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Year: 2023

Eramet inaugurates a pilot plant for the recycling of electric vehicle batteries

Paris, November 14, 2023, 2 PM CET PRESS RELEASE Eramet inaugurates a pilot plant for the recycling of electric vehicle batteries Eramet is inaugurating a pilot plant at its Research & Innovation center close to Paris (Trappes) to test and optimize the production of battery-grade metal salts from black mass from recycled lithium-ion batteries. This facility is a 1:1,000 scale replica of the plant due to be built in Dunkirk (59), with start-up scheduled for 2027, subject to a final investment decision expected by the end of 2024. The creation of this pilot plant is a key stage for this project carried out in partnership with SUEZ and aiming to offer a closed-loop industrial recycling solution for end-of-life batteries and scrap from the production of new batteries. Thanks to its expertise in hydrometallurgy, Eramet’s Research &...

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Talis Biomedical Announces Exploration of Strategic Alternatives and Cost Reduction Plan to Preserve Cash

REDWOOD CITY, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) — Talis Biomedical Corporation (Nasdaq: TLIS), a diagnostic company dedicated to advancing health equity and outcomes through the delivery of accurate infectious disease testing in the moment of need, at the point of care, today announced it has initiated a process to explore strategic alternatives with the goal of maximizing shareholder value. While the Company has made progress developing the Talis One® system, it believes that this is a prudent path forward given current market conditions. As part of this process, the Company’s Board of Directors has appointed a special committee of independent, disinterested directors to consider a wide range of strategic alternatives, including, but not limited to, equity or debt financing alternatives, an acquisition, merger, reverse merger,...

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MoonLake Immunotherapeutics Reports Third Quarter 2023 Financial Results and Provides a Business Update

MoonLake Immunotherapeutics Reports Third Quarter 2023 Financial Results and Provides a Business UpdateAnnounced positive full 24-week data from the global Phase 2 MIRA clinical trial, establishing the Nanobody® sonelokimab as a highly promising and differentiated therapeutic solution for hidradenitis suppurativa Presented positive 12-week data from the global Phase 2 MIRA clinical trial for sonelokimab in hidradenitis suppurativa at a late-breaking session during the European Academy of Dermatology and Venereology Congress Announced landmark top-line 12-week data from the global Phase 2 ARGO clinical trial evaluating the efficacy and safety of sonelokimab in patients with active psoriatic arthritis, in support of a potential best-in-class profile Ended third quarter with $496.0 million in cash, cash equivalents and short-term marketable...

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CoreCivic Enters Into New Management Contract With Montana at Saguaro Correctional Facility in Arizona

New Contract and Contract Renewal Momentum Continues BRENTWOOD, Tenn., Nov. 14, 2023 (GLOBE NEWSWIRE) — CoreCivic, Inc. (NYSE: CXW) (“CoreCivic”) announced today it signed a new management contract with the state of Montana for the housing of up to 120 inmates at the Company’s 1,896-bed Saguaro Correctional Facility in Eloy, Arizona.   The new management contract commences immediately and ends October 31, 2025. The contract may be extended by mutual agreement. The total term, including renewals, may not exceed seven years. We anticipate completing the receipt of the inmates from Montana at the Saguaro facility by December 31, 2023. Damon T. Hininger, President and Chief Executive Officer commented, “We are grateful for our longstanding partnership with the Montana Department of Corrections and honored by...

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Bionano Announces Presentation of OGM Utility Across Key Research Applications at the Association for Molecular Pathology Annual Meeting

A corporate workshop session will feature Dr. Alka Chaubey, Bionano’s chief medical officer, Dr. Panieh Terraf from Memorial Sloan Kettering Cancer Center, Dr. Ravindra Kolhe from Augusta University, and Dr. Miriam Bornhorst from Children’s National Hospital presenting data on the role of structural variants (SVs) in central nervous system (CNS) tumor analysis conducted using optical genome mapping (OGM) A second corporate workshop session will feature Dr. Alex Hastie, Bionano’s vice president of clinical and scientific affairs, delivering an overview of the OGM workflow, followed by Drs. Scott Ryall and Adrian Dubuc from Brigham and Women’s Hospital and Dr. Susan Crocker from Kingston General Hospital Network presenting their data from studies conducted using OGM for hematological malignancy research. Dr. Adam Smith from the University...

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MeiraGTx Announces Third Quarter 2023 Financial and Operational Results

– Received strategic investment from Sanofi purchasing $30 million of ordinary shares of the Company at a price of $7.50 per share in October 2023 – Announced a right of first negotiation (ROFN) with Sanofi for the use of MeiraGTx’s Riboswitch gene regulation technology for certain Central Nervous System (CNS) and Immunology and Inflammation (I&I) targets, including IL-4 and IL-13, as well as for GLP-1 and other gut peptides for metabolic disease, and for MeiraGTx’s Phase 2 Xerostomia program – Enrollment in the Phase 2 randomized, double-blind, placebo-controlled study of AAV2-hAQP1 for the treatment of grade 2/3 radiation-induced Xerostomia (RIX) is ongoing – Presented eight posters at the European Society of Gene and Cell Therapy (ESGCT) 2023 Annual Congress including data on proprietary RiboCAR platform...

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Global AI in Telecommunication Market Size to Reach USD 54.51 Billion in 2032 | Emergen Research

Rising adoption of AI solutions in various telecom applications and advent of 5G technology in smartphones are key factors driving AI in Telecommunication market revenue growth. Vancouver, Nov. 14, 2023 (GLOBE NEWSWIRE) — The global Artificial Intelligence (AI) in telecommunication market size was USD 1.70 Billion in 2022 and is expected to register a steady revenue CAGR of 41.4% during the forecast period, according to latest analysis by Emergen Research. Rising adoption of AI solutions in various telecom applications, increasing need for monitoring the content spread on telecommunication networks, and advent of 5G technology in smartphones are key factors driving market revenue growth. AI in telecom uses software & algorithms to estimate human perception to analyze big data, such as data consumption, call record, and use...

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Caustic Soda Market Size Worth USD 59.59 Billion by 2032 | Emergen Research

Rising demand in the aluminum industry, increasing need for caustic soda for soap and detergent are some of the major factors driving the caustic soda market revenue growth. Vancouver, Nov. 14, 2023 (GLOBE NEWSWIRE) — The global caustic soda market size was USD 40.60 Billion in 2022 and is expected to register a revenue CAGR of 3.9% during the forecast period. Key drivers include the escalating demand in the aluminum industry, the imperative need for caustic soda in soap and detergent manufacturing, and its increasing role in water treatment services. Aluminum Industry’s Impact on Market Growth: A major catalyst for the market is the rising demand for caustic soda in the aluminum industry, particularly driven by the Bayer process, a key method for alumina production from bauxite ore. Caustic soda’s significance in dissolving...

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Magic Software Reports Third Quarter 2023 Financial Results

OR YEHUDA, Israel, Nov. 14, 2023 (GLOBE NEWSWIRE) — Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the third quarter ended September 30, 2023. Summary Results for the Third Quarter 2023 (USD in millions, except per share data)                 GAAP     Non-GAAP    Q3 2023 Q3 2022 % Change   Q3 2023 Q3 2022 % ChangeRevenues $ 129.5   $ 144.0   (10.1%)     $ 129.5   $ 144.0   (10.1%)  Gross Profit $ 36.8   $ 39.4   (6.4%)     $ 38.1   $ 40.5   (6.0%)  Gross Margin   28.4%     27.3%   110 bps       29.4%     28.1%   130 bps  Operating Income $ 13.3   $ 16.5   (19.2%)     $ 17.2   $ 18.9   -8.8%  Operating Margin   10.3%     11.5%   (120)...

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Discovery Reports Q3 2023 Financial Results and Update

TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) — Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce its financial results for the third quarter ended September 30, 2023 (“Q3 2023”), and to provide a summary of key events for the quarter and subsequent to quarter-end. All figures are stated in Canadian dollars (“C$”) unless otherwise noted. Discovery’s flagship project is the 100%-owned Cordero silver project (“Cordero” or the “Project”) located in Chihuahua State, Mexico. Tony Makuch, CEO, states: “We made significant advances at Cordero during and subsequent to the third quarter of 2023. The submission of our Environmental Impact Statement (“Manifesto de Impacto Ambiental” or “MIA”), the principal permit required for the development of Cordero, represents a major milestone for the Company....

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