Badger Daylighting Ltd. December 2020 Cash Dividend

CALGARY, Alberta, Dec. 15, 2020 (GLOBE NEWSWIRE) — Badger Daylighting Ltd. (“Badger”) is pleased to announce its December 2020 cash dividend.

December 2020 Cash Dividend

Badger today announced that the directors of Badger declared a cash dividend for the month of December 2020 of $0.05 per share, which equates to $0.60 per share on an annualized basis. Payment will be made on or about January 15, 2021, to shareholders of record on December 31, 2020.

Badger expects that the dividend will be an “eligible dividend” for Canadian income tax purposes and thus qualify for the enhanced gross-up and tax credit regime for certain shareholders.

About Badger Daylighting Ltd.

Badger Daylighting Ltd. (TSX:BAD) is North America’s largest provider of non-destructive excavating services. Badger traditionally works for contractors and facility owners in a broad range of infrastructure industries. The Company’s key technology is the Badger Hydrovac, which is used primarily for safe digging in congested grounds and challenging conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. Badger manufactures its truck-mounted hydrovac units.

F
or
further
i
n
f
o
rm
a
t
i
on:

Paul Vanderberg, Presidentand CEO
Darren Yaworsky, Vice President, Finance and CFO
Pramod Bhatia, Vice President, Strategic Planning and Investor Relations

Badger Daylighting Ltd.

ATCO Centre Ⅱ
Suite 400, 919 – 11th Avenue SW
Calgary, Alberta T2R 1P3
Telephone (403) 264-8500
Fax (403) 228-9773

Source: Badger Daylighting Ltd.



Pinduoduo named digital agriculture pioneer at 2020 World Digital Agriculture Conference

SHANGHAI, China, Dec. 15, 2020 (GLOBE NEWSWIRE) — Pinduoduo Inc. (NASDAQ: PDD), China’s largest agri-focused technology platform, was named a pioneer in digital agriculture at a major conference, with its “cloud agriculture” model recognized as one of the top 10 achievements in digital agriculture in the world.

The accolades were handed out at the 2020 World Digital Agriculture Conference held in Guangzhou, China, on Dec. 12. The conference aims to demonstrate the integration of digital technology and modern agriculture, and the organizing committee selected several case studies to showcase how digital technology empowers agriculture.

Pinduoduo has focused on agriculture since its establishment in 2015 and has become the go-to destination for high quality, great value agricultural products. In 2019, the transaction volume of farm products reached RMB 136.4 billion (US$20.8 billion) on Pinduoduo’s online marketplace.

As of the end of 2019, Pinduoduo has covered almost all agricultural production areas in China, with more than 12 million agrarian producers directly connected to the marketplace serving more than 700 million consumers.

Pinduoduo has brought a systems approach to tackling the inter-related issues at various points of the agricultural value chain, committing substantial resources and investments to solve entrenched structural problems in the industry.

The company’s initiatives include improving downstream market access for farmers and training younger e-commerce talent, revamping midstream logistics infrastructure to reduce waste, lower costs and speed up the delivery of agricultural products. Pinduoduo also works with industry partners and universities to develop upstream technology to increase the resilience of the food supply chain.

Earlier this year, Pinduoduo jointly organized the Smart Agriculture Competition with the China Agricultural University, under the technical guidance of the Food and Agriculture Organization of the United Nations. The competition sought to identify cost-efficient and scalable agricultural technology that can be promoted as standardized solutions across China. The final results are expected to be released on Dec. 16, 2020.

About Pinduoduo Inc.

Pinduoduo is an innovative and fast-growing technology platform that provides buyers with value-for-money merchandise and fun and interactive shopping experiences. The Pinduoduo mobile platform offers a comprehensive selection of attractively priced merchandise, featuring a dynamic social shopping experience that leverages social networks effectively.

For more information on Pinduoduo news and industry trends, please visit our content hub at http://stories.pinduoduo-global.com/.

For media enquiries, please contact us at [email protected]



Philadelphia Eagles Reach Multi-Year Deal with Esports Entertainment Group to Become NFL’s First Esports Tournament Club Provider

NEWARK, N.J., Dec. 15, 2020 (GLOBE NEWSWIRE) — Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) (or the “Company”) has announced a landmark multi-year partnership with the Philadelphia Eagles where it will serve as the first esports tournament provider for an NFL club. As part of the multi-year agreement, EEG will operate bi-annual Madden NFL esports tournaments for the Eagles utilizing the Esports Gaming League (“EGL”) platform. Also under the terms of the deal, the Eagles will become an EEG shareholder.

“We are thrilled to partner with the Philadelphia Eagles as they introduce their fans to the world of competitive esports gaming,” said Grant Johnson, CEO of Esports Entertainment Group. “The Eagles join a growing list of high-profile organizations that have chosen Esports Entertainment Group as their esports tournament provider, affording us an incredible opportunity to expand our brand reach within multiple large, dedicated fan bases and setting the stage for significant growth ahead. We intend to build on this momentum.”

As a proud partner of the Philadelphia Eagles, EEG will leverage player imagery within the Eagles local market. Esports Entertainment Group will also work with Eagles players to create custom videos that will promote the tournaments and be featured in the Eagles extensive ongoing digital marketing efforts spanning social, email, mobile, and online channels.

“This innovative partnership with Esports Entertainment Group presents a wonderful opportunity for us to expand our reach in a growing market and create new experiences for Eagles fans,” said Catherine Carlson, Senior Vice President, Revenue and Strategy, Philadelphia Eagles. “Esports Entertainment Group has always been a progressive leader in the esports space and has been ahead of the curve in terms of how its interactive platform brings together gaming enthusiasts from all around the world. We look forward to debuting a number of exciting projects through this partnership, including the launch of the highly anticipated Madden tournament series on the Esports Gaming League platform.”

“Our tournament segment is a key component of our Three Pillar growth strategy,” said Magnus Leppäniemi, EVP Esports at EEG. “This partnership with the Philadelphia Eagles is a testament to the quality of our platform and ability to deliver. We look forward to a long and mutually rewarding relationship.”

EGL enables live and online events and tournaments where gamers can compete and enjoy a wide range of content relating to esports and video games on a proprietary technology platform. Services include full turnkey esports events, live broadcast production, game launches, and online branded tournaments.

About Esports Entertainment Group

Esports Entertainment Group, Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Esports Entertainment offers fixed odds wagering, fantasy and pools on various esports events in a licensed, regulated and secure platform at vie.gg and owns and operates online sports book, SportNation.bet. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multiplayer mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds a license to conduct online gambling and 18+ gaming on a global basis in the UK, Ireland, Malta and Curacao. The Company maintains offices in New Jersey, the UK and Malta. For more information visit www.esportsentertainmentgroup.com.

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

U.S. Investor Relations 
RedChip Companies, Inc.
Dave Gentry
407-491-4498
[email protected]

Media & Investor Relations Inquiries

[email protected]



Secure Technology Alliance and U.S. Payments Forum Name Jason Bohrer as New Director

Succeeds retiring 18-year director Randy Vanderhoof

PRINCETON JUNCTION, N.J., Dec. 15, 2020 (GLOBE NEWSWIRE) — The Secure Technology Alliance and U.S. Payments Forum today announced Jason Bohrer as the new executive director of both organizations. Bohrer brings 27 years of executive leadership experience in sales, operations and managed services. His impressive record of achievements spans payments, access control and identity management at CPI Card Group, HID Global and Motorola. Bohrer is well positioned to help both organizations advance their missions to accelerate the adoption of technologies and solutions that provide speed, convenience and security in an increasingly digital world.

“The Secure Technology Alliance and the U.S. Payments Forum are the go-to organizations for collaboration, education, best practices and guidance in the security and payments technology industries,” said Bohrer. “I am thrilled to have the opportunity to support these organizations and their wide-reaching initiatives, and I look forward to building upon the great work that was already done under Randy Vanderhoof’s leadership. Looking ahead, rapid changes in payments, security, mobile ID services, IoT, and transit fare collection technologies and solutions will continue, and these two organizations will be at the forefront of the transformation and implementation of those businesses. There is much to do and I’m excited to kick off 2021 in this new role.”

Bohrer succeeds retiring Randy Vanderhoof, whose career as executive director of the Smart Card Alliance began in 2002 when smart cards were virtually unknown in the U.S. The organization scored rapid successes under Vanderhoof’s stewardship, including working with government agencies and technology providers to implement Personal Identity Verification (PIV) cards as a common government-wide identity credential. Soon after, the organization helped standardize contactless smart card technology for U.S. electronic passports. The crowning achievement came in 2012, when after years of effort, the Alliance led the conversion of the entire U.S. payments industry to chip cards through the creation of the EMV Migration Forum, now the U.S. Payments Forum. This record of accomplishment testifies to Vanderhoof’s legacy as a visionary leader and the organizations’ collaborative successes in realizing these complex business and technology implementations.

Both organizations are moving into 2021 with tremendous momentum and new member-led projects and initiatives. These activities align with industry-driven priorities and provide guidance to help their industries evolve efficiently and securely.

“The Alliance has been an influential force to help drive national markets toward more secure and convenient technologies,” said Oliver Manahan, co-chair of the Alliance’s Board of Directors. “As we shift our focus to technologies that enable new applications like mobile driver’s licenses and Mobility-as-a-Service, Jason’s fresh insights and energy will be extremely valuable, and we look forward to changing the world together.”

“We are coming out of a year of rapid change in consumer shopping and payment preferences, and the Forum is looking forward to continuing to provide guidance and best practices to the industry for 2021,” said Kristy Cook, chair of the U.S. Payments Forum Steering Committee. “Jason brings extensive leadership experience, payment insight and an appreciation for the diversity of payment stakeholders to the role, and we’re excited to have him leading the Forum as we foster emerging payments and technologies into the U.S. market.”

About the Secure Technology Alliance

The Secure Technology Alliance is the digital security industry’s premier association. The Alliance brings together leading providers and adopters of end-to-end security solutions designed to protect privacy and digital assets in payments, mobile, identity and access, healthcare, transportation and the emerging Internet of Things (IoT) markets.

The Alliance’s mission is to stimulate understanding, adoption and widespread application of connected digital solutions based on secure chip and other technologies and systems needed to protect data, enable secure authentication and facilitate commerce.

The Alliance is driven by its U.S.-focused member companies. They collaborate by sharing expertise and industry best practices through industry and technology councils, focused events, educational resources, industry outreach, advocacy, training and certification programs. Through participation in the breadth of Alliance activities, members strengthen personal and organizational networks and take away the insights to build the business strategies needed to commercialize secure products and services in this dynamic environment.

For more information, please visit www.securetechalliance.org.

About the U.S. Payments Forum

The U.S. Payments Forum is a cross-industry body focused on supporting the introduction and implementation of new and emerging technologies that protect the security of, and enhance opportunities for payment transactions within the U.S. The Forum is the only non-profit organization whose membership includes the whole payments ecosystem, ensuring that all stakeholders have the opportunity to coordinate, cooperate on, and have a voice in the future of the U.S. payments industry.

For more information, please visit www.uspaymentsforum.org.

CONTACT:

Adrian Loth and Dana Kringel
Montner Tech PR
203-226-9290
[email protected]
[email protected] 



Cidara Therapeutics Appoints Biotechnology Industry Veteran Christopher Kurtz As Executive Vice President of Technical Operations

Former head of commercial API manufacturing at Gilead Sciences will lead technical operations for development of Cidara’s antifungal and antiviral programs

SAN DIEGO, Dec. 15, 2020 (GLOBE NEWSWIRE) — Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company developing long-acting therapeutics designed to transform the standard of care for patients facing serious fungal or viral infections, today announced the appointment of Christopher (Chris) Kurtz as executive vice president of technical operations. Mr. Kurtz brings more than 26 years of experience in global manufacturing, engineering, supply chain, CMC development and program management for drugs and devices at various stages of development.

“We are pleased to welcome Chris to our leadership team at such a pivotal time for our antifungal and antiviral programs,” said Jeffrey Stein, Ph.D., president and chief executive officer of Cidara. “Chris’s leadership and deep manufacturing expertise, delivering both biologic and small molecule drugs to market, will be invaluable as we advance rezafungin, currently in pivotal Phase 3 trials, towards filing, and advance our antiviral conjugate (AVC) influenza program to IND filing.”

Prior to joining Cidara, Mr. Kurtz served as head of commercial API manufacturing at Gilead Sciences, where he and his team played an instrumental role in the recent launches of products such as Biktarvy and Veklury (remdesivir). He previously served as vice president, for drug device industrialization at AbbVie, where he led product scale-up and industrialization projects for drug-device combinations. Prior to that, Mr. Kurtz held a number of leadership positions where he managed the development, scale-up and commercialization of drugs, biologics, medical devices and combination products at various companies, including Monsanto, Nektar Therapeutics, Alza Corporation, Alexza and Novo Nordisk. He has successfully established supply capabilities and navigated products from late-stage development through approval, launch and sustained commercialization. Mr. Kurtz holds a B.S. in chemical engineering from the University of Colorado and is a graduate of the Westinghouse S3G Nuclear Engineering Program. He is also a proud veteran of the US Navy Submarine Force.

Mr. Kurtz commented, “Cidara’s commitment to the development of novel long-acting therapeutics for serious fungal and viral infections is of vital importance now more than ever. Rezafungin has the potential to become the new standard of care for the treatment and prevention of invasive fungal infections globally, and I look forward to leveraging my manufacturing and supply chain expertise to support a successful launch in the coming years. Additionally, Cidara is leveraging its Cloudbreak platform to create a new class of long-acting antivirals in influenza, RSV and HIV, and I am very excited to work with the Cidara team to advance these programs.”

About Rezafungin

Rezafungin is a novel once-weekly echinocandin being developed for both the treatment and prevention of serious fungal infections, such as candidemia and invasive candidiasis. The structure and properties of rezafungin are specifically designed to improve upon a clinically validated mechanism intended to enhance its efficacy and safety potential for patients. Cidara is currently conducting a Phase 3 clinical trial with rezafungin for the first-line treatment of candidemia and/or invasive candidiasis (ReSTORE trial) and a second Phase 3 clinical trial of once-weekly rezafungin for the prevention of invasive fungal disease in patients undergoing allogeneic blood and marrow transplantation (ReSPECT trial).

About Cloudbreak AVCs

Cidara is developing a new generation of immunotherapeutic antivirals from its Cloudbreak antiviral platform that couple potent antivirals to a human antibody fragment. These long-acting, antiviral conjugates (AVCs) directly inhibit viral proliferation while simultaneously engaging the immune system. AVCs are initially being studied for the prevention and treatment of seasonal and pandemic influenza, with the potential to deliver universal protection for an entire flu season with a single dose. Cidara is also advancing preclinical and discovery AVC programs to target other life-threatening viruses, such as RSV, HIV and CoV, including COVID-19.

About Cidara Therapeutics

Cidara is developing long-acting therapeutics designed to transform the standard of care for patients facing serious fungal or viral infections. The Company’s portfolio is comprised of its lead antifungal candidate, rezafungin, in addition to antiviral conjugates (AVCs) for the prevention and treatment of influenza and other viral diseases from Cidara’s proprietary Cloudbreak® antiviral platform. Cidara is headquartered in San Diego, California. For more information, please visit www.cidara.com.

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of 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 “anticipates,” “expect,” “may,” “plan” or “will”. Forward-looking statements in this release include, but are not limited to, statements related to the potential for rezafungin to transform the standard of care in treatment and prevention of invasive fungal infections, as well as the potential of the Cloudbreak platform to create a new class of long-acting AVCs in influenza, RSV and HIV. 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, such as unanticipated delays in or negative results from Cidara’s clinical trials, impacts of the COVID-19 pandemic on patient enrollment or other obstacles to the development of rezafungin and advancement of Cidara’s other development programs. These and other risks are identified under the caption “Risk Factors” in Cidara’s most recent Quarterly Report on Form 10-Q and other filings subsequently made with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management’s assumptions and estimates as of such date. Cidara does not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise.

INVESTOR CONTACT:

Brian Ritchie
LifeSci Advisors
(212) 915-2578
[email protected]

MEDIA CONTACT:

Karen O’Shea, Ph.D.
LifeSci Communications
(929) 469-3860
[email protected]



CHF Solutions Announces Meta-Analysis Demonstrates Ultrafiltration is Better than Diuretic Therapy for the Management of Volume Overload in ADHF

EDEN PRAIRIE, Minn., Dec. 15, 2020 (GLOBE NEWSWIRE) — CHF Solutions (Nasdaq: CHFS), a medical device company dedicated to changing the lives of patients suffering from fluid overload, today announced a meta-analysis published in Heart Failure Reviews concludes that ultrafiltration (UF) increases fluid removal and weight loss and reduces rehospitalization and the risk of worsening heart failure in congestive patients, suggesting ultrafiltration as a safe and effective treatment option for volume-overload heart failure patients.

When hospitalized, 88% of patients with acute decompensated heart failure (ADHF) are treated with diuretics, yet many have suboptimal responses (diuretic resistance, electrolyte imbalances, deteriorating renal function). One in four of patients are re-hospitalized within 30 days. 1

The article, “Ultrafiltration is better than diuretic therapy for volume-overloaded acute heart failure patients: A meta-analysis,” included eight randomized controlled studies involving 801 ADHF patients. The authors investigated possible advantages of UF compared to diuretic treatment regarding fluid removal, weight loss, rehospitalization for heart failure and all-cause mortality. Data from the analysis demonstrated:

  • UF was statistically better than diuretics in terms of increased fluid removal and weight loss.
  • UF resulted in statistically significant decreases in worsening heart failure.
  • A reduction of heart failure rehospitalization with the use of UF was sustained between 30 days and 1 year.
  • No statistically significant difference between therapies in renal impairment and all-cause mortality.
  • UF is a safe and effective treatment option for volume-overloaded ADHF patients.

“While most patients with heart failure are treated with diuretics, only part of them attain the desired pharmacological targets, and a significant portion of patients display suboptimal response with persistent overhydration, poor outcomes and high hospital readmission rates,” said Dr. Claudio Ronco, Full Professor at the University of Padova, Italy and Director of the International Renal Research Institute of Vicenza and Department of Nephrology at San Bortolo Hospital in Vicenza, Italy.   “As demonstrated by this recent publication, the only chance to adequately manage overhydration in several patients is to use extracorporeal mechanical ultrafiltration. With this technique, fluid management becomes easy and effective with marginal or absent unwanted effects. The treatment results in a lower rate of hospitalization and improved quality of life for heart failure patients.”
  
Conclusions from this meta-analysis are consistent with findings from the real-world retrospective study of 335 patients treated with the Aquadex FlexFlow® System, presented at the 24th Annual Scientific Meeting of Heart Failure Society of America. Data demonstrate that UF is safe and effective, comparing favorably in reducing heart failure rehospitalizations, renal function response, and weight/volume loss.2

“Our mission is to improve outcomes for people suffering from fluid overload, and this meta-analysis further demonstrates how ultrafiltration is capable of doing so,” said John Erb, Chairman and CEO of CHF Solutions. “This analysis is a welcome addition to the growing list of evidence supporting the numerous benefits of ultrafiltration and the Aquadex™ technology.”

  1. Wobbe, B., Wagner, J., Szabo, D.K., et. al. Ultrafiltration is better than diuretic therapy for volume-overloaded acute heart failure patients: a meta-analysis. Heart Fail. Rev. (2020) https://doi.org/10.1007/s10741-020-10057-7
  2. https://www.chf-solutions.com/aquadex-smartflow-system/clinical-evidence/

About Meta-analysis

A meta-analysis is a statistical analysis that combines study data from multiple independent studies (e.g. randomized studies) with a specific question, which aims to generate statistical significance and an average effect. A key benefit of a meta-analysis is that the aggregation of data leads to a higher statistical power, and more robust point estimate than is possible from an individual study.

About CHF Solutions

CHF Solutions, Inc. (Nasdaq: CHFS) is a medical device company dedicated to improving the lives of patients suffering from fluid overload with its novel ultrafiltration therapy system. The company is focused on developing, manufacturing and commercializing the Aquadex SmartFlow system for ultrafiltration therapy. CHF Solutions is headquartered in Minneapolis, Minn., with wholly-owned subsidiaries in Australia and Ireland. The company has been listed on the Nasdaq Capital Market since February 2012.

About the Aquadex SmartFlow System

The Aquadex SmartFlow system delivers clinically proven therapy using a simple, flexible and smart method of removing excess fluid from patients suffering from hypervolemia (fluid overload). The Aquadex SmartFlow system is indicated for temporary (up to 8 hours) or extended (longer than 8 hours in patients who require hospitalization) use in adult and pediatric patients weighing 20 kg or more whose fluid overload is unresponsive to medical management, including diuretics. All treatments must be administered by a health care provider, within an outpatient or inpatient clinical setting, under physician prescription, both having received training in extracorporeal therapies.

Forward-Looking Statements

Certain statements in this release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding the use of the Aquadex SmartFlow system to treat pediatric patients. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this release, including, without limitation, those risk associated with our ability to execute on our commercial strategy, the possibility that we may be unable to raise sufficient funds necessary for our anticipated operations, our post-market clinical data collection activities, benefits of our products to patients, our expectations with respect to product development and commercialization efforts, our ability to increase market and physician acceptance of our products, potentially competitive product offerings, intellectual property protection, our ability to integrate acquired businesses, our expectations regarding anticipated synergies with and benefits from acquired businesses, and other risks and uncertainties described in our filings with the SEC. Forward-looking statements speak only as of the date when made. CHF Solutions does not assume any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



CONTACTS

INVESTORS:
Claudia Napal Drayton 
Chief Financial Officer, CHF Solutions, Inc. 
952-345-4205
[email protected]

Matt Bacso, CFA
Gilmartin Group LLC
[email protected]

MEDIA:
Jessica Stebing
Health+Commerce
260-336-6202
[email protected]

GT Gain Therapeutics SA Announces Funding from the Swiss Innovation Agency Supporting a 3-year Research Collaboration Project with the Institute for Research in Biomedicine and Neurocentro

– Researchers will further develop the Site-directed Enzyme Enhancement Therapy (SEE-Tx) technology for the treatment of rare genetic and neurodegenerative diseases

– The collaborative agreement unites resources from the Institute for Research in Biomedicine (IRB)-USI;
Neurocentro – Ente Ospedaliero Cantonale (EOC) & GT GAIN Therapeutics, SA

LUGANO, Switzerland, Dec. 15, 2020 (GLOBE NEWSWIRE) — GT Gain Therapeutics SA (“Gain”), a subsidiary of Gain Therapeutics, Inc., a biotechnology company focused on redefining drug discovery by identifying and optimizing allosteric binding sites that have never before been targeted, along with the Institute for Research in Biomedicine (IRB, affiliated to USI Università della Svizzera Italiana) and the Neurocentro announced today that Innosuisse, the Swiss Innovation Agency, has agreed to support the CHF 1.5M project by funding approximately CHF 850,000 to leverage these world class research organizations and promote continued innovation in the area of CNS diseases. The remaining support will come from Gain to cover the cost of related headcount expenses being dedicated to the project. The award specifically supports further investigation of the mechanisms of action of Gain’s proprietary STAR small molecule therapeutic candidates on lysosomal dysfunction and prion-like transmission of toxic forms of protein aggregates associated with neurodegenerative diseases.

“Being recognized as an Innosuisse funded innovation project reinforces the support for our innovative approach and unites us with scientists and researchers as passionate as we are to discover new therapeutic approaches using our SEE-Tx™ target identification platform,” said Manolo Bellotto, Ph.D., President and General Manager of Gain. “The specific know-how in protein quality control by Prof. Molinari at the IRB and the expertise in neurosciences of Dr. Paganetti from Neurocentro will certainly contribute to a further understanding of the mechanism of action of our molecules in rare and genetic diseases, thus accelerating their development towards the clinic.”

Dr. Maurizio Molinari, group leader of the Protein Folding and Quality Control research team from the IRB added, “We are honored to be collaborating with the Gain team and to evaluate Gain’s novel therapeutic candidates as we work to advance new, innovative treatment options for rare lysosomal disorders and neurodegenerative diseases for which there are currently few treatment options. We are grateful to the Swiss Innovation Agency for their support and look forward to initiating this critical research program.”

About Gain Therapeutics, Inc.

Gain Therapeutics, Inc. is redefining drug discovery with its SEE-Tx™ target identification platform. By identifying and optimizing allosteric binding sites that have never before been targeted, Gain is unlocking new treatment options for difficult-to-treat disorders characterized by protein misfolding. Gain was originally established in 2017 with the support of its founders and institutional investors such as TiVenture, 3B Future Health Fund (formerly known as Helsinn Investment Fund) and VitaTech. It has been awarded funding support from The Michael J. Fox Foundation for Parkinson’s Research (MJFF) and The Silverstein Foundation for Parkinson’s with GBA, as well as from the Eurostars-2 joint program with co-funding from the European Union Horizon 2020 research and Innosuisse. In July 2020, Gain Therapeutics, Inc. completed a share exchange with GT Gain Therapeutics SA., a Swiss corporation, whereby GT Gain Therapeutics SA became a wholly owned subsidiary of Gain Therapeutics, Inc.
For more information, visit https://www.gaintherapeutics.com/

About the Institute for Research in Biomedicine (IRB)

The Institute for Research in Biomedicine was founded in 2000 with the clear and ambitious goal of advancing the study of human immunology, with particular emphasis on the mechanisms of host defense. The activities of the 13 research groups now extend beyond immunology to include the fields of DNA repair, rare diseases, structural and cell biology. Located in Bellinzona, capital of the Italian-speaking Canton of Ticino, the IRB is an affiliated institute of the USI Faculty of Biomedical Sciences.
For more information, visit : www.irb.usi.ch

About

Neurocentro – Ente Ospedaliero Cantonale (EOC)

The EOC multisite hospital is organized and managed as a modern company at the service of the patient. It has structures with clear segregations of functions and flexible management systems that foster innovation, accountability and simplification.
Our approach favors a collegial and participatory management style. General management and hospital directors form the EOC Management Coordination Conference, physicians are directly involved in EOC management through the Clinical Coordination Conference. The other professional categories actively participate in the management of the EOC within inter-hospital groups.
For more information, visit www.eoc.ch/en/Centri-specialistici/NSI/NSI.html

Forward-Looking Statements

Any statements in this release that are not historical facts may be considered to be “forward-looking statements.” Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties which may cause results to differ materially and adversely from the statements contained herein. Such statements include, but are not limited to, statements regarding Gain Therapeutics, Inc. (Gain) expected use of the proceeds from the Series B financing round; the market opportunity for Gain’s product candidates; and the business strategies and development plans of Gain. Some of the potential risks and uncertainties that could cause actual results to differ from those predicted include Gain’s ability to: make commercially available its products and technologies in a timely manner or at all; enter into other strategic alliances, including arrangements for the development and distribution of its products; obtain intellectual property protection for its assets; accurately estimate its expenses and cash burn and raise additional funds when necessary. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. Except as required by law, Gain does not undertake any obligation to update any forward-looking statements to reflect new information, events or circumstances after the date they are made, or to reflect the occurrence of unanticipated events.

Gain Therapeutics Investor Contact:

Daniel Ferry
LifeSci Advisors
+1 617-430-7576
[email protected]

Gain Therapeutics Media Contact:

Cait Williamson, Ph.D.
LifeSci Communications
+1 646-751-4366
[email protected] 



RECELL® System Data Presented at American Burn Association Fall Regional Burn Conferences

Abstracts Highlighting Clinical and Health Economic Data Reinforce 
Effectiveness of Treatment with RECELL System

More than 10,000 Patients treated with RECELL System globally

VALENCIA, Calif. and MELBOURNE, Australia, Dec. 15, 2020 (GLOBE NEWSWIRE) — AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company that is developing and commercializing a technology platform that enables point-of-care autologous skin restoration for multiple unmet needs, announced today the presentation of RECELL® System data recently presented at the Northeast Regional Burn Conference and Southern Regional Burn Conference of the American Burn Association.

“Since the U.S. Food and Drug Administration approval of the RECELL System in September 2018, 93 U.S. burn centers have ordered the RECELL System, with more than 80% of burn surgeons throughout the United States certified on the use of the system. There have now been more than 10,000 patients treated globally, with U.S. RECELL System sales topping $27 million in the two years since FDA approval,” said Dr. Mike Perry, AVITA Medical’s Chief Executive Officer. “As burn surgeons continue to gain experience with the RECELL System and increasingly use it across a range of burn sizes, we are encouraged to see the utility, positive clinical outcomes, and health economic benefits of the RECELL System highlighted at medical conferences. We remain committed to advancing burn care in collaboration with burn surgeons and look forward to expanding the benefit of the RECELL System to additional indications, including soft tissue defects and vitiligo, amongst others.”

Recent RECELL

®

System Data Abstracts:

  • Carney.  A Pilot Study of Negative Pressure Therapy with Autologous Skin Cell Suspensions in a Porcine Model. Presented at Northeast Region Burn Conference; 2020 November 6; Virtual.
  • Chihade. Autologous Epidermal Skin Cell Suspension: A Cost-Effective Treatment for Burns >20% TBSA in a County Hospital with Limited Resources.  Southern Region Burn Conference; 2020 December 6; Virtual.
  • Desai. Aesthetic superiority of autologous cell suspension device in treating deep partial and full thickness burn compared to skin graft in a single case. Southern Region Burn Conference; 2020 December 6; Virtual.

The RECELL System is FDA-approved for the treatment of acute thermal burns in patients 18 years and older. Used by a trained healthcare professional at the point of care, the RECELL System is used to prepare Spray-On Skin™ Cells to be sprayed directly on second-degree burn injuries or applied in combination with meshed autografts for third-degree burn injuries. The pivotal studies leading to the RECELL System’s FDA premarket approval for the treatment of acute thermal burns demonstrated that the RECELL System treated burns using 97.5i percent less donor skin when used alone in second-degree burns, and 32 percent less donor skin when used with autograft for third-degree burns.ii This statistically significant reduction in donor skin required to treat burn patients with the RECELL System produced healing comparable to the standard of care while providing a significant reduction in donor site pain and improved donor site healing.i 

For more information about the RECELL System, please visit www.RECELLSystem.com.

ABOUT AVITA MEDICAL, INC.

AVITA Medical is a regenerative medicine company with a technology platform positioned to address unmet medical needs in burns, chronic wounds, and aesthetics indications. AVITA Medical’s patented and proprietary collection and application technology provides innovative treatment solutions derived from the regenerative properties of a patient’s own skin. The medical devices work by preparing a RES® REGENERATIVE EPIDERMAL SUSPENSION, an autologous suspension comprised of the patient’s skin cells necessary to regenerate natural healthy epidermis. This autologous suspension is then sprayed onto the areas of the patient requiring treatment.

AVITA Medical’s first U.S. product, the RECELL® System, was approved by the U.S. Food and Drug Administration (FDA) in September 2018. The RECELL System is indicated for use in the treatment of acute thermal burns in patients 18 years and older. The RECELL System is used to prepare Spray-On Skin™ Cells using a small amount of a patient’s own skin, providing a new way to treat severe burns, while significantly reducing the amount of donor skin required. The RECELL System is designed to be used at the point of care alone or in combination with autografts depending on the depth of the burn injury. Compelling data from randomized, controlled clinical trials conducted at major U.S. burn centers and real-world use in more than 10,000 patients globally, reinforce that the RECELL System is a significant advancement over the current standard of care for burn patients and offers benefits in clinical outcomes and cost savings. Healthcare professionals should read the INSTRUCTIONS FOR USE – RECELL® Autologous Cell Harvesting Device (https://recellsystem.com/) for a full description of indications for use and important safety information including contraindications, warnings and precautions.

In international markets, our products are marketed under the RECELL System brand to promote skin healing in a wide range of applications including burns, chronic wounds and aesthetics. The RECELL System is TGA-registered in Australia and received CE-mark approval in Europe. To learn more, visit www.avitamedical.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This letter includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “intend,” “could,” “may,” “will,” “believe,” “estimate,” “look forward,” “forecast,” “goal,” “target,” “project,” “continue,” “outlook,” “guidance,” “future,” other words of similar meaning and the use of future dates. Forward-looking statements in this letter include, but are not limited to, statements concerning, among other things, our ongoing clinical trials and product development activities, regulatory approval of our products, the potential for future growth in our business, and our ability to achieve our key strategic, operational and financial goal. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Each forward- looking statement contained in this letter is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the timing of regulatory approvals of our products; physician acceptance, endorsement, and use of our products; failure to achieve the anticipated benefits from approval of our products; the effect of regulatory actions; product liability claims; risks associated with international operations and expansion; and other business effects, including the effects of industry, economic or political conditions outside of the company’s control. Investors should not place considerable reliance on the forward-looking statements contained in this letter. Investors are encouraged to read our publicly available filings for a discussion of these and other risks and uncertainties. The forward-looking statements in this letter speak only as of the date of this release, and we undertake no obligation to update or revise any of these statements.

This press release was authorized by the review committee of AVITA Medical Limited.

FOR FURTHER INFORMATION:

U.S. Media

Sam Brown, Inc.
Christy Curran
Phone +1-615-414-8668
[email protected]

O.U.S. Media
Rudi Michelson
Phone +61 (0)3 9620 3333
Mobile +61 (0)411 402 737
[email protected]

Investors

Westwicke Partners
Caroline Corner
Phone +1-415-202-5678
[email protected]

________________________

i Holmes JH, Molnar JA, Carter JE, et al. A comparative study of the RECELL® device and autologous split-thickness meshed skin graft in the treatment of acute burn injuries. J Burn Care Res. 2018
ii Holmes JH, Molnar JA, Shupp JW, et al. Demonstration of the safety and effectiveness of the RECELL System combined with split-thickness meshed autografts for the reduction of donor skin to treat mixed-depth burn injuries. Burns. 2019;45:772-782 



Kiniksa Commences Dosing of Vixarelimab Phase 2b Clinical Trial in Prurigo Nodularis

– Evaluating vixarelimab across a range of once-monthly dose regimens injected subcutaneously –

HAMILTON, Bermuda, Dec. 15, 2020 (GLOBE NEWSWIRE) — Kiniksa Pharmaceuticals, Ltd. (Nasdaq: KNSA) (“Kiniksa”), a biopharmaceutical company with a pipeline of assets designed to modulate immunological pathways across a spectrum of diseases, today announced the commencement of dosing in the Phase 2b clinical trial of vixarelimab in prurigo nodularis, a chronic inflammatory skin condition characterized by severely pruritic skin nodules. Vixarelimab is a fully-human monoclonal antibody that targets oncostatin M receptor beta (OSMRβ). The U.S. Food and Drug Administration (FDA) granted Breakthrough Therapy designation to vixarelimab for the treatment of pruritus associated with prurigo nodularis in 2020.

“We are pleased to announce the commencement of dosing in the Phase 2b trial of vixarelimab in patients with prurigo nodularis. The study builds upon learnings from our prior preclinical and clinical work in the disease and will evaluate vixarelimab across a range of once-monthly dose regimens,” said Sanj K. Patel, Chief Executive Officer and Chairman of the Board of Kiniksa. “By targeting the OSMRβ receptor, we believe vixarelimab has the potential to make a meaningful impact on the lives of patients suffering with prurigo nodularis by addressing both the pruritus and the skin nodules associated with this devastating disease.”

The Phase 2b trial is a randomized, double-blind, placebo-controlled study designed to investigate the efficacy, safety, and pharmacokinetics of vixarelimab in patients with prurigo nodularis. The trial is expected to enroll approximately 180 patients experiencing moderate-to-severe pruritus. Patients will be randomized 1:1:1:1 to receive vixarelimab 540 mg, 360 mg, 120 mg, or placebo as a once-monthly subcutaneous injection. The primary efficacy endpoint is the percent change from baseline in the weekly-average Worst-Itch Numeric Rating Scale (WI-NRS) at Week 16. Key secondary endpoints include the proportion of patients achieving greater-than-or-equal-to 4-point weekly-average WI-NRS reduction at Week 16 and the proportion of patients achieving a 0/1 score (clear/almost clear) on the prurigo nodularis-investigator’s global assessment (PN-IGA) at Week 16.

Kiniksa’s Breakthrough Therapy application was based on data from the Phase 2a clinical trial of vixarelimab in prurigo nodularis. The Phase 2a trial met its primary efficacy endpoint, as there was a statistically significant reduction in the weekly-average WI-NRS from baseline at Week 8 in vixarelimab recipients compared to placebo recipients. Additionally, the majority of vixarelimab recipients showed a clinically-meaningful greater-than-or-equal-to 4-point weekly-average WI-NRS reduction at Week 8, and a statistically significant percentage of vixarelimab recipients achieved a PN-IGA score of 0/1 at Week 8 compared to placebo recipients. Data from the Phase 2a trial were recently presented at the European Academy of Dermatology and Venereology Virtual Congress.

About
Vixarelimab Phase 2b Trial in Prurigo Nodularis

The Phase 2b trial is a randomized, double-blind, placebo-controlled study designed to investigate the efficacy, safety, and pharmacokinetics of vixarelimab in reducing pruritus in subjects with prurigo nodularis. The trial is enrolling patients with moderate-to-severe prurigo nodularis experiencing moderate-to-severe pruritus (WI-NRS ≥ 7 at the screening visit and a mean weekly WI-NRS of ≥ 7 for each of the two consecutive weeks immediately prior to randomization). Patients are required to stop antihistamines and topical treatments, including corticosteroids, for at least two weeks prior to dosing. Prurigo nodularis treatments, other than study drug, are not allowed except for rescue.

About Vixarelimab

Vixarelimab is an investigational fully-human monoclonal antibody that targets OSMRβ, which mediates signaling of interleukin-31 (IL-31) and oncostatin M (OSM), two key cytokines implicated in pruritus, inflammation and fibrosis. Kiniksa believes vixarelimab to be the only monoclonal antibody in development that targets both pathways simultaneously. Kiniksa’s lead indication for vixarelimab is prurigo nodularis, a chronic inflammatory skin condition characterized by severely pruritic skin nodules. The FDA granted Breakthrough Therapy designation to vixarelimab for the treatment of pruritus associated with prurigo nodularis in 2020.

About Kiniksa

Kiniksa is a biopharmaceutical company focused on discovering, acquiring, developing and commercializing therapeutic medicines for patients suffering from debilitating diseases with significant unmet medical need. Kiniksa’s product candidates, rilonacept, mavrilimumab, vixarelimab and KPL-404, are based on strong biologic rationale or validated mechanisms, target underserved conditions and offer the potential for differentiation. These pipeline assets are designed to modulate immunological pathways across a spectrum of diseases. For more information, please visit www.kiniksa.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward looking statements by terms such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negative of these terms or other similar expressions, although not all forward-looking statements contain these identifying words. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation, statements regarding: our beliefs about the potential to impact the lives of patients with prurigo nodularis by addressing both the pruritus and inflammatory skin nodules associated with the debilitating disease; expected number of patients to be enrolled in the dose-ranging Phase 2b clinical trial of vixarelimab in prurigo nodularis; our beliefs about the mechanisms of action of our product candidates and potential impact of their approach; and our beliefs about vixarelimab being the only monoclonal antibody in development that targets both pathways simultaneously.

These forward-looking statements are based on management’s current plans, estimates or expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including without limitation, the following: delays or difficulty in enrollment of patients in, and activation or continuation of sites for, our dose-ranging Phase 2b clinical trial of vixarelimab in prurigo nodularis; potential amendments to our clinical trial protocols initiated by us or required by regulatory authorities; delays or difficulty in completing our dose-ranging Phase 2b clinical trial of vixarelimab in prurigo nodularis, including as a result of the COVID-19 pandemic; potential undesirable side effects caused by vixarelimab; our potential inability to demonstrate safety and efficacy to the satisfaction of applicable regulatory authorities or otherwise producing negative, inconclusive or commercially uncompetitive results; impact of additional data from us or other companies; potential inability to replicate in later clinical trials positive results from earlier pre-clinical and clinical trials or studies of vixarelimab in subsequent clinical trials conducted by us or third parties; drug substance and/or drug product shortages; our reliance on third parties as the sole source of supply of the drug substance and drug products used in our product candidates; our reliance on third parties to conduct our research, pre-clinical studies, clinical trials, and other trials for our product candidates; substantial existing or new competition; impact of the COVID-19 pandemic, and measures taken in response to the pandemic, on our business and operations as well as the business and operations of our manufacturers, CROs upon whom we rely to conduct our clinical trials, and other third parties with whom we conduct business or otherwise engage, including the FDA and other regulatory authorities; changes in our operating plan and funding requirements; and our ability to attract and retain qualified personnel.

These and other important factors discussed under the caption “Risk Factors” in our Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC) on November 5, 2020 and our other reports subsequently filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s plans, estimates, or expectations as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release. 


Every Second Counts!™

Kiniksa Investor and Media Contact

Mark Ragosa
(781) 430-8289
[email protected] 



Christie Smith Joins Accenture to Lead the CEO Transformational Change Journey Agenda

Christie Smith Joins Accenture to Lead the CEO Transformational Change Journey Agenda

HR industry luminary brings vast change management and inclusion and diversity expertise to new global role

NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) has appointed industry veteran Christie Smith as a senior managing director to lead Accenture’s CEO Transformational Change Journey agenda, effective immediately.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201215005171/en/

Christie Smith, senior managing director, Accenture Strategy & Consulting (Photo: Business Wire)

Christie Smith, senior managing director, Accenture Strategy & Consulting (Photo: Business Wire)

In this new global role, Smith joins Accenture Strategy & Consulting to lead and expand Accenture’s transformational change offerings that address the complex change management challenges facing CEOs, C-suites and Boards. Smith will also lead Accenture’s Inclusion + Diversity practice, focused on helping clients address this essential element of today’s modern workforce.

“Our clients are facing unprecedented change and the pace at which companies and industries are transforming is extraordinary. Helping our clients to navigate this change with speed and confidence is essential to creating lasting value and a thriving workforce,” said Annette Rippert, group chief executive, Accenture Strategy & Consulting. “Christie is joining Accenture to lead a critical, and growing, area. She brings exceptional talent and experience in fostering inclusivity, innovation and change management leadership that is sought by C-suite leaders across industries.”

Smith’s career spans more than two decades of senior leadership and human resources (HR) experience with global technology companies and professional services firms. Most recently, Smith served as the Global Vice President for Inclusion & Diversity at Apple. Prior to joining Apple, Smith served as interim head of HR at Grail, a start-up cancer detection company. Before that, Smith held several leadership roles in client service, as an industry leader, and as the West region managing principal for Deloitte Consulting.

“Accenture has always led with vision and purpose,” said Christie Smith. “I am thrilled to join a team that has the depth of leadership and expertise needed to recognize, both for itself and for its clients, that we must harness change instead of merely reacting to it. I’m excited to work with industry leaders to formulate and realize their vision to transform and navigate uncertainty together.”

Smith is an author, researcher and has been recognized as a “Top 50 Diversity Leader” (2020). Smith received her doctorate from New York University in Clinical Social Work with a focus on Industrial & Organizational Psychology.

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud, and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology, and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 506,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners, and communities. Visit us at www.accenture.com.

Accenture Strategy works with boards, CEOs, and C-suite executives to create 360° value for all stakeholders by defining and answering their most strategic business questions — including growth, profitability, technology-driven transformation, mergers and acquisitions (M&A), operating models and sustainability — with insights from AI and data science, combined with deep industry and function expertise. For more information, follow @AccentureStrat or visit www.accenture.com/strategy.

Accenture’s Talent & Organization / Human Potential connects people and technology to unlock human ingenuity and drive enterprise wide change. To learn more, visit https://www.accenture.com/us-en/services/talent-organization-human-potential-index

This document refers to marks owned by third parties. All such third-party marks are the property of their respective owners. No sponsorship, endorsement or approval of this content by the owners of such marks is intended, expressed or implied. Copyright © 2020 Accenture. All rights reserved.

Alexander Aizenberg

Accenture

+1 917 452 9878

[email protected]

Tourang Nazari

Accenture

+1 202 322 4640

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Consulting Professional Services Other Technology Technology Human Resources

MEDIA:

Photo
Photo
Christie Smith, senior managing director, Accenture Strategy & Consulting (Photo: Business Wire)