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Month: January 2024

Eargo Debuts Two New Devices, Expanding Portfolio of Hearing Wellness Offerings

Eargo will provide customers with even more over-the-counter (OTC) choices to help address hearing loss on their own termsEargo SEMSRP $1,650LINK By EargoMSRP $799SAN JOSE, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) — This quarter, Eargo, Inc. launches two new over-the-counter (OTC) hearing wellness devices, Eargo SE (launching today) and LINK by Eargo (launching in the first quarter of 2024). The new devices expand the brand’s portfolio of offerings with a new earbud form factor and a completely-in-canal option focused on Eargo signature essentials. For over a decade, Eargo has set the industry standard for pairing award-winning discreet and effortless hearing devices with ongoing expert support. These newest devices address additional consumer needs around functionality, design and experience. Key highlights...

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Lophos Pharmaceuticals Corp. Finalizes Product Release Specifications for Fresh and Dried Peyote (Lophophora williamsii)

NAPANEE, Ontario, Jan. 31, 2024 (GLOBE NEWSWIRE) — Lophos Holdings Inc. (“Lophos”, or the “Company”) (CSE:MESC) is thrilled to provide further insights into the accomplishments of its wholly-owned subsidiary, Lophos Pharmaceuticals Corp. The subsidiary has achieved a noteworthy milestone in the cultivation and ethical distribution of psychoactive plants and is delighted to announce the formalization of product release specifications for both fresh and dried peyote (Lophophora williamsii). This significant development underscores our unwavering commitment to quality, consistency, and ethical practices in the cultivation and distribution of peyote. Stringent Quality Standards: The product release specifications establish rigorous quality standards, guaranteeing that both fresh and dried peyote consistently...

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Robotic Sortation Just Got Better with Berkshire Grey 4th Generation Robotic Sortation Solution

Lower your operational costs for retail, wholesale and eCommerce fulfillment: Achieve 2X performance per sq ft, with a high-volume AI-driven solution built to operate reliably in the toughest warehouse environments. BEDFORD, Mass., Jan. 31, 2024 (GLOBE NEWSWIRE) — Berkshire Grey, Inc., a leader in AI-enabled robotic solutions that automate supply chain processes, is excited to announce the latest and 4th generation of their BG Robotic Sortation solution. This latest version of the solution integrates cutting-edge engineering and insights derived from nearly a decade’s worth of warehouse production picks, representing the next generation of order processing and fulfillment in the industry. With businesses facing increased challenges around labor shortages and escalating space constraints, the BG Robotic Sortation solution (BG RPS/RSPS)...

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Phio Pharmaceuticals Announces Data Showing INTASYL May Result in More Effective Cell Therapy for Hematological Malignancies

—New preclinical data to be presented at Immunotherapy Conference in Germany MARLBOROUGH, Mass., Jan. 31, 2024 (GLOBE NEWSWIRE) — Phio Pharmaceuticals Corp. (Nasdaq: PHIO), a clinical stage biotechnology company whose proprietary INTASYL™ siRNA gene silencing technology is designed to make immune cells more effective in killing tumor cells, today announced that new preclinical data demonstrating the potential of INTASYL self-delivering siRNA targeting Cbl-b improves natural killer (NK) cell activity for adoptive cell therapy and may result in a more effective cell therapy for hematological malignancies will be presented at the 10th Immunotherapy of Cancer Conference (ITOC10), which will be held in Munich, Germany from March 21-23, 2024. Presentation Details are as follows:Title: Enhancing NK cell cytotoxicity against...

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Cabaletta Bio to Participate in the Guggenheim Healthcare Talks 6th Annual Biotechnology Conference

PHILADELPHIA, Jan. 31, 2024 (GLOBE NEWSWIRE) — Cabaletta Bio, Inc. (Nasdaq: CABA), a clinical-stage biotechnology company focused on developing and launching the first curative targeted cell therapies for patients with autoimmune diseases, today announced that Steven Nichtberger, M.D., Chief Executive Officer, will participate in a fireside chat at the Guggenheim Healthcare Talks 6th Annual Biotechnology Conference on Wednesday, February 7, 2024 at 10:00 a.m. ET in New York, NY. A live webcast of the presentation will be available on the News and Events section of the Company’s website at www.cabalettabio.com. Replays will be available on the website for 30 days. About Cabaletta BioCabaletta Bio (Nasdaq: CABA) is a clinical-stage biotechnology company focused on the discovery and development of engineered T cell therapies that...

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PetVivo Holdings, Inc. Announces Release of Clinical Study Results Involving Canine Tolerance to Intra-articular Injections of Spryng™ with OsteoCushion™ Technology

MINNEAPOLIS, MN, US, Jan. 31, 2024 (GLOBE NEWSWIRE) — PetVivo Holdings, Inc. (NASDAQ: PETV & PETVW) (the “Company” or “PetVivo”) an emerging biomedical device company focused on the commercialization of innovative medical devices and therapeutics for companion animals announced that the Company has released the results of a clinical study conducted by Inotiv, Inc., a world-renowned independent clinical research organization, which examined the safety of intra-articular injections of a collagen-elastin hydrogel microparticulate biomaterial (i.e. Spryng™ with OsteoCushion™ Technology) into the joints of dogs. “We were pleased to have the release of the final results of this Spryng tolerance study as this data demonstrates the safety of this veterinary medical device when injected into the joints of dogs,”...

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CUDL KICKS OFF 30TH ANNIVERSARY CELEBRATING $458 BILLION MILESTONE IN VEHICLE LOANS FUNDED

The company remains the largest auto lender as an aggregate for nearly three years. Irvine, California, Jan. 31, 2024 (GLOBE NEWSWIRE) — CUDL, the leading credit union vehicle financing platform, commemorates its 30th anniversary in 2024, celebrating a landmark achievement of funding $458 billion in vehicle loans over its three-decade journey. The company also announced its network expansion to include 20,000 dealerships across the U.S.  Credit unions on the CUDL platform remain the top auto lender by aggregate volume for nearly three years, furthering the company’s commitment to connecting auto dealers with a network of credit unions. The network of 1,100 CUDL credit unions representing 64 million members funded $46.7 billion in vehicle loans in 2023.  Dealers benefit from one platform with easy access to multiple credit union...

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Navient posts fourth quarter 2023 financial results

HERNDON, Va., Jan. 31, 2024 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2023 fourth quarter financial results. Complete financial results as well as materials related to Navient’s in-depth business review are available on the company’s website at Navient.com/investors. The materials will also be available on Form 8-K on the SEC’s website at www.sec.gov. Navient will hold a live audio webcast today, Jan. 31, 2024, at 8 a.m. ET, to provide in-depth commentary on results of its business review and discuss its financial results. The webcast will be hosted by David Yowan, president and CEO, Edward Bramson, vice chair of the Navient Board of Directors, and Joe Fisher, CFO. Analysts and investors who wish to ask questions are requested...

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Nasdaq Reports Fourth Quarter and Full Year 2023 Results; Revenue Growth & Strategic Investments Underpin Solid Year of Performance

NEW YORK, Jan. 31, 2024 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the fourth quarter and year 2023.2023 net revenues1 were $3.9 billion, an increase of 9% over 2022 and an increase of 5% organically. Solutions2 revenues increased 13%, with organic growth3 of 7%. Market Services net revenues were flat on a reported and organic basis. Fourth quarter of 2023 net revenues were $1.1 billion, an increase of 23% over the fourth quarter of 2022 and an increase of 7% organically. Solutions revenues increased 32%, with organic growth of 9%. Market Services net revenues increased 1% and remained relatively flat organically. Annualized Recurring Revenue (ARR)4 of $2.6 billion increased 29% compared to the fourth quarter of 2022, up 6% organically. Annualized SaaS revenues increased 26% or 12% organically...

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23andMe Announces FDA Clearance of IND Application for its Dual Mechanism Antibody, 23ME-01473, Targeting ULBP6

23ME-01473 (‘1473) seeks to treat cancer by restoring anti-tumor immunity through NK and T cells‘1473 has dual mechanisms of blocking the immunosuppressive effects of soluble ULBP6, and inducing Fc receptor-mediated killing of ULBP6-expressing cancer cells through enhanced effector functionPhase 1 clinical study in patients with solid tumors to commence in H1 2024The target for ‘1473 was discovered through 23andMe’s proprietary research platform, the world’s largest recontactable database of de-identified human genetic and phenotypic informationSOUTH SAN FRANCISCO, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) — 23andMe Holding Co. (Nasdaq: ME) (23andMe), a leading human genetics and biopharmaceutical company, announced the U.S. Food and Drug Administration (FDA) has cleared the investigational new drug application for...

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