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Business Wire News Releases

Zymeworks Showcases Preclinical Assets, Including New Therapeutic Platform, ProTECT™, and Zanidatamab Mechanisms of Action at AACR Annual Meeting

Zanidatamab preclinical data reveals additional differentiated mechanisms of action including unique ability to induce complement dependent cytotoxicity ProTECT™ (PROgrammed Tumor Engagement & Checkpoint/Co-stimulation Targeting), the first conditionally-active antibody technology that simultaneously addresses both ends of the therapeutic window Preclinical IL-12 and 4-1BB programs represent future therapeutic opportunities VANCOUVER, British Columbia — Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced five presentations at the American Association for Cancer Research (AACR) Annual Meeting. The presentations highlight preclinical data that reveal new insights into the unique mechanisms of action of lead clinical candidate, zanidatamab, introduce Zymeworks’ fourth therapeutic platform, ProTECT™, and describe two new preclinical assets focused on the cytokine, IL-12, and the immune-oncology target, 4-1BB.

10 hours ago Business Wire News Releases
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Business Wire News Releases

AECOM announces upsize of previously announced cash tender offer for 5.875% senior notes due 2024

LOS ANGELES — AECOM (NYSE: ACM) (“we,” “us,” “our” or the “Company”), the world’s premier infrastructure consulting firm, today announced that, in connection with its previously announced tender offer (the “Tender Offer”) to purchase for cash certain of its 5.875% Senior Notes due 2024 (the “Notes”), it is increasing the Aggregate Maximum Purchase Price from $500 million to $700 million (as amended, the “Aggregate Maximum Purchase Price”).

1 day ago Business Wire News Releases
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Business Wire News Releases

MEDISCA Pledges $100,000 to Alliance for Pharmacy Compounding (APC) National Media Campaign to Help Protect Compounded Hormone Therapy Medications.

PLATTSBURGH, N.Y. — MEDISCA, a global leader in the pharmacy compounding industry, pledged up to $100,000 in matching donations towards APC’s Media Campaign Fund last week, marking one of the first major compounding suppliers to join the cause. The fundraising efforts are part of a larger coalition of compounders, prescribers and patients fighting the most recent FDA threat to compounded hormone replacement therapies. In November 2020, APC launched the campaign and hopes to raise $1.5 million this year, relying heavily on companies like MEDISCA to help build awareness and encourage donations. MEDISCA plans to support the campaign through a donation matching initiative set to launch in June 2021.

1 day ago Business Wire News Releases
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Business Wire News Releases

NuriFlex's Service Scope to Be Broadened to Include a Telemedicine Platform for the Universal Health Coverage Project in Cameroon

BELLEVUE, Wash. — NuriFlex Inc. (the “ Company ”) is pleased to announce that the scope of its services as an official technical partner in Cameroon’s Universal Health Coverage Project (the “ Project ”) has been broadened. It now includes a telemedicine service platform (the “Tara”) in addition to the deployment of a blockchain-based payment platform (the “DPP”).

1 day ago Business Wire News Releases
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Business Wire News Releases

Superior Plus Announces Completion of the Sale of its Specialty Chemicals Business, Amendment and Extension of its Syndicated Credit Facility and Details for the 2021 Virtual Investor Day

TORONTO — Superior Plus Corp. (“ Superior ”)(TSX:SPB) is pleased to announce the completion of the previously announced sale of its Specialty Chemicals business (“ Specialty Chemicals ”) to Birch Hill Equity Partners (“ Birch Hill ”) for total consideration of $725 million (the “ Transaction ”). Under the terms of the Transaction, Superior received $600 million in cash proceeds from Birch Hill, subject to certain adjustments, and $125 million in the form of a 6% unsecured note issued by the affiliate of Birch Hill that is acquiring Specialty Chemicals. The consideration received is subject to certain post-closing adjustments as previously disclosed.

1 day ago Business Wire News Releases
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Business Wire News Releases

Edgewater Closes First Tranche of $0.13 Financing

OTTAWA, Ontario — Edgewater Wireless Systems Inc. (YFI: TSX.V) (OTCQB: KPIFF), the industry leader in Wi-Fi Spectrum Slicing technology for residential and commercial markets, is pleased to announce that the first tranche of its $0.13 non-brokered private placement announced on March 18, 2021 (the “ Offering ”) has closed (see news releases dated March 18 and March 30, 2021). In the first tranche closing, the Company issued 9,681,189 units (each a “ Unit ”) for total proceeds of $1,258,5554.83. Each Unit is comprised of one common share (a “ Share ”) and one warrant (a “ Warrant ”) of the Company. Each Warrant entitles the holder to acquire one additional Share of the Company at an exercise price of $0.23 for twenty-four (24) months following the closing of the Offering.

1 day ago Business Wire News Releases
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Facedrive Announces Changes to Board of Directors and Executive Team

TORONTO — Facedrive Inc. (“ Facedrive ” or the “ Company ”) (TSXV:FD), (OTC:FDVRF), a Canadian “people-and-planet first” tech ecosystem, today announced changes to the composition of the Company’s board of directors (the “ Board ”) and the Company’s executive team. On April 7, 2021, the Company appointed two new members to the Board, each of whom bring a wealth of experience and talents. The new members of the Board are Susan Uthayakumar (a member of Facedrive’s Advisory Board and the Global Leader of the Sustainability Business Division at Schneider Electric) and Suman Pushparajah (a member of Facedrive’s senior executive team). Concurrent with these appointments to the Board, Mr. Jay Wilgar resigned from the Board. The new appointments are subject to the approval of the TSX Venture Exchange.

1 day ago Business Wire News Releases
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Algoma Central Corporation Announces 2021 Annual General and Special Meeting of Shareholders to Be Held in a Virtual-Only Format

ST. CATHARINES, Ontario — Algoma Central Corporation (“Algoma” or the “Company”) (TSX:ALC), a leading supplier of marine transportation services, today announced that the 2021 Annual General and Special Meeting of Shareholders (the “Meeting”) to take place on Wednesday May 5, 2021 at the hour of 11:30 a.m. (EDT) will be held in a virtual-only format via a live webcast.

1 day ago Business Wire News Releases
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Business Wire News Releases

Avivagen Inc. to Issue Shares to Holders of Debentures in Lieu of Annual Maintenance Fee

OTTAWA, Ontario — Avivagen Inc. (TSXV:VIV, OTCQB:VIVXF) (“Avivagen” or the “Corporation”) announces that a total of 3,931 common shares will be issued at the rate of $0.58 per share to satisfy the maintenance fee of $2,280 owing in respect of the debentures issued on April 9, 2019. This issuance is further to Avivagen’s previous announcement that it had opted to issue common shares to satisfy $107,560 owing to the holders of 10% secured debentures issued by Avivagen on March 28, 2019 and April 9, 2019 on account of an annual maintenance fee owing to such holders. Pursuant to the terms of such debentures, Avivagen has the option of paying such maintenance fee in cash or in common shares.

1 day ago Business Wire News Releases
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Avivagen Announces Results From Its Annual General Meeting April 8, 2021

OTTAWA, Ontario — Avivagen Inc. (TSXV:VIV, OTCQB:VIVXF) (“Avivagen” or the “Corporation”) announces that at the Corporation’s Annual General Meeting (AGM) held today the Corporation’s shareholders voted to support all of the resolutions that came before the meeting. The resolutions included the reappointment of McGovern Hurley LLP as Avivagen’s auditor and the election of directors.

2 days ago Business Wire News Releases
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Business Wire News Releases

Save the Date: CIRI to Hold 2021 Annual Conference Virtually June 14-16

TORONTO — The Canadian Investor Relations Institute’s (CIRI’s) 2021 Annual Conference will be held virtually over three afternoons – June 14, 15 and 16. Building on last year’s success, this virtual format will include all the elements that make the Annual Conference a hallmark event for Canadian IROs including: general and breakout sessions; panel discussions; interactive roundtables; opportunities to engage with suppliers through a variety of options, time-tested and new; and networking with peers during social events.

2 days ago Business Wire News Releases
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Insurity Analytics to Enable Property & Casualty Insurers to Write More Profitable Policies, Optimize Claims, and Deliver Better Combined Ratios, Built on Snowflake

Now underwriters can quantify the full life cycle of a policy before writing it, claims departments can reduce expenses and better predict runaway or “jumper claims,” and insurers can introduce new insurance products based on emerging but underserved needs – dramatically improving overall profitability

2 days ago Business Wire News Releases
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