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."
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FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and
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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
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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
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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,
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"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
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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
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SOURCE: MarketNewsUpdates.com
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
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date hereof and MNU undertakes no obligation to update such statements.
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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 Medical 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
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Contact Information:Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com
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.
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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
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE: MarketNewsUpdates.com
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 medical
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. The
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com
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)
and
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.
Contact
Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE:
MarketNewsUpdates.com
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
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
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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
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ANY COMPANY NAMED IN THIS RELEASE.
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Exchange Act of 1934, as amended and such forward-looking statements are made
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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
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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
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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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
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
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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
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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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
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.
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
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com
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.
Contact Information:
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SOURCE MarketNewsUpdates.com
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.
Contact Information:
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SOURCE MarketNewsUpdates.com
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com
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
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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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com
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.
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
SOURCE MarketNewsUpdates.com
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.
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
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.
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com
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.
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
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release. MNU is not liable for any investment decisions by its readers or
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has been compensated twenty three hundred dollars for news coverage of the
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OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section
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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,
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"future", "plan" or "planned", "will" or "should", "expected," "anticipates",
"draft", "eventually" or "projected". You are cautioned that such statements are
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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
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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
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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,
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"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
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SOURCE MarketNewsUpdates.com
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.
Contact Information:
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SOURCE MarketNewsUpdates.com
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com
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.
Contact Information:
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SOURCE MarketNewsUpdates.com
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE MarketNewsUpdates.com
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.
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
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:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
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.
Contact Information:
Media Contact email: info@marketnewsupdates.com - +1(561)325-8757
SOURCE: MarketNewsUpdates.com
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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 FNMG undertakes no obligation to update such
statements.
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