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Achieve Life Sciences Announces Partnership with Omnicom to Execute Integrated, Data-Driven Launch of the First Potential New Treatment for Nicotine Dependence in Nearly Two Decades
GlobeNewswire News Room· 2025-06-26 20:02
Omnicom cross-agency collaboration to drive technology-led, innovative launch strategy Partnership brings together promising science, top-tier talent, and advanced technologies to enable a faster, smarter, and more effective path to address a critical public health need SEATTLE and VANCOUVER, British Columbia, June 26, 2025 (GLOBE NEWSWIRE) -- Achieve Life Sciences, Inc. (Nasdaq: ACHV), a late-stage specialty pharmaceutical company focused on the global development and commercialization of cytisinicline as ...
Aon Launches Aon Broker Copilot to Modernize Insurance Placement with AI and Data at Scale
Prnewswire· 2025-06-23 14:40
Firm is undertaking one of the most ambitious digital transformations across the broker universeDUBLIN, June 23, 2025 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the launch of Aon Broker Copilot, a proprietary, patent-pending platform that uses artificial intelligence, large-language models and predictive analytics to transform the commercial insurance placement process.Developed in-house and co-designed with the firm's frontline brokers, Aon Broker Copi ...
SLP Cuts FY25 Revenue Outlook, Begins Strategic Reorganization
ZACKS· 2025-06-12 15:21
Key Takeaways SLP now expects FY25 revenues of $76M-$80M, down sharply from earlier guidance of $90M-$93M. Biotech market challenges have dampened demand for SLP's services, though software remains resilient. SLP is adopting a functional model to boost efficiency, sales effectiveness and client engagement.Simulations Plus, Inc. (SLP) has announced preliminary revenue results for the third quarter of fiscal 2025 and revised its full-year revenue guidance. The company expects third-quarter revenues to be be ...
Zacks Industry Outlook Penumbra, Integer and AngioDynamics
ZACKS· 2025-06-09 16:36
For Immediate ReleaseChicago, IL – June 9, 2025 – Today, Zacks Equity Research discusses Penumbra (PEN) , Integer Holdings (ITGR) and AngioDynamics (ANGO) .Industry: Medical InstrumentsLink: https://www.zacks.com/commentary/2487141/3-medical-instruments-stocks-winning-big-with-genai-amid-global-gloomOver the past year, advancements in artificial intelligence (AI) and predictive analytics have rapidly revolutionized the Medical Instruments industry, driving innovation in diagnostics, patient monitoring and p ...
Forian(FORA) - 2025 Q1 - Earnings Call Transcript
2025-05-14 21:32
Forian (FORA) Q1 2025 Earnings Call May 14, 2025 04:30 PM ET Company Participants Max Wygod - Co-Founder, CEO, President & Executive Chairman of the BoardMike Vesey - Chief Financial Officer Conference Call Participants Richard Baldry - MD & Senior Research Analyst Operator Greetings, and welcome to Foran, Inc. First Quarter twenty twenty five Financial Results Conference Call and Webcast. At this time, all participants are in a listen only mode. A question and answer session will follow the formal comments ...
Alphatec (ATEC) - 2025 Q1 - Earnings Call Transcript
2025-05-01 21:32
Financial Data and Key Metrics Changes - The company reported a revenue growth of 22% year-over-year, reaching $169 million, with surgical revenue growing by 24% to $152 million [4][9] - Adjusted EBITDA for the first quarter was $11 million, marking a 6% margin and an improvement of over 800 basis points compared to the previous year [13][14] - Non-GAAP gross margin was 70%, down 50 basis points year-over-year but up 70 basis points sequentially [11] Business Line Data and Key Metrics Changes - Surgical revenue grew by 24% year-over-year, driven by a 17% increase in procedural volume and an 18% increase in the number of surgeons utilizing ATEC procedures [6][10] - EOS revenue increased by 8% year-over-year, with a record order volume leading to a 28% year-over-year increase in the order book [11][12] Market Data and Key Metrics Changes - Established territories saw a revenue growth of 23%, indicating strong surgeon and territory penetration [6] - Same store sales from sales agents in territories for over a year grew by 23% year-over-year, reflecting significant growth in established markets [12][84] Company Strategy and Development Direction - The company is focused on creating clinical distinction through innovative procedural solutions that improve patient outcomes [24][25] - ATEC aims to expand its sales force and enhance operational efficiency to drive growth and profitability [6][23] - The strategy includes leveraging informatics to reduce surgical variables and improve predictability in spine surgery [26][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving cash flow positivity for the full year 2025, with expectations of continued strong revenue growth [19][17] - The company anticipates a revenue outlook of approximately $734 million for 2025, with surgical revenue growth of 21% [19][21] - Management noted that the spine market remains resilient despite economic uncertainties, with high demand for their products [106][107] Other Important Information - The company successfully refinanced its 2026 convertible note, extending maturity and maintaining a low coupon rate [17] - The first quarter cash burn was at the low end of the expected range, indicating improved cash management [15][16] Q&A Session Summary Question: Market size and competitive dynamics for the new Corpectomy system - Management indicated that they are the only company offering this procedure in the prone position, which provides unique advantages [41][42] Question: Tariff exposure in 2025 - The company expects low single-digit million impacts on cost of goods sold due to tariffs, primarily affecting EOS equipment [54][55] Question: Update on robot launch plan - The robot is in the alpha phase, with plans for an end-of-year launch, and integration with navigation systems is underway [60][61] Question: Cash outlay trends - The company achieved a cash use of $15 million in Q1, with expectations for positive cash flow in subsequent quarters [65][66] Question: Salesforce productivity and opportunities - Same store sales grew by 23%, indicating strong performance from established sales agents [83][84] Question: EOS placements and portfolio pull-through - Most EOS placements are in new accounts, with a focus on expanding into complex procedures [88][90] Question: Overall volumes and ASC growth - The market is healthy, with surgical volumes growing significantly, and ASCs are expected to evolve over time [93][94] Question: International market expansion - The company remains bullish on international markets, particularly Australia and New Zealand, while maintaining a focused approach [110]
ProAssurance(PRA) - 2024 Q4 - Earnings Call Transcript
2025-02-25 16:24
ProAssurance Corporation (NYSE:PRA) Q4 2024 Earnings Conference Call February 25, 2025 10:00 AM ET Company Participants Heather Wietzel - Senior Vice President, Investor Relations Ned Rand - President & Chief Executive Officer Dana Hendricks - Chief Financial Officer Conference Call Participants Mark Hughes - Truist Paul Newsome - Piper Sandler Matt Carletti - JMP Greg Peters - Raymond James Operator Good morning, everyone. Welcome to ProAssurance Corporation's conference call to discuss the company's fourt ...