Day: April 3, 2024

PRESS RELEASE3rd April 2024CMA CGM Group joins Renault Group and Volvo Group as founding member of Flexis SAS, a joint venture for the revolutionary generation of electric vansThree global players in their respective industries are creating the most innovative and efficient player to address the challenges of energy transition in LCV and last mile logistics. In addition to bringing its client input, CMA CGM Group has acquired a 10% stake within Flexis SAS and will invest up to EUR 120 million by 2026. Renault Group and Volvo Group will hold respectively 45% equity stakes and are planning to invest EUR 300 million each over the course of the next three years. Philippe DIVRY is appointed CEO of the new company and Krishnan SUNDARARAJAN COO. Flexis SAS will be based in France, and the all-electric vans based on connected electronic...

Company AnnouncementGenmab to acquire ProfoundBio for USD 1.8 billion in cash Acquisition will give Genmab worldwide rights to three candidates in clinical development, including rinatabart sesutecan (Rina-S), plus ProfoundBio’s novel antibody-drug conjugate (ADC) technology platforms Rina-S is a novel, next-generation, potential best-in-class Topo1 ADC targeting folate receptor alpha (FRα) in development for the treatment of ovarian cancer and other solid tumors Genmab to host conference call today at 1:00 PM CEST / 12:00 PM BST / 7:00 AM EDTCOPENHAGEN, Denmark and SEATTLE, Washington; April 3, 2024 – Genmab A/S (Nasdaq: GMAB) and ProfoundBio, Inc. announced today that the companies have entered into a definitive agreement for Genmab to acquire ProfoundBio in an all-cash transaction. ProfoundBio is a privately-owned clinical-stage...

TGS_Penyu_3D_Phase_1TGS Penyu 3D Phase 1OSLO, Norway (3 April 2024) —TGS, the leading global energy data and intelligence provider, alongside JV consortium partners PGS and SLB, announces the commencement of a multi-client 3D seismic project in the Penyu Basin, offshore Peninsular Malaysia. In partnership with Malaysia Petroleum Management (MPM), PETRONAS, the custodian of petroleum resources in Malaysia, this project aims to provide insights on the exploration opportunities in a broader play fairway and to assess the carbon storage potential across Penyu Basin area. The acquisition of this new seismic data will enable clients to effectively conduct evaluation on the exploration and carbon storage potential for the upcoming Malaysia Bid Round. Kristian Johansen, TGS CEO, commented: “The Penyu Basin is one of Southeast Asia’s...

Addex receives CHF5M and 20% share of Neurosterix  Perceptive Advisors leads $63M investment into Neurosterix  Addex contributes portfolio of preclinical neuroscience assets and allosteric modulator small molecule discovery technology platform to Neurosterix Ad Hoc Announcement Pursuant to Art. 53 LR Geneva, Switzerland and New York, USA, April 3, 2024 – Addex Therapeutics (SIX and Nasdaq: ADXN), a clinical-stage biopharmaceutical company pioneering allosteric modulation-based drug development, and funds affiliated with Perceptive Advisors, an investment management firm focused on the life sciences sector, today announced the launch of Neurosterix, a company focused on developing allosteric modulators for the treatment of underserved neurological disorders. With initial funding of $63 million from Perceptive Xontogeny Venture Fund...

SIKA ACQUIRES INFRASTRUCTURE REFURBISHMENT COMPANY IN THE UNITED STATES Sika has acquired Kwik Bond Polymers, LLC (KBP), a manufacturer of polymer systems for the refurbishment of concrete infrastructure. For over 30 years, KBP has focused on the refurbishment of bridge decks and has established an impressive track record in signature projects across the USA. The business perfectly complements Sika’s high value-added systems for refurbishment of concrete structures. KBP has a proven product offering that includes polymer technologies providing long-lasting protection of bridge decks and other concrete infrastructure applications. By increasing the lifespan of construction projects, KBP’s solutions substantially contribute to an overall carbon footprint reduction in the construction industry. With headquarters and production near San Francisco,...

Ad hoc announcement pursuant to Art. 53 LR of the SIX Swiss Exchange GENEVA, Switzerland – April 3, 2024 – ObsEva SA (SIX: OBSN), a biopharmaceutical company developing and commercializing novel therapies for women’s health, today announced that the Regulatory Board of SIX Swiss Exchange has granted the delisting of the shares of the company (Swiss Security Number 126’004’193 / ISIN CH1260041939) from SIX Swiss Exchange and has exempted the company from certain obligations associated with the maintenance of the listing. The last trading day of the company’s shares on SIX Swiss Exchange will be on Friday, May 3, 2024 and the delisting will be effective as from Monday, May 6, 2024. Pursuant to a decision issued by SIX Exchange Regulation, the company was granted an exemption from certain obligations associated with the...

April 3, 2024, Oslo, Norway: PGS, a fully integrated marine geophysical company, together with its joint venture consortium partners, TGS and SLB have successfully commenced a MultiClient 3D seismic project located in the Penyu Basin, offshore Peninsular Malaysia. The Ramform Sovereign vessel was mobilized to the acquisition area in March 2024 and the area coverage is approximately 7,800 square kilometers. Acquisition completion is anticipated in July 2024, and processing completion is projected for June 2025. In partnership with Malaysia Petroleum Management (MPM), PETRONAS, the custodian of petroleum resources in Malaysia, this project aims to provide insights on the exploration opportunities in a broader play fairway and to assess the carbon storage potential across Penyu Basin area. The acquisition of this new seismic data will enable...

NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) —  MEDIROM Healthcare Technologies Inc. (“we”, “our” or “us”) hereby announces that we resolved, at a meeting of our Board of Directors held on March 29, 2024, to enter into a Memorandum of Understanding (the “MOU”) for the purpose of acquiring all of the shares of stock of Japan Gene Medicine Corporation (the “Target Company”) and making it our subsidiary, and commencing the processes and negotiations necessary to enter into the definitive agreement for the transaction. The MOU was executed on April 2, 2024. Under the MOU we and the seller agree to negotiate in good faith for the purpose of entering into the definitive agreement for the acquisition by May 31, 2024, described in more detail below under “2. Outline of Transaction Proposed in the MOU”.Purpose of Share Acquisition In addition...

Heartland Express was named one of the Most Trustworthy Companies in America by Newsweek, ranking 21 in the Transport, Logistics, & Packaging category NORTH LIBERTY, Iowa, April 02, 2024 (GLOBE NEWSWIRE) — Truckload carrier since 1978, Heartland Express continues a long-standing practice of excelling in customer service regardless of market conditions. Today marked an announcement that Heartland Express has been awarded as one of Newsweek’s 2024 Most Trustworthy Companies in the industry of Transport, Logistics & Packaging. Heartland joins 700 companies as a recipient of this prestigious award – one that did not come easily. Building upon a legacy where customer is king has landed Heartland Express on Newsweek’s Most Trustworthy Companies twice in the last three years since Newsweek first launched their prestigious annual...