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YD Bio and EG BioMed Jointly Launch Nationwide Telehealth Platform to Accelerate Commercialization of Cancer Detection and Decentralized Clinical Services Across the United States
Globenewswire· 2026-03-31 12:00
Core Insights - YD Bio Limited has launched the EG Telehealth Platform in collaboration with EG BioMed, marking a significant step in the commercialization of early cancer detection and decentralized clinical services across the U.S. [1][9] Group 1: Platform Launch and Capabilities - The EG Telehealth Platform is now operational and accessible in 44 U.S. states, Washington D.C., and Guam, supported by a nationwide network of licensed physicians [2][6] - The platform is designed to support both diagnostic service delivery and future clinical program expansion, establishing a scalable digital infrastructure [2][5] - It enables detection and monitoring of multiple cancer types, including pancreatic, colorectal, liver, gastrointestinal, and breast cancers, addressing significant unmet clinical needs [5] Group 2: Strategic Collaboration - The collaboration integrates YD Bio's digital health platform with EG BioMed's CLIA/CAP-certified laboratory capabilities, creating an ecosystem that connects patient access, physician oversight, and advanced cancer testing [3][4] - The platform introduces a decentralized, technology-driven approach that reduces barriers to patient access and allows for rapid scaling of diagnostic services without the need for physical infrastructure expansion [4][8] Group 3: Business Model and Future Plans - The operating model is scalable and asset-light, enabling service expansion without proportional increases in physical infrastructure or marketing expenditures [8] - The launch is part of YD Bio's broader strategy to build an integrated healthcare platform that bridges diagnostics, telehealth, and clinical development, with expectations for future partnerships and expanded diagnostic offerings [9][10] - YD Bio is advancing a merger with EG BioMed, anticipated to close in 2026, which is expected to enhance the company's capabilities in early cancer detection and diagnostic solutions [10][11]
Milestone Pharmaceuticals Announces that CARDAMYST™ (etripamil) Nasal Spray is Available on Express Scripts Commercial National Formularies
Globenewswire· 2026-03-31 12:00
Core Viewpoint - Milestone Pharmaceuticals has successfully expanded access to its product CARDAMYST™ (etripamil) nasal spray through its inclusion in Express Scripts' national formularies, enhancing affordability and accessibility for patients with paroxysmal supraventricular tachycardia (PSVT) across the United States [1][3]. Company Overview - Milestone Pharmaceuticals Inc. is a biopharmaceutical company focused on developing and commercializing innovative cardiovascular medicines, with CARDAMYST as its lead product [16]. - The company aims to provide effective treatment options for patients suffering from heart conditions, particularly PSVT [16]. Product Information - CARDAMYST is the first FDA-approved self-administered nasal spray for converting acute symptomatic episodes of PSVT to sinus rhythm in adults [2][5]. - The product is designed as a rapid response therapy, allowing patients to manage their condition without immediate medical oversight [5]. - CARDAMYST has undergone a robust clinical trial program, including a completed Phase 3 clinical-stage program for PSVT treatment [5]. Market Impact - The addition of CARDAMYST to Express Scripts' formularies marks a significant milestone as it is the first major payor to accept the product, which is expected to improve patient access to this treatment option [3]. - Approximately two million people in the U.S. are diagnosed with PSVT, indicating a substantial market potential for CARDAMYST [4]. Future Development - Milestone Pharmaceuticals is committed to further expanding access to CARDAMYST and is actively engaging with other insurance providers to increase coverage [3]. - Etripamil, the active ingredient in CARDAMYST, is also in development for treating PSVT in pediatric patients and for controlling acute atrial fibrillation with rapid ventricular rate in adults [5].
Live Oak Bank Grant Supports Lower Cape Fear LifeCare Hospice Nurses, Addresses Growing Care Shortage in North Carolina
Globenewswire· 2026-03-31 12:00
Core Insights - Live Oak Bank has provided a $300,000 grant to support the Lower Cape Fear LifeCare Scholars program, aimed at recruiting, training, and retaining registered nurses in hospice and palliative care in southeastern North Carolina [2][8] Program Overview - LifeCare Scholars offers a six-month residency for new graduate nurses, combining classroom learning, mentorship, and hands-on clinical experience at no cost to participants [3] Proven Impact and Measurable Outcomes - Since its launch in 2021, the program has shown significant results, including a 78% retention rate of nurses at Lower Cape Fear LifeCare and over 1,000 patient visits per nurse annually, which enhances access to specialized care [4][9] Commitment to Workforce Development - Live Oak Bank emphasizes its commitment to workforce development through initiatives like LifeCare Scholars, which aims to build a skilled nursing workforce and improve access to quality care [5] Strengthening Regional Care - The partnership with Live Oak Bank is viewed as an investment in community healthcare, ensuring that patients and families receive compassionate, high-quality care [6]
IZEA Launches ZED: The Creator Economy Marketing Operations Platform Infused with AI
Globenewswire· 2026-03-31 12:00
Core Insights - The launch of ZED by IZEA Worldwide, Inc. aims to address the complexities of creator marketing by providing a comprehensive platform for managing integrated creator campaigns at scale [2][5][6] Company Overview - IZEA Worldwide, Inc. is a full-service creator economy agency that has facilitated nearly 4 million collaborations between brands and creators since its inception in 2006 [7] Product Features - ZED is designed to help brands plan smarter campaigns, collaborate with creators, automate workflows, measure performance in real time, and continuously optimize using AI [5][12] - The platform is likened to Salesforce, enabling marketing teams to efficiently manage hundreds of creators simultaneously [6] Industry Challenges - Brands face significant challenges in identifying the right creators to partner with, with 39% citing proving ROI as their biggest hurdle in measuring success [4]
La Rosa Holdings Adds Over $6.4 Million in Net Assets to Balance Sheet as Part of Digital Asset Treasury to Scale AI Infrastructure Strategy
Globenewswire· 2026-03-31 12:00
Core Insights - La Rosa Holdings Corp. has added over $6.4 million in net assets to its balance sheet as part of its digital asset treasury strategy, enhancing its financial flexibility to support AI infrastructure development [1][8] - The company has established a strategic reserve of approximately $8.1 million in digital assets and $2.2 million in cash to facilitate its AI infrastructure strategy and the development of advanced data center facilities [2] Financial Strategy - The strategic reserve includes approximately $3.9 million in restricted digital assets under a token rights agreement, aimed at providing liquidity and financial agility for scaling AI infrastructure [2] - The strengthened balance sheet is expected to support the initial capital requirements for acquiring land in Osceola County, a key step in advancing the company's data center development strategy [6][8] Market Opportunity - La Rosa aims to capitalize on the increasing demand for high-performance computing and AI-driven applications by developing purpose-built infrastructure [3] - The company plans to identify, develop, and manage high-quality data center assets in key markets where demand for AI infrastructure is rapidly growing [3] Acquisition Plans - La Rosa has entered into a contract to acquire land in Osceola County to develop a Tier III AI data center, which is expected to address the rising demand for high-performance computing infrastructure [4] - The planned facility will span up to 10,000 square feet and support an estimated IT load of approximately 1,500 kW, targeting enterprise, cloud, and AI-driven workloads [5] Strategic Partnerships - The company has also entered into a non-binding letter of intent to acquire 100% of Consensus Core Technologies, a provider of critical infrastructure solutions for AI and high-performance computing [7] - This acquisition is intended to position La Rosa at the forefront of the AI infrastructure ecosystem and provide a scalable platform to meet the growing demand for AI compute capacity [7]
Aduro Clean Technologies to Present at Three Investor Conferences in April
Globenewswire· 2026-03-31 12:00
Core Viewpoint - Aduro Clean Technologies Inc. is advancing its commercial momentum by transitioning from pilot-scale operations to industrial deployment, with CEO Ofer Vicus scheduled to present at three investor conferences in April 2026 to provide updates on its progress and commercialization strategies [1][2]. Group 1: Investor Engagements - The investor conferences aim to support Aduro's commercial momentum and provide updates on the Next Generation Process (NGP) Pilot Plant, planning for the First-of-a-Kind (FOAK) industrial facility, and commercialization pathways [2]. - The Lytham Partners 2026 Industrials & Basic Materials Investor Summit will focus on Aduro's evolution from technology development to execution and scale-up, including pilot operations to industrial deployment [3]. - The Gabelli Funds 12th Annual Waste & Sustainability Symposium will emphasize Aduro's Hydrochemolytic™ Technology in processing mixed and hard-to-recycle plastics, highlighting its integration within existing recycling systems [4]. - The WTR Insights Conference will facilitate in-depth discussions on Aduro's development strategy, including pilot-scale progress and partner-driven validation [5]. Group 2: Company Overview - Aduro Clean Technologies specializes in patented water-based technologies for chemically recycling waste plastics, converting heavy crude and bitumen into lighter oil, and transforming renewable oils into higher-value fuels or chemicals [7]. - The Hydrochemolytic™ Technology is a key component of Aduro's approach, utilizing water as a critical agent in a low-temperature chemistry platform to convert low-value feedstocks into valuable resources [7].
Cocrystal Pharma Reports 2025 Financial Results and Provides Updates on its Antiviral Drug-Development Programs
Globenewswire· 2026-03-31 12:00
Core Viewpoint - Cocrystal Pharma is advancing its antiviral product pipeline, particularly focusing on CDI-988, an oral antiviral candidate for norovirus treatment and prevention, amidst a significant unmet medical need in the market [1][7][18]. Antiviral Product Pipeline Overview - The company utilizes a structure-based drug discovery platform to develop broad-spectrum antivirals that target conserved regions of viral proteins, enhancing efficacy against mutations and reducing side effects [4]. - CDI-988 is designed as a direct-acting oral antiviral targeting the 3CL protease of noroviruses and has potential applications against coronaviruses [3][15]. Norovirus Program - Norovirus causes approximately 685 million cases globally each year, with a $60 billion economic impact, highlighting the urgent need for effective treatments [6]. - CDI-988 is currently undergoing a Phase 1b challenge study at Emory University, with the primary endpoint focused on reducing clinical symptoms [2][7]. Financial Results - For the year ended December 31, 2025, Cocrystal reported a net loss of $8.8 million, a significant reduction from the $17.5 million loss in 2024, indicating improved financial management [17]. - Research and development expenses decreased to $5.1 million in 2025 from $12.5 million in 2024, primarily due to the winding down of previous studies [16]. Influenza Programs - The company is also developing CC-42344, a novel PB2 inhibitor for influenza, which has shown in vitro activity against resistant strains [11][13]. - Influenza poses a major health threat with approximately 1 billion cases annually, leading to significant healthcare costs [10]. Market Potential - The global market for COVID-19 therapeutics is projected to exceed $16 billion annually by the end of 2031, indicating substantial growth opportunities for antiviral treatments [14].
Stryker names Nick Mead Vice President, Investor Relations
Globenewswire· 2026-03-31 12:00
Core Viewpoint - Stryker has announced key leadership appointments, including Nick Mead as Vice President of Investor Relations and Jason Beach as Vice President, Group CFO for MedSurg and Neurotechnology, aimed at enhancing strategic decision-making and investor engagement [1][4]. Group 1: Leadership Appointments - Nick Mead has been appointed Vice President, Investor Relations, effective May 1, 2026, bringing nearly 20 years of experience at Stryker [1][2]. - Jason Beach has been named Vice President, Group CFO for MedSurg and Neurotechnology, previously serving as Vice President, Finance for Stryker's Instruments division [1][4]. Group 2: Experience and Expertise - Nick Mead has held various roles across Stryker's finance organization, supporting commercial planning, investment decisions, and mergers and acquisitions [2][3]. - Jason Beach is recognized for his strong operational leadership and strategic insight, having led multiple acquisitions and finance transformation initiatives [4]. Group 3: Company Overview - Stryker is a global leader in medical technologies, impacting over 150 million patients annually through innovative products and services in MedSurg, Neurotechnology, and Orthopaedics [5].
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2026 Financial Results
Globenewswire· 2026-03-31 12:00
Core Viewpoint - Ormat Technologies Inc. is set to release its first quarter financial results on May 6, 2026, followed by a conference call on May 7, 2026, to discuss these results [1]. Group 1: Financial Results Announcement - The company will issue a press release regarding its first quarter financial results after market close on May 6, 2026 [1]. - A conference call is scheduled for May 7, 2026, at 09:00 a.m. ET to discuss the financial results [1]. Group 2: Conference Call Details - Participants in the U.S. and Canada can join the call by dialing 1-800-715-9871, while international participants should dial +1-646-307-1963 [2]. - The access code for the conference call is 3818407, and participants should request the "Ormat Technologies, Inc. call" [2]. - A live webcast will be available on the Investor Relations section of the company's website during the call [2]. Group 3: Replay Information - A replay of the conference call will be available one hour after its conclusion [3]. - U.S. and Canada participants can access the replay by dialing 1-800-770-2030, while international participants can dial +1-647-362-9199 [3]. - The replay access code is 3818407, and the webcast will be archived on the Investor Relations section of the company's website [3]. Group 4: Company Overview - Ormat Technologies, Inc. has over six decades of experience in the geothermal sector and is the only vertically integrated company in geothermal and recovered energy generation (REG) [4]. - The company owns and operates approximately 3,600MW of gross capacity in geothermal and REG power plants globally [4]. - Ormat's current generating portfolio totals 1,835MW, including 1,340MW from geothermal and solar generation across various countries, and a 495MW energy storage portfolio located in the U.S. [4].
Luxury New Energy Vehicle Enterprise Seres Announces 2025 Annual Results Revenue Hits a Record High of RMB165.05 Billion, Net Profit Reaches RMB5.96 Billion
Globenewswire· 2026-03-31 12:00
Core Viewpoint - Seres Group Co., Ltd. reported a record revenue of approximately RMB165.05 billion for the year ended December 31, 2025, reflecting a year-on-year increase of 13.7%, with a net profit of approximately RMB5.96 billion, showcasing the company's strong market position and operational strength in the luxury new energy vehicle sector [3][4][5]. Financial Performance - The Group achieved a gross profit margin of 28.8% in the new energy vehicle segment, indicating strong pricing power and cost efficiency [4]. - R&D investment surged to RMB12.51 billion, marking a 77.4% increase year-on-year, underscoring the commitment to product innovation and market expansion [4][9]. Market Position and Product Performance - AITO, the Group's high-end brand, delivered over 420,000 vehicles in 2025, making it the best-selling Chinese luxury car brand domestically [6]. - Key models such as the AITO M9 and M8 maintained top sales positions in their respective segments, with the M8 achieving over 150,000 units sold since its launch [8][10]. R&D and Technological Advancements - The Group's R&D team expanded to 9,091 personnel, a 45.4% increase year-on-year, with a total of 8,046 authorized patents, enhancing competitive capabilities [10]. - Cumulative intelligent assisted driving mileage reached 3.8 billion kilometers, reflecting user adoption and trust in the technology [7]. Cash Position and Shareholder Returns - The Group reported a net cash flow from operating activities of RMB28.91 billion, indicating a strong financial position to support ongoing investments [12]. - A final dividend of RMB0.8 per share was proposed, totaling approximately RMB1.9 billion, demonstrating a commitment to delivering stable returns to shareholders [13]. ESG Management and Global Expansion - The Group enhanced its ESG management practices, achieving an AAA rating from MSCI, reflecting strong recognition of its sustainability efforts [15]. - The company is actively pursuing global market opportunities and aims to build an international brand image while maintaining steady growth in core businesses [16]. Future Outlook - Looking ahead, the Group plans to focus on the high-end intelligent electric vehicle segment, aiming to achieve a second million-unit sales target within two years while expanding R&D for overseas markets [18].