Medical Marijuana, Inc. Subsidiary Kannaway® Enters CBG Market in Europe

SAN DIEGO, CA, Dec. 10, 2020 (GLOBE NEWSWIRE) — via NewMediaWireMedical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that its subsidiary Kannaway® has officially entered the European cannabigerol (CBG) market with the release of its Kannaway® Premium CBG made with Organic Hemp Seed Oil.

“Since launching in Europe in 2018, Europe has become one of our best revenue-generating markets as consumers have responded very positively to Kannaway’s wide range of cannabidiol (CBD) products,” said Medical Marijuana, Inc. CEO Dr. Stuart Titus. “Similar to CBD, CBG is non-psychoactive, meaning it does not cause intoxicating effects. Researchers have conducted and are currently conducting many interesting studies on CBG. We are excited to broaden our product offerings with CBG and are confident the market will be as well.”

Each bottle of Kannaway® Premium CBG made with Organic Hemp Seed Oil contains 500 mg of CBG and 200 mg of CBD. The cannabinoids used in the product are derived from organic European hemp and quality certified through the Company’s Triple Lab Testing® process to deliver the potential natural benefits of hemp-based cannabinoids.

“As CBD continues to grow in acceptance around the world, the market for cannabinoids like CBG also expands,” said Kannaway CEO Blake Schroeder. “Our company intends to continue to be at the forefront of expanding access to cannabinoids just as we have been with CBD.”

To learn more about these products, please visit www.kannaway.com.

About Kannaway®
Kannaway® is a network sales and marketing company specializing in the sales and marketing of hemp-based botanical products. Kannaway® currently hosts weekly online sales meetings and conferences across the United States, offering unique insight and opportunity to sales professionals who are desirous of becoming successful leaders in the sale and marketing of hemp-based botanical products.

About Medical Marijuana, Inc.

We are a company of firsts®. Medical Marijuana, Inc. (MJNA) is a cannabis company with three distinct business units in the non-psychoactive cannabinoid space: a global portfolio of cannabinoid-based nutraceutical brands led by Kannaway® and HempMeds®; a pioneer in sourcing the highest-quality legal non-psychoactive cannabis products derived from industrial hemp; and a cannabinoid-based clinical research and botanical drug development sector led by its pharmaceutical investment companies and partners including AXIM® Biotechnologies, Inc. and Kannalife, Inc. Medical Marijuana, Inc. was named a top CBD producer by CNBC. Medical Marijuana, Inc. was also the first company to receive historic import permits for CBD products from the governments of Brazil, Mexico, Argentina, and Paraguay and is a leader in the development of international markets. The company’s flagship product Real Scientific Hemp Oil has been used in several successful clinical studies throughout Mexico and Brazil to understand its safety and efficacy. 

Medical Marijuana, Inc.’s headquarters is in San Diego, California, and additional information is available at OTCMarkets.com or by visiting www.medicalmarijuanainc.com. To see Medical Marijuana, Inc.’s corporate video, click here.

Shareholders and consumers are also encouraged to buy CBD oil and other products at Medical Marijuana, Inc.’s shop.

FORWARD-LOOKING DISCLAIMER

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Medical Marijuana, Inc. to be materially different from the statements made herein.

FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE

These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease.

LEGAL DISCLOSURE

Medical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act.

CONTACT:

Public Relations Contact:
Kathryn Reinhardt
Account Supervisor
CMW Media
P. 858-264-6600
[email protected]
www.cmwmedia.com

Investor Relations Contact:
P. (858) 283-4016
[email protected]

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NewDay Scores with TigerGraph Cloud to Fight Financial Fraud

Leading UK Credit Card Consumer Finance Company Uses Advanced Graph Analytics to Intercept Fraudulent Credit Card Applications, Boost Anti-Fraud Efforts

REDWOOD CITY, Calif., Dec. 10, 2020 (GLOBE NEWSWIRE) — TigerGraph, the only scalable graph database for the enterprise, today announced that NewDay, a leading specialist financial services provider and one of the largest issuers of credit cards in the UK, will use TigerGraph’s advanced graph analytics to prevent and preempt financial fraud. NewDay, with TigerGraph, will transform how the company accesses and views potential customer data. NewDay specialists will now be empowered to identify and prevent fraudsters from joining their network by checking data against known and new fraud syndicates. NewDay, whose revenues exceed $1B, counts eight million customers on its growing roster, across some of the UK’s best-known credit cards and some of the largest online retailers.

“NewDay has always had a ‘customer-first’ mindset, and it is this dedication to empowering and protecting customers that fueled our signing on with TigerGraph,” said Danny Clark, head of fraud prevention, NewDay. “We had looked into other graph analytics companies after we upgraded our data platforms, yet none provided the forward-looking technology, ease of use, training or support that TigerGraph did. In our ever-changing world with increasingly interconnected data, we needed to uplevel our technology offering. At the same time, we wanted to enable our Fraud Investigation team to act autonomously – without relying on developers – to tune queries in near real-time with ‘train-of-thought’ analysis and speed.”

Financial services organizations are often a prime target for fraudsters and cybercriminals — and fraud numbers have escalated since the start of the COVID-19 pandemic. In fact, according to the LexisNexis Risk Solutions 2020 True Cost of Fraud Study, mid/large digital financial firms saw an increase of 39.48 percent in successful attacks since before the shutdown, while mid/large digital lending firms experienced a 27.56 percent increase. Fraud detection and prevention requires understanding connections and identifying anomalies in links among people, transactions, payment methods, locations, devices, times and more — and working with massive datasets to do this in real time. Forward-looking financial services organizations are turning to advanced analytics in graph, and applying it to connecting otherwise siloed datasets to stay one step ahead of fraud. Graph analytics allows you to “drill down” into complex interrelationships among organizations, people and transactions. One technique involves applying graph analytics to machine learning to find data connections between “known fraud” credit card applications and new applications. Organizations can then identify questionable patterns, expose fraud rings and shut down fraudulent credit card applications quickly. The result: Millions of dollars saved and – in NewDay’s case – an anticipated reduction of fraud across all its portfolios.

“NewDay works with millions of customers, each with billions of rows of valuable account data that we can use to disrupt criminals. Traditional relational databases could not scale to analyze the volume of interconnected data or any potential connection to organized crime that we wanted to find,” said Jamie Burns, senior fraud strategy and analytics manager, NewDay. “Our recent developments with Python and AWS have allowed our fraud prevention team to really utilize these new data science tools to truly take the lead in the fraud prevention space.”

The investigations and fraud prevention team needed the ability to view customers’ online behavior in a simple, real-time interface; this would help specialists guide customers to make better credit decisions while checking for potential fraud. Enter TigerGraph.

“NewDay’s teaming with TigerGraph further validates our strength in the financial services fraud detection and prevention sector,” said Martin Darling, general manager for EMEA at TigerGraph.“We have worked to deliver meaningful data insights with graph – insights that translate to measurable business impact. NewDay has a strong footprint in the subprime credit card market, and with that comes increased fraud risk. Powered by TigerGraph’s advanced graph analytics, NewDay can now uncover and prevent fraudsters from joining their credit card network immediately – and without development team involvement. That means fraud detection and customer protection are immediate and preemptive.”

NewDay selected TigerGraph for its simple implementation and ease-of-use. TigerGraph GraphStudio integrates all phases of graph data analytics into one graphical user interface, providing a single customer view available to operational, technical and business stakeholders. NewDay will also use TigerGraph Cloud, the industry’s first and only distributed native graph database-as-a-service that helps companies quickly and easily build and run applications that work with highly connected and complex datasets. TigerGraph Cloud enables teams to use the cloud vendor of their choice, including support for Amazon Web Services (AWS). NewDay will run TigerGraph Cloud with the AWS virtual machine configuration. NewDay will next add TigerGraph to its real-time transactional fraud detection efforts as well as to its call center and anti-money laundering (AML) division.

Helpful Links

About
TigerGraph
TigerGraph is the only scalable graph database for the enterprise. TigerGraph’s proven technology connects data silos for deeper, wider and operational analytics at scale. Four out of the top five global banks use TigerGraph for real-time fraud detection. Over 50 million patients receive care path recommendations to assist them on their wellness journey. 300 million consumers receive personalized offers with recommendation engines powered by TigerGraph. The energy infrastructure for 1 billion people is optimized by TigerGraph for reducing power outages. TigerGraph’s proven technology supports applications such as fraud detection, customer 360, MDM, IoT, AI, and machine learning. The company is headquartered in Redwood City, California, USA. GetTigerGraph, start free with tigergraph.com/cloud or download TigerGraph Enterprise Free License. Follow TigerGraph on Twitter at @TigerGraphDB.

Media Contact

Cathy Wright
Offleash PR for TigerGraph
[email protected]
650-678-1905



Syneos Health Completes Acquisition of Synteract

MORRISVILLE, N.C., Dec. 10, 2020 (GLOBE NEWSWIRE) — Syneos Health® (Nasdaq:SYNH), the only fully integrated biopharmaceutical solutions organization, today announced that it has completed the previously announced acquisition of Synteract, a leading full-service CRO focused on the rapidly growing, emerging biopharma segment.

Alistair Macdonald, Chief Executive Officer, Syneos Health, said, “With Synteract, we are answering the strong demand we are seeing in the small- to mid-sized space, fueled by near all-time high funding. The specialized Synteract team will maintain their laser-focus on partnering with emerging biopharma companies, while benefiting from the scale and horsepower of Syneos Health. We welcome Synteract employees and customers to the Syneos Health family and look forward to collectively expanding our impact for patients.”

Synteract will maintain its brand, operating as a Syneos Health Business Unit and will be led by a strong management team, including Synteract President, Steve Powell.

About Syneos Health

Syneos Health® (Nasdaq:SYNH) is the only fully integrated biopharmaceutical solutions organization. The Company, including a Contract Research Organization (CRO) and Contract Commercial Organization (CCO), is purpose-built to accelerate customer performance to address modern market realities. We bring together approximately 24,000 clinical and commercial minds with the ability to support customers in more than 110 countries. Together we share insights, use the latest technologies and apply advanced business practices to speed our customers’ delivery of important therapies to patients. To learn more about how we are Shortening the distance from lab to life®, visit syneoshealth.com or subscribe to our podcast.

About Synteract

Synteract®, a Syneos Health® company, is a leading full-service CRO focused on the emerging biopharma segment. The Company’s multidisciplinary teams support biotech and pharmaceutical companies across all phases of drug development, providing deep expertise in oncology, dermatology, general medicine, infectious disease and vaccines, neuroscience, pediatrics, and rare and orphan diseases. Synteract has conducted nearly 4,000 studies on six continents in over 62 countries. To learn more about how Synteract is Bringing clinical trials to life™ by transforming insights to action and making therapies a reality, visit synteract.com and connect on LinkedIn and Twitter.

Forward

Looking Statements

Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include, but are not limited to: reliance on key personnel; principal investigators and patients; general and international economic, political, and other risks, including currency and stock market fluctuations and the uncertain economic environment; any failure to realize the anticipated benefits of the acquisition of Synteract; risks related to the COVID-19 pandemic; the company’s ability to adequately price its contracts and not overrun cost estimates; any adverse effects from the company’s customer or therapeutic area concentration; the company’s ability to maintain or generate new business awards; the company’s ability to increase its market share, grow its business, and execute its growth strategies; the company’s backlog not being indicative of future revenues and its ability to realize the anticipated future revenue reflected in its backlog; fluctuations in the company’s operating results and effective income tax rate; risks related to the company’s information systems and cybersecurity; changes and costs of compliance with regulations related to data privacy; risks related to the United Kingdom’s withdrawal from the European Union; risks related to the company’s transfer pricing policies; failure to perform services in accordance with contractual requirements, regulatory requirements and ethical considerations; risks relating to litigation and government investigations; risks associated with the company’s early phase clinical facilities; insurance risk; risks of liability resulting from harm to patients; success of investments in the company’s customers’ business or drugs; foreign currency exchange rate fluctuations; risks associated with acquired businesses, including the ability to integrate acquired operations, products, and technologies in our business; risks related to the company’s income tax expense and tax reform; risks relating to the company’s intellectual property; risks associated with the company’s acquisition strategy; failure to realize the full value of goodwill and intangible assets; restructuring risk; potential violations of anti-corruption and anti-bribery laws; risks related to the company’s dependence on third parties; downgrades of the company’s credit ratings; competition in the biopharmaceutical services industry; changes in outsourcing trends; regulatory risks; trends in the company’s customers’ businesses; the company’s ability to keep pace with rapid technological change; risks related to the company’s indebtedness; fluctuations in the company’s financial results and stock price; and other risk factors set forth in the company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019 as updated by the company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, and other SEC filings, copies of which are available free of charge on the SEC website at www.sec.gov. The company assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

Contacts  
   
Investor Relations: Press/Media:
Ronnie Speight Danielle DeForge
Senior Vice President, Investor Relations Vice President, External Communications
+1 919 745 2745 +1 202 210 5992
[email protected] [email protected]

 



Bragg Gaming Chair Richard Carter Subscribes to Private Placement of Up to $3 Million

TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) — Bragg Gaming Group (TSXV: BRAG, OTC: BRGGF) (“Bragg” or the “Company“) announces today that the Company intends to raise up to an aggregate of $3 million in one or more closings (the “Offering“). The placement is being offered exclusively to Bragg employees and Board members. Board Chair Richard Carter has committed to subscribe to the offering and all other Board Members are also anticipated to subscribe.

The Offering will comprise of up to 2.5 million common shares in the capital of the Company (“Common Shares“) at a price of $1.21 per share for aggregate gross proceeds of up to $3 million. Finder’s fees will not be paid in connection with the Offering.

The Offering is subject to approval by the TSX Venture Exchange (the “TSXV“) and all securities issued pursuant to the Offering will be subject to a hold period expiring four months from the applicable closing date. Proceeds of the Offering will be used by the Company for general working capital purposes and to develop and commercialize new products.

Richard Carter, the chairman of the board of directors of the Company, and other members of the executive team will subscribe for up to $2 million worth of Common Shares under the Offering. Certain other senior officers and directors of the Company are expected to participate in the Offering for the remaining $1 million. Any subscriptions by insiders will be considered to be related party transactions within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101“). The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(a) of MI 61-101 in respect of such insider participation.

About Bragg Gaming Group

Bragg Gaming Group Inc. is a next generation gaming group with cutting-edge technology, leading brands and world-class management expertise, developing into a global gaming force. Formed by a team of gaming industry experts, Bragg’s main portfolio asset is ORYX Gaming, an innovative business-to-business gaming technology platform and casino content aggregator.

Through this brand and targeted acquisitions, Bragg is focused on becoming a leader within the evolving global gaming industry. Learn more at https://www.bragg.games.

For Bragg Gaming Group, contact:

Yaniv Spielberg, CSO, Bragg Gaming Group
+1-647-800-2282
[email protected]

For investor inquiries, please contact:

Tim Dawson, Bragg Gaming Group
+1-289-276-1167
[email protected]

For US investor inquiries, please contact:

Laine Yonker, Edison Group
+1-646-653-7035
[email protected]

The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended and may not be offered or sold In the United States or to, or for the account of benefit of, US persons absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

Cautionary
Statement Regarding
Forward-Looking Information

This news release may contain forward-looking statements or “forward-looking information” within the meaning of applicable Canadian securities laws (“forward-looking statements”). Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or describes a “goal”, or variation of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

All forward-looking statements reflect the Company’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements. The key assumptions that have been made in connection with the forward-looking statements include the following: the impact of COVID-19 on the business of Bragg; the countercyclical growth of the business of Bragg; the regulatory regime governing the business of Bragg; the operations of the Company; the products and services of the Company; Bragg’s customers; acquisition opportunities; the growth of Bragg’s business, which may not be achieved or realized within the time frames stated or at all; the successful completion of the Offering; and the anticipated size and/or revenue associated with the gaming market globally.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the following: risks associated with general economic conditions; adverse industry events; future legislative and regulatory developments; the inability to access sufficient capital on favorable terms; realization of growth estimates, income tax and regulatory matters; the ability of Bragg to implement its business strategies; competition; economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices; the estimated size of the gaming market globally; changes in customer demand; disruptions to the Company’s technology network including computer systems and software; natural events such as severe weather, fires, floods and earthquakes; and risks related to health pandemics and the outbreak of communicable diseases, such as the current outbreak of COVID-19.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.



Acies Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants

Acies Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Acies Acquisition Corp. (NASDAQ: ACACU, the “Company”) announced today that, commencing December 11, 2020, holders of the 21,525,000 units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on The Nasdaq Capital Market under the symbols “ACAC” and “ACACW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on The Nasdaq Capital Market under the symbol “ACACU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and warrants.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on October 22, 2020. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Acies Acquisition Corp.

The Company is a newly organized blank check company, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company has not selected any potential business combination target, it is focused on identifying a business combination target within the live, location-based and mobile experiential entertainment industries. Specific sectors that the Company will target span live events, family entertainment, casino gaming, destination hospitality, sports, sports betting and iGaming, and social and casual mobile games. The Company plans on pursuing both consumer-facing operators as well as the business-to-business platforms that support them. While predominantly focused on the U.S., the Company’s search may expand to international markets.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law.

Doug Donsky, ICR Inc.

P: (646) 677-1844

Email: [email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Small Business Banking Professional Services Finance

MEDIA:

TechTarget Announces Definitive Agreement to Acquire BrightTALK, a Leading Virtual Events Platform in the Enterprise IT Market

TechTarget Announces Definitive Agreement to Acquire BrightTALK, a Leading Virtual Events Platform in the Enterprise IT Market

NEWTON, Mass.–(BUSINESS WIRE)–TechTarget, Inc. (Nasdaq: TTGT), the global leader in B2B technology purchase intent data today announced a definitive agreement to acquire BrightTALK, a leading marketing platform for webinars and virtual events in the enterprise IT market. BrightTALK’s offerings allow marketers to create original webinar and video content and engage 8 million professionals who have registered for the platform. Its solution combines access to decision-makers with a technology platform for creating online events. The acquisition will significantly expand TechTarget’s proprietary first-party purchase intent data and its opt-in audience.

BrightTALK Overview:

  • Over 1,000 customers, who created 25,000 webinars and videos on the platform in the past twelve months
  • 8 million registered members who have opted-in and given permission to share their contact information with relevant vendors, including over 1 million new registered members in 2020 year to date
  • Over 200,000 unique viewers per month, and over 6 million content engagements in 2020 year to date
  • Average viewing time of nearly 20 minutes per event
  • Approximately $50 million in estimated 2020 revenue
  • 30% estimated revenue growth in 2020
  • Approximately 50% of revenue under long-term contracts
  • Over $10 million of estimated Adjusted EBITDA in 2020

“TechTarget’s leadership position in the market is further strengthened by the acquisition of BrightTALK,” said Michael Cotoia, Chief Executive Officer of TechTarget. “This acquisition checks all the boxes. It allows us to increase our original content, grow our opt-in audience of registered members and add a material amount of proprietary first-party purchase intent data. It’s a very powerful combination that will enhance our customers’ abilities to use our purchase intent data to grow their revenues and increase their market share.”

The addition of BrightTALK will allow TechTarget to:

  • Expand its leading first-party purchase intent data – the content engagement on BrightTALK has high predictive value because IT buyers are making a material investment of their time to engage with vendor-produced content.
  • Benefit from the increased adoption of online events the increased adoption of online events in place of face-to-face events has been accelerated by the COVID-19 pandemic. Industry research indicates that the majority of marketers expect virtual events to be the norm past 2020. BrightTALK’s leadership position in this space is a key asset.
  • Increase its customer base and revenues – For customers that already do business with both TechTarget and BrightTALK, there will be opportunities to expand the relationships. Additionally, there are a significant number of customers that currently only have relationships with either TechTarget or BrightTALK, providing an opportunity to cross-sell.
  • Grow its opt-in audiences – BrightTALK generates a large volume of valuable content in webinar and video format that is incremental to TechTarget’s current offerings. This content improves TechTarget’s potential ability to attract new users and diversifies the content available via TechTarget’s portfolio of web sites.
  • Increase subscription revenue – TechTarget has been steadily converting programs from quarterly campaigns to longer-term revenue contracts through its Priority Engine TM platform. BrightTALK is expected to help accelerate this trend based on its subscription offerings.

“We are excited to join forces with TechTarget. They are the leading provider of original expert content and distributor of vendor decision support content in the B2B tech market, which has allowed them to develop the preeminent first-party purchase intent offering,” said Paul Heald, BrightTALK’s Co-Founder and CEO. “Combining our leading platform for online IT events is a winning combination.”

Details about the Transaction

The Boards of Directors of TechTarget and BrightTALK have approved the transaction. The cash purchase price is $150 million, subject to working capital and other adjustments. TechTarget has secured committed financing in the form of a bridge loan from JPMorgan Chase Bank, N.A. to cover the purchase price in combination with cash on hand, and is contemplating options for permanent financing which may include public or private offerings of equity or debt securities or facilities. The Company expects to close the transaction by the end of the year, subject to the satisfaction of customary closing conditions.

TechTarget was advised in the transaction by BrightTower, a software, information, and business services-focused investment bank.

Updated Q4 2020 Revenue Guidance

Today, TechTarget is also updating its Q4 2020 revenue guidance. We expect that revenues in the 4th quarter will exceed the high end of the previously provided revenue range of $42 to $43 million.

About TechTarget

TechTarget (Nasdaq: TTGT) is the global leader in purchase intent-driven marketing and sales services that deliver business impact for enterprise technology companies. By creating abundant, high-quality editorial content across more than 140 highly targeted technology-specific websites, TechTarget attracts and nurtures communities of technology buyers researching their companies’ information technology needs. By understanding these buyers’ content consumption behaviors, TechTarget creates the purchase intent insights that fuel efficient and effective marketing and sales activities for clients around the world.

TechTarget has offices in Boston, London, Munich, Paris, San Francisco, Singapore and Sydney. For more information, visit techtarget.com and follow us on Twitter @TechTarget.

Non-GAAP Measures

This press release references BrightTALK’s estimated adjusted EBITDA, which is a non-GAAP financial measure. Adjusted EBITDA means earnings before net interest, other income and expense, income taxes, depreciation and amortization, as further adjusted to exclude stock-based compensation and other one-time charges, if any. We believe that Adjusted EBITDA provides relevant and useful information to enable us and investors to compare our operating performance using an additional measurement. This non-GAAP measure should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, GAAP results. We are unable to provide a reconciliation of BrightTalk’s estimated adjusted EBITDA to estimated net income at this time without unreasonable effort.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included or referenced in this press release that address activities, events or developments which we expect will or may occur in the future are forward-looking statements, including, but not limited to, statements regarding our intent, beliefs or current expectations and those of our management team with respect to our acquisition of BrightTALK and our updated revenue guidance. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “going to,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, priorities, plans, or intentions. These forward-looking statements involve known and unknown risks and uncertainties that may cause TechTarget’s actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Important factors that may cause or contribute to such differences include the risk that the parties will not be able to complete the transaction on the anticipated timeline or at all; the risk that the conditions to the completion of the transaction will not be satisfied on a timely basis or at all; the risk that TechTarget is unable to raise requisite financing for the transaction on acceptable terms or at all; the risk that TechTarget will not realize the anticipated benefits of the transaction; the risk that TechTarget will not be able to successfully integrate BrightTALK’s business into TechTarget’s business; the risk that TechTarget will incur higher than expected or unexpected costs in connection with the transaction; the risk that TechTarget will not be able to retain or hire key personnel; the risk that disruption from the transaction may adversely affect TechTarget’s business, including its relationships with its customers and employees; and such other factors as are set forth in the risk factors detailed from time to time in TechTarget’s filings with the Securities and Exchange Commission, including, without limitation, the risk factors detailed in TechTarget’s Annual Report on Form 10-K for the year ended December 31, 2019 and TechTarget’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, which are incorporated herein by reference. TechTarget specifically disclaims any obligation to update these forward-looking statements, except to the extent required by law.

(C) 2020 TechTarget, Inc. All rights reserved. TechTarget and the TechTarget logo are registered trademarks of TechTarget. Priority Engine is a trademark of TechTarget. All other trademarks are the property of their respective owners.

Investor Inquiries

Daniel T. Noreck

Chief Financial Officer

TechTarget

617-431-9449

[email protected]

Media Inquiries

Garrett Mann

Director of Marketing

TechTarget

617-431-9371

[email protected]

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Marketing Advertising Communications Technology Internet Publishing

MEDIA:

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PCTEL Announces P25 Uplink Testing for Public Safety Radio Networks

PCTEL Announces P25 Uplink Testing for Public Safety Radio Networks

BLOOMINGDALE, Ill.–(BUSINESS WIRE)–
PCTEL, Inc. (Nasdaq: PCTI), a leading global provider of wireless technology, announced that P25 uplink signal quality measurements are now available on the company’s leading solutions for testing indoor and outdoor public safety radio networks.

“Accurate, efficient testing is crucial for ensuring that first responders can communicate in an emergency,” said Rishi Bharadwaj, PCTEL’s Chief Operating Officer. “Uplink measurements will reduce the need for subjective, time-consuming manual voice quality tests and enhance confidence in mission critical public safety communications. Services companies will be able to perform testing more quickly and easily, expediting the occupancy permit process in jurisdictions that require uplink testing as part of their building codes,” added Bharadwaj.

P25 uplink measurements are available on PCTEL’s IBflex® and HBflex™ scanning receivers and are supported by SeeHawk® Touch and SeeHawk® Collect network testing software for indoor/outdoor walk testing and drive testing.

Contact PCTEL for a free online demonstration.

About PCTEL

PCTEL is a leading global provider of wireless technology, including purpose-built Industrial IoT devices, antenna systems, and test and measurement solutions. Trusted by our customers for over 25 years, we solve complex wireless challenges to help organizations stay connected, transform, and grow.

For more information, please visit our website at https://www.pctel.com/.

PCTEL®, SeeHawk®, IBflex®, and HBflex™ are trademarks or registered trademarks of PCTEL, Inc. © 2020 PCTEL, Inc. All rights reserved.

PCTEL Company Contact

Suzanne Cafferty

Vice President, Global Marketing

PCTEL, Inc.

(630) 339-2107

[email protected]

PCTEL Investor Relations Contact

Phillip Kupper

Three Part Advisors, LLC

(817) 778-8339

[email protected]

KEYWORDS: United States North America Illinois

INDUSTRY KEYWORDS: Satellite Technology Telecommunications Mobile/Wireless Networks Internet Hardware

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RINVOQ™ (upadacitinib) Achieved Superiority Versus DUPIXENT® (dupilumab) For Primary and All Ranked Secondary Endpoints in Phase 3b Head-to-Head Study in Adults with Atopic Dermatitis

– 71 percent of patients treated with upadacitinib achieved the primary endpoint of EASI 75 compared to 61 percent of patients treated with dupilumab at week 16 (p=0.006)[1]

– Upadacitinib showed superiority versus dupilumab for all ranked secondary endpoints, including early improvements in itch and skin clearance[1]

– The Heads Up study evaluated upadacitinib (30 mg, once daily) versus dupilumab (300 mg, every other week) in adults with moderate to severe atopic dermatitis[1]

– The safety profile of upadacitinib was consistent with previous atopic dermatitis studies, with no new safety risks observed[1-3]

– Upadacitinib, a selective and reversible JAK inhibitor discovered and developed by AbbVie, is being studied as a once-daily oral therapy for moderate to severe atopic dermatitis and in several other immune-mediated diseases[1-11]

– Atopic dermatitis is a chronic, relapsing inflammatory condition affecting an estimated 10 percent of adults and 25 percent of adolescents[12-15]

PR Newswire

NORTH CHICAGO, Ill., Dec. 10, 2020 /PRNewswire/ — AbbVie (NYSE: ABBV) today announced top-line results from the Phase 3b Heads Up study showing that upadacitinib (30 mg, once daily) achieved superiority to dupilumab (300 mg, every other week) for the primary endpoint, the proportion of patients with at least a 75 percent improvement in the Eczema Area Severity Index (EASI 75) at week 16, in adults with moderate to severe atopic dermatitis.1 Of patients treated with upadacitinib, 71 percent achieved EASI 75 at week 16 compared to 61 percent of dupilumab-treated patients (p=0.006).1 Upadacitinib also showed superiority compared to dupilumab for all ranked secondary endpoints, including additional measures of skin clearance and itch reduction.1

The Heads Up study evaluated the efficacy and safety of upadacitinib versus dupilumab in adults with moderate to severe atopic dermatitis who are candidates for systemic therapy.1 Patients were randomized to receive upadacitinib or dupilumab, both as monotherapy treatments, for 24 weeks.1

“As we enter a new era of advanced therapies in atopic dermatitis, head-to-head studies like this will be important to help healthcare providers understand differences in therapies,” said Michael Severino, M.D., vice chairman and president, AbbVie. “These results add to our growing body of evidence for RINVOQ in atopic dermatitis, which is currently under review by health authorities.”

Results of ranked secondary endpoints showed higher efficacy in early improvements of itch and skin clearance in patients treated with upadacitinib compared to patients treated with dupilumab.1 After one week of treatment, the upadacitinib treatment group had a 31 percent reduction in itch (as measured by Worst Pruritus Numerical Rating Scale [NRS]) compared to 9 percent in the dupilumab group (p<0.001).1 Itch improvements were maintained through week 16.1 Additionally, after two weeks of treatment, 44 percent of upadacitinib-treated patients achieved EASI 75 response versus 18 percent of dupilumab-treated patients (p<0.001).1  


Heads Up Results at Week 16*
,1


Dupilumab (300 mg)

(n=344)


Upadacitinib (30 mg)

(n=348)


EASI 75a

61%

71%


EASI 90b

39%

61%


EASI 100

c

8%

28%


Percent Change from
Baseline in Worst
Pruritus NRSd

-49%

-67%


Worst Pruritus NRS
Improvement ≥4e

(Dupilumab, n=336)

(Upadacitinib, n=340)

36%

55%

* Primary endpoint was EASI 75 at week 16. Primary endpoint achieved a p-value of 0.006. EASI 90 and EASI 100 at week 16, percent change from baseline in Worst Pruritus NRS at week 16 and improvement in Worst Pruritus NRS ≥4 at week 16 were ranked secondary endpoints. All ranked secondary endpoints achieved p-values of <0.001. Not all ranked secondary endpoints are shown.


a EASI 75 is defined as at least a 75 percent reduction in Eczema Area and Severity Index.


b EASI 90 is defined as at least a 90 percent reduction in Eczema Area and Severity Index.


c EASI 100 is defined as a complete reduction in Eczema Area and Severity Index.


d Defined as percent change from baseline in Worst Pruritus Numerical Rating Scale [NRS].


e Worst Pruritus NRS improvement ≥4 is defined as an improvement (reduction) in Worst Pruritus NRS ≥4. The endpoint was analyzed for participants with pruritus NRS ≥4 at baseline.

The safety profile of upadacitinib was consistent with what was observed in the Phase 3 pivotal studies, Measure Up 1, Measure Up 2 and AD Up.1-3 Through week 16, the most common adverse events were acne for the upadacitinib group and conjunctivitis for the dupilumab group.1 Serious adverse events occurred in 2.9 percent of patients receiving upadacitinib and 1.2 percent of patients receiving dupilumab.1 Serious infections were reported infrequently in both treatment groups (1.1 percent in patients who received upadacitinib and 0.6 percent in patients who received dupilumab).1 One treatment-emergent death due to bronchopneumonia associated with influenza A occurred in a patient who received upadacitinib.1 No malignancies were reported in the upadacitinib group; one non-melanoma skin cancer was reported in the dupilumab group.1 No major adverse cardiac events or venous thromboembolic events were reported in either treatment group.1

Full results from the Heads Up study will be submitted for publication in a peer-reviewed journal. Use of RINVOQ in atopic dermatitis is not approved and its safety and efficacy are under evaluation by regulatory authorities.

About Atopic Dermatitis

Atopic dermatitis is a chronic, relapsing inflammatory condition characterized by a cycle of intense itching and scratching leading to cracked, scaly, oozing skin.12,13 It affects up to an estimated 10 percent of adults and 25 percent of adolescents.13,14 Between 20 and 46 percent of adults with atopic dermatitis have moderate to severe disease.15 The range of symptoms pose significant physical, psychological and economic burden on individuals impacted by the disease.13,16

About Heads Up1

Heads Up is a Phase 3b multicenter, randomized, double-blind, double-dummy, active comparator-controlled study in adults with moderate to severe atopic dermatitis. Patients were randomized to receive upadacitinib (30 mg, once daily, orally administered) or dupilumab (300 mg, every other week, subcutaneous injection) for 24 weeks. Patients who received dupilumab received an initial dose of 600 mg at the baseline visit followed by 300 mg every other week. All patients received placebo of the other arm’s administration as part of the Heads Up double-dummy study design.

The primary endpoint was the proportion of patients achieving EASI 75 at week 16. Ranked secondary endpoints included EASI 75 at week 2, percent change from baseline in Worst Pruritus NRS at week 1 and week 16, EASI 90 at week 16, EASI 100 at week 16 and improvement in Worst Pruritus NRS ≥4 at week 16. More information on this trial can be found at www.clinicaltrials.gov (NCT03738397).

About RINVOQ™ (upadacitinib)

Discovered and developed by AbbVie scientists, RINVOQ is an oral, once daily, selective and reversible JAK inhibitor studied in several immune-mediated inflammatory diseases.1-11 It was engineered to have greater inhibitory potency for JAK1 versus JAK2, JAK3 and TYK2.17 In August 2019, RINVOQ received U.S. Food and Drug Administration approval for adult patients with moderately to severely active rheumatoid arthritis who have had an inadequate response or intolerance to methotrexate. In December 2019, RINVOQ also received approval by the European Commission for the treatment of adult patients with moderate to severe active rheumatoid arthritis who have responded inadequately to, or who are intolerant to one or more disease-modifying anti-rheumatic drugs. The approved dose for RINVOQ in rheumatoid arthritis is 15 mg. Phase 3 trials of RINVOQ in atopic dermatitis, rheumatoid arthritis, psoriatic arthritis, axial spondyloarthritis, Crohn’s disease, ulcerative colitis, giant cell arteritis and Takayasu arteritis are ongoing.1,5-11 Use of RINVOQ in atopic dermatitis is not approved and its safety and efficacy have not been evaluated by regulatory authorities.

Important Safety Information about RINVOQ™ (upadacitinib)18

RINVOQ U.S. Use and Important Safety Information
RINVOQ is a prescription medicine used to treat adults with moderate to severe rheumatoid arthritis in whom methotrexate did not work well or could not be tolerated. It is not known if RINVOQ is safe and effective in children under 18 years of age.

What is the most important information I should know about RINVOQ?

RINVOQ is a medicine that can lower the ability of your immune system to fight infections. You should not start taking RINVOQ if you have any kind of infection unless your healthcare provider (HCP) tells you it is okay.

  • Serious infections have happened in some people taking RINVOQ, including tuberculosis (TB) and infections caused by bacteria, fungi, or viruses that can spread throughout the body. Some people have died from these infections. Your HCP should test you for TB before starting RINVOQ and check you closely for signs and symptoms of TB during treatment with RINVOQ. You may be at higher risk of developing shingles (herpes zoster).
  • Lymphoma and other cancers, including skin cancers, can happen in people taking RINVOQ.
  • Blood clots in the veins of the legs or lungs and arteries are possible in some people taking RINVOQ. This may be life-threatening and cause death.
  • Tears in the stomach or intestines and changes in certain laboratory tests can happen. Your HCP should do blood tests before you start taking RINVOQ and while you take it. Your HCP may stop your RINVOQ treatment for a period of time if needed because of changes in these blood test results.

What should I tell my HCP BEFORE starting RINVOQ?
Tell your HCP if you:

  • Are being treated for an infection, have an infection that won’t go away or keeps coming back, or have symptoms of an infection such as:
    • Fever, sweating, or chills
    • Shortness of breath
    • Warm, red, or painful skin or sores on your body
    • Muscle aches
    • Feeling tired
    • Blood in phlegm
    • Diarrhea or stomach pain
    • Cough
    • Weight loss
    • Burning when urinating or urinating more often than normal
  • Have TB or have been in close contact with someone with TB.
  • Have had any type of cancer, hepatitis B or C, shingles (herpes zoster), or blood clots in the veins of your legs or lungs, diverticulitis (inflammation in parts of the large intestine), or ulcers in your stomach or intestines.
  • Have other medical conditions including liver problems, low blood cell counts, diabetes, chronic lung disease, HIV, or a weak immune system.
  • Live, have lived, or have traveled to parts of the country that increase your risk of getting certain kinds of fungal infections, such as the Ohio and Mississippi River valleys and the Southwest. If you are unsure if you’ve been to these areas, ask your HCP.
  • Have recently received or are scheduled to receive a vaccine. People who take RINVOQ should not receive live vaccines.
  • Are pregnant or plan to become pregnant. Based on animal studies, RINVOQ may harm your unborn baby. Your HCP will check whether or not you are pregnant before you start RINVOQ. You should use effective birth control (contraception) to avoid becoming pregnant while taking RINVOQ and for at least 4 weeks after your last dose.
  • Are breastfeeding or plan to breastfeed. RINVOQ may pass into your breast milk. You should not breastfeed while taking RINVOQ and for at least 6 days after your last dose.

Tell your HCP about all the medicines you take, including prescription and over-the-counter medicines, vitamins, and herbal supplements. RINVOQ and other medicines may affect each other, causing side effects.

Especially tell your HCP if you take:

  • Medicines for fungal or bacterial infections
  • Rifampicin or phenytoin
  • Medicines that affect your immune system

Ask your HCP or pharmacist if you are not sure if you are taking any of these medicines.

What should I tell my HCP AFTER starting RINVOQ?
Tell your HCP right away if you:

  • Have any symptoms of an infection. RINVOQ can make you more likely to get infections or make any infections you have worse.
  • Have any signs or symptoms of blood clots during treatment with RINVOQ, including:
    • Swelling
    • Sudden unexplained chest pain
    • Pain or tenderness in the leg
    • Shortness of breath
  • Have a fever or stomach-area pain that does not go away, and a change in your bowel habits.

What are the common side effects of RINVOQ?
These include: upper respiratory tract infections (common cold, sinus infections), nausea, cough, and fever. These are not all the possible side effects of RINVOQ.

RINVOQ is taken once a day with or without food. Do not split, break, crush, or chew the tablet. Take RINVOQ exactly as your HCP tells you to use it.

This is the most important information to know about RINVOQ. For more information, talk to your HCP. You are encouraged to report negative side effects of prescription drugs to the FDA. Visit http://www.fda.gov/medwatch or call 1-800-FDA-1088.

If you are having difficulty paying for your medicine, AbbVie may be able to help. Visit 
AbbVie.com/myAbbVieAssist
 to learn more.

Please click here for the Full Prescribing Information and Medication Guide.

Globally, prescribing information varies; refer to the individual country product label for complete information.

About AbbVie

AbbVie’s mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people’s lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women’s health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on TwitterFacebook, Instagram, YouTube and LinkedIn.

Forward-Looking Statements

Some statements in this news release are, or may be considered, forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. The words “believe,” “expect,” “anticipate,” “project” and similar expressions, among others, generally identify forward-looking statements. AbbVie cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to, failure to realize the expected benefits from AbbVie’s acquisition of Allergan plc (“Allergan”), failure to promptly and effectively integrate Allergan’s businesses, competition from other products, challenges to intellectual property, difficulties inherent in the research and development process, adverse litigation or government action, changes to laws and regulations applicable to our industry and the impact of public health outbreaks, epidemics or pandemics, such as COVID-19. Additional information about the economic, competitive, governmental, technological and other factors that may affect AbbVie’s operations is set forth in Item 1A, “Risk Factors,” of AbbVie’s 2019 Annual Report on Form 10-K, which has been filed with the Securities and Exchange Commission, as updated by its subsequent Quarterly Reports on Form 10-Q. AbbVie undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law.


References

:

  1. AbbVie Data on File. ABVRRTI71468.
  2. Guttman-Yassky, E., et al. Safety and Efficacy of Upadacitinib Monotherapy in Adolescents and Adults with Moderate-to-severe Atopic Dermatitis: Results From 2 Pivotal, Phase 3, Randomized, Double-blinded, Monotherapy, Placebo-controlled Studies (Measure Up 1 and Measure Up 2). European Academy of Dermatology and Venerology Congress. 2020. D3T03.4B.
  3. AbbVie Data on File. ABVRRTI70869.
  4. Pipeline – Our Science | AbbVie. AbbVie. 2019. Available at: https://www.abbvie.com/our-science/pipeline.html. Accessed on December 1, 2020.
  5. Burmester G.R., et al. Safety and efficacy of upadacitinib in patients with rheumatoid arthritis and inadequate response to conventional synthetic disease-modifying anti-rheumatic drugs (SELECT-NEXT): a randomised, double-blind, placebo-controlled phase 3 trial. Lancet. 2018 Jun 23;391(10139):2503-2512. doi: 10.1016/S0140-6736(18)31115-2. Epub 2018 Jun 18.
  6. A Multicenter, Randomized, Double-Blind, Placebo-Controlled Study of ABT-494 for the Induction of Symptomatic and Endoscopic Remission in Subjects With Moderately to Severely Active Crohn’s Disease Who Have Inadequately Responded to or 13. Are Intolerant to Immunomodulators or Anti-TNF Therapy. ClinicalTrials.gov. 2020. Available at: https://clinicaltrials.gov/ct2/show/NCT02365649. Accessed on December 1, 2020.
  7. A Study Comparing Upadacitinib (ABT-494) to Placebo and to Adalimumab in Participants With Psoriatic Arthritis Who Have an Inadequate Response to at Least One Non-Biologic Disease Modifying Anti-Rheumatic Drug (SELECT – PsA 1). ClinicalTrials.gov. 2020. Available at: https://clinicaltrials.gov/ct2/show/NCT03104400. Accessed on December 1, 2020.
  8. A Study to Evaluate the Safety and Efficacy of ABT-494 for Induction and Maintenance Therapy in Subjects With Moderately to Severely Active Ulcerative Colitis. ClinicalTrials.gov. 2020. Available at: https://clinicaltrials.gov/ct2/show/NCT02819635. Accessed on December 1, 2020.
  9. A Study to Evaluate Efficacy and Safety of Upadacitinib in Adult Participants With Axial Spondyloarthritis (SELECT AXIS 2). ClinicalTrials.gov. 2020. Available at: https://clinicaltrials.gov/ct2/show/NCT04169373.. Accessed on December 1, 2020.
  10. A Study to Evaluate the Safety and Efficacy of Upadacitinib in Participants With Giant Cell Arteritis (SELECT-GCA). ClinicalTrials.gov. 2020. Available at: https://clinicaltrials.gov/ct2/show/NCT03725202. Accessed on December 1, 2020.
  11. A Study to Evaluate the Efficacy and Safety of Upadacitinib in Subjects With Takayasu Arteritis (SELECT-TAK). ClinicalTrials.gov. 2020. Available at https://clinicaltrials.gov/ct2/show/record/NCT04161898. Accessed on December 1, 2020.
  12. Nutten S. Atopic Dermatitis: Global Epidemiology and Risk Factors. Ann Nutr Metab 2015;66(suppl 1):8–16.
  13. Weidinger, S., et al. Atopic dermatitis. Nat Rev Dis Primers 4, 1 (2018). https://doi.org/10.1038/s41572-018-0001-z.
  14. Eichenfield L.F., et al. Guidelines of care for the management of atopic dermatitis: section 1. Diagnosis and assessment of atopic dermatitis. J Am Acad Dermatol. 2014;70(2):338-351. doi:10.1016/j.jaad.2013.10.010.
  15. Shrestha S., et al. Burden of Atopic Dermatitis in the United States: Analysis of Healthcare Claims Data in the Commercial, Medicare, and Medi-Cal Databases. Adv Ther. 2017;34(8):1989–2006.
  16. EFA. Atopic Eczema: Itching for Life Report. 2018. Available at: https://www.efanet.org/images/2018/EN_-_Itching_for_life_Quality_of_Life_and_costs_for_people_with_severe_atopic_eczema_in_Europe_.pdf. Accessed on October 5, 2020.
  17. Cohen S., et al. Safety profile of upadacitinib in Rheumatoid Arthritis: Integrated analysis from the SELECT Phase 3 Clinical Program. EULAR 2019; THU0167.
  18. RINVOQ™ (upadacitinib) [Package Insert]. North Chicago, Ill.: AbbVie Inc.

 

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SOURCE AbbVie

AquaBounty Technologies, Inc. Announces Pricing of $56.7 Million Upsized Public Offering of Common Stock

MAYNARD, Mass., Dec. 10, 2020 (GLOBE NEWSWIRE) — AquaBounty Technologies, Inc. (Nasdaq: AQB) (“AquaBounty” or the “Company”), a land-based aquaculture company utilizing technology to enhance productivity and sustainability, today announced the pricing of its previously announced underwritten public offering of 8,720,000 shares of common stock of the Company at a price to the public of $6.50 per share. AquaBounty expects to receive aggregate gross proceeds of approximately $56.7 million from the offering. In addition, the Company has granted the underwriters of the offering a 30-day option to purchase up to 1,308,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on or about December 14, 2020, subject to customary closing conditions.

Oppenheimer & Co. Inc. and Lake Street Capital Markets, LLC are acting as joint book-running managers for this offering. National Securities Corporation, a wholly owned subsidiary of National Holdings Corporation (NASDAQ:NHLD), is acting as co-manager for the offering.

The Company currently intends to use the net proceeds of this offering for general corporate purposes, including for the purchase of land and the payment of costs associated with the construction or site development for a new production farm, investing further in our sales and marketing and research and development efforts and payment of anticipated general and administrative expenses.

A shelf registration statement on Form S-3 relating to the public offering of the shares of common stock described above was filed with the Securities and Exchange Commission (“SEC”) and was declared effective on April 27, 2018. A preliminary prospectus supplement describing the terms of the offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus relating to the offering may be obtained, when available, from Oppenheimer & Co. Inc. Attention: Syndicate Prospectus Department, 85 Broad Street, 26th Floor, New York, NY 10004, or by calling (212) 667-8563, or by emailing [email protected]; or Lake Street Capital Markets, LLC, Attention: Syndicate Department, 920 Second Avenue South, Suite 700, Minneapolis, Minnesota 55402, or by calling (612) 326-1305, or by emailing [email protected]; or at the SEC’s website at http://www.sec.gov.

This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About AquaBounty

AquaBounty Technologies, Inc. is a leader in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The Company’s objective is to ensure the availability of high-quality seafood to meet global consumer demand, while addressing critical production constraints in the most popular farmed species.

The Company’s AquAdvantage fish program is based upon a single, specific molecular modification in fish that results in more rapid growth in early development. With aquaculture facilities located in Prince Edward Island, Canada, and Indiana, USA, AquaBounty is raising its disease-free, antibiotic-free salmon in land-based recirculating aquaculture systems, offering a reduced carbon footprint and no risk of pollution of marine ecosystems as compared to traditional sea-cage farming.

Forward-Looking Statements

This press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995, as amended, that involve significant risks and uncertainties about AquaBounty, including but not limited to statements with respect to the completion, timing, size, and use of proceeds of the proposed underwritten offering of common stock. AquaBounty may use words such as “expect,” “anticipate,” “project,” “intend,” “plan,” “aim,” “believe,” “seek,” “estimate,” “can,” “focus,” “will,” and “may” and similar expressions to identify such forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are risks relating to, among other things, whether or not AquaBounty will be able to raise capital, the final terms of the underwritten offering of common stock, market and other conditions, the satisfaction of customary closing conditions related to the underwritten offering of common stock, AquaBounty’s business and financial condition, and the impact of general economic, public health, industry or political conditions in the United States or internationally. For additional disclosure regarding these and other risks faced by AquaBounty, see disclosures contained in AquaBounty’s public filings with the SEC, including the “Risk Factors” in the company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and prospectus supplement for this offering. You should consider these factors in evaluating the forward-looking statements included in this press release and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof, and AquaBounty undertakes no obligation to update such statements as a result of new information, except as required by law.

Contact

AquaBounty Technologies, Inc.
Dave Conley, Director of Communications
+1 613 294 3078



Bespoke Extracts to Sponsor Professional Mixed Martial Artist Cody Law in Bellator 254

SUNNY ISLES, Fla., Dec. 10, 2020 (GLOBE NEWSWIRE) — Bespoke Extracts, Inc. (OTC Pink: BSPK), producer of high quality, hemp-derived CBD products, today announced the Company will be a corporate sponsor of professional Mixed Martial Artist (MMA) Cody Law in the Bellator 254 event scheduled to take place tonight at Mohegan Sun Arena in Uncasville, Connecticut in a match-up with MMA featherweight Kenny “Rise of the Phoenix” Champion (2-0).

With a record of 1-0, MMA newcomer Law, a Bellator featherweight, has been receiving notable attention early in his MMA career due in large measure to his being a two-time All-American and 2018 NCAA Division II amateur wrestling champion. As a junior at the University of Pittsburgh-Johnstown, he became the top-ranked wrestler in the country, posting a record of 17-1 during the regular season. He bested his record in his senior year, compiling a record of 25 wins and two losses and winning the National Championship. Law won his pro MMA debut by beating Orlando Ortega via submission in the first round at Bellator 250 in October 2020.

Law stated, “I’m really looking forward to my second pro fight and hope to prove I’m far more than just a great wrestler in the cage. Attracting the support of Bespoke Extracts as my corporate sponsor is particularly gratifying, given that Bespoke’s premium, all natural hemp-derived CBD formulations have become an important factor in my approach to maintaining my overall health, wellness and fitness goals.”

Danny Pollack, Chief Executive Officer of Bespoke Extracts, added, “We are very proud to be sponsoring Cody in his sophomore fight in Bellator 254. Considering that MMA is becoming one of the world’s fastest growing sports, aligning Bespoke with talented pro fighters gives our brand meaningful exposure. Moreover, teaming with superb athletes like Cody who share our core values on health and wellness is central to our Company’s marketing and brand-building strategy.”

Bellator is a leading global MMA and kickboxing promotions company featuring many of the best athletes in the world. Under the direction of veteran fight promoter Scott Coker, Bellator events take place in major cities around the world and can be seen on television in over 160 countries to an available audience of over one billion people. Tonight’s Bellator 254 event will air on CBS Sports Network and streamed on fuboTV beginning at 7:30 PM ET.

About Bespoke Extracts, Inc.

At Bespoke Extracts, we believe in the power of the individual. So, we strive to tailor each CBD experience to make its benefits unique to you and your lifestyle. That means making sure you are confident that everything we deliver to you is safe, effective, and perfect for you. From the very beginning, we have hand-picked our producers to ensure only NSF-certified and USDA-certified organic hemp from some of the finest CBD growers in the United States. It is also why we use the industry standard for extraction to ensure the purest and most potent product on the market. And finally, it’s why we strive to develop a long-term personal relationship with each and every one of our customers—including you—to help them determine their needs and wants and supply the exact right solution for them. For more information, please visit www.bespokeextracts.com.

FORWARD-LOOKING STATEMENT

This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements involve risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from management’s current expectations include those risks and uncertainties relating to our competitive position, the industry environment, potential growth opportunities, and the effects of regulation and events outside of our control, such as natural disasters, wars or health epidemics. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.

For more information, please contact:

Bespoke Extracts, Inc.

Phone: 888-575-6738
Email: [email protected]
Web: www.bespokeextracts.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/101b14db-bf06-46d6-915e-658fc3065c8f