News Hub | News Direct

Healthcare

Addiction Biotech Cannabis Genetics Healthcare Medical Devices Pharmaceutical Science Veterinary
Article thumbnail News Release

AmeriLife Announces Key Organizational Changes on Heels of Strong Growth & Expansion

AmeriLife

Following three years of record-breaking growth and expansion, AmeriLife Group, LLC (“AmeriLife”) today announced a strategic, organizational restructuring with the creation of two new, distinct distribution groups – Wealth and Health – an evolved structure designed to deliver more focused growth along with the resources needed to continue to grow AmeriLife’s industry-leading partners. Wealth will be led by AmeriLife’s Chief Distribution Officer Mike Vietri, reporting to AmeriLife Chairman and CEO Scott R. Perry. Health will be led by newly appointed Chief Distribution Officer and former president of AmeriLife’s Life & Health Brokerage Distribution Scotty Elliott, reporting to AmeriLife’s Chief Operating Officer Tim Calvert. “This reorganization represents a natural evolution of our strategy. Five years ago, AmeriLife embarked on a journey to build the capabilities that we would need to deliver on our mission of offering a full suite of insurance and retirement solutions to provide people peace of mind, enabling them to live longer, healthier lives,” said Perry. “Through execution of our organic and inorganic growth plans, we are now at a stage where we’ve assembled comprehensive capabilities across the spectrum of Health and Wealth to deliver a platform of products and technology that agents and advisors can utilize to effectively deliver holistic solutions to the market, engaging with consumers through their channels of choice. “We are fortunate to have a talented and experienced group of senior leaders at the helm of this new structure to optimize this platform. Additionally, the new structure provides a laser focus on our two core areas of business, affording even greater growth and profitability opportunities within Wealth and Health.” Wealth Distribution Over the past seven years, Vietri has grown AmeriLife’s distribution organization to over $9 billion in overall premium, $7.2 billion in assets under management, and more than 120 affiliates and agencies nationwide. Given his depth of knowledge and experience in the wealth management and financial services industries, and considering the growing demands of the organization, Vietri’s focus, going forward, will be on AmeriLife’s annuities, underwritten life, and wealth and retirement advisory verticals. Saybrus, TruChoice Financial Group, ICON and Brookstone will remain key to AmeriLife’s overall Wealth strategy. Vietri will continue to report to Perry, while AmeriLife Benefits and AmeriLife’s Career Agency will continue to report to Vietri under their current leadership. Additionally, AmeriLife’s Distribution Centers of Excellence, including Distribution Analytics, Distribution Operations, and its Business Revenue Group (BRG), will continue to report to Vietri and maintain their enterprise focus. AmeriLife’s Wealth-focused affiliates will continue to report to Denny Southern. “Over the last few years, AmeriLife’s efforts to add to its wealth-focused services and solutions has set us up for continued growth in the space at exactly the right time,” said Vietri. “I’m incredibly excited for the realignment of our organization. In particular, I’m thrilled to lead AmeriLife’s Wealth Distribution at time when our offerings align perfectly with consumers’ needs and our holistic approach to wealth management and retirement planning ensures customers never outgrow our advisors.” Health Distribution Elliott joined AmeriLife in 2019 with a focus on distribution business development, and was elevated soon thereafter to lead AmeriLife’s Life & Health Brokerage Distribution, overseeing field distribution initiatives, carrier partnerships, and IMO and FMO relationships. Reporting to Calvert, Elliott will take on AmeriLife largest and fastest-growing business. Their stewardship of Health will allow AmeriLife to deliver even greater strategic efficiencies – at scale – to ensure sustainable growth for its partners. In his new role, Elliott will continue lead AmeriLife’s Medicare and Simplified Issue Life verticals, as well as assume accountability of AmeriLife’s Direct-to-Consumer distribution arm, which will continue to be led by Jim Palmer. “I’m humbled by the opportunity to lead AmeriLife’s Health Distribution,” said Elliott. “I’m forever indebted to Scott and Mike for their support and leadership, and hope to make them proud with this new venture. I also want to commend the talented group of affiliates that comprise AmeriLife. They are the reason we are experiencing so much success, and I’m eager to serve them for years to come.” Since 2020, AmeriLife has added 65 affiliates serving more than 350,000 agents and advisors nationwide. While its Life & Health business has more than doubled in size during the same time period, the company remains equally focused on growth opportunities and synergies within its wealth-focused lines of businesses, strengthened by the recent addition of TruChoice Financial Group, its joint venture ICON with AIMCOR Group, and evidenced by more than $8 billion in annuities premiums and more than $7 billion in assets under management as of the end of 2022. Added Perry: “I couldn’t be happier for Mike and Scotty as they assume their new leadership roles and pursue more ways to serve and support our trusted and talented affiliate partners, which will allow them to achieve new levels of growth and success.” ### About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 350,000 insurance agents and advisors and more than 100 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details Media Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com Partnership Inquiries Patrick Nichols +1 727-726-0726 pnichols@amerilife.com Company Website https://amerilife.com/

January 18, 2023 02:50 PM Eastern Standard Time

Article thumbnail News Release

Centre for Neuro Skills Offers “Continued Care Program” for Patients with Brain Injuries

Centre for Neuro Skills

Approximately 3 million Americans are affected by an acquired brain injury every year. Traumatic brain injury (TBI) and stroke are the leading causes of acquired brain injury. More than 5 million Americans live with disabilities due to a TBI and often require rehabilitative care. Centre for Neuro Skills (CNS), a leader in brain injury rehabilitation services, today announced the offering of its Continued Care Program, which will provide all-encompassing care after active rehabilitation therapy for patients recovering from a brain injury or stroke by offering assisted living, residential and supported living options while empowering patients to regain motor skills so they can achieve the highest level of independence possible. The new facets of the program include: Assisted Living Residential Residential Care Supported Living Enrichment Center Brain injury rehabilitation has proven to be effective, returning a substantial number of people to productive and satisfying lives, but some individuals who experience brain injury or stroke cannot recover full independence due to disturbances in cognition, mood and behavior. These consequences of brain injury and stroke can lead to isolation, depression and re-hospitalization as well as caregiver stress and burnout. Continued Care Programs can meet the long-term needs of individuals with chronic disabilities, providing specialized care that decreases risk for re-hospitalization, promoting life satisfaction and quality of life and reducing life-time costs. “Centre for Neuro Skills’ Continued Care program introduces patients to new experiences, provides them access to valuable community resources and challenges them to adapt and grow beyond their current limitations,” said Dr. Mark Ashley, CEO and founder of Centre for Neuro Skills. “CNS’ experienced staff are committed to the overall well-being of each patient, empowering patients to enjoy dignified, productive lives and dedicated to helping them achieve the best possible quality of life.” Assisted Living Residential CNS Assisted Living Residential patients typically transition from the Inpatient Residential program. In Assisted Living Residential, patients: Live in a CNS residence close to the clinic Attend the CNS Enrichment Center May or may not still receive some therapies Receive transportation to and from CNS-sponsored activities Residential Care In residential settings, CNS can provide full-time or part-time care, helping patients to practice and strengthen skills obtained in its clinical facilities while residing in a secure, home-like CNS residence nearby. Each day, patients are transported between the CNS residence and clinic by its certified Transportation Services Department. A broad range of skills are taught and modeled, including, but not limited to: Safety at home and in the community Self-care Money and time management Proper medication use Social activities Behavior management Supported Living CNS’ Supported Living focuses on maintaining the patient outcomes achieved in active therapy. Patients receiving this care may have transitioned from Inpatient Residential, Day Treatment or Assisted Living Residential treatment options. Patients in Supported Living have schedules consisting of a broad range of personalized CNS services tailored to their ongoing needs. Enrichment Center CNS’ Assisted Living Residential or Supported Living patients can use the Enrichment Center, a space in the clinic that offers scheduled, structured and age-appropriate activities for patients to maintain the outcomes achieved in active therapy. Activities are centered around the patient’s personal interest and capabilities while focusing on therapeutic endeavors, engagement opportunities and skill building. *** About Centre for Neuro Skills Centre for Neuro Skills is an experienced and respected world leader in providing intensive rehabilitation and medical programs for those recovering from all types of brain injury. CNS covers a full spectrum of advanced care from residential and assisted living to outpatient/day treatment. Founded by Dr. Mark Ashley in 1980, CNS has seven locations in California and Texas. For more information about Centre for Neuro Skills, visit: www.neuroskills.com, Facebook, Twitter, LinkedIn, YouTube. Media, please note: Visual assets, including photos, are available. To request an interview with CNS leadership or clinical staff, please contact Robin Carr at 415.766.0927 or CNS@landispr.com. # # # Contact Details Landis Communications Inc. Robin Carr +1 415-766-0927 cns@landispr.com Company Website https://www.neuroskills.com/

January 18, 2023 07:10 AM Pacific Standard Time

Article thumbnail News Release

KAFL Insurance Resources Becomes Newest ICON Affiliate

AmeriLife

AIMCOR Consolidated LLC (“ICON”), a joint venture between AIMCOR Group, LLC (“AIMCOR”) and AmeriLife Group, LLC (“AmeriLife”), announced today that it has acquired KAFL Insurance Resources (“KAFL”), one of the largest brokerage general agencies (BGAs) in the northeast. Per the agreement, terms of the deal were not disclosed. “As the dynamics of insurance brokerage evolve, today’s value proposition needs to include more services and resonate with the non-traditional insurance advisor,” said Peter Skelton, corporate advisor of KAFL Insurance Resources. “As we looked to find the right strategic partner to enhance technology and expand distribution access, ICON stood out as the ideal partner, aligned with our core values of Innovation, Collaboration, Integrity and Respect. Simply put, ICON has a different message and different value than what we found in the market and KAFL is proud to become an ICON affiliate.” Founded in 1991 in Rochester, N.Y., KAFL’s national sales and service teams specialize in partnering with financial professionals, agents and affiliates to provide agency, business consulting, marketing and new business support services for a variety of products, including underwritten life, disability, long term care, annuities, employee benefits and other senior market products. As part of ICON, KAFL will continue to be a leading AIMCOR member and become ICON’s primary hub for central solutions and services, helping to support the growth of its fellow ICON affiliates and expand access to underwritten life products across AmeriLife’s distribution channels. With the closing of this deal, Peter Skelton and Lorrie Gibbons will become principals in ICON and part of its corporate senior leadership team while continuing to oversee KAFL’s affiliated locations. “We are so excited to share the news of our partnership with ICON. Our talented team has worked hard over the years to create strong operational processes that we look forward to building upon together by offering an expanded product suite and access to more resources that will make it easier for our producers to write business,” said Lorrie Gibbons, president and CEO of KAFL. “As our business and industry continue changing, ICON gives us the confidence of knowing that we can continue our successes and growth into the future!” “With the addition of KAFL’s breadth of expertise, talent and operational capabilities to ICON, we’re positioned to accelerate our efforts of building the necessary infrastructure to better support our AIMCOR and AmeriLife partners, grow the adoption of individual protection solutions, and expand product access across our collective distribution networks,” said Marc Verbos, president of ICON. “Our partnership with KAFL marks a significant milestone in our journey of building an industry-leading distribution company, and is a testament to our ability to deliver meaningful value to our affiliates.” “We’re creating a truly unique and attractive value proposition for the BGA that is looking to affiliate with a national marketing organization that offers an expanded choice in ownership structure, operating model, product and distribution access,” commented AIMCOR president & CEO John Ziambras. “ICON’s continued growth further validates our journey to evolve AIMCOR into a best-in-industry NMO that continues to deliver unparalleled value to our members.” “KAFL has a strong portfolio and applies just the kind of comprehensive, holistic approach that AmeriLife strives to add to its best-in-class distribution network,” added Mike Vietri, AmeriLife’s Chief Distribution Officer. “We’re excited to welcome the KAFL team to ICON and are excited to support their continued expansion and growth ambitions.” ### About KAFL Insurance Resources KAFL Insurance Resources is passionate about their role in creating long-lasting partnerships within a nationally-focused, multi-line general agency built on values of integrity, respect, accountability, innovation and collaboration. They offer a well-rounded portfolio to create a holistic approach to supporting their producers and creating peace of mind with all partners by providing access to innovative tools and resources to make doing business easier, while remaining dedicated to providing a customized team approach that ensures personalized service to help producers, agents, and financial professionals grow their business. For more information, visit KAFL.com. About ICON ICON (“AIMCOR Consolidated LLC”) is a joint venture between AIMCOR Group, LLC and AmeriLife Group, LLC. By combining the power of a premier national marketing organization (“NMO”) with capital resources, innovative technology, a multi-product platform and a robust suite of centralized shared services, ICON offers brokerage general agencies (BGAs) a different way to stay competitive and evolve their business. ICON helps its partners focus on long-term sustainability by helping reduce risk, gain access to capital, and empower their ability to deliver a comprehensive portfolio of products and services, all while supporting their producers so that they can better scale their business, protect their legacy, and enhance their service offerings. Contact Details AmeriLife Media Relations Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com ICON Media Relations Mike English +1 866-428-0180 mike.english@aimcorgroup.com Partnership Inquiries Patrick Nichols +1 727-726-0726 pnichols@amerilife.com Company Website https://amerilife.com/

January 18, 2023 09:00 AM Eastern Standard Time

Article thumbnail News Release

GROUNDWORK BIOAG EXPANDS NORTH AMERICAN TEAM TO SUPPORT FARMER DEMAND FOR MYCORRHIZAL INOCULANTS

Groundwork BioAg

Groundwork BioAg announced today that industry leader Andrew Duff has joined as General Manager - North America. Duff’s more than 20 years of experience in biostimulants, seed technology and U.S. crop production will help the company accelerate the adoption of its Rootella mycorrhizal inoculants and meet demand for biological solutions in mainstream crops, such as corn, soybean and cotton. “The demand from mainstream growers for more biological and regenerative solutions continues to increase,” said Hanan Dor, Chief Commercial Officer at Groundwork BioAg. “The United States remains an important growth market for us and essential to producing more sustainable food for the world. As a well-respected leader in agriculture and a life-long farmer, we believe Andrew is the right person to help us to expand our strategic partnerships, meet grower demand for our Rootella product portfolio and accelerate our carbon sequestration projects to help all farmers tap into existing carbon markets.” In this newly created role, Duff will lead the company’s existing operations established in 2016 and ensure a direct line of communication with North American distribution partners and growers, following another consecutive year of growth for Groundwork BioAg. “I am incredibly excited to join Groundwork BioAg at such a pivotal time in agriculture when many farmers and industry partners are adopting new solutions that address climate concerns and sustainability goals,” said Duff. “Groundwork BioAg is on the forefront of climate-smart agriculture and is bringing products to the farm that improve profitability today and for generations to come.” Growing up on a farm in the Mississippi Delta, Duff brings a wealth of knowledge and in-depth experience in agriculture spanning across distribution, manufacturing and production with an expertise in major crop inputs. Previously, Duff led global strategy for biostimulants at Verdesian Life Sciences. In addition, he served in leadership roles at Pinnacle Agriculture and Monsanto. He attended business school at the University of Mississippi and earned a law degree and MBA from Mississippi College. Duff is currently based in Southaven, Mississippi. About Groundwork BioAg Groundwork BioAg, a global bioagriculture company, leverages the natural power of mycorrhizal fungi to improve the productivity, sustainability and profitability of commercial agriculture and expand regenerative agriculture practices. Groundwork BioAg is the first to use innovative techniques to solve challenges inherent in high-volume mycorrhizal inoculant production. We will not rest until every hectare of arable land is protected by mycorrhizae and every farmer benefits from higher crop yields while preserving our soils. For more information, visit www.groundworkbioag.com. Contact Details AgTech PR for Groundwork BioAg Nicole Prenger nicole@agtechpr.com Company Website https://www.groundworkbioag.com

January 18, 2023 08:00 AM Central Standard Time

Image
Article thumbnail News Release

PDG Announces New Vision on Sales Transformation Solutions 
for Life Sciences

PDG

Performance Development Group (PDG), a leader in providing business performance solutions, announces that it is “Bringing Success to Life” with an expanded sales performance solution set specifically for commercial organizations within life sciences. The new solution includes leadership development (coaching and accountability excellence), field force optimization, and business execution (leading and lagging metrics for success). Sales performance is a critical capability and one of the highest priorities for pharmaceutical, biotech, and medical device organizations. The dynamics and unpredictability of these industries are very high, and the margin for error is thinner than ever before. The evolving marketplace is highly regulated and complex, competition is fierce, and sales teams are constantly expected to adapt with limited information. As a result, the industry needs a dedicated performance solutions partner who understands these challenges across therapeutic areas and can clear a path to help them compete. “The sales organization within life sciences requires a focus like no other. We have seen complexity over the years and feel that this new business focus will allow us to deliver unique insights into the skills necessary to succeed like nobody else can,” said Sean Frontz, Global Practice Leader, Sales Performance, PDG. PDG has a long tradition of delivering business performance solutions to life science organizations. With this new business focus, PDG brings a team of experienced industry experts who understand how to shape solutions that are specific to each organization’s business goals. “With PDG’s increased focus and expertise on improving sales performance for life sciences organizations, we now have a unique ability and perspective to help our life sciences clients navigate ever-changing market dynamics and enable commercial teams to achieve and exceed their goals,” said Dave Manning, Founder and Managing Partner, of PDG. About PDG Since 2002, PDG has been helping the world’s leading life science organizations reach new heights in sales performance. PDG is laser-focused on driving measurable business results for business execution, sales transformation, leadership development, onboarding, employee engagement, and change management. To learn more, visit www.performdev.com Contact Details Performance Development Group Mercy Ehrler +1 610-854-4400 mehrler@performdev.com

January 18, 2023 09:00 AM Eastern Standard Time

Article thumbnail News Release

Poolbeg Pharma announces expansion of POLB 001 into oncology

Poolbeg Pharma PLC

Poolbeg Pharma PLC (AIM:POLB, OTCQB:POLBF) CEO Jeremy Skillington speaks to Proactive's Thomas Warner after announcing that the company has submitted a patent application for the use of POLB 001 in a new oncological indication. Skillington explains the reasons for the strategic expansion and reveals more about his vision for the molecule in the long term. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

January 18, 2023 08:10 AM Eastern Standard Time

Video
Article thumbnail News Release

Sharps Technology Is Commercializing The Future Of Specialty Syringe Systems For The Healthcare Industry Through Its Next-Gen Polymer-Based Products

Sharps Technology Inc.

By David Willey, Benzinga Sharps Technology, Inc. (NASDAQ: STSS) recently announced that the Company will be commercializing cutting-edge prefillable syringe system products to provide new solutions to customers in the healthcare and pharmaceutical market. Sharps is advancing its product strategy with a transformative partnership with Nephron Pharmaceuticals that was announced in November 2022, and will co-manufacture its specialized systems at Nephron’s facility in South Carolina starting in 2023. Over the last 20 years, the pharmaceutical syringe operational model has shifted from the use of glass vials and bulk disposable syringes to next-generation prefillable syringes, increasing prefillables from 15% to 85% share. This has contributed to market expectations of $15.7 Billion in revenue for 2030 from $5.6 Billion reported in 2020 for prefillables. Potential customers and companies in the space include syringe system manufacturers such as Becton Dickson and Co. (NYSE: BDX), Cardinal Health (NYSE: CAH),, and Terumo Corporation (OTC: TRUMY). Sharps’ specialty polymer-based syringe systems are in significant demand and the company will serve healthcare and pharmaceutical customers that recognize the advantages of non-glass products. Prefillable or ready-to-use syringes drive down the total cost of ownership for pharmaceutical companies by simplifying the supply chain and reducing product waste. Key advantages of prefillable syringe systems address contamination issues for the broader healthcare market, improving drug shelf life while reducing unnecessary packaging, and providing best-in-class solutions to get drugs to patients more efficiently. Through its recent product launch announcement, Sharps is addressing multiple problems in the syringe system market by modernizing the prefillable space with its polymer-based product line. The Company has developed a high-quality alternative solution to glass syringes through the use of inert polymers such as Cyclic Olefin Polymer (COP) and Cyclic Olefin Copolymer (COC), which offers a high-quality solution as compared to traditional glass syringe systems. These polymer syringes have many of the same characteristics as current pharmaceutical glass designs to support long-term drug stability and increase shelf life for customers in the pharmaceutical segment. Polymer syringes can also be made into custom configurations, which function to eliminate breakage, minimize dead space, reduce contamination, and support the development of custom devices including autoinjectors. Sharps is also making a silicone-free prefillable product that addresses silicone interaction issues for the broader healthcare market. Currently, syringes are commonly made with medical-grade silicone, but utilizing siliconeand can result in drug contamination, adding a need for costly inspections every time syringes are filled. Sharps’ silicone-free solution removes the risk of interaction with biologics and eliminates the need for product inspections and potential product waste issues. Major Partnership with Nephron Pharmaceuticals Advances Manufacturing and Product Launches Though Sharps is currently a pre-revenue company, the Company is transitioning from a research and development company into commercial operations through a major partnership signed with Nephron Pharmaceuticals in November 2022. This collaboration will boost Sharps’ ability to reach out to the prefillable syringe market With manufacturing, sales and marketing solidified, the company is confident in its ability to execute on multiple revenue opportunities in the growing prefillable market. Initial demand will be supported by manufacturing capacity of 20+ million units, with additional capacities that can be scaled by 2025 with an additional 100 million units annually. Products will be manufactured utilizing state-of-the-art injection molding technologies with highly automated assembly lines. The products will be sterilized using an eco-friendly clean sterilization option easily adaptable for the pharmaceutical market. Sharps' systems will utilize ISO Standard Nest and Tubs that will be compatible with existing fill-finish technologies to provide a drop-in solution for the industry. Sharps believes this increased production capacity and distribution will allow it to fill a growing market that is looking for innovative prefillable solutions. The partnership is part of Nephron’s InjectEZ program to increase manufacturing out of its South Carolina operations. The use of Nephron’s manufacturing facility will advance Sharps’ development strategy by two years and the Company will get full access to Nephron’s lab capabilities, providing Sharps with the opportunity to continue to innovate for ongoing product development. Robert Hayes, Sharps Chief Executive Officer, recently commented: “Following years of research and development, Sharps is now in a position to commercialize and support the future of specialty syringe drug filling technology. The opportunity to advance our product and manufacturing strategy to include high-value prefillable syringe products will significantly accelerate our revenue growth for 2023 and beyond. The launch of these products could not come at a better time to support a market that is in demand for products produced in the USA that provide specialized solutions for customers that need options for their drug-filling operations. We look forward to providing updates as we commence manufacturing in South Carolina and introduce our new products to the market.” To learn more about Sharps Technology, visit its website. This article was originally published on Benzinga here. Sharps Technology is a medical device and pharmaceutical packaging company specializing in the development and manufacturing of innovative drug delivery systems. The company’s product lines focus on low waste and ultra-low waste syringe technologies that incorporate both passive and active safety features. These features protect front line healthcare workers from life-threatening needle stick injuries and protect the public from needle re-use. Sharps Technology has extensive expertise in specialized prefilled syringe systems and ready to use processing. The company has a manufacturing facility in Hungary and has partnered with Nephron Pharmaceuticals to expand its manufacturing capacity in the US. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Adam Holdsworth- TraDigital IR adam@tradigitalir.com Company Website http://sharpstechnology.com/

January 17, 2023 10:00 AM Eastern Standard Time

Article thumbnail News Release

InDevR raises $9 Million in Series B Financing and Partners with bioMérieux

InDevR

InDevR, Inc., a provider of best-in-class analytical technologies for vaccines and biotherapeutics, announced that it has raised $9 million in series B financing. Adjuvant Capital has invested $4 million, and bioMérieux – a worldwide leader in in vitro diagnostics and microbiological quality control solutions for the food and pharmaceutical industries – $5 million. Together, these investments will support InDevR’s commercial expansion and ongoing development of new reagent kits for its VaxArray ® platform. bioMérieux will also become the exclusive distributor of the VaxArray portfolio in Europe, and Michael Reynier, Senior Vice President of Pharma Quality Control at bioMérieux, will join the company’s board of directors. VaxArray is based on a versatile and multiplexed microarray technology, with specific recognition and quantification of antigens, antibodies or nucleic acids, including mRNA. This technology complements bioMérieux’s expertise in applying immunoassays to vaccine production, as Michael explained: “We quickly recognized the high quality of InDevR's products and team, and realized that we share a common vision and mindset. This partnership reflects our desire to expand our offerings with high value-added solutions for pharmaceutical companies.” Glenn Rockman, Managing Partner at Adjuvant Capital, commented: “InDevR has already successfully developed critical quality attribute (CQA)/QC tools for pneumococcus, polio, measles and rubella vaccines, as well as for mRNA vaccines. We have been impressed with InDevR’s efficiency and dedication, and we are delighted to continue supporting the company alongside the experienced team at bioMérieux.” Kathy Rowlen, CEO at InDevR, said: “I am grateful for the opportunity to continue our successful partnership with Adjuvant Capital, and to work with the talented team at bioMérieux. The expertise at bioMérieux, combined with our innovation engine, will ensure that our CQA/QC tools are backed by a trusted partner who understands the needs of the highly regulated pharma industry.” VaxArray has also recently proven to be an excellent solution for mRNA CQA/QC testing, providing high specificity and sensitivity while eliminating the need for extracting mRNA from lipid nanoparticles. 1 Kathy added: “We are on a mission to revolutionize CQA/QC testing for vaccines and therapeutics. VaxArray provides us with the means to align the rapid advancement of mRNA vaccines and cell and gene therapies with more efficient, standardized and cost-effective analytical tools. And the partnership with bioMérieux accelerates our efforts to achieve this goal.” About InDevR – Based in Boulder, CO, InDevR is a life science tools company that provides powerful analytical test kits for CQA and QC testing for vaccines and biotherapeutics. References Gao RY, Riley CM, Toth E, et al. Rapid Identity and Quantity CQA Test for Multivalent mRNA Drug Product Formulations. Vaccines. 2022;10(10):1704. doi:10.3390/vaccines10101704 Contact Details kdm communications limited Annette Barnard +44 1480 405333 pressreleases@kdm-communications.com

January 17, 2023 08:00 AM Mountain Standard Time

Article thumbnail News Release

Trippy Trading: Top Psychedelic Stocks For 2023

RazorPitch Psychedelics

When psychedelics were first studied more than 50 years ago, researchers discovered that they were useful in assisting people in exploring a greater sense of self. After a half-century hiatus, scientists are once again investigating psychedelics and other mind-altering substances such as MDMA, psilocybin, and ketamine as treatments for depression, PTSD, anxiety, and other mental health conditions. The need is clear, since the WHO says that mental health disorders are the leading cause of disability around the world and nearly a billion people have some kind of mental illness. There are many psychedelic pharmaceutical companies developing drugs that follow the legal regulatory pathway to approval. Several of these drugmakers are publicly traded, and they’re receiving increased attention from investors. We’ve seen a similar phenomenon with marijuana stocks over the past several years. Cannabis was once on the fringe but is now a significant and growing industry. This article will discuss four psychedelic therapy stocks that could see significant price increases in 2023. Lobe Sciences LTD. (OTC: LOBEF)(CNSX:LOBE) is a life sciences company focused on practical psychedelic medicines. Lobe Sciences works with industry leaders to do research and development on drugs that use psychedelic compounds, as well as to make new devices and ways to deliver drugs that will improve mental health and wellness. Lobe Sciences' main goal is to create new medicines and devices to treat mTBI, PTSD, and other neurological disorders. At the moment, the company has filed for five provisional patents, done pre-clinical studies, and is working on an engineering design for a drug delivery device. At the tail end of the previous year, the North American company provided an update on the most recent developments concerning its clinical trials. Psilocin is the source of the novel compound L-130, which is currently undergoing research and development for potential future use. According to the most recent report, we discovered that LOBE had successfully submitted the required documentation in order to import L-130. Lobe Sciences stated in their plan that the first phase 1 clinical trials would make use of Clearway Global's network of contract research organizations, and that they would begin their first subject trial in the month of December 2022. This indicates that preliminary data will be accessible in the first quarter of 2023. Astute investors will be watching for LOBEF to announce the trial results. CSO of Lobe Sciences Maghsoud Dariani remarked, "It is important to remember that in just 12 months, Lobe has transformed into a fully integrated virtual drug development company. We now have multiple New Chemical Entities' (NCE's) including L-130 that is entering human trials. L-131 is entering pre-clinical trials as we prepare a pediatric Orphan Drug Application with the potential of receiving a Priority Review Voucher for L-131. All of this positions Lobe Sciences among the leaders in the small group of companies who are in clinical development of psychedelic drugs.” LOBEF has the potential to make a splash this year given that the psychedelic therapy industry is positioned for significant expansion in 2023. Smart investors should put this stock on their watchlist because there is a good potential for significant updates throughout the year as the company continues to make progress with clinical trials. Atai Life Sciences (NASDAQ: ATAI) is a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders. In the first week of the new year, the stock plummeted when the failed results of ATAI's NYC-based subsidiary, Perception Neuroscience's Phase 2a study of proprietary R-ketamine PCN-101 on patients with treatment-resistant depression (TRD), were released. The company said that the compound showed efficacy signals at all time points, but the trial did not meet its primary endpoint of a statistically significant change from baseline in participants' MADRS (Montgomery-Sberg Depression Rating Scale) scores at 24 hours when compared to a placebo. MADRS is a widely used clinician-rated measure of depressive severity. In response to the results that were shared, ATAI said that it would continue to look at the study data and work with Perception to figure out what to do next, which could include "seeking strategic partnership options." While the company’s stock plunged on the news, down 30% to $1.86 per share, do not count ATAI out, as this study of R-ketamine PCN-101 is one of many ongoing trials the company is working on. 2023 could be a make or break year for the company. Mind Medicine Inc. (NASDAQ: MNMD) is a biotech company that discovers, develops, and commercializes psychedelically inspired medicines and therapies to treat addiction and mental illness. The company is putting together a strong drug development pipeline based on psychedelic drugs like psilocybin, LSD, MDMA, DMT, and 18-MC, which is a derivative of Ibogaine. Mind Medicine CEO Rob Barrow is looking forward to 2023 and the plans for the company. Recently, he commented, "Following a year of continued strong execution, our progress in 2022 has set the stage for a meaningful 2023, a year in which we plan to further elucidate the potential of our MM-120 product candidate in generalized Anxiety Disorder (GAD) and initiate the first clinical trial for our MM-402 program.” MM-402's preclinical results are expected in the first half of 2023, and the company plans to start the first clinical trial this year to assess tolerability, PK, and PD, as well as early efficacy on core ASD symptoms. With a plan set in place for the new year, investors should look for big news coming from MNMD throughout 2023, making it a top runner in the psychedelic stock sector. Cybin Inc. (AMEX: CYBN) is a biopharmaceutical company focused on developing safe and effective therapeutics for patients suffering from a variety of mental health issues. The company develops proprietary drug discovery platforms, drug delivery systems, formulation methods, and mental health disorder treatment regimens to advance psychedelics as therapeutics. CYBN is working on developing a proprietary psilocybin analog known as CYB003. This potential treatment for Major Depressive Disorder is currently being assessed in a phase 1/2a study. Another proprietary psychedelic that CYBN is working on in 2023 is CYB004. This is an intravenous (IV) DMT deuterate, designed for the treatment of anxiety disorders that is being tested in a Phase 1 trial for safety and dosing optimization. Traditional DMT cannot be taken orally because it is metabolized. As preclinical results show, CYBN and CYB004 are working to improve oral and pulmonary bioavailability, onset with lower doses, inter-subject variability, and dose titration for fewer side effects than oral and IV DMT. With multiple trials underway, this stock is another to keep an eye on as 2023 continues. Conclusion It is difficult to deny the striking similarities between the expansion of the medical cannabis market and that of the psychedelics market. Both were once thought to be only for drug addicts and dropouts, but new research has shown that each can treat conditions that traditional drugs can't reach. The overall sentiment toward these medicines is changing, as they clearly have a place in the medical landscape. Investors hoping to get in and benefit should pay close attention to news and advances that these biotech companies make as their clinical research continues. Razorpitch Inc. is a marketing communications and investor relations firm serving private, pre-IPO, and public companies. RazorPitch specializes in corporate, investor, and stakeholder communications, with a primary focus on sponsored media. Our goal is to raise visibility, expand awareness, and increase value. To learn more, visit RazorPitch.com. Disclaimers: This article contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch Inc’ is responsible for the production and distribution of this content. RazorPitch is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. RazorPitch authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. Contact Details Mark McKelvie +1 585-301-7700 Company Website http://razorpitch.com

January 17, 2023 05:00 AM Eastern Standard Time

1 ... 147148149150151 ... 282