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TuesdayMay 09, 2023 2:56 pm

NetworkNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Awarded U.S. Patent Protecting Ongoing R&D of Therapeutic for Stress-Induced Affective Disorder and Alzheimer’s Disease

Silo Pharma (NASDAQ: SILO), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research, has received a patent from the U.S. Patent and Trademark Office (“USPTO”). Titled “Biomarkers for Efficacy of Prophylactic Treatments Against Stress-Induced Affective Disorders,” the patent claims cover the use of biomarkers in determining the efficacy of SILO’s portfolio drug SPC-15. SPC-15 is a targeted prophylactic treatment that uses ketamine compositions as a key component for treating stress-induced affective disorder or stress-induced psychopathology. According to the announcement, the company owns an option to license specific assets of which the patent forms a part. SPC-15…

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TuesdayMay 09, 2023 2:30 pm

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Doses Last Subject in Phase 1, Part B CYB004-E Trial

Cybin (NEO: CYBN) (NYSE American: CYBN), a clinical-stage biopharmaceutical company committed to revolutionizing mental healthcare by developing new and innovative psychedelic-based treatment options, has completed dosing in part b of its three-part CYB004-E phase 1 trial. The study is designed to evaluate intravenous N,N-dimethyltryptamine (“IV DMT”) in healthy volunteers. The company also announced that it now plans to move forward with part C of the study, which involves the first-in-human dosing of its proprietary DMT molecule CYB004 and will evaluate IV bolus + infusion regimens of CYB004 in a crossover design. The company expects that findings from both parts of the…

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TuesdayMay 09, 2023 2:20 pm

NetworkNewsBreaks – Advantage Communications Group to Present at Extreme Networks’ User Conference

Advantage Communications Group today announced that David Gardner and Hugo Holmes, CEO and director of EMEA, respectively, will be speaking at Extreme Connect 2023, Extreme Networks’ User Conference. Taking place May 8-11, 2023, in Berlin, Germany, Extreme Connect is a three-day event that convenes a unique mix of customers, industry experts and extreme leaders. Th event provides a unique forum and exclusive access to experts and experiences that transform network operations. In a session titled, “The Biggest Secret WAN Providers Don’t Want You to Know,” Gardner and Holmes, joined by Extreme Networks’ CTO John Abel, and Extreme Networks’ SVP of…

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TuesdayMay 09, 2023 2:15 pm

NetworkNewsBreaks – Spok Holdings Inc. (NASDAQ: SPOK) to Present at Inaugural EF Hutton Global Conference

Spok Holdings (NASDAQ: SPOK) yesterday announced that Vincent D. Kelly, its president and chief executive officer, will be presenting at the Inaugural EF Hutton Global Conference. The two day, invitation-only event will be held on May 10-11, 2023, at the Plaza Hotel in the heart of New York City. The Inaugural conference will feature key executives from approximately 150 public and private companies to convey their unique stories to an extensive audience that includes institutional investors, high-net worth individuals, corporate clients and exclusive members of the press. To view the full press release, visit https://nnw.fm/Rz8cQ About Spok Inc. Spok, a…

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TuesdayMay 09, 2023 1:59 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Q1 2023 Results

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) yesterday reported its first quarter (Q1) results for the period ended March 31, 2023. “This quarter we completed a series of large financing transactions involving shares of our McEwen Copper subsidiary, which has increased the market value attributable to our copper business to $550 million (for 100%) from $257 million at the conclusion of the prior financing round in August 2022. As 52% owner, McEwen Mining shareholders are benefitting from this value accretion, which validates the strategy we set out in July 2021 to surface value from Los Azules by funding it independently,”…

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TuesdayMay 09, 2023 1:49 pm

NetworkNewsBreaks – Guardforce AI Co. Limited (NASDAQ: GFAI) Closes on $9.2M Public Offering, Full Overallotment Option

Guardforce AI (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, artificial intelligence (“AI”) and Robot-as-a-Service (“RaaS”), has closed on underwritten public offering. The offering consisted of 1,720,430 ordinary shares offered at $4.65 per share. The company also noted that the underwriters exercised the overallotment option in full and purchased an additional 258,064 ordinary shares, resulting in gross proceeds for the company of $9.2 million. EF Hutton, division of Benchmark Investments LLC, acted as the lead book-running manager for the offering with Spartan Capital Securities LLC acting as the offering comanager. To view the full press release, visit…

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TuesdayMay 09, 2023 12:46 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Participation at Upcoming Needham Technology & Media Conference

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only provider building both annealing and gate-model quantum computers, today announced that Dr. Alan Baratz, CEO, and John Markovich, CFO, will present at the 18th Annual Needham Technology & Media Conference in New York City at 11 a.m. ET on Wednesday, May 17. Interested parties should visit https://nnw.fm/Lh4Tj to register and listen to the investor presentation live via webcast. In addition, the archived webcast will be available on D-Wave’s Investor Relations page following the event. To view the full press release, visit https://nnw.fm/ja8wF About D-Wave Quantum…

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MondayMay 08, 2023 3:16 pm

NetworkNewsBreaks – FinovateSpring to Take the Stage at Marriot Marquis San Francisco

London-based Informa, an international events, digital services and academic knowledge group, has announced its plans to host FinovateSpring, a world-class conference for leading fintech companies and global financial institutions. The event is scheduled to take place at the Marriot Marquis San Francisco in California from May 23-25, 2023. Renowned for their wide-ranging and insightful discussions on fintech, Finovate’s conferences feature global thought leaders from across the industry. The three-day event will shine the spotlight on more than 100 speaker sessions and 60-plus innovative live product demos from emerging fintech solutions providers as well as established industry leaders. FinovateSpring is expected…

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MondayMay 08, 2023 3:02 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Dosing Completed on Human Clinical Nicotine Study

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, has completed dosing for 36 subjects in its human clinical oral nicotine study: NIC-H22-1. According to the announcement, the study is the result of the focus Lexaria has had for years on oral nicotine formulations as an alternative to vaping or smoking; the company noted that results from the study could lead to more rapid commercial adoption and distribution of its patented DehydraTECH(TM) absorption technology, which is designed to improve oral uptake. Statistics show that some 7 million people die every year from cigarette smoking, and alternatives for nicotine delivery…

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MondayMay 08, 2023 2:47 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) to Present at Sidoti Virtual Investor Conference

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) is a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative, inflammatory and metabolic disorders. The company today announced that Zeeshan Saeed, president and executive co-chairman, and Dr. Lakhsmi Kotra, executive director and CEO of Lucid Psycheceuticals, will present and host one-on-one meetings with investors at the Sidoti May Virtual Investor Conference. The event is slated to take place on May 10-11, 2023, with the presentation scheduled to begin at 3:15 p.m. ET on Thursday, May 11. In addition, FSD Pharma will…

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