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Why a Growing Number of Companies Are Embracing Artificial Intelligence & Internet of Things Technologies


Palm Beach, FL – (September 25, 2018) – As businesses and consumers alike continue to embrace artificial intelligence (AI), the opportunity for growth has been prominent for tech leaders dabbling in the various forms of AI technologies. One of these platforms that continue to reap the benefits of AI is that of the Internet of Things (IoT), which has essentially become reliant on AI in order to advance and become a very powerful technology. In a nutshell, the two technologies are a perfect pair to influence each other's growth. According to data by Bank of America, the AI market is projected to grow north of $150 billion by 2020 with increased adoption rates. Much of this growth can be attributed to the advancement of IoT platforms. In addition to generating bolstered levels of revenue, AI and IoT also combine to provide cost savings for companies using the platforms, leading to another appealing factor in this space.. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), International Business Machines Corporation (NYSE:IBM), NVIDIA Corporation (NASDAQ:NVDA), Microsoft Corporation (NASDAQ:MSFT), Pareteum Corporation (NYSE:TEUM).

Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global platform with both mobile and fixed solutions, announced today its participation at Swiss Growth Forum Event at Aretsky’s Patroon in New York City on Tuesday, September 18, and released its interview with Jon Najarian from the NASDAQ MarketSite.

Douglas Davis (CEO) attended and made a brief presentation in the event which was co-hosted by Andreea Porcelli, CEO of Swiss Growth Forum, and renowned CNBC personality Jon Najarian of Najarian Family Office. For those interested in viewing the interview - https://youtu.be/mkn7Y8Gznv0 Read this and more news for GOPH at http://www.marketnewsupdates.com/news/goph.html 

Other recent developments in the tech industry include:

NVIDIA Corporation (NASDAQ:NVDA) recently announced the global availability of the Jetson™ AGX Xavier™ developer kit, with industrial and manufacturing leaders in Japan among the first to begin utilizing the new system. Speaking at the GPU Technology Conference in Japan, NVIDIA founder and CEO Jensen Huang announced that FANUC, Komatsu, Musashi Seimitsu and Kawada Technologies will adopt Jetson AGX Xavier in their next-generation autonomous machines. “Japan is driving the world of robotics in numerous industries — from factory automation to construction to manufacturing,” said Deepu Talla, vice president and general manager of Autonomous Machines at NVIDIA. “The country’s most important companies in this space are adopting Jetson AGX Xavier to usher in a new era of robotics.”

Microsoft Corporation (NASDAQ:MSFT) - Earlier this week at Ignite 2018, Microsoft Corp.'s annual IT event, the company underscored the need for increased IT security and released an array of security programs and products. Among them are Microsoft Secure Score, a dynamic report card that assesses Microsoft 365 customer environments and makes recommendations that can reduce breaches up to thirtyfold, and Microsoft Authenticator, which helps make secure sign-on easier for workers with features like password-free login. The company also advanced its commitment to democratize access to AI through a new AI for Humanitarian Action program aimed at harnessing the power of AI for disaster recovery, helping children, protecting refugees and displaced people, and promoting respect for human rights. "In this era of the intelligent cloud and intelligent edge, businesses in every industry are looking for a trusted partner to help them transform," said Satya Nadella, CEO of Microsoft. "We are pushing the bounds in AI, edge computing and IoT, while providing end-to-end security to empower every organization to build its own digital capability and thrive in this new era."

International Business Machines Corporation (NYSE:IBM) recently introduced technology that gives businesses new transparency into AI, enabling them to more fully harness its power. Users of IBM’s new Trust and Transparency capabilities for AI on IBM Cloud can obtain an explanation of why a recommendation was made. Explanations show which factors weighted the decision in one direction vs. another, the confidence in the recommendation, and the factors behind that confidence. The software service, which automatically detects bias and explains how AI makes decisions – as the decisions are being made – runs on the IBM Cloud, and helps organizations manage AI systems from a wide variety of industry players. IBM Services will also work with businesses to help them harness the new software service.

Pareteum Corporation (NYSE:TEUM) recently announced that its Managed Service Platform (MSP) has been chosen in a five-year, $38 Million contract with an IoT and MVNO provider in Asia. This new enterprise customer will use IoT services powered by the Pareteum MSP, and thereby be able to offer a fully-integrated software solution that delivers flexibility through multi-country branded services, digital applications, data services, and traditional mobile services to its subscribers. Under the terms of the contract, Pareteum will support this new customer's efforts to expand its business throughout southern Asia, including its plans to add WiFi, Blockchain, M2M, and Smart City solutions. Vic Bozzo, CEO of Pareteum, stated, "This global enterprise client aims to use Pareteum's MSP to take the market by storm. Our goal is to provide the tools and technology to make that happen. The disruption of industry standards is alive, and it is here and now."

DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated twenty three hundred dollars for news coverage of the current press releases issued by Gopher Protocol Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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Media Contact email: info@marketnewsupdates.com - +1(561)325-8757

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Latest Telecommunications and IT Infrastructure Developments For New Communities Producing Robust Profit Opportunities


Palm Beach, FL – (August 28, 2018) – As the world becomes ever more digitally and globally connected, industries are experiencing an Information and Telecommunications driven transformation while the market for industry digitalization is only just beginning. With the introduction of new and innovative IT and Telecommunication technologies, increase competition and recent regulatory changes are presenting a healthy amount of choices for consumers, businesses and new developments to choose from.  According to Statista.com, the telecommunication services market alone, which includes fixed-network services, had a value of around $1.4 Trillion U.S. dollars in 2017, and is forecast to grow to almost $1.46 Trillion U.S. dollars in size by 2020. As far as the IT services market, Statista reported in 2018, spending on IT services is expected to amount to around $1 Trillion U.S. dollars worldwide. The IT services market encompasses the range of services that assist individuals and enterprises in implementing, managing, and operating the wide variety of processes, systems, software, equipment, and peripherals that are used in the modern IT environment.   Active tech companies in the markets this week include FTE Networks, Inc. (NYSE:FTNW), AT&T Inc. (NYSE:T), VEON Ltd. (NASDAQ:VEON), Cisco (NASDAQ:CSCO), GTT Communications, Inc. (NYSE:GTT).

FTE Networks, Inc. (NYSE American:FTNW) BREAKING NEWS:  FTE Networks, a leading provider of innovative technology-oriented solutions for smart platforms, network infrastructure and intelligent buildings, today announced its subsidiary, CrossLayer, Inc., will be working with Buttcon Holdings Limited, an Ontario, Canada-based construction company, to present CrossLayer as the preferred technology partner for Buttcon’s family of businesses, marking CrossLayer’s entry into the Canadian market. Buttcon is one of the 25 largest contractors in Canada, according to On-Site magazine, Canada’s leading publication serving the commercial construction industry.  

Buttcon will present CrossLayer as the preferred technology partner for Buttcon’s family of businesses, marking CrossLayer’s entry into the Canadian market.  The proposal calls for CrossLayer to utilize Buttcon’s construction services for installation and deployment of fiber, conduit and equipment required to deliver on CrossLayer services in Buttcon sourced buildings in the Province of Ontario, the most populous province in the country. Buttcon will also be designated as the exclusive provider of remote/on-site service support for all commercial, institutional, industrial, and residential properties utilizing CrossLayer services in Ontario.

“I am extremely excited about partnering with Buttcon.  This represents a great strategic relationship with a high-quality, customer-focused company, and our first international expansion of the CrossLayer platform,” said Michael Palleschi, President and CEO of FTE Networks. “CrossLayer’s compute-to-the-edge technology solution is rapidly gaining traction in the U.S., and we’re looking forward to expanding our footprint in the growing Ontario region. 

This alliance and the numerous opportunities it brings to CrossLayer will add additional buildings to the portfolio of buildings that utilize our compute to the edge technology and further strengthen our stated objectives of having at least 30 buildings on-net by year end 2018.”

“This new business relationship is not just a win-win for Buttcon and CrossLayer, but also a win-win for property owners and their tenants,” said Michael A. Butt, P.Eng., Chairman, CEO and Director of Buttcon. “The CrossLayer advanced data network is a significant differentiator for commercial property owners and developers looking to attract a dynamic workforce that requires always-on connectivity wherever they work across a campus.”     Read this and more news for FTNW at
http://www.marketnewsupdates.com/news/ftnw.html  

Other recent developments in the tech industry include:

AT&T Inc. (NYSE:T) News: At AT&T, we've invested nearly $120 million in our Iowa wireless and wired networks during 2015-2017. These investments boost reliability, coverage, speed and overall performance for residents and businesses. They also improve critical services that support public safety and first responders.  In 2017 we made more than 365 network enhancements across Iowa, including new cell sites, the addition of network capacity and network upgrades. "Whether it's streamlined rules to simplify and speed the deployment of wireless facilities or being one of the first states in the nation to opt-in to the FirstNet broadband network for first responders, Iowa has aggressively embraced policy to encourage continuous investment in mobile broadband infrastructure across the state," said Gov. Kim Reynolds. "Today's policies will pave the way for 5G mobile services in the years ahead and position Iowa for a prosperous economic future."

VEON Ltd. (NASDAQ:VEON), a leading global provider of connectivity and internet services headquartered in Amsterdam and serving more than 240 million customers, this month announced financial and operating results for the quarter ended 30 June 2018.  "In the second quarter, we delivered strong operating results in our largest and most important geographies and made progress in refining our strategic framework for growth. We took decisive action to sharpen VEON's focus on the emerging markets and streamline our headquarters operations, while maintaining robust compliance and internal controls and continuing our focus on our digital core offerings. These steps will allow us to grow in these key markets by delivering a locally relevant offering to the benefit of our customers, employees and shareholders. The board and senior management team are focused on executing against this strategic framework and driving value for all of our stakeholders." 
Read the full financial report here

Cisco (NASDAQ:CSCO) this month announced its intent to acquire privately-held Duo Security, headquartered in Ann Arbor, Mich. Duo Security is the leading provider of unified access security and multi-factor authentication delivered through the cloud. Duo Security’s solution verifies the identity of users and the health of their devices before granting them access to applications – helping prevent cybersecurity breaches. Integration of Cisco’s network, device and cloud security platforms with Duo Security’s zero-trust authentication and access products will enable Cisco customers to easily and securely connect users to any application on any networked device. Under the terms of the agreement, Cisco will pay $2.35 billion in cash and assumed equity awards for Duo Security’s outstanding shares, warrants and equity incentives on a fully-diluted basis.

GTT Communications, Inc. (NYSE:GTT), the leading global cloud networking provider to multinational clients, recently announced an updated division structure following the acquisition of Interoute. GTT appointed Martin Ford as UK division president, with responsibility for clients in the UK and Ireland in addition to the Middle East, Africa and Asia-Pacific. Mr. Ford previously served as GTT’s EMEA division president. Prior to GTT, Mr. Ford held a broad range of leadership roles with Hibernia Networks and Level 3. GTT announced Jesper Aagaard as Europe division president, with responsibility for clients in continental Europe. Mr. Aagaard was formerly managing director of Interoute in the Nordics and Netherlands. Prior to Interoute, Mr. Aagaard was CEO of Comendo Network in Denmark.

DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated forty five hundred dollars for news coverage of the current press releases issued by FTE Networks, Inc. by a non-affiliated third party.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.


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Media Contact email:  
info@marketnewsupdates.com - +1(561)325-8757

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Electrophysiology Devices Market Growth Intensifies on Heels of Latest Technological Advancements


Palm Beach, FL – (August 20, 2018) -- The development of the worldwide Electrophysiology market is being driven by a few elements, the most essential of which is the technological advancements. Technological developments and progressions of innovation have prompted the introduction of new products and devices in a Global Electrophysiology Market which is expected to exceed more than $8.5 Billion by 2024 at a CAGR of 10.6%.  With the increasing incidence of atrial fibrillation (AF), the electrophysiology (EP) market is expected to grow rapidly over the next few years and believed to be one of the prime factors for the EP market to continue to flourish and become one of the most rapidly-growing areas of healthcare.  Active healthcare stocks in news today include:  BioSig Technologies, Inc. (OTC: BSGM), Medtronic plc (NYSE:MDT), Boston Scientific Corporation (NYSE:BSX), Abbott Laboratories (NYSE:ABT), Johnson & Johnson (NYSE:JNJ). 

BioSig Technologies, Inc. (OTCQB: BSGM) BREAKING NEWS - BioSig Technologies, after announcing last week that the Company has received 510(k) clearance for its first product, PURE EP System, from the U.S. Food and Drug Administration (FDA) the Company, a medical device company developing a proprietary biomedical signal processing platform designed to address an unmet technology need for the $4.6 billion electrophysiology (EP) marketplace, today announced that it has partnered with Mrs. Amy Ansfield Scott in order to assist with nationwide KOL engagement ahead of the commercial launch of PURE EP(tm) System in the U.S.

Mrs. Scott brings to the Company over 30 years of experience in medical devices, including over 20 years in electrophysiology (EP). Most recently, she served as Director of Strategic Partnerships for Biosense Webster (Johnson & Johnson), a role which she was responsible for primarily U.S. engagement of physicians and management of the company’s Scientific Advisory Board. Prior to that role, Mrs. Scott was managing a team responsible for driving customer engagement and education, including development of product demonstration and training sites, management of key accounts and liaison between internal clinical and field clinical trials teams. During her career with Biosense Webster, Mrs. Scott also
served as Global Product Director for Atrial Fibrillation, the role in which she developed, executed and managed EP/Afib Centers of Excellence. She brings to BioSig extensive experience in defining customer needs and promoting key account relations and activities.

“An experienced and passionate leader like Amy is an invaluable addition to our team. Her expertise in building successful physician relationships and the depth of her marketing knowledge can significantly benefit our effort to launch and expand our clinical operations following our 510(k) clearance,” stated Mr. Kenneth Londoner, Chairman & CEO of BioSig Technologies, Inc.

The Company announced that it received the 510(k) clearance for its PURE EP System on August 14, 2018. Earlier in the month, on August 1, 2018, the Company announced its intentions to list on the Nasdaq stock exchange.

“I’m delighted to join the BioSig team as the Company starts a new chapter. I have been impressed with the strong value proposition of PURE EP and the long-term vision of the management team. I look forward to helping the Company make its first steps in the clinical field,” commented Mrs. Scott.    Read this and more news for BioSig Technologies at:   
http://www.marketnewsupdates.com/news/bsgm.html

In other healthcare industry news of note: 

Boston Scientific Corporation (NYSE:BSX) recently announced it has recently closed its acquisition of Claret Medical, Inc., a privately-held company that has developed and commercialized the Sentinel® Cerebral Embolic Protection System, the only device cleared to protect patients against the risk of stroke in transcatheter aortic valve replacement (TAVR) procedures.  The company also announced that the U.S. Centers for Medicare and Medicaid Services (CMS) granted a New Technology Add-on Payment (NTAP) designation for the Sentinel System as part of the federal fiscal year 2019 Inpatient Prospective Payment System (IPPS). The NTAP designation, awarded to new medical devices determined to substantially improve the diagnosis or treatment of Medicare beneficiaries, will be effective on October 1, 2018. 

Medtronic plc (NYSE:MDT) recently announced the online publication of `Effect of intrathecal baclofen on pain and quality of life in post-stroke spasticity: a randomized trial (SISTERS)` in Stroke: A Journal of Cerebral Circulation (Stroke). These results, secondary endpoints of the `Spasticity In Stroke-Randomised Study` (SISTERS) trial, demonstrate Intrathecal Baclofen Therapy (ITB Therapy(SM))  with Lioresal® Intrathecal (baclofen injection) reduces spasticity-related pain and improves quality of life more than conventional medical management (CMM) with oral antispastic medications. "Despite its known benefits, ITB Therapy continues to be underused when it comes to treating severe spasticity in post-stroke patients," said lead author and study investigator Michael Creamer, D.O., of Central Florida Pain Relief Centers in Orlando, Fla. "These secondary study results demonstrate that, in addition to treating excessive muscle tone associated with spasticity, ITB Therapy also addresses spasticity-related pain and quality of life and should be considered when assessing treatment options for post-stroke spasticity." 

The Janssen Pharmaceutical Companies of Johnson & Johnson (NYSE:JNJ) announced recently the submission of a supplemental Biologics License Application (sBLA) to the U.S. Food and Drug Administration (FDA) and a Type II Variation to the European Medicines Agency (EMA) seeking approval of a split dosing regimen for DARZALEX® (daratumumab). The applications seek to update the Prescribing Information and Summary of Product Characteristics to provide health care professionals with the option to split the first infusion of DARZALEX® over two consecutive days. The submissions are supported by data from the Phase 1b MMY1001 clinical trial, which demonstrated DARZALEX® pharmacokinetics (PK) concentrations were comparable regardless of whether the first dose was administered as a split infusion or single first infusion in patients with multiple myeloma. The safety profile of DARZALEX® was comparable when administered initially as a split or single dose. “We are committed to exploring options that may improve the administration profile of DARZALEX® and the overall treatment experience for patients and physicians,” said Craig Tendler, MD, Vice President, Clinical Development and Global Medical Affairs, Janssen Research & Development, LLC.  

In an article published by MD+DI Qmed, the FDA recently cleared Abbott Laboratories' (NYSE:ABT) Advisor HD Grid mapping catheter with the company's Sensor Enabled technology. The company said the Advisor HD Grid employs a new design that allows physicians to see things differently, capturing and analyzing data in a new way to create highly detailed maps of the heart that better differentiate healthy tissue from unhealthy tissue.  The new mapping catheter builds on Abbott's other cardiac mapping technologies, including the EnSite Precision system that the company inherited through its acquisition of St. Jude Medical.  According to Abbott, the Advisor HD Grid is designed to capture information that is often missed with standard mapping catheters, such as the direction and speed of cardiac signals. The device offers a unique grid configuration intended to capture this information and enable the creation of high-density maps of cardiac tissue to support optimal treatment for patients, the company said. 

DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated seventy six hundred dollars for news coverage of the current press release issued by BioSig Technologies, Inc. for the week’s coverage by the company.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. 

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements. 

Contact Information:Media Contact email:  info@marketnewsupdates.com - +1(561)325-8757 

SOURCE MarketNewsUpdates.com

 

FDA Approvals for Cardiac Electrophysiology Products Bright Spot in Healthcare Industry


Palm Beach, FL – (August 14, 2018) -- The rising prevalence of cardiac conditions such as flutter, atrial fibrillation and arrhythmia has driven the adoption of medical procedures such as ablation and electrophysiology (EP) study.  Electrophysiology is one of the most rapidly-growing areas of healthcare. Innovation within the field of electrophysiology continues to evolve toward improving our ability to visualize arrhythmias in much greater detail, and we are confident that patient outcomes will improve as a result.  Electrophysiology Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $8.2 Billion by 2022, registering a CAGR of 13.4% during the period of 2016-2022. Electrophysiology (EP) ablation catheters are expected to dominate the global electrophysiology market.  Active healthcare stocks in news today include:  BioSig Technologies, Inc. (OTC: BSGM), electroCore, Inc. (NASDAQ:ECOR), Boston Scientific Corporation (NYSE:BSX), Abbott Laboratories (NYSE:ABT), Johnson & Johnson (NYSE:JNJ). 

BioSig Technologies, Inc. (OTCQB: BSGM) BREAKING NEWS - BioSig Technologies announced that the Company has received 510(k) clearance for its first product, PURE EP System, from the U.S. Food and Drug Administration (FDA). 

The non-invasive PURE EP System is a computerized system intended for acquiring, digitizing, amplifying, filtering, measuring and calculating, displaying, recording and storing of electrocardiographic and intracardiac signals for patients undergoing electrophysiology (EP) procedures in an EP laboratory. The system is indicated for use under the supervision of licensed healthcare practitioners who are responsible for interpreting the data.  The PURE EP System aims to minimize noise and artifacts, and acquire high-fidelity cardiac signals. Improving cardiac signals may potentially increase the diagnostic value of these signals, thereby possibly improving accuracy and efficiency of the EP studies and related procedures.

To date, BioSig has performed twelve pre-clinical studies at Mayo Clinic in Rochester, MN, three at UCLA Medica
l Center in Los Angeles, CA, and one at Mount Sinai Hospital in New York, NY.   BioSig signed a 10-year collaboration agreement with Mayo Clinic in 2017 that will enable the Company to advance the platform and expand its capabilities into other areas of clinical importance.  The Journal of Innovations in Cardiac Rhythm Management published several years of pre-clinical data (https://www.biosigtech.com/technology/publications) conducted at Mayo Clinic.

Minnetronix, BioSig’s manufacturing partner in St. Paul, MN, has produced initial systems that will allow the Company to enter the market in the U.S. with selected sites.  “Our PURE EP System is the culmination of many years of scientific research and business development efforts. It is our goal to provide tangible benefits to electrophysiologists and improve the current standards of EP procedures in the clinical setting.  We are excited to bring the advanced platform to the U.S. market,” commented Kenneth L. Londoner, Chairman and CEO of BioSig Technologies, Inc.  

One of the most common reasons for an EP procedure is the diagnosis and treatment of atrial fibrillation. Atrial fibrillation is the most common arrhythmia currently affecting 33.5 million people worldwide, with 6.1 million people in the U.S. Atrial fibrillation increases the risk of stroke by 4 to 5 times and contributes to ca. 750,000 hospitalizations per year. According to the 2016 HRI Global Opportunities in Medical Devices & Diagnostics report, the current market of EP is estimated at $4.6 billion and growing at 10.5% rate annually.   On August 1, 2018 the Company announced its intention to uplist to the Nasdaq exchange. The Company expects to be trading on Nasdaq in 2018.     Read this and more news for BioSig Technologies at:   
http://www.marketnewsupdates.com/news/bsgm.html

In other healthcare industry news of note: 

electroCore, Inc. (NASDAQ:ECOR), a commercial-stage bioelectronic medicine company, recently announced a research collaboration with Massachusetts General Hospital (MGH) through the company’s funding of a MGH program targeting neuroinflammation.  Within this program, electroCore’s non-invasive vagus nerve stimulation (nVNS) will be studied in preclinical settings, looking at the effects of this novel therapeutic approach on neuroinflammatory mechanisms which have been associated with conditions in the central nervous system (CNS) including pain, trauma and neurodegeneration.  “We are proud to partner with a renowned research institution like Massachusetts General Hospital, whose core scientific mission aligns with our belief that it is through the deep understanding of the mechanisms of potential therapies that we learn to best help patients suffering from debilitating conditions,” said J.P. Errico, Chief Science Officer at electroCore.  

Boston Scientific Corporation (NYSE:BSX) last week announced it has signed an agreement to acquire VENITI, Inc., a privately-held company in Fremont, California which has developed and commercialized the VICI VENOUS STENT® System for treating venous obstructive disease. Boston Scientific has been an investor in VENITI since 2016 and currently owns 25 percent of the company. The transaction price for the remaining stake consists of $108 million up-front cash, as well as up to $52 million in payments contingent upon U.S. Food and Drug Administration (FDA) approval of the VICI stent system.  Venous obstructive disease – instances of abnormal, blocked or damaged veins – affects more than 1.1 million people in the United States and Western Europe annually. Vein obstructions, often caused by conditions such as deep vein thrombosis, post thrombotic syndrome and May-Thurner syndrome, can prevent proper blood circulation and cause patients to experience pain, swelling, ulcers and a diminished quality of life.  

Abbott Laboratories (NYSE:ABT) recently announced U.S. Food and Drug Administration (FDA) approval for an over-the-air software upgrade for all currently implanted Infinity DBS systems that delivers magnetic resonance (MR)-conditional labeling and innovative features. This life-changing technology from Abbott helps patients with progressive diseases live better.  Prior to the latest Abbott approval, people new to deep brain stimulation (DBS) therapy or those living with older systems from other manufacturers may have experienced barriers in accessing the most advanced DBS therapy options because of the potential need for an MRI in the future. With its updated labeling, Abbott has addressed this challenge with the Infinity DBS system's improved therapy platform — the first and only FDA-approved MR-conditional directional DBS system. 

Johnson & Johnson (NYSE:JNJ) announced recently the appointment of Chris DelOrefice to Vice President of Investor Relations for Johnson & Johnson, effective August 13, 2018. Mr. DelOrefice will report to Mr. Joseph Wolk, Executive Vice President and Chief Financial Officer of the Company.  Mr. DelOrefice has been with Johnson & Johnson for 19 years and has most recently served as the CFO of the North America Hospital Medical Devices (MD) Business. In this role, he provided strategic financial leadership and counsel, which were integral in evolving the MD portfolio and commercial strategy to support our long-term growth.  Previously, Mr. DelOrefice held various leadership positions across all three segments of Johnson & Johnson and many functions of the Company, and was instrumental in leading key mergers and acquisitions, negotiating critical licensing and managed care agreements and implementing major business restructurings.   

DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated seventy six hundred dollars for news coverage of the current press release issued by BioSig Technologies, Inc. for the week’s coverage by the company.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. 

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements. 

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Blockchain Technology Drastically Improves Data Center Operations for More Efficient Crypto Mining


Palm Beach, FL – (August 13, 2018) -- Mobile and video game have moved into the mainstream thanks to the popularity of games such as Epic Games’ Fortnite and Riot Games League of Legends.  Video game interest continues to grow at rapid pace which could mean big returns for those interested in the space.  As technology and innovation continually take giant leaps forward, so does gaming content, products, mobile games, special events and video game tournaments. These are just some of the ways the industry is turning into a recurring revenue model and capitalizing on increased deman.  Gamers around the world will likely spend around $138 billion on games this year, according to Newzoo's Global Games Market Report. The market research firm tracks usage and trends of video games, mobile and esports. The figure represents a 13.3 percent increase year over year, or an extra $16.2 billion.  Active Companies in the markets this week include:  Tapinator, Inc. (OTC:TAPM), Cheetah Mobile Inc. (NYSE: CMCM), Zynga Inc. (NASDAQ:ZNGA), Glu Mobile Inc. (NASDAQ:GLUU), Electronic Arts Inc. (NASDAQ:EA). 

Tapinator, Inc. (OTCQB: TAPM) BREAKING NEWS:  Tapinator, developer and publisher of mobile games and applications on the iOS, Google Play and Amazon platforms is pleased to announce a worldwide distribution deal for its Solitaire Dash mobile game with Cheetah Mobile (NYSE:CMCM). 

Under the four-year initial agreement, Cheetah becomes the exclusive worldwide distributor for all mobile versions of the Solitaire Dash game.  

Cheetah Mobile is a leading mobile internet company dedicated to making the world smarter. It aims to provide leading apps for mobile users worldwide and connect users with personalized content powered by artificial intelligence. Cheetah Mobile was formed in November 2010 as a merger between Kingsoft Security and Conew Image, bringing together Kingsoft Security's 18 years of security technology experience and Conew's internet DNA. The Company has attracted approximately 600 million global MAUs in more than 200 countries and regions, of which approximately 70% are located outside of China. 

Solitaire Dash is Tapinator’s horse-racing themed tri-peaks solitaire mobile game which originally launched in 2017 and recently received a significant update for its 2.0 version. The user interface was completely redesigned in the form of a map to visually represent player progress. This redesign has resulted in a map featuring 324 unique levels across 18 racetracks. Players now have many additional ways to increase earning potential and in-game rewards, including purses for completing racetracks and "sponsorships" that are awarded for completing in-game content. In short, Solitaire Dash 2.0 now combines the proven systems of top grossing card games with its own unique features to create a best-in-class solitaire product.  Tapinator’s CEO, Ilya Nikolayev, has personally created the vision and overseen the development of Solitaire Dash since the game’s inception. 

Commenting on the agreement, Tapinator President Andrew Merkatz said “Given the overwhelmingly positive player response and monetization potential with Solitaire Dash, we are very excited to work with Cheetah Mobile to bring the game to their massive worldwide mobile audience.  We look forward to working with Cheetah Mobile to continue to enhance and localize the game in order to delight more players and capture market share within the highly lucrative solitaire category on mobile. 

"It’s exciting to partner with Tapinator," said Keith Huan, Producer of Cheetah Games. "Solitaire Dash offers hybrid game play of classic Solitaire combined with a horse racing theme. We really looking forward to working with Tapinator to optimize and localize the game in order to deliver a unique game experience to our users worldwide."    Read this and more news for Tapinator at:  http://www.marketnewsupdates.com/news/tapm.html  

In other industry developments from around the markets:   

Zynga Inc. (NASDAQ:ZNGA), a leading social game developer, and premier sports car maker Porsche, today announced a global content partnership. In honor of this year’s 70th anniversary of the Porsche brand, the partnership includes new in-game content in CSR Racing 2 (CSR2), the world’s most popular mobile racing game, as well as a four-part docuseries featuring passionate Porsche connoisseurs from around the world. The docuseries participants include Australian former racing driver Mark Webber, collector and designer Magnus Walker, custom tuner Akira Nakai, and former racer Bruce Canepa. The first video will be shared on CSR2’s social media channels and promoted in-game on iOS and Android.  Since its founding in 2007, Zynga’s mission has been to connect the world through games. To date, more than 1 billion people have played Zynga’s games across web and mobile, including FarmVille, Zynga Poker, Words With Friends, Hit it Rich! Slots and CSR Racing. Zynga’s games are available on a number of global platforms including Apple iOS, Google Android, Facebook and Zynga.com.

Glu Mobile Inc. (NASDAQ:GLUU), a leading global developer and publisher of free-to-play mobile games, recetnly announced financial results for its second quarter ended June 30, 2018. The company also provided an outlook for its financial performance in the third quarter and increased its financial guidance for the full year 2018. Highlights included:  > Revenue increased to $90.2 million from $68.7 million year-over-year  > Record bookings increased 20% year-over-year and 15% sequentially to $99.4 million  > Company raises 2018 full year bookings guidance to a range of $374.0 million to $378.0 million, an $11.0 million increase at the midpoint   > Design Home peaks at #7 top grossing game on U.S. App Store for iPhone.

Electronic Arts Inc. (NASDAQ:EA) launched EA SPORTS Madden NFL 19 on Origin for PC, Xbox One and PlayStation 4. This year’s game delivers all-new animation and some of the smoothest gameplay ever with the introduction of Real Player Motion (RPM) Tech, along with Franchise mode enhancements that allow players to solidify their strategy and build their own NFL dynasty. The new features don’t end there, as Madden Ultimate Team also offers new challenges and opportunities, while fans hoping to catch up with the lives of Devin Wade and Colt Cruise can discover the conclusion of their stories in Longshot: Homecoming. Last but not least, the Madden NFL franchise returns to PC, bringing with it unlocked frame rates, mouse and keyboard controls and more (see here for details on PC specs and requirements). Bleacher Report praises this year’s edition of the game, calling it "A must-own package for fans of the sport," and “The smoothest Madden has ever felt.” The world is also celebrating launch with the story of the Greatest Play Call Ever.

DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated twenty five hundred dollars for news coverage of the current press release issued by Tapinator, Inc. by the company.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

 

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements. 

Contact Information:Media Contact email:  info@marketnewsupdates.com - +1(561)325-8757 

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Blockchain Technology Drastically Improves Data Center Operations for More Efficient Crypto Mining


Palm Beach, FL –(August 7, 2018) – As blockchain technology continues to transform a growing number industries, the cost-effective data processing is allowing data center developers to run more efficiently including increasing power use capabilities.  Operations have exploded overseas including in China, but now the United States has an amazing opportunity to step up and start taking part in creating mega facilities, or data centers with high computational power for mining that supports the transactions on the blockchain, hopefully diluting China’s position in the blockchain market and giving the U.S. a bigger piece.  Crypto mining is the necessary computational process of approving cryptocurrency transactions to ensure the integrity of the network since there is no centralized authority overseeing the blockchain ledger network. The rise of blockchain technology, especially for use in crypto mining, means data centers and cloud management services have to adjust to the changing realities on the ground conducive to offering sustainable infrastructures for power.  Active tech companies in the markets this week include Mining Power Group, Inc. (OTC:RCGR), Global Blockchain Technologies Corp (OTC:BLKCF) (CSE:BLOC), Pareteum Corp (NYSE:TEUM), MGT Capital Investments Inc. (OTC:MGTI), Big Blockchain Intelligence Group Inc. (OTC:BBKCF) (CSE:BIGG).

Mining Power Group, Inc. (OTCPK:RCGR) BREAKING NEWS:  Mining Power Group announced today that it acquired the majority ownership interest of upstate New York technology company, Northway Mining, LLC, (“Northway”) which offers highly specialized data center hosting services for thousands of cryptomining machines.   Northway, which will become a subsidiary of the Company, presently has revenues from its existing clients and also from an ever-increasing number of new clients. 

Included as part of the acquisition are real estate assets of substantial value from the purchase of the buildings in which Northway operates and a future building into which it will expand. In addition, included are 30 acres of surrounding flat land that will be used for future expansion of Northway as well as for the placement of industrial containers to house 1000’s of additional mining machines for clients.

Under the terms of the transaction, Northway will maintain its current management and the Company will invest funds for the expansion of its facilities.  Additional details of the pending transaction were not disclosed but will be included in an upcoming 8K filing.

Separately, the Company is in negotiations for a similar purchase of a majority interest in an unrelated privately-held company involved in the development of products for the cryptomining industry.  Results of the negotiations will be announced at a later date.

Dror Svorai, President and CEO, stated, “This is something that we had been working on for a while and we are so glad to finally complete this transaction. We have not only entered the data center market… but we have done it in a big way that allows us to immediately begin a rapid ramp up of revenues.   Read this and more news for Mining Power Group at: http://www.marketnewsupdates.com/news/rcgr.html  

Other recent developments in the tech industry include:

Global Blockchain Technologies Corp (OTCPK:BLKCF) (CSE:BLOC.CN) recently announced an update on its exchange-related activities, which include interests in multiple cryptocurrency exchanges, as well as pending deals for the development of additional new exchanges. President and CEO Shidan Gouran stated “Our interests in this category form part of an additional and potentially stand-alone, critical mass business line for the company. As the assets continue to grow and mature, we believe the Company has put into place the right corporate structure to provide for a potential spinout of the Division in the future.”

Pareteum Corp (NYSE:TEUM) recently announced that its current 36-Month Contractual Revenue Backlog (36MCRB) has grown to an astonishing $301 Million. Pareteum has added $46 Million to its 36MCRB with ten (10) new customer agreements the last 36 days. Achieving this tremendous milestone represents a 393% increase from a year earlier, when in July 2017, our 36MCRB was $61 million. Hal Turner, Executive Chairman and Principal Executive Officer of Pareteum stated, "Our customers are telling us that 'telecom needs to change'. We have been listening. We are 'software', and, that is what has changed, and will even more disruptively continue to change how we receive content and communicate. Pareteum, and, its Global Software Defined Cloud, have made dramatic leaps forward in fulfilling our vision of software-driven open mobility and applications that make our customers happy.

MGT Capital Investments Inc. (OTCQB:MGTI) Stephen Schaeffer, Chief Operating Officer of the Company recently hosted a "fireside chat" at the Crypto Mining Forum in Miami fielding questions on multiple topics related to the bitcoin mining ecosphere.  Sponsored by Bitmain Technologies Inc., the Crypto Mining Forum was an invitation-only gathering of the top bitcoin mining industry participants in the crypto mining industry from the Americas. Operating in facilities in northern Sweden and Washington State, MGT Capital Investments, Inc. (MGTI) ranks as one of the largest U.S. based Bitcoin miners. MGT owns and operates approximately 6,800 Bitmain S9 miners, and 50 GPU-based Ethereum mining rigs. Further, the Company continues to execute on an expansion model to secure low cost power and grow its crypto assets materially.

Big Blockchain Intelligence Group Inc. (OTCPK:BBKCF) (CSE:BIGG.CN) recently announced it has signed Client, Reseller and Referral Partner agreements with global data verification specialist, Data Zoo, related to BIG's crypto wallet risk-scoring service BitRank VerifiedTM, blockchain forensic investigation platform QLUETM, and custom Forensic Services Division. Under the Client Agreement and Reseller Agreement, BIG will be paid a fee for API queries on crypto wallets that utilize BIG's BitRank VerifiedTM service.

DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated forty nine hundred dollars for news coverage of the current press releases issued by Mining Power Group Inc. by a non-affiliated third party.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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Photonics Imaging Technology Leading the Way in Bio-Imaging Industry


Palm Beach, FL – (June 13, 2018) – The global photonics market is becoming a technological and economic powerhouse, generating over $500 Billion in 2017 according to Stratistics MRC. It’s also expected the market will experience a CAGR of 10.5% through 2026, when it will surpass $1300 Billion. Drivers in the market’s growth include growing usage of photonics in numerous industries, as well as an overall increasing adoption of advanced technologies for enhanced efficiency. The increasing demand as well as growth rate for photonic crystals in the market is attributed to their growing usage in applications of optical fiber, LED, image sensors, and solar & photovoltaic (PV) cell, among others, in the industrial, aerospace & defense, life sciences & healthcare and other end-use industries. Active stocks today include: Zecotek Photonics Inc. (OTC:ZMSPF) (TSX-V:ZMS), Corning Incorporated (NYSE: GLW), NeoPhotonics Corporation (NYSE:NPTN), 3D Systems Corporation (NYSE:DDD), Forgive Corp. (NYSE:FTV).

Zecotek Photonics Inc. (OTC: ZMSPF) (TSXV: ZMS.V) BREAKING NEWS: Zecotek Photonics, a developer of leading-edge photonics technologies for healthcare, industrial and scientific markets, is pleased to announce the single largest purchase order of $5,000,000 for its patented LFS scintillation crystals through a distribution partner in China. The crystals will be used for positron emission tomography (PET) medical scanning equipment.

“2018 will be a transformative year for Zecotek’s medical imaging business,” said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek Photonics Inc. “This purchase order of $5 million represents more revenue than we have achieved previously in an entire year. The order also demonstrates the success of the patient and systematic approach we have taken in the Chinese marketplace. Our initiatives have established a strong foothold in China by creating key distribution partnerships, building a talented local sales team, and, as recently announced, installing our own state-of-the-art crystal production facility. The large order comes from one of our key sales channel partners for components related to the PET/CT medical imaging industry. The first shipment of LFS crystals is expected to be completed in the next 30 days, with the crystals coming from our current inventory. The
remaining shipments will take place over the next 12 months and will be supplied by our new crystal production facility in Shanghai. We will continue to aggressively expand our sales opportunities in China and elsewhere and look forward to reporting further results.”

Zecotek’s LFS series of scintillation crystals are known to be uniquely qualified for components in PET medic
al scanners. LFS crystals have the fastest decay parameter in their category, the best energy resolution and competitive pricing, which are key attributes for the new configurations of high resolution Time Of Flight PET scanners. PET OEMs have conducted comparative tests with other many other scintillation materials, and recognize Zecotek’s LFS crystals to be superior for specific designs of PET medical scanners. Read this and more news for Zecotek Photonics at: http://www.marketnewsupdates.com/news/zms.html 

In other industry developments of note:

Corning Incorporated (NYSE:GLW) recently announced that it has largely completed the previously announced acquisition of substantially all of the Communication Markets Division (CMD) from 3M Company. Corning anticipates closing the sale of the remaining telecommunications system integration services business later in 2018, subject to customary closing conditions and regulatory approvals. The acquisition extends Corning Optical Communications` market reach and access to global customers, particularly in key growth areas in Europe, the Middle East and Asia; the Central and Latin America regions; and the in-building network market segment. Th
e acquisition also expands the optical solutions Corning can provide existing customers through CMD`s high-bandwidth portfolio.

NeoPhotonics Corp. (NYSE:NPTN) came to a close up slightly on Tuesday at $7.11 per share. NeoPhotonics Corporation develops, manufactures, and sells optoelectronic products that transmit, receive, and switch high speed digital optical signals for communications networks. It offers high speed products, including transmitter, receiver, and switching products for 100G (gigabits per second) and optical transmission applications over distances of 2 to 2,000 kilometers; optical components for coherent systems, including narrow linewidth tunable transmit and local oscillator lasers (NLW-ITLA) that generate ultra-pure wavelength or color for coherent
transmission, as well as coherent micro-modulators, which encode the information on the intensity and phase of the optical beam; and integrated coherent receivers (ICRs) that decode the phase and polarization encoded coherent signals. The company also engages in developing pluggable coherent modules that combine NLW-ITLA with ICR and a coherent modulator; and offers 100G products for the client side and datacenter applications.

3D Systems Corporation (NYSE:DDD) recently announced it has chosen Aquant's Artificial Intelligence (AI) platform to more quickly and accurately diagnose machine failures, resulting in greater productivity and uptime of the company's 3D printers. Aquant is an enterprise AI platform that uses machine learning to learn the enterprise's unique language and use it to maximize equipment uptime. Aquant's Natural Language Processing (NLP) algorithms rapidly convert historical structured and unstructured data into a meaningful knowledge base, providing predictive and actionable service recommendations. Using Aquant, 3D Systems' technicians will be able to more quickly diagnose issues based on reported symptoms, immediately escalate complex problems, and better predict parts required for service calls - increasing first-time-fix rates.

Forgive Corp. (NYSE:FTV) recently announced today that it has made a binding offer to Ethicon, Inc.*, a subsidiary of Johnson & Johnson, to purchase the Advanced Sterilization Products (“ASP”) business for approximately $2.7 billion in cash. Based on financial measures provided by Johnson & Johnson, ASP generated 2017 revenue of approximately $775 million (unaudited) and adjusted EBITDA margin of approximately 25% (unaudited). ASP is a leading global provider of innovative sterilization and disinfection solutions and pioneered low-temperature hydrogen peroxide sterilization technology. ASP’s products, which are sold globally, include the STERRAD system for sterilizing instruments and the EVOTECH and ENDOCLENS systems for endoscope reprocessing and cleaning.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty-nine hundred dollars for news coverage of the current press release issued by Zecotek Photonics Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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SOURCE MarketNewsUpdates.com

 

 

Cancer Treatment Breakthroughs Providing Boost for Biotech Market


Palm Beach, FL – (June 6, 2018) – Over the past month of May, the iShares Nasdaq Biotechnology ETF has risen by more than 7% as it was a big week to start June for the biotech industry with the kick-off of the much-anticipated American Society of Clinical Oncology (ASCO) annual meeting in Chicago.  Every year, thousands of healthcare professionals, scientists, and investors assemble in Chicago to hear about the latest scientific breakthroughs redefining cancer care.  The biotech industry has faced periods of volatility over the past few years as it has grown, evolved and become one of the most prominent sectors of the overall medical field. One of the biggest areas as it relates to revenue generation and product development is that of cancer treatment and research, as companies in the biotech industry drive towards beating numerous forms of the disease. There have been recent breakthroughs and advancements in both research and actual treatments, causing a growing anticipation for the sector.  Active companies in the markets today include:  Moleculin Biotech, Inc. (NASDAQ: MBRX), Abeona Therapeutics Inc. (NASDAQ:ABEO), Jounce Therapeutics Inc. (NASDAQ:JNCE), Nektar Therapeutics Inc. (NASDAQ:NKTR), Sangamo Therapeutics Inc. (NASDAQ:SGMO). 

Moleculin Biotech, Inc. (NASDAQ: MBRX) BREAKING NEWS:  Moleculin Biotech, a clinical stage pharmaceutical company focused on the development of oncology drug candidates, all of which are based on license agreements with The University of Texas System on behalf of the M.D. Anderson Cancer Center, today announced that has entered into an agreement with The University of Iowa Pharmaceuticals for the development of a formulation for WP1732.

“WP1732, which we believe, based on preclinical testing, is a breakthrough discovery, is now advancing to the stage of formulation development,” commented Walter Klemp, Moleculin’s Chairman and CEO.  “With the demand for clinical testing of WP1066 continuing to grow, it is easy to forget that we believe WP1732 represents a major expansion of our STAT3 inhibition capability by providing a highly soluble alternative that is ideally suited for IV administration.  This agreement marks the beginning of our creating a preclinical package to submit to the FDA in order to request Investigational New Drug status.”  Read this and more news for Moleculin Biotech at:  http://www.marketnewsupdates.com/news/mbrx.html 


In other pharma and biotech developments in the markets: 
 

Abeona Therapeutics Inc. (NASDAQ:ABEO) recently announced the opening of The Elisa Linton Center for Rare Disease Therapies, the commercial GMP manufacturing facility for gene and cell therapies in Cleveland, Ohio. The GMP facility will have the capability to manufacture clinical and commercial grade products over Abeona’s multiple programs, including recessive dystrophic epidermolysis bullosa (RDEB) and Sanfilippo syndrome.  The ribbon-cutting ceremony and first facility walk-through will be held today, May 31, 2018. “The opening of The Elisa Linton Center for Rare Disease Therapies is a momentous occasion and underscores Abeona’s ongoing commitment to transforming patients’ lives,” said Carsten Thiel, Ph.D., Abeona’s Chief Executive Officer. “Our development of internal manufacturing capabilities bolsters our position for commercial readiness as we continue to execute on our vision to bring these therapies to the patient communities that need them.”  

Jounce Therapeutics Inc. (NASDAQ:JNCE) recently announced preliminary data from its ongoing Phase 1/2 ICONIC trial, an adaptive design, open-label trial evaluating JTX-2011 alone and in combination with nivolumab in patients with advanced solid tumors. Safety and preliminary clinical activity data from all evaluable patients across multiple tumor types will be presented in an oral presentation today, Saturday, June 2, 2018 at the 2018 American Society of Clinical Oncology (ASCO) Annual Meeting in Chicago, IL. “We are encouraged by the early signal of clinical activity in heavily pre-treated patients, accompanied by an ICOS pharmacodynamic biomarker. We believe that this biomarker may help guide further development of JTX-2011,” said Elizabeth Trehu, M.D., chief medical officer of Jounce Therapeutics. “Importantly, JTX-2011 continues to be safe and well-tolerated both as a single agent and in combination with nivolumab. We look forward to continuing clinical evaluation of JTX-2011, including initiation of new combination dose escalation cohorts within the ICONIC trial of JTX-2011.”  

Nektar Therapeutics Inc. (NASDAQ:NKTR) and Bristol-Myers Squibb (NYSE:BMY) recently announced presentation of preliminary data from the ongoing PIVOT Phase 1/2 Study, which is evaluating the combination of Bristol-Myers Squibb's Opdivo (nivolumab) with Nektar's investigational medicine, NKTR-214. The preliminary results presented at the 2018 American Society of Clinical Oncology (ASCO) reported safety, efficacy and biomarker data for patients enrolled in the Phase 1 dose-escalation stage of the study and for the first patients consecutively enrolled in select dose expansion cohorts in Phase 2. Enrollment is ongoing in the Phase 2 stage of the PIVOT study in over 400 patients with melanoma, renal cell, urothelial, non-small cell lung and triple negative breast cancers.  Preliminary results from the ongoing PIVOT study presented today showed that pre-specified efficacy criteria were achieved in three tumor types: first-line melanoma, first-line renal cell carcinoma and first-line urothelial cancer. As a result, Nektar and Bristol-Myers Squibb will initiate a Phase 3 registrational trial in first-line advanced melanoma patients in Q3 2018, and pivotal studies are also being designed in renal cell carcinoma and urothelial cancer.  

Sangamo Therapeutics Inc. (NASDAQ:SGMO) recently announced that the Medicines and Healthcare Products Regulatory Agency (MHRA) of the United Kingdom has granted the Clinical Trial Authorisation (CTA) for enrollment of subjects into ongoing Phase 1/2 clinical trials evaluating SB-318 and SB-913, zinc finger nuclease (ZFN) in vivo genome editing treatments for Mucopolysaccharidosis Type I (MPS I) and MPS II, respectively. "Patients with MPS I and MPS II have very few treatment options, and we are excited to expand access to our clinical trials to the U.K.," said Dr. Edward Conner, Chief Medical Officer at Sangamo. "We are pleased with the MHRA's rapid action on our CTA applications and to be working closely with them to advance our evaluation of zinc finger nuclease genome editing treatments into younger patient populations for whom we believe the need and potential benefits are greatest." 

DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated forty four hundred dollars for news coverage of the current press release issued by Moleculin Biotech, Inc. by the company.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. 

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements. 

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Artificial Intelligence (AI) and Internet of Things (IoT) Becoming Biggest Influences on Tech Industry


Palm Beach, FL – (June 5, 2018) – Artificial Intelligence (AI) and Internet of Things (IoT) influence on  MESH technology are a few of the hottest topics in all of the expansive and volatile technology industry landscape. As these innovative and cutting edge technologies fuse together experts in the market are forecasting exponential growth over the next seven years while revolutionizing everyday products with amazing potential. Grand View Research projects the wireless mesh network alone will be worth north of $11 billion globally by the year 2025. One of the significant factors driving market growth is the variety of applications across multiple industries for these platforms, ranging from traditional business projects to emergency services. The inclusion of IoT and AI are expected to expedite the process, allowing for more efficient and effective operations of MESH applications and networks.  Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), Microsoft Corporation (NASDAQ:MSFT), Intel Corporation (NASDAQ:INTC), Micron Technology Inc. (NASDAQ:MU), Cree Inc. (NASDAQ:CREE).

Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS:  Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, is pleased to announce that it has completed the first phase of its Decentralized MESH system architectural functionality simulation.  These simulations tested Gopher’s unstructured MESH network, performing node and gateway communication scenarios while observing timing and performance. The team was able to successfully simulate “node to node” and “node to gateway” network communication, within a defined range.


A wireless mesh network is a communications network made up of radio nodes (telephones or other connected devices) organized in a mesh topology (random dispersion across a given area). MESH refers to rich interconnection among devices or nodes. Wireless mesh networks typically consist of mesh clients(users) an
d gateways (internet access points).   The Gopher Decentralized MESH network will be a mobile network, which adds additional complexity as the nodes move frequently. The main challenge of developing Gopher’s MESH network is updating routes of data considering that nodes are moving within the MESH. Managing these nodes is achieved by our time division based electronic hardware combined with Gopher’s Avant! Artificial Intelligence engine that is cognitively learning about the dynamic GEO locations of nodes and gateways in order to control the unstructured mesh network.

"This is a very significant stage for us" stated Danny Rittman, Gopher's CTO. "We successfully conducted a node hopping simulation which we believe is one of the key technological hurdles in creating a MESH network. In addition, we also performed “node to gateway” communications and multiple “node hopping” all the way to a gateway. The results were successful for a defined range and beyond. We are now constructing testing boards to further analyze the technology in order to identify methods of improvements and advancements.”  

“We are also working on our Avant! AI engine, providing it with the mathematical knowledge with the goal of developing it to a point to control the entire system. Unstructured networks are particularly difficult to control without the involvement of highly mathematical models and algorithms" continued Dr. Rittman.   Gopher believes the development of a mesh network and technology is crucial to the creation of a communications network that disrupts the incumbent Internet and data providers that are the gatekeepers of communication access for the developed world. Gopher intends to bring connectivity to the hundreds of millions that cannot easily afford the current global cost of connectivity and to make the rapidly growing internet of things more affordable for all.   Read this and more news for GOPH at http://www.marketnewsupdates.com/news/goph.html  

Other recent and current developments in the tech industry include:

Microsoft Corporation (NASDAQ:MSFT) recently announced a strategic partnership to deliver new technology developments and go-to-market initiatives that accelerate enterprise AI and IoT application development. As part of this partnership, the companies will create a “better together” solution, comprising the C3 IoT Platform™, a low-code, high-productivity PaaS for scaling AI and IoT across enterprises, fully integrated to operate on Microsoft Azure. C3 IoT will leverage Microsoft Azure as a preferred cloud platform and tap into the power of its intelligent capabilities. The companies will conduct co-marketing and co-selling strategies that rapidly scale distribution globally, as well as intensive training for dedicated teams to speed customers’ time to value. Close collaboration between Microsoft and C3 IoT will help enable customers to more rapidly develop and deploy AI-based applications for transformative use cases, such as AI predictive maintenance, dynamic inventory optimization, precision healthcare and CRM.   

Intel Corporation (NASDAQ:INTC) recently issued an editorial by Naveen Rao, vice president and general manager of the Artificial Intelligence Products Group at Intel Corporation. This is an exciting week as we gather the brightest minds working with artificial intelligence (AI) at Intel AI DevCon, our inaugural AI developer conference. We recognize that achieving the full promise of AI isn’t something we at Intel can do alone. Rather, we need to address it together as an industry, inclusive of the developer community, academia, the software ecosystem and more. So as I take the stage today, I am excited to do it with so many others throughout the industry. This includes developers joining us for demonstrations, research and hands-on training. We’re also joined by supporters including Google*, AWS*, Microsoft*, Novartis* and C3 IoT*. It is this breadth of collaboration that will help us collectively empower the community to deliver the hardware and software needed to innovate faster and stay nimble on the many paths to AI. Indeed, as I think about what will help us accelerate the transition to the AI-driven future of computing, it is ensuring we deliver solutions that are both comprehensive and enterprise-scale. This means solutions that offer the largest breadth of compute, with multiple architectures supporting milliwatts to kilowatts. Enterprise-scale AI also means embracing and extending the tools, open frameworks and infrastructure the industry has already invested in to better enable researchers to perform tasks across the variety of AI workloads. For example, AI developers are increasingly interested in programming directly to open-source frameworks versus a specific product software platform, again allowing development to occur more quickly and efficiently.

Micron Technology Inc. (NASDAQ:MU) came to a close up .61% on Monday afternoon with a volume north of 63.3 million. In the news: Micron Technology Inc., the largest U.S. maker of memory chips, is
benefiting from “exploding” data consumption that’s helping smooth the boom-to-bust cycles of growth the industry experienced in the past, Chief Executive Officer Sanjay Mehrotra said. Demand from data-center operators and new artificial intelligence computing have “muted” fluctuations in the need for memory chips while supply increases have become more measured due to the increased technological complexity of improving manufacturing, Mehrotra said in an interview in New York on Tuesday. “All of these trends really point to a structural change and healthy fundamentals for the industry,” Mehrotra said. “We see a stable environment.”

Cree Inc. (NASDAQ:CREE) recently
announced it is expanding its SmartCast Intelligence Platform™ to include connected wireless capabilities that enable smart building solutions, such as building automation and control network (BACnet) connectivity, advanced lighting control, and building analytics. In addition, Cree announced a new collaboration with Synapse Wireless, Inc. (“Synapse”) to deliver intuitive, intelligent lighting control designed specifically for outdoor area and high-bay applications. Together, these platform enhancements deliver connected solutions to more customers and applications, such as complete campus and industrial settings, while making it easier than ever to upgrade existing buildings to intelligent lighting systems.

DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated twenty three hundred dollars for news coverage of the current press releases issued by Gopher Protocol Inc. by a non-affiliated third party.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. 

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements. 

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Artificial Intelligence to Reach a New Level with infusion of Blockchain Technology Innovation


Palm Beach – June 4, 2018 -  – As artificial intelligence (AI) technologies and platforms become integral to advanced operations in nearly every industry, blockchain is inserting itself as a means to enhance AI applications in both form and function. Blockchain has the potential to allow AI technologies to become more collaborative in nature and therefore increase their operating efficiency. Additionally, the potential for bolstered revenue streams is also apparent, as blockchain is projected to grow to $20 billion by 2024 according to Transparency Market Research and the Grand View Research projects the AI market will be worth more than $35 billion by 2025. As previously noted, leaders in the AI landscape are turning to blockchain to finetune various applications. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), Overstock.com Inc. (NASDAQ:OSTK), Xunlei Limited (NASDAQ:XNET), Pareteum Corporation (NYSE:TEUM), NVIDIA Corporation (NASDAQ:NVDA).

Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, formed a joint venture with the formation of a limited liability company, Gopher Protocol Costa Rica Sociedad De Responabilidad Limitada (“Gopher
CR”), in Costa Rica with the Lara Group with both parties owning 50% of Gopher CR, which will be managed by Mauricio Lara Ramos, Esq. Gopher CR intends to invest and develop AI-BlockChain assets or businesses in Latin America with initial efforts focused on smart contracts.

“I am looking forward to working with Gopher and using their technological resources, intellectual property and financial backing to find new solutions for the underserved and under-banked markets of Latin America that represent an approximate market of 250 million people. The applications for blockchain solutions are unlimited and I look forward to combining local assets with the Gopher’s platform to potentially create new revenue streams for Gopher CR” stated Mr. Lara. Read this and more news for GOPH at http://www.marketnewsupdates.com/news/goph.html 

Other recent and current developments in the tech industry include:

Overstock.com Inc. (NASDAQ:OSTK) finished Wednesday up 1.35% with a volume north of 1.3 million. The company also announced it has been selected to deliver a keynote address during the world’s largest Apache Spark event, the Spark + AI Summit taking place in San Francisco from June 4-6. Chris Robison, lead data scientist at Overstock, has been instrumental in building the leading artificial intelligence and machine learning technologies to achieve real-time personalization at Overstock. He will present on martech innovations in building a successful marketing technology infrastructure for instantaneous individualized marketing experiences. “I’m honored to showcase our team’s work at the Spark + AI Summit,” said Robison., “Our team is filled with some of the industry’s leading minds, focused on creating cutting-edge technology. What we have built, with tools like Databricks, brings millisecond speeds to personalization.” Robison is part of a keynote speaker lineup that features presenters from companies at the cutting-edge of technology.

Xunlei Limited (NASDAQ:XNET) recently announced it has launched StellarCloud and ThunderChain Open Platform to build a blockchain ecosystem in a product introduction ceremony held in Beijing on May 16, 2018. The StellarCloud is a shared cloud computing platform which will expand Xunlei's existing Content Delivery Network (CDN) services to Infrastructure as a Service (IaaS). It also offers edge computing, function computing and shared CDN (SCDN) solutions. The StellarCloud is created to help companies in their transition to cloud, including content delivery, live streaming, data storage and artificial intelligence (AI). During the ceremony, iQIYI (Nasdaq: IQ), an innovative market-leading online entertainment service in China, entered into a strategic cooperation agreement with Xunlei with respect to the StellarCloud. The ThunderChain is a high-performance blockchain infrastructure that can concurrently process over a million transactions per second (TPS). Now with the ThunderChain Open Platform, third-party developers and companies, especially start-ups, can easily build, migrate and manage decentralized applications (DApps) with low operating costs.

Pareteum Corporation (NYSE:TEUM) recently announced an established Global Mobile Virtual Network Operator (MVNO) has chosen Pareteum's Global Cloud Service Platform (GCSP), a single-source solution, to launch their new European-based MVNO. The 3-year agreement will add $8 million in revenue beginning end of 2018. The Global Enterprise customer will use Pareteum's GCSP to expand their business and grow revenue from a new European based MVNO. Their 100 thousand existing customers will be moved to the Pareteum GCSP as soon as the project launch is complete, enabling the MVNO to offer more options for secure and reliable connectivity for voice, data and SMS. "Pareteum redefines the industry standard by coloring outside the lines. Marketing companies seek mastery and innovation when it comes to superior subscriber experience. Recognizing this need, Pareteum designed an Insight Engine that uses Predictive Analytics to allow marketing companies better management of subscribers and their experience, irrespective of network," commented Vic Bozzo, Chief Executive Officer of Pareteum.

NVIDIA Corporation (NASDAQ:NVDA) recently announced NVIDIA HGX-2™, the first unified computing platform for both artificial intelligence and high-performance computing. The HGX-2 cloud server platform, with multi-precision computing capabilities, provides unique flexibility to support the future of computing. It allows high-precision calculations using FP64 and FP32 for scientific computing and simulations, while also enabling FP16 and Int8 for AI training and inference. This unprecedented versatility meets the requirements of the growing number of applications that combine HPC with AI. A number of leading computer makers today shared plans to bring to market systems based on the NVIDIA HGX-2 platform. “The world of computing has changed,” said Jensen Huang, founder and chief executive officer of NVIDIA, speaking at the GPU Technology Conference Taiwan, which kicked off today. “CPU scaling has slowed at a time when computing demand is skyrocketing. NVIDIA’s HGX-2 with Tensor Core GPUs gives the industry a powerful, versatile computing platform that fuses HPC and AI to solve the world’s grand challenges.”

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated twenty three hundred dollars for news coverage of the current press releases issued by Gopher Protocol Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.


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SOURCE: MarketNewsUpdates.com

 

 

Why a Rising Number of Industries Are Embracing Blockchain Technology Well Beyond Crypocurrencies


Palm Beach – May 30, 2018 -  – Blockchain technology has applicability to many business areas including government, healthcare, education, manufacturing, energy and supply chain. Innovative Technology Companies continue to identify new uses for blockchain to deploy the technology in various industries. Blockchain technology enables developers to build software applications that deploy decentralized, immutable double-ledgers on networks that boast improved speed, security, and traceability to existing solutions. Disrupting startups and corporate behemoths will unleash a new wave of digital applications, products, and monetary infrastructure utilizing blockchain technology independent of cryptocurrencies. According to a recent report from Netscribes Inc., the global blockchain technology market is expected to grow at a compound annual growth rate (CAGR) of 42.8%, to reach USD 13.96 billion by 2022. Active Companies in the markets this week include: Tapinator, Inc. (OTC: TAPM), Global Blockchain Technologies Corp. (OTC: BLKCF) (TSX-V: BLOC), Marathon Patent Group Inc. (NASDAQ: MARA), Riot Blockchain Inc. (NASDAQ: RIOT), MGT Capital Investments Inc. (OTC: MGTI).

Tapinator, Inc. (OTCQB: TAPM) BREAKING NEWS: Tapinator, a leading developer and publisher of mobile games and decentralized apps (DApps) on the iOS, Google Play, Amazon, and Ethereum platforms, this year announced that it will be releasing BitPainting, a crypto-collectibles application for the global art market. A beta release of the platform was scheduled for this past April, and interested collectors may sign up for Beta Access at BitPainting.com.

Tapinator’s announcement is being made in conjunction with the Company’s participation at ETH Denver, a leading blockchain conference taking place on February 16th-18th in Denver Colorado. Ilya Nikolayev, CEO of Tapinator, will be participating on a conference panel entitled “Art and Games on the Blockchain.” Read this and more news for Tapinator at: http://www.marketnewsupdates.com/news/tapm.html 

“We are very excited to announce the upcoming launch of BitPainting, a new digital platform for collecting iconic art on the blockchain,” said Mr. Nikolayev. “The application is built on the Ethereum Platform and will rely on our proprietary smARTTM Contracts. We believe the $45 billion art market is ripe for disruption by blockchain technology through crypto-collectibles which will drive art sales via digital scarcity and will democratize fine art investment.

We believe Tapinator is well positioned to become a disruptor of the global art market through the BitPainting platform. We are excited to provide the market with further detail regarding the application as we get closer to our launch date,” concluded Nikolayev.

In other industry developments from around the markets:

Global Blockchain Technologies Corp. (OTC: BLKCF) (TSX-V: BLOC.V) recently announced it has completed its previously announced acquisition of Coinstream Mining Corp. by way of three-corner amalgamation. Under the terms of the definitive acquisition agreement, GBT will acquire 100% of Coinstream and assume all of its existing assets and underlying agreements at present, including: The Manitoba joint venture facilities totaling 50 MW of capacity, with 35 MW of capacity available immediately. GBT's subsidiary, Global Blockchain Technologies Corp., will supply cryptocurrency mining units on the basis of a 70/30 split in favour of GBT. The wholly-owned Mozambique facility totaling 25 MW of capacity, with 10 MW of capacity available immediately. The Mozambique facility will host GBT machines and/or seek joint ventures for the rapid procurement of cryptocurrency miners.

Marathon Patent Group Inc. (NASDAQ: MARA) recently announced it has purchased 1,400 of Bitmain’s Antminer S9 miners (“Antminer S9s”). The 1,400 Antminer S9s are expected to utilize an estimated 2.0 MW of power once fully deployed and add approximately 19 Ph/s of ASIC mining capacity. The Antminer S9s are able to mine any cryptocurrency using the SHA256 algorithm, including Bitcoin and Bitcoin Cash. These 1,400 miners are in addition to the previously announced 1,300 Antminer S9s purchased by Global Bit Ventures, Inc. (“GBV”) on January 12, 2018 and the 1,000 GPU mining servers which GBV already owns. Once fully deployed, the combined 2,700 Bitmain S9 miners are expected to produce approximately 33 Ph/s of ASIC mining capacity in addition to the 1,000 GPU mining servers owned by GBV which are capable of 250 Gh/s.

Riot Blockchain Inc. (NASDAQ: RIOT) recently announced that it has invested an additional CAD $3.4 million in one of its portfolio holdings, goNumerical Ltd (dba "Coinsquare"). The investment is part of a CAD $30 million financing at a CAD $430 million post-money valuation. This valuation for Coinsquare is over fifteen times the valuation from Riot Blockchain's initial investment in September 2017 . Riot Blockchain additionally exercised its previously acquired warrants at a CAD $94 million valuation, and now owns approximately 12.5% of Coinsquare after the latest investment. "Coinsquare continues its rapid growth and execution while positioning itself as the leading digital currency exchange in Canada ," commented John O'Rourke , Chairman and Chief Executive Officer of Riot Blockchain. "We believe that Coinsquare offers the most compelling platform to transact in digital currencies in Canada . They will play a key role in advising Riot Blockchain on its efforts to establish a transparent and compliant United States -based digital currency exchange.

MGT Capital Investments Inc. (OTCQB: MGTI) also recently announced it has executed a new purchase order with Bitmain Technologies for 1,000 S9 Antminer mining rigs, with shipment expected in March 2018. Also, the Company purchased and has received an additional 1,000 new S9 Antminers from a third party. Following shipment and setup, and in conjunction with the Company's current rigs in operation or undergoing deployment, MGT's cryptocurrency mining operations will be comprised of over 7,000 Bitmain S9's plus 50 GPU-based Ethereum miners. The Company expects all rigs announced to date to be operating by the end of the first quarter of 2018, at which point the machines are expected to generate nearly 100 Ph/s of total hash power.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated fortyfour hundred dollars for news coverage of the current press release issued by Tapinator, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.


Contact Information:
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SOURCE MarketNewsUpdates.com

 

 

Investment in Artificial Intelligence (AI) Technology Projected to Triple by 2020 With Market Value of $1.2 Trillion


Palm Beach – May 10, 2018 -  – The artificial intelligence (AI) market is projected to continue experiencing significant growth through 2020, with venture capitalists and tech companies investment in the sector tripling according to Forrester Research. With this growth, it is projected the market value is projected to be $1.2 trillion annually by 2020 with Global GDP annual growth rate of 3.5%. Technological advancements will enhance cognitive learning capabilities and innovators in the space will continue developing cutting-edge solutions, including various applications for mesh technologies not limited to the Internet of Things (IoT) and evolved tracking devices. Additionally, it should be noted that AI has capabilities to benefit every industry in some form or fashion as big data and advanced analytics become more prevalent in strategic planning. The AI and IoT markets continue to grow rapidly across many verticals while creating a rising demand for high-performance technology and services. Active companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), Pure Storage Inc. (NYSE:PSTG), NVIDIA Corporation (NASDAQ:NVDA), Twilio, Inc. (NYSE:TWLO), NetApp, Inc. (NASDAQ:NTAP).

Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Gopher Protocol, a technology company which specializes in the creation of Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technologies, announced that its licensed patent, which it holds as an exclusive licensee from Dr. Danny Rittman (“The patent”), was “allowed” by the US Patent and Trademark Office on May 2, 2018 covers tracking devices, systems and methods using patches with embedded electronic circuits.

This patent describes an electronic tracking device system that is contained entirely on a “sticky patch” package, called The Guardian Patch. The “allowed” status indicates that the IP is now protected and it will be assigned a patent within approximately three to six months.

The Guardian Patch is a communications device that is self-adhesive and can be affixed to any object in order to track it anywhere on the planet. The Guardian Patch, when incorporated into a network, can track an object’s movements, in
real time, at any location in the world, indoors, outdoors and underground.

The electronic system includes a network connection for communicating with other, similar systems in a mesh network using radio spectrum, computers, and mobile devices, including the Internet. The electronic circuit within the patch
transmits signals to enable tracking anywhere on Earth – with or without GPS services. The system can store the affixed object’s details for identification purposes on mobile tracking apps. The system includes its own power source that is expected to last one year.

Gopher is concurrently deploying the technology into the Guardian Orb Product as a “proof of concept” that the proprietary technology can be commercialized. The Company intends to integrate improvements and lessons learned through the deployment of the Orb into the Patch and will then seek commercial deployment. Read this and more news for GOPH at http://www.marketnewsupdates.com/news/goph.html 

Other tech developments in the market of note include:

Wikibon Research recently called attention to Pure Storage Inc. (NYSE:PSTG), a well-established provider of all-flash storage platforms, who launched an important new product this week. In partnership with NVIDIA Corporation (NASDAQ:NVDA), Pure Storage announced AIRI, which is an integrated hardware/software platform for distributed training and other compute- and storage-intensive AI workloads. Available now through selected Pure Storage reseller partners. the new product, whose name stands for “AI-Ready Infrastructure,” is purpose-built for a wide range of AI pipeline workloads, ranging from upfront data ingest and preparation all the way through modeling, training, and operationalization.

Twilio, Inc. (NYSE:TWLO), the leading cloud communications platform, in late April announced support for LINE within Twilio, making it possible for global developers to use one platform to reach customers on virtually any messaging channel. With the addition of LINE to Twilio Channels, developers and businesses can leverage one of the most popular messaging channels in Japan, Taiwan, Thailand and Indonesia to better serve customers in these regions. In addition to messaging, LINE provides content rich communications including native support for sharing images, audio and video files and interactive content types like menus, surveys and suggested responses. By using the Twilio platform to integrate LINE into their applications, developers have a uniform interface to take advantage of these rich capabilities and enhance the customer experience. LINE is the most recent messaging channel to be supported by the Twilio platform in addition to SMS, MMS, RCS, Facebook Messenger and more.

NetApp, Inc. (NASDAQ:NTAP), yesterday announced NetApp® Cloud Volumes for Google Cloud Platform. NetApp Cloud Volumes offers customers a fully-managed, cloud-native file storage service that’s integrated with Google Cloud Platform (GCP). This release is the first step in a partnership that combines the reach of NetApp’s world-class data services, backed by hundreds of thousands of customers, with Google Cloud’s leadership in application development, analytics and machine learning. In addition, NetApp introduced a high performance, cloud-connected flash system to power artificial intelligence (AI) and compute-intensive applications, as well as innovative new software to ensure superior cloud-architected infrastructure for data retention compliance. The company unveiled these innovations at its new Data Visionary Center, an immersive executive briefing center experience.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated twenty three hundred dollars for news coverage of the current press releases issued by Gopher Protocol Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.


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SOURCE: MarketNewsUpdates.com
 

 

 

Lithium Demand Showing No Signs of Slowing as Mining Efforts Increase


Palm Beach – May 9, 2018 -  The global lithium market continues to be one of the more active industries across the board as increasing attention in lithium and cobalt explode behind rising demand and impressive mining operations and results. Venture capitalists have turned their focus towards the lithium industry of late and have been placing enormous bets the demand will continue for lithium-ion (Li-ion) batteries. These high-tech batteries are capable of powering everything from smart phones and power tools to electric vehicles. Demand for lithium is certain to surge as vehicles become greener, new devices flourish and electricity becomes cleaner. Unabated demand and material shortages have driven up prices and sparked a global quest for mining of lithium. According to a study completed by Variant Market Research, the global lithium market is projected to reach $56 billion within six years, illustrating a CAGR of more than 10%. INN Daily reported the global lithium demand is projected to triple by 2025 as electronic vehicles become more prevalent and mainstream. Long story short, lithium is poised to remain an ultra-high-demand resource for decades to come. Active companies in the mining markets today include: QMC Quantum Minerals Corp. (TSX-V:QMC) (OTC:QMCQF), Standard Lithium Ltd. (TSX-V:SLL) (OTC:STLHF), Advantage Lithium Corp. (TSX-V:AAL) (OTC:AVLIF), MGX Minerals Inc. (CSE:XMG) (OTC:MGXMF), Albemarle Corp. (NYSE:ALB).

QMC Quantum Minerals Corp. (TSX-V:QMC) (OTC:QMCQF) BREAKING NEWS: QMC is pleased to disseminate the historical assay results reported (Manitoba AR #94932) by the Lithium Corporation of Canada (“LCOC”). These historical assays were obtained during LCOC’s 1956 channel sampling of the Irgon Dike where it is exposed underground in crosscuts on the 200-foot level. The Irgon Dike is located at the company’s 100% owned Irgon Lithium Mine Project,
within the prolific Cat Lake-Winnipeg River Pegmatite Field of S.E. Manitoba which also hosts the nearby TANCO rare-element pegmatite.

The underground workings can be viewed in the 3-D model released by QMC on March 28, 2018, which demonstrates that, to date, exploration and underground development has been only undertaken on the upper and central portions of dike leaving significant potential to quickly increase tonnage as the Irgon Dike is open both along strike and to depth. The 2017 channel sample locations and surface exposure of the dike are also indicated on the model.


As reported in the LCOC Assessment Report, during the period of 1955-1956 underground development was established on the Irgon Dike to confirm both the mineralization at depth and the currently non-NI43-101 compliant ore reserves (1.2M tons @1.51% Li2O) calculated by LCOC from the historic drilling. This drifting was accessed via the vertical 3-compartment production shaft that was sunk to a depth of 241 feet by the Lithium Corporation of Canada. Off the 200-foot level of the shaft, 1,120 feet of drifting parallel to the dike was excavated with seven crosscuts (361 feet) cutting back through the Irgon Dike. During this development, the dike was channel sampled across these seven crosscuts with Li2O assays of the crosscut channel samples performed by the Department of Mines, Ottawa. Results of this sampling program are shown in Table 1 seen by clicking the link below. The underground workings are currently inaccessible as they are flooded and the shaft was capped by a cement slab in 1956. The LCOC’s geologic map of the underground workings and accompanying assay results are posted on the QMC website (https://qmcminerals.com).

See a table of Historic Results of LCOC’s 1956 Underground Channel Sampling of the Irgon Dike on the 200 Foot Level Crosscuts and read more news for QMC Quantum Minerals at http://www.marketnewsupdates.com/news/qmc.html 

In other Lithium mining industry news and developments:

Standard Lithium Ltd. (TSX-V:SLL.V) (OTCQX:STLHF) recently announced that Hasbrouck Geophysics Inc. has successfully completed a large-scale gravity geophysical survey at the Company`s Cadiz Dry Lake Project, in the Mojave area of California. The Cadiz Dry Lake Property is located approximately 20 km southeast of the Company`s Bristol Dry Lake Property and is currently permitted for brine extraction and processing activities. The work has defined an infilled basin with a maximum depth of just over 700 m beneath the Project area. Dr. Andy Robinson, COO and President of Standard Lithium commented: "The results from this high quality geophysical survey are very encouraging. This work has defined a closed basin with infill deposits that are known to host lithium brines, based on preliminary sampling of extraction wells operated by the permitted producer. Standard Lithium`s excellent relationship with the Project`s permitted operator will allow for further exploration of the deeper basin infill deposits under the existing permitted brine operations. This successful and rapid acquisition of high quality gravity survey data from our Cadiz Dry Lake Project will be used to plan additional resource assessment work at Cadiz for the remainder of 2018."

Advantage Lithium Corp. (TSX-V:AAL.V) (OTCQX:AVLIF) recently announced it has engaged WorleyParsons Chile S.A. (WP) to complete a Preliminary Economic Assessment (PEA) on its flagship Cauchari Project in Jujuy, Argentina based on phase II results with an expected increase to its resource base which will be released this month. The PEA scope includes a standalone plant in the range 15 -20 Ktpa final lithium product and is scheduled for completion in July 2018. In addition, to move rapidly to an extraction resource and advance through to Definitive Feasibility Study (DFS) completion, Advantage Lithium also announces it has contracted an internationally recognised drilling company with experience in deep drilling in the Puna region and has initiated its 2000m Phase III drill program. This program has been designed to define the resource limits of the Cauchari salar with drilling equipment capable of reaching depths of greater than 600m.

MGX Minerals Inc. (CSE:XMG.CN) (OTCQB:MGXMF) on Tuesday announced it has acquired an additional 10,331.32 acres of Oil and Gas Leases ("Leases") located within the Company's unitized 80,380-acre Blueberry Unit ("Blueberry Unit"). The newly acquired leases are located within the proposed 3D seismic geophysical survey area, which is scheduled to commence in August and will include approximately 9,000 data points. The Blueberry unit (oil, gas and lithium) and Lisbon Valley claims (lithium) now consist of approximately 115,000 acres of oil and gas leases and 118,000 acres of largely overlying and contiguous mineral claims. Brine content within the Lisbon Valley oil field have been historically reported as high as 730 parts per million lithium (Superior Oil 88-21P). To date the Company has conducted a paleontology survey and is nearing completion of the archeological survey. Under terms of the Purchase and Sale Agreement (the "Agreement"), MGX has the option to earn a Net Revenue Interest ("NRI") on 9,158.4 gross/net acres within the Company's area of mutual interest.

Among the world’s major lithium producers, Albemarle Corp. (NYSE:ALB) is the largest and derives nearly 39 percent of its total revenue from lithium sales. Long a global leader in the specialty chemical business, Albemarle’s lithium business segment mines lithium and converts it into different forms along the value chain, such as lithium carbonate and lithium hydroxide, or value-added specialties such as butyl lithium and lithium aluminum hydride. Many believe Albemarle won't have any problem increasing lithium production for the foreseeable future. It has developed a new extraction technology that can double lithium production from its assets in Chile -- where the majority of its output originates -- with minimal changes to the overall process.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty-five hundred dollars for news coverage of the current press release issued by QMC Quantum Minerals Corp. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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SOURCE MarketNewsUpdates.com

 

 

Soaring Demand for Lithium Fuels Exploration and Production Race


New York NY – May 8, 2018 -  A January report from Zion Market Research projects the global lithium-ion battery market, worth around $31 billion in 2016 and dominated by Asia-Pacific producers such as China, is on track to grow at a CAGR of 13.7 percent through 2022, ballooning to over $67.6 billion (http://nnw.fm/9gEz3). Australia, Chile, Argentina and China are responsible for the lion’s share of global lithium production (around 93 percent) — about half of which is currently consumed by battery production. Prices per ton for the two main types of lithium (hydroxide and carbonate) have jumped from around $6,500 in 2015 to recent highs of more than $20,000. UBS Securities also recently projected that lithium demand will continue to stay high through 2024 (http://nnw.fm/GCfv9), citing primary drivers such as the burgeoning EV (electric vehicle) market, which is projected to grow at a whopping 28.3 percent through 2026 (http://nnw.fm/T80kH). All of this is extremely bullish news for lithium producers, whether we are talking relatively small up-and-comers such as British Columbia-based QMC Quantum Minerals Corp. (TSX-V: QMC) (FSE: 3LQ) (OTC: QMCQF)  and Nemaska Lithium, Inc. (TSX: NMX) (OTC: NMKEF), or sector heavyweights such as Chile’s Sociedad Química y Minera de Chile S.A.  (NYSE: SQM), Albemarle Corporation (NYSE: ALB) and FMC Corporation (NYSE: FMC). 

Cleaner Cars Require Much More Lithium 

Bloomberg New Energy Finance analysis of the EV market shows production will increase more than thirtyfold by 2030 and relays Deutsche Bank estimates that there are enough lithium reserves in the ground to last us another 185 years (http://nnw.fm/rm7qC). With developments on the horizon such as lithium-ion batteries that could store a third more energy using a lithium metal electrode instead of graphite, the race to develop lithium resources is officially on for a world increasingly concerned about the cleanliness of the energy it consumes. 

Recent flap from Morgan Stanley about a potential oversupply of lithium fails to accurately account for both the insatiable demand and the rate of supply throughput to end markets (http://nnw.fm/alG3C). SQM cited a 17 percent jump last year in demand and estimated a 20 percent uptick this year in its annual report. More importantly, not all lithium projects with a suitable grade are necessarily economical, and an oversupply of mined product is not the same thing as having an abundance of high-quality processed lithium that is ready to be used in batteries. Producers that can systematically increase output are in a prime position to make the most of this historic opportunity, especially as increasingly cheap-to-produce batteries eat up more and more of the market, eventually representing some 90 percent of all lithium consumption by the mid 2020s. That trend has put internal combustion engine vehicles on notice, with estimates that by 2022 EVs will actually become cheaper than gas guzzlers (http://nnw.fm/v8Ndw) and even outsell them by 2040 (http://nnw.fm/hfYA2).  

Unprecedented Lithium Demand Drives Expansion 

Underlying demand fundamentals are an important factor for QMC Quantum Minerals Corp. (TSX-V: QMC) (FSE: 3LQ) (OTC: QMCQF)  which recently expanded its 100 percent-owned Irgon Lithium Mine Project in Manitoba by nearly fourfold to some 6,538 acres in the heart of this mining-friendly province (http://nnw.fm/otSf2). Manitoba is currently well on its way to becoming Canada’s most improved province and was ranked the second most attractive global jurisdiction for mining investment in 2016 by Fraser Institute (http://nnw.fm/qfQz4). The Irgon Lithium Mine Project site benefits from superb access and the well-developed mining infrastructure that Manitoba has to offer.  

Quantum Minerals subsequently followed up on its channel sampling program of late last year (http://nnw.fm/yU7Gb) and the considerable acreage expansion at Irgon with some impressive exploration finds. These finds included a number of newly identified pegmatite dikes that kicked up some tantalizing trends via initial field evaluation by onsite geological teams, including one trend running approximately 410 feet along strike, with an exposed surface width ranging from 6.5 to 16.4 feet (http://nnw.fm/WHp6y; http://nnw.fm/M5H8w). Subsequent grab sample assay results confirmed that the dikes, located south of the main Irgon dike, do, indeed, bear considerable lithium mineralization, with one return coming back at an impressive 2.6 percent Li2O (lithium oxide).  

Quantum a Near-Term Producer with ‘Good Dirt’ 

Having been cleared by Manitoba’s Sustainable Development Office with a drill permit in March, Quantum Minerals may be well-situated for its 2018 field season. Plans are in the offing for a 6,561-foot drilling program designed to validate the historic resource estimate from the 1950s, which showed 1.2 million tons of Li2O at 1.51 percent over 1,198 feet to a depth of 700 feet. The 2018 field program will also test for extension(s) to the main dike below 700 feet. 

Quantum Minerals will be bucking hard this year to update markets with a thorough, NI 43-101-compliant resource estimate for the project, which historically yielded an 87 percent recovery rate averaging 5.9 percent Li2O concentrate during the historical 1950s-era work program. That same work program also saw installation of a complete 500 tons per day mining plant and the sinking of a 243-foot, three-compartment shaft, including 1,200 feet of lateral extensions from which six crosscuts transected the main dike.  

Full results of the late 2017 program that yielded 144 channel samples across the width of the main dike comfortably exceed historic estimates. One interval even showed 1.43 percent Li2O over 59 feet, including a sweet spot of 1.73 percent over 46 feet. Numerous grades from 3.05 to 4.31 percent Li2O over 3.28-foot intervals were also reported, and 41.1 percent of pegmatite assays exhibited returned over 1 percent Li2O. There were also significant grades identified of tantalum (310 ppm), niobium (275 ppm), rubidium (2,961 ppm), cesium (567 ppm) and beryllium (325 ppm), further enhancing the Irgon project’s overall economics.  

Big Aces Up Quantum’s Sleeve 

Previous lithogeochemical survey work at Irgon looking for tantalum and tin that was done on the dikes south of Cat Lake by Tantalum Mining Corporation of Canada (“TANCO”) in the late 1970s has given Quantum Minerals one particularly choice data point to follow up on during the company’s 2018 field program. A 3,609-foot anomaly, which is 328 feet wide on the east end and nearly 1,150 feet wide on the west end, was never assayed by TANCO for lithium due to a lack of demand for the metal at that time, even though the exploration report indicated it was a good idea to check it out (http://nnw.fm/Zu94n). This massive anomaly could be a big win for QMC Quantum Minerals, adding considerable value to an already impressive project, and the company looks eager to sink its teeth into what may be a heavily mineralized region. 

In addition to the extremely promising Irgon Lithium Mine Project, Quantum Minerals has roughly 57,000 acres, known as the Namew Lake District property, up in northwestern Manitoba’s world-class Flin Flon/Snow Lake VMS (volcanic massive sulfide) district. A 43-101 report released in 2013 — after the company’s 2012 drilling program and VTEM (versatile time domain electromagnetic) survey, which yielded 41 targets — recommended a work and exploration program to further delineate the 100 percent-owned project’s properties as an economic mineral resource. This project is proximal to Hudbay’s  currently producing copper, zinc, gold and silver bearing 777 Mine and is only 6.8 miles southwest of the Namew Lake mine that previously produced 2.57 million tonnes of copper, nickel, gold, silver, palladium and platinum. The Namew Lake District property has the potential to host several distinct VMS bodies and represents a potential ace in the hole for Quantum Minerals that investors should be aware of.  

Proposed Tariffs Could Be a Boon for North American Producers  

Recently proposed tariffs on lithium primary cells and batteries from China will most likely not impact the EV supply chain (http://nnw.fm/gT5NM). However, this turn of events will no doubt significantly boost the overall North American lithium market, lighting a fire under companies throughout the industry. Companies that either import or manufacture lithium-ion batteries, such as Johnson Controls, Exide Technologies and A123Systems, will have to start thinking about solutions closer to home. This is good news for North American lithium producers, who already have trouble maintaining production rates that keep up with skyrocketing demand.  

And while Morgan Stanley recently cited massive Chilean production expansions as potentially driving the price of lithium down 45 percent by 2021, the Trump administration’s move toward protectionism could substantially change market conditions, especially for companies such as Tesla, which uses 10,000 times more lithium for one Model S than there is in the average smartphone battery and which is currently in talks with Chile’s SQM to secure a steady supply of the white metal. China alone has set massive goals for plug-in hybrids and EVs, with quotas to this end coming online next year and plans to have such green vehicles make up one-fifth of all the country’s auto sales by 2025. 

Top Players Expanding Production Footprints 

Nemaska Lithium, Inc. (TSX: NMX) (OTCQX: NMKEF) is a good example of a company just north of the border with solid production capability on the table and plans for increased production. A recent feasibility study for Nemaska’s development-stage Whabouchi hard-rock lithium deposit in Quebec targets a 20 percent increase in capacity to 16,000 tonnes annually. The hybrid open-pit and underground mine will have a 33-year mine life based on proven and probable reserves of 24 million tonnes at 1.53 percent Li2O. Nemaska President and CEO Guy Bourassa seemed extremely bullish during a January conference call, during which he indicated the production expansion plans were a response to the company’s understanding of both the underlying demand fundamentals and extensive discussions with lithium-hungry customers around the globe (http://nnw.fm/b0e0V). 

Sociedad Química y Minera de Chile S.A  (NYSE: SQM), a fertilizer giant, a veritable Chilean institution, and one of the world’s biggest producers of lithium, recently announced a key agreement with the Chilean Economic Development Agency (Corfo) (http://nnw.fm/UQth3). The agreement ends a yearslong fight over SQM royalties and sets up the company, which is the lowest-cost producer of lithium from Chile’s sprawling Salar de Atacama salt flat, to more than double its lithium production by next year (http://nnw.fm/8Exb5). While SQM has said it will gauge further production expansion based on prevailing market conditions — likely due to the company’s share price drop after the Morgan Stanley report — 100,000 tonnes is less than half of what the world consumed annually two years ago. Furthermore, lithium demand is projected to grow substantially well into the 2020s, and the company’s share price has rebounded nicely since the Morgan Stanley selloff that impacted lithium producers earlier this year, retracing to well above SQM’s 52-week median. 

Albemarle Corporation (NYSE: ALB), a U.S.-based specialty chemicals company, is the world’s other top producer of lithium, after the company’s acquisition of Rockwood Holdings in 2014. The company amended its lithium production rights agreement with Corfo last year to expand production in Chile to 80,000 metric tons per year. Albemarle subsequently announced the development of a new technology that will allow the company to increase that figure to 125,000 metric tons per year without the need for additional brine pumping at the Salar de Atacama, triggering a new demand to Corfo for an additional lithium quota increase. 

FMC Corporation (NYSE: FMC) is the third-largest lithium producer behind SQM and ALB. The company announced earlier this year that it will expand production in Argentina over the next few years to more than 40,000 metric tons via a $300 million investment — a deal that further illustrates the current land race taking place among producers to lock in the best production sites around the globe.  

North and South America Are Development Hotspots 

North American lithium production represents some of the lowest jurisdictional risk to be found anywhere on earth and typically has well-developed infrastructure and site access. Nevertheless, an increasingly insatiable global demand for the so-called “white petroleum” has sent producers scrambling for acreage in Chile, Argentina and Bolivia, where there is an abundance of salt flat mineralization. Chile even recently announced plans to substantially revise mining codes and make the country even more competitive as an investment target. North or south, the story is the same: Smart producers can read the handwriting on the wall as the trend is to shift away from hydrocarbons toward lithium and other energy sources; these same producers are planting their flags on key acreage and ramping up production volume. 

For more information about Quantum Minerals, please visit QMC QMC Quantum Minerals Corp. (TSX-V: QMC) (FSE: 3LQ) (OTC: QMCQF)

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U.S. Oil and Gas Markets Surging on Geopolitical Risk Factors


Palm Beach, FL – (May 7, 2018) -- Oil and gas industry trends are being followed closely with eyes on rising commodity prices, costs and emerging technologies. Geopolitical risks are still at center stage as one of the key drivers of oil prices in recent months, often trumping fundamentals to send prices soaring on concerns about where the next sudden oil supply disruption could take place. With the geopolitical risk factor firmly reinstalled into the market, oil prices have risen to four-year highs. U.S. Oil and Gas production has been soaring to record heights, as many believe it is could be due to the fact that "U.S. crude oil production efficiency continues to improve. Active energy stocks in the markets include: Molori Energy Inc. (OTC:MOLOF) (TSX-V:MOL), California Resources Corporation (NYSE:CRC), Parsley Energy, Inc. (NYSE:PE), PDC Energy, Inc. (NASDAQ:PDCE), Murphy Oil Corporation (NYSE:MUR).

Molori Energy Inc. (OTCQB:MOLOF) (TSX-V:MOL.V) BREAKING NEWS: Molori announces today that the Company has signed an LOI (“Letter of Intent”) to purchase a 100% working interest of which Molori will be the operator of record in approximately 30,000 gross acres of land in conjunction with its Red Cave oil and gas development play in Moore County, Texas.

Upon closing, which is estimated to occur on or before June 30, 2018, Molori has agreed to pay USD $1,700,000 for a 100% working interest in existing oil and gas wells, salt water disposal wells, together with all interest in properties, facilities and equipment owned by Wolf Energy, LLC.

The approximately 30,000 acres in Moore County, Texas is held by production (HBP). The purchase includes 34 operated Red Cave wells, 1 salt water disposal well, 4 Red Cave wells that have not been fracked, along with 8 wells currently producing.

As a first priority in conjunction with the acquisition of the “Wolf” acreage, Molori has contracted an independent, third party technical report on Wolf’s “Baker 39” lease, which comprises 562 net acres of the 30,000 acres

The 16 existing Baker wells were drilled in the early 1990’s with initial production (IP’s) between 50-100 bopd per well. Furthermore, the Baker Lease is ready for production with a producing tank battery and good existing infrastructure.

Commented Molori CEO Joel Dumaresq, “This land acquisition announcement is the culmination of over a year of work in defining which Red Cave acreage we believe to be most prospective and assembling acreage. Our initial focus is upon the Baker 39 Lease which while only 562 acres of the overall 30,000 acres, provides infill drilling potential for as many as 55 wells upon 10-acre spacing. With 8 wells on this lease demonstrating historical IP’s of between 50 and 100 bopd, we are excited to commence the next phase of our development program.” Read this and more news for Molori Energy at: http://www.marketnewsupdates.com/news/molof.html 

Additional industry related developments from around the markets:

California Resources Corporation (NYSE:CRC), an independent California-based oil and gas exploration and production company, last Friday reported a net loss attributable to common stock (CRC net loss) of $2 million, or $0.05 per diluted share, for the first quarter of 2018. Adjusted net income1 for the first quarter of 2018 was $8 million, or $0.18 per diluted share. Adjusted EBITDAX1 for the first quarter of 2018 was $250 million and cash provided by operating activities was $200 million. Capital investments were $139 million. Todd A. Stevens, CRC's President and Chief Executive Officer, said, "With our midstream joint venture and recent transaction to consolidate our interest in our flagship Elk Hills field, CRC is off to a strong start in 2018. Supported by increasing cash flow and a clear runway to execute, we are well-positioned for a mid-cycle commodity price environment. Read the entire report at: https://finance.yahoo.com/news/california-resources-corporation-announces-first-201500321.html

Parsley Energy, Inc. (NYSE:PE) also announced financial and operating results for the quarter ended March 31, 2018 late last week. The Company has posted to its website a presentation that supplements the information in a release that can be found at: https://finance.yahoo.com/news/parsley-energy-announces-first-quarter-200500849.html. During the first quarter, the Company spud 43 and placed on production 41 gross operated horizontal wells. Parsley's working interest on wells placed on production was approximately 97%, with an average completed lateral length of approximately 9,100 feet. Completion activity was nearly evenly distributed between the Midland Basin and the Delaware Basin, where the Company placed on production 20 and 21 gross operated horizontal wells, respectively.

PDC Energy, Inc. (NASDAQ:PDCE) announced last week that production for the first quarter 2018 was 8.9 MMBoe, or approximately 99,000 Boe per day, an increase of 34 percent from the first quarter of 2017. Oil production of 3.8 MMBbls in the first quarter of 2018 represents 43 percent of total production and was an increase of 51 percent compared to first quarter of 2017 volumes and two percent from the fourth quarter of 2017. The Company's capital investment in the development of oil and natural gas properties and other capital expenditures, before the change in accounts payable, was approximately $250 million in the quarter and includes several Wattenberg wells being turned-in-line approximately two weeks ahead of schedule.

Murphy Oil Corporation (NYSE:MUR) also last week announced its financial and operating results for the first quarter ended March 31, 2018, including income from continuing operations of $169 million, or $0.97 per diluted share. Murphy recorded income from continuing operations of $169 million, or $0.97 per diluted share, for the first quarter 2018. The company reported adjusted income, which excludes both the results of discontinued operations and certain other items that affect comparability of results between periods, of $40 million, or $0.23 per diluted share. The adjusted income excludes the following items: after-tax gain of $120 million associated with 2017 U.S. tax reform and a $12 million after-tax gain on foreign exchange, partially offset by a mark-to-market after-tax loss on crude oil derivative contracts of $11 million. Read more at: https://finance.yahoo.com/news/murphy-oil-corporation-announces-first-211000226.html

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated twenty three hundred dollars for news coverage of the current press release issued above by Molori Energy Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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Cobalt Demand Forecast Holds Steady Fueled by Batteries and Electronic Products Advancements


Palm Beach, FL – (April 25, 2018) -- Cobalt continues to be one of the more prominent precious metals due to the increased global demand for the element. The once little-known element cobalt is not only facing a growing demand but is rapidly rising in price, and some warn shortages could hit the metal in the future. Demand is mounting at a significant rate because of technological advancements that require cobalt for energy powering and efficiency. According to Darton Commodities, demand for cobalt is projected to rise 40% throughout 2018 behind the increasing number of electric vehicles in production. As companies like Tesla continue to produce mid-level vehicles like its Model 3, demand in countries like the United States is only expected to rise. With all of this in mind, leaders in the cobalt market are aiming to stay ahead of the competition through advanced drilling methods to enhance their mining efforts. Active mining stocks in the markets include: Pacific Rim Cobalt Corp. (CSE: BOLT) (OTC: PCRCF), Rio Tinto plc (NYSE:RIO), Katanga Mining Limited (TSX:KAT) (OTC:KATFF), Katanga Mining Limited (TSX:KAT) (OTC:KATFF), Fortune Minerals Limited (TSX:FT) (OTC:FTMDF).

Pacific Rim Cobalt Corp. (CSE: BOLT.CN) (OTCQB: PCRCF) BREAKING NEWS: Pacific Rim Cobalt, a resource company with assets located proximal to the world’s largest cobalt market, today announced the mobilization of two drill rigs to commence a detailed exploration program at its 5,000 hectare TNM project, Papua Province, Indonesia.

As previously announced, all required exploration and environmental permits have been secured, which allow the Company to immediately commence an exploration program including mapping, surface sampling, and drilling at the TNM project. Additionally, over the last 90 days, Company representatives have conducted extensive community consultation with local stakeholders as well as regional government officials, resulting in overwhelming support for the Company’s plan to advance the project.

Drilling will consist of shallow holes averaging 35 meters vertical depth, which based on historical information is sufficient to intersect both the upper, cobalt enriched limonite zone as well as the lower saprolite zone. Historical operators drilled to average depths of 7 meters and reported not to have intersected the full laterite profile with elevated cobalt and nickel occurring at the bottom of the holes. The TNM project was extensively explored by previous operators with a focus on nickel mineralization during which time they completed 856 drill holes and 26 test pits. Pacific Rim Cobalt’s efforts will focus both on the five historically identified and drill-tested prospects as well as four previously un-drilled prospects.

The exploration program will include additional surface mapping, hand auger drilling and sampling of the cobalt and nickel mineralized zones. Mapping will include detailed drone-operated topographic and photographic surveys as control for current and future exploration activities. Onsite facilities are being constructed which will house a general field office and laboratory for initial study and preparation of drill core samples prior to transit for independent assay in Jakarta.

A Historical Estimate, which dates from before the requirement for uniform regulatory compliance and therefore fails to meet the current standards of National Instrument 43-101, is being referenced as a guide for Pacific Rim Cobalt’s 2018 work program. This early data employed measurements still in use today and indicates mineralization from surface with an estimated potential of 37 million tonnes of 0.11% cobalt and 1.31% nickel at a 0.8% nickel cut-off grade. The Company intends to validate the resource, and where possible, expand upon the Historical Estimate, as only 5 of the 9 known cobalt/nickel occurrences were the subject of the historic studies. For clarity, and to provide reference to the transparency and integrity of the research in question, please see the attached footnote regarding the Historical Estimate. The Company affirms this data in no way implies an estimated resource valuation but is offered as a basis for its current exploratory efforts and approach.. Read this and more news for Pacific Rim Cobalt at: http://www.marketnewsupdates.com/news/bolt.html 

Additional industry related developments from around the markets:

Rio Tinto plc (NYSE:RIO), through research by Boston’s Massachusetts Institute of Technology (MIT), has detailed the metals that are expected to be the most impacted by new technology. According to a graph included in a Rio presentation, tin is predicted by MIT to be the metal that will be most affected by technology, followed by lithium, cobalt, silver, nickel and gold. The technologies that are expected to impact these metals include autonomous and electric vehicles, advanced robotics, renewable energy, and advanced computing and IT. Read more at: https://www.australianmining.com.au/news/metals-will-impacted-technology/

Katanga Mining Limited (TSX:KAT.TO) (OTC:KATFF) recently announced that its joint venture partner, the Democratic Republic of Congo ("DRC") state-owned La Générale des Carrières et des Mines ("Gécamines"), in the Company's 75% DRC operating subsidiary Kamoto Copper Company ("KCC"), has commenced legal proceedings in DRC to dissolve KCC following KCC's failure to address its previously disclosed capital deficiency or, alternatively, if the Court provides KCC with a period of time within which to regularize the situation, to request the appointment of an expert to assess and report to the Court on KCC's financial position and the recapitalization plan. A court hearing is scheduled to be held in the DRC on May 8 th, 2018. The court may grant KCC a maximum period of six (6) months to regularize the situation. The Company believes that it has several options to remedy KCC's capital deficiency and avoid KCC's dissolution.

International Cobalt Corp. (CSE:CO.CN) (OTC:COBAF) recently announced that its wholly owned subsidiary, American Cobalt Corp. (“American Cobalt”) has entered into two option agreements (the “Option Agreements”) with Supreme Metals Corp. to acquire up to an 80% interest in two cobalt projects which are comprised of the Foster Marshall Project and the Mount Thom Project (collectively known as the “FM Projects”). Pursuant to the Option Agreements, American Cobalt will have the option to earn an initial sixty percent (60%) interest in any of the FM Projects by making an initial payment of $87,500 and by funding exploration to reach an NI 43-101 compliant resource estimate within sixty (60) months of signing of the Option Agreements. American Cobalt will have the right to earn a further twenty percent (20%) interest and any of the FM Projects by completing a Preliminary Economic Assessment (PEA) within twenty-four (24) months of completing the initial resource estimate. Each of the FM Projects is subject to a 1.5% NSR in favor of a third party.

Fortune Minerals Limited (TSX:FT.TO) (OTCQX:FTMDF) recently announced an update of the financing for its 100% owned NICO Cobalt-Gold-Bismuth-Copper Project in Canada ("NICO Project"). The NICO Project is one of few new cobalt assets globally with the potential to be in production by the early 2020's and respond to the accelerating demand from transformative automotive electrification, portable electronic devices and stationary storage. Fortune has engaged Hatch Ltd. ("Hatch"), P&E Mining Consultants Inc. ("P&E") and Micon International Limited ("Micon") to update the National Instrument 43-101 technical report on the NICO Project Feasibility Study prepared in 2014 based on new design developments and improvements, current capital and operating costs, commodity prices and currency exchange rates, and the economies of scale of an approximate 30% increase in the mill throughput rate. As this study nears completion, Fortune has been advancing discussions with a number of parties to participate in a complete project finance solution to fund construction of the NICO Project.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty six hundred dollars for news coverage of the current press release issued above by Pacific Rim Cobalt Corp. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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Biotech Drug Production Pipeline Increasing Amid Buzz of Market Optimism


Palm Beach, FL – (April 24, 2018) -- Multiple areas within the global biotech industry are beginning to show signs of growth as technology advances behind advanced research and heightened levels of funding. A growing number of industry professionals are leaning towards the biotech sector is likely to improve as the year progresses. It is expected to see a surge in new product sales in sync with rising demand. This apart, a successful innovation and product line expansion, strong clinical study results, more frequent FDA approvals, consistently strong performance of key products, growing demand for drugs especially to address rare-to-treat diseases and an increased healthcare spending are some of the factors that should keep the sector on track this year. Possibly the top expansion expected and rising value is among cancer-drug developers as Biotech companies typically are considered one of Wall Street’s more aggressive sources of growth. Active companies in the markets today include: Moleculin Biotech, Inc. (NASDAQ: MBRX), Insmed Incorporated (NASDAQ: INSM), Ionis Pharmaceuticals Inc. (NASDAQ: IONS), Eleven Biotherapeutics Inc. (NASDAQ: EBIO), Valeant Pharmaceuticals Incorporated (NYSE: VRX).

Moleculin Biotech, Inc. (NASDAQ: MBRX) BREAKING NEWS: Moleculin Biotech, a clinical stage pharmaceutical company focused on the development of oncology drug candidates, all of which are based on license agreements with The University of Texas System on behalf of the M.D. Anderson Cancer Center, today announced that it has entered into an agreement to expand production capability for Annamycin.

Moleculin has engaged BSP Pharmaceuticals S.p.A. (www.bsppharmaceuticals.com) in Latina, Italy to begin preparations for commercial scale production of Annamycin drug product.

“With the Phase I/II clinical trial of Annamycin now under way, we are taking the necessary steps to prepare for the commercial scale production of Annamycin,” commented Walter Klemp, Chairman and CEO of Moleculin. “BSP has a solid track record for supplying liposomal formulations to large pharmaceutical companies and their capabilities are a good match for us. We believe this partnership will assist us to take Annamycin to the next level.”

Mr. Aldo Braca, CEO of BSP Pharmaceuticals, added, “We see the potential for Annamycin to become a game-changer in the acute leukemia space, so we are pleased to be working with Moleculin.” Read this and more news for Moleculin Biotech at: http://www.marketnewsupdates.com/news/mbrx.html 

In other pharma and biotech developments in the markets:

Insmed Incorporated (NASDAQ: INSM) recently announced it has submitted its New Drug Application (NDA) for ALIS (Amikacin Liposome Inhalation Suspension) to the U.S. Food and Drug Administration (FDA) for adult patients with Nontuberculous Mycobacterial (NTM) lung disease caused by Mycobacterium avium complex (MAC). “We are very excited to announce the completion of this important milestone which begins the formal process of review by the FDA of our application for approval of ALIS to treat patients living with NTM caused by MAC. There are currently no approved therapies in the U.S. to treat this disease. Our submission is supported by our pivotal Phase 3 INS-212 study conducted in subjects with refractory NTM lung disease, the completed Phase 2 study TR02-112, as well as an expanded safety database,” remarked Will Lewis, President and Chief Executive Officer of Insmed. “We look forward to continuing our conversations with the FDA during this process.”

Ionis Pharmaceuticals Inc. (NASDAQ: IONS) and Biogen (NASDAQ: BIIB) recently announced they have expanded their strategic collaboration through a new ten-year collaboration agreement to develop novel antisense drug candidates for a broad range of neurological diseases. This collaboration capitalizes on Biogen’s expertise in neuroscience research and drug development and Ionis’ leadership in RNA targeted therapies with the goal of developing a broad pipeline of investigational therapies. It builds upon a productive collaboration that produced SPINRAZA, the first and only approved treatment for patients with spinal muscular atrophy. Under the terms of the collaboration, Biogen will pay Ionis $1 billion in cash, which will include $625 million to purchase 11,501,153 shares of Ionis common stock at a price of $54.34 per share, at an approximately 25% cash premium, and a $375 million upfront payment. Biogen will have the option to license therapies arising out of this collaboration and will be responsible for their development and commercialization. In addition, Biogen may pay milestone payments, license fees and royalties on net sales.

Eleven Biotherapeutics Inc. (NASDAQ: EBIO) recently announced that preclinical data from the company’s novel, next-generation ADC program using an innovative deBouganin cytotoxic protein payload will be presented during two poster sessions at the 2018 American Association for Cancer Research Annual Meeting. The meeting is taking place April 14-18, 2018 in Chicago. “We have uniquely designed our deBouganin payload to address tumor indications that can only be reached through systemic delivery. Our data show that deBouganin exhibits certain advantages over first-generation ADCs, which use more conventional small molecule cytotoxins, with respect to cell killing power, including the ability to kill cancer stem cells, circumvent multi-drug resistance and avoid cross-resistance mechanisms,” said Gregory P. Adams, Ph.D., chief scientific officer of Eleven Biotherapeutics. “We are pleased to be presenting these promising data highlighting the potential activity and differentiation of our approach compared to first-generation ADCs.”

Valeant Pharmaceuticals Incorporated (NYSE: VRX) Developments: Bausch + Lomb, a leading global eye health company and wholly owned subsidiary of Valeant Pharmaceuticals International, recently announced that its ONE by ONE Recycling Program, the first contact lens recycling program of its kind, has recycled nearly 2.5 million used contact lenses, blister packs and top foils since the program launched in November 2016, diverting more than 14,000 pounds of waste from landfills —about the weight of a small aircraft.1 The program is made possible through a collaboration with TerraCycle®, a world leader in the collection and repurposing of hard-to-recycle post-consumer waste. "Previously, contact lenses and lens packaging materials were filtered out at standard recycling centers due to their small sizes. Since its initiation about 18 months ago, Bausch + Lomb's ONE by ONE Recycling Program has helped to divert more than 7 tons of waste from landfills across the United States by offering a convenient and free way for contact lens wearers to recycle their used materials," said Joseph C. Papa, chairman and CEO, Valeant.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty four hundred dollars for news coverage of the current press release issued by Moleculin Biotech, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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SOURCE MarketNewsUpdates.com
 

Gig Economy’s Rising Popularity Proving Unstoppable Value for Human Capital


Palm Beach, FL – (April 17, 2018) -- The gig economy remains a force on the global economic scene as the value of human capital continues to rise as a result of more and more companies and professionals in the industry develop innovative platforms, technologies and services to maximize earnings potential. In addition, thanks to the ever evolving blockchain technology being introduced into the gig economy, it’s now easier than ever to find freelance work. Blockchain is relatively new technology for the gig economy that acts as a collective verification system offering a huge degree of traceability, security, and speed. The overall gig economy has asserted itself as a multi-billion dollar industry as illustrated by the successes of companies including Uber, Postmates, and more. With this success and increasing innovation and capital in mind, companies are turning to the previously mentioned workforce management platforms to increase operating efficiency. Active stocks in the markets include: ShiftPixy, Inc. (NASDAQ: PIXY), GrubHub Inc. (NYSE: GRUB), Workday Inc. (NYSE: WDAY), Automatic Payment Processing Inc. (NASDAQ: ADP), Paychex Inc. (NASDAQ: PAYX).

ShiftPixy, Inc. (NASDAQ: PIXY) BREAKING NEWS: ShiftPixy, a disruptive workforce engagement platform provider, has welcomed delivery services company Zion Delivery Service as a client into its ecosystem to help streamline its recruiting and scheduling demands. By taking over employer status of Zion Delivery W-2 delivery drivers, ShiftPixy will empower Zion Delivery to scale and grow its work with Amazon Inc. (NASDAQ: AMZN) Logistics.

As Amazon and other logistics companies respond to the e-commerce delivery boom, they’ve partnered with local courier services to complete the “last mile delivery” to businesses and consumers. This growth has created a unique digital ecosystem where all parties rely on tech-driven solutions to increase efficiency and streamline communication. The ShiftPixy relationship enables Zion Delivery Service to become a leader in this space while showcasing the advantages of this employment model. Founded in 2004 and focusing on the Southern California market, Zion Delivery Service’s rapid growth is due to this increased demand and is now able to expand its footprint by tapping into ShiftPixy’s platform.

“As a 7-day-a-week operation, recruiting and retaining talent is critical in order to meet the demands of our partners and end customers,” said Jeremy Pippen, President of Zion Delivery Service. “ShiftPixy provides a sophisticated tech-driven recruiting and scheduling platform that will allow us to focus on developing our business in line with the growth of our international partners such as Amazon Logistics.”

Harnessing the Gig Economy concept, ShiftPixy matches employers seeking part-time employees or delivery drivers with qualified workers. Unlike others in the Gig Economy, ShiftPixy embraces employer status of the workforce, offering benefits and protections, all while handling administrative and compliance burdens for the operators. Read this and more news for ShiftPixy at: http://www.marketnewsupdates.com/news/pixy.html 

As the logistics industry continues to leverage sophisticated technology to scale and enhance efficiency, ShiftPixy is bringing that same mindset to revolutionize the sector’s employment model. ShiftPixy’s digital solution includes a private blockchain ledger to record and track critical human capital validation data, a sophisticated ‘micro-metering’ approach for financial and insurance transactions, and IBM’s Watson artificial intelligence engine to achieve a uniquely personal experience for workers and employers alike.

Additional industry related developments from around the markets:

GrubHub Inc. (NYSE: GRUB) closed Monday up slightly with trading over 900,000 shares by the market close and was also up slightly as well in afterhours trading. The company recently announced it has expanded its delivery capabilities to 34 more markets across 19 states. The expansion was completed throughout the first quarter of 2018 and is part of Grubhub's plan to grow its delivery network to reach more than 100 new markets this year. These cities join the more than 80 markets throughout the U.S. that already have Grubhub Delivery capabilities, which allow restaurants to offer their menus for delivery and provide diners with better restaurant choice and variety. Restaurants partnering with Grubhub for delivery include national and regional options like Buffalo Wild Wings, BJ's Restaurants & Brewhouse, Red Robin Gourmet Burgers and Brews, On the Border and The Cheesecake Factory® in many markets. As Yum! Brands' only national partner for ordering and delivery, Grubhub will also be adding KFC and Taco Bell locations to these markets across the country in the coming months.

Workday Inc. (NYSE: WDAY) closed up slightly on Monday with over 1.1 million shares traded by the market close. Last week, the company announced it is expanding its operations into Italy with the opening of a new office in Milan. Services partners that currently support existing local customers are ready to assist new Workday deployments in Italy. Workday started in 2005 with a clean sheet of paper in the cloud and a disruptive idea: to put people at the centre of enterprise software. Today, the company has more than 2,100 customers globally that have selected Workday for unique benefits including: A Commitment to Customer Satisfaction - Seventy percent of Workday`s rapidly-growing customer community-ranging from midsized businesses to Fortune 50 enterprises-are live. Because of this intensive focus on customer success, Workday has consistently achieved an industry-leading customer satisfaction rating over 95 percent, with a 98 percent customer satisfaction rating this year.

Automatic Payment Processing Inc. (NASDAQ: ADP) came to a close up 1.42% on Monday more than 1.6 million shares traded by the market close. The State of Illinois added 5,700 private sector jobs during the month of March, according to the ADP Regional Employment Report which is produced by ADP®, a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody's Analytics, Inc. Broadly distributed to the public each month, free of charge, the ADP Regional Employment Report measures the change in regional and state nonfarm private employment each month on a seasonally adjusted basis.

Paychex Inc. (NASDAQ: PAYX) closed Monday up at $62.24 with over 1 million shares traded on the day. According to a Paychex Small Business Survey conducted by Paychex, Inc., a leading provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services, 44 percent of small business owners feel repealing net neutrality rules that are currently in place will negatively impact their business website, and the same number, 44 percent, are not sure how the repeal will impact their business. Since 2015, net neutrality rules have required Internet service providers to enable the same level of access to all content applications regardless of the source. Providers could not favor or block particular products or websites based on online clout or level of brand awareness. As a result of the FCC's vote to repeal net neutrality, Internet service providers can now factor these website traits into speed and quality of service, potentially impacting user experience for visitors to a business's website. According to the Paychex survey, only 12 percent of small business owners think the decision to repeal net neutrality will positively impact their business. Additionally, 44 percent of respondents are not sure how the repeal will affect their business, perhaps underscoring a lack of understanding on the topic of net neutrality altogether.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty five hundred dollars for news coverage of the current press release issued above by ShiftPixy, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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Multi-Billion Dollar Digital Content Industry Swells As Consumer's Media Consumption Intensifies


Palm Beach, FL – (April 12, 2018) -- The global digital content industry continues to steadily grow as more consumers are getting their content digitally through streaming and the web, as opposed to traditional media forms. Worldwide, PwC expects entertainment and media revenue to rise from $1.8 trillion in 2016 to $2.2 trillion in 2021, representing a compound annual growth rate of 4.2%. For the U.S., revenue is projected to grow more slowly: increasing from $635 billion in 2016 to $759 billion by 2021, a CAGR of 3.6%. Two of the fastest-growing entertainment and media segments are VR and eSports, according to the PwC report. As previously mentioned, the main driver in this growth is changing habits of consumers, as more and more people are opting for digital mediums as opposed to traditional print and television media. Additionally, the enhanced streaming platforms are allowing industry leaders to develop global markets through distribution. Active companies today include: QYOU Media Inc. (TSX-V: QYOU) (OTC: QYOUF), Lions Gate Entertainment Corp. (NYSE: LGF.A), Twenty-First Century Fox Inc. (NASDAQ: FOXA), Viacom Inc. (NASDAQ: VIAB), The Walt Disney Company (NYSE: DIS).

QYOU Media Inc. (TSXV: QYOU.V) (OTC: QYOUF) BREAKING NEWS: QYOU Media, the world’s leading curator of premium ‘best-of-web’ video for multiscreen distribution, announced today it has partnered with WPT® Distribution USA to promote and distribute QYOU’s dedicated esports program Heads Up Daily (HUD). WPT, the premier name in internationally televised gaming and entertainment, will distribute HUD as part of its global push into the televised esports genre.

WPT’s partnership with QYOU is part of parent company Ourgame’s wider strategy to expand globally into the esports market, which includes building esports arenas via another subsidiary, Allied Esports. According to analyst firm Superdata, the esports industry will be worth more than $2 billion by 2020. The genre is particularly popular among millennial and generation-Z audiences, with under-35s making up 73 percent of all global esports fans. Esports’ boom in popularity has led to broadcasters from all over the world, including BT, FOX Sports, and Super Channel, expanding into the market.

The WPT agreement follows an earlier licensing partnership with Super Channel’s GINX Esports TV Canada. Launched in 2018, HUD is the destination for all things relating to esports and video game culture. Each episode of HUD includes an exciting lineup of guests – from esports professionals to game developers to popular streamers on YouTube and Twitch – to discuss tournament recaps, esports top plays, and all of the hot topics in the world of gaming.

“Esports has made a tremendous transformation from armchair activity to serious competitive discipline,” Johnny McMahon, VP of WPT Studios & Distribution, said. “It’s a hugely exciting genre with a longterm future, which is why WPT Distribution is focusing on it as its next major format. QYOU is a great partner to help us on this quest. Curating, customizing, and packaging short-form video content for millennial audiences is deeply embedded in their DNA and they have significant expertise in the esports space. We’re excited to add Heads Up Daily to our programming slate as we make serious strides towards our goal of growing another major global TV franchise.”

Curt Marvis, CEO and Co-founder of QYOU Media, commented: “As one of the most successful brands in televised gaming and entertainment, WPT Distribution is a fantastic licensing partner for us. The fact that their move into the esports space comes with the support of Ourgame and Allied Esports makes this deal a major development for the genre and places WPT Distribution in a perfect position to build a successful global brand with Heads Up Daily. We launched HUD earlier this year because esports is generating a high level of engagement from millennial and generation-Z audiences, and that keen interest is growing fast. We’re thrilled to be working with WPT Distribution and look forward to seeing Heads Up Daily become a flagship show for their new global esports franchise.” Read this and more news for QYOU Media at: http://www.marketnewsupdates.com/news/qyou.html 

In other industry news and developments:

Lions Gate Entertainment Corp. (NYSE: LGF-A) (NYSE: LGF-B) recently announced that it will kick off its international tour of "The Hunger Games in Concert" with a July 12th world premiere in Manchester, UK. The live music experience will feature a 60-piece orchestra performing the acclaimed The Hunger Games score from Grammy® Award-winning and Emmy® Award and multiple Academy Award®-nominated composer James Newton Howardand will accompany an HD screening of the first blockbuster film The Hunger Games. "The Hunger Games in Concert" follows on the heels of Lionsgate's highly successful "La La Land in Concert" world tour with over 100 performances in 25 countries to date. The Hunger Games franchise has already spawned four record-breaking films that grossed over $3 billion at the global box office, more than 80 million books translated into over 50 languages around the world, a mobile game and themed attractions in the Lionsgate Zone of the Motiongate theme park in Dubai. The tour will coincide with the 10th anniversary of the publication of the first book in author Suzanne Collins' wildly successful The Hunger Games trilogy this fall.

Twenty-First Century Fox Inc. (NASDAQ: FOXA) (NASDAQ:FOX) recently announced FOX News Radio (FNR) will debut Benson and Harf on Monday, May 7th. Based in FNR’s newly named Tony Snow Radio Studio in Washington, DC, Benson and Harf will focus on the latest headlines emanating from the nation’s capital. They will be joined each night by expert guests to discuss the news of the day and engage in powerful debate, providing fast-paced, thoughtful discourse on relevant stories pertaining to politics, media and culture. Benson joined FNC in 2013 and provides political commentary across FNC and FOX Business Network’s (FBN) daytime and primetime programming. Additionally, he serves as political editor of Townhall.com. In 2015, Benson was named to Forbes’ 2015 “30 under 30” Law & Policy list and in 2017, landed on Huff Post’s roster for the “25 top millennial broadcasters in American news and politics.”

Viacom Inc. (NASDAQ: VIAB) has asked CBS Corp (CBS.N) to sweeten its merger bid by about $2.8 billion, or almost a quarter more than CBS’s offer, three people familiar with the matter said, indicating the wide gap in the U.S. media companies’ price expectations. National Amusements Inc, the Redstone family company that controls CBS and Viacom, has pushed them to negotiate a merger by forming independent board committees. Viacom’s request shows how the companies have yet to make progress in their talks. In a letter to CBS last week, Viacom asked for 0.68 CBS shares for each Viacom class B share, the sources said. CBS had offered 0.55 of its shares for each Viacom class B share, sources have said. CBS is now considering its next steps in the deal negotiations, said the sources, who asked not to be identified because Viacom’s request is confidential.

The Walt Disney Company's (NYSE: DIS) ESPN+, the upcoming direct-to-consumer subscription streaming service from Disney Direct-to-Consumer and International in partnership with ESPN and featuring ESPN branded content, will launch on April 12 and offer fans a dynamic lineup of live sports, original content and an unmatched library of award-winning on-demand programming – all for a subscription price of $4.99 per month. ESPN+ will be an integrated part of a completely redesigned and reimagined ESPN App that will be the premier all-in-one digital sports platform for fans. ESPN+ will also be available through ESPN.com. The new ESPN App and ESPN+ showcase the culture of breakthrough innovation at ESPN and across The Walt Disney Company.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated twenty three hundred dollars for news coverage of the current press release issued by QYOU Media Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.


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Transdermal Drug Delivery Billion Dollar Market Rising Expectations in Resurgent Biotech Sector


Palm Beach, FL – (April 10, 2018) -- The transdermal drug delivery market is experiencing some of the most significant growth within the pharmaceutical industry, as MarketsandMarkets.com recently reported the market is expected to reach USD $125.88 Billion by 2021 from USD $92.40 Billion in 2016 at a CAGR of 6.4% during the period. North America was expected to dominate the global market recently, with the U.S. accounting for a major share of the regional market. High incidence of skin diseases (such as psoriasis, eczema, and skin cancer), increasing inclination of patients towards pain-free drug delivery, launch of new topical products, and increasing focus of prominent players on strengthening their presence in the North American market through acquisitions and expansions. With over one billion transdermal patches manufactured every year, the market is already of considerable size as the future growth is expected to continue to improve. Key players in the market include the typical pharmaceutical giants, but there are also strong companies of a smaller scale that are making noise through creative innovation. Active companies in the biotech and pharma markets today include: Nutriband Inc. (OTC: NTRB), Mylan N.V. (NASDAQ: MYL), Nektar Therapeutics (NASDAQ: NKTR), Therapix Biosciences Ltd. (NASDAQ: TRPX), Mallinckrodt Public Limited Company (NYSE: MNK).

Nutriband Inc. (OTC: NTRB) BREAKING NEWS: Nutriband is pleased to announce the acquisition of 4P Therapeutics Inc. on April 5, 2018. Nutriband has acquired 100% interest in 4P Therapeutics for a total of $1,900,000 payable in both company stock and cash. 4P Therapeutics will receive 250,000 shares of common stock and a cash amount of $400,000. Steven Damon, CEO of 4P Therapeutics, has been appointed to the Nutriband Inc. Board of Directors.

4P Therapeutics will now become the Pharmaceutical and Development arm of Nutriband Inc. with a specific focus on Transdermal and Topical Technologies, prescription drugs and clinical development. Included in the acquisition of 4P’s IP Portfolio is Defent™ abuse deterrent patch technology, an opioid abuse deterrent platform for the transdermal delivery of opioid-based medications. Defent™ lowers the risk of abuse and misuse, creating a safer treatment for patients.

Nutriband has also acquired 4P’s Exenatide transdermal delivery system, currently in Phase I clinical development. If successfully taken through Phase III and to commercialization, it will compete with injectable Exenatide such as Byetta® and Bydureon® by providing an injection free alternative for patients with type II diabetes.

A Full Pipeline of drugs and technology can be found on 4P’s website http://www.4ptherapeutics.com/.

4P Therapeutics is a private company focused on the research and development of novel drug delivery technologies and therapeutics. 4P develops products that meet the needs of patients, physicians and payers. The company has capabilities for developing pharmaceutical products ranging from pre-clinical testing to clinical manufacturing and early stage clinical development (Phase I/II). A key company focus and area of expertise is in the development of transdermal products for currently injected compounds, including proteins, peptides, macromolecules and biologics. Transdermal delivery of commercially available drugs or biologics that are typically delivered via injection has the potential to improve safety, efficacy and therapeutic outcomes associated with these treatments. Read this and more news for Nutriband at: http://www.marketnewsupdates.com/news/ntrb.html 

In other pharma and biotech developments in the markets:

Mylan N.V. (NASDAQ: MYL) recently announced that it will introduce in the U.S. a third cost-saving HIV combination. The U.S. Food and Drug Administration (FDA) approved Symfi™ (efavirenz, lamivudine and tenofovir disoproxil fumarate) 600 mg/300 mg/300 mg tablets, a once-daily, single-tablet regimen (STR), indicated as a complete regimen for the treatment of human immunodeficiency virus type 1 (HIV-1) infection in adult and pediatric patients weighing at least 40 kg. "As the largest supplier of antiretrovirals by volume in the world, Mylan has a longstanding commitment to expanding affordable access to treatments for people living with HIV," said Mylan CEO Heather Bresch. "As we continue to grow our U.S. portfolio of ARV products, now including Symfi Lo™, Symfi™, and Cimduo™, we are providing access to patients and empowering them to choose the lower-cost ARV treatment option that is right for them."

Nektar Therapeutics (NASDAQ: NKTR) last week announced that the waiting period has expired under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the previously-announced Strategic Collaboration Agreement between Nektar and Bristol-Myers Squibb Company is now effective. The global development and commercialization collaboration for Nektar's CD122-biased agonist, NKTR-214, was announced on February 14, 2018. Upon the collaboration agreement becoming effective on April 3, 2018, Bristol-Myers Squibb made a non-refundable upfront cash payment of $1.0 billion to Nektar. In addition, Bristol-Myers Squibb paid the purchase price of $850 million to Nektar for the sale and issuance by Nektar of 8,284,600 shares of its common stock to Bristol-Myers Squibb pursuant to a share purchase agreement entered into concurrently with the collaboration agreement.

Therapix Biosciences Ltd. (NASDAQ: TRPX) recently announced topline results from its investigator-initiated Phase IIa study at Yale University, suggesting that THX-110 [which is a combination of dronabinol (∆-9-tetrahydracannabinol) and palmitoylethanolamide (PEA)] significantly improved symptoms over time in adult Subjects with Tourette syndrome. "The successful completion of this study is a key milestone in our clinical development plan of our proprietary drug candidate THX-110 for the treatment of Tourette syndrome for which current available treatments are frequently inadequate or unsafe," said Adi Zuloff-Shani, Ph.D, Chief Technology Officer at Therapix. "Moreover, these results are of particular interest as the pharmacology of THX-110 appears to be distinct from existing medications for TS and may offer a unique option for treating these patients. This study was designed primarily to confirm safety, tolerability and feasibility in this challenging patient population and is encouraging that we obtained positive data that suggests that the combination of dronabinol (∆-9-tetrahydracannabinol) and palmitoylethanolamide (PEA) (THX-110) should be pursued as a treatment for TS patients," continued Dr. Zuloff-Shani.

Mallinckrodt Public Limited Company (NYSE: MNK) announced in March it had closed the sale of RECOTHROM® Thrombin topical (Recombinant) and PREVELEAK® Surgical Sealant to Baxter International Inc. (NYSE: BAX). "This action further illustrates the strategic evolution of our portfolio, and will free resources for investing in treatments for seriously ill infants and adults," said Mark Trudeau, President and Chief Executive Officer of Mallinckrodt. "We believe these products are an excellent fit for Baxter, and this transaction is the best solution to meet patient needs." The approximately $185 million transaction consists of a base payment of $153 million, inclusive of existing inventory and subject to a closing inventory adjustment, and the remainder in potential future milestones. Baxter will assume other expenses, including contingent liabilities associated with PREVELEAK.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated twenty three hundred dollars for news coverage of the current press release issued by Nutriband Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.


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Growing Number of Industries Harnessing the Power of Artificial Intelligence (AI) Technologies


Palm Beach, FL – (March 27, 2018) -- Over the past few years there has been dramatic rise in the use of data, analytics, and most recently, artificial intelligence (AI). With AI rapidly moving into the daily operations of a rising number of uses and enterprises, the disruption to human capital and the labor workforce of tomorrow is inevitable. What’s more, this change mostly likely will be amplified by innovation and commoditization that AI brings as it enters every aspect of the modern workplace. Modern industry stands on a precipice between platforms and automation. Uber, Lyft, Gigster, Deliveroo, and the multitudes of other platforms are still heavily dependent on human labor, but all are aggressively investing in artificial intelligence to automate processes and decrease risk in business operations. Today’s artificial intelligence (AI) enables faster and more profound progress in nearly every field of human endeavor and it is essential to enabling the digital transformation that is at the heart of global economic development for companies such as: Active stocks in the markets include: ShiftPixy, Inc. (NASDAQ: PIXY), Accenture plc (NYSE: ACN), Nvidia Corporation (NASDAQ: NVDA), International Business Machines Corporation (NYSE: IBM), Amazon Inc. (NASDAQ: AMZN).

ShiftPixy, Inc. (NASDAQ: PIXY) BREAKING NEWS: ShiftPixy, a disruptive workforce engagement platform provider, has leveraged the powerful Watson’s artificial intelligence engine across its platform to achieve an active and personal user experience. ShiftPixy’s current mobile gateway app uses Watson to power its entire employee enrollment process.

ShiftPixy CEO Scott Absher stated, “Our new employees no longer have to fill out the burdensome pile of required new employee paperwork. By leveraging Watson’s artificial intelligence capabilities, new hires are guided by a conversation with our chatbot ‘Pixy’ who asks the necessary questions and generates the required employment documents in a highly personal and engaging way.”

ShiftPixy’s cutting-edge mobile onboarding process gives the Company the ability to onboard its fast-growing employee population base much faster and more efficiently than ever before. Absher continued, “The way ShiftPixy is leveraging AI is in line with our other sophisticated technology offerings because it’s an essential tool to keep pace with our rapid growth while continuing to disrupt the traditional employment model. Through the AI-enabled ‘Pixy’ serving as a ‘coach’ or ‘personal trainer’ for onboarding, we’re creating a solution that not only streamlines and scales the entire process but brings a uniquely personal touch for new hires.”

This announcement comes on the heels of ShiftPixy announcing its use of blockchain technology to record and track critical human capital validation data as well as leveraging a sophisticated ‘micro-metering’ approach to financial and insurance transactions. Read this and more news for ShiftPixy at: http://www.marketnewsupdates.com/news/pixy.html 

To discover the power of ShiftPixy’s self-delivery platform for your restaurant please select one of our convenient webinar timeslots at: https://www.shiftpixy.com/webinars/  Or call at 888-798-9200 to register.

Additional industry related developments from around the markets:

Accenture plc (NYSE: ACN) has been recognized by independent analyst firm Gartner, Inc. as a Leader in the “Magic Quadrant for Data and Analytics Service Providers, Worldwide1.” Accenture is positioned furthest on the “completeness of vision” axis. The company was also evaluated for its ability to execute. According to Gartner, “data and analytics leaders are pivotal in delivering strategic insights for digital business, and service providers are shifting gear to support them through a growing set of services and solutions.” “To us, this recognition is a testament to the strength and capabilities of our new Applied Intelligence business and our tireless pursuit of innovation on behalf of clients,” said Narendra Mulani, chief analytics officer, Accenture Applied Intelligence. “We believe we are working with clients across every industry on the best approach to embed AI into the core of their business to empower them to address their most complex business challenges.

According to an article published on money.usnews.com, Nvidia Corporation (NASDAQ: NVDA) investors are gearing up for the company’s analyst day event on Today, March 27, and the company could provide some market-moving announcements. Bank of America analyst Vivek Arya says investors should watch for updates on several key products and initiatives, but Nvidia is unlikely to provide any new financial numbers. According to Arya, Nvidia is likely update investors on artificial intelligence inference, new gaming technology, unique cryptocurrency and/or blockchain investments and new autonomous vehicle partnerships. Specifically, Arya says Nvidia has a huge opportunity in AI inference, the ability for AI to infer things about new data sets based on prior training. Currently, AI inference accounts for less that 2 percent of Nvidia sales, but Arya says the AI inference total addressable market could be as large as $20 billion.

International Business Machines Corporation (NYSE: IBM) is jumping into the digital assistant market with its own voice-activated Watson Assistant, an artificial intelligence-based system that takes a different approach than other players in the market by targeting businesses. Unlike Alexa, Google Assistant, Cortana and Siri, Watson Assistant, which was announced last week, is a white-labeled service that – from the user perspective – runs in the background on the IBM Cloud. There is no Watson Assistant wake-word, such as “OK, Google” “Hey Siri,” or “Alexa.” Nor are there plans for a Watson-branded device to be sold in stores. That’s because IBM is selling Watson Assistant directly to businesses rather than consumers, said Bret Greenstein, IBM vice president of Watson IoT. “We are coming at this from a market point of view that is more friendly to enterprise clients,” he said. The thinking is that IBM Watson can provide the A.I. assistant technology on top of which a company can put its own brand voice, customizing its features for specific uses and deploying it in a variety of connected devices.

Amazon Inc. (NASDAQ: AMZN) recently announced a slew of new AI developments, including Amazon SageMaker, which lets companies build and quickly train machine learning algorithms. It also announced Amazon Rekognition Video, which uses AI to detect objects and faces in customers’ video content; Amazon Transcribe, which turns audio into text; Amazon Translate, which translates text; and Amazon Comprehend, which analyzes text for sentiment and key phrases. “We expect the big three to continue to play a game of leapfrog over the next several years as the enterprise moves from experimental to industrialization of AI and machine learning,” said Ken Corless, a principal in Deloitte Consulting’s cloud engineering practice. “Given their market share, AWS’s announcements are significant as they are signaling to the market that they will not cede this space to Microsoft or Google.”

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty five hundred dollars for news coverage of the current press release issued above by ShiftPixy, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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Innovative Digital Workforce Platform Streamlining Functionality For QSR Operators Becoming Reliant on Gig Economy


Palm Beach, FL – (March 22, 2018) -- The gig economy, as reflected by nonemployer firms, is significant and growing fast. Overall, there has been a clear surge in nonemployer firms’, a measure of contractor and freelance individuals, business activity in the last decade, which indicates an increasing rise of online platforms. According to a 2016 study by McKinsey & Co., roughly 30 percent of working-age Americans are already engaged in the gig economy, and some labor experts predict that that economy, with its freelance workforce, could make up the majority portion of the American workforce within a decade. Many of the largest companies are now turning to online freelance services to add flexible hires during those companies' busiest seasons. This shift is already underway in many sectors, including the restaurant and hospitality industries, with a large percent of millennials believing that they prefer to be their own bosses. Active stocks in the markets include: ShiftPixy, Inc. (NASDAQ: PIXY), Grubhub Inc. (NYSE:GRUB), Starbucks Corp (NASDAQ: SBUX), Dunkin' Brands Group, Inc. (NASDAQ:DNKN), Domino's Pizza, Inc. (NYSE: DPZ).

ShiftPixy, Inc. (NASDAQ: PIXY) BREAKING NEWS: ShiftPixy, a disruptive workforce engagement platform provider, is helping businesses streamline employment operations in sectors where high turnover is hampering growth. The gig economy’s mainstream adoption has caused much of the part-time labor force to leave the standard workplace in favor of gig platforms that provide the desired flexibility. By leveraging the gig economy concept and focusing on companies who rely on part-time labor, ShiftPixy’s ecosystem and mobile platform have created a solution that allows operators to retain a dedicated workforce while achieving desired growth and scalability.

ShiftPixy’s Co-Founder and CEO Scott Absher stated, “We talk with scores of operators every week that struggle with high turnover. We also speak with private equity firms who own multi-unit restaurant and QSR brands in their portfolio and can relate to today’s part-time labor troubles. ShiftPixy can improve their portfolio companies’ efficiencies and their bottom line by establishing much needed stability and reliability in the workforce.”

Particularly for mid- to large-sized restaurant, hospitality, and retail chains, where employees are the heart of an organization, ShiftPixy provides a sophisticated tech-driven solution to cure the labor headaches many organizations face. AI-enabled onboarding, human capital data recorded on private blockchain ledgers, and an innovative ‘micro-metering’ approach to financial and insurance transactions are only a few ways ShiftPixy is disrupting both the traditional employment and gig economy models and providing a ready-to-hire workforce for organizations. Read this and more news for ShiftPixy at: http://www.marketnewsupdates.com/news/pixy.html 

To discover the power of ShiftPixy’s self-delivery platform for your restaurant please select one of our convenient webinar timeslots at: https://www.shiftpixy.com/webinars/  Or call at 888-798-9200 to register.

Additional industry related developments from around the markets:

In Gig Economy recent developments, on February 8, 2018, federal Judge Jacqueline Scott Corley ruled that a four-month Grubhub Inc. (NYSE:GRUB) delivery driver was properly classified as an independent contractor, and not an employee. While not a slam dunk victory for California "gig economy" companies due to the fact-intensive analysis required in misclassification cases, these companies now have some insight as to how California courts may apply the decades-old rubric to their innovative, twenty-first century business models in determining whether a worker is properly classified as an independent contractor.

In a release issued on Reuters late yesterday afternoon, Starbucks Corp (NASDAQ: SBUX) wants more people to use its time-saving mobile ordering app that lets customers buy drinks without waiting in line. Interviews with more than two dozen Starbucks customers suggest that the move, aimed at countering robust competition from fast-food chains and other coffee sellers, may face obstacles. To start, saving time was not high on some customers' wish lists. In fact, several said they deliberately slow down their Starbucks visits to indulge in mini catch-up sessions with the "baristas" who take orders and make lattes.

Dunkin' Brands Group, Inc. (NASDAQ:DNKN) continues to introduce faster and easier choices for running on Dunkin', announcing that On-the-Go Mobile Ordering is now available through the Google Assistant, on iPhones and Android phones. Though this new integration, DD Perks® Rewards members can use the Google Assistant, Google's voice assistant technology, on their iPhones and Android phones to place a mobile order for Dunkin' Donuts coffee, beverages, baked goods and breakfast sandwiches, and then speed past the line in store for pick-up. The new integration is powered by Conversable, a leading AI-powered conversational intelligence platform.

Domino's Pizza, Inc. (NYSE: DPZ), the recognized world leader in pizza delivery and digital ordering platforms, is now conducting a second round of self-driving delivery vehicle testing, with a focus on the customer experience. This two-month test in Miami, in partnership with Ford, will leverage the learnings of the first round of testing, but will add the element of delivery in a larger, urban setting. "Our first round of testing the customer experience in Ann Arbor provided some great learnings and insights, including the fact that there are customers who are interested in this as a delivery option," said Kevin Vasconi, executive vice president and chief information officer of Domino's. "Our testing is focused on the last 50 feet of the customer experience, between the front door and the car. While we work to refine that interaction, we also need to understand how operating this type of delivery in a more densely populated city will impact the customer experience and the specific delivery challenges it might present."

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty five hundred dollars for news coverage of the current press release issued above by ShiftPixy, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757

SOURCE MarketNewsUpdates.com

 

 

QSR Operators Leveraging Gig Economy Platform Targeting Restaurant Delivery Services


Palm Beach, FL – (March 20, 2018) -- The gig economy remains one of the quickest growing facets of the overall global economy as society demands more flexibility when it comes to working. Over 57 million people in the United States alone participated in the gig economy just last year, according to Freelancing in America. This number is only expected to rise, creating tremendous opportunities for leading companies to create value through leveraging the surplus of human capital. One industry poised to benefit is that of the restaurant space, with a notable development being the innovation of self-delivery for QSR operators. Mobile ordering is a booming business, with a projected value of $55 billion of the mobile ordering industry by 2022, according to the January 2018 PYMNTS Mobile Order-Ahead Tracker. In addition, 70 percent of consumers have ordered food online at least once in the past year, while 58 percent have ordered a meal through a website or an app. Through third parties and technological advancements, leaders in the space are making headlines by creating substantial value while simultaneously improving operations and efficiency. Active stocks in the markets include: ShiftPixy, Inc. (NASDAQ: PIXY), Grubhub Inc. (NYSE:GRUB), The Wendy’s Company Inc. (NASDAQ: WEN), Yum! Brands, Inc. (NYSE: YUM), Darden Restaurants Inc. (NYSE: DRI).

ShiftPixy, Inc. (NASDAQ: PIXY) BREAKING NEWS: ShiftPixy’s highly disruptive self-delivery proposition for QSR restaurant operators is a big opportunity in the rapidly expanding third-party delivery boom. Scott Absher ShiftPixy’s Co-Founder and CEO commented that “when we asked our QSR operator clients why they would surrender their brand, their customer experience and their customer data to a third party and give up their hard- earned revenue the stories tumbled out”. ShiftPixy’s cutting edge technology and approach to human capital management allows the company a unique window into the daily demands of QSR operators and the ability to extend its technology and engagement to enable this unique self-delivery proposition.

ShiftPixy’s new driver management layer for operators in the ShiftPixy ecosystem will now allow clients to use their own team members to deliver a brand intended customer experience. ShiftPixy has taken the compliance, management and insurance issues related to the support of a delivery option and created a turnkey self-delivery opportunity. This first ever approach allows ShiftPixy clients to enjoy the income growth from delivery and preserve their customer experience and their brand. “This changes the game in a big way”. Scott W. Absher, ShiftPixy’s Co-Founder and CEO stated that “we listened to the pain our operator clients described and saw we could leverage our ecosystem to make it simple for our clients to take on the growth opportunity that self-delivery represents for their business and not give up 30% of their sale to a third-party delivery operator”. Read this and more news for ShiftPixy at http://www.marketnewsupdates.com/news/pixy.html 

To discover the power of ShiftPixy’s self-delivery platform for your restaurant please select one of our convenient webinar timeslots at: https://www.shiftpixy.com/webinars/ Or call at 888-798-9200 to register.

Additional industry related developments from around the markets:

Yelp Inc. (NYSE: YELP), the leader in connecting people with great local businesses, and Grubhub Inc. (NYSE: GRUB), the nation's leading online and mobile food ordering company, announced the successful integration of Grubhub’s restaurant network onto the Yelp platform. The combination of Grubhub's unmatched restaurant network and efficient delivery infrastructure with Yelp's large purchase-oriented audience positions us to generate thousands of new diners and millions of orders for Grubhub restaurant partners. Yelp users will be able to order from far more local restaurants, while taking advantage of Grubhub’s overall lowest-cost delivery. “By tapping into Grubhub’s restaurant network, Yelp now offers users the ability to order from a larger and better selection of restaurants across the country,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer.

The Wendy’s Company Inc. (NASDAQ: WEN) closed up .35% on Monday with a volume north of 1.8 million. The company recently partnered with popular designer of luxury sportswear, Don C., to launch its first-ever streetwear collaboration. "I'm excited to collaborate with Wendy's," said Don C. "I'm from Chicago, where being fresh is way of life, so I'm excited to team up with an iconic brand that values staying fresh as much as I do." Wendy's fans will be able to win items from this exclusive collection through giveaways on social media, local stops at regional tournaments and during the Final Four weekend in San Antonio. Read more here: https://finance.yahoo.com/news/wendys-rewards-fans-picking-fresh-170700487.html

YUM! Brands Inc. (NYSE: YUM) news: After much anticipation from loyal customers nation-wide, Yum! Brands’ subsidiary Pizza Hut Canada is launching its first loyalty program, Hut Rewards, this month on March 12, 2018. Hut Rewards makes customer loyalty simply. With five consecutive online orders of $10.99 or more, members will receive a free two-topping medium pizza. “We’re thrilled to be launching this program digitally, forging ahead in our commitment to making the best tasting pizza more accessible to Canadians,” said Jason Cassidy, Brand Director, Pizza Hut Canada. “This is going to make it easier for customers to get the innovative recipes they know and love, like the original pan pizza and stuffed crust, by simply signing up online or through our mobile app.” Read more here: https://finance.yahoo.com/news/pizza-hut-canada-launches-loyalty-131500345.html

Darden Restaurants Inc. (NYSE: DRI) is building the first airport location of its Bahama Breeze Island Grille brand. The Orlando, Fla.-based company, which also owns the more widespread Olive Garden, LongHorn Steakhouse and Cheddar’s Scratch Kitchen concepts, is constructing the first airport version of the Caribbean-style concept in the Orlando International Airport’s Terminal B. “Bahama Breeze is delighted to bring a taste of the islands to Orlando airport,” said Kristin Colville, spokesman for the Darden division, in an email. “The location of this newest outpost requires unique operating capabilities, so we’re partnering with HMS Host, one of the leading airport food service operators.” Darden has worked with HMS Host and Hojeij Branded Foods for franchised U.S. airport units of its LongHorn brand.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty five hundred dollars for news coverage of the current press release issued above by ShiftPixy, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.


Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757

SOURCE MarketNewsUpdates.com

 

Gig Economy Transforming Restaurant Industry By Managing Rising Delivery Demand Craze


Palm Beach, FL – (March 15, 2018) -- Consumers today are spending more money on travel and dining out than ever before, and more importantly they expect instant gratification. They get it with local travel by using Lyft and Uber and retail by relying more and more on Amazon Same-Day Delivery, but it doesn’t stop there. With the gig economy continuing to take shape, many industries including restaurant and hospitality businesses are utilizing mobile apps, websites and advanced hiring algorithms that have made it easier for restaurants to fill vacancies, agree on terms of service and complete various projects. The Gig Economy continues to have a positive effect on the Restaurant and Hospitality industries as demand for restaurant food workers was Up 355% from 2014 to 2017. Contractual employment agreements are becoming a thing of the past. Instead, companies are filling employment gaps with the gig economy platform. With on-demand employment solutions, companies are able to streamline their staffing processes while saving money by eliminating payroll and general liability costs. In a limitless marketplace, the gig economy rests on the principles of accessibility, proximity and affordability. Active stocks in the markets include: ShiftPixy, Inc. (NASDAQ: PIXY), Grubhub Inc. (NYSE:GRUB), Restaurant Brands International Inc. (NYSE:QSR), Yum! Brands, Inc. (NYSE: YUM), McDonald's Corporation (NYSE: MCD).

ShiftPixy, Inc. (NASDAQ: PIXY) BREAKING NEWS: Shiftpixy is introducing a highly disruptive proposition for the Company’s fast food and fast casual restaurant operator clients. Scott Absher ShiftPixy’s Co-Founder and CEO stated that “Delivery is the fastest growing wave in the fast food and fast casual dominated by GrubHub, UberEats, DoorDash. They have created a wave we are calling the convenience economy. We see that none of the large fast food and fast casual brands could have predicted the delivery demand wave, but they should not have been surprised by the damage to their brand and their customer experience from surrendering their completed customer connection to a stranger”. One ShiftPixy client in Southern California who uses third-party delivery providers explained that “happy customers say nothing, but angry customers tell everyone, we don’t find out until it’s too late that there was a problem and then we have lost a customer”.

ShiftPixy’s new driver management layer for operators in the ShiftPixy ecosystem will now allow ShiftPixy clients to use their own team members to self-deliver a brand intended customer experience. ShiftPixy has taken the compliance, management and insurance issues related to the support of a delivery option and created a turnkey self-delivery opportunity. “This changes the game in a big way”, Scott W. Absher, ShiftPixy’s Co-Founder and CEO stated that “we listened to the stories our operator clients told us and saw we could leverage our ecosystem and the way we served them to make it simple for our clients to take on the growth opportunity that self-delivery represents for their business”. Read this and more news for ShiftPixy at http://www.marketnewsupdates.com/news/pixy.html 

To discover the power of ShiftPixy’s self-delivery platform for your restaurant please select one of our convenient webinar timeslots at: https://www.shiftpixy.com/webinars/ 
Or call us at 888-798-9200 to register.


Additional industry related developments from around the markets:

GrubHub Inc. (NYSE:GRUB), the nation's leading online and mobile food-ordering company, recently announced the launch of RestaurantHER, an initiative dedicated to supporting women-led restaurants nationwide, and committing $1 million to support this and other causes benefiting our communities. Grubhub will contribute $1 up to $1 million for every person who pledges at RestaurantHER.com to dine in or order delivery from women-led restaurants now through the end of Women's History Month in March. The first $100,000 of this pledge will be contributed to WCR — Women Chefs & Restaurateurs to help advance female leadership in restaurants by providing resources for women seeking to advance culinary education and gain recognition in the food industry.

Restaurant Brands International Inc. (NYSE:QSR) closed up slightly on Wednesday at $58.10 trading over 1.5 Million shares by the market close. Restaurant Brands International is one of the world's largest quick service restaurant companies with more than $30 billion in system-wide sales and over 24,000 restaurants in more than 100 countries and U.S. territories. RBI owns three of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, and POPEYES®. These independently operated brands have been serving their respective guests, franchisees and communities for over 40 years.

After much anticipation from loyal customers nation-wide, Pizza Hut, a subsidiary of Yum! Brands, Inc. (NYSE: YUM) in Canada launched its first loyalty program, Hut Rewards, this month on March 12, 2018. Hut Rewards makes customer loyalty simply. With five consecutive online orders of $10.99 or more, members will receive a free two-topping medium pizza. “We’re thrilled to be launching this program digitally, forging ahead in our commitment to making the best tasting pizza more accessible to Canadians,” said Jason Cassidy, Brand Director, Pizza Hut Canada. “This is going to make it easier for customers to get the innovative recipes they know and love, like the original pan pizza and stuffed crust, by simply signing up online or through our mobile app.”

McDonald's Corporation (NYSE: MCD) was in the news lately as MCD has quickly expanded its services to include mobile order and pay, and home delivery as part of its efforts to appeal to younger consumers that have shunned quick-service restaurants in favor of fast-casual dining at chains like Chipotle and Panera Bread. Rising minimum wages are gradually pushing up the cost of hiring even the most inexperienced workers, which is leading many restaurants to seek out technologies to reduce their headcount, such as kiosk ordering and mobile ordering and pay, as well as tablet ordering at sit-down restaurants.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty five hundred dollars for news coverage of the current press release issued above by ShiftPixy, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757


SOURCE MarketNewsUpdates.com

 

Powerful Gig Economy Innovation Changing the Landscape of Restaurant and Hospitality Industries


Palm Beach, FL – (March 13, 2018) -- The advanced innovation and flexibility of the multi-billion dollar gig economy is making its way into a growing number of industries including the restaurant sector, creating new opportunities for enhanced efficiency and drastically improved operations. According to Scott Absher of Shiftpixy, Inc, "The restaurant industry has long embraced technology, from relying on the newest and greatest POS systems and restocking platforms to leveraging Yelp reviews and social media. Now it is beginning to capitalize on the rise of the gig economy. When the gig economy is applied to the food services and hospitality industries, it has the potential to revolutionize how operators hire and manage their workforce and how individuals search for employment, especially as millennials increasingly search for flexible, part-time work." Human resources professionals not that long ago largely confined their activities to full- and part-time employees. But with the rise of “The Gig Economy,” there are now often so many individuals working on various temporary projects that in some organizations they outnumber employees. From flexible hours to being able to work from anywhere, it's no wonder people are opting to join the gig economy. There are more than 57 million freelancers in the U.S., contributing nearly $1.4 trillion to the economy every year. While the U.S. workforce continues to see growth, with an average of 2.6 percent each year, the country's freelancing growth rate is rapidly exceeding it, averaging 8.1 percent growth every year. Active stocks in the markets include: ShiftPixy, Inc. (NASDAQ: PIXY), Grubhub Inc. (NYSE:GRUB), Starbucks Corporation (NASDAQ: SBUX), Papa John’s International, Inc. (NASDAQ: PZZA), Domino's Pizza (NYSE: DPZ).

ShiftPixy, Inc. (NASDAQ: PIXY) BREAKING NEWS: Shiftpixy, a disruptive workforce engagement platform provider is designed to correct two areas that the gig economy has impacted restaurant and hospitality business operators.

The first of these impact areas is turnover. The new gig platforms have created new opportunities for income for workers committed to part time labor. Part time workers no longer need to hit the street to hunt for jobs and fill out applications. Now from their smart phone they are served real time local opportunities that allow them to work when they want and where they want. This new dimension to work and work opportunities access has carved deeply into the US part time labor market. Fewer part time workers are looking for restaurant and hospitality work has resulted in toxic levels of turn over particularly in major metro US markets.

ShiftPixy treats turnover by providing a participation platform for restaurant and retail operators to connect with qualified local and available part time workers who work for other local operators but need to earn more. This new human capital approach means that operators participating on the ShiftPixy platform will not only liberate their business from employer duties but the ShiftPixy scheduling technology continuously monitors the operator for work schedule gaps that can be offered to a fast growing local on demand workforce. Read this and more news for ShiftPixy at http://www.marketnewsupdates.com/news/pixy.html 

ShiftPixy offers an extension of its operator platform that put these QSR operators in a position to self-deliver. The self delivery approach allows QSR operators to use their own local staff to take orders to customers with the same precision as their Pizza neighbors and a better brand centric customer experience. ShiftPixy brings the impossible to secure higher but essential to have in place for delivery, the hired and non-owned auto (HNOA) insurance coverage to the QSR operator on an as needed basis. The ShiftPixy mobile platform can pull an outbound order into a ticket for qualified, assigned, uniformed staff worker to confirm the order, jump in their car, drive a guided route, connect with the customer and return. This work flow is micro metered for the precise HNOA coverage and mileage reimbursement for each delivery loop. This allows for a fixed cost, per order cost coverage and no more revenue sharing with a third-party operator.

Additional industry related developments from around the markets:

Grubhub Inc. (NYSE:GRUB), the nation's leading online and mobile food-ordering company, is announcing the launch of RestaurantHER, an initiative dedicated to supporting women-led restaurants nationwide, and committing $1 million to support this and other causes benefiting our communities. Starting in late February, Grubhub will contribute $1 up to $1 million for every person who pledges at RestaurantHER.com to dine in or order delivery from women-led restaurants now through the end of Women's History Month in March. The first $100,000 of this pledge will be contributed to WCR — Women Chefs & Restaurateurs to help advance female leadership in restaurants by providing resources for women seeking to advance culinary education and gain recognition in the food industry.

Starbucks Corporation (NASDAQ: SBUX) announced that it has entered into an agreement with SouthRock – a leading multi-brand restaurant operator in Brazil – to fully license Starbucks retail operations in the country. The agreement provides SouthRock the rights to develop and operate Starbucks® stores in Brazil. By leveraging its strong market knowledge in commercial real estate, marketing and operations, SouthRock plans to drive long-term growth in a way that creates new opportunities for Starbucks customers and employees, both in existing markets as well as future markets across Brazil.

Papa John’s International, Inc. (NASDAQ: PZZA), continues its expansion into Central Asia with the announcement of the first Papa John’s restaurant in Kyrgyzstan. The Kyrgyzstan Papa John’s is located in Bishkek and opened its doors on February 8, 2018. Papa John’s is now in 45 countries and territories around the globe. Papa John’s franchisee PJ Western plans to open six restaurants in the Kyrgyzstan market. PJ Western currently operates 147 Papa John’s in Russia, Belarus and Poland, and will continue to expand in Eastern Europe and into Central Asia. A second restaurant in Bishkek is scheduled to open in early March.

Domino's Pizza (NYSE: DPZ), the recognized world leader in pizza delivery and digital ordering platforms, is now conducting a second round of self-driving delivery vehicle testing, with a focus on the customer experience. This two-month test in Miami, in partnership with Ford, will leverage the learnings of the first round of testing, but will add the element of delivery in a larger, urban setting. "Our first round of testing the customer experience in Ann Arbor provided some great learnings and insights, including the fact that there are customers who are interested in this as a delivery option," said Kevin Vasconi, executive vice president and chief information officer of Domino's. "Our testing is focused on the last 50 feet of the customer experience, between the front door and the car. While we work to refine that interaction, we also need to understand how operating this type of delivery in a more densely populated city will impact the customer experience and the specific delivery challenges it might present."

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty five hundred dollars for news coverage of the current press release issued above by ShiftPixy, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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Leveraging FinTech Innovation Proving to be Critically Valuable for Growing Number of Industries


Palm Beach, FL – (March 9, 2018) -- FinTech has asserted itself as an essential technology within the financial services, payment services, human capital and a growing number of sectors for various reasons. According to a report recently issued by PwC, over 77% of companies globally intend to expand their efforts to innovate their fintech approach within the next three to five years. Prominent areas of various industries that are poised to be disrupted by fintech applications include human capital services, workforce applications, banking & financial, insurance, digital transactions and payment services. The World Economic Forum has led the creation of an industry consortium focused on improving the cybersecurity of a increasing number of technology companies, as collaboration between fintechs and financial institutions as a heightened need for companies to implement sturdy cybersecurity measures. FinTech Innovation coupled with Blockchain technology has the potential to universally reshape the way business transacts across nearly every industry in the global economy for companies such as: ShiftPixy, Inc. (NASDAQ: PIXY), PayPal Holdings Inc. (NASDAQ: PYPL), Starbucks Corporation (NASDAQ: SBUX), Square Inc. (NYSE: SQ), American Express Company (NYSE: AXP).

ShiftPixy, Inc. (NASDAQ: PIXY) BREAKING NEWS: Shiftpixy, amidst all the talk about the fintech boom, is developing a unique financial and insurance transaction and metering platform.

ShiftPixy’s technology platform leverages a “micro-metering” approach to incremental financial and payment transactions and related insurance coverages based on real-time use and exposures. In his discussion regarding ShiftPixy’s underlying technology in the midst of the fintech frenzy, ShiftPixy’s CEO Scott Absher stated, "We are preparing to operate at the level at which many fintech companies are endeavoring to attain. In connecting a workforce with business, ShiftPixy will be leveraging two critical technology functionalities. The first is what we call ‘micro metering’ of essential commercial insurance coverages required by our operator clients—namely workers’ compensation and auto coverages on a delivery-by-delivery basis. The second is using ShiftPixy’s blockchain ledger to process and record our critical P2P connections.” Read this and more news for ShiftPixy at http://www.marketnewsupdates.com/news/pixy.html 

Mr. Absher went on to say, “The ShiftPixy mobile ecosystem’s success requires technical precision in managing sometimes relatively small yet frequent transactions that are growing in volume. Our ‘micro metering’ technology has caught the attention of the insurance community with its real time data visibility and its ability to scale at a rapid rate. Our blockchain technology assures that with rapid growth and scale, our essential security is keeping pace with the growth.”

ShiftPixy’s technology is engineered to allow the Company’s business operator clients to liberate and accelerate their business and thrive despite the gig economy changes affecting their businesses. ShiftPixy is allowing traditional retail and restaurant operators to connect and compete with ease in the part-time labor markets without technology investments.

Additional industry related developments from around the markets:

Village Capital and PayPal Holdings Inc. (NASDAQ: PYPL) have chosen 12 startups to take part in their first fintech accelerator in Sub-Saharan Africa, which will provide three months of training and offer US$50,000 investment in the best two companies. A cohort of 12 early-stage fintech startups has now been chosen from 165 applicants, each of which has developed an innovative technology or business model that has improved financial health for consumers or businesses. The cohort includes four startups from Kenya, namely tech platform for small scale producers Annona, foreign exchange service FPESA, insurtech startup GrassRoots Bima, and agriculture marketplace Tulaa, which is also active in Ghana.

Starbucks Corporation (NASDAQ: SBUX) recently addressed the company’s future intentions to become more involved in the fintech landscape through blockchain. “I think Blockchain technology is probably the rails in which an integrated app at Starbucks will be sitting on top of,” he said. For Starbucks to be considering how to incorporate Blockchain into its payment processes isn’t that much of a surprise. That’ because the coffee behemoth has a reputation for being willing to step into unchartered waters when it comes to technology. For example, it was one of the first major retailers to employ technology that allows customers to make their purchases with their mobile phones. It rolled out what it called the “nation's largest mobile payment program” in 2010. A year later, it boasted that its mobile transactions topped 26 million within the first year.

Square Inc. (NYSE: SQ) is reportedly supporting direct deposits for paychecks, which means it's one step closer to becoming a fully functional bank account, without actually being a bank account. Users just need to give their employer their account and routing number (found in Cash settings), and the app will notify them when a deposit hits their account. The funds are added to their regular Cash balance and can be spent via debit card, sent to a friend, put into another account or even used to buy bitcoin. This is a big step forward for Cash app -- and the financial services sector in general. As long as you don't need to deposit a cheque or wire a transfer (and who in this day and age does?) it's now entirely possible to rely on the app in lieu of a traditional bank account, which is helpful for younger users entering their first job, those in underserved areas, or anyone reluctant to pay fees at more mainstream institutions. It's not so straightforward for Square itself, though, as it doesn't yet have its own bank charter, so it's had to figure out quite a few workarounds to adhere to legislation. But as more and more fintech companies pioneer these kinds of services and see large-scale take-up, it might not be too long before at least some of the rules are reformed. Source: engadget

American Express Company (NYSE: AXP) recently joined the financial funding round of Even Financial, a technology platform powering financial services online. “Even Financial helps financial services providers and fintech partners programmatically deliver products and services in real time to the right customers when and where it’s most effective,” said Harshul Sanghi, Managing Partner of American Express Ventures. “By providing the underlying technology for more efficient customer acquisition, Even’s platform is enabling financial institutions to broaden their reach while connecting fintech partners with a greater supply of financial institutions and their products. We’re pleased to support Even in its efforts to expand its capabilities and grow its client base.”

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty five hundred dollars for news coverage of the current press release issued above by ShiftPixy, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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SOURCE MarketNewsUpdates.com
 

 

 

Blockchain Technology Disrupting a Rapidly Growing Listing of Industries and Human Capital Services


Palm Beach, FL – (March 7, 2018) -- Blockchain technology has emerged well beyond the cryptocurrency sector where it first gained widespread notice. Its core function, enabling the transparent and secure transfer of data, is being infused into a multitude of industries, services and applications, providing a wide range of growth opportunities for companies willing to infuse this innovative technology. Not only does thBlockchain hold the ability to disrupt the way the financial sector often works but is now having ramifications on many other industries including medical records and data, consumer goods, media & telecom and even the emerging sector of the Gig Economy. The Gig Economy is one of the fastest growing market segments in the global economy as the value of human capital rises with more and more people choosing to control their own destiny when it comes to employment. Because of the recent growth and popularity, the Gig Economy industry is also being exposed to a variety of new risks for the first time, including security and digital threats. To combat this, tech firms are aiming to infuse Blockchain to bolster their digital prowess. Blockchain technologies will allow companies to create platforms that allow job seekers and companies to connect, making the industry more efficient and secure. Companies in focus today include: ShiftPixy, Inc. (NASDAQ: PIXY), Amazon.com, Inc. (NASDAQ: AMZN), GrubHub Inc. (NASDAQ: GRUB), Starbucks Corporation (NASDAQ: SBUX), Intuit Inc. (NASDAQ: INTU).

ShiftPixy, Inc. (NASDAQ: PIXY) BREAKING NEWS: Shiftpixy, a disruptive workforce engagement platform provider, is leveraging blockchain as a digital ledger for all human capital transactions. Blockchain is being met with skepticism due to the lack of use cases.

ShiftPixy is a prime use case for implementing a private, centralized blockchain due to the security and privacy of the data that a blockchain affords. In business, human capital transactions contain some of the most crucial and sensitive personal information—namely, everything contained in the personnel records for an individual (including social security number, date of birth, driver’s license or passport details, bank account information, tax form elections, and more). Any data considered to be a human capital validation point or part of the hiring and onboarding process is being utilized and recorded in ShiftPixy’s blockchain ledger. The employee I-9 verification process, for example—one of the most stringent, rigorous, and penalty-laden compliance procedures–is positively impacted by blockchain utilization of biometric authentication and automatic verification of I-9 data, removing human error in the process of screening for fraudulent information. Scott Absher, President and CEO of ShiftPixy, stated, “We use blockchain technology in our ecosystem, because it is one of the most efficient tools available to help us protect our data from cyber interference. Any data considered to be a human capital validation point or part of the hiring and onboarding process is being utilized and recorded in ShiftPixy’s blockchain ledger.” Read this and more news for ShiftPixy at http://www.marketnewsupdates.com/news/pixy.html 

The security and ability for auditing transparency afforded by the integrated blockchain technology is paramount to protecting both the employee and the ShiftPixy job providers in the ShiftPixy ecosystem. Verification of that data on the blockchain allows both employers and auditing agencies to confidently validate additional criteria such as employment dates, and a candidate’s background (i.e. education, references, certifications, etc.), and share the verification status directly on multiple distributed sources within the blockchain, further underscoring the trust and accuracy of a candidate’s information and corporate compliance. Added benefits for data integrity include allowing employees and shift workers to rate experiences at a workplace–also recorded in the blockchain’s transparent ledger, which gives the peace of mind that the review or rating cannot be tampered with (i.e. neither shifters nor companies can pay to change or remove unfavorable ratings). Future implementation of blockchain technology within ShiftPixy’s technological ecosystem include the extended applications for payroll and real-time payments, and utilizing smart contracts for employment contracts, which facilitate the performance of credible, trackable, and irreversible transactions without third parties.

Additional industry related developments from around the markets:

Amazon.com, Inc. (NASDAQ: AMZN) recently announced its new partnership with technology consulting firm Luxoft Holding (NYSE:LXFT). Luxoft will join five others as one of six technology consulting firms to offer blockchain solutions certified to run on Amazon Web Services (AWS). Vasiliy Suvorov, vice president of technology strategy at Luxoft, said: "Blockchain is about removing data silos, improving trust and operational efficiencies. By using AWS to deploy and integrate DLTs [Distributed Ledger Technologies] into day-to-day processes, businesses can revolutionize how they operate." Luxoft highlighted one particular use case they were implementing in the healthcare field. One of Luxoft's clients is a large health insurance provider, which had a problem with its claims processes.

GrubHub Inc. (NYSE: GRUB) - In a significant court decision on the status of so-called gig-economy workers, a federal judge ruled drivers for GrubHub Inc. are independent contractors and not employees. The ruling may have far-reaching implications for other sharing economy companies, including Uber Technologies Inc., whose business models are built on pairing customers with products and services through apps and typically avoid the costs of traditional employment. U.S. Magistrate Judge Jacqueline Scott Corley in San Francisco concluded Thursday, in a first-of-its-kind ruling, that a gig-economy driver doesn’t qualify for the the protections of employees under California law. “Under California law whether an individual performing services for another is an employee or an independent contractor is an all-or-nothing proposition,” she wrote. “With the advent of the gig economy, and the creation of a low wage workforce performing low skill but highly flexible episodic jobs, the legislature may want to address this stark dichotomy.”

Starbucks Corporation (NASDAQ: SBUX) is likely to utilize blockchain technology as part of a new payments app. Executive chairman Howard Shultz said, "I think blockchain technology is probably the rails in which an integrated app at Starbucks will be sitting on top of,". His comments come roughly a month after the former chief executive spoke broadly during an earnings call about the chain's plans to utilize the tech, especially on the payments front (although he dismissed the idea that the company would use bitcoin in some way). At the time, Schultz suggested that the tech may play a role in how Starbucks works to "expand digital customer relationships," though it remains to be seen how blockchain is ultimately used in practice by the company. "I believe that we are heading into a new age, in which blockchain technology is going to provide a significant level of a digital currency that is going to have a consumer application," he remarked during the earnings call.

Intuit’s (NASDAQ: INTU) QuickBooks Self-Employed product enables on-demand workers to manage business and personal finances, handle taxes throughout the year and meet compliance requirements. Intuit offers the product directly to on-demand entrepreneurs through partnerships with many of the leading on-demand economy marketplaces including Uber, Lyft and TaskRabbit. Intuit is alo incorporating blockchain platform into accounting services thinking it so revolutionary that some believe it could end the 700-year reign of double-entry accounting. Accountants and auditors can adapt to stay competitive alongside blockchain. Thanks to the security and trust built into blockchain ledgers, accounting firms may end up streamlining their services to compete in a world of increasing data volume. Source: Intuit Quickbooks

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty five hundred dollars for news coverage of the current press release issued above by ShiftPixy, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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DRILLING UPDATE – ONTARIO COBALT EXPLORATION PROGRAM ON LICO’S GLENCORE AND TELEDYNE PROPERTIES


Vancouver, British Columbia --January 10, 2018 -- LiCo Energy Metals Inc. (OTCQB: WCTXF) (TSX-V: LIC) ("the Company" or "LiCo") is pleased to update its shareholders on the current diamond drilling program for its Teledyne and Glencore Bucke Cobalt Properties situated in Bucke and Lorrain Townships, 6 km east-northeast of Cobalt, Ontario, as originally announced on September 12th, 2017.

The Company has recently completed drilling 27 diamond drill holes for a combined depth of approximately 3,106 meters on its two cobalt mineral exploration properties in Ontario. The current drill program is designed to confirm and extend the existing known mineralization and to provide the company with sufficient drill hole information to create a geological model and a 43-101 complaint resource estimate.

On the Glencore Bucke Property, the Company has completed a total of 21 diamond drill holes totaling 1,900 m, testing the Main and Northwest zones. Visual cobalt camp style mineralization has been noted in every drill hole that the Company has logged to date. The drill program has been completed as planned, and the drill rig was demobilized earlier in the week. Historical drilling completed on the Glencore Bucke Property outlined two separate vein systems hosting significant cobalt and silver values. The Main Zone, currently is 152 m in length, and the Northwest Zone, measuring 70 m in length. The Main Zone had a north-south strike, which is hypothesized as the southern extension of the #3 vein from the Cobalt Contact Mine located immediately to the north of the Property (Bresee, 1982).

On the Company’s adjoining Teledyne Property, a total of 1,206 m has been completed in 6 diamond drill holes. Drilling has intersected Cobalt camp style mineralization in each drill hole that has been logged to date. Diamond drilling is expected to continue testing targets identified by management throughout the month of November and early December.

“We are exceptionally pleased with the exploration program to date”, says Tim Fernback, President & CEO of LiCo and “we look forward to the assay results that will be released over the next 30-45 days”.
The results for the first five holes were summarized on the news released on November 8, 2017 and additional assay results will arrive throughout the month of November and December.

Qualified Person

The Glencore Bucke and Teledyne Properties are managed by Joerg Kleinboeck, P.Geo., (LiCo’s QP), and supervised by Dwayne Melrose, Director and Head of the Technical Advisory Board of LiCo.

The overall drilling program will be conducted as part of LiCo’s flow thru financing and work commitments for the Glencore Bucke and Teledyne Properties.

About LiCo Energy Metals: https://licoenergymetals.com/

LiCo Energy Metals Inc. is a Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company's focus is directed towards exploration for high value metals integral to the manufacture of lithium ion batteries.

Glencore Bucke Cobalt Project, Cobalt, Ontario:
The Company has entered into a property purchase agreement to acquire a 100% interest from Glencore Canada Corporation (subsidiary of Glencore plc) in the Glencore Bucke Property, situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario, subject to a back-in provision, production royalty and off-take agreement. Strategically, the Glencore Bucke Property consists of 16.2 hectares and sits along the west boundary of LiCo’s Teledyne Cobalt Project. The Property covers the southern extension of the #3 vein that was historically mined on the neighbouring Cobalt Contact Property located to the north of the Glencore Bucke Property. Diamond drilling in 1981 on the Glencore Bucke Property delineated two zones of mineralization measuring 150 m and 70 m in length.

Ontario Teledyne Cobalt Project:
The Company has an option to earn 100% ownership, subject to a royalty, in the Teledyne Project located near Cobalt. Ontario. The Property adjoins the south and west boundaries of claims that hosted the Agaunico Mine. From 1905 through to 1961, the Agaunico Mine produced a total of 4,350,000 lbs. of cobalt and 980,000 oz. of silver. A significant portion of the cobalt that was produced at the Agaunico Mine located along structures that extended southward onto property currently under option to LiCo Energy Metals.

Chile Purickuta Lithium Project:
The Purickuta Project is located within Salar de Atacama, a salt flat encompassing 3,000 km2, being about 100 km long, 80 km wide and home to approximately 37% of the worlds Lithium production. The salar possesses a very high grade of both Lithium (1,840mg/l) and Potassium (22,630mg/l and is close to power, labour, communications, transportation and other infrastructure. The property of 160 hectares is enveloped by a concession owned by Sociedad Quimica y Minera (“SQM”) and lies, significantly, within a few kilometers of the property of CORFO (the Chilean Economic Development Agency) where its leases to both SQM and Albermarle’s Rockwood Lithium Corp Together these two companies have combined production of over 62,000 tonnes of LCE (Lithium Carbonate Equivalent) annually making up 100% of Chile’s current lithium output. The unique characteristics of Salar de Atacama make finished lithium carbonate easier and cheaper to produce than any of its peer group globally.

Purickuta is a smaller exploitation concession rather than a large exploration concession thereby accelerating the task of taking the project to production once a measured reserve can be established. Currently, the Chilean government retains ownership of lithium separate from other minerals and thus production can only proceed upon receipt of a special lithium operation contract know as a “CEOL”. In the future, it will be necessary for LiCo and partner to negotiate a production contract with CORFO concurrently with completing any positive feasibility study. “Chile, which has one of the world's most plentiful supplies of lithium, is pushing ahead with new policies to develop those reserves”. (Reuters Jan 2, 2017).

Nevada Dixie Valley Lithium Project:
The Company has an option to acquire a 100% interest, subject to a 3% NSR, on a large lithium exploration project at the Humboldt Salt Marsh in Dixie Valley, Nevada. The geologic setting and presence of lithium in active geothermal fluids and surface salts in Dixie Valley match characteristics of producing lithium brine deposits at Clayton Valley, Nevada and in South America.

Nevada Black Rock Desert Lithium Project:
The Company has entered into an option agreement whereby the Company may earn an undivided 100% interest, subject to a 3% NSR, in the Black Rock Desert Lithium Project in southwest Black Rock Desert, Washoe County, Nevada.

The Company is planning an exploration programs on a number of its properties over the next several months. The technical content of this news release has been reviewed and approved Joerg Kleinboeck, P.Geo., an independent consulting geologist and a qualified person as defined in NI 43-101.

On Behalf of the Board of Directors
Tim Fernback, President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information:
This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements.

Phone : +1(236)521-0207
LiCoEnergyMetals.com

SOURCE LiCo Energy Metals Inc.

The Promise of Telemedicine for American Health Care

November 1, 2017  By: Editor
Sector:  Healthcare



New York, NY - Although amazing advances unceasingly occur in drug development and medical procedures, delivery of health care services to patients has been woefully slow to embrace technology. It took a federal government mandate in 2014 to force health care providers to adopt and demonstrate “meaningful use” of electronic medical records (EMR) in order to maintain Medicare and Medicaid reimbursement levels. Since the mandate, the use of EMR’s has expanded worldwide, improving quality, safety and efficiencies throughout global health organizations. However, health care still, disturbingly, stands apart from all other industries in the efficient conveyance of patient services, which is most acutely felt among the 80+ million Americans that live in underserved rural areas. These regions suffer from a chronic shortage of primary care physicians and, even more critically, specialty care physicians. Urban-based health companies have little incentive to expand footprints into sparsely populated communities, and the promises that telemedicine would fill this critical void have fallen far short of expectations. This dilemma presents an enormous societal challenge, but, conversely, it presents an even greater opportunity for health care companies that provide operative solutions. In this space, Medical Innovation Holdings, Inc. (OTC: MIHI) is rolling out a disruptive telemedicine business model that positions it among the ranks of larger peers. At the same time, MIHI’s approach greatly differentiates it from its peers, including Teladoc, Inc. (NYSE: TDOC), eWellness Healthcare Corp. (OTC: EWLL), Evolent Health Inc. (NYSE: EVH) and health care behemoth UnitedHealth Group Inc. (NYSE: UNH).

The telemedicine market in the United States is forecast to exceed $13 billion by 2021, according to research and consulting firm Pharmaion (http://nnw.fm/Y7wSr). An aging population, the rising incidence of chronic diseases and spiraling health care costs are making telemedicine one of the fastest growing sectors in health care. Telemedicine includes multiple medical subspecialties, such as telepediatrics, teleradiology, telepsychiatry and telecardiology, though, often, these services are not being effectively delivered to the people that need them most.

By partnering with rural doctors and Affordable Care Organizations (ACOs), Medical Innovation Holdings (OTC: MIHI) has turned the moribund telemedicine business model on its head to provide access to previously inaccessible specialty medical services.

Traditional telemedicine companies charge a monthly online subscription fee to join a network to access doctors on demand. Patients using this business-to-consumer (B2C) service are forced into a symptom-based medical approach with limited treatment options, since the doctor has no immediate access to diagnostic tests or patient records. The patient is responsible for the monthly subscription fee, as well as doctor charges, because insurance isn’t accepted. Patients pay more, receive less and have no continuity of care. In essence, these companies are contract service providers that deliver virtual physician interfaces and not genuine medical practices.

This is where MIHI stands apart from its peers. Employing its unique business-to-business (B2B) and B2C models, MIHI connects virtual health specialty doctors with primary care physicians and their patients, reducing cost while enhancing quality of care. Upon partnership with primary care doctors, MIHI provides the necessary tools for expanded patient care and the opportunity for physicians to expand their businesses. MIHI gives the primary doctor a full tele-cart workstation with comprehensive peripherals. When a patient electronically interfaces with a specialist in the local doctor’s office, the specialist has immediate access to multiple diagnostic tests and patient records in order to determine an appropriate course of action based on evidentiary findings.

To provide rural clinics unmatched efficacy and set a new standard in the marketplace, Medical Innovation has entered into an exclusive manufacturing supply agreement for customized NextGen telemedicine equipment that will fit the footprint of any doctor's office partnered with MIHI and support a blend of in-office and virtual visits (http://nnw.fm/2FeuN). The agreement with MDI Source, a 30-year veteran of the technology industry, will seamlessly couple MDI's hardware with MIHI’s EMR/PMS software solution.

MIHI doesn’t charge a subscription fee like other telemedicine companies but rather readily accepts insurance, including Medicare, Medicaid and the Veterans Choice Program. The company’s mission is being embraced by the medical community. As indication, MIHI recently engaged a new ACO in Florida, and another, in Georgia, is ready to come aboard, opening the door to over 1,000 new doctors.

Substantially expanding its market reach, MIHI also recently announced the launch of Telemedicos USA (http://www.TelemedicosUSA.com), a Spanish-language health care platform positioned to address the needs of the 58 million Hispanics living in the United States. Telemedicos USA provides the opportunity for MIHI to deliver its specialty services to a significant market demographic and provide needed services for those who are more comfortable in the Spanish language.

"This was a natural evolution for us. We purposefully positioned MIHI for this market because we understand the nuances of providing services to such an ethnically diverse group that make up the Hispanic community,” MIHI CEO Jake Sanchez stated in the press release.

To effectively manage rapid national deployment and maximize operational opportunities, MIHI appointed Kevin Swint to the position of chief operating officer (http://nnw.fm/mGE9V). A 25-year veteran in operations and senior leadership experience in the health and wellness industry, Swint will contribute his wealth of knowledge in IT, retail, health care and executive management to support the company's corporate vision. With tenures at Arthur Andersen, IDS Scheer, Canon Technology Solutions and IBM, Swint is also a certified professional in Healthcare Information and Management Systems (CPHIMS) and an active member of HIMSS.

"MIHI is well-positioned to drive new value for patients, providers and payers by increasing access to critical health and wellness services and products while seeking to bend the cost curve in pursuit of lower cost and improved outcomes for patients and their families," Swint stated in the news release announcing his appointment.

MIHI is also developing ancillary products and services that synergistically blend with its mission. The company is negotiating the purchase of a recognized nutraceutical company, pursuing CBD hemp oil therapies for distribution and developing insurance programs to cover alternative medical therapeutics. All of these products and services will dovetail into MIHI’s nationwide network, providing discounts to consumers and added revenue streams to both MIHI and its local physician partners.

Using a subscription-based business-to-consumer model, Teladoc (NYSE: TDOC) offers 24/7 access to U.S. primary care doctors and pediatricians. Patients receive symptom-based diagnoses when they use the service for non-emergency medical issues such as flu symptoms, ear infections or rashes. Insurance is not accepted, and, in addition to the subscription fee, patients are responsible for the doctor’s “encounter fee.” The fee the patient pays is typically less than the physician charges Teladoc. This means that Teladoc makes up the difference from its subscription revenue. Early in the telemedicine industry, the company has 11.5 million members and will likely be challenged to achieve its goal of profitability by 2018. With an all-time high of $37.55, Teladoc is trading around $32 per share. The stock surged 100% over the last year, carries a market capitalization of $1.8 billion and has a -20.77 P/E.

Physical therapy focused, eWellness Healthcare (OTCQB: EWLL) offers insurance reimbursable real-time distance-monitored treatments. The company's business model centers on licensing its PHZIO platform to physical therapy clinics across the U.S. and also as a monitored corporate wellness program. The company is developing marketing channel partnerships with industry association members, existing software-based telemedicine providers and physical therapy billing and practice management providers. Due to its real-time patient monitoring feature, the PHZIO platform is insurance reimbursable. The company has a market cap of $17.3 million, losing $0.24 per share, and a price earnings ratio of -55.

Evolent Health (NYSE: EVH) supports health systems and physician organizations in their migration toward value-based care, rewarding health care providers with incentive payments for the quality of care they give. Evolent provides an end-to-end, technology-enabled services platform for providers that processes and integrates services and enables providers to migrate their economic orientation from fee-for-service reimbursement to models that reward value-based payment models. The stock trades around $17 a share, down from its 52-week high of $27.50. The company has a $1.3 billion market cap and a -13.94 P/E.

The obvious elephant in the industry, UnitedHealth Group (NYSE: UNH) operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum. NowClinic, an Internet-based service of OptumHealth, allows consumers to select and interact with independent health care providers. Enrollment is free, and patients pay for 10-minute visits via credit card. Providing what may be deemed only peripheral primary care, NowClinic collects payment, keeps a portion and pays the doctor. There’s no continuity of care, as doctors set available hours and choose to accept or decline patient visits. Trading at all-time highs around $210, UNH has a market cap of just over $200 billion.

Telemedicine has been around in varying incarnations for nearly 20 years, yet millions of citizens still suffer with little to no critical care. History has shown preceding business models to be self-serving top-down systems that never really practiced community-based medicine. Only through the intelligent integration of telecommunications, information technology and local community-based care will telemedicine genuinely deliver on its long-standing promise. Far flung communities will then be healthier, and the companies that deliver on that promise will be amply rewarded.

For more information on Medical Innovation Holdings visit Medical Innovation Holdings, Inc. (OTC: MIHI)

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Evolution in Technology-Driven Medical Devices Booming Due To Significant Technological Advancements

October 26, 2017  By: Editor
Sector:  Healthcare



Palm Beach FL - Medical devices are expected to display notable growth in the coming years as a result of rising incidence of infectious diseases along with the rising popularity of non-invasive diagnostic practices. Various products available in the medical devices market are segmented into therapeutic devices, diagnostic and monitoring devices, and injury prevention and rehabilitation devices which are all expected to an exhibit excellent growth rate in the coming years as innovation and advancements in healthcare technologies pick up with a significant pace. According to Transparency Market Research, the future worth of the global diagnostic medical devices and mHealth monitoring market is to be around US$8 Billion in 2019. Its valuation in 2012 was around US$600 Million. If these figures hold true, the global diagnostic medical devices and mHealth monitoring market will exhibit a whopping CAGR of 43.30% between 2013 and 2019. Active healthcare stocks in news today include: BioSig Technologies, Inc. (OTC: BSGM), Intuitive Surgical Inc. (NASDAQ: ISRG), Mazor Robotics Ltd. (NASDAQ: MZOR), NuVasive Inc. (NASDAQ: NUVA), Baxter International Inc. (NYSE: BAX).

BioSig Technologies, Inc. (OTCQB: BSGM), a medical device company developing a proprietary platform designed to address an unmet technology need for the $4.6 billion electrophysiology (EP) marketplace, today announced that the Company has concluded a key part of the strategic planning project launched earlier this year in collaboration with Health Research International (HRI). Project goals included understanding and presenting the clinical relevance of BioSig’s technology, pricing strategies, and envisioning optimal applications of BioSig’s platform technology beyond EP.

As part of the study, HRI conducted a detailed survey of U.S. electrophysiologists primarily based in New York, Texas, Massachusetts, Florida, Pennsylvania and North Carolina. Among the factors interfering with effective ablations, the inability to record high quality unipolar signals and difficulty detecting small intracardiac signals were consistently reported. Read this and more news for BioSig Technologies at: http://www.marketnewsupdates.com/news/bsgm.html

Survey respondents rated all six features of PURE EP System as being ‘Very Helpful’ for their ablations, emphasizing overall noise reduction and improved signal clarity/accuracy as key benefits. Most respondents see signal clarity as paramount to the success of ablations and indicated interest in a technology that reduces ‘noise’. PURE EP System’s ability to shorten procedure time - including the ability to perform more complex ablations - was listed as its definitive economic benefit. These expected time savings were largely responsible for the attractive pricing recommended for PURE EP System.

“The two key factors impacting the successful adoption of a new technology are that it address an unmet need and that its ability to fill that need is fairly easily understood. According to our survey results, PURE EP System meets both criteria. The unmet need is interference with the signals that drive complex EP ablation procedures; the solution is PURE EP’s ability to eliminate most “noise” and waveform interference, thereby enhancing signal breadth and clarity, and reducing the time required to perform these procedures,” commented Suzanne Ratzloff, President of Health Research International, about the survey results.

“We are pleased with the results this study has delivered. Having seen the impact that Health Research International has had on product launches for many established companies in our sector, we knew we were working with a gold standard in strategic planning and market forecasting. We have seen a consistent response amongst the EP community, which has confirmed our expectations for the clinical relevance of PURE EP System. Furthermore, we have seen that the assessment of PURE EP features increased with the size of the respondent’s complex ablations caseload, suggesting a greater appreciation of PURE EP among busier EP labs. This is an excellent outcome during this pivotal point in our Company’s business development, ” said Kenneth Londoner, Chairman & Chief Executive Officer of BioSig Technologies, Inc.

In other healthcare industry news of note:

Intuitive Surgical Inc. (NASDAQ: ISRG) closed up slightly on Wednesday as was also up in afterhour trading. The company recently announced fiscal reports for the third quarter of 2017. For three months ended September 30, 2017, Intuitive Surgical's total revenue increased 18% to $806.1 million from $682.9 million in Q3 FY16. The increase was due to procedure growth and higher systems placements. Total revenue surpassed analysts' expectations of $752 million. During Q3 FY17, the Company's gross profit increased 16.3% to $566.8 million from $487.0 million in the same period last year. For the reported quarter, the Company's gross margin decreased 100 basis points to 70.3% of revenue from 71.3% of revenue in Q3 FY16. For the reported quarter, the Company's adjusted gross margin decreased 130 basis points to 71.7% of revenue from 73% of revenue in Q3 FY16. Read more here: https://finance.yahoo.com/news/earnings-review-free-research-report-115000878.html

Mazor Robotics Ltd. (NASDAQ: MZOR) closed Wednesday and was also up in afterhours trading. Earlier in the week, the company announced results of Mazor Robotics’ Renaissance Guidance System, powered by the proprietary Mazor Core™ technology, have a five-fold reduction in surgical complications and a seven-fold reduction in revision surgeries, compared to freehand-based minimally invasive lumbar fusion surgeries. “We believe that this is the first ever multi-center study to examine the effect of robotic-guided technology on clinical outcomes in spine surgery using the controlled tools of a prospective study,” said Ori Hadomi, Mazor's Chief Executive Officer. “The study’s results further validate the clinical superiority of Mazor’s technology and highlight the significant value proposition that Mazor provides for patients and surgeons. As the industry leader in this field for 16 years, it is rewarding to deliver such strong scientific evidence to the medical community.”

NuVasive Inc. (NASDAQ: NUVA) closed up over 8% on Wednesday with more than 4.1 million shares traded by the market close.. Earlier this week, the company announced it will highlight the Company's latest disruptive spine technology innovation at the North American Spine Society (NASS) Annual Meeting held October 25-28, 2017 in Orlando, Fla. At the event, NuVasive will also celebrate 15 years of leading lateral spine surgery with the Company's flagship XLIF procedure, highlighting its commitment to lead, expand and advance spine technology. "Now more than ever, NuVasive is expanding our portfolio with an unprecedented number of product launches covering spine's leading procedures, materials, expandables and systems," said Matt Link, executive vice president, strategy, technology and corporate development of NuVasive. "The NuVasive leadership team remains committed to furthering its investment in R&D and bringing both first-of-its-kind platforms and disruptive technology to market. Our comprehensive portfolio will continue to reflect the needs of our surgeon partners and provide better and more predictable outcomes for patients."

Baxter International Inc. (NYSE: BAX) last week shared updates regarding recovery efforts following the impact of Hurricane Maria on its Puerto Rico operations. While the company currently anticipates a reduction in revenue for fourth quarter 2017 as a result of the storm, the company expects to mitigate the related earnings impact through positive performance in other areas of the business. Baxter's three Puerto Rico manufacturing sites sustained minimal structural damage from the impact of Hurricane Maria, and limited production activities resumed across its facilities within one week of the storm. Manufacturing operations are being driven by diesel generators designed to power the facilities and satellite communications are also being used to restore connectivity and support plant operations. Baxter appreciates the support and assistance of local and national government agencies and is coordinating with infrastructure providers to advance restoration activities for power, communications and transportation.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty-four hundred dollars for news coverage of the current press release issued by BioSig Technologies, Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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Increasing Demand for Personal Skin Products Anticipated to Generate Continued Market Growth

October 24, 2017  By: Editor
Sector:  Healthcare



Palm Beach FL - According to a report issued by ReportLinker, the global Cosmetic Skin Care market was worth USD 130.7 Billion in 2016. The report predicts the global Cosmetic Skin Care market to grow with a CAGR between 4.7 % and 5.3 % from 2017 to 2023. Additionally according to the Professional Skincare Products market research information, a large number of Global Skincare Products companies are increasingly focusing on creative solutions with advanced cosmetic skincare products efficiency and features to improve risk evaluation for faster and effectual business operations. Developing news and events in the industry today are headlined by: Ulta Beauty, Inc. (NASDAQ: ULTA), Wal-Mart Stores, Inc. (NYSE: WMT), Trimax Corporation, Inc. (OTC: TMXN), Costco Wholesale Corporation (NASDAQ: COST), Target Corporation (NYSE: TGT)

Trimax Corporation, Inc. (OTC: TMXN) and its wholly owned subsidiary Saavy Naturals Inc., is pleased to announce the creation of a new line of quality cost effective body care products geared towards big-box retailers and their consumers.

Saavy Naturals Everyday is the company’s answer to repeated demands for a quality, all-natural body care line, that will set the bar for luxurious body care products that can be purchased at a cost conscience price. Saavy Naturals expects Saavy Naturals Everyday and its new soaps, lotions and bath bombs to be easily accessible to consumers under its own brand and marketing label at various big-box retailers over the next several weeks. Read this and more news for TMXN at http://www.marketnewsupdates.com/news/tmxn.html 

The Company is also pleased to announce the appointment of Beverly Hills, CA based Diversified Repackaging a/k/a US Merchants (“USM”) as their exclusive representative for the branding, marketing, packaging and distribution to Walmart® for the Saavy Naturals Everyday product line.

US Merchants packages and distributes popular consumer products onto palletized displays. Their products are carried by national retailers such as Costco Wholesale Corporation (NASDAQ: COST), Sam’s Club®, B.J.’s® Wholesale Clubs, Wal-Mart Stores, Inc. (NYSE: WMT) and Target Corporation (NYSE: TGT). The company also manufactures a popular line of plastic consumer storage containers under the Greenmade™ brand name that are sold at major retailers across the United States. As a vertically integrated company, USM’s success was forged in part because the company offers customers a turnkey solution that includes everything from package and graphic design to manufacturing and distribution. This enables them to offer clients a superior level of quality and service. Over the years, the company has built strong relationships with retail buyers and executives, who rely upon USM not only for services, but also for advice about nearly every aspect of retailing, packaging and distribution. Today, USM operates from a corporate office located in Beverly Hills, CA, and five manufacturing, packaging and distribution facilities throughout North America

In other Skincare market activity of note from around the industry:

Ulta Beauty, Inc. (NASDAQ: ULTA) is the largest beauty retailer in the United States. It operates 1,010 retail stores in 48 states and the District of Columbia. “Ulta Beauty is revolutionizing the beauty experience for all by providing all things beauty in one place, said Casey Foxen, who manages all grand openings for Ulta Beauty. “We are truly a premiere beauty destination for Bartlesville, and our Ulta Beauty experts are ready to help guests explore and lose themselves in the world of beauty.” Ulta Beauty offers makeup, skincare, fragrances, hair car, professional hair tools, nail and the Ulta Beauty Collection, which includes makeup, skincare, bath/body and haircare.

Costco Wholesale Corporation (NASDAQ: COST) is now carrying a Korean beauty product that's already a cult fave — Mizon's All-in-One Snail Repair Cream. The All-in-One Snail Repair Cream is formulated with 92 percent snail extract, and according to Peach and Lily, it "hydrates, helps improve the appearance of fine lines, and helps reduce the appearance of acne scarring and blemishes." They also say that it's ideal for oily and acne-prone skin types, but those with drier skin can use it as well, as long as a moisturizer is applied directly after.

Wal-Mart Stores, Inc. (NYSE: WMT) is expanding its program to clean up the products it sells, setting a 2022 target for reducing potentially harmful substances and widening the list of chemicals it wants to avoid. The world’s largest retailer aims to reduce the chemicals in products such as household cleaners, cosmetics, skin care and infant items by 10 percent by then, according to a company statement Wednesday. It’s also added some fragrance allergens to its so-called priority list of substances it wants to remove from goods. The new goal is the latest in the retailer’s efforts to respond to consumers seeking greener products and more information about what’s in them.

Target Corporation (NYSE: TGT) has been leading the pack in natural beauty offerings for years. Since its 2010 exclusive launch of SheaMoisture's hair-care line the store has focused heavily on differentiating its beauty offerings from other drugstore competitors by integrating lesser known, mid-priced brands into its offerings, focusing especially on those with natural beauty messages. Brands that have become segment staples, like S.W. Basics, W3ll People, Fig + Yarrow, Pacifica and natural deodorant megabrand Schmidt's have all increased their profile, thanks to prominent placement in Target's roster.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated forty-four hundred dollars for news coverage of the current press releases issued by Trimax Corporation, Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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Latest Innovation of Workforce Engagement Management Boosting Gig Economy Opportunities

October 19, 2017  By: Editor
Sector:  Technology



New York, NY, October 19, 2017 - Today more than ever, companies rely on the energy, commitment and engagement of their workforce in order to survive and thrive in the twenty-first century. More and more organizations are seeking a new way of interacting with and managing their workforce. With the rise of the gig economy, more individuals are working on a temporary versus permanent basis such as for freelance contractors, for retail, restaurant and hospitality companies as variable hour employees, or simply for themselves. The emergence of the so-called intermittent workforce is a full-fledged paradigm shift as there seems to be a transformation continuing as employers manage full-time employee labor expense and workers spanning different generations seeking greater lifestyle flexibility. Companies with focus on the growth and opportunity the gig economy offers include: ShiftPixy, Inc. (NASDAQ: PIXY), Google. (NASDAQ: GOOG), GrubHub Inc. (NASDAQ: GRUB), Paychex Inc (NASDAQ: PAYX) and Wal-Mart Stores, Inc. (NYSE: WMT)

ShiftPixy, Inc. (NASDAQ: PIXY), a next-gen technology platform for workforce engagement and management, today announced that the company will host an executive breakout session at the upcoming Fast Casual Executive Summit 2017 in Nashville, October 22-24. The panel discussion, moderated by ShiftPixy’s Co-Founder and CEO Scott Absher, will dive into the art of finding, training and retaining talent in the restaurant industry.

The session, entitled “Creating the Ultimate Workforce,” is being held at the Omni Nashville Hotel, on Monday, October 23rd, at 11:00 a.m. CT. Absher will be joined for the session by Steve Erickson, President of PDQ Restaurants; Frank Klein, Founder and CEO of Asian Box; David Littlefield, Director of Hospitality and Training, Billy Sims BBQ; and Andrei Stern, Partner and CFO of SuViche. Read this and more news for ShiftPixy at http://www.marketnewsupdates.com/news/pixy.html

“ShiftPixy now counts among its new clients some of the largest brands in fast food and fast casual. More and more of the largest brand operators are learning about the ShiftPixy approach and are coming aboard,” said Absher. “We love being able to introduce ShiftPixy at venues like this, speaking to brand leaders and multi-unit fast casual operators about our innovative solution for meeting the changes and challenges they are facing with the modern workforce.”

Additional Gig Economy developments from around the markets:

GrubHub Inc. (NYSE: GRUB) faced one of its former drivers in court back in September, which could set a precedent for future cases around the 1099, gig economy. The trial, which is the first of its kind in California, looks to answer the question many in the tech industry have had for years: Should a worker for on-demand companies be classified as an independent contractor or as a W-2 employee? Read more at: https://www.bna.com/grubhub-wage-trial-n57982088183/

Paychex Inc (NASDAQ: PAYX) recently reported on the rise of portable benefits in a Gig Economy - There are two contradictory facts at play today: (1) most benefits are tied to employment, and (2) a growing number of people aren't working as employees, and instead are independent contractors in the gig economy. According to a 2016 study, “The Rise and Nature of Alternative Work Arrangements in the United States, 1995-2015,” 94 percent of net employment growth in the U.S. between 2005 and 2015 occurred in the gig economy. Read more at https://www.paychex.com/articles/human-resources/rise-of-portable-benefits-in-gig-economy

The Internet giant Google (NASDAQ: GOOG) announced earlier this year that it will be investing $50 million in helping people ‘prepare for the changing nature of work’. Google said that it will “….support nonprofits who are taking innovative approaches to tackling this challenge in three ways: (1) training people with the skills they need, (2) connecting job-seekers with positions that match their skills and talents, and (3) supporting workers in low-wage employment. We’ll start by focusing on the US, Canada, Europe, and Australia, and hope to expand to other countries over time.” Google has pledged the money to non-profits and other organizations across Europe and the US, backing research into the changing nature of work and helping to ensure ‘under-served people’ have the ‘skills and connections they need to secure new jobs’.

Wal-Mart Stores, Inc. (NYSE: WMT) Gig focus: The world's largest retailer is holding it annual investment community meeting in Bentonville, Ark., where executives also outlined plans to reduce the number of new store openings and shift more resources into building up its ecommerce business and digital technology stack. "We have a plan that plays to our unique strengths," said Walmart CEO Doug McMillon, citing the company's massive brick-and-mortar footprint. "We are well positioned to win the future of retail and I wouldn't trade places with anyone." McMillon said Walmart's ecommerce business will continue to incorporate Jet.com's basket economics strategy, which stresses logistics and supply chain to reduce costs. In terms of online and last mile delivery, McMillon said the gig economy and store associates will play a significant role going forward.


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Telemedicine: Reducing the Costs While Enhancing the Quality of Health Care

October 18, 2017  By: Editor
Sector:  Healthcare



New York, NY, October 18, 2017 - Nature’s impact on health care can’t be overstated in light of the nation’s recent spate of natural disasters that have battered Texas, Louisiana, Florida and California. Residents in these states face incredible challenges when it comes to finding proper medical care, but it’s not just during times of natural disaster that people need access to quality health care. It is also an everyday problem for millions of Americans living in rural regions designated as “medically underserved.” Telemedicine offers solutions that can make a significant difference to location-based health care challenges by offering access to services regardless of an individual’s location. Several companies offering telemedicine solutions are Medical Innovation Holdings, Inc. (OTC: MIHI), Teladoc, Inc. (NYSE: TDOC), Cigna Corporation (NYSE: CI), Anthem, Inc. (NYSE: ANTM) and UnitedHealth Group, Inc. (NYSE: UNH).

In its 2017 Leadership survey, The American Telemedicine Association (ATA) reported an increasing demand for telehealth care services, with 98 percent of telemedicine executives stating that organizations offering telemedicine have a competitive advantage over those that do not (http://nnw.fm/29NLg). The report, based on 171 respondents in executive leadership positions representing telehealth service providers, health care practices, and hospital systems, offers an overwhelmingly optimistic view for the future of the telehealth industry. This positive attitude is based not on wishful thinking, but on the undeniable fact that patient-centered health care and electronic health record (EHR) interoperability is becoming a critical piece of the nation’s health information network.

In its “State of Telemedicine Report Reassessed for 2018,” health care brand strategy consulting and marketing communications firm Brandigo also reports that telemedicine is one of the fastest growing sectors in the overall health care market. The industry is on track to grow from $25.5 billion in 2015 to $57.92 billion by 2020, with a compound annual growth rate of nearly 18 percent over the next five years (http://nnw.fm/G7mxa). Educating patients on how to use this valuable resource will make a sizeable difference in how fast and how far the industry grows.

Colorado-based Medical Innovation Holdings (OTC: MIHI) is quickly becoming a vital part of this expanding virtual health care industry. MIHI owns and operates strategically aligned health care service companies focused on the delivery of clinical virtual medicine, also known as telehealth and telemedicine. Through its wholly owned subsidiaries, MIHI provides personalized high-tech, high-touch telemedicine encounters pairing its virtual health specialty doctors with primary care physicians. This synergy of forces includes the use of nextgen virtual health technologies that connect a patient with a multi-disciplinary specialty clinical health care practice (http://nnw.fm/c1Gyd).

MIHI also provides ancillary products and services that improve health, provide product choices, and increase engagement and revenue. These services include lab, nutraceuticals, prescriptive medicine, and remote diagnostic support. The company’s recent launch of Telemedicos USA, a Spanish-language health care platform positioned to address the 58 million Hispanics living in the United States, is addressing another immediate, glaring health care need (http://nnw.fm/Aap7E), and demonstrates the company’s ability to recognize a market opportunity and execute a plan to meet industry demand.

“This was a natural evolution for us. We purposefully positioned MIHI for this market because we understand the nuances of providing services to such an ethnically diverse group that make up the Hispanic community,” MIHI CEO Jake Sanchez stated in the news release. “We have a Mexican-American CEO, two of our three board members are Hispanic (Mexican American and Colombian), and some of our largest shareholders are Panamanian, Puerto Rican and Cuban. We know the Hispanic community, and the community knows us.”

Telemedicos USA will use primary care, on-demand telemedicine services to provide unparalleled access to health care, including pharmaceuticals, alternative medicines and patient portals to create a cloud-based electronic medical record that effectively “travels with the patient.”

MIHI’s vastly different approach stands out from a growing field of telemedicine providers by delivering virtual telemedicine with a unique, customized software and hardware platform. Through its MSO, 3PointCare, MIHI’s telemedicine approach is unlike other providers who rely on a monthly subscription with patients required to pay an encounter fee every time an on-demand physician is utilized. Under that approach, the continuum of care is broken, insurance may not be accepted, symptom-based diagnoses are the only reference, and there is no certainty the patient is being cared for by a licensed practitioner, changing the relationship from an actual medical practice to a contract service delivering virtual care.

Under MIHI’s visionary approach and through its 3PointCare, doctors are deployed through an established medical practice without requiring a subscription fee. The company works with anyone covered by insurance, including Medicare and Medicaid, in a partnership with the patient’s primary care physician. Deductibles can be captured, which allows patients to take advantage of medical tax deductions, since MIHI utilizes an integrated software application that enables the processing of insurance claims so that doctors are paid for their services.

The company’s TeleLifeMd, a multi-disciplinary specialty health care practice with strong experience in telemedicine, primarily delivers patient medical care, while 3PointCare has a unique and exclusive relationship with the service. It is a well-rounded, reliable method of providing all levels of service needed by a medical practice seeking telemedicine options. From providing telemedicine hardware and software products and support, to processing claims, paying all invoices and payroll incurred by TeleLifeMd, as well as any other service required to operate the practice, the continuum of care remains unbroken providing a critical connection between patients, medical providers, and health care specialists.

Another telehealth company opening its virtual doors to patients is Teladoc (NYSE: TDOC). The company’s network of more than 3,100 members delivers on-demand health care to millions of patients via mobile devices, the Internet, video and phone. Teladoc members recently announced free consultations to victims of Hurricane Harvey, whether they were members of the service or not. The company said in a press release it would provide non-emergency medical care to those people displaced from their regular doctors and routines (http://nnw.fm/272lJ).

The idea that large health care organizations can offer real-time help through telemedicine is taking shape in other ways. Cigna (NYSE: CI), one of the nation’s largest managed-care organizations with a little over 14 million medical members, recently reached out to victims of the mass shooting in Las Vegas, offering online support services for anyone affected by the tragedy in any way (https://www.cigna.com). Cigna typically provides health insurance services to individuals mainly through the group or employer market. Cigna is a leader in the commercial self-funded fee market and participates in other insurance and retirement businesses.

Prior to the approach of Hurricane Irma in September, Anthem (NYSE: ANTM) announced that it would also offer free online medical and psychological visits to anyone impacted by the natural disaster (http://nnw.fm/jikF8). With approximately 40 million members, Anthem is one of the largest managed-care organizations in the United States. The company provides health insurance services to more than 74 million people through its affiliated companies.

UnitedHealth Group (NYSE: UNH) provides health insurance services to about 46 million medical members. The company provides health insurance services to its members through products for every major insurance market and delivers back-office services to providers through its Optum segment. UnitedHealth Foundation supports telemedicine services through a variety of methods, including offering grants to community initiatives developing new health care technologies (http://nnw.fm/3yW13).

Telemedicine continues to be one of the fastest growing sectors in the overall health care market, with most employers either in the planning stage of offering the service or already providing it to employees. This type of health care delivers new options to patients via a virtual encounter with qualified medical professionals. Telemedicine allows patients to have a continuous conversation with their primary care physicians, keeping patients more satisfied, while enabling physicians to gain a greater share of health care revenue. Online consultations with specialty care physicians are another important benefit of the rise in telemedicine, as are what some may call “curbside” consults for patients living in extremely rural parts of the country, according to an article in Forbes (http://nnw.fm/j7fSN).

Reducing the cost of health care while simultaneously increasing the quality of care and improving access to health services for millions of people will take a unique, forward-thinking vision made possible by companies that are strategically forging ahead as telemedicine pioneers. Natural disasters aren’t the only time when telemedicine is destined to shine. It is in the everyday, individual approach to helping people live better, healthier lives by connecting them with medical providers who want to take a more comprehensive, continuous role in patient care.

For more information on Medical Innovation Holdings, please visit: Medical Innovation Holdings (MIHI)

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Latest Innovative Technological Advancements Fueling Tremendous Growth in Social Media Market

October 17, 2017  By: Editor
Sector:  Technology



Palm Beach, FL -- Social media has become essential in modern society and according to Ameri Research Inc., the continued growth is very evident with estimated revenues of 13 billion USD in 2016 and is still expected to grow at a CAGR of 21.29% till 2024. Rapid development in innovative apps and social network platforms, online media marketing and a continually increasing number of users are all part of the major growth factors for social media industry. The social media market is one of the core emerging fields for technological innovation as the growth of the industry has impress many on Wall Street and is forecasted to continue to show positive numbers Active companies in the cannabis market today include: Findit, Inc. (OTC: FDIT), Facebook, Inc (NASDAQ: FB), Twitter Inc. (NYSE: TWTR), Snap Inc. (NYSE: SNAP), Microsoft Corporation (NYSE: MSFT)

Findit, Inc. (OTC: FDIT) a Nevada Corporation which owns Findit.com rolled out several key features the past 2 weeks. The updates were done in the App and on Findit.com. The App is now available in the Apple® App Store and the Google Play Store. With the recent launch of the App, Findit has a list of features the team is developing that will improve its members experience that could result in an increase in their visibility and interactions on Findit, outside search engines that include Google, Yahoo and Bing - a Microsoft (NASDAQ: MSFT) company - along with social and bookmarking sites that include Facebook (NASDAQ: FB), Google + and Twitter (NASDAQ: TWTR).

One of the new features to Findit Right Now App is the inclusion of members that are following you. Members on Findit can now see who is following them and who is following other members. People are use to seeing this feature on Twitter and in Facebook and Findit knew it had to add it to provide our members and visitors more ways to find each other and connect.

Peter Tosto stated "We always knew we needed to have this feature. But we accelerated the process when we saw a review in Google Play Store from a member who downloaded the App and was discouraged it was not available. The feature is now on the App and has been on the website. This ought to result in people spending more time on the App as people tend to click to see who is following who and then add them as followers as well." Read this entire release and more news for Findit, Inc. at: http://www.marketnewsupdates.com/news/fdit.html 

… Adding Followers into the navigation of the App now provides members the ability to click on Followers screen name and check out what they are posting. This will increase interactions between members. This feature is similar to users, like ourselves, of Facebook, Twitter and Instagram, when the profiles are not set to private. Snap, Inc “Snapchat” (NASDAQ: SNAP) does not allow you to view who is following someone else. Findit believes that by having an open platform and allowing people to view and interact with one another easier, people can connect much quicker than on several other Apps. We do have blocking available if a member does not want to see someone's posts. The follower's addition will help to get members and non-members clicking around Findit and seeing more member content from the members About page and scrolling through their Right Now feed. Overall we expect this to increase the amount of time visitors spend on Findit as they peruse Findit posts…

… Findit Paid For Services: Findit is a free platform that anyone can use that offers paid for services. These paid for services as the Findit brand grows are very useful to current members utilizing them. They include Findit URLs, submitting to Findit search web pages you want indexed, promoting posts in Findit to Findit's social accounts on Twitter, Facebook, Google + and other bookmarking and social sites and Findit's news and press release distribution services. Download the Findit App for IOS devices here Apple App Store - Download the Findit App for Android at Google Play Store

In other industry news and developments from around the social media sector:

It has been reported that Facebook, Inc (NASDAQ: FB) has acquired the anonymous social networking app tbh for an undisclosed amount, and intends to continue to operate it as a standalone app. The acquisition was first reported by Techcrunch Monday, which put the acquisition price at around $100 million. tbh allows users to create polls based set questions, including “who makes you laugh the hardest” and “who has the best smile.” Users then select up to four contacts from their address book. The sender of the poll remains anonymous, unless she or he decides to reveal their identity. Read the full article at http://variety.com/2017/digital/news/facebook-tbh-acquisition-1202591348/

In a recent article from recode, it’s been more than two weeks since Twitter Inc. (NYSE: TWTR) has given some users the option to send longer character tweets, and guess what? Twitter is fine. When Twitter announced that it was testing longer tweets — some users now have 280 characters to say whatever is on their mind instead of the traditional 140 characters — you would have thought Twitter was forcing people to drink Soylent for the rest of their lives. People freaked out. All was terrible. Except not. The company seems fine. Twitter’s stock price is up, no celebrity users have abandoned Twitter as a result, and there don’t appear to be any embarrassing Twitter memes still circulating that roast the company for the test. Read the full article at: https://www.recode.net/2017/10/14/16473992/twitter-280-140-longer-tweets-jack-dorsey

Snap Inc. (NYSE: SNAP) - Snapchat is more popular among U.S. teens than ever, according to new research from investment firm Piper Jaffray. The company surveys teens in the U.S. about their media habits every spring and fall. This fall’s survey found that 47 percent of surveyed teens say Snapchat is their preferred social media, up from 39 percent in the spring. Way back in the spring of 2015, Snapchat was their least preferred social media platform. And Instagram hasn’t been the most popular platform since 2015, according to the survey data.

Microsoft Corporation (NYSE: MSFT) made a move into the social media arena last year by acquiring Linkedin in a $26.2 Billion dollar cash deal. The acquisition was considered the largest in the Company's history that united two major companies in different businesses. It was recently reported LinkedIn is rolling out video ads, which will be displayed as standalone posts, as opposed to pre-roll or mid-roll ads, with a “Promoted” label, Recode reports. Video ads will auto-play without sound, and are currently only being tested on mobile. Select advertisers are part of the soft launch, and the company plans to roll out video ads to all brands in the first half of 2018.

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Biotech Sector Notches Impressive Year-to-Date Returns With Positive Outlook for Development of New Drugs and Therapies

October 16, 2017  By: Editor
Sector:  Biotechnology



Palm Beach, FL -- The IShares Nasdaq Biotechnology (IBB) is up over 24% in 2017 and the growth in development of new treatment and therapy needs, as well as the ongoing and increasing need for the newest biotech drugs as Baby Boomer generation continues to age, are growth drivers for the positive outlook in the biotech industry over the long term. Many industry professionals believe overall gains in health care and pharma sectors have helped lift major indexes higher pointing to continued gains for companies such as: Moleculin Biotech Inc. (NASDAQ: MBRX), Endocyte Inc. (NASDAQ: ECYT), Rigel Pharmaceuticals Inc. (NASDAQ: RIGL), Arbutus Biopharma Corporation (NASDAQ: ABUS) and Zogenix Inc. (NASDAQ: ZGNX)

Moleculin Biotech, Inc., (NASDAQ: MBRX), a clinical stage pharmaceutical company focused on the development of anti-cancer drug candidates, some of which are based on license agreements with The University of Texas System on behalf of the M.D. Anderson Cancer Center, today announced that it has entered into an agreement to conduct its clinical trial to study Annamycin for the treatment of acute myeloid leukemia (AML) with the first of several hospitals desiring to be treatment centers.

“Now that our IND (investigational new drug) application is approved, the race is on to open treatment centers and begin recruiting patients," commented Walter Klemp, Chairman and CEO of Moleculin. “We have identified 14 treatment sites that meet our criteria and have expressed an interest in participating, so there will be much more of this to come.” Read this and more news for Moleculin Biotech at: http://www.marketnewsupdates.com/news/mbrx.html 

“This first facility is a hematology clinic in a major hospital in Poland,” continued Mr. Klemp. “Because of the difference in process in Poland compared with the US, we were able to get this site signed up very shortly following the approval of our IND. We anticipate announcing additional sites over the coming months.”

Moleculin entered into this first agreement with a hospital in Poznan, Poland (Hospital of the Transfiguration of the Lord – Medical University in Poznan, Department of Hematology and Marrow Transplantation). The ability to treat patients in this and other Polish sites will require a separate regulatory approval in Poland based on the approved US IND. This is one of seven planned treatment sites in Poland.

In other biotech market developments and positive performances:

Endocyte Inc. (NASDAQ: ECYT) close up over 157% on Monday trading more than 53 million shares by the market close. ECYT was also up in afterhours trading yesterday. The company announced this week the completion of an exclusive worldwide license of PSMA-617 from ABX GmbH. Endocyte intends to move quickly into Phase 3 development of 177Lu-PSMA-617, a radioligand therapeutic (RLT) that targets the prostate-specific membrane antigen (PSMA), present in approximately 80% of patients with metastatic castration-resistant prostate cancer (mCRPC). 177Lu-PSMA-617 delivers the short-range beta-emitting radioactive isotope lutetium (177Lu) selectively to tumor cells while by-passing non-PSMA-expressing healthy cells with encouraging efficacy and safety results. As highlighted in roughly 20 peer reviewed publications of studies in the post-chemotherapy compassionate use setting, 177Lu-PSMA-617 has consistently demonstrated a PSA response (defined as greater than 50% decline from baseline) in 40% to 60% of patients, and a RECIST response rate in soft tissue disease of between 40% and 50%.

Rigel Pharmaceuticals Inc. (NASDAQ: RIGL) closed up over 32% on Monday trading over 12.6 Million shares by the market close. The company announced that during the company's mid-cycle meeting with the U.S. Food and Drug Administration (FDA) the FDA indicated that, at this point, it is not planning to hold an Oncology Drugs Advisory Committee (ODAC) meeting to discuss the New Drug Application (NDA) for fostamatinib in patients with chronic or persistent immune thrombocytopenia (ITP). Additionally, the FDA indicated that it anticipates meeting the Prescription Drug User Fee Act (PDUFA) action date for the application review, which is April 17, 2018. In an earlier communication, the FDA had conditionally approved the proprietary name TavalisseTM. "Since we submitted our NDA this spring, we have worked collaboratively with the FDA to answer routine questions as they arise," said Anne-Marie Duliege, MD, executive vice president and chief medical officer of Rigel. "Our positive interactions with the FDA, including their customary biomedical monitoring (BIMO) inspections at our facilities and clinical sites, are in-line with our expectations and have progressed well.

Arbutus Biopharma Corporation (NASDAQ: ABUS) closed Monday up over 16% on over 1.7 million shares traded by market close as was also up in afterhours trading. Arbutus Biopharma, an industry-leading Hepatitis B Virus (HBV) therapeutic solutions company, announced last week topline results of the bi-weekly dosing segment of Cohort 4 of the Phase II study of its RNAi agent, ARB-1467. In the bi-weekly dosing segment of Cohort 4, twelve HBeAg negative chronically infected HBV patients on stable nucleotide therapy were given five doses of ARB-1467 on a bi-weekly dosing schedule. All twelve patients in Cohort 4 experienced reductions in serum HBsAg levels, with an average reduction in serum HBsAg of 1.4 log10, which was greater than that observed with monthly dosing in Cohorts 1-3. Seven of the twelve patients met the predefined response criteria (at least 1 log10 reduction in serum HBsAg level and a serum HBsAg level below 1000 IU/mL) at or before day 71.

Zogenix Inc. (NASDAQ: ZGNX) came to a close up over 10% on Monday with over 11.2 million shares traded on the day. The company recently announced positive top-line results from its first Phase 3 trial (Study 1) for its investigational drug, ZX008 (low-dose fenfluramine hydrochloride), for the treatment of Dravet syndrome. The trial met its primary objective of demonstrating that ZX008, at a dose of 0.8 mg/kg/day, is superior to placebo as adjunctive therapy in the treatment of Dravet syndrome in children and young adults based on change in the frequency of convulsive seizures between the 6-week baseline observation period and the 14-week treatment period (p<0.001). ZX008 0.8 mg/kg/day also demonstrated statistically significant improvements versus placebo in all key secondary measures, including the proportion of patients with clinically meaningful reductions in seizure frequency and longest seizure-free interval. The same analyses comparing a 0.2 mg/kg/day ZX008 dose versus placebo also demonstrated statistically significant improvement compared with placebo.


DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated thirty-nine hundred dollars for news coverage of the current press release issued by Moleculin Biotech Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.


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Biometrics Infusion into Blockchain Technology is Pushing Mobile Payments and Bitcoin Industries to New Levels

September 27, 2017  By: Editor
Sector:  Technology



Palm Beach, FL -- The blockchain has proven to be an ingenious invention. The innovation of permitting digital information to be distributed but not copied, blockchain technology is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. Active companies in the markets today include: NovaTeqni Corporation (OTCQB: NVTQF) (TSX-V: NTQ), HIVE Blockchain Technologies LT (TSX-V: HIVE), BTL Group Ltd (TSX-V: BTL) (OTC: BTLLF), Bitcoin Services, Inc. (OTC: BTSC), MGT Capital Investments, Inc. (OTC: MGTI)

NovaTeqni Corporation (OTCQB: NVTQF) (TSX-V: NTQ.V) is pleased to update shareholders with the activities of the Company over the last few months. The previously announced Mobizent deal is being fulfilled with testing of MobiCONNECT and development of the biometrics enabled mobile MobiCHK II computer is in full progress. Both products are aimed at the law enforcement sector in the United States and elsewhere.

NovaTeqni has also progressed its range of Pre-paid off Grid Solar Power Packs for homes and small businesses. The Nova Solar Power Systems have online data connectivity allowing easy pay-as-you-go top up and telemetry for efficient remote support. This makes the purchase cost much lower for home owners who then pay for electricity as and when it is required on a pay-as-you-go basis. The cost effective system will be especially useful in areas such as Africa where many millions of homes in rural areas and small towns have no grid connected power. It is anticipated that a micro credit facility will allow users to obtain power on credit in certain cases, this is a feature able to be provided via the online connectivity of the system. The small business system is able to provide power to small businesses, schools, clinics, etc. These systems will be able to power a DC operated water filter system as well as a fridge, TV with satellite receiver, lights and small computers. This sector is receiving considerable investment attention. NovaTeqni has to date supplied close to 10,000 of its low power solar power kits to entities including the United Nations (UN).

Additionally, the company has been reviewing blockchain technologies that would be synergistic to Novateqni's existing business verticals. The markets for blockchain can be anywhere from biometrics based payments and secure money transfer to voter registration, voting and voter verification. It is also potentially useful for pre payments for utilities and services.

Gerhard Mynhardt, CEO of Novateqni stated, “We are very pleased to be completing the work for Mobizent and the team is working hard on growing our presence in our areas of expertise.”

In other industry news and market performance of note:

HIVE Blockchain Technologies LT (TSX-V: HIVE) annouced recently it has entered into an agreement with a syndicate of underwriters led by GMP Securities LP, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 20 million common shares of the company at a price of $1.50 per share, for aggregate gross proceeds of $30-million. The president's list is expected to make up 25 per cent of the purchase. In connection with the offering, the company may pay a cash fee of up to 6 per cent of the gross proceeds of the offering, payable at closing. The offering will take place by way of a private placement to accredited investors in such provinces of Canada as the underwriters may designate, and otherwise in those jurisdictions where the offering can lawfully be made on a private placement basis. All shares issued under the offering will be subject to a four-month-and-one-day hold period from the date of issue in accordance with applicable securities laws in Canada, and potentially additional restrictions under the laws of other jurisdictions in which the offering may be made.

BTL Group Ltd (TSX-V: BTL) (OTC: BTLLF) announced last month the successful launch of the DX Beta version ("Beta") of its proprietary blockchain platform, Interbit. The Beta sets the goal of demonstrating the developer experience of interacting and building applications directly on Interbit and brings the platform one step closer to being launched in a live commercial environment. Beta is being distributed to a number of selected partners who will be providing critical feedback. "This is the first time BTL clients and partners have been able to put Interbit directly in the hands of their technical teams, rather than through BTL's development team, and marks a major milestone in Interbit's continued development," said Guy Halford-Thompson, BTL's CEO. "I would like to congratulate the entire development team on achieving this milestone, as well as the business teams who have supported them."

Bitcoin Services, Inc. (OTC: BTSC) are Internet based to the consumer and consist of two separate streams, bitcoin mining and blockchain software development. The company's principal products and services are the mining of bitcoins, and the development and sale of blockchain software. On August 10, 2017, the company announced that it launched a new corporate website. In addition, Bitcoin Services Inc. has created a new subsidiary Crypto Capital Corp that will develop a new Crypto currency wallet. The wallet will let users safely store multiple digital currencies in one wallet. Bitcoin Services Inc. would also like to congratulate all Bitcoin users for reaching a historic all-time high on August of 2017.

MGT Capital Investments, Inc. (OTCQB: MGTI) announced this month that it had increased its purchase order with Bitmain Technologies for an additional 500 S9 Antminer Mining rigs, with shipment expected in mid fourth quarter 2017. Following shipment and setup, and in conjunction with the Company's current rigs in operation, MGT's Bitcoin mining operations are expected to generate approximate $1.4 million in monthly revenue, assuming current pricing and difficulty rates. Factoring in electricity, hosting and other direct operating costs, EBITDA from the Company's Bitcoin mining operations is projected at $1.0 million per month, prior to amortization of notes payable.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU expects to be compensated twenty-three hundred dollars for news coverage of the current press release issued by NovaTeqni Corporation by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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Few Biotech Stocks Keep Momentum Going With Key Developments and FDA Approvals

September 26, 2017  By: Editor

Sector:  Biotechnology


Palm Beach, FL -- One attractive position with regards to the biotech industry is that there are practically always a few industry leaders on weekly basis that are achieving new milestones and accomplishing key developments to keep the sector hot with positive growth. Biotech and Pharma stocks have performed well this year, surging impressive percentages and recent key events and latest FDA approvals could fuel additional momentum in one market's top indexes this year. Active companies in the biotech sector and drug development industry with key developments include: Moleculin Biotech, Inc. (NASDAQ: MBRX), BioCryst Pharmaceuticals Inc. (NASDAQ: BCRX), AcelRx Pharmaceuticals Inc. (NASDAQ: ACRX), Marinus Pharmaceuticals Inc. (NASDAQ: MRNS), Novavax Inc. (NASDAQ: NVAX).

Moleculin Biotech, Inc. (NASDAQ: MBRX) Announces FDA Approval of Annamycin IND – Moleculin, a clinical stage pharmaceutical company focused on the development of anti-cancer drug candidates, some of which are based on license agreements with The University of Texas System on behalf of the M.D. Anderson Cancer Center, today announced that the Food and Drug Administration (FDA) has advised Moleculin it may begin clinical trials of Annamycin in the treatment of relapsed or refractory Acute Myeloid Leukemia (AML). FDA’s determination came after the agency completed its safety review of information and a proposed protocol submitted by Moleculin in an Investigational New Drug application (IND).

“This represents a tremendous milestone for Moleculin," commented Walter Klemp, Chairman and CEO of Moleculin. “Our primary focus has been to get Annamycin back into the clinic so we can begin optimizing the dosing of the drug as the next step in evaluating its potential to become the first 2nd line therapy suitable for the majority of relapsed or refractory AML patients. It is a thrill to now refer to Moleculin as a ‘clinical stage’ company.” Read this and more news for Moleculin Biotech at: http://www.marketnewsupdates.com/news/mbrx.html

Dr. Don Picker, Chief Science Officer for Moleculin, added, “We are grateful for the FDA’s thorough and comprehensive review of our IND, and for the manner in which they worked with us to address some key technical issues in the area of Chemistry, Manufacturing and Control.”

Moleculin’s Chief Medical Officer, Dr. Robert Shepard, added: “Responding to comments from the FDA, we have adopted additional patient safeguards that will be implemented while we seek to establish the ‘Recommended Phase 2 Dose.’ This will include reporting interim safety data to FDA before allowing US patients to progress beyond initial agreed-upon dosing limits. After seeing indications of what Annamycin may be capable of from earlier clinical trials, I made it a career goal to get the drug back into the proper clinical trials to determine its potential.” The US IND going into effect also allows Moleculin to make a submission to Polish authorities necessary for the planned Annamycin clinical trial to also be conducted in Poland.

In other biotech/big pharma achievements and developments in the markets:

BioCryst Pharmaceuticals Inc. (NASDAQ: BCRX) - closed up slightly on Monday at $5.26 with over 1.3 million shares traded on the day. The company recently announced that the U.S. Food and Drug Administration (FDA) has approved a supplemental New Drug Application for RAPIVAB (peramivir injection), an intravenous (i.v.) neuraminidase inhibitor, extending its availability for the treatment of acute uncomplicated influenza to pediatric patients 2 years and older who have been symptomatic for no more than two days. The pediatric approval was based on the interim analysis of an ongoing pediatric clinical study. Those results will be presented at the upcoming ID Week 2017 meeting in San Diego. “This approval represents the first new influenza antiviral for pediatric use in over 10 years,” said Jon P. Stonehouse, President & Chief Executive Officer. “RAPIVAB provides another treatment option for pediatric patients with acute, uncomplicated influenza and represents another important milestone for BioCryst.”

AcelRx Pharmaceuticals Inc. (NASDAQ: ACRX) closed up over 16% on Monday at $3.90 trading over 3.79 million shares bby the market close as was also up in afterhours trading. AcelRx Pharmaceuticals, Inc., a specialty pharmaceutical company, focuses on the development and commercialization of therapies for the treatment of acute pain. Its lead product candidate is DSUVIA, a 30 mcg sufentanil sublingual tablet, which is in Phase III clinical trial for the treatment of moderate-to-severe acute pain. The company’s late-stage investigational product candidate is Zalviso, a pre-programmed and patient-controlled analgesia device that allows hospital patients with moderate-to-severe acute pain to self-dose with sufentanil sublingual tablets to manage their pain. Zalviso is approved in the European Union, Switzerland, Liechtenstein, Iceland, Norway and Australia, or the Territory; and is under development stage in the United States.

Marinus Pharmaceuticals Inc. (NASDAQ: MRNS) closed up over 12% on Monday at $5.50 with over 4 million shares traded on the day and also was up in afterhours trading. Marinus Pharmaceuticals reported this month that top-line data from the Phase 2 open-label study in patients with CDKL5 disorder support advancing ganaxolone into a definitive late-stage clinical trial. Oral ganaxolone, in addition to baseline treatment, showed a sizable and durable seizure-frequency reduction in the majority of patients, with some achieving an increase in the number of seizure-free days and reporting behavioral benefits. CDKL5 disorder is a severe, rare genetic epilepsy that results in early-onset, treatment-refractory seizures, pervasive neuro-developmental delay and disabling behavioral issues. There are no approved or effective available treatment options. Marinus plans to meet with regulatory agencies to obtain agreement on the clinical development plan that would be needed for approval of ganaxolone for CDKL5 disorder.

Novavax Inc. (NASDAQ: NVAX) closed up over 4% on Monday at $1.21 with over 11.4 million shares traded by the market close as was also up in afterhours trading reaching $1.23. The company recently announced the enrollment of the first participant in a Phase 1/2 clinical trial of its nanoparticle influenza vaccine candidate including its proprietary Matrix-M(TM) adjuvant (NanoFlu(TM)) in older adults. The trial is a randomized, observer-blinded, active comparator-controlled trial in approximately 330 healthy older adults. The primary objective of the trial is to assess the safety and immunogenicity of two concentrations (15 µg or 60 µg) of NanoFlu compared to a licensed influenza vaccine, Fluzone® High-Dose (Fluzone HD). "The trial is designed to identify an immune response, characterized by hemagglutination-inhibiting (HAI) and neutralizing antibodies, that is similar to or better than Fluzone HD," said Gregory Glenn, M.D., President of Research and Development. "We will evaluate immunogenicity using HAI titers, which are the industry standard and an established surrogate marker of protection. Data from this trial may provide the basis to request accelerated approval for initial licensure of our NanoFlu vaccine.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated thirty-nine hundred dollars for news coverage of the current press release issued by Moleculin Biotech, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.


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Biotechs Ramp Up Clinical Trial Programs As FDA Looks At More Efficient Drug Development Programs

September 20, 2017  By: Editor

Sector:  Biotechnology


Palm Beach, FL -- The hope of new measures for the FDA to advance the regulatory path for drug development is forging ahead incorporating relatively swift pivotal data in seeking accelerated approvals. FDA commissioner Scott Gottlieb recently backed some of the speedy clinical trials the industry has been seeing in the cancer field as an ideal platform for what can work, paving the way to the accelerated approval pathway at the FDA. Active companies today in the biotechnology sector and drug development activities include: Moleculin Biotech, Inc., (NASDAQ: MBRX), Aldeyra Therapeutics Inc. (NASDAQ: ALDX), Teva Pharmaceuticals Limited (NASDAQ: TEVA), Forward Pharma A/S (NASDAQ: FWP) and Marinus Pharmaceuticals Inc. (NASDAQ: MRNS)

Moleculin Biotech, Inc., (NASDAQ: MBRX), a preclinical pharmaceutical company focused on the development of anti-cancer drug candidates, some of which are based on license agreements with The University of Texas System on behalf of the M.D. Anderson Cancer Center, today announced it has engaged contract research organization (“CRO”) Bioscience SA ("Bioscience") to prepare for a proof-of-concept clinical trial in Poland to study its drug candidate WP1220 for the treatment of cutaneous T-cell lymphoma (“CTCL”). Read this and more news for Moleculin Biotech at: http://www.marketnewsupdates.com/news/mbrx.html
 
“We believe we are in a position to move quickly to develop WP1220," commented Walter Klemp, Chairman and CEO of Moleculin. “We have a complete IND-enabling data package already, so we should be able to make application soon to the Polish regulatory authorities for a clinical trial authorization. In this case, we believe a proof-of-concept trial in Poland can be completed sooner and for less investment than in the US, giving us a very efficient means to develop yet another asset in our portfolio. As well, success with this trial could help us position WP1220 for accelerated approval in the US.”

CTCL is a rare life-threatening skin cancer with limited treatment options. Pre-clinical studies have suggested that some CTCL cell lines may be particularly sensitive to inhibition of the activated form of STAT3, something for which the Company believes WP1220 is especially well suited. The Company’s initial approach will be to administer WP1220 as a topical drug to Stage 1 through 2a patients in an effort to inhibit the progression of the disease.

In other biotech/big pharma developments in the markets:

Aldeyra Therapeutics Inc. (NASDAQ: ALDX) closed up over 34% on Tuesday at $5.65 on over 11.1 million traded by the market close. The company recently announced positive results from a Phase 2a clinical trial of topical ocular ADX-102 in patients with dry eye disease. "ADX-102 is a promising agent for the treatment of dry eye disease, a persistently challenging condition for many people worldwide," commented John Sheppard, M.D., Professor of Ophthalmology, Eastern Virginia Medical School. "The evidence of rapid-onset activity and the tolerability profile demonstrated in the Phase 2a clinical trial suggests that ADX-102 could provide important patient benefits relative to existing therapies." The randomized, dose-ranging, parallel-group, double-masked Phase 2a clinical trial investigated three formulations of ADX-102 (0.1% ophthalmic solution, 0.5% ophthalmic solution, and 0.5% lipid formulation) in 51 dry eye disease patients (17 per arm) treated for 28 days.

Teva Pharmaceuticals Limited (NASDAQ: TEVA) came to a close up 4.49% on Tuesday at $19.33 with over 59.7 million shares traded on the day. The company recently announced it has entered into a definitive agreement under which CooperSurgical will acquire PARAGARD® (intrauterine copper contraceptive), a product within its global Women’s Health business, in a $1.1 billion cash transaction. PARAGARD® had revenues of approximately $168 million for the trailing twelve month period ending June 30, 2017. This transaction includes Teva’s manufacturing facility in Buffalo, NY, which produces PARAGARD® exclusively. Teva continues to actively pursue additional divestiture opportunities, including the sale of the remaining assets of its global Women's Health business, as well as its Oncology and Pain businesses in Europe. Teva continues to expect to generate at least $2 billion in total proceeds from the sale of these businesses, as well as additional asset sales to be executed by year end 2017.

Forward Pharma A/S (NASDAQ: FWP) closed up over 35% on Tuesday at $6.99 with over 1.7 million shares traded by the market close and was up slightly in after hours trading. The company recently announced the filing in the U.S. Court of Appeals for the Federal Circuit (the “Federal Circuit”) of the opening brief for the appeal of the PTAB decision that ended the interference proceeding between the Forward 11/576,871 patent application (the “’871 application”) and an issued Biogen patent. “We continue to believe that our intellectual property is strong and that we have presented compelling arguments to have the PTAB interference decision reversed,” said Dr. Claus Bo Svendsen, CEO of Forward. He added, “Our appeal is progressing on schedule, and, along with the European ‘355 Opposition Proceeding, is the key focus of Forward Pharma.”

Marinus Pharmaceuticals Inc. (NASDAQ: MRNS) recently announced that top-line data from the Phase 2 open-label study in patients with CDKL5 disorder support advancing ganaxolone into a definitive late-stage clinical trial. Oral ganaxolone, in addition to baseline treatment, showed a sizable and durable seizure-frequency reduction in the majority of patients, with some achieving an increase in the number of seizure-free days and reporting behavioral benefits. CDKL5 disorder is a severe, rare genetic epilepsy that results in early-onset, treatment-refractory seizures, pervasive neuro-developmental delay and disabling behavioral issues. There are no approved or effective available treatment options. Marinus plans to meet with regulatory agencies to obtain agreement on the clinical development plan that would be needed for approval of ganaxolone for CDKL5 disorder.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated thirty-nine hundred dollars for news coverage of the current press release issued by Moleculin Biotech, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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Biotech Stocks Move Higher on New Clinical Trial Developments and Ground-breaking Collaborations

September 6, 2017  By: Editor

Sector:  Biotechnology


Palm Beach, FL -- As biotech and pharma stocks power through new resistance levels in the markets, the sector is being fueled by the latest positive FDA developments and notable clinical trial advancements that appear to be driving retail investors to invest in cancer-fighting cell therapies among other advancement treatments and therapeutic drugs. Biotech stocks continue the resurgent performance and are near 1-year highs for companies such as: Moleculin Biotech Inc. (NASDAQ: MBRX), Insmed Incorporated (NASDAQW: INSM), Iovance Biotherapeutics Inc. (NASDAQ: IOVA), XOMA Corporation (NASDAQ: XOMA) and Juno Therapeutics Inc. (NASDAQ: JUNO)

Moleculin Biotech, Inc., (NASDAQ: MBRX), a preclinical pharmaceutical company focused on the development of anti-cancer drug candidates, some of which are based on license agreements with The University of Texas System on behalf of the M.D. Anderson Cancer Center, today announced it has entered into a collaborative agreement with the University of Bergen to test WP1122 in combination with the drug Avastin (bevacizumab) made by Roche Pharma. Roche Pharma is not a party to the collaborative agreement. Read this and more news for Moleculin Biotech at: http://www.marketnewsupdates.com/news/mbrx.html

“The potential for synergy with Roche’s drug is compelling," commented Walter Klemp, Chairman and CEO of Moleculin. “Avastin showed early promise in the treatment of brain tumors, but its usefulness has been hampered by the ability of brain tumors to develop resistance to anti-vascular therapy. Avastin prevents formation of new blood vessels including blood vessels that feed growing tumors and, as such, creates an environment where tumors become more dependent on glycolysis (a means of producing energy induced by a limited oxygen supply from the blood) enabling a potential form of therapy resistance. We’ve shown in animal models that WP1122 as an inhibitor of glycolysis limits tumor growth and increases survival in animals transplanted with human brain tumors, so it is logical to consider that WP1122 could potentially be an effective way to deal with Avastin resistance, as a follow up treatment, or in combination with Avastin.”

“We have developed novel human brain tumor models in mice that display Avastin-resistance mice,” added Dr. Rolf Bjerkvig, Professor at the Department of Biomedicine, University of Bergen in Norway, “that should allow us to validate the efficacy of WP1122 inhibition of Avastin-induced glycolysis. This may represent a breakthrough in treating brain tumors by using WP1122 in combination with Avastin. We are eager to explore this potential through our collaboration with Moleculin.”

In other industry news and happenings around the sector:

Insmed Incorporated (NASDAQW: INSM) closed up over 119% on Tuesday with a volume north of 27.3 million traded by the market close. The company recently announced has commenced an underwritten public offering of $250 million of shares of its common stock. All of the shares of common stock in the offering would be sold by Insmed. In addition, Insmed intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the shares of common stock offered in the public offering at the public offering price, less the underwriting discount. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Iovance Biotherapeutics Inc. (NASDAQ: IOVA) closed up over 8% on Tuesday with over 900,000 shares traded on the day. The company recently announced that it will webcast a business overview and update by Dr. Maria Fardis, PhD, MBA, Chief Executive Officer of Iovance Biotherapeutics at the following upcoming investor conferences: Rodman & Renshaw 19th Annual Global Investment Conference in New York, NY on Monday, September 11, 2017 at 11:40 a.m. ET and 2017 Cantor Fitzgerald Global Healthcare Conference in New York, NY on Monday, September 25, 2017 at 8:00 a.m. ET A live audio webcast of both presentations will be available by visiting the Investors section Iovance Biotherapeutics' website at http://ir.iovance.com/. A replay of the webcast will be archived on Iovance Biotherapeutics’ website for 30 days following the presentation.

XOMA Corporation (NASDAQ: XOMA) came to a close up over 44% on Tuesday with a volume north of 1.8 million by the market close. The company recently announced it has licensed the global commercial rights to gevokizumab, a novel anti-IL-1 beta allosteric monoclonal antibody, to Novartis. In a separate agreement, XOMA has granted Novartis a license to its intellectual property covering the use of IL-1 beta targeting antibodies in the treatment of cardiovascular disease. Under these agreements, XOMA will receive $31 million in upfront payments, including a $5 million equity investment, and is eligible to receive significant pre- and post-commercialization milestone payments plus tiered high-single to mid-double-digit royalties on net sales of gevokizumab. XOMA is also eligible to receive low-single-digit royalties on canakinumab sales in cardiovascular indications rising to mid-single-digit royalties under certain circumstances. Novartis has agreed to settle XOMA’s €12 million debt to Les Laboratoires Servier and extend the maturity date on XOMA’s debt to Novartis from September 2020 to September 2022.

Juno Therapeutics Inc. (NASDAQ: JUNO) closed up slightly on Tuesday with over 3 million shares traded on the day. The company recently announced that it will webcast its presentations at two investor conferences in September. The presentations will feature a business overview and update by Steve Harr, Juno’s Chief Financial Officer and Head of Corporate Development. Juno will present at Citi’s 12th Annual Biotech Conference at 12:00 p.m. Eastern Time (ET) on Thursday, September 7, 2017. Juno will present at the Morgan Stanley Global Healthcare Conference at 1:30 p.m. Eastern Time (ET) on Tuesday, September 12, 2017. The webcasts will be accessible on the Investor Relations page of Juno's website at www.JunoTherapeutics.com. A replay of each presentation will be available at the same location for 30 days following the corresponding conference.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated thirty-nine hundred dollars for news coverage of the current press release issued by Moleculin Biotech Inc. by the company MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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Biotech Indexes Jump on Major Acquisitions, FDA Clearance and Clinical Trial Developments

August 28, 2017  By: Editor

Sector:  Technology


Palm Beach, FL -- Biotechnology indexes yesterday traded to the upside, driving the NYSE Arca Biotechnology Index up by 3 percent. On Monday, the Nasdaq Composite Index added 11 points, or 0.2%, at 6,276, driven by gains in technology and biotech names and the iShares Nasdaq Biotechnology ETF (IBB) trading 1.9% higher. Biotech and pharmaceutical leaders are progressing under an positive environment fostered by FDA approvals, clinical trial advancements, as well as latest mergers and acquisitions for Companies such as: Moleculin Biotech, Inc., (NASDAQ: MBRX), AVEO Pharmaceuticals Inc. (NASDAQ: AVEO), Endo International plc (NASDAQ: ENDP), Kite Pharma Inc. (NASDAQ: KITE) and Juno Therapeutics Inc. (NASDAQ: JUNO)

Moleculin Biotech, Inc. (NASDAQ: MBRX), a preclinical pharmaceutical company focused on the development of anti-cancer drug candidates, some of which are based on license agreements with The University of Texas System on behalf of the M.D. Anderson Cancer Center, today announced it has filed with the Food and Drug Administration (FDA) an Investigational New Drug (IND) application to study Annamycin in the treatment of relapsed or refractory acute myeloid leukemia (AML). Read this and more news for Moleculin Biotech at: http://www.marketnewsupdates.com/news/mbrx.html

Submitting this revised IND marks a significant milestone for Moleculin. FDA allowing the IND to go into effect – which is the anticipated next step and normally would occur within 30 days – will allow the Company to begin additional clinical trials as part of demonstrating the safety and effectiveness of Annamycin. The current plan is to seek approval for treating relapsed or refractory acute myeloid leukemia. If the IND goes into effect as planned, the Company expects to begin clinical trials during the fourth quarter of this year. There can be no assurance, however, that the IND will go into effect within in expected time frame, or at all.

“It took considerable time to produce the additional CMC data requested by the FDA," commented Walter Klemp, Chairman and CEO of Moleculin, “but now that we have all of what the FDA requested, we are pleased to submit a revised IND. We have seen considerable interest from Principle Investigators who are eager to enroll AML patients in an Annamycin clinical trial, so this is a critical step for us.” The Company previously filed an IND, in response to which the FDA requested certain revisions to the protocol, additional information, and additional data related to Chemistry, Manufacturing and Controls (CMC). The Company withdrew its original application in order to develop the additional information and CMC data and revise the protocol, with the goal of resubmitting the application when that was accomplished. The current IND submission represents the completion of that process.

In other industry news of note:

AVEO Pharmaceuticals Inc. (NASDAQ: AVEO) closed up at $3.84 on Monday with a volume north of 31.5 million shares traded on the day. The company recently announced that the European Commission (EC) has approved FOTIVDA® (tivozanib) for the treatment of adult patients with advanced renal cell carcinoma (RCC) in the European Union plus Norway and Iceland. Tivozanib is indicated for the first line treatment of adult patients with advanced RCC and for adult patients who are vascular endothelial growth factor receptor (VEGFR) and mTOR pathway inhibitor-naïve following disease progression after one prior treatment with cytokine therapy for advanced RCC.i EUSA Pharma, a specialty pharmaceutical company with a focus on oncology and oncology supportive care, is the European licensee for tivozanib. Tivozanib is an oral, once-daily, potent and highly-selective vascular endothelial growth factor receptor tyrosine kinase inhibitor (VEGFR-TKI).

Endo International plc (NASDAQ: ENDP) came up slightly at $9.00 on Monday evening with over 4.5 million shares traded by the market close. The company recently announced that one of its operating companies, Par Pharmaceutical, has begun shipping vigabatrin for oral solution USP, 500 mg per packet following final approval from the U.S. Food and Drug Administration for its Abbreviated New Drug Application. Par's vigabatrin for oral solution is the generic version of Lundbeck LLC's Sabril® and is the first and currently the only generic version available. Vigabatrin is available only through certified healthcare providers and specialty pharmacies. "We are pleased to be able to offer patients a cost-effective option to Sabril®," said Tony Pera, President of Par Pharmaceutical. "Par's vigabatrin for oral solution is therapeutically equivalent to the brand and is therefore substitutable. We are proud to continue our tradition at Par of providing high quality, affordable medicines."

After news of Gilead Sciences Inc.'s (NASDAQ: GILD) about $11 billion acquisition of Kite Pharma Inc. (NASDAQ: KITE), Juno Therapeutics Inc. (NASDAQ: JUNO) shares surged 16.3 in extremely heavy midday trade Monday. The Kite Pharma acquisition marks a large investment by Gilead into a cancer treatment called chimeric antigen receptor T-cell therapy, or CAR-T, which uses a patient's immune T-cells and re-engineers them to better fight cancer. Juno, Bluebird and Cellectis are other biotech companies working in CAR-T. BTIF analyst Dane Leone upgraded Juno on Monday, adding, "we continue to be skeptical of JUNO's current competitive positioning, but upgrade our ranking to Neutral from Sell, as there is not a near term catalyst to offset the positive tailwind for the entire CAR T space."

Though there has been speculation about Celgene -- which owns about 10% of Juno's current shares outstanding -- acquiring Juno, "we would be surprised" by a full acquisition, Leone said, since "at this juncture with emerging overlap in Multiple Myeloma and third to market status in CD19 hematological malignancies, we struggle to find a rationale for Celgene wanting to fully own Juno." Read the full article published yesterday on MarketWatch.com here: http://www.marketwatch.com/story/biotech-stocks-surge-on-gileads-kite-pharma-acquisition-2017-08-28?siteid=yhoof2&yptr=yahoo

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated thirty-nine hundred dollars for news coverage of the current press release issued by Moleculin Biotech, Inc. by the company MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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Growing Number of Independent Workers and the Short-Term Workforce Embracing the Gig Economy

August 17, 2017  By: Editor

Sector:  Technology


Palm Beach, FL -- The gig economy continues to be one of the most talked about new economies across the globe leading to large companies and tech giants to pour millions into the development of enhancing human capital and leveraging rising momentum of freelance workers along with the benefits they can provide the workforce. The Bureau of Labor Statistics estimates that, in 2017, as many as 40 percent of the U.S. workforce is considered contingent. This figure is expected to grow to 50 percent by 2020 and experts are forecasting the gig economy to only continue to grow over the coming years. Companies with focus on the growth and opportunity the gig economy offers include: ShiftPixy, Inc. (NASDAQ: PIXY), Groupon, Inc. (NASDAQ: GRPN), Google -Alphabet Inc. (NASDAQ: GOOG), GrubHub Inc. (NASDAQ: GRUB) and Amazon.com, Inc. (NASDAQ: AMZN)

ShiftPixy, Inc. (NASDAQ: PIXY), an on-demand human capital platform that syncs work opportunities from shift-based employers with ready-for-hire workers, today announced that it will open its first regional office in New York City’s historic Grand Central Station. This regional office will house local sales and client support staff. This expansion represents a key development for the Company as it continues to establish itself as the premier workforce management platform that meets the needs of the gig economy.
Read this and more news for ShiftPixy at http://www.marketnewsupdates.com/news/pixy.html 

ShiftPixy’s human capital management services address formidable challenges for businesses that rely heavily upon a contingent workforce, delivering a revolutionary platform for workforce management that helps them navigate regulatory mandates, minimize administrative burdens, and connect with a capable, ready-for-hire workforce.

“New York City is a crucial market for ShiftPixy, and the opening of our office here marks the first step in our ambitious national expansion efforts,” said ShiftPixy’s Co-Founder and CEO, Scott Absher. “Buoyed by the city’s 24-hour nature, and the economic impact of its leisure and hospitality industries, the gig economy here is thriving. By establishing a presence in New York City, we are primed to meet the needs of its rapidly expanding contingent workforce, while also broadening our client reach and support throughout the entire Northeast region.”

One recent study estimates that the contingent workforce currently accounts for approximately 34 percent of all U.S. workers, and that figure is expected to increase to 43 percent by 2020. Mr. Absher added: “We are confident that ShiftPixy’s seamless platform will increasingly become an essential tool for employers seeking to maximize business efficiency, while providing workers with access to flexible earning opportunities that offer robust employment and health benefits.”

Additional Gig Economy developments from around the markets:

In article recently published on CityA.M.com, Google's (NASDAQ: GOOG) investing millions in research on the gig economy and future of work - Google has promised $50m to help people adapt to new ways of working brought about by technology, and said it will also fund new research into the future world of work. The tech giant said a third of jobs in the future are likely to require skills which are uncommon today. It added that more jobs are likely to be independent as demographics are change, and cited existing research on the future of work and economic figures. The fresh cash from Google's philanthropic arm Google.org will go toward non-profits and other groups, "to help people prepare for the changing nature of work".

Amazon’s (NASDAQ: AMZN) New Home Services Is Great For Gig Economy Workers - Amazon officially opened its Home Services program today to let folks shop for personal in-home services, from appliance installation to academic tutoring to automotive maintenance. Just drop a service in your cart like you would with any other product on Amazon, schedule a time, and pay when the service is done, says the The Verge. But instead of contracting out to specialists on its own, Amazon will simply act as the platform for the transactions. In so doing, Amazon will let specialists set their own prices, likely allowing Home Services to survive the legal onslaught that’s currently besieging the gig economy. Source: FastCompany.com

Groupon (NASDAQ: GRPN) is turning over much of its food-ordering and delivery business to Grubhub (NASDAQ:GRUB). Groupon's hungry deal-seekers will be able to order from restaurants in Grubhub's stable of 55,000 restaurants directly from the Groupon platform. Grubhub, which has built out a large delivery component through multiple acquisitions, will provide the order and delivery services to Groupon restaurants. The deal brings Groupon's customer base of 31.6 million to Grubhub. Groupon gets access to 55,000 restaurants and 1,100 Grubhub markets, compared with about 40 cities Groupon had from its acquisition of Baltimore-based OrderUp two years ago


DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated five thousand dollars for news coverage of the current press release issued by ShiftPixy, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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Latest R&D Success, FDA Approvals and Significant Advances in Clinical Trials Boosting Biotech Sector

August 9, 2017  By: Editor

Sector:  Technology


Palm Beach, FL -- Biotech stocks have had an impressive run so far in 2017 with the NASDAQ Biotechnology Index (NBI) increasing over 19% year-to-date (YTD). Headlines in the active biotech sector include significant progress made in clinical trials, R&D success and innovation as well as a favorable FDA policy environment as progress allows numerous industry players to grow and thrive in a rebounding sector. Active in the biotech and big pharma industry with market performance and new developments include Moleculin Biotech Inc. (NASDAQ: MBRX), FibroGen Inc. (NASDAQ: FGEN), Cellectar Biosciences Inc. (NASDAQ: CLRB), Esperion Therapeutics Inc. (NASDAQ: ESPR) and MyoKardia Inc. (NASDAQ: MYOK)

Moleculin Biotech, Inc., (NASDAQ: MBRX), a preclinical pharmaceutical company focused on the development of anti-cancer drug candidates, some of which are based on license agreements with The University of Texas System on behalf of the MD Anderson Cancer Center, today commented on several recent FDA approvals for new drugs for the treatment of acute myeloid leukemia (AML). Read this and more news for Moleculin Biotech at: http://www.marketnewsupdates.com/news/mbrx.html

Walter Klemp, CEO of Moleculin commented: “the recent approvals of three new drugs (Rydapt, Vyxeos and Idhifa) for the treatment of AML are exciting, since they provide additional options for treatments in defined subpopulations, and because they help underscore the magnitude of the potential opportunity for Annamycin, which we will be studying for relapsed or refractory AML. With regard to AML, Rydapt is approved only for patients with a specific gene mutation, and for use in combination with the standard of care chemotherapy. Vyxeos is approved as an option to the standard of care, but only for specific AML patients, namely those with newly-diagnosed therapy-related acute myeloid leukemia (t-AML) or AML with myelodysplasia-related changes (AML-MRC). Jazz Pharmaceuticals purchased this drug in their $1.5 billion acquisition of Celator Pharmaceuticals.

Mr. Klemp continued: “although FDA approval of both of those drugs was based on overall survival comparisons with a standard of care, Idhifa was approved based on an accelerated clinical trial design that showed a 19% response rate in patients with relapsed or refractory AML and IDH2 mutation. What’s interesting is that Idhifa was approved with a single Phase 1/2 clinical trial based on response rate, not overall survival, and a relatively low response rate at that. Also, the patient population for which it is approved represents only 13% of all AML patients. We look forward to working with FDA on a similar approach for Annamycin – reliance on response rate in an accelerated path – but for a larger population of AML patients.”

In other industry happenings and market performances of note:

FibroGen Inc. (NASDAQ: FGEN) closed up 48.20% on Tuesday at $49.50 with over 9.3 million shares traded by the market close. The company announced positive topline results from the company’s Phase 2 randomized, double-blind, placebo-controlled study and two combination safety sub-studies of pamrevlumab in patients with idiopathic pulmonary fibrosis (IPF). Pamrevlumab is a proprietary, first-in-class, anti-connective tissue growth factor (CTGF) antibody being evaluated in fibrotic disease and cancer. “I am pleased to see positive Phase 2 results with pamrevlumab -- an antibody against CTGF, a new target in fibrosis -- which has a good safety profile and the potential to provide alternative, much-needed new treatment options for IPF patients,” said Luca Richeldi, M.D., Ph.D., Head of the Division of Pulmonary Medicine at Agostino Gemelli University Hospital of the Catholic University of the Sacred Heart in Rome, Italy.

Cellectar Biosciences Inc. (NASDAQ: CLRB) came to a close up 11.39% on Tuesday at $1.76 with a volume of over 5.9 million shares traded by the market close. The company recently announced its lead PDC compound, CLR 131 has achieved a median overall survival of 22.5 months to date after a single dose infusion of 12.5mCi/m2 in patients with multiple myeloma. Patients in the first cohort of the company’s Phase 1 clinical trial had an average of 5.8 prior lines of treatment and therefore were considered to be heavily pretreated. It is important to note that the trial remains ongoing, and the overall survival could continue to increase over time. While there have been no head-to-head studies, for comparison, this ongoing overall survival length from the company’s Phase 1 clinical trial exceeds historic published outcomes of currently marketed second and third line treatment modalities for multiple myeloma.

Esperion Therapeutics Inc. (NASDAQ: ESPR) finished up 15.41% on Tuesday at $52.13 with north of 4.1 million shares traded on the day. The company recently announced it intends to offer and sell, subject to market and other conditions, $150 million of its common stock in an underwritten public offering. Esperion expects to grant the underwriters a 30-day option to purchase up to $22,500,000 of additional shares of its common stock. l

MyoKardia Inc. (NASDAQ: MYOK) closed up 15.10% on Tuesday at $36.20 with over 3.6 million shares traded by the market close. The company recently announced it has commenced a proposed underwritten public offering of 3,500,000 shares of its common stock. All shares of common stock will be offered by MyoKardia. In addition, MyoKardia expects to grant the underwriters a 30-day option to purchase an additional 525,000 shares of common stock at the public offering price, less the underwriting discount. MyoKardia anticipates using the net proceeds from the offering, together with its existing cash and cash equivalents, to fund research and development activities for its development programs, including, but not limited to, its ongoing and planned clinical trials for mavacamten (formerly MYK-461) and MYK-491, its ongoing preclinical, discovery and research programs and the expansion of its platform, and for working capital and other general corporate purposes.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated two thousand four hundred dollars for news coverage of the current press release issued by Moleculin Biotech Inc by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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Global VoIP Market Continues to Grow for Tech Companies

August 8, 2017  By: Editor

Sector:  Technology


Palm Beach, FL -- According to Ameri Research, The global Voice over Internet Protocol (VoIP) market was valued at $43.3 billion in 2016 and is forecast to grow at a robust CAGR of 10.2% between 2017 and 2024, culminating to global revenue of $93.9 billion by 2024. As Voice over Internet Protocol (VoIP) continues to develop and assert itself as a viable alternative communication technology, innovation is bringing new possibilities to the sector. Mergers & acquisitions are seen as one of the primary growth strategies followed by leading industry participants in an attempt to enter emerging markets, enhance global presence and penetrate deeper into the already established markets. Active tech companies in the VoIP market include: HD View 360 Inc. (OTC: HDVW), Level 3 Communications Inc. (NYSE: LVLT), Globalstar Inc. (NYSE: GSAT), Vonage Holdings Corp. (NYSE: VG) and RingCentral Inc. (NYSE: RNG)

HD View 360 (OTCQB: HDVW), a full-service IT solution that provides hardware installation, security monitoring, telephone services, merchant processing, POS software, and ongoing technology support to small and medium-sized businesses, and Voice Solutions Inc., one of the foremost providers of in-store music, on-hold message services, digital signage, sound masking, and other impactful sensory marketing services, announced today a new strategic partnership. Read this and more news for HD View 360 at: http://www.marketnewsupdates.com/news/hdvw.html

The partnership will leverage access to enterprise-level customers and create mutual avenues of recurring revenue streams for both companies. With a professional network of clients like Culligan, Citi®, Aveda, Midas®, and Plato’s Closet®, HD View 360 CEO Dennis Mancino is proud to welcome Voice Solutions as the first member of its Simple Affiliate Partner Program.

Sandra Brown, Managing Founder of Voice Solutions stated, ““We are honored to partner with Simplefone. We believe this partnership will allow our team to further fulfill our mission to increase business potential for clients by providing innovative technology, unparalleled customer service, and product knowledge expertise. Together, with our combined areas of expertise and years of experience, we believe both parties empower one another to better serve both current and future customers.

In other tech news and developments in the markets:

Level 3 Communications Inc. (NYSE: LVLT) recently announced General Services Administration (GSA) has awarded its wholly-owned subsidiary, Level 3 Communications, LLC a multiple-year competitive contract known as Enterprise Infrastructure Solutions (EIS). The contract allows Level 3 to offer telecommunications solutions to support the GSA's goal of providing federal agencies access to a broad range of domestic and international network services. "EIS provides access to a wide range of telecommunications services needed for government agencies to transform their IT infrastructure – which is critical in this ever-evolving digital age. Now agencies will continue to have access to Level 3's services, helping them modernize, future-proof and protect their technology to better address the critical needs of their teams and clients." Quoted David Young, Regional Vice President, Level 3's Government Markets Group

Globalstar Inc. (NYSE: GSAT) closed up 3.09% on Monday at $2.00 with over 2.8 million shares traded by the market close. The company recently announced its financial results for the quarter ended June 30, 2017. Jay Monroe, Chairman and Chief Executive Officer of Globalstar, commented, “In June, our core business achieved a significant milestone, reaching over 700,000 total subscribers on our satellite network. These subscribers contributed to meaningful growth during the quarter with a 12% increase in total revenue. ARPU continues to improve, including a 23% increase in Duplex ARPU from the prior year quarter. Net loss increased due to non-cash derivative losses resulting primarily from the recent increase in the Company's stock price. Importantly, Adjusted EBITDA increased 61%, reaching its highest level in more than ten years as performance continues to reflect the operating leverage inherent in this business. Read more here: https://finance.yahoo.com/news/globalstar-announces-second-quarter-2017-202000141.html

Vonage Holdings Corp. (NYSE: VG) closed up slightly on Monday at $7.73 with over 2.1 million shares traded by the market close as was up over 6% in afterhours trading. S&P SmallCap 600 constituent CoreSite Realty Corp. will replace NeuStar Inc. in the S&P MidCap 400, and Vonage Holdings Corp. (NYSE: VG) will replace CoreSite Realty in the S&P SmallCap 600 effective prior to the open on Thursday, August 10. NeuStar is being acquired by a private investment group led by Golden Gate Capital in a deal expected to be completed on Tuesday of this week pending final closing conditions. CoreSite Realty, a real estate investment trust (REIT), engages in the ownership, acquisition, construction, and management of data centers. Headquartered in Denver, CO, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Specialized REITs Sub-Industry index.

RingCentral Inc. (NYSE: RNG) finished Monday up slightly at $35.10 with a volume north of 500,000. The company recently announced that Vlad Shmunis, Founder, Chairman, and Chief Executive Officer and Praful Shah, Chief Strategy Officer, will be presenting at the Oppenheimer 20th Annual Technology, Internet & Communications Conference in Boston, MA on Tuesday, August 8, 2017 at 9:45 a.m. ET or 6:45 a.m. PT. At that time, a live webcast will be accessible from the investor relations page of the RingCentral website at http://ir.ringcentral.com/. Following the event, a replay will be made available at the same location.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated fifty-nine hundred dollars for news coverage of the current press release issued by HD View 360 Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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Voice Over Internet Protocol (VoIP) Popularity Gains Momentum for Tech Companies in Multi-Billion Dollar Industry

August 6, 2017  By: Editor

Sector:  Technology


Palm Beach, FL -- Voice over internet Protocol (VoIP) is gaining major traction these days for telecommunications and business applications while the newest technology developments, functionality and advancements are introduced into the market on almost a daily basis. Analysts from Infonetics Research recently amended their previous voice over internet protocol (VoIP) market forecast to account for additional growth that may bring global revenues to $76.1 billion in 2018. Consumers continued movement towards cutting the cord is becoming more of the norm in the multi-billion dollar industry and is forecasted to reach new levels going forward. Tech companies in focus this week with current developments in the market include: HD View 360 Inc. (OTC: HDVW), RingCentral Inc. (NYSE: RNG), 8x8 Inc. (NASDAQ: EGHT), Mitel Networks Corporation (NASDAQ: MITL) and Apple Inc. (NASDAQ: AAPL)

HD View 360 Inc. (OTCQB: HDVW), announced today several key technology and marketing enhancements to its wholly owned subsidiary, SimpleFone. SimpleFone Inc., ("SFI") is an innovative Voice over Internet Protocol (VoIP) provider currently selling its telephone services to multiple nationally-recognized franchise brands. Over the past three months, the company has been revamping its infrastructure to prepare for an influx in growth by launching a more consumer-driven website, introducing its Simple Affiliate Partner sales program, implementing new software and POS/CRM integration functionality, and establishing a much safer and secure SRTP/TLS compliant encryption platform. Through these upgrades, and more, the company plans to further support its ever-growing list of consumer and investor needs. Read this and more news for HDVW at http://www.marketnewsupdates.com/news/hdvw.html

“We are beyond excited to introduce SimpleFone and its updated features to the marketplace,” said SimpleFone and HD View 360 CEO Dennis Mancino. “By activating the next phase in our acquisition strategy, HD View 360 is actively positioning SimpleFone to become a leading VoIP carrier in the rapidly growing, $195-billion-a-year VoIP industry.”

SimpleFone also recently secured a data housing center near its headquarters in Miami, Florida, with a redundancy center in Phoenix, Arizona, and purchased a new VoIP phone switch capable of servicing up to 100,000 phone lines simultaneously. These essential infrastructure investments position the cloud-based VoIP solution to generate a Monthly Recurring Revenue (MRR) stream of up to $3 million per month in B2B sales. And, as their client base grows, so will SimpleFone’s VoIP switch capacity with additional servers at the ready to accommodate more users. “These new features, combined with a cost-efficient, upgraded software and fully-encrypted system, will allow us to capture a significant portion of the market by 2024, while providing exceptional service to our customers and increased profit margins to our loyal shareholders,” said Mancino.

In other technology news and developments from around the markets:

RingCentral Inc. (NYSE: RNG) closed up 2.01% on Tuesday at $35.50 on over 1 million shares traded by the market close. The company recently announced a leading provider of global enterprise cloud communications and collaboration solutions, today announced that Tuff Shed, America’s premier supplier of storage buildings and garages, has selected RingCentral for its communications and collaboration needs across the entire organization. Tuff Shed deployed the RingCentral Office® and RingCentral Contact Center™ solutions. Recognizing the value of moving its business communications to the cloud, Tuff Shed cites enhanced employee mobility, ease of manageability, and scalability as key benefits of the RingCentral solution. l

8x8 Inc. (NASDAQ: EGHT) closed up slightly on Tuesday at $12.95 on over 1.1 million shares traded by the market close. The company recently announced Chief Financial Officer Mary Ellen Genovese will present at the Oppenheimer 20th Annual Technology, Internet & Communications Conference at the Four Seasons Hotel in Boston. 8x8’s presentation is scheduled for Tuesday, August 8, 2017 at 10:25 am EDT. A live webcast and archive version will be available at investors.8x8.com.

Mitel Networks Corporation (NASDAQ: MITL) closed up 2.11% on Tuesday at $8.70 on over 1.3 million shares traded by the market close. The company recently announced financial results for the second quarter ended June 30, 2017. “During the quarter, Mitel experienced a distinct acceleration by its customers into hosted cloud solutions and services. That shift manifested itself in a record level of cloud bookings for the company,” said Rich McBee, Chief Executive Officer. “In line with the market shift, in the second quarter Mitel initiated significant organization structural changes to accelerate our move-to-the-cloud strategy further with the consolidation of previously separate Enterprise and Cloud organizations. While we expect the benefits of these changes to be fully realized in the coming quarters, we have seen immediate improvements in customer experience and reduced operational expenditures as a result of our business realignment.”

Apple Inc. (NASDAQ: AAPL) closed up slightly on Tuesday on over 23.7 million shares traded by the market close. The company recently announced financial results for its fiscal 2017 third quarter ended July 1, 2017. The Company posted quarterly revenue of $45.4 billion and quarterly earnings per diluted share of $1.67. These results compare to revenue of $42.4 billion and earnings per diluted share of $1.42 in the year-ago quarter. International sales accounted for 61 percent of the quarter’s revenue. “With revenue up 7 percent year-over-year, we’re happy to report our third consecutive quarter of accelerating growth and an all-time quarterly record for Services revenue,” said Tim Cook, Apple’s CEO. “We hosted an incredibly successful Worldwide Developers Conference in June, and we’re very excited about the advances in iOS, macOS, watchOS and tvOS coming this fall.” Read more here: https://finance.yahoo.com/news/apple-reports-third-quarter-results-203000545.html

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

Contact Information:
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SOURCE MarketNewsUpdates.com
 

Gig Economy Quickly Becoming Invaluable Tool for Today's Workforce Marketplace

August 3, 2017  By: Editor

Sector:  Technology


Palm Beach, FL --Industry professionals are estimating over 25 percent of today’s U.S. workforce is composed of freelancers workers. Indications are pointing to that percentage could equate to over 60 Million independent workers. Clearly the job market is evolving past the traditional one-job employment. Active in the market as well as keeping a close watch on Gig Economy developments today include: ShiftPixy, Inc. (NASDAQ: PIXY), Groupon, Inc. (NASDAQ: GRPN), Netflix, Inc. (NASDAQ: NFLX), GrubHub Inc. (NASDAQ: GRUB) and Amazon.com, Inc. (NASDAQ: AMZN)

ShiftPixy, Inc. (NASDAQ: PIXY), a disruptive Gig Economy platform provider, announced that it has launched its shift worker mobile app in both the Android and IOS stores for immediate use by ShiftPixy team members in the field. The new app has been designed to bridge the gap between providers of shift-based employment and employees looking for additional, hourly opportunities. Read this and more news for ShiftPixy at http://www.marketnewsupdates.com/news/pixy.html

ShiftPixy’s Co-Founder and CEO, Scott Absher, stated that “the mobile workforce revolution is in full swing. Today’s launch starts our introduction and engagement process for shift workers who are now part of the ShiftPixy ecosystem. The ShiftPixy platform empowers employers to find fully vetted, onboarded and ready workers to fill needed shifts, while employees who have the time, desire and ability can now find new work opportunities with the best employers looking for their specific skills.”

Absher continued, “Our society is moving towards an on-demand lifestyle from Netflix (NASDAQ: NFLX) and Uber to GrubHub (NASDAQ: GRUB), and now ShiftPixy. Our current and growing employee base will be able to onboard themselves with ShiftPixy through the mobile app and begin to manage their personal work lives, giving them the freedom to work when they want, for how long they want, and even for whom they want–as long as the worksite employer is part of the ShiftPixy universe.” Mr. Absher went on to say that “this launch automates the connection between current ShiftPixy field staff to make the onboarding process very simple and paperless. This app is now an employee’s secure personal gateway to manage their employee data, engage in interactive, real-time scheduling and connect to locally available shift opportunities.”

Additional Gig Economy developments:

The most recent way to take advantage of the eat-at-home trend help launch delivery apps like “Groupon To Go” of Groupon, Inc. (NASDAQ: GRPN). You’re seeing more and more “virtual” restaurants that swap waiters for drivers, harnessing the power of the gig economy.

In a recent article published on ChicagoBusiness.com, Groupon's hungry deal-seekers will be able to order from restaurants in Grubhub's stable of 55,000 restaurants directly from the Groupon platform. Grubhub, which has built out a large delivery component through multiple acquisitions, will provide the order and delivery services to Groupon restaurants.

The deal brings Groupon's customer base of 31.6 million to Grubhub. Groupon gets access to 55,000 restaurants and 1,100 Grubhub markets, compared with about 40 cities Groupon had from its acquisition of Baltimore-based OrderUp two years ago.

With the entry of Amazon (NASDAQ: AMZN) and Uber into food delivery, Groupon faced a expensive, uphill fight. Food is just the latest traditional business to be upended by the smartphone and the gig economy where scale is the name of the game. Read this full article at: https://www.chicagobusiness.com/article/20170731/NEWS08/170739988/groupon-teams-up-with-grubhub-for-food-delivery


DISCLAIMER: This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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SOURCE MarketNewsUpdates.com

 

Asset Acquisitions Accelerate in Healthcare Sector Boosting Potential Revenue Growth

August 1, 2017  By: Editor

Sector:  Healthcare


Palm Beach, FL -- The Healthcare sector one was of the better performing sectors in the second quarter and appears to be not far behind the tech sector looking at the year-to-date performance. Healthcare stocks continue to rally upon expectations of a favorable policy environment. The longer-term outlook for the healthcare sector appears to be positive as the sector is a direct beneficiary of the world's demographic trends. Active stocks in the industry with market performance and recent developments include Medical Innovation Holdings, Inc. (OTC: MIHI), Xtant Medical Holdings, Inc. (NYSE: XTNT), AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO), Amarin Corporation plc (NASDAQ: AMRN) and CareDx, Inc. (NASDAQ: CDNA)

Medical Innovation Holdings, Inc. (OTC: MIHI) News: MIHI Enters Into a Definitive Purchase Agreement to Acquire Health and Lifestyle Supplements Company Designed for Better Living, Healthier and Longer Life - Medical Innovation Holdings today announced that they have reached a Definitive Agreement with Renaissance Health Publishing, LLC (RHP) and its wholly owned subsidiaries (http://www.renownhealthproducts.com). Renaissance is a Florida-based nutraceutical company and under this agreement, MIHI will acquire 100% of the assets of the company in a cash and stock transaction valued between $2.5 to $3.5 million dollars. The Company will provide a proprietary product line with specialized formulations along with Trademarked product names. Along with the acquisition of the company and its wholly owned subsidiaries, MIHI will receive top and bottom-line revenue growth, robust customer base, existing staff and management, and certain marketing materials designed to promote the Renaissance product line. Read this and more news for MIHI at http://www.marketnewsupdates.com/news/mihi.html 

Renaissance is a nationally-known research and development company recognized for its portfolio of best-in-class, physician-developed, natural-health supplements designed to provide their customers with a better, healthier, and longer life. For over 16 years, Renaissance has used, and continues to use, the highest quality and concentration of powerful ingredients to create products that are naturally safe and proven to be effective. As a socially-responsible company, they do not perform any animal testing during any of its research and development.

Arturo “Jake” Sanchez, MIHI CEO and Director, stated: “This is the first of many more acquisition agreements to come… we will use RHP as a platform company to acquire additional supplement-based companies to add additional product lines. We are also benefiting our network of physician providers by increasing their access to readily available alternative sources to treat their patients while increasing the practice’s revenues. Under this agreement, we are giving the medical providers the opportunity to provide the best care for their patients by incorporating the latest advances in alternative nutraceuticals into their practice versus harmful and many times unresponsive pharma developed medicines.”

In other Healthcare market activity of note from trading on yesterday:

Xtant Medical Holdings, Inc. (NYSE: XTNT) develops, manufactures and markets class-leading regenerative medicine products and medical devices for domestic and international markets. Xtant products serve the specialized needs of orthopedic and neurological surgeons, including orthobiologics for the promotion of bone healing, implants and instrumentation for the treatment of spinal disease, tissue grafts for the treatment of orthopedic disorders, and biologics to promote healing following cranial, and foot and ankle surgeries. With core competencies in both biologic and non-biologic surgical technologies, Xtant can leverage its resources to successfully compete in global neurological and orthopedic surgery markets.

AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) is a biopharmaceutical company dedicated to advancing a broad portfolio of targeted therapeutics for oncology and other areas of unmet medical need. The Company is focused on seeking to develop and commercialize its lead candidate tivozanib, a potent, selective, long half-life inhibitor of vascular endothelial growth factor 1, 2 and 3 receptors, in North America as a treatment for renal cell carcinoma. AVEO is leveraging multiple partnerships aimed at developing and commercializing tivozanib in oncology indications outside of North America, and at progressing its pipeline of novel therapeutic candidates in cancer, cachexia (wasting syndrome) and pulmonary arterial hypertension (PAH).

Amarin Corporation plc (NASDAQ: AMRN) is a biopharmaceutical company focused on the commercialization and development of therapeutics to improve cardiovascular health. Amarin's product development program leverages its extensive experience in lipid science and the potential therapeutic benefits of polyunsaturated fatty acids. Amarin's clinical program includes a commitment to an ongoing outcomes study. Vascepa® (icosapent ethyl), Amarin's first FDA approved product, is a highly-pure, omega-3 fatty acid product available by prescription.

CareDx, Inc. (NASDAQ: CDNA) headquartered in Brisbane, California, is a molecular diagnostics company focused on the discovery, development and commercialization of clinically differentiated, high-value solutions for transplant recipients. CareDx offers products across the transplant testing continuum, including AlloMap® and AlloSure™ for post-transplant surveillance and Olerup SSP®, Olerup QTYPE®, and Olerup SBT™ for pre-transplant HLA testing.

DISCLAIMER: This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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SOURCE: MarketNewsUpdates.com

 

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