antibiotic available in the United States for the treatment of adults with community-acquired bacterial pneumonia (CABP) and acute bacterial skin and skin structure infections (ABSSSI). “Today’s completion of the acquisition of Paratek by Gurnet Point and Novo Holdings represents the beginning of...

Strict machine safety regulations by global safety standard agencies and rise in demand from oil and gas industries are key factors driving the market growth Vancouver, Sept. 21, 2023 (GLOBE NEWSWIRE) — The global machine safety market is expected to reach a market size of USD 8.91 Billion at a revenue CAGR of 5.3% during the forecast period, according to the latest analysis by Emergen Research. Increase in government funding for the establishment of new and updating of existing manufacturing units is a key factor driving the market growth. For instance, the Government of Japan announced an assistance of USD 2.2 Billion to domestic companies to set up new manufacturing units. Ready to Explore Further? Download the Sample Report @ https://www.emergenresearch.com/request-sample/999 Adoption of industrial automation process across...

Rising government expenditure in space programs and increasing participation of private companies in space exploration are key factors driving market revenue growth Vancouver, Sept. 21, 2023 (GLOBE NEWSWIRE) — Global space launch services market size reached USD 6.59 billion in 2021 and is expected to register a significantly steady revenue CAGR during the forecast period, according to latest analysis by Emergen Research. Rising government expenditure in space programs and increasing participation of private companies in space exploration and initiatives are some major factors expected to drive market revenue growth. Drivers: Rising government expenditure and public-private initiatives in space programs and space exploration are among the primary factors driving revenue growth of the market. Moreover, governments of various countries...