Allied Energy (OTCMKTS: AGYP) signed a concluding contract with Energy Management Resources, LLC. Allied Energy Corp announced that Petroleum Engineer Mark McBryde initiated an effort on a Reserve Report specifying demonstrated, probable and likely reserves on all Allied’s present charters. Mr. McBryde will first deliver a decision-making brief of each distinct tenancy itemized on the Engineering Report initiating with the “Green Lease.” Once all decision-making tenancy précises are issued, Allied…
Meta Materials Inc. (NASDAQ: MMAT) Appoints Ophthalmic Industry Veteran Darren Ihmels as VP Business Development
Meta Materials Inc. (NASDAQ: MMAT) has appointed Mr. Darren Ihmels as VP of Business Development Ophthalmic. Ihmels has more than 30 years of ophthalmic products, manufacturing, sales, and services experience for smart augmented reality applications and prescription lenses. Ihmels to expand Meta material’s ARfusion tech His work will expand the company’s ARfusion tech, which integrates precision cast lens production methods, functional nanostructures, and volumetric holograms to give META Materials’ AR…
Cyclerion Therapeutics Inc. (NASDAQ: CYCN) Expands its Partnership With Beacon Biosignals
Cyclerion Therapeutics Inc. (NASDAQ: CYCN) has announced an expansion and extended its strategic partnership with Beacon Biosignals. The partnership will identify disease-relevant biomarkers refining patient selection as well as endpoints to guide Cyclerion’s clinical development of experimental therapies for cognitive impairment-related neurological diseases. Cyclerion to leverage Beacon Biosignals’ EEG tech The EEG neurobiomarker technology from Beacon Biosignals is designed to find and scale novel therapeutic models for psychiatric and neurological…
Endo International plc (NASDAQ: ENDP) Reports 12% YoY Drop in Q1 2021 Consolidated Revenue
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…