Month: August 2024

Allschwil, Switzerland, August 21, 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 the continued strong sales performance of the antifungal Cresemba® (isavuconazole) by its license partner Pfizer Inc. in the Asia Pacific region and China exceeded the sales threshold triggering a USD 1.25 million milestone payment. David Veitch, Basilea’s Chief Executive Officer, stated: “Achieving the threshold for the third milestone payment for Asia Pacific and China this year, underscores the strong sales performance and growth of Cresemba in this region. We are pleased that Cresemba continues to meet the medical needs of patients suffering from life-threatening invasive mold infections.” The...

21 August 2024 – Reference is made to press release dated 30 May 2024 where Prosafe announced the award of a Conditional Letter of Intent by an undisclosed client for the provision to provide gangway connected operations to support a project off the coast of Western Australia for a firm period of 15 months with up to six months of options. Prosafe now advises that the contract has been signed. The Safe Boreas will mobilise from the North Sea within Q2 2025 and will undergo its five-yearly special periodic survey and other maintenance works prior to commencement of the contract. The value of the contract remains at approximately USD 75 million to USD 100 million depending on options. Terje Askvig, CEO of Prosafe says: “Formalising this contract has been a result of close and positive collaboration. Prosafe is confident that the Safe...

VANCOUVER, British Columbia, Aug. 20, 2024 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) announced today that, in light of imminently expected transportation challenges that will affect all Canadian lumber producers for an unspecified period, together with already existing unfavourable market conditions, Conifex is reducing its sawmill operating schedule at its Mackenzie, British Columbia site to a one-shift basis for the foreseeable future and temporarily curtailing its power plant, each commencing on August 26, 2024. We anticipate an end to the curtailment of our power plant by September 30, 2024.   On August 18, 2024, Canadian National Railway formally notified the Teamsters Canada Rail Conference (the “Union”) that it would begin locking out Union workers early on August 22, 2024, and...

CALGARY, Alberta, Aug. 20, 2024 (GLOBE NEWSWIRE) — Acceleware Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial process heat, is very pleased to announce that it is one of 50 companies selected to pitch at the 21st Annual Rice Alliance Energy Tech Venture Forum, which is an anchor event for the Inaugural Energy and Climate Startup Week in Houston, Texas, September 9-13, 2024. The Energy Tech Venture Forum, hosted by The Rice Alliance for Technology and Entrepreneurship is the premier energy tech venture capital conference that connects energy innovators, investors, corporates and the energy ecosystem. This year’s forum will showcase promising energy companies driving the energy transition and technological advancements, along with...

NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) — Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent luxury mobility provider, today announced that its intelligent driving arm, Lotus Robotics, has provided end-to-end intelligent driving solutions to Farizon Auto, a global leading automaker in new energy commercial vehicle sector. This strategic collaboration marks a significant milestone as the Company further expand its business outreach through technologies. Farizon is dedicated to developing and producing clean, new energy commercial vehicles including heavy duty trucks, light duty vans, and commercial buses for interstate logistic and intracity dispatch, globally. Lotus Robotics provides a comprehensive suite of advanced intelligent driving solutions, including ADAS, highway NOA, urban...

TORONTO, Aug. 20, 2024 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) confirms that at approximately 10:00 AM local time on August 20, 2024, an incident occurred at the Hai Long Changhua onshore substation, part of its offshore wind project in Taiwan. While the details of the incident remain under investigation, the preliminary information available cited a leak of carbon dioxide from the fire suppression system, which affected approximately 17 on-site workers. In alignment with established emergency response protocols, emergency services were immediately notified, and first aid measures were promptly administered on-site. The affected individuals were quickly transported to nearby hospitals, where they are currently receiving emergency treatment. The project team is fully cooperating with local...