NewsRoom Articles - Page 1420 of 1435

WednesdaySep 14, 2016 3:21 pm

Achillion (ACHN) Announces Encouraging Interim Results from Phase 2a Trial for Genotype 1 Treatment-Naïve HCV

An innovative all-oral combination therapy for treatment-naïve patients with genotype 1 chronic hepatitis C virus (HCV) has yielded encouraging results during the phase 2a study conducted by Janssen Pharmaceutical Companies’ Alios BioPharma, Inc., according to a recent press release from Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN), the proponents of this therapy. The interim results, compiled by July 2016, were published as part of the abstracts for the upcoming special conference of the European Association for the Study of the Liver (EASL), scheduled for September 23-24 in Paris. Updated results will be released separately on September 23. According to Achillion, a science-driven…

WednesdaySep 14, 2016 3:02 pm

Cerecor, Inc. (CERC) and Aspire Capital Fund Enter into Stock Purchase Agreement worth $15 Million

Cerecor, Inc. (NASDAQ: CERC) and Aspire Capital Fund, LLC ("Aspire") have entered into common stock purchase and registration rights agreements worth $15 million. Cerecor is a clinical-stage biopharmaceutical company specializing in developing drugs that can help people with neurological and psychiatric disorders. Aspire is an institutional investor organization based in Chicago. The agreement covers Aspire’s purchase of $1 million worth of Cerecor common stocks at a rate of $4 per share. This initial purchase is a 4% premium over the September 8 closing stock price of $3.86. The remaining $14 million will be paid by Aspire if Cerecor decides to…

WednesdaySep 14, 2016 1:34 pm

Hemp-Based Drinks from Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (LB6A.F) are Turning Tastes

“Things sweet to taste prove in digestion sour,” the Bard of Avon reminds us, an observation that is confirmed by examining the history of carbonated beverages. Our love affair with fizzy drinks is souring. The American consumer is no longer as enamored of soda as in the heady days when he or she was told ‘Things Go Better with Coke’. The soft drink market has turned soft. Quenching thirst (hydration in modern jargon) is no longer enough. Now consumers are asking for functional hydration that adds electrolytes and carbohydrates to their beverages, and companies like Laguna Blends (CSE: LAG) (OTC:…

WednesdaySep 14, 2016 12:41 pm

eXp World Holdings, Inc. (EXPI) Using VR Spaces, Cloud Technologies to Grow Brokerage Division

For years, virtual or augmented reality was the stuff of science fiction, a concept so innovative and unique that many people did not expect to see it come to fruition during their lifetime. But with rapid technological advancements, in particular the fast-growing, ever-expanding smartphone market and the associated technology that can power inexpensive VR headsets, virtual reality has now stepped beyond the realm of sci-fi and socialization games, and it is being used by multiple industries, ranging from healthcare to education, manufacturing or logistics. The rise of new, more affordable hardware has put virtual reality technology in the hands of…

WednesdaySep 14, 2016 12:12 pm

OurPet’s Company (OPCO) Anticipates Strong Performance in Second Half of 2016 Despite Slight Decline in Q2

There are very few industries that can claim going through recession relatively unscathed, and the pet industry is one of them. Growing steadily by approximately 5.4% every year since 2002, the industry continues the trend this year as well, being expected to reach $62.75 billion in revenue in the U.S. by the end of the year. This figure marks a 4% increase from 2015. The trend is largely due to a general tendency to humanize our pets and treat them as members of the family, offering them the best care possible, whether it’s high-end accessories, medical services or super premium…

WednesdaySep 14, 2016 9:12 am

Fundamental Research Reaffirms Buy Rating on Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (LB6A.F)

Analyst Siddharth Rajeev of Fundamental Research Corp. (“FRC”) recently reaffirmed the firm’s Buy rating on Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (LB6A.F), citing an increase in the company’s share price as well as improved revenue and its entrance into the lucrative skin care industry. Read the full report here http://nnw.fm/G8XvK Laguna Blends is a network marketing company focused on the generation of sales through a growing base of independent affiliates. In March of 2016, the company launched sales of its Caffe and Pro369 beverage products, marketing the products through a base of 135 affiliates in North America. As noted…

TuesdaySep 13, 2016 2:24 pm

EnviroStar, Inc. (EVI) Acquires Western State Design for $28 Million

EnviroStar, Inc. (NYSE MKT: EVI), a distributor of commercial laundry and dry cleaning equipment since 1959, recently announced the execution of a definitive asset purchase agreement to acquire Western State Design LLC, a large wholesaler of commercial, industrial, and coin-operated laundry products. The deal, which is expected to be wrapped up within the next 30 to 45 days, is still subject to financing conditions and shareholder approval. However, the expectation that the acquisition would be accretive to EVI’s earnings in its current fiscal year ending June 30, 2017, has already made an impact. EVI’s share price rose by 38 percent…

TuesdaySep 13, 2016 1:14 pm

Star Mountain Resources, Inc. (SMRS) Approaching Recommencement of Mining at Balmat Property

Zinc is breaking away from the rest of the base metals in the world with an increase of 43% from $0.88 a pound in 2015 to $1.05 a pound this year. Since 1995, there have been no major investments in the zinc industry, with a number of mine closures leading to a supply-side deficit in both concentrates and refined metal. Not only this, the last tier one discovery was Cannington Mine, Australia, which first opened in 1997. However, the world of zinc mining has taken an impressive turn in 2016. According to InvestingNews.com (http://nnw.fm/uA32h), by the end of 2015, China…

TuesdaySep 13, 2016 12:36 pm

Qualcomm, Inc. (QCOM) Teams with Boehringer Ingelheim Pharmaceuticals to Improve COPD Treatment Outcomes

In a recent news release, Qualcomm, Inc. (NASDAQ: QCOM), through subsidiary Qualcomm Life, Inc., announced a new collaboration with Boehringer Ingelheim Pharmaceuticals, Inc. to develop a connectivity solution for the RESPIMAT® inhaler, the platform inhaler for Boehringer Ingelheim’s family of respiratory therapies. The collaborative effort will aim to improve chronic obstructive pulmonary disease (COPD) treatment outcomes. “Qualcomm Life is committed to powering the Internet of Medical Things to ultimately enable intelligent care to be delivered wherever the patient may be,” Rick Valencia, president of Qualcomm Life, stated in the news release. “We are excited to be collaborating with an industry…

TuesdaySep 13, 2016 11:12 am

BioScrip, Inc. (BIOS) Acquires HS Infusion Holdings, Inc.

BioScrip, Inc. (NASDAQ: BIOS) recently announced that it has acquired HS Infusion Holdings, Inc. (“Home Solutions”). The acquisition is expected to enhance BioScrip’s position as a leading provider of infusion services. BioScrip, Inc. is acquiring all of Home Solutions’ assets, as well as some of the company’s liabilities. Both companies are focused on higher margin, core-infusion therapies. The total transaction consideration is $85 million, with the closing consideration made up of an $80 million cash payment as well as $5 million in shares. The combination of the two companies is expected to generate more than $1 billion a year in…

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