Breaks Categories: News

WednesdayJul 24, 2024 11:23 am

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Receives US Patent for Methods of Treating Acute Traumatic Brain Injury with Its Lead Drug Candidate

Annovis Bio (NYSE: ANVS), a late-stage, drug-platform company developing novel therapies for neurodegenerative diseases such as Alzheimer’s (“AD”) and Parkinson’s disease (“PD”), today announced the receipt of U.S. Patent No. 12,042,482. The patent covers methods of treating acute traumatic brain injuries (“TBI”) and preventing nerve cell death with its lead drug candidate, buntanetap. Buntanetap (formerly known as Posiphen or ANVS401) targets neurodegeneration by inhibiting the formation of multiple neurotoxic proteins, including amyloid beta, tau, alpha-synuclein, and TDP43. This improves synaptic transmission, axonal transport, and reduces neuroinflammation. “We are thrilled to achieve this significant milestone for buntanetap,” said Maria Maccecchini, Ph.D., Founder,…

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WednesdayJul 24, 2024 9:45 am

NetworkNewsBreaks – Bitcoin Events Releases Agenda Highlights for October’s Crypto Fest 2024

Bitcoin Events, Africa’s largest blockchain and cryptocurrency event coordinator, is hosting Crypto Fest 2024, an event designed to offer an extraordinary convergence of technology, culture and innovation. The two-day event will be held on Oct. 10–12, 2024, in Cape Town. The agenda for the event includes an impressive lineup of diverse speakers and world-class presenters as well as invaluable workshops; the gathering is also uniquely designed to showcase Africa’s dynamic and rapidly growing crypto ecosystem. Topics covered during the event will include stablecoins in emerging markets; leveraging Bitcoin for payments in Africa; how blockchain, DeFi and digital assets are transforming…

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TuesdayJul 23, 2024 2:18 pm

NetworkNewsBreaks – PayPal Holdings Inc.’s (NASDAQ: PYPL) Upcoming Earnings Report: A Mixed Forecast

PayPal Holdings (NASDAQ: PYPL) is gearing up for its upcoming earnings report, with Wall Street setting the stage for an interesting outcome. The company, a giant in the digital payments space, competes with other financial technology firms to facilitate online money transfers and payment processing for consumers and businesses worldwide. As the earnings date approaches, expectations are mixed, with analysts predicting a dip in earnings per share (“EPS”) year-over-year but projecting an uptick in revenues for the quarter ending June 2024. The consensus among analysts suggests an EPS of $0.96, which would represent a 17.2% decrease from the previous year. However, revenues are expected…

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TuesdayJul 23, 2024 11:07 am

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Receives PEI Feedback Regarding Development, Preclinical Trial of Anti-IL-17 NanoAb

Scinai Immunotherapeutics (NASDAQ: SCNI), a biotechnology company focused on developing inflammation and immunology (“I&I”) biological products and on providing contract development and manufacturing organization (“CDMO”) services through its Scinai Bioservices business unit, has received the minutes of meeting from a recent Scientific Advice (“SA”) with the Paul Erlich Institute, Federal Institute for Vaccines and Biomedicines (“PEI”). According to the announcement, this is the European equivalent to a pre-IND meeting with the U.S. Food and Drug Administration in the United States as well as acceptable guidance for Investigational Medicinal Product Dossier (“IMPD”) filing with the European Medicines Agency (“EMA”). The company noted…

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TuesdayJul 23, 2024 10:42 am

NetworkNewsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Subsidiary Announces Warranty Coverage for B4 Chassis Cab

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced that its subsidiary, Bollinger Motors, released its full warranty coverage on the Bollinger B4 Chassis Cab, the company’s all-new, all-electric Class 4 commercial truck. “We have designed and engineered the Bollinger B4 to have unmatched capability and durability, and we are proud to be offering warranty coverage to reflect that,” said Jim Connelly, chief revenue officer of Bollinger Motors. “Our warranty provides our customers the peace of mind they need in making their decision and demonstrates the confidence we have in the B4.” To view the full press…

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MondayJul 22, 2024 3:05 pm

NetworkNewsBreaks – Autonomous Solutions Inc. Enters LOI with Leading NASDAQ-Listed SPAC, Marks ‘Key Milestone’ in Strategic Plan to Transform Retail Industry

Autonomous Solutions, a Wyoming corporation and owner of VenHub, has entered a strategic, nonbinding letter of intent (“LOI”) with a well-known NASDAQ-listed Special Purpose Acquisition Company (“SPAC”). According to the announcement, the collaboration is a “significant development poised to transform the retail industry” and is a key milestone in the company’s plan to secure a prominent spot on a major public exchange. The company noted that aligning with a NASDAQ-listed entity brings important benefits, including heightened visibility, increased investor confidence and broader access to global capital markets, which is expected to fast-track VenHub’s growth. A leader in autonomous, smart and…

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MondayJul 22, 2024 2:43 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Receives PO for Class Three Trucks from Ohio City

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has received a municipal purchase for its Class 3 electric truck from the city of Dublin, Ohio. City officials noted that the Mullen Three is a “perfect application” as the city works to transition to electric vehicles; the city has been consistently listed as a top fleet among the 100 Best Green Fleets, ranked by the National Fleet Management Association Awards. In addition to this most recent order, Mullen is in discussions with multiple government agencies regarding orders for both its Class One and Three vehicles; the company anticipates receiving additional orders…

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MondayJul 22, 2024 1:20 pm

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Expands Business Model in India with Meta Verified

Meta Platforms (NASDAQ: META), a leading tech giant known for its social media platforms such as Facebook, Instagram, and WhatsApp, is taking significant steps to expand its business model. By introducing Meta Verified for businesses in India, the company aims to enhance the social commerce ecosystem, providing tools like a verified badge, enhanced account support, and protection against impersonation. This initiative is particularly timely, as social media plays an increasingly pivotal role in retail, especially among younger consumers who frequently discover and purchase products through these platforms. The decision to broaden its business subscription program to include Indian users underscores…

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MondayJul 22, 2024 1:10 pm

NetworkNewsBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Announces Donation, Pay-to-Play Giveaway to Support ASPCA

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, has donated $10,000 to the American Society for the Prevention of Cruelty to Animals(R) (“ASPCA”), which is dedicated to preventing cruelty to dogs, cats, equines and farm animals throughout the United States. DoubleDown Casino, which is DDI’s flagship social casino title, is inviting the millions of players who play the game every day, to support the charitable donation by taking part in DoubleDown’s “Claws for the Cause,” a play-to-enter giveaway on July 27–28, 2024. The event will give players an opportunity to support the ASPCA…

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MondayJul 22, 2024 12:08 pm

NetworkNewsBreaks – Onassis Holdings Corp. (ONSS) Enters Agreement with Dalmore Group for Reg A+ Offering

Onassis Holdings (OTC: ONSS), a wellness- and biotech-focused holding company, has launched a round of Regulation A+ financing. The company has entered an agreement with Dalmore Group for the fundraising initiative. According to the announcement, Reg A+ funding offers a streamlined method for companies to raise up to $75 million a year from the public. “In aligning with Dalmore Group, Onassis looks to leverage the investment bank's prowess in capital raising through Regulations A+, CF and D,” stated the announcement. “Since 2021, Dalmore has on-boarded over 270 Reg A+ issuers, establishing itself as a leader in Reg A+ financing services. With over…

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