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Zevra Files Definitive Proxy Statement and Mails Letter to Stockholders
GlobeNewswire· 2025-04-21 11:22
Highlights 54.8% Total Stockholder Return Under Refreshed Board and Management Team Zevra Continues Growth Trajectory into a Global Commercial Rare Disease Company with Consistent Execution, New Product Launches, and Significant Financial Flexibility to Execute Strategic Plan Urges Stockholders to Defend Board Independence from Majority Influence by Individual 2.8% Stockholder, Mangless, Who Had Three Nominees Elected to the Board in 2023 Mangless Has Not Detailed any Strategies, Plans, or New Ideas to Imp ...
Spring Has Sprung with Domino's® 50% Off Pizza Deal
Prnewswire· 2025-04-21 11:07
Group 1 - Domino's Pizza is offering a 50% discount on all menu-priced pizzas ordered online from April 21-27, 2025 [1][2][3] - The promotion is aimed at enhancing customer engagement during the spring season, providing an opportunity for casual dining or gatherings [3] - Domino's offers a variety of crust options and specialty pizzas to cater to diverse customer preferences [3] Group 2 - Founded in 1960, Domino's Pizza is the largest pizza company globally, with over 21,300 stores in more than 90 markets [4] - In 2024, Domino's reported global retail sales exceeding $19.1 billion, with a significant portion of sales generated through digital channels [4] - Independent franchise owners operate 99% of Domino's stores, highlighting the company's franchise-based business model [4]
BioStem Technologies to Present at the Centri Capital Conference
GlobeNewswire· 2025-04-21 11:07
Core Insights - BioStem Technologies, Inc. is a leading MedTech company specializing in placental-derived products for advanced wound care [1][3] - The CEO, Jason Matuszewski, will present at the Centri Capital Conference on April 22, 2025, at Nasdaq headquarters in New York City [1] Company Overview - BioStem Technologies focuses on the development, manufacturing, and commercialization of allografts utilizing perinatal tissue [3] - The company employs a proprietary BioREtain processing method aimed at preserving growth factors and tissue structure [3] - BioStem's quality management system is accredited by the American Association of Tissue Banks (AATB) and adheres to current Good Tissue Practices (cGTP) and Good Manufacturing Processes (cGMP) [3] - The product portfolio includes brands such as AmnioWrap™, VENDAJE, VENDAJE AC, and VENDAJE OPTIC, all processed at the FDA registered and AATB accredited facility in Pompano Beach, Florida [3]
HBT Financial, Inc. Announces First Quarter 2025 Financial Results
GlobeNewswire· 2025-04-21 11:05
First Quarter Highlights BLOOMINGTON, Ill., April 21, 2025 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ: HBT) (the "Company" or "HBT Financial" or "HBT"), the holding company for Heartland Bank and Trust Company, today reported net income of $19.1 million, or $0.60 diluted earnings per share, for the first quarter of 2025. This compares to net income of $20.3 million, or $0.64 diluted earnings per share, for the fourth quarter of 2024, and net income of $15.3 million, or $0.48 diluted earnings per share, ...
Kraig Biocraft Laboratories Provides Production Update on Recombinant Spider Silk Operations
GlobeNewswire· 2025-04-21 11:05
Core Insights - Kraig Biocraft Laboratories, Inc. is advancing its recombinant spider silk production, currently in the largest batch to date [1] - The first half of the current production batch has been completed, with the second half expected to finish in the next 14 days [2] - This production run marks a significant milestone with the first simultaneous batches of BAM-1 produced in new facilities, demonstrating the scalability and reliability of the production model [3] Production Progress - The company has successfully completed the production of all BAM-1 hybrid eggs for release over the next month, ensuring a steady supply for future production cycles [4] - The execution of simultaneous production batches showcases the scalability of the technology from batch processing to continuous flow manufacturing [5] Strategic Positioning - The company is positioned to accelerate the growth and commercialization of its eco-friendly and high-performance spider silk fibers, with ongoing updates expected as production and commercialization goals progress [5] - Kraig Labs is recognized as a leading developer of genetically engineered spider silk-based fiber technologies, with significant implications for the global textile industry [7]
Invivyd Announces $30M Non-dilutive Loan Facility with Silicon Valley Bank
Newsfilter· 2025-04-21 11:01
Core Viewpoint - Invivyd, Inc. has secured a $30 million term loan facility with Silicon Valley Bank to support its development pipeline, particularly focusing on the monoclonal antibody candidate VYD2311 for COVID-19 [1][2] Group 1: Financial Developments - The $30 million term loan facility allows for future capital drawdown contingent on meeting specific conditions and milestones [1] - The financing is non-dilutive, providing balance sheet flexibility for the company to concentrate on enhancing per-share value [2] Group 2: Product Development - VYD2311 is a novel monoclonal antibody candidate aimed at addressing the urgent need for new COVID-19 prophylactic and therapeutic options [2] - The candidate is designed to deliver clinically meaningful titer levels through a more patient-friendly intramuscular administration route [2] - VYD2311 utilizes Invivyd's proprietary technology platform and is optimized for neutralizing contemporary virus lineages [3] Group 3: Related Products - PEMGARDA (pemivibart) is another investigational monoclonal antibody developed from adintrevimab, showing in vitro neutralizing activity against major SARS-CoV-2 variants [4][5] - PEMGARDA has received emergency use authorization for pre-exposure prophylaxis in certain immunocompromised patients [5][6] - The product is not authorized for treatment or post-exposure prophylaxis of COVID-19 and should not replace vaccination [6][10] Group 4: Regulatory Context - The emergency use of PEMGARDA is authorized only during the COVID-19 pandemic under specific conditions, including variant susceptibility [10] - The company has received emergency use authorization from the U.S. FDA for a monoclonal antibody in its pipeline [11]
Arvinas to Present Preclinical Data for PROTAC BCL6 Degrader, ARV-393, at 2025 American Association for Cancer Research® (AACR) Annual Meeting
Newsfilter· 2025-04-21 11:00
Core Insights - Arvinas, Inc. announced new preclinical combination data for ARV-393, which will be presented at the AACR Annual meeting, highlighting its potential to be combined with standard lymphoma treatments [1][2] Group 1: Product Information - ARV-393 is an investigational PROteolysis TArgeting Chimera (PROTAC) designed to degrade B-cell lymphoma 6 protein (BCL6), a key driver of B-cell lymphomas [2][4] - The degradation of BCL6 through PROTAC technology aims to address the traditionally undruggable nature of this protein, which plays a significant role in B cell tolerance and proliferation [4] Group 2: Presentation Details - The presentation of ARV-393 will take place on April 28, 2025, at the AACR Annual meeting, with the poster titled "ARV-393, a PROteolysis TArgeting Chimera (PROTAC) BCL6 Degrader, Combined With Biologics or Small-Molecule Inhibitors Induces Tumor Regressions in Diffuse Large B-Cell Lymphoma Models" [3] - The session will focus on experimental and molecular therapeutics, specifically under the title "Degraders and Glues 2" [3] Group 3: Company Overview - Arvinas is a clinical-stage biotechnology company focused on developing therapies that utilize the body's natural protein disposal system to selectively degrade disease-causing proteins [5] - The company is advancing multiple investigational drugs, including vepdegestrant for ER+/HER2- breast cancer, ARV-393 for non-Hodgkin lymphoma, and ARV-102 for neurodegenerative disorders [5]
BioCryst to Report First Quarter 2025 Financial Results on May 5
Newsfilter· 2025-04-21 11:00
Core Viewpoint - BioCryst Pharmaceuticals will report its first quarter 2025 financial results on May 5, 2025, and will host a conference call to discuss these results and provide a corporate update [1]. Company Overview - BioCryst Pharmaceuticals is a global biotechnology company focused on improving the lives of individuals with hereditary angioedema and other rare diseases [3]. - The company utilizes structure-guided drug design to develop first-in-class or best-in-class oral small-molecule and protein therapeutics targeting difficult-to-treat diseases [3]. - BioCryst has commercialized ORLADEYO® (berotralstat), the first oral, once-daily plasma kallikrein inhibitor, and is advancing a pipeline of small-molecule and protein therapies [3].
CytoSorbents Receives Approximately $1.7 Million from the New Jersey Business Tax Certificate Transfer Program
Prnewswire· 2025-04-21 11:00
Core Viewpoint - CytoSorbents Corporation has successfully converted its Net Operating Loss (NOL) and R&D tax credits into $1.7 million in cash through the New Jersey Technology Business Tax Certificate Transfer Program, which will bolster its cash reserves and support ongoing growth initiatives [1][2]. Group 1: Financial Impact - The company received $1.7 million in cash proceeds from the sale of its 2023 and amended 2022 NOL and R&D tax credits [1][2]. - This funding is aimed at strengthening cash reserves and supporting strategic initiatives, including the launch of DrugSorb™-ATR in the U.S. and Canada and scaling up manufacturing at its new Princeton facility [2]. Group 2: Tax Credit Program - The New Jersey Technology Business Tax Certificate Transfer Program allows approved technology and biotechnology businesses with NOLs to sell their unused NOLs and R&D tax credits for at least 80% of their value to profitable corporate taxpayers in New Jersey [3]. - The program enables companies to convert tax losses and credits into cash for various expenditures, enhancing their financial flexibility [3]. Group 3: Legislative Context - New Jersey enacted tax reform legislation on July 3, 2023, allowing taxpayers to immediately deduct R&D expenditures retroactively from January 1, 2022, which increased the NOL available for sale in the NJEDA Program for CytoSorbents [4]. Group 4: Company Overview - CytoSorbents Corporation specializes in blood purification technologies for treating life-threatening conditions in intensive care and cardiac surgery [5]. - The company's lead product, CytoSorb®, is approved in the EU and has been used in over 270,000 devices globally, with applications in critical illnesses such as sepsis and liver failure [6]. - CytoSorbents is also developing DrugSorb™-ATR, an investigational device aimed at reducing perioperative bleeding in high-risk surgeries [7].
CECO Environmental to Release First Quarter Earnings and Host Conference Call on April 29
Newsfilter· 2025-04-21 11:00
Core Viewpoint - CECO Environmental Corp. will report its first quarter financial results for 2025 on April 29, 2025, before the market opens, and will host an earnings call at 8:30 a.m. Eastern Time [1] Group 1: Financial Reporting - The earnings call will take place on April 29, 2025, at 8:30 a.m. Eastern Time [2] - Financial results and presentation will be available on the company's website [1] Group 2: Company Overview - CECO Environmental is a diversified industrial company focused on environmentally friendly solutions, serving industrial air, water, and energy transition markets globally [3] - The company operates through key business segments: Engineered Systems and Industrial Process Solutions, providing innovative technology and application expertise [3] - CECO's solutions aim to improve air quality, optimize energy value chains, and offer custom solutions across various industrial applications, including power generation and battery production [3]