Vera Bradley Announces Appointment of Ivan Brockman to Its Board of Directors
Globenewswire· 2025-11-21 13:05
Core Insights - Vera Bradley, Inc. has appointed Ivan Brockman to its Board of Directors effective November 17, 2025, bringing extensive experience in strategic decision-making and investment banking [1][2]. Company Overview - Vera Bradley, based in Fort Wayne, Indiana, is a leading designer of women's handbags, luggage, travel items, fashion and home accessories, and unique gifts, known for its innovative designs and iconic patterns [5]. Leadership and Experience - Ivan Brockman has three decades of experience advising senior management teams and investors, currently serving as a Senior Advisor to PJT Partners and previously holding significant roles at Citigroup and Goldman Sachs [2][3]. - Throughout his career, Mr. Brockman has advised on over $100 billion of strategic transactions with major companies including Google, Microsoft, and Amazon [2]. Investment Activities - Mr. Brockman is also an active private investor in various sectors, including technology and consumer startups, with notable early-stage investments in companies like LifeLock and FIGS [3]. Strategic Transformation - Mr. Brockman expressed enthusiasm about joining Vera Bradley during a critical period of the company's strategic transformation [4]. Business Segments - Vera Bradley operates through two reportable segments: VB Direct, which includes sales through its own stores and websites, and VB Indirect, which consists of sales to specialty retail locations and other channels [6].
Sangamo Therapeutics Announces FDA Acceptance of BLA Rolling Submission Request for ST-920 in Fabry Disease
Globenewswire· 2025-11-21 13:05
Core Viewpoint - Sangamo Therapeutics has received FDA acceptance for a rolling submission of the Biologics License Application (BLA) for isaralgagene civaparvovec (ST-920), a gene therapy for Fabry disease, indicating progress towards potential accelerated approval [1][4]. Company Developments - The FDA's acceptance follows a meeting in October 2025 where Sangamo discussed the efficacy and safety data for ST-920, with the FDA agreeing to use eGFR slope as a primary endpoint for accelerated approval [2][3]. - Sangamo plans to initiate the rolling submission of the BLA later in the fourth quarter of 2025, aiming for a transformative treatment for Fabry disease patients [3][4]. Clinical Study Insights - The Phase 1/2 STAAR study presented at ICIEM2025 showed that isaralgagene civaparvovec could provide meaningful multi-organ clinical benefits and demonstrated a positive mean annualized eGFR slope at 52 weeks across all patients [3][5]. - The STAAR study is a global, open-label, single-dose, dose-ranging clinical trial designed to evaluate the gene therapy in Fabry disease patients, requiring only a one-time infusion [5]. Regulatory Designations - Isaralgagene civaparvovec has received multiple designations from regulatory bodies, including Orphan Drug, Fast Track, and RMAT from the FDA, as well as Orphan Medicinal Product designation from the European Medicines Agency [4].
Bridger Aerospace Announces CFO Retirement and Succession Plan; Appoints Anne Hayes as Deputy Chief Financial Officer and Ernie Freedman to Board of Directors
Globenewswire· 2025-11-21 13:04
Core Viewpoint - Bridger Aerospace Group Holdings, Inc. announced the planned retirement of CFO Eric Gerratt and the succession plan involving Anne Hayes as Deputy CFO and Ernie Freedman as Chairman of the Audit Committee, aiming for a smooth transition and continued growth in the aerial firefighting sector [1][2][3]. Company Leadership Transition - Eric Gerratt will retire after the filing of the Company's 10-K in March 2026, having played a crucial role in recent initiatives and financial management during the company's growth [1][2]. - Anne Hayes, currently the Director and Audit Committee Chair, will transition to the CFO role, bringing two decades of financial leadership experience and a strong background in capital markets [2][3]. - Ernie Freedman joins as the new Chair of the Audit Committee, with over 30 years of experience in executive finance and audit leadership, previously serving as CFO of Invitation Homes Inc. [3][4]. Company Background - Bridger Aerospace is one of the largest aerial firefighting companies in the U.S., providing services to federal and state agencies, including the U.S. Forest Service [5].
60 Degrees Pharmaceuticals Announces Clinical Site Now Open for Patient Enrollment for the B-FREE Chronic Babesiosis Study at Mount Sinai Icahn School of Medicine
Globenewswire· 2025-11-21 13:01
Core Insights - 60 Degrees Pharmaceuticals, Inc. has initiated patient enrollment for the B-FREE Chronic Babesiosis Study, the first of its kind to evaluate a therapeutic for chronic babesiosis, which is expected to run for approximately 12 months [1][5][7] Study Overview - The B-FREE Chronic Babesiosis Study (NCT06656351) is a Phase 2 open-label study assessing the efficacy and safety of the ARAKODA® regimen of tafenoquine over 90 days for patients with chronic babesiosis [2][6] - Chronic babesiosis is characterized by disabling fatigue lasting at least six months, with laboratory confirmation of Babesia parasite exposure within the last year [3][4] - The study aims to confirm Babesia infection using validated molecular tests, potentially revealing a patient population size that could range from 4,400 to 190,000 cases annually in the U.S. [4][7] Treatment Details - The primary endpoint of the study is the resolution of fatigue, measured at Day 90 compared to baseline, using a patient-reported outcome measure [6][7] - The treatment regimen involves self-administering tafenoquine (2 x 100 mg tablets) orally with food for a total of 12 weeks [6][7] Market Need - There is currently no FDA-approved treatment for babesiosis, highlighting a significant unmet medical need [4][15] - The incidence of babesiosis is rising, particularly in the Northeast U.S., with estimates suggesting at least 25,000 cases annually, though the true number may be much higher [15][30] Company Background - 60 Degrees Pharmaceuticals, Inc. specializes in developing new medicines for vector-borne diseases and achieved FDA approval for ARAKODA® (tafenoquine) for malaria prevention in 2018 [30][18] - The company collaborates with research and academic organizations in the U.S. and Australia, and is headquartered in Washington, D.C. [30]
Adlai Nortye to Participate in Upcoming Investor Conferences
Globenewswire· 2025-11-21 13:00
Core Insights - Adlai Nortye Ltd. is a clinical-stage biotechnology company focused on developing innovative cancer therapies [2] - The company will participate in two upcoming investor conferences, including the Evercore Healthcare Conference and the Oppenheimer Annual Healthcare Life Sciences Conference [1][2] Company Overview - Adlai Nortye operates with a dual R&D presence in the U.S. and China, aiming to build a robust pipeline of drug candidates [2] - The company focuses on two key areas: next-generation cancer immunotherapies and RAS-targeting therapies [2] - Key drug candidates include AN8025, a tri-functional fusion protein, AN4005, a first-in-class oral small-molecule PD-L1 inhibitor, AN9025, an oral pan-RAS(ON) inhibitor, and AN4035, a CEACAM5-targeting ADC [2]
Bitcoin Depot Appoints Scott Buchanan as Chief Executive Officer; Founder Brandon Mintz to Continue to Serve as Executive Chairman
Globenewswire· 2025-11-21 13:00
Core Insights - Bitcoin Depot is undergoing a leadership transition to support its long-term strategy, operational scaling, and M&A objectives [1][2][3] Leadership Changes - Scott Buchanan has been appointed as the new CEO, effective January 1, 2026, transitioning from his current role as President and COO [2] - Brandon Mintz will step down as CEO to become Executive Chairman, focusing on strategic vision and M&A opportunities [2][3] - Elizabeth Simer has been appointed as COO, bringing over 15 years of experience in operational and strategic leadership [3][4] Company Strategy - The leadership transition is aimed at capitalizing on strategic, operational, and M&A opportunities [3] - The company plans to enhance operational excellence, strategic expansion, and thoughtful M&A evaluation under the new leadership [3][4] Market Position - Bitcoin Depot operates the largest network of Bitcoin ATMs in North America, with over 9,000 kiosk locations as of August 2025 [5] - The company aims to connect cash users to the digital financial system through its kiosks and BDCheckout product [5]
Esperion Partner Otsuka Launches NEXLETOL® in Japan for the Treatment of Hypercholesterolemia
Globenewswire· 2025-11-21 13:00
Core Insights - Esperion has announced that Otsuka Pharmaceutical Co., Ltd. has received national pricing approval and launched NEXLETOL in Japan, marking a significant commercial milestone for the company [2][3] - The launch in Japan, the third largest global market for cardiovascular prevention, represents a substantial growth opportunity for NEXLETOL [1][2] - Esperion will receive a total payment of $90 million from Otsuka as a result of this launch, which strengthens the company's financial position and highlights the strategic value of the partnership [2][3] Company Overview - Esperion Therapeutics is a biopharmaceutical company focused on developing and commercializing innovative medicines for patients at risk of cardiovascular disease, specifically targeting elevated low-density lipoprotein cholesterol (LDL-C) [4] - The company has developed the only FDA-approved oral, once-daily, non-statin medications for this patient population, supported by the CLEAR Cardiovascular Outcomes Trial involving nearly 14,000 patients [4] - Esperion is advancing its pipeline with a focus on developing ATP citrate lyase inhibitors (ACLYi), leveraging new insights for rational drug design [4][5] Financial and Strategic Developments - Under the collaboration agreement with Otsuka, Esperion is eligible for additional sales milestone payments based on Otsuka's net sales achievements in Japan, as well as tiered royalties ranging from 15% to 30% on net sales [3] - The recent developments and partnerships are part of Esperion's strategy to evolve into a leading global biopharmaceutical company through commercial execution and international collaborations [5]
Diginex signs MOU to Acquire The Remedy Project to Expand Advisory Division and Provides Updates On Other M&A Activities
Globenewswire· 2025-11-21 13:00
Core Viewpoint - Diginex Limited has announced a non-binding memorandum of understanding to acquire The Remedy Project Limited, aiming to enhance its capabilities in human rights risk assessment and remediation within global supply chains [1][2]. Company Summary - Diginex is a provider of Sustainability RegTech solutions, utilizing AI and data analysis to improve transparency in corporate regulatory reporting and sustainable finance [9]. - The Remedy Project specializes in data-driven human rights risk assessment and has developed frameworks for operational grievance mechanisms and forced labor remediation [1][11]. - The acquisition is expected to close within 45 days, with Archana Kotecha, the CEO of The Remedy Project, joining Diginex's executive team to focus on remedy innovation [5]. Industry Summary - The global market for supply chain sustainability and due diligence software is projected to grow significantly, with Verdantix forecasting the segment to exceed $7 billion by 2029, up from $1.7 billion in 2023, reflecting a 29% CAGR [4]. - Regulatory pressures and the demand for robust remediation capabilities are driving this growth, as new laws require companies to establish effective grievance mechanisms and provide remedies for adverse impacts [3][4].
SEALSQ and Quobly Announce Collaboration to Advance Secure and Scalable Quantum Technologies
Globenewswire· 2025-11-21 13:00
Core Insights - SEALSQ Corp and Quobly have announced a collaboration to integrate secure semiconductor architectures with scalable quantum systems, aiming to lead in hardware Root-of-Trust and post-quantum cryptography for large-scale quantum systems [1][2][3] Company Overview - SEALSQ is a global provider of post-quantum semiconductor technologies and hardware-anchored security solutions, focusing on protecting critical infrastructure and sensitive data across various applications [10][9] - Quobly specializes in silicon-based quantum microelectronics, leveraging over 15 years of research to develop scalable quantum processors compatible with industrial semiconductor manufacturing [7][8] Collaboration Details - The partnership will combine SEALSQ's post-quantum security technologies with Quobly's silicon spin qubit platform to embed quantum-resistant security into future quantum systems from the design stage [3][4] - This collaboration aims to position both companies at the forefront of secure quantum computing, addressing the increasing demand from sectors such as defense, finance, and pharmaceuticals for secure and powerful quantum systems [4][6] Strategic Benefits - SEALSQ will gain early access to advanced silicon qubit platforms, allowing for tailored post-quantum secure elements and Root-of-Trust solutions [4][3] - The partnership is expected to accelerate growth in the U.S. market, enhancing both companies' positions in critical sectors where secure computing architectures are essential [4][6] Technological Innovations - SEALSQ's innovations include quantum-resistant security modules and semiconductor platforms designed to protect various systems, including IoT networks and digital identity solutions [10][6] - Quobly's technology focuses on CMOS-compatible silicon spin qubits, enabling the fabrication of millions of high-fidelity qubits for scalable quantum computing [3][5]
New Earth Resources Executes Option Agreement for Red Wine Rare Earth Project in Labrador
Globenewswire· 2025-11-21 13:00
Vancouver, British Columbia, Nov. 21, 2025 (GLOBE NEWSWIRE) -- NEW EARTH RESOURCES CORP. (CSE: EATH) ("New Earth" or the "Company") is pleased to announce that it has executed an option agreement (the “Agreement”) dated as of November 19, 2025 with Northex Capital Partners Inc. (“Northex”) to acquire the Red Wine Rare Earth Project (the “Project”). The Project is comprised of 2 non-contiguous mineral claims located in Labrador, Canada covering approximately 1,575 hectares in total. Located in the Central Mi ...