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Month: September 2024

Omega Therapeutics Announces Publication of Epigenomic Controller OTX-2002 Preclinical Data in Nature Communications

Treatment with OTX-2002 led to controlled downregulation of MYC gene expression and resulted in significant inhibition of tumor growth as a monotherapy and in combination with standard of care agents in preclinical models of HCC Proof-of-concept data for OTX-2002 support potential of epigenomic controllers to effectively target and modulate expression of nearly any human gene, including historically undruggable targetsData further validate the OMEGA platform’s potential to rapidly and prospectively design, develop and advance programmable epigenomic mRNA medicines for the treatment of a broad range of diseasesCAMBRIDGE, Mass., Sept. 17, 2024 (GLOBE NEWSWIRE) — Omega Therapeutics, Inc. (Nasdaq: OMGA) (“Omega”), a clinical-stage biotechnology company pioneering the development of a new class of programmable epigenomic mRNA...

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Vigil Neuroscience Announces FDA Has Removed Partial Clinical Hold on VG-3927

WATERTOWN, Mass., Sept. 17, 2024 (GLOBE NEWSWIRE) — Vigil Neuroscience, Inc. (Nasdaq: VIGL), a clinical-stage biotechnology company committed to harnessing the power of microglia for the treatment of neurodegenerative diseases, today announced that the U.S. Food and Drug Administration (FDA) has removed the partial clinical hold on its ongoing Phase 1 clinical trial of VG-3927. The FDA’s decision was based on a complete response submitted by the Company. “We are pleased with the resolution of the partial clinical hold – a decision that was supported by non-clinical and clinical data from our ongoing Phase 1 trial,” said Petra Kaufmann, M.D., F.A.A.N., Chief Medical Officer at Vigil. “While the partial clinical hold did not delay clinical development of VG-3927, the option to increase the exposure limit provides us the best opportunity...

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Eversense 365 Receives FDA Clearance: The World’s First One Year CGM

Eversense 365 cleared in the U.S. as an integrated continuous glucose monitoring (iCGM) system for people with diabetes With a single sensor, the Eversense 365 system provides one year of use, versus 10-14 days with short-term CGM’s for minimal life disruption Launch expected early in the fourth quarter of 2024 GERMANTOWN, Md. and PARSIPPANY, N.J., Sept. 17, 2024 (GLOBE NEWSWIRE) — Senseonics Holdings, Inc. (NYSE American: SENS), a medical technology company focused on the development and manufacturing of long-term, implantable continuous glucose monitoring (CGM) systems for people with diabetes and Ascensia Diabetes Care, a global diabetes care company, today announced that the U.S. Food and Drug Administration (FDA) has cleared the next-generation Eversense® 365 CGM system for people with Type 1 and Type 2 diabetes aged 18 years...

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Merit Medical Signs Agreement to Purchase Lead Management Portfolio from Cook Medical

Asset acquisition of Cook Medical’s end-to-end lead management product portfolio strengthens Merit’s existing electrophysiology and CRM business Asset acquisition projected to add approximately $40 million of revenue, on an annualized basis beginning in fiscal year 2025, with a solid growth profile serving an underpenetrated global lead management market Merit reaffirms full-year 2024 financial guidance previously issued on August 1, 2024, and updates full-year 2024 financial guidance to include the projected impact from this acquisition post-closeSOUTH JORDAN, Utah, Sept. 17, 2024 (GLOBE NEWSWIRE) — Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader in healthcare technology, today announced it has signed a definitive asset purchase agreement to purchase Cook Medical’s lead management portfolio for total cash consideration...

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DAVIDsTEA Reports Financial Results for Second Quarter of Fiscal 2024

Sales of $11.1 million, an increase of 12.8% over the prior year Gross profit margin of 47.3%, significantly better compared to 36.9% in prior year SG&A expenses of $6.7 million, down 15.2% versus prior year Net loss of $1.5 million, improved from loss of $4.3 million in prior year Adjusted EBITDA1 of negative $0.3 million versus negative $2.6 million in prior year New store opened September 5th in Montreal’s Royalmount Mall Additional store opening in the Montreal Eaton Centre expected in early NovemberMONTREAL, Sept. 17, 2024 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its second quarter results for the period ended August 3, 2024. “We are pleased to report that DAVIDsTEA reached a key inflection point in the second quarter...

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EnviroGold Global Announces Appointment of Chief Operating Officer

TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) — EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | Fr: YGK) (“EnviroGold,” or the “Company”), a technology company enabling the global mining industry to monetize valuable metals contained in mine waste and tailings, reduce environmental liabilities and improve social and environmental outcomes, is proud to announce the appointment of Mr. Grant Freeman as Chief Operating Officer of the Company, effective immediately. Mr. Freeman brings over 20 years of experience in the mining and finance sectors. He previously served as CEO of Los Calatos Holding Limited, a significant copper project in Peru, owned by private equity, and as Managing Director for Mining Investment Banking Groups, including Casimir Capital (Asia Pacific) Pty Ltd and Transocean Securities. Throughout his career, Mr. Freeman...

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FlightWave, a Red Cat Company, Secures $1.9 Million TACFI Award for Advanced Enhancements to Edge 130 VTOL

SANTA MONICA, Calif., Sept. 17, 2024 (GLOBE NEWSWIRE) — FlightWave Aerospace, a leading innovator in unmanned aerial systems (UAS), today announced it has secured a $1.9 million award through the U.S. Air Force’s Tactical Funding Increase (TACFI) program. Following the recent acquisition of FlightWave by Red Cat Holdings, Inc. (Nasdaq: RCAT), the company will use the funding to support critical enhancements to the Edge 130 Vertical Takeoff and Landing (VTOL) system, now a part of Red Cat’s family of low-cost, portable unmanned reconnaissance and precision lethal strike systems. The TACFI program, part of the U.S. Department of Defense’s broader Small Business Innovation Research (SBIR) initiative, provides resources to expedite the commercialization and deployment of innovative technologies for national security. This award...

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Gray Media Announces Broadcast Partnership With the New Orleans Pelicans

GROUNDBREAKING RIGHTS DEAL WILL DISTRIBUTE PELICANS GAMES FREE OVER-THE-AIR TO OVER 4 MILLION HOMES ACROSS MULTIPLE STATES           NEW ORLEANS, Sept. 17, 2024 (GLOBE NEWSWIRE) —  Today, Gray Media, in partnership with the New Orleans Pelicans, announces a transformative media rights deal to bring every non-national Pelicans NBA game to 4.1 million households through a new soon-to-be launched multi-state distribution venture called Gulf Coast Sports & Entertainment Network anchored by Gray’s New Orleans television station WVUE (FOX 8 Local First). The new network will broadcast free, over-the-air and be made available on a variety of pay-TV platforms through Gray’s television stations in Baton Rouge, Shreveport, Lake Charles, Monroe, and Alexandria, Louisiana; Gray’s television stations in Biloxi, Jackson, Hattiesburg,...

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Xometry Europe Gives Enterprise Customers More Options To Quote And Manage Complex, High-Volume Projects

Xometry Europe Gives Enterprise Customers More Options To Quote And Manage Complex, High-Volume ProjectsXometry Europe Gives Enterprise Customers More Options To Quote And Manage Complex, High-Volume ProjectsNew, User-Friendly Dashboard At Xometry.eu/en Gives Engineers, Designers, Procurement Professionals And Project Managers Powerful Digital Tools To Coordinate, Collaborate And Manage Complex Orders The Tools Provide Real-Time Access to Procurement Tools So Customers Can Make Smart, Data-Driven Decisions The Tools Streamline Quote And Order Management And Let Customers Tap Into Xometry’s Vast Global Supplier NetworkMUNICH, Sept. 17, 2024 (GLOBE NEWSWIRE) — Xometry, Inc., (NASDAQ: XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today unveiled a suite of...

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Comstock Metals Secures New and Larger Revenue Contracts

VIRGINIA CITY, Nev., Sept. 17, 2024 (GLOBE NEWSWIRE) — Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) and its subsidiary, Comstock Metals Corporation (“Comstock Metals”), a technology leader in efficiently recycling end-of-life solar panels into reusable aluminum, copper, silver, glass and other minerals, that delivers a 100% closed-loop, zero-landfill solution, today announced over $150,000 in new revenues from one new commercial customer that has engaged Comstock Metals for the decommissioning and disposal of their solar panels. Comstock Metals strives to recycle materials efficiently and effectively at industrial scales, such that these materials are carefully recovered in a manner whereby they can be recycled and reused over and over again, representing the true definition of circularity, and the process and service...

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