Workflow
Rent
icon
Search documents
Nutriband Granted Patent in Macao for its AVERSA Abuse Deterrent Transdermal Technology
Newsfilter· 2025-04-11 11:00
Core Insights - Nutriband Inc. has received a patent grant in Macao for its AVERSA™ abuse deterrent transdermal technology, enhancing its intellectual property portfolio [1][2][3] - The AVERSA™ technology aims to prevent the abuse and misuse of drugs, particularly opioids, while ensuring accessibility for patients in need [4][6] - The company is collaborating with Kindeva Drug Delivery to develop AVERSA™ Fentanyl, which could potentially achieve peak annual US sales between $80 million and $200 million [5][6] Intellectual Property - The patent J/9010 was granted on February 11, 2025, and is part of a broader international portfolio covering 46 countries, including major markets like the US, Europe, and China [2][3] - Macao's patent system operates independently from mainland China's, providing a unique advantage for Nutriband's technology [2] Product Development - AVERSA™ technology incorporates aversive agents into transdermal patches to mitigate risks associated with drug abuse, including accidental exposure [4][6] - The lead product under development is an abuse-deterrent fentanyl patch, which is designed to be the first of its kind in the market [5][6] Market Potential - The AVERSA™ Fentanyl patch is positioned to address significant market needs in opioid management, with a substantial projected sales range indicating strong market interest [6]
Pure Cycle(PCYO) - 2025 Q2 - Earnings Call Transcript
2025-04-10 12:30
Pure Cycle Corporation (PCYO) Q2 2025 Earnings Conference Call April 10, 2025 08:30 AM ET Company Participants Moderator - Conference Call HostUnknown Investor - Investor (Questioner)Greg Bennett - ShareholderUnknown CEO - Chief Executive OfficerMark Spiezeali - Chief Financial OfficerOperator - Teleconference OperatorDan Kozlowski - Board MemberJeff Scott - Board Member Conference Call Participants Bill Miller - Investor/Analyst (Questioner)Elliot - Investor/Analyst (Questioner)Bob Schloss - Investor/Analy ...
Faruqi & Faruqi Reminds The Bancorp Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 16, 2025 - TBBK
GlobeNewswire News Room· 2025-04-06 13:20
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against The Bancorp, Inc. due to allegations of securities law violations, with a deadline for investors to seek lead plaintiff status in a class action set for May 16, 2025 [2][10]. Group 1: Allegations Against The Bancorp - The complaint alleges that The Bancorp and its executives made false or misleading statements regarding the risks associated with its REBL loan portfolio, including underrepresenting the risk of default and loss [4]. - It is claimed that the company's credit loss methodology was inadequate, leading to an expected increase in provisions for credit losses [4]. - The company reportedly had material weaknesses in its internal controls over financial reporting, and its financial statements were not approved by independent auditors, making them unreliable [4]. Group 2: Impact of Reports and Financial Results - On March 21, 2024, a report from Culper Research alleged significant risks in The Bancorp's loan portfolio, leading to a share price drop of $3.63 (10.15%) to close at $32.12 [5][6]. - Following the announcement of third-quarter results on October 24, 2024, which included a $1.5 million after-tax reduction in net income due to increased credit loss provisions, the share price fell by $7.95 (14.47%) to close at $47.01 [7]. - On March 4, 2025, The Bancorp disclosed that its financial statements for fiscal years 2022 through 2024 should no longer be relied upon, resulting in a share price decline of $2.34 (4.38%) to close at $51.25 [8][9].
Nutriband Signs Partnership Agreement with Charlotte FC
Newsfilter· 2025-04-04 11:00
Core Insights - Nutriband Inc. has signed an Associate Partnership agreement with Charlotte FC to enhance brand visibility, particularly for its AI Tape product manufactured locally in Charlotte [1][2] - The partnership aims to promote Nutriband's AVERSA platform technology, which is positioned as a potential first-of-its-kind abuse deterrent patch for chronic pain management [3] - Nutriband is focused on developing a portfolio of transdermal pharmaceutical products, with its lead product being an abuse deterrent fentanyl patch utilizing AVERSA technology [4] Company Overview - Nutriband Inc. specializes in transdermal pharmaceutical products, with a manufacturing facility located in North Carolina [2][4] - The AVERSA technology is designed to prevent the abuse, misuse, diversion, and accidental exposure of drugs with abuse potential, and can be integrated into any transdermal patch [4]
Here's Why Investors Must Hold FactSet Stock in Their Portfolios
ZACKS· 2025-04-02 14:55
Core Insights - FactSet (FDS) shares have increased by 4.9%, underperforming the industry rally of 14.3% and the S&P 500's rise of 8.1% [1] - Revenue growth is projected at 5% for 2025 and 6% for 2026, with earnings expected to rise by 4% in 2025 and 7.7% in 2026 [1] Group 1: Financial Performance - In fiscal 2024, organic revenues grew by 5.7% year over year, reaching $2.2 billion, with a forecasted increase of 4.9% for fiscal 2025 [2] - The Annual Subscription Value (ASV) reached $2.3 billion, marking a 4.8% year-over-year increase, with U.S. revenues at $1.5 billion, up 6.1% [3] - Share repurchases totaled $235.2 million in fiscal 2024, with dividends paid amounting to $150.7 million, reflecting the company's commitment to shareholder value [4] Group 2: Strategic Partnerships and Innovations - FactSet partnered with Irwin to integrate investor relations CRM with its Workstation, enhancing solutions for IR professionals [5] - Collaboration with LightPoint provides hedge funds with an integrated solution to improve trade workflows [5] - Partnership with Coin Metrics allows financial professionals to monitor digital assets and evaluate portfolios [5] Group 3: Liquidity and Financial Health - The current ratio for FactSet in Q2 fiscal 2025 was 1.47, significantly higher than the industry average of 0.8, indicating strong liquidity [6]
GH Research Reports Full Year 2024 Financial Results and Provides Business Updates
Globenewswire· 2025-02-27 12:00
Core Insights - GH Research PLC reported financial results for the year ended December 31, 2024, and provided updates on its clinical programs and financial position [1] Business Updates - GH001, an inhalable mebufotenin product candidate, is in a Phase 2b trial for treatment-resistant depression (TRD) involving approximately 80 patients [2] - The trial met its primary endpoint with a significant placebo-adjusted reduction of -15.5 in the Montgomery-Åsberg Depression Rating Scale (MADRS) on Day 8 (p<0.0001) [3] - A 57.5% remission rate was observed in patients treated with GH001 on Day 8 compared to 0% in the placebo group (p<0.0001) [3] - Safety analysis for the ongoing open-label extension (OLE) has not been completed, but as of January 22, 2025, 77.8% of OLE completers were in remission at the 6-month visit [4] - The Phase 1 trial for the proprietary aerosol delivery device is ongoing in the UK [5] Regulatory Updates - The Investigational New Drug Application (IND) for GH001 was placed on clinical hold by the FDA, which requested additional inhalation toxicology studies and device design verification [6] - The company has completed the requested inhalation toxicology studies, showing no adverse findings in the respiratory tract of dogs [7][9] - A full response to the IND hold is on track for submission in mid-2025 [10] Clinical Trials - Two Phase 2a proof-of-concept trials for GH001 in postpartum depression (PPD) and bipolar II disorder (BDII) have been completed [11] - The PPD trial met its primary endpoint with a MADRS reduction of -35.4 points (96.3%) on Day 8, with 100% of patients in remission [12] - The BDII trial also met its primary endpoint with a MADRS reduction of -16.8 points (51.9%) on Day 8, with 33.3% of patients in remission [13] Financial Highlights - As of December 31, 2024, the company had cash, cash equivalents, and marketable securities totaling $182.6 million, down from $222.7 million in 2023 [14] - Research and development expenses increased to $35.0 million in 2024 from $29.8 million in 2023, primarily due to clinical development activities [15] - General and administrative expenses rose to $15.3 million in 2024 from $11.4 million in 2023, driven by higher professional fees and increased headcount [16] - The net loss for 2024 was $39.0 million, or $0.75 loss per share, compared to a net loss of $35.6 million, or $0.68 loss per share, in 2023 [17]
Urban Outfitters(URBN) - 2025 Q4 - Earnings Call Transcript
2025-02-27 02:02
Urban Outfitters, Inc. (NASDAQ:URBN) Q4 2025 Earnings Conference Call February 26, 2025 5:15 PM ET Company Participants Oona McCullough - Executive Director, Investor Relations Richard Hayne - Chief Executive Officer and Chairman Frank Conforti - Co-President and Chief Operating Officer Dave Hayne - Chief Technology Officer and President, Nuuly Sheila Harrington - Global Chief Executive Officer, Urban Outfitters and Free People Groups Melanie Marein-Efron - Chief Financial Officer Shea Jensen - President, U ...
Sibanye Stillwater (SBSW) - 2024 H2 - Earnings Call Transcript
2025-02-21 08:00
Sibanye Stillwater (SBSW) H2 2024 Earnings Call February 21, 2025 02:00 AM ET Company Participants Neal Froneman - Outgoing CEORichard Stewart - CEO Designate and Chief Regional OfficerCharles Carter - Chief Regional Officer of AmericasGrant Stuart - Head of Recycling and Global OperationsMika Seitovirta - Chief Regional Officer - EuropeRobert van Niekerk - Chief Technical & Innovation OfficerCharl Keyter - CFO & Executive DirectorJames Wellsted - Executive Vice President of Investor Relations & Corporate A ...
Invitation Homes (INVH) 2023 Conference Transcript
2023-06-06 19:15
Invitation Homes (INVH) 2023 Conference June 06, 2023 02:15 PM ET Speaker0 Appreciate seeing everyone here for another I'm Aaron Hecht, Managing Director. Microphone, I have a hard time hearing. Can you guys hear me now? Yes. All right. We'll get started here. It's good to see everyone in another NAREIT. My name is Aaron Hecht. I'm senior equities analyst covering multifamily, single family rental, healthcare and cannabis mortgage REITs. We're going to get started here with our next presentation, which is g ...