Day: June 20, 2024

SkiStar AB Interim Report September 2023-May 2024

GREAT INTEREST IN SCANDINAVIAN MOUNTAIN HOLIDAYS Third Quarter Net sales for the third quarter increased by SEK 81 million, 6 percent, to SEK 1,490 million (1,409). Operating profit increased by SEK 65 million, 18 percent, to SEK 418 million (353). Capital gains from exploitation operations were included with SEK -3 million (1). Cash flow from operating activities decreased by SEK 32 million to SEK -268 million (-236). Basic and diluted earnings per share amounted to SEK 3.99 (3.43), an increase of 16 percent. First Nine Months Net sales for the nine-months period increased by SEK 404 million, 10 percent, to SEK 4,340 million (3,936). Operating profit increased by SEK 184 million, 22 percent, to SEK 1,019 million (834). Capital gains from exploitation operations were included with SEK -10 million (12). Cash flow from operating activities...

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Basilea partners oncology drug candidate lisavanbulin with Glioblastoma Foundation

Allschwil, Switzerland, June 20, 2024 Basilea Pharmaceutica Ltd, Allschwil (SIX: BSLN), a commercial-stage biopharmaceutical company committed to meeting the needs of patients with severe bacterial and fungal infections, announced today that it has entered into an asset purchase agreement with the Glioblastoma Foundation Inc., for Basilea’s oncology drug candidate lisavanbulin (BAL101553), which has been developed as a potential therapy for glioblastoma, the most common type of primary brain cancer.1 Dr. Marc Engelhardt, Chief Medical Officer of Basilea, said: “Glioblastoma is one of the most lethal types of brain cancer and available therapeutic options are very limited. Partnering lisavanbulin with the Glioblastoma Foundation is important to us, as it enables patients to continue having access to this promising anticancer drug candidate,...

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Update on license renewals in Canada West (British Columbia)

Yesterday evening the Government of Canada announced a new 5 year licensing period to 30 June 2029 as well as a policy to move-away from traditional marine salmon farms in the province of British Columbia. The government proposes to move BC salmon farms to closed-containment systems or onto land. Further details including a draft plan for the required transition are to be announced by the end of July 2024 and will be followed by another period of consultation. The unfortunate announcement comes despite our efforts to pave the way for future sustainable growth and employment, including a thorough consultation process involving multiple stakeholders as well as gaining strong support over the years from the local communities in which we operate. We are disappointed with the decision since traditional marine salmon farming is absolutely sustainable,...

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Nykode Therapeutics Announces Updates on its Inverse Vaccine Platform at FOCIS 2024 Meeting

OSLO, Norway, June 20, 2024 (GLOBE NEWSWIRE) — Nykode Therapeutics ASA (OSE: NYKD), a clinical-stage biopharmaceutical company dedicated to the discovery and development of novel immunotherapies, today announced advancements in its inverse vaccine platform at the annual Federation of Clinical Immunology Societies (FOCIS) meeting in San Francisco. Building on findings previously announced in March at the Antigen-Specific Immune Tolerance Summit in Boston, Nykode presented extended therapeutic data from the experimental autoimmune encephalomyelitis (EAE) model of Multiple Sclerosis (MS). The updates included demonstrating the disease-modifying effects of two distinct targeting units within its inverse vaccine platform in a therapeutic regimen, highlighting the versatility and effectiveness of antigen-presenting cell (APC)-targeting...

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Dassault Systèmes’ 3DEXPERIENCE Platform on the Cloud Selected by Mahindra & Mahindra as It Accelerates Its Digital Transformation

Press ReleaseVELIZY-VILLACOUBLAY, France — June 20, 2024 Dassault Systèmes’ 3DEXPERIENCE Platform on the Cloud Selected by Mahindra & Mahindra as It Accelerates Its Digital Transformation Automotive leader in India makes strategic decision to use Dassault Systèmes’ 3DEXPERIENCE platform on the cloud for its end-to-end new product development process Mahindra & Mahindra can improve efficiency, reduce time to market, and support its sustainability goals for their automotive business The 3DEXPERIENCE platform on the cloud will be utilized for all future auto programs of Mahindra & Mahindra Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced that Mahindra & Mahindra, a leader in automotive, farm and services businesses in India, is advancing its digital transformation by selecting Dassault Systèmes’...

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GPS Capital Markets Enters into Agreement to be Acquired by Corpay

GPS Capital Markets and Corpay Acquisition between Corporate FX and Global Corporate Payment Leaders SALT LAKE CITY, June 19, 2024 (GLOBE NEWSWIRE) — GPS Capital Markets, LLC, a leading fintech firm offering corporate foreign exchange services, announced entering into a definitive agreement to be acquired by Corpay, Inc. (NYSE: CPAY), a leading corporate payments company. This acquisition will bring tremendous benefits to GPS Capital Markets clients, including enhanced delivery channels and expanded access to FX services across global markets. “At GPS our clients are at the heart of everything we do. With Corpay‘s resources and our team’s expertise, we are poised to provide even greater value and drive transformative outcomes in the financial markets. The combined capabilities of our two companies will significantly...

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Lithium Argentina Publishes 2023 Sustainability Report

VANCOUVER, British Columbia, June 19, 2024 (GLOBE NEWSWIRE) — Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) announces the release of its 2023 Sustainability Report, “Enabling a Clean Energy Transition with Responsible Lithium” (the “Sustainability Report”). The Sustainability Report highlights the Company’s overall Environmental, Social and Governance (“ESG”) progress from January 1, 2023- December 31, 2023 (the “Reporting Period”) and reflects its commitment to creating sustainable value by being a safe, environmentally responsible and inclusive lithium company. Sam Pigott, President and CEO of Lithium Argentina commented: “Our Sustainability Report reflects our unwavering dedication to environmental stewardship, social responsibility and corporate governance. We are committed...

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