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Day: January 3, 2024

T2 Biosystems Announces FDA 510(k) Submission to Expand Use of the FDA-Cleared T2Candida Panel to Include Pediatric Testing

LEXINGTON, Mass., Jan. 03, 2024 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced that it has submitted a 510(k) premarket notification to the U.S. Food and Drug Administration (FDA) to expand the use of its FDA-cleared T2Candida® Panel to include pediatric testing. The T2Candida Panel is the only FDA-cleared diagnostic test able to detect sepsis-causing Candida pathogens directly from blood, in just 3-5 hours, without the need to wait days for a positive blood culture. The T2Candida Panel runs on the FDA-cleared T2Dx® Instrument and simultaneously detects five Candida species – including Candida albicans, Candida tropicalis, Candida parapsilosis, Candida krusei, and Candida glabrata. According to the U.S. Centers for...

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Coherus BioSciences Management to Present at the 42nd Annual J.P. Morgan Healthcare Conference

REDWOOD CITY, Calif., Jan. 03, 2024 (GLOBE NEWSWIRE) — Coherus BioSciences, Inc. (“Coherus,” Nasdaq: CHRS), today announced that senior management will present at the upcoming 42nd Annual J.P. Morgan Healthcare Conference on Wednesday, January 10, 2024, at 9:45 a.m. Pacific Time. The presentation and Q&A session will be accessible via Webcast through a link posted on the Investor Events Calendar section of the Coherus website: https://investors.coherus.com/upcoming-events. This webcast will be available for replay until February 9, 2024. Coherus Contact Information:Jami Taylor, Head of Investor RelationsCoherus Biosciences, Inc.IR@coherus.com  

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Notification on convocation of Extraordinary Meeting of Shareholders of Joint Stock Company “Latvijas Gāze”

The Management Board of joint stock company “Latvijas Gāze”, registration number: 40003000642, legal address:, Aristida Briana street 6, Riga, LV-1001, Latvia (hereinafter – the “Company”), hereby convenes and announces that the Extraordinary Meeting of Shareholders of the Company will take place on 22 February 2024 at 10:00 at Vagonu street 20, Riga, Latvia.   The agenda:On the new wording of the Articles of Association of the joint stock company “Latvijas Gāze” and on the selection of the central securities depository in which to register the shares of the joint stock company “Latvijas Gāze”. Election of the Supervisory Council and determination of remuneration for the Supervisory Council. Election of the Audit Committee and determination of remuneration for the Audit Committee.  The Management Board of the...

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Additive Manufacturing Market to Surpass 76.16 Billion by 2030 Drives Due to the Technological Advancements

SkyQuest projects that the additive manufacturing market will attain a USD 76.16 billion value by 2030, with a CAGR of 20.8% over the forecast period (2023-2030). The global additive manufacturing market is propelled by continuous technological advancements. Innovations in 3D printing materials, processes, and software are expanding the scope of additive manufacturing applications. Companies are increasingly adopting these cutting-edge technologies to improve product development cycles, reduce costs, and enhance customization, driving the market’s growth. Westford USA, Jan. 03, 2024 (GLOBE NEWSWIRE) — According to SkyQuest, additive manufacturing market is witnessing significant expansion across diverse industries. From aerospace and healthcare to automotive and consumer goods, various sectors are increasingly utilizing 3D...

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Assertio Holdings, Inc. Announces Leadership Transition

Dan Peisert Stepping Down as CEO Board member Heather Mason Appointed Interim CEO LAKE FOREST, Ill., Jan. 03, 2024 (GLOBE NEWSWIRE) — Assertio Holdings, Inc. (“Assertio” or the “Company”) (NASDAQ: ASRT), a specialty pharmaceutical company that acquires, commercializes and develops safe and effective therapies that make a difference in the lives of patients, announced today that Dan Peisert is stepping down as the Company’s Chief Executive Officer. The Board has appointed Heather Mason, currently an independent director of the Company and Chair of its Nominating and Corporate Governance Committee, to serve as interim CEO as the Company conducts a search for a permanent chief executive. Peter Staple, Chairman of the Assertio Board of Directors, said, “On behalf of the Board, I would like to express our appreciation to Dan for his...

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Sodium Citrate Market Size Worth USD 1.22 Billion in 2032 | Emergen Research

Increasing consumption of processed Food & Beverages (F&B) and rising demand for sodium citrate in the pharmaceutical industry and cost of personal medications are key factors driving Sodium Citrate market revenue growth. Vancouver, Jan. 03, 2024 (GLOBE NEWSWIRE) — The global sodium citrate market size was USD 0.82 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.1% during the forecast period. Increasing consumption of processed Food & Beverages (F&B) and rising demand for sodium citrate in the pharmaceutical industry and cost of personal medications are key factors driving market revenue growth. Sodium citrate, often known as sodium salts of citric acid, is a food additive that is designated E331 in Europe. This component is usually used with citric acid to improve flavor or lower the potential...

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Financial Institutions, Inc. Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

WARSAW, N.Y., Jan. 03, 2024 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC, and Courier Capital, LLC, will release results for the fourth quarter and full year ended December 31, 2023 after the market closes on January 25, 2024. Management will host an earnings conference call and audio webcast on January 26, 2024 at 8:30 a.m. Eastern Time. The call will be hosted by Martin K. Birmingham, President and Chief Executive Officer, and W. Jack Plants II, Chief Financial Officer and Treasurer. The live webcast will be available in listen-only mode on the Company’s website at www.FISI-Investors.com. Within the United States, listeners may also access the call by dialing 1-833-470-1428 and providing the access code 280151. The webcast replay...

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Obra Capital Acquires Unified Life Insurance Company

Long-established life and health insurance carrier and a leader in reinsurance M&A, with 49 associated licenses Unified platform to expand and differentiate Obra’s existing longevity strategy and offering NEW YORK, Jan. 03, 2024 (GLOBE NEWSWIRE) — Obra Capital, Inc. (“Obra”), an asset management firm with a specialized approach to alternative investing, today announced that it has completed the acquisition of Unified Life Insurance Company (“Unified”). Founded in 1986, Unified is a life and health insurance carrier with approximately 100,000 active policy holders, and 49 associated licenses. Over the past 30 years, Unified has acquired over 50 blocks of business from 27 different companies and has become a leader in reinsurance M&A. Obra is a specialized asset management firm and one of the largest investors in life settlement...

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UniFirst Announces Financial Results for the First Quarter of Fiscal 2024

WILMINGTON, Mass., Jan. 03, 2024 (GLOBE NEWSWIRE) — UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its first quarter ended November 25, 2023 as compared to the corresponding period in the prior fiscal year: Q1 2024 Financial HighlightsConsolidated revenues for the first quarter increased 9.5% to $593.5 million. Operating income was $53.1 million, an increase of 22.4%. The quarterly tax rate decreased to 23.4% compared to 25.2% in the prior year. Net income increased to $42.3 million from $34.0 million in the prior year, or 24.6%. Diluted earnings per share increased to $2.26 from $1.81 in the prior year, or 24.9%. EBITDA increased to $86.2 million compared to $69.7 million in the prior year, or 23.7%.The Company’s financial results for the first quarter of fiscal 2024 and...

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Tenaya Therapeutics to Participate at the 42nd Annual J.P. Morgan Healthcare Conference

SOUTH SAN FRANCISCO, Calif., Jan. 03, 2024 (GLOBE NEWSWIRE) — Tenaya Therapeutics, Inc. (NASDAQ: TNYA), a clinical-stage biotechnology company with a mission to discover, develop and deliver potentially curative therapies that address the underlying causes of heart disease, today announced that Faraz Ali, Chief Executive Officer, will present at the 42nd Annual J.P. Morgan Healthcare Conference on January 11, 2024, at 9:45 am PT. The live presentation will be webcast and may be accessed from the Investors section of Tenaya’s website. A replay of the webcast will be available on the Tenaya website for approximately 30 days following the conference. About Tenaya TherapeuticsTenaya Therapeutics is a clinical-stage biotechnology company committed to a bold mission: to discover, develop and deliver potentially curative therapies that...

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