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Day: November 15, 2024

Sandoz receives European Commission approval for Afqlir® (aflibercept), further strengthening leading biosimilar portfolio

MEDIA RELEASEAfqlir® (aflibercept) approved to treat various retinal diseases, including neovascular age-related macular degeneration (nAMD) One of several biosimilar value drivers for Sandoz Sandoz remains committed to accelerating patient access by strengthening its biosimilar portfolio, reinforcing global and European leadershipBasel, November 15, 2024 – Sandoz (SIX:SDZ/OTCQX:SDZNY), the global leader in generic and biosimilar medicines, today announced that the European Commission (EC) has granted marketing authorization for Afqlir® (aflibercept) 2 mg vial kit and pre-filled syringe for intravitreal injection, a biosimilar to reference medicine Eylea®*[1,2]. Afqlir® is indicated to treat various retinal diseases, including neovascular age-related macular degeneration (nAMD), aiming to prevent disease-related blindness. Afqlir®...

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Dupixent® (dupilumab) sBLA Accepted for FDA Review for the Treatment of Chronic Spontaneous Urticaria (CSU)

Resubmission includes new pivotal data which confirm Dupixent significantly reduced itch and hive activity More than 300,000 people in the U.S. suffer from CSU that is inadequately controlled by antihistamines FDA decision expected by April 18, 2025; if approved, Dupixent would be the first targeted therapy for CSU in a decade TARRYTOWN, N.Y. and PARIS, Nov. 15, 2024 (GLOBE NEWSWIRE) — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Sanofi today announced that the U.S. Food and Drug Administration (FDA) has accepted for review the resubmission of the supplemental Biologics License Application (sBLA) for Dupixent® (dupilumab) to treat adults and pediatric patients aged 12 years and older with chronic spontaneous urticaria (CSU) whose disease is not adequately controlled with H1 antihistamine treatment. The target action date...

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Prairie Provident Resources Announces Third Quarter 2024 Financial and Operating Results and Basal Quartz Drilling Update

CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) announces its financial and operating results for the three and nine months ended September 30, 2024. The Company’s condensed interim consolidated financial statements (“Financial Statements”) for the three and nine months ended September 30, 2024 and related Management’s Discussion and Analysis (“MD&A”) for the third quarter are available on its website at www.ppr.ca and filed on SEDAR+ at www.sedarplus.ca. THIRD QUARTER 2024 FINANCIAL AND OPERATING HIGHLIGHTSProduction averaged 2,173 boe/d (55% oil and liquids) in the third quarter of 2024, a 38% or 1,350 boe/d decrease from the same period in 2023, primarily due to the sale of the Evi CGU in...

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Beam Global Announces Third Quarter 2024 Operating Results

Conference Call Friday, November 15, 2024 at 4:30 p.m. ET SAN DIEGO, Nov. 14, 2024 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM), (the “Company”), the leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its third quarter results for the period ended September 30, 2024. Q3 2024 Financial Highlights:Gross Margin was 10.7% of sales, our highest Q3 margin ever, 9 percentage points increase over Q3 2023 YTD Gross Margin 12.4%, 11 percentage points increase over 2023  47.9% revenue derived from commercial customers Record Pipeline of over $200 million Backlog of $7 million Debt free and $100 million line of credit available and unusedQ3 2024 Operational HighlightsAcquisition of Telcom – provides Beam with in-house production capabilities...

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AIP Realty Trust Announces Securities Purchase Agreement to Acquire AllTrades Industrial Properties, LLC and Closing of Investment by Plymouth Industrial OP, LP, a subsidiary of Plymouth Industrial REIT, Inc.

VANCOUVER, British Columbia, Nov. 14, 2024 (GLOBE NEWSWIRE) — AIP Realty Trust (the “Trust” or “AIP”) (TSXV: AIP.U) today announces that it, through its subsidiary AIP OP, LP (“OP LP”), has entered into a securities purchase agreement (the “Securities Purchase Agreement”) with 2024 ATIP, Inc. (“ATIP”) pursuant to which the Trust proposes to acquire (the “AllTrades Transaction”) all of the issued and outstanding membership interests (“Membership Interests”) of AllTrades Industrial Properties, LLC (“AllTrades”). OP LP is a Delaware limited partnership of which AIP Realty USA, Inc. (the “REIT”), a subsidiary of the Trust, serves as general partner. Pursuant to the AllTrades Transaction, among other things, OP LP will acquire all of the Membership Interests, the consideration for which is expected to be comprised of the following:Pending...

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Maui Land & Pineapple Company Reports Fiscal 2024 Third Quarter Results

KAPALUA, Hawai‘i, Nov. 14, 2024 (GLOBE NEWSWIRE) — Maui Land & Pineapple Company, Inc. (NYSE: MLP) today reported financial results covering the nine month period ended September 30, 2024. “Our third-quarter results demonstrate strong momentum across all business segments, with an 18.6% increase in revenue compared to last year,” said CEO Race Randle. “We’re encouraged by this growth as we continue making strategic investments in our portfolio of commercial properties and landholdings. This includes progressing the planning on over 3,500 acres in West Maui and over 600 acres in Hali‘imaile, with improvements and value uplift to occur over the next several years. These initiatives reinforce our commitment to addressing community needs and delivering long-term value to our shareholders.”Third Quarter 2024 HighlightsStrategic...

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Natural Gas Storage Market to Witness 4.5% CAGR by 2031 | SkyQuest Technology

Natural Gas Storage Market size was valued at USD 10.72 billion in 2023 to USD 15.25 billion by 2031, growing at a CAGR of 4.5% in the forecast period (2024-2031). Westford, USA, Nov. 14, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Natural Gas Storage Market size will attain the value of USD 15.25 Billion by 2031, with a CAGR of 4.5% during the forecast period (2024-2031). The factors such as increasing demand for natural gas from Asia-Pacific, especially in the pharmaceutical, industrial and transport sectors, are expected to drive the natural gas storage market forecast. In addition, the benefits of using natural gas as a cleaner, more versatile and more efficient fuel for the purposes of global efforts towards a low-carbon economy could drive demand for natural gas is increasing in the future. Weak demand and volatility trends,...

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High Arctic Announces 2024 Third Quarter Results

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) has released its’ third quarter financial and operating results. The unaudited consolidated financial statements and management discussion & analysis (“MD&A”) for the three and nine months ended September 30, 2024 will be available on SEDAR+ at www.sedarplus.ca, and on High Arctic’s website at www.haes.ca. All amounts are denominated in Canadian dollars (“CAD”), unless otherwise indicated. Mike Maguire, Interim Chief Executive Officer commented on the Corporation’s third quarter 2024 financial and operating...

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