Chris@NNW, Author at NetworkNewsWire

MondayMay 03, 2021 12:29 pm

Healthtech Solutions Inc. (HLTT) Adopts New Portfolio Model with Varian Bio Acquisition

McKinsey & Company notes that portfolio model is growing in popularity amongst companies and investors HLTT recently acquired precision oncology company Varian Biopharma Report shows that more than $5.5 billion in capital has been raised in past six years by companies with biotech portfolio models An emerging trend in biotechnology involves abandoning a single shot on goal approach in favor of a broader strategy with different portfolio companies under one umbrella. The old incubator approach with a new flare, the trend involves a portfolio manager utilizing a variety of skillsets to assemble a group of subsidiaries, each committed to a…

MondayMay 03, 2021 11:25 am

SRAX Inc. (NASDAQ: SRAX) Hosts First-Ever Sequire Cannabis Conference Featuring 40 Company Presentations, Exclusive Keynote Interviews

SRAX held first-ever virtual Sequire Cannabis Conference on April 20, 2021 Event featured over 40 cannabis company presentations, keynote appearances by Steve DeAngelo, Dr. Sue Sisley, Emily Paxhia, Steven Hawkins, Dr. Jeffrey Chen Sequire provides data analytics tools that help public companies track investor activity, such as investor tracking, warrant management, shareholder surveys Sequire has grown to over 3 million users across 183 companies since 2019 SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, recently held its first-ever virtual Sequire Cannabis Conference on April 20, 2021 (https://nnw.fm/nL7pn). Nearly…

MondayMay 03, 2021 11:03 am

Infobird Co., Ltd (NASDAQ: IFBD) Taking Next Step in AI-driven Customer Engagement Field with IPO

Beijing-based Infobird has built rich experience in the customer engagement industry that covers SaaS solutions such as cloud call center, intelligent telemarketing, AI Chatbots, and has now closed its IPO on the NASDAQ exchange. Infobird’s artificial intelligence (“AI”) solutions help clients to minimize costs and maximize potential revenues. The company’s self-developed cloud-native architecture and patented AI technologies work with a no-code development platform to help companies focus their efforts and financial outlays where they are most needed. B2B artificial intelligence (“AI”) solutions company Infobird (NASDAQ: IFBD) is building next-level operations in tandem with the Beijing, China-based company’s April 20 IPO…

FridayApr 30, 2021 1:51 pm

Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Is ‘One to Watch’

Tryp Therapeutics is a pharmaceutical company with a focus on developing clinical-stage compounds for diseases with high unmet medical needs through accelerated regulatory pathways The company currently has two drug candidates in development: TRP-8802 (targeting fibromyalgia, eating disorders and chronic pain conditions); and TRP-1001 (targeting soft tissue sarcomas) Through its PFN(TM) program, the company is focused on developing psilocybin-based drug therapies for certain neuropsychiatric disorders that offer increased efficacy and reduced risk of abuse or addiction The company’s management team has decades of experience in the life sciences industry, including the pharmaceutical and biotechnology markets Oncology therapeutics are expected to…

FridayApr 30, 2021 1:40 pm

United Medical Equipment Business Solutions Network Inc. Provides Solutions for Safer Workplaces

Routine virus testing is effective overall employer strategy for providing employee safety and business continuity More research needs to be done on how long vaccines are effective, if booster shots will be needed Only 26% of the U.S. is fully vaccinated; vaccinated individuals can still spread the virus United Medical Equipment Business Solutions Network provides solutions that fit the ever-changing needs of the nation’s workforce during the COVID-19 pandemic through the distribution of rapid antigen tests and COVID-19 rapid kit testing. As employers begin to reopen worksites, routine virus testing is an effective overall strategy for providing employee safety and…

FridayApr 30, 2021 1:26 pm

Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) President Gives Positive Outlook for AR Industry in Recent Podcast Interview

Speaking in an interview with Oren Klaff, Nextech President Paul Duffy noted that AR technology, as a concept, was growing as more people understand its use He foresees significant milestones and breakthroughs, as well as an extensive global adoption of AR technology His prediction is in line with a recent industry report that shows that the AR market will grow at a CAGR of 43.8% from 2021 to 2028 According to a report by Grand View Research, the global augmented reality (“AR”) market is estimated to grow at a 43.8% CAGR from 2021 to 2028, reaching $340.2 billion up from…

FridayApr 30, 2021 12:41 pm

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Key to Domestic Rare Earth Production Amid Rapidly Expanding Market

Rare-earth metals market expected to almost double by 2026, driven by consumer and industrial electronics demand REEs are considered critical minerals by the government, but China absorbs biggest share of world supply Energy Fuels remains top U.S. uranium producer, determined to expand into rare earths and bring back production to US As a leading U.S. uranium producer that recently expanded into the promising rare earths market, Energy Fuels (NYSE American: UUUU) (TSX: EFR) may hold the key to restoring sustainable, low-cost, domestic rare earth element (“REEs”) production in the United States (https://nnw.fm/i7Cst). That position could prove to be profitable, as…

FridayApr 30, 2021 12:18 pm

Ideanomics’ (NASDAQ: IDEX) Treeletrik Subsidiary to Supply 200,000 E-Motorcycles to Indonesia, Setting Stage for Significant Expansion

Treeletrik, Ideanomics’ subsidiary, inked a $274 million three-year deal with two distributors to supply 200,000 e-motorbike units to Indonesia The deal will result in Treeletrik’s expansion, enabling Ideanomics to continue providing its shareholders with high-growth opportunities Indonesia, the third-largest motorcycle market in the world, is a promising market for e-motorbikes, as evidenced by the projected growth at a CAGR of ~21% from 2019 to 2025 The Indonesian electric motorbike market is expected to grow at a CAGR of 20.96% from 2019 to 2025, reaching $816.2 million from $364.4 million (https://nnw.fm/fGGGg) amid clamor around the high vehicular pollution and the need…

ThursdayApr 29, 2021 12:08 pm

Ryah Group Inc. Uses Big Data, AI to Reshape Plant-Based Medicine

RYAH recognizes the value data combined with analytics can bring to almost every industry. Company focused on becoming a technological leader in the plant-based treatment market. RYAH’s easy-to-operate line of products help foster a seamless dose-control experience that generates insightful data. A recent Forbes article called it the “oil” of the fourth industrial revolution (https://nnw.fm/lWJnP) while a Gartner article noted it was a core function for businesses focused on success in 2021 (https://nnw.fm/shH7V). Whatever it is called, data has become a hot commodity in today’s world, and the RYAH Group is dedicated to transforming patient care through big data and…

ThursdayApr 29, 2021 11:48 am

BAND Royalty Delivers Music NFTs, Access To Royalties for the Masses, Through New NFT Music Royalty Platform

BAND Royalty, an enterprising music technology company, is launching a series of 3,000 NFTs that provide fans a unique NFT collectible, that will eventually be able to give owners access to share in the various music royalty revenues produced by some of the most popular songs, performed by some of most successful musicians around the globe. BAND Royalty’s new digital economy focusing on music is part of its preparations to launch an NFT/crypto ecosystem that unlocks as much of a musician's music royalties as possible by having them team up with their fans. This includes BAND Royalty publishing as well…

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Author: Chris@NNW