Month: September 2023

Travere Therapeutics Announces Confirmatory Data from the Phase 3 PROTECT Study of FILSPARI® Demonstrating Long-Term Kidney Function Preservation in IgA Nephropathy; Narrowly Missing eGFR Total Slope Endpoint versus Active Control, Irbesartan

Written by Customer Service on September 21, 2023. Posted in Public Companies.

FILSPARI® (sparsentan) achieved a clinically meaningful difference vs. irbesartan in eGFR total slope (1.0 mL/min/1.73m2 per year) [p= 0.058] and eGFR chronic slope (1.1 mL/min/1.73m2 per year) [p=0.037]. Patients treated with FILSPARI over two years exhibited one of the slowest annual rates of kidney function decline seen in a clinical trial of IgAN patients (-2.7 to -2.9 mL/min/1.73m2 per year) eGFR chronic slope was statistically significant with respect to the confirmatory endpoint for the EU All topline efficacy endpoints favored FILSPARI FILSPARI was well-tolerated with a consistent safety profile comparable to irbesartan across all clinical trials conducted to date, supporting long-term use The Company will meet with regulators and expects to submit a supplemental New Drug Application (sNDA) in 1H 2024 for full approval in the...

Elior North America Expands Education Segment with New Acquisition

Written by Customer Service on September 21, 2023. Posted in Mergers And Acquisitions.

Elior NA adds NYC-based private school dining company Cater To You Food Service to its family of companiesCater to You Food ServiceCater to You Food ServiceCharlotte, NC, Sept. 21, 2023 (GLOBE NEWSWIRE) — In its first acquisition in over five years, Elior North America enters New York City’s private school dining market with the addition of family-run firm Cater To You Food Service. This move furthers the contract food management company’s aim to expand its footprint in North America through strategic acquisitions, in addition to organic growth. “We’re thrilled to welcome another highly respected business to our family of companies,” said Olivier Poirot, president and CEO of Elior North America. “Cater To You is a trusted brand built on enduring relationships and exceptional service, and we look forward to helping accelerate...

Central Iron Ore Ltd. – 100% Title on British King Gold Project Secured for Registration

Written by Customer Service on September 21, 2023. Posted in Public Companies.

Figure 1Tenement map of CIO interests in the Dalot Mineral FieldFigure 2Mineral Resource within the optimised pit shellVANCOUVER, British Columbia, Sept. 21, 2023 (GLOBE NEWSWIRE) — Central Iron Ore Ltd. (CIO – TSX.V) (“CIO” or “the Company”) is pleased to announce the settlement of proceedings it commenced in the Supreme Court of Western Australia against SilverStream SEZC. The Company has held 100% beneficial ownership in its British King Mine Project since October 2020. As a result of the settlement, the Company will now be in a position to have its entire 100% ownership of the British King Gold Project registered on the title of the relevant tenements. David Deitz the CEO comments: “We are very pleased that with the resolution of tenure and registration of 100% title. CIO can continue to focus on the advancement...

JRL Energy Elevates its Presence on Equipment Hound B2B E-Commerce Marketplace with Premium Membership

Written by Customer Service on September 21, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Sept. 21, 2023 (GLOBE NEWSWIRE) — Interfield Global Software Inc. (NEO: IFSS) (the “Company”) is pleased to announce that its 100% owned site E-Commerce site Equipment Hound, the leading B2B e-commerce marketplace for industrial equipment, has announced that JRL Energy Inc. (“JRL Energy”), a renowned USA based mining company, has taken a significant step by joining as a premium member on the Equipment Hound platform. As a premium member, JRL Energy gains exclusive access to a range of benefits designed to enhance their ability to procure cost effective mining equipment and to monetize idle assets on the Equipment Hound platform. These benefits include priority placement in search results, advanced product showcase features, and detailed analytics tools to measure and optimize their online performance. The...

PolyPid Announces Successful Commercial Good Manufacturing Practice (GMP) Audit by Israeli Ministry of Health

Written by Customer Service on September 21, 2023. Posted in Public Companies.

Successful Audit of the Company’s State-of-the-Art Manufacturing Facility Represents a Key Milestone Toward Plan to Commercialize D-PLEX₁₀₀ Globally PETACH TIKVA, Israel, Sept. 21, 2023 (GLOBE NEWSWIRE) — PolyPid Ltd. (Nasdaq: PYPD) (“PolyPid” or the “Company”), a late-stage biopharma company aiming to improve surgical outcomes, today announced that the Israeli Ministry of Health has completed a successful Good Manufacturing Practice (GMP) audit of the Company’s manufacturing facility without any critical or major findings. The audit was conducted as part of the Ministry of Health’s routine evaluation of PolyPid’s manufacturing process for D-PLEX100. The audit concluded that PolyPid’s manufacturing facility, process and quality system conform to the requirements of current GMP for medicinal products. This audit is also...

FactSet Reports Results for Fourth Quarter 2023

Written by Customer Service on September 21, 2023. Posted in Earnings Releases And Operating Results.

Q4 GAAP revenues of $535.8 million, up 7.3% from Q4 2022; Fiscal 2023 GAAP revenues of $2,086 million, up 13.1% from fiscal 2022 Organic Q4 ASV plus professional services of $2.2 billion, up 7.1% year over year Q4 GAAP operating margin of 21.9%, down 460 bps year over year, and adjusted operating margin of 33.6%, up 210 bps from the prior year; Fiscal 2023 GAAP operating margin of 30.2%, increased 440 bps year over year, and adjusted operating margin of 36.2%, increased 230 bps over the prior year Q4 GAAP diluted EPS of $1.68, down 37.5% from the prior year, and adjusted diluted EPS of $2.93, down 6.4% year over year; Fiscal 2023 GAAP diluted EPS of $12.03, increased 17.4% from the prior year, and adjusted diluted EPS of $14.55, increased 8.3% year over year FactSet is providing fiscal 2024 guidance, with expected ASV plus professional...

Robex Resources Inc. Announces Management and Board Changes

Written by Customer Service on September 21, 2023. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES QUEBEC CITY, Sept. 21, 2023 (GLOBE NEWSWIRE) — Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) announces management changes, effective as of September 21st, 2023. Since the beginning of their first investment in Robex in 2013, the Cohen family members supported the Company by developing and operating the Nampala mine in Mali. They have been constantly engaged in operating within the industry standard thanks to their key executive positions, and long-term financial backing. They have been committed to deliver external growth strategy with the business combination with Sycamore Mining Limited in 2022. The past two years have been transformational for the Company with (i) the integration of Sycamore and teams, and (ii) the...

Brightstar Capital Partners Acquires Douglas Products, Manufacturer and Marketer in Global Agricultural Production and Structural Pest Control

Written by Customer Service on September 21, 2023. Posted in Mergers And Acquisitions.

NEW YORK and LIBERTY, Mo., Sept. 21, 2023 (GLOBE NEWSWIRE) — Brightstar Capital Partners (“Brightstar”), a private equity firm focused on partnering with families, founders, entrepreneurs, and management teams, today announced that it has acquired Douglas Products and Packaging Company, LLC (“Douglas” or the “Company”), a specialty products manufacturer and marketer of high-quality brands in the global agriculture production and structural pest control markets. Brightstar will partner with CEO Wes Long and Douglas’ management team to grow and expand operations. Terms of the private transaction were not disclosed. For more than 100 years, Douglas has helped protect food, property and quality of life. Through two highly recognizable brands, ProFume and Vikane, Douglas provides solutions to mitigate endemic pest problems that otherwise...

Cegeka and CTG Announce Extension of Tender Offer for All Outstanding Shares of CTG

Written by Customer Service on September 21, 2023. Posted in Mergers And Acquisitions.

HASSELT, Belgium/Limburg and BUFFALO, N.Y., Sept. 21, 2023 (GLOBE NEWSWIRE) — Cegeka Groep NV (“Cegeka”) and Computer Task Group, Incorporated (NASDAQ: CTG) (“CTG”) announced today that Chicago Merger Sub, Inc. (“Merger Sub”), a wholly owned subsidiary of Cegeka, has extended the expiration date of its offer (the “Offer”) to acquire all of the outstanding shares of common stock of CTG, par value $0.01 per share (“Shares”), for $10.50 per Share, net to the seller in cash, without interest and less any applicable withholding taxes, pursuant to the Agreement and Plan of Merger, dated as of August 9, 2023, by and among Cegeka, CTG, and Merger Sub (the “Merger Agreement”). The Offer, which was previously scheduled to expire at one minute after 11:59 P.M., Eastern Time, on September 20, 2023, has been extended until one minute after...

W&T Offshore Announces Accretive Acquisition of Producing Properties in the Gulf of Mexico

Written by Customer Service on September 21, 2023. Posted in Mergers And Acquisitions.

HOUSTON, Sept. 21, 2023 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced that it has completed the acquisition of working interests in eight shallow water oil and gas producing assets (the “Assets”) in the central and eastern shelf region of the Gulf of Mexico (“GOM”) from an undisclosed private seller. The acquisition has a closing date of September 20, 2023, and an effective date of June 1, 2023. The Assets were acquired for a gross consideration of $32 million, subject to normal and customary post-effective date purchase price adjustments. W&T used its cash on the balance sheet to pay the net purchase price. Key highlights of the transaction are as follows:Provides additional producing properties located within W&T’s existing area of operations in water depths ranging...

Month: September 2023

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