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Month: September 2024

CarGurus Appoints Jennifer Hanson as Chief People Officer

Hanson brings more than 20 years of experience specializing in organizational design, employee engagement, and workplace culture CAMBRIDGE, Mass., Sept. 16, 2024 (GLOBE NEWSWIRE) — CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jennifer Hanson has been appointed Chief People Officer (CPO), effective September 30, 2024. With more than 20 years of experience in human resources (HR), employee benefits, and law, Hanson will lead CarGurus’ People and Talent team in their work advancing organizational strategies, talent development, and engagement to drive business performance and continued innovation. “CarGurus employees play a key role in our mission to deliver an exceptional customer experience, and I believe Jennifer’s expertise is well-aligned...

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T2 Biosystems Receives FDA Clearance to Market the T2Candida Panel for Pediatric Patients

Expands available market to include over 200 children’s hospitals in the United States LEXINGTON, Mass., Sept. 16, 2024 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO) (the “Company”), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced that it has received clearance from the U.S. Food and Drug Administration (FDA) to market its FDA-cleared T2Candida® Panel for pediatric patients. The Company expects to immediately begin marketing and selling the T2Candida Panel under the expanded pediatric claim. The T2Candida Panel is the only FDA-cleared diagnostic test able to detect sepsis-causing Candida species 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...

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Genome Editing Market to Surpass Market Valuation of USD 31.15 Billion by 2031 | SkyQuest Technology

Global Genome Editing Market size was valued at USD 8.99 billion in 2023 to USD 31.15 billion by 2031, growing at a CAGR of 16.80% during the forecast period (2024-2031). WestFord, Sept. 16, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Genome Editing Market will reach a value of USD 31.15 Billion by 2031, with a CAGR of 16.80% during the forecast period (2024-2031). Genome editing has witnessed notable progress in recent years backed by key trends, including a higher focus on therapeutic applications, the growing use of CRISPR technology, and regulatory developments. The market is facing expansion in clinical trials, wherein some are shifting towards commercialization. These trends are aiding the growth of the genome editing market. Besides, the market is also fueled by technological advancements, essentially CRISPR-Cas9...

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ANI Pharmaceuticals, Inc. Completes Acquisition of Alimera Sciences

Strengthens Rare Disease segment as largest driver of future growth, adding approximately $105 million in 2024 revenue on a pro forma basis Adds two durable commercial assets ILUVIEN® and YUTIQ® with significant growth potential, expanding ANI’s foothold in strategic therapeutic area of ophthalmology Anticipated to drive high single-digit to low double-digit accretion in adjusted non-GAAP EPS in 2025 and to be substantially accretive thereafter New capital structure in place, reducing interest expense by approximately $39 million on an annualized basis (1) ANI maintains its 2024 financial guidance for the standalone Company based on continued momentum across Purified Cortrophin® Gel (Cortrophin Gel) and GenericsPRINCETON, N.J., Sept. 16, 2024 (GLOBE NEWSWIRE) — ANI Pharmaceuticals, Inc. (“ANI” or “the Company”) (Nasdaq: ANIP)...

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Dave Cantin Group Announces Biltmore Automotive Services’ Acquisition of DCG’s Capital and Ownership Accelerator Program Lines of Business

Business Units’ Move Signals DCG Focus on Advising the Top 500 Automotive Groups NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) — The Dave Cantin Group, a leading mergers and acquisitions advisory company to retail automotive groups and their owners, today announced that Biltmore Automotive Services has acquired two of DCG’s lines of business: DCG Capital and its innovative Ownership Accelerator Program (OAP). The parties began negotiating the deal during the 2024 National Association of Minority Automobile Dealers (NAMAD) conference. “Biltmore is combining the DCG divisions that cater to first-time dealership buyers with its own Path to Ownership program for first-time buyers as DCG further concentrates its focus on advising the nation’s top 500 dealership groups on growth strategies, platform management, acquisitions and divestitures,”...

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ERES REIT Declares September 2024 Monthly Distribution

TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the September 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “September Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on September 30, 2024, with payment on October 15, 2024. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01501 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered...

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Cellebrite Enhances Investigative Analytics Solution with Amazon Web Services (AWS)

Pathfinder’s capabilities are now available via the cloud, giving law enforcement new deployment options to accelerate justice TYSONS CORNER, Va. and PETAH TIKVA, Israel, Sept. 16, 2024 (GLOBE NEWSWIRE) — Cellebrite (Nasdaq: CLBT), a global leader in premier Digital Investigative solutions for the public and private sectors, announced today Pathfinder in the Cloud with Amazon Web Services (AWS) (Nasdaq: AMZN), allowing customers to access Cellebrite’s industry-leading investigative analytics solution, Pathfinder, through the secure Amazon Virtual Private Cloud (VPC). Now available for on-premises and cloud use, Pathfinder drastically reduces the hours investigators and analysts spend on cases because its artificial intelligence (AI) capabilities help to swiftly identify meaningful data and connections across multiple devices. It...

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BIGG Digital Assets Inc. Lists on TSX Venture Exchange

VANCOUVER, British Columbia, Sept. 16, 2024 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), a leading innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group and TerraZero, is pleased to announce that the TSX Venture Exchange (“TSXV”) has approved the Company’s application to list its common shares (the “Shares”) on the TSXV. It is anticipated that the TSXV listing will further increase the Company’s visibility in the capital markets both domestically and globally. The Shares are expected to commence trading on the TSXV effective market open on September 17, 2024. The Company’s trading symbol “BIGG” will remain unchanged and its shareholders will not be required to take any action in connection with BIGG’s listing on the TSXV. The Shares...

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Merit Medical’s WRAPSODY WAVE Trial Demonstrates Superior Patency versus Standard of Care in AV Fistula Patients

In the US pivotal trial, WRAPSODY achieved 89.8% target lesion primary patency at 6 months SOUTH JORDAN, Utah, Sept. 16, 2024 (GLOBE NEWSWIRE) — Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, today announced positive 6-month findings from the randomized arteriovenous (AV) fistula arm of its WRAPSODY Arteriovenous Access Efficacy (WAVE) pivotal trial. The data were shown at the Cardiovascular and Interventional Radiological Society of Europe (CIRSE) during a FIRST@CIRSE presentation. WRAPSODY is a cell-impermeable endoprosthesis which is intended to extend long-term vessel patency in dialysis patients. Many patients undergoing dialysis rely on a vascular access site created in the arm called an AV fistula. The maintenance of adequate blood flow through this site is crucial for patient survival. The...

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Kratos Completes Significant Milestone on Cost Optimized Limited-Life Turbofan Engine

SAN DIEGO, Sept. 16, 2024 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, today announced that Kratos Turbine Technologies has successfully completed a ground test campaign of a Cost-Optimized, Limited-Life Turbofan Engine. The engine testing was managed by the Air Force Research Laboratory, Aerospace Systems Directorate, Turbine Engine Division (AFRL/RQT) under the Attritable Cost Optimized Limited Life Engine Technologies (ACOLLET) program. All test plan objectives were achieved including matching pre-test predictions on thrust and fuel efficiency.Turbofan Ground Testing at Kratos’ X-58 Test Facility A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dae25e8a-6434-43d5-8e4c-8b274a92d9da The...

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