Day: October 29, 2023

ASP Isotopes Inc. Enters Strategic Relationship With PET Labs Pharmaceuticals for the Distribution of Medical Isotopes

Written by Customer Service on . Posted in Public Companies.

WASHINGTON, Oct. 29, 2023 (GLOBE NEWSWIRE) — ASP Isotopes Inc. (NASDAQ:ASPI) (“ASPI”, the “Company”, “us”, “we” or “our”), an advanced materials company dedicated to the development of technology and processes designed to produce isotopes for use in multiple industries, today announced that it has entered into a strategic relationship with PET Labs for the production and distribution of medical isotopes. PET Labs is a South African radiopharmaceutical operations company dedicated to nuclear medicine and the science of radiopharmaceutical production. PET Labs focuses on the production of fluorinated radioisotopes and active pharmaceutical ingredients. PET Labs currently operates a single cyclotron in Pretoria, South Africa. As part of the relationship, the companies anticipate...

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Vow ASA – Q3 trading update: inflation and increased cost in supply chain result in loss in the quarter

Written by Customer Service on . Posted in Public Companies.

Vow ASA (“Vow” or the “company”) has reassessed cost and margin in its portfolio of projects. Inflation and higher costs in the supply chain for some projects in the Maritime Solutions segment has accumulated to NOK 35 million which will be charged to the company’s accounts in the third quarter 2023. Including these one-off effects, the EBITDA result in the quarter was negative NOK 15.5 million. Revenues were NOK 254.6 million, up from NOK 194 million in the third quarter 2022, an increase of 31 percent. Vow continues to steadily grow its business. Revenues in the first nine months this year was NOK 703.5 million, up 18.5 percent from NOK 593.6 million in the same period last year. The growth is a result of increased demand for the company’s technology from customers across a wide range of industries. The relevance and attractiveness of...

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