Blog - Page 1519 of 5718

TuesdayFeb 09, 2021 9:57 am

Chinese Social Media Powerhouse Momo Inc. (NASDAQ: MOMO) Renews its Drive Amid Pandemic-era Adversity

Chinese mobile-based social and entertainment platform operator Momo is regrouping and revisiting its successes after suffering a pair of adverse conditions resulting from government concerns and pandemic problems Momo has developed a prominent reputation as “China’s Tinder” through its Tantan dating service platform and its Momo streaming video app The company saw some of its top leadership positions change last year in response to declines in revenue and stock value The company has generated some encouraging reports since the start of the year with a brief surge in stock value and forecasts that anticipate it will “retain growth momentum on…

TuesdayFeb 09, 2021 9:47 am

QualityStocksNewsBreaks – AzurRx BioPharma Inc. (NASDAQ: AZRX) Enters Collaboration for Planned Phase 2 Clinical Trial of FW-1022

AzurRx BioPharma (NASDAQ: AZRX), a clinical stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal (“GI”) diseases, today announced its entry into an agreement with PPD Inc. (NASDAQ: PPD ), a leading global contract research organization (“CRO”), for its planned Phase 2 clinical trial evaluating a proprietary formulation of micronized niclosamide as a treatment for COVID-19-associated GI infections. Under the agreement, PPD will manage the Phase 2 clinical trial for an immediate-release capsule formulation of micronized oral niclosamide, also known as FW-1022. Licensed in January from FirstWave Bio Inc., the goal of AzurRx’s FW-1022 clinical program is…

TuesdayFeb 09, 2021 9:30 am

QualityStocksNewsBreaks – MAZAKALI Announces Closed Funding Round with Sana Packaging

MAZAKALI, a cannabis-focused fintech marketplace, recently closed a funding round with Sana Packaging. A pioneering, high-growth, sustainable packaging brand in the cannabis industry, Sana is focused on a circular economic model for package design and environment healing; the company is also committed to investing resources toward industry education and developing more renewable and regenerative packaging solutions. In the announcement, Sana officials noted that fundraising for the company had been challenging, but with the help and assistance of MAZAKALI, the company was able to close its recent funding, which sets Sana up for success in 2021 as it works to position itself…

TuesdayFeb 09, 2021 9:20 am

QualityStocksNewsBreaks – SRAX (NASDAQ: SRAX) Announces LD Micro Index Reconstitution, Index Adds 423 Companies

SRAX Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has announced the reconstitution of its LD Micro Index. The announcement included impressive numbers that indicate the index’s growth: in 2020, the LD Micro Index was up 35.72%, and as of market close on Feb. 5, 2021, growth for this year was 34.21%. The LD Micro Index, which includes 1,189 companies, employs a mixture of screening for inclusion and manual exclusion on its selection of microcap North American companies. The company noted that reconstitution of the index occurs…

MondayFeb 08, 2021 2:32 pm

United Medical Equipment Business Solutions Network Inc. Offers Rapid COVID-19 Test Designed to Identify Infection

FDA has authorized 225-plus diagnostic tests for COVID-19 since pandemic began CareStart(TM) COVID-19 antigen test received FDA authorization in July 2020 UME carries CareStart antigen kit, a powerful component of COVID-19 screening process Since the beginning of the COVID-19 pandemic, the U.S. Food and Drug Administration (“FDA”) has authorized more than 225 diagnostic tests for COVID-19 in an effort to provide growing resources to combat the disease. United Medical Equipment Business Solutions Network (“UME”), a company committed to offering a comprehensive line set of COVID-19 products, recently added one of those tests — the CareStart(TM) COVID-19 rapid antigen kit —…

MondayFeb 08, 2021 2:25 pm

RYAH Group Inc. Well Positioned as Data Continues to Shape Future of Medical Research

Recent article finds that data remains one of main drivers of medical research in 2021. New technologies employing AI powered by big data provide new solutions for tackling health problems, expand possibilities of clinical research RYAH combines power of devices combined with data to impact future of medical research to advance treatment of various medical conditions A recent Becker’s Hospital Review article cites 10 emerging trends in health IT that will shape this field in 2021, reporting that big data management is becoming a need as the use of artificial intelligence (“AI”) and machine learning in healthcare continues to blossom (https://ibn.fm/bMPIY).…

MondayFeb 08, 2021 2:12 pm

SRAX Inc.’s (NASDAQ: SRAX) Sequire Provides Public Companies with Actionable Insights on Investor Activity While Severe Volatility Grips Markets

Investor uncertainty rising as volatility continues to negatively affect stock market SRAX’s Sequire investor analytics platform provides actionable insights into investor behaviors for public companies Sequire has grown to 3 million+ active users across 90 public companies since 2019 Q3 2020 performance includes $6.7 million in bookings, 37% increase in subscriptions, 161% year-over-year and 124% quarter-over-quarter revenue growth Despite record levels of unemployment, threats of extreme inflation and runaway government spending, the stock market appears to have decoupled from the greater economy with record highs amid unprecedented levels of volatility (https://ibn.fm/fEiHi). As uncertainty among investors continues to grow, many public…

MondayFeb 08, 2021 1:50 pm

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Is ‘One to Watch’

Excellon’s portfolio currently includes active production at the Platosa Mine, with four additional assets in the development or exploration stages Excellon saw significant increases in production of lead, zinc and silver at the Platosa Mine from Q4 2019 to Q4 2020 The Company is advancing a precious metals growth pipeline that includes: Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality gold development project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history and…

MondayFeb 08, 2021 1:08 pm

QualityStocksNewsBreaks – Pressure BioSciences Inc. (PBIO) to Acquire Assets of International Agrochemical Developer and Supplier

Pressure BioSciences (OTCQB: PBIO) (“PBI”), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables and platform technology solutions to the worldwide biotechnology, biotherapeutics and other industries, today announced its entry into a letter of intent to purchase the assets of an internationally based developer and supplier of organically natural, eco-friendly agrochemicals. The company offers sought-after alternatives to synthetic pesticides and fertilizers serving rapidly growing global sectors of organic and environmentally-sustainable agricultural production. "Upon completion, this acquisition of assets will bring into PBI an established portfolio of respected brand names in the eco-friendly agrochemicals market, with unique…

MondayFeb 08, 2021 12:58 pm

QualityStocksNewsBreaks – Tesla (NASDAQ: TSLA) Announces Purchase of $1.5B in Bitcoin, Planning to Accept Digital Currency for Purchases

Tesla (NASDAQ: TSLA), an American EV and clean energy company, announced significant Bitcoin measures the company is taken. In an SEC filing, the company noted that it may invest in alternative reserve assets such as digital assets, gold bullion, gold exchange-traded funds and other assets. Consequently, the company invested $1.5 billion in Bitcoin; the company also noted that it may acquire and hold additional digital assets. In addition, Tesla noted that it expected to begin accepting Bitcoin as a form for payment for its products, initially on a limited basis. The company plans to make that change in the near…

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