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Day: March 2, 2025

Apollo Names Shimpei Kanzaki as Japan Global Wealth Head

TOKYO, March 02, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced it has hired Shimpei Kanzaki as a Managing Director and Head of Japan Global Wealth. Kanzaki brings more than 20 years’ experience in alternative investments, private markets and the wealth management industry, and will report to Edward Moon, Partner and Head of Asia Pacific Global Wealth for Apollo. Moon said, “We are pleased to welcome Shimpei, who brings to Apollo significant industry experience and a proven track record of business building in the Japan wealth market. Following our successful expansion in Hong Kong and Singapore, we look forward to growing in Japan, expanding our product suite and partnering with Japanese distributors across wealth channels.” Apollo Partner and Chief Client and Product Development Officer Stephanie Drescher added, “Japan...

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Phase III study shows Xolair may be more effective with fewer side effects than oral immunotherapy for the treatment of food allergies

First-ever head-to-head trial comparing Xolair and oral immunotherapy (OIT) Results were featured as late-breakers at the 2025 AAAAI Annual Meeting Xolair is the only US FDA-approved medicine to reduce allergic reactions in children and adults with one or more food allergiesBasel, 2 March 2025 – Roche (SIX: RO, ROG; OTCQX: RHHBY) announced today new positive data from Stage 2 and Stage 3 of the National Institutes of Health (NIH)-sponsored phase III OUtMATCH study, which provide further evidence supporting the role of Xolair® (omalizumab) for the treatment of one or more food allergies. Stage 2 of the OUtMATCH study showed Xolair was more effective with fewer side effects than multi-allergen oral immunotherapy (OIT) in the first-ever head-to-head trial comparing the two treatment approaches. OIT involves ingesting the food allergen,...

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Lexicon Pharmaceuticals to Announce Topline Results from Phase 2b PROGRESS Study Evaluating Pilavapadin (LX9211) in Adults with Diabetic Peripheral Neuropathic Pain

Conference call and webcast at 8:00 a.m. ET on Monday, March 3, 2025 THE WOODLANDS, Texas, March 02, 2025 (GLOBE NEWSWIRE) — Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) today announced the Company will hold a conference call and webcast on Monday, March 3, 2025 at 8:00 a.m. ET to share topline results from the Phase 2b PROGRESS (A Phase 2b, Dose-ranging, Randomized, Double-blind, PlacebO-controlled, Parallel-GRoup, MulticEnter Study with an Open-label Extension in PatientS with Diabetic Peripheral Neuropathic Pain) study evaluating pilavapadin (LX9211), an oral, non-opioid investigational adaptor-associated kinase 1 (AAK1) inhibitor in adult patients with moderate to severe diabetic peripheral neuropathic pain (DPNP). Conference Call and Webcast InformationLexicon management will hold a live conference call and webcast on Monday,...

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Initial Drill Results Prove Significant Polymetallic Mineralization at Mirasol’s Flagship Sobek Gold-Copper Project in the Vicuña District, Chile

Initial drilling of the Potro SE target on Sobek North intersected a new polymetallic mineralized system: 17.4m at 0.72g/t gold Eq. including 3.0m at 2.39 g/t gold Eq and high silver, lead, zinc with indications of copper The drill hole ended in strongly altered porphyritic rock and the system remains open laterally and at depth The mineralized intercept is directly associated with a large IP-PDP geophysical chargeability response which underlies a cylindrical magnetic susceptibility anomaly localized along a major structural corridor A second drill hole is currently in progress 200m to the east to test the core of the magnetic anomaly and confirm the continuity of mineralization Sobek Potro SE target is located 3 km southwest of NGEx’s Lunahuasi discovery in the Vicuña District, Chile At Sobek Central, the access road to reach the...

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AMERICAN SALARS TO EXPAND ITS POCITOS PROJECT BY 1,635% TO 13,880 HECTARES IN ARGENTINA’S LITHIUM TRIANGLE

VANCOUVER, BC, March 02, 2025 (GLOBE NEWSWIRE) — AMERICAN SALARS LITHIUM INC. (“AMERICAN SALARS” OR THE “COMPANY”) (CSE: USLI, OTC: USLIF, FWB: Z3P, WKN: A3E2NY) announces it has entered into a Letter Of Intent Agreement (the “Agreement”) with an arm’s length vendor to acquire up to 100% of the Salar De Pocitos Project (the “Project”) consisting of 10 mineral tenements spanning approximately 13,080 hectares and contiguous to the Company’s 800 hectare Flagship Pocitos 1 Project in Salta Province, Argentina. This represents a property size increase of 1635% to a footprint combined total of 13,880 hectares on the Pocitos Salar, within the prolific Lithium Triangle. The closing of this transaction will culminate in American Salars having the second largest property asset on the Salar de Pocitos.The Company’s...

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Latin Metals Identifies Geophysical Anomalies at Cerro Bayo, Santa Cruz, Argentina

VANCOUVER, British Columbia, March 02, 2025 (GLOBE NEWSWIRE) — Latin Metals Inc. (“Latin Metals” or the “Company”) – (TSXV: LMS) (OTCQB: LMSQF) is pleased to announce the identification of significant geophysical anomalies at its Cerro Bayo project (“Cerro Bayo” or the “Project”), located in the Deseado Massif, Santa Cruz Province, Argentina. The Company has completed purchase of historical exploration data collected by a previous operator at the project, including a 130-line-km gradient array Induced Polarization (“IP”) geophysical survey. The survey highlights pronounced chargeability and resistivity anomalies, spatially associated with historical drill targets identified by Barrick, and there is a strong correlation of chargeability anomalies with previously mapped mineralized structures. Importantly the anomalous geophysical...

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Nokia and industry partners accelerate AI-RAN development #MWC25

Press ReleaseNokia and industry partners accelerate AI-RAN development #MWC25 Nokia’s ecosystem of industry partnerships is driving advancements in AI-RAN architecture and the deployment and optimization of AI-powered Radio Access Networks. Collaboration helps lay the foundations for platform-as-a-service business models for operators offering scalable computing infrastructure and capabilities for AI and other services in addition to connectivity. Nokia opens AI-RAN Center in Dallas, U.S to accelerate development of AI-RAN with partners. AI-RAN will have a transformative impact on the future of telecommunications infrastructure and services.2 March 2025Espoo, Finland – At Mobile World Congress 2025, Nokia and its ecosystem of industry partners, KDDI, SoftBank Corp., T-Mobile US, and NVIDIA today outlined the advances made in the...

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Ellomay Capital Announces Execution of Project Finance Agreements for its 198 MW Solar Portfolio in Italy

Tel-Aviv, Israel, March 02, 2025 (GLOBE NEWSWIRE) — Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, Israel and the USA, today reported that its wholly-owned subsidiary, Ellomay Holdings Luxembourg Sarl (“Ellomay Luxembourg”), which owns a portfolio of 198 MW solar facilities in Italy, among other assets, that includes operating and “ready to build” projects (the “Italian Solar Portfolio”), entered into a set of agreements governing the procurement of financing (the “Project Finance”) with a reputable European institutional investor (the “Lender”), intended to finance the construction and related expenses of the Italian Solar Portfolio. The Italian Solar Portfolio includes three solar facilities,...

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TransPerfect Acquires Technicolor Games

Leading Gaming Studio to Become Division of TransPerfect Gaming SAN FRANCISCO and BANGALORE, India, March 01, 2025 (GLOBE NEWSWIRE) — TransPerfect, the world’s largest provider of language and AI solutions for global business, today announced it has acquired Technicolor Games, the gaming division of Technicolor Group, S.A. Financial terms of the transaction were not disclosed. With offices in London, San Francisco, Montreal, and Bangalore, Technicolor Games includes more than 400 creative artists specializing in concept art, 3D art, animation, VFX, and cinematics. The company works with a global clientele—including major developers like Electronic Arts, Capcom, and 2K—on AAA titles such as Dragon Age: The Veilguard, Hogwarts Legacy, FC25, and Street Fighter 6. As part of the deal, TransPerfect will welcome all Technicolor Games...

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