NLS Pharmaceuticals Ltd. (NASDAQ: NLSP) has released new study data supporting mazindol’s action mechanism. Mazindol is an active compound in NLS Pharmaceutical’s flagship product candidate for narcolepsy, Quilience, treatment. Mazindol shows OX2R agonist activity The released data confirmed the agonist activity of mazindol’s Orexin receptor (OX2R). In NLS sponsored pre-clinical study carried by the University of Lausanne’s Biomedical Sciences Department, genetically modified mice not to show OX2R and Wild-Type mice…
Dynatronics Corporation (NASDAQ: DYNT) Announces Management Changes and Releases Q3 2021 Results
Dynatronics Corporation (NASDAQ: DYNT) has promoted Sarah Rome-Mealman to Marketing Vice President and appointment of George C. Murray as the Vice President Global Operations and Supply Chain. Sarah Rome-Mealman promoted to marketing VP She has over 13 years of production innovation and marketing experience in medical technologies and device companies, including gradually expanding the marketing product management departments at Telefex, Rochester Medical, Labori/Congentix Medical, and Medtronic. She joined Dynatronics in…
Akari Therapeutics Plc. (NASDAQ: AKTX) Announces $12 Million Private Placement Offering and Releases Q1 2021 Results
Akari Therapeutics Plc. (NASDAQ: AKTX) has entered a definitive securities purchase agreement with some accredited institutional investors led by current shareholders, including Ray Prudo, the company’s chairman. The private placement of the equity securities will generate gross proceeds of around $12 million. Akari to offer ADS at $1.55 per share in a private placement The company will offer unregistered American Depository Shares at $1.55 per ADS, in accordance with the…
Stealth Biotherapeutics Corp (NASDAQ: MITO) Has Joined the Rare Disease Company Alliance
Stealth Biotherapeutics Corp (NASDAQ: MITO) has joined an alliance for life science companies focusing on rare diseases treatments discovery, development, and delivery to Rare Disease Company Coalition patients. Coalition to advocate for better prescription drugs pricing laws Reenie McCarthy, Stealth CEO, said, “We are thrilled to be a part of the first-of-its-kind Rare Disease Company Coalition, which is focused on supporting rare disease patients through the development of innovative therapeutics….
Chipotle Mexican Grill Inc. (NYSE: CMG) Offering Buy-One-Get-One-Free Entrée for Vaccinated Customers
Chipotle Mexican Grill Inc. (NYSE: CMG) has become the latest company to offer incentives to people for getting vaccinated against the coronavirus. The fast-food chain announced that it would be offering buy-one-get-one-free entrees Tuesday between 3 p.m. until they close across participating restaurants countrywide with an entrée purchase. Chipotle offering free entrees In a statement, the chain’s Chief Marketing Officer, Chris Brandt, said, “As a proud participant in the National…
KeyCorp’s (NYSE: KEY) Declares Q3 2021 Dividend And Expands KeyBanc’s Utilities, Power and Renewable Group
KeyCorp’s (NYSE: KEY) Board of Directors has declared dividends for Q3 2021. The company announced a cash dividend of $0.185 for each share of the company’s outstanding common shares. The dividends will be payable to shareholders on record August 31, 2021, on September 15, 2021. KeyCorp Declares dividend Also, the company declared a dividend of $312.7 per share on the company’s outstanding Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Series D Stock….
Merck (NYSE: MRK) enters Clinical Trial Collaboration And Supply Agreement With OncoSec Medical Incorporated (NASDAQ: ONCS)
OncoSec Medical Incorporated (NASDAQ: ONCS) jumped 21.86% after entering a Clinical Trial Collaboration and Supply Agreement with Merck (NYSE: MRK) to study the combination of its DNA plasmid interleukin-12 TAVO with Merck’s KEYTRUDA (pembrolizumab) in a randomized third phase clinical study, KEYNOTE-C87. Merck and OncoSec to conduct KEYNOTE-C87 study The clinical trial will assess overall patient survival for patients treated with OncoSec’s TAVO in combination with Merck’s KEYTRUDA compared to…
Exxon Mobil (NYSE: XOM) Fails To Discover Hydrocarbons In The Jabilo-1 Well In Canje Block, Guyana
For the second time, Exxon Mobil (NYSE: XOM) failed to make a commercial discovery in the Jabillo-1 well located in the Canje block offshore Guyana after reportedly drilling a dry hole. The company drilled the well up to 6,475 meters but didn’t find any hydrocarbons and will now be plugged. On the other hand, the Stena DrillMax is operating in the company’s run Stabroek block and is likely to commence…
Uber Technologies (NYSE: UBER) And Lyft Inc. (NYSE: LYFT) Are To Blame For Current Driver Shortages They Face
Workers have been leaving the ride-hailing industry leading to a severe shortage of drivers. According to Aquent CEO John Chuang, Uber Technologies (NYSE: UBER) and Lyft Inc. (NYSE: LYFT) are to blame for the crisis. Ride-hailing companies facing driver shortages Chuang said, “One, [ride-sharing companies] have very low wages,” Chuang said. “And they are very undesirable jobs. Now that we have 7 million less employed workers in America right now,…
Carnival Corp (NYSE: CCL) Launches First Ship From A US Port Since The Start Of The Pandemic
Carnival Corp (NYSE: CCL) shares dropped following the announcement of a tender offer of the company’s 11.5% senior secured noted expected 2023 subject to refinancing. CCL might have dropped in line with sector-wide plunges as other cruise companies also dropped. CCL stock tests support level for the fourth time The stock has been trading in a sideways channel, and for the fourth time, it has tested its support level. CCL…