500.com Entered into an Agreement to Acquire Bitcoin Mining Machines

PR Newswire

SHENZHEN, China, Jan. 21, 2021 /PRNewswire/ — 500.com Limited (NYSE: WBAI) (“500.com” or the “Company”), today announced that it has entered into a definitive purchase agreement (the “Agreement”) with certain non-U.S. persons (the “Sellers”) pursuant to which the Company expects to issue approximately US$14.4 million worth of its Class A ordinary shares as consideration to acquire bitcoin mining machines owned by the Sellers.

The Company expects to issue 11,882,860 newly-issued Class A ordinary shares valued at US$1.21 per share, corresponding to US$12.10 per American Depositary Share (“ADS”) (based on the ratio of ten ordinary shares per ADS), the closing trading price of the Company’s ADSs on January 8, 2021, the last trading day prior to the date of the Agreement, for a total consideration of approximately US$14.4 million to acquire bitcoin mining machines owned by the Sellers including such models as the S17, T17, M20s and S9. This transaction is subject to the completion of certain conditions precedent to the closing of the transaction, including the Sellers’ satisfactory completion of required closing conditions. There can be no assurance that the closing conditions will be satisfied, or that the proposed transaction will be consummated.

Assuming no delay to the timetable, this transaction is expected to close in the first quarter of 2021. Upon the consummation of the transaction, the Company plans to install all bitcoin mining machines acquired from the Sellers within four weeks. The Company expects to begin generating revenue from bitcoin mining in the first half of 2021. The total hash power capacity of the bitcoin mining machines acquired in this transaction is estimated to be approximately 918.5 PH/S.

About 500.com Limited

500.com Limited (NYSE: WBAI) is a leading online sports lottery service provider in China. The Company offers a comprehensive and integrated suite of online lottery services, information, user tools and virtual community venues to its users. 500.com was among the first companies to provide online lottery services in China, and is one of two entities that have been approved by the Ministry of Finance to provide online lottery sales services on behalf of the China Sports Lottery Administration Center, which is the government authority that is in charge of the issuance and sale of sports lottery products in China.

Safe Harbor Statements

This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “going forward,” “outlook” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

For more information, please contact:

500.com Limited

[email protected]

Ms. Danni Zheng
Phone: +86 755 8633 8005

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SOURCE 500.com Limited

AbCellera-Discovered Antibody Prevented COVID-19 in Nursing Homes and Reduced Risks by up to 80% for Residents

AbCellera-Discovered Antibody Prevented COVID-19 in Nursing Homes and Reduced Risks by up to 80% for Residents

VANCOUVER, British Columbia–(BUSINESS WIRE)–
AbCellera (Nasdaq: ABCL) today announced that bamlanivimab (LY-CoV555), a human antibody discovered by AbCellera and developed with Eli Lilly and Company (Lilly), significantly reduced the risk of contracting symptomatic COVID-19 among residents and staff of long-term care facilities. Lilly’s Phase 3 BLAZE-2 COVID-19 prevention trial was conducted in partnership with the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH), and the COVID-19 Prevention Network (CoVPN).

Key details from the BLAZE-2 study are as follows:

  • Participants were grouped based on their COVID-19 status at baseline: 965 COVID-19 negative participants (299 residents and 666 staff) were in the prevention group, and 132 COVID-19 positive participants (41 residents and 91 staff) were in the treatment group;
  • Participants in each group were randomized to receive either 4,200 mg of bamlanivimab or placebo;
  • Serious adverse events were reported at a similar frequency in both placebo and bamlanivimab groups, consistent with previous safety observations in Phase 1 and Phase 2 trials;
  • Bamlanivimab reduced the risk of contracting COVID-19 by up to 80% in residents versus placebo (odds ratio 0.20; p=0.00026); and
  • All deaths attributed to COVID-19 occurred in residents receiving the placebo. There were no COVID-19-related deaths of participants receiving bamlanivimab.

“The data from the Phase 3 BLAZE-2 trial show that bamlanivimab provides effective protection against COVID-19 infection, with the greatest impact on the most vulnerable patients,” said Carl Hansen, Ph.D., CEO and President of AbCellera. “Furthermore, data obtained from the treatment group are completely consistent with what was observed in the BLAZE-1 trial. This reinforces the importance of efforts to ensure high-risk patients get access to antibody therapy early in COVID-19 infection. We believe bamlanivimab can save lives if delivered early.”

Additional details about Lilly’s trial are available here.

About AbCellera’s Response to COVID-19

Bamlanivimab was developed from an antibody that was discovered from the blood of a recovered COVID-19 patient using AbCellera’s pandemic response platform, in partnership with the Vaccine Research Center (VRC) at NIAID. Within one week of receiving the sample, AbCellera screened over five million antibody-producing cells to identify and isolate approximately 500 unique antibodies that bind to SARS-CoV-2, the virus that causes COVID-19. The binding antibodies were then tested by AbCellera, the VRC, and Lilly to find those most effective in neutralizing the virus. Bamlanivimab was selected as the lead candidate from this group of antibodies, and was the first therapeutic candidate specifically developed against SARS-CoV-2 to enter human clinical trials in North America. Bamlanivimab was the first monoclonal antibody to receive Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration (FDA) and is currently being assessed in several clinical trials as both a monotherapy and in combination with other antibodies.

AbCellera’s pandemic response capabilities were developed over the past two years as part of the Defense Advanced Research Projects Agency (DARPA) Pandemic Prevention Platform (P3) program. The goal of the P3 program is to establish a robust technology platform for pandemic response capable of developing field-ready medical countermeasures within 60 days of isolation of an unknown viral pathogen. AbCellera’s ongoing efforts to respond to the pandemic have identified more than 2,300 unique anti-SARS-CoV-2 human antibodies from multiple patient samples. These antibodies are in various stages of testing by AbCellera and its partners.

About Bamlanivimab

Bamlanivimab is a recombinant, neutralizing human IgG1 monoclonal antibody (mAb) directed against the spike protein of SARS-CoV-2. It is designed to block viral attachment and entry into human cells, thus neutralizing the virus. Bamlanivimab emerged from the collaboration between Lilly and AbCellera to create antibody therapies for the prevention and treatment of COVID-19. Lilly scientists rapidly developed the antibody in less than three months after it was discovered by AbCellera and the scientists at NIAID VRC. It was identified from a blood sample taken from one of the first U.S. patients who recovered from COVID-19.

Lilly has successfully completed a Phase 1 study of bamlanivimab in hospitalized patients with COVID-19 (NCT04411628). A Phase 2/3 study in people recently diagnosed with COVID-19 in the ambulatory setting (BLAZE-1, NCT04427501) is ongoing. A Phase 3 study of bamlanivimab for the prevention of COVID-19 in residents and staff at long-term care facilities (BLAZE-2, NCT04497987) is ongoing. In addition, bamlanivimab is being tested in the National Institutes of Health-led ACTIV-2 study in ambulatory COVID-19 patients.

Bamlanivimab 700 mg is authorized in the U.S. for the treatment of mild to moderate COVID-19 in adults and pediatric patients 12 years and older with a positive COVID-19 test, who are at high risk for progressing to severe COVID-19 and/or hospitalization. Bamlanivimab should be administered as soon as possible after a positive COVID-19 test and within 10 days of symptom onset.

About AbCellera Biologics Inc.

AbCellera is a technology company that searches, decodes, and analyzes natural immune systems to find antibodies that its partners can develop into drugs to prevent and treat disease. AbCellera partners with drug developers of all sizes, from large pharmaceutical to small biotechnology companies, empowering them to move quickly, reduce cost, and tackle the toughest problems in drug development. For more information, visit www.abcellera.com

AbCellera Forward-looking Statements

This press release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are based on management’s beliefs and assumptions and on information currently available to management. All statements contained in this release other than statements of historical fact are forward-looking statements, including statements regarding our ability to develop, commercialize and achieve market acceptance of our current and planned products and services, our research and development efforts, and other matters regarding our business strategies, use of capital, results of operations and financial position, and plans and objectives for future operations.

In some cases, you can identify forward-looking statements by the words “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks, uncertainties and other factors are described under “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and elsewhere in the documents we file with the Securities and Exchange Commission from time to time. We caution you that forward-looking statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. As a result, the forward-looking statements may not prove to be accurate. The forward-looking statements in this press release represent our views as of the date hereof. We undertake no obligation to update any forward-looking statements for any reason, except as required by law.

Source: AbCellera Biologics Inc.

Inquiries

Media: Jessica Yingling, Ph.D.; [email protected], +1(236)521-6774

Business Development: Kevin Heyries, Ph.D.; [email protected], +1(604)559-9005

Investor Relations: Melanie Solomon; [email protected], +1(778)729-9116

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Research Nursing Infectious Diseases Biotechnology Health Pharmaceutical General Health Other Science Science

MEDIA:

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Oramed Doses Patients Across Multiple Sites in Phase 3 Oral Insulin Study

Randomization of patients in the world’s first Phase 3 oral insulin study conducted under FDA approved protocol

PR Newswire

NEW YORK, Jan. 21, 2021 /PRNewswire/ — Oramed Pharmaceuticals Inc. (Nasdaq: ORMP) (TASE: ORMP) (www.oramed.com), a clinical-stage pharmaceutical company focused on the development of oral drug delivery, announced today that randomization of patients in its first Phase 3 study of its oral insulin capsule ORMD-0801 for the treatment of type 2 diabetes (T2D) is under way.  The study is being conducted in accordance with U.S. Food and Drug Administration (FDA) approved protocols.

Oramed Pharmaceuticals Logo

“We’re excited to be the first company in the world to conduct an FDA approved Phase 3 study for oral insulin,” said Oramed CEO Nadav Kidron.  “This is an important study and we’re pleased that recruitment for the study is proceeding as planned.  We look forward to sharing more updates as we progress.”

About the Study

ORA-D-013-1 is recruiting 675 patients who are currently on two or three oral glucose-lowering agents through 75 clinical sites throughout the U.S. The primary endpoint of the study is to compare the efficacy of ORMD-0801 to placebo in improving glycemic control as assessed by A1c, with a secondary endpoint of assessing the change from baseline in fasting plasma glucose at 26 weeks. Efficacy data will become available after all patients have completed the first 6-month treatment period.

The ORA-D-013-1 trial is a double blind, double dummy study randomizing patients 1:1:1 for: 8 mg ORMD-0801 once-daily at night and placebo 45 minutes before breakfast; or 8 mg ORMD-0801 twice-daily at night and 45 minutes before breakfast; or placebo twice-daily at night and 45 minutes before breakfast.

About Oramed Pharmaceuticals

Oramed Pharmaceuticals is a platform technology pioneer in the field of oral delivery solutions for drugs currently delivered via injection. Established in 2006, with offices in New York and Israel, Oramed has developed a novel Protein Oral Delivery (POD™) technology. Oramed is seeking to transform the treatment of diabetes through its proprietary lead candidate, ORMD-0801, which has the potential to be the first commercial oral insulin capsule for the treatment of diabetes. The Company has completed multiple Phase II clinical trials under an Investigational New Drug application with the U.S. Food and Drug Administration. In addition, Oramed is developing an oral GLP-1 (Glucagon-like peptide-1) analog capsule, ORMD-0901.

For more information, please visit www.oramed.com.

Forward-looking statements:  This press release contains forward-looking statements. For example, we are using forward-looking statements when we discuss the potential efficacy of ORMD-801, the potential of ORMD-0801 to be the first commercial oral insulin capsule for the treatment of diabetes or revolutionizing the treatment of diabetes with our products. In addition, historic results of scientific research and clinical trials do not guarantee that the conclusions of future research or trials will suggest identical or even similar conclusions. These forward-looking statements are based on the current expectations of the management of Oramed only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including the risks and uncertainties related to the progress, timing, cost, and results of clinical trials and product development programs; difficulties or delays in obtaining regulatory approval or patent protection for our product candidates; competition from other pharmaceutical or biotechnology companies; and our ability to obtain additional funding required to conduct our research, development and commercialization activities. In addition, the following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; delays or obstacles in launching our clinical trials; changes in legislation; inability to timely develop and introduce new technologies, products and applications; lack of validation of our technology as we progress further and lack of acceptance of our methods by the scientific community; inability to retain or attract key employees whose knowledge is essential to the development of our products; unforeseen scientific difficulties that may develop with our process; greater cost of final product than anticipated; loss of market share and pressure on pricing resulting from competition; laboratory results that do not translate to equally good results in real settings; our patents may not be sufficient; and finally that products may harm recipients, all of which could cause the actual results or performance of Oramed to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, Oramed undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risks and uncertainties affecting Oramed, reference is made to Oramed’s reports filed from time to time with the Securities and Exchange Commission.

Company Contact

Estee Yaari

+1-844-9-ORAMED
[email protected]

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SOURCE Oramed Pharmaceuticals Inc.

BRY FINAL DEADLINE TODAY: ROSEN, TRUSTED NATIONAL TRIAL COUNSEL, Reminds Berry Corporation Investors of Important January 21 Deadline in Securities Class Action – BRY

NEW YORK, Jan. 21, 2021 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Berry Corporation (NASDAQ: BRY): (a) pursuant and/or traceable to the Company’s initial public offering conducted on or about July 26, 2018 (the “IPO” or “Offering”); and/or (b) between July 26, 2018 and November 3, 2020, both dates inclusive (the “Class Period”), of the important January 21, 2021 lead plaintiff deadline in securities class action. The lawsuit seeks to recover damages for Berry investors under the federal securities laws.

To join the Berry class action, go to http://www.rosenlegal.com/cases-register-1991.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

The complaint alleges that the Offering Documents, and, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Berry had materially overstated its operational efficiency and stability; (2) Berry’s operational inefficiency and instability would foreseeably necessitate operational improvements that would disrupt the Company’s productivity and increase costs; (3) the foregoing would foreseeably negatively impact the Company’s revenues; and (4) as a result, the Offering Documents and the Company’s public statements were materially false and/or misleading and failed to state information required to be stated therein. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 21, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1991.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
 
  Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com



Norm Ferguson awarded Financial Executives International Canada’s (FEI Canada) Highest Honour: The Frank S. Capon Distinguished Service Award

Toronto, Jan. 21, 2021 (GLOBE NEWSWIRE) — Each year, Financial Executives International Canada (FEI Canada) recognizes a member who has made substantial contributions to improving the organization. FEI Canada is thrilled to announce that the 2020 Frank S. Capon Distinguished Service Award winner is Norm Ferguson of the Edmonton Chapter.

Norm Ferguson is the Managing Director at Ogilvie LLP, a 100-year-old law firm located in Edmonton, Alberta. Norm is also an active member of the CPA profession and Edmonton’s business community. In 2020, Norm received CPA Alberta’s Distinguished Service Award, recognizing members of the profession who have demonstrated a significant achievement within the last five years and brought honour to the profession.

For over 15 years, Norm has been a dynamic and enthusiastic FEI Canada member and volunteer who has made considerable, tangible improvements to the organization. During his FEI Canada career, Norm was instrumental in spearheading the pre-budget submissions to the House of Commons Standing Committee on Finance (FINA). Norm has also been a big advocate of the Canadian Financial Executives Research Foundation (CFERF) and has assisted in presenting to the FEI Canada Board the value proposition CFERF offers to not just members but also the Canadian finance community. As well as this, Norm has served, and still currently serves, with distinction, as the Chair of the FEI Canada Policy Forum.

It is not just at the national level where Norm has contributed to the organization. Norm’s stewardship and dedication have also been evident at his local Edmonton chapter. At the chapter level, Norm has been vital in board transitions, onboarding and setting the Edmonton chapter’s positive strategy.

Norm’s hard-working, diligent attitude to FEI Canada has been nothing short of remarkable, and he is undoubtedly a deserving recipient of such an esteemed award.

FEI Canada sends a heartfelt thank you to Norm Ferguson for his service to the organization.

The Frank S. Capon Distinguished Service Award ceremony will take place at the upcoming 2021 FEI Canada Virtual Interchange: Leading With Resilience, which will take place, February 16-17, 2021. For all information, and to register for the Interchange, head to www.feicanadaconference.ca.

About Financial Executives International Canada (FEI Canada)

Financial Executives International Canada (FEI Canada) is the leading voice and informed choice for senior financial executives across the country. With 12 chapters and 1,500+ members, FEI Canada provides professional development, networking opportunities, thought leadership and advocacy services to its members. The association membership consists of senior-level financial executives spanning various industries, functions and disciplines, representing a significant number of Canada’s leading and most influential corporations. For more information, please visit www.feicanada.org or follow us on LinkedIn https://ca.linkedin.com/company/fei-canada and Twitter @FEICanada.

Attachment



Thomas Rigg, Associate Director, Communications
Financial Executives International Canada
416 366 3007 ext. 5105
[email protected]

SKF’s year-end results to be published on 2 February

PR Newswire

GOTHENBURG, Sweden, Jan. 21, 2021 /PRNewswire/ — SKF will publish its year-end results for 2020 on 2 February 2021 at approximately 13:00 (CET).

Investors, analysts and media are invited to join a Webcast, with the opportunity to ask questions via the chat function, at 14:00 (CET).

To join the Webcast, please login at least 10 minutes before the start using the below link or phone numbers.Link to web event: https://www.investis-live.com/skf/60087dd9dd22a114004e75a2/emds

Sweden                                +46 10 884 8016

UK / International                  +44 20 3936 2999

Passcode:                            812094

All information regarding the results will be made available on the Group’s website: https://investors.skf.com/en/reports-and-presentations

Media: To book interviews with Alrik Danielson and Niclas Rosenlew after the Webcast, please contact Theo Kjellberg on [email protected] or +46 725 77 65 76.

Aktiebolaget SKF

      (publ) 

For further information, please contact:
PRESS: Theo Kjellberg
Director, Press Relations
tel: 46 31 337 6576
mobile: 46 725-776576
e-mail: [email protected] 

INVESTOR RELATIONS:
Patrik Stenberg
Head of Investor Relations
46 31-337 2104;
46 705-472 104;
[email protected]

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/skf-s-year-end-results-to-be-published-on-2-february,c3271642

The following files are available for download:

 

Cision View original content:http://www.prnewswire.com/news-releases/skfs-year-end-results-to-be-published-on-2-february-301212570.html

SOURCE SKF

IIROC Trade Resumption – IFA

Canada NewsWire

TORONTO, Jan. 21, 2021 /CNW/ – Trading resumes in:

Company: iFabric Corp.

TSX Symbol: IFA

All Issues: Yes

Resumption (ET): 8:00 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

IIROC Trade Resumption – DIR.UN

Canada NewsWire

TORONTO, Jan. 21, 2021 /CNW/ – Trading resumes in:

Company: Dream Industrial Real Estate Investment Trust

TSX Symbol: DIR.UN 

All Issues: Yes

Resumption (ET): 8:00 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Creative Medical Technology Holdings Recruits Founder of Inc 500 Clinical Trials Company Dr. Boris Reznik to Accelerate Development of ImmCelz® Through FDA

Company Aims to Initiate Multiple Clinical Trials Following Filing of First ImmCelz® “Regenerative Immunotherapy” IND

PR Newswire

PHOENIX, Jan. 21, 2021 /PRNewswire/ — (OTC – CELZ) Creative Medical Technology Holdings Inc. announced today recruitment of Dr. Boris Reznik to the Company’s Scientific Advisory Board. 

Dr. Reznik is a veteran of multiple startups and has a strong track record of building companies across a diverse set of technologies-based industries with biomedical sciences being one of his primary focuses.

His company, Biorasi, global CRO ran an excess of 500 clinical trials and obtained numerous FDA approvals.  Dr. Reznik led Biorasi to being awarded the INC 500 “Fastest Growing Company” Award and to a successful exit. 

Boris Reznik is the Chairman of Venvalo Group, venture value optimization firm. During his career, Dr. Reznik founded and built technology companies into market leaders and successfully dealt with both Fortune 500 and emerging companies as clients and partners. He has been a lead or co-investor in startups and mid-market firms and has participated in M&A transactions ranging from Millions to Billions. Dr. Reznik has a depth of experience in processes and systems – a unique perspective in the drug and device development world.

“I am proud to be one of the early investors in Creative Medical Technology Holdings.  Its executives are one of the most driven, motivated and talented teams that I have had the pleasure of investing in.  I am honored to be invited as a partner to accelerate development of ImmCelz® to help patients with heart failure, liver failure, diabetes, and stroke, as well as aiding in their ongoing development of other assets in their robust portfolio” Said Dr. Reznik.

“Working with Dr. Reznik will allow us to “fast forward” the development process of ImmCelz®, as well as other cellular therapies currently in development.” Said Dr. Amit Patel, Board Member of the Company and co-founder. “I have previously collaborated with Dr. Reznik on numerous projects and I am excited to witness the unfolding of Dr. Reznik’s life mantra of “Creating Value from Potential™”

“Dr. Reznik’s involvement in our clinical development plan, as well as his overall corporate and strategic insight will synergize with our existing strengths to significantly enhance shareholder value.” Said Timothy Warbington, President and CEO of the Company.  “I enjoy working with Dr. Reznik because of his unique multidisciplinary, multidimensional, “systems based” approach to handling complicated problems.  We look forward to bringing life-saving therapies to fruition as quickly as possible.”

About Creative Medical Technology Holdings

Creative Medical Technology Holdings, Inc. is a commercial stage biotechnology company specializing in regenerative medicine – stem cell technology in the fields of urology, neurology and orthopedics and trades on the OTC under the ticker symbol CELZ. For further information about the company, please visit www.creativemedicaltechnology.com

Forward Looking Statements

OTC Markets has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming clinical trials and laboratory results, marketing efforts, funding, etc. Forward-looking statements address future events and conditions and, therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. See the periodic and other reports filed by Creative Medical Technology Holdings, Inc. with the Securities and Exchange Commission and available on the Commission’s website at www.sec.gov.

www.CaverSten.com   
www.FemCelz.com  
www.StemSpie.com  
www.ImmCelz.com

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SOURCE Creative Medical Technology Holdings, Inc.

Benevity Releases Fourth Annual list of Top 10 Causes Supported by Companies and Their People

  • Nonprofits supporting racial justice and food security dominate Top 10 list for the first time
  • Four causes from 2019 retain their Top 10 positions in 2020
  • Overall giving is up dramatically: 2019’s Top 10 Causes see 58 percent increase in donations

CALGARY, Alberta, Jan. 21, 2021 (GLOBE NEWSWIRE) — Benevity, Inc., the leading provider of global corporate purpose software, today announced its annual trend data on the 2020 Top Causes that companies and their people supported through the Benevity platform, as well as the shifts in ranking compared with the previous two years. This year’s Top 10 Causes received $232 million and were among 189,000 nonprofit organizations that saw a record-breaking $2.3 billion donated through the Benevity platform in 2020 — a 63 percent increase over the previous year. Over 300,000 global causes have received funds through the Benevity platform to date.

Key Findings

  • Causes supporting racial justice and equity hold the top three positions, and comprise more than half of the donations (51 percent) to the Top 10 Causes: NAACP, Equal Justice Initiative, ACLU and Thousand Currents (the official fiscal sponsor of the Black Lives Matter Global Network Project from 2016 to mid-2020).
  • Feeding America and Second Harvest of Silicon Valley see a dramatic year-over-year increase in donations, 14x and 7.5x respectively, indicating a desire for people to provide food security for those experiencing a loss of income during the COVID-19 pandemic.
  • The Top 10 Causes of 2019 collectively received 58 percent more donations in 2020; four nonprofits made the list two years in a row: ACLU, Red Cross, Doctors Without Borders and St. Jude Children’s Research Hospital.
  • Although Red Cross and Doctors Without Borders each dropped one spot in the Top 10 Causes ranking, both received well over double the amount of donations this year over last.
  • 51 percent of Red Cross donations went to the American Red Cross, followed by the Australian, Lebanese, Canadian, British and Italian societies.
  • Donations to the Armenia Fund skyrocketed from several thousand dollars annually to millions as the 2020 Nagorno-Karabakh war began in late September.

Seasonal donation trends were disrupted as a result of the COVID-19 pandemic which prompted a swift shift toward support for human services and food security from March through May. Then, an exponential spike in support for racial justice and equity came in June following the murder of George Floyd.

“The shift in top causes receiving support is a clear indication that business is improving the fabric of society by backing the causes chosen by their people through grassroots, bottoms-up action — a growing trend over the past decade that has reached a tipping point this year,” said Bryan de Lottinville, Founder and CEO of Benevity. “Corporate purpose is taking hold where all great movements do, in a groundswell of action from employees, the progressive employers who empower them, their customers who are increasingly discerning about the brands they support, and the community organizations who rely on their support.”

“During this unprecedented year, our global community has come together like never before,” said Don Herring, chief development officer at the American Red Cross. “The generosity of companies and their employees through Benevity has helped American Red Cross volunteers provide emergency shelter, meals, emotional support and distribute relief items to hundreds of thousands of people in need.”

Benevity data from 2020 showed that more people gave more money to nonprofits than ever before. In fact, 51 percent more people donated through corporate purpose programs in 2020, with 41 percent more dollars per donation.

About Benevity


Benevity
, a certified B Corporation, is the leader in global corporate purpose software, providing the only integrated suite of community investment and employee, customer and nonprofit engagement solutions. A finalist in Fast Company’s 2020 World Changing Ideas Awards, many iconic brands rely on Benevity’s cloud solutions to power their purpose in ways that better attract, retain and engage today’s diverse workforce, embed social action into their customer experiences and positively impact their communities. With software that is available in 20 languages, Benevity has processed more than 6 billion dollars in donations and 34 million hours of volunteering time, 275,000 positive actions and awarded over one million grants to 300,000 nonprofits worldwide.

Media Contact

Amanda Orr
Kickstart for Benevity
1.323.601.5734
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e172f3c1-9453-4b16-8733-5c3684886bc5