Corporate Development

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Pasinex Provides Corporate Update: Completion of Sarıkaya Acquisition, AGM, New Board Member and Financing
Globenewswire· 2025-10-01 11:30
TORONTO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Pasinex Resources Limited (CSE: PSE; FSE: PNX) (“Pasinex” or the “Company”) today announced a number of important corporate developments, including the closing of the Sarıkaya zinc project acquisition, a change in the Company’s financial year-end, updates on board nominations and the upcoming Annual General Meeting, progress on the private placement financing, and the granting of stock options. Completion of Sarıkaya Acquisition The Company is pleased to report the ...
Cboe Appoints Prashant Bhatia to Lead Enterprise Strategy & Corporate Development
Prnewswire· 2025-08-18 13:00
Core Viewpoint - Cboe Global Markets has appointed Prashant Bhatia as Executive Vice President, Head of Enterprise Strategy & Corporate Development, effective September 2, 2025, to enhance its growth strategy and industry leadership [1][2]. Group 1: Appointment Details - Prashant Bhatia will collaborate with Cboe's executive leadership to refine the company's business strategy and identify growth opportunities [2]. - Craig Donohue, CEO of Cboe, emphasized Bhatia's valuable addition to the leadership team, highlighting his understanding of the competitive landscape and financial decision-making skills [2][3]. Group 2: Background of Prashant Bhatia - Bhatia has over 30 years of experience in the financial services sector, previously leading Enterprise Strategy & Corporate Development at TD Ameritrade for 11 years [3]. - He has been advising Cboe's management and working closely with its board of directors since December 2023 [3]. Group 3: Company Overview - Cboe Global Markets is recognized as the world's leading derivatives and securities exchange network, providing trading solutions across multiple asset classes globally [4]. - The company is committed to building a trusted and inclusive global marketplace to support sustainable financial futures [4].
Chris Colpitts Appointed to Celestica's Board of Directors
Globenewswire· 2025-07-30 12:30
TORONTO, July 30, 2025 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies is pleased to announce the appointment of Chris Colpitts to its Board of Directors. Celestica enables the world's best brands. Through our recognized customer-centric approach, we partner with leading companies in Aerospace and Defense, Communications, Enterprise, HealthTech, Industrial and Capital Equipmen ...
THOR Industries, Inc. Welcomes Seth Woolf to Executive Team
Globenewswire· 2025-05-13 20:15
Core Insights - THOR Industries, Inc. has appointed Seth Woolf as Head of Corporate Development & Investor Relations, aiming to enhance long-term corporate initiatives and capital markets communications [1][2] - Woolf brings over 15 years of investment industry experience, particularly in the recreational vehicle sector, which will aid THOR in navigating market dynamics and supporting growth [2] Company Overview - THOR Industries is the largest manufacturer of recreational vehicles globally, owning several operating subsidiaries [3]
Jazz Pharmaceuticals(JAZZ) - 2025 Q1 - Earnings Call Transcript
2025-05-06 20:30
Financial Data and Key Metrics Changes - Jazz Pharmaceuticals reported total revenues of $898 million for Q1 2025, reflecting a solid commercial performance despite some headwinds in oncology products [6][26][27] - Revenues from the neuroscience portfolio, particularly Xywav and Epidiolex, grew by 9% and 10% year over year, respectively [6][12][14] - Oncology product sales decreased by 8% year over year, primarily due to changes in pediatric treatment protocols and one fewer shipping week compared to the previous year [15][27] Business Line Data and Key Metrics Changes - The sleep therapeutic area generated approximately $431 million in total revenue, with Xywav net product sales at approximately $345 million, marking a 9% increase year over year [10] - Epidiolex had net product sales of approximately $218 million, a 10% increase year over year, driven by underlying demand and favorable U.S. payer mix [12][14] - Oncology net product sales were approximately $94 million, down 8% year over year, with expectations for normalization in the coming quarters [15][27] Market Data and Key Metrics Changes - Xywav remains the number one branded treatment for narcolepsy, with approximately 14,600 active patients, reflecting a robust quarter of patient additions [10] - The idiopathic hypersomnia market is showing significant growth, with a 39% increase in patient adds over the last twelve months [84] - The company anticipates three potential regulatory approvals in oncology in the coming months, which could drive future growth [7][8] Company Strategy and Development Direction - The acquisition of Chimerix is expected to enhance Jazz's presence in rare oncology and provide a near-term commercial opportunity with doravaprone [6][24] - The company is focused on advancing its R&D pipeline, with key trials and data presentations expected at ASCO in June [8][19] - Jazz Pharmaceuticals aims to maintain financial flexibility and operational excellence while navigating potential tariff impacts [9][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the top-line revenue guidance for 2025, affirming a range of $4.15 billion to $4.4 billion, representing 5% year-over-year growth at the midpoint [33] - The company remains optimistic about the growth potential of Epidiolex and Xywav, with expectations for Epidiolex to reach blockbuster status in 2025 [14][34] - Management highlighted the importance of corporate development as a key strategy for long-term shareholder value [62] Other Important Information - The company updated its financial guidance to reflect the Chimerix acquisition and litigation settlement charges, impacting adjusted net income and earnings per share [28][33] - Jazz Pharmaceuticals has sufficient inventory in the U.S. to meet its 2025 needs, mitigating potential tariff impacts [30][29] Q&A Session Summary Question: Can you discuss the supply chain for Xywav and its U.S. manufacturing capabilities? - Management confirmed that they have a U.S. supplier for oxybate, including Xywav, with sufficient capacity to meet U.S. needs [42] Question: What is Jazz's manufacturing footprint and potential mitigation strategies for tariffs? - The company has manufacturing facilities in the U.S. and Europe, providing flexibility in sourcing and production [46] Question: How does the Chimerix acquisition fit into Jazz's strategy? - The acquisition aligns with Jazz's focus on addressing unmet medical needs in oncology and provides a near-term commercial opportunity [62] Question: What are the expectations for Zepzelca's growth trajectory amid competition? - Management anticipates that the first-line contribution will outweigh pressure from competitors, with upcoming data expected to be practice-changing [51][54] Question: What is the status of the doravaprone trial and its potential impact? - The FDA review is proceeding as expected, with no surprises, and the company is evaluating potential changes to the trial analysis plan [80]