Endo International plc (NASDAQ: ENDP) has reported its Q1 2021 financial results for the period ended March 31, 2021, in which consolidated revenue was $718 million, which is a 12% Yoy drop. The decline was a result of Sterile Injectable and Generic Pharmaceutical segment revenue decrease. Growing competition affected sales in Q1 2021 Branded pharmaceutical unit revenue was $207 million, with specialty product revenues jumping 7% to 143 million and…
Summit Wireless Technologies Inc. (NASDAQ: WISA) Enters Securities Purchase Agreement To Sell 2.5 Million Common Shares
Summit Wireless Technologies Inc. (NASDAQ: WISA) dropped 15% after announcing the signing of a securities purchase agreement with various accredited institutional investors to offer and sell 2.5 million common shares of its stock at $4 per share. Summit Wireless Announce $10 million direct offering The company will offer the shares in a registered at-the-market direct offering as per the Nasdaq rules and expects gross proceeds of $10 million. Subject to…
Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) Appoints Carolyn Taylor To Its Board and releases Q1 2021 Result
Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) has appointed Carolyn Taylor as a board member effective July 16, 2021. Tonix appoints Carolyn Taylor to its Board. Taylor has been a Covington & Burling law firm partner for over 15 years and has served as General Counsel of Longitude Inc. and Strike Protocols. She said, “It’s a pleasure to join a company with a strong sense of purpose coupled with such a…
RELIEF Therapeutics Holding AG (OTCMKTS: RLFTF) Says Its Collaboration Partner Has Validated a Commercial Aviptadil Formulation
RELIEF Therapeutics Holding AG (OTCMKTS: RLFTF) has announced that the parent company of its US partner NRx Pharmaceuticals Inc. (NASDAQ: NRX) has confirmed the validation of a commercial aviptadil formulation for intravenous use. This will allow for high volume production with an expected one year or more stability under the ideal storage condition. NRx successfully validates new aviptadil formulation NRx CEO Jonathan Javitt said, “When we began developing aviptadil for…
TD Holdings Inc. (NASDAQ: GLG) Signs Trade Collaboration Deal With Yangpu Economic Development Zone
TD Holdings Inc. (NASDAQ: GLG) has announced signing a trade partnership agreement with Yangpu Economic Development Zone’s management committee through its subsidiary Hainan Baiyu Cross-border E-Commerce Co. Ltd. TD Holdings enter a cooperation agreement in Hainan Yangpu Economic Development Zone is Hainan’s biggest economic zone and the maiden national-level development zone in China that has been developed comprehensively through foreign investments. The zone enjoys preferential bonded zones policies. The cooperation…
Acorda Therapeutics Inc. (NASDAQ: ACOR) Enters Supply and Distribution Agreement for INBROJA with Esteve Pharmaceuticals
Acorda Therapeutics Inc. (NASDAQ: ACOR) jumped 24.15% after the company announced the signing of supply and distribution agreements for INBRIJA commercialization in Spain. ESTEVE to distribute INBRIJA in Spain The company and Esteve Pharmaceuticals S.A entered the commercialization deal to distribute levodopa inhalation powder, INBRIJA, in the country. Currently, levodopa is indicated in the European Union for intermittent episodic motor fluctuations (OFF episodes) in Parkinson’s disease patients treated with levodopa…
Medigus Ltd (NASDAQ: MDGS) Increases Its Interest in Gix Internet to 36.7%
Medigus Ltd (NASDAQ: MDGS) gained 28% on a massive volume of around 152.4 million more than the stock’s average daily volume of 2.75 million. The company exercised all rights to transfer Linkury Ltd. stock to Gix Internet Ltd shares. Medigus increases Gix stake The company received 3,954,980 additional GIX common shares, and following the conversion, the company will now hold 36.7% interest of Gix’s outstanding capital on a fully diluted…
InspireMD Inc. (NASDAQ: NSPR) Commences Enrolment and Treatment of Patients in C-Guardian Study of CGuard EPS
InspireMD Inc. (NASDAQ: NSPR) dropped 6.68% after the company announced the commencement of enrollment and completed the first cases of its US registration C-Guardian study of CGuard EPS. C-Guardian trial to enroll 315 patients Under the care of lead investigator Chris Metzger, the first patients were implanted successfully with a CGuard EPS stent device. The patients were the first out of 315 patients the trial expected to enroll treated with…
Metamaterial Inc (NASDAQ: MMAT) hires Darren Ihmels as Vice President of Business Development Ophthalmics
Metamaterial Inc (NASDAQ: MMAT), a high-performance functional materials and nanocomposites developer, has announced Mr. Darren Ihmels as Vice President of Business Development Ophthalmics. Ihmels will be absorbed in developing META’s ARfusion™ skill Ihmels conveys over 30 years of knowledge in ophthalmic merchandises, deals, engineering, gear, and services for instruction lenses and bright amplified authenticity (AR) applications. “To grow a commercially effective increased reality eyewear trade, it is essential to stylishly…
Alternet Systems, Inc. (OTCMKTS: ALYI) Ratifies Approaching Power-driven Motorcycle Trial Report
Alternet Systems, Inc. (OTCMKTS: ALYI) has substantiated a planned electric motorcycle pilot report to deliver a complete apprise on the trial headway so far and an indication of what to expect going onward. The company launched a widespread Pilot in Kenya Last week, ALYI validated an order for 2,000 electric motorbikes. ALYI has recently launched a complete trial bringing together a swarm of associates in Kenya to support a broth-to-nuts…