Icelandic

Alvotech Reports Financial Results for First Quarter of 2024 and Provides a Business Update

Retrieved on: 
Mardi, mai 21, 2024

Gross margin in Q1 2024 increased to $17 million, by $40 million compared to the same period last year.

Key Points: 
  • Gross margin in Q1 2024 increased to $17 million, by $40 million compared to the same period last year.
  • Alvotech raises topline revenue guidance to $400-$500 million and tightens guidance for bottom line range for 2024 to $100-$150 million.
  • Management will conduct a business update conference call and live webcast on Wednesday May 22, 2024, at 8:00 am ET (12:00 pm GMT).
  • Alvotech will conduct a business update conference call and live webcast on Wednesday, May 22, 2024, at 8:00 am EDT (12:00 pm GMT).

ASP Isotopes Inc. Enters Into Purchase Agreement With a Leading Semiconductor Company for the Supply of Highly Enriched Electronic Gases

Retrieved on: 
Lundi, avril 1, 2024

WASHINGTON, April 01, 2024 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. NASDAQ: ASPI ("ASP Isotopes” or the “Company”), an advanced materials company dedicated to the development of technology and processes for the production of isotopes for use in multiple industries, today announced that it has entered into a purchase agreement with an industry leader in the design and manufacturing of semiconductors. Under the terms of the agreement, ASP Isotopes expects to supply highly enriched silicon-28 to the customer for use in next-generation semiconductors. The product is expected to be supplied from the Company’s South African production facility and shipped to the customer in the USA during 2024.

Key Points: 
  • - Purchase agreement covers supply of highly enriched silicon-28, which is expected to be supplied in 2024.
  • -ASP Isotopes Inc. is in discussions with multiple semiconductor manufacturers regarding the supply of highly enriched isotopically pure electronic gases for next-generation semiconductors, anticipated to enable technologies such as quantum computing and artificial intelligence.
  • Under the terms of the agreement, ASP Isotopes expects to supply highly enriched silicon-28 to the customer for use in next-generation semiconductors.
  • Highly enriched silicon-28 is spin-free where qubits are protected from sources of decoherence that causes loss of quantum information(1).

Amendment - 2023 Full Year Financial Results

Retrieved on: 
Mardi, mars 26, 2024

Amendments have been made to the ‘2023 Full Year Financial Results’ announcement released on 26 March 2024 at 07:00 in the Financial Results table.

Key Points: 
  • Amendments have been made to the ‘2023 Full Year Financial Results’ announcement released on 26 March 2024 at 07:00 in the Financial Results table.
  • “We experienced some operational and procurement delays towards the end of 2023 due to adverse weather conditions, which continued into the start of 2024.
  • Amaroq will continue to review the results of the detailed geophysical programme conducted over the Kobberminebugt licence in 2023.
  • The following selected financial data is extracted from the Financial Statements for the three months ended December 31, 2023.

2023 Full Year Financial Results

Retrieved on: 
Mardi, mars 26, 2024

“We experienced some operational and procurement delays towards the end of 2023 due to adverse weather conditions, which continued into the start of 2024.

Key Points: 
  • “We experienced some operational and procurement delays towards the end of 2023 due to adverse weather conditions, which continued into the start of 2024.
  • Contracting and Procurement: At the end of Q4 2023, 80% of the key contracts for the processing plant were concluded and procurement was 80% completed.
  • Amaroq will continue to review the results of the detailed geophysical programme conducted over the Kobberminebugt licence in 2023.
  • The following selected financial data is extracted from the Financial Statements for the three months ended December 31, 2023.

JBT Corporation Announces the Execution of a Definitive Transaction Agreement with Marel hf., Representing a Significant Milestone Towards the Anticipated Launch of a Voluntary Takeover Offer for All Marel Shares

Retrieved on: 
Vendredi, avril 5, 2024

(ICL: Marel) have executed a definitive transaction agreement related to JBT’s previously announced intention to make a voluntary takeover offer for all of the issued and outstanding shares of Marel.

Key Points: 
  • (ICL: Marel) have executed a definitive transaction agreement related to JBT’s previously announced intention to make a voluntary takeover offer for all of the issued and outstanding shares of Marel.
  • The transaction agreement includes the terms of the offer and other important governance, social, and operating items relating to the proposed business combination of JBT and Marel.
  • Pending final approval by the FSA, JBT currently expects to launch the offer in May 2024.
  • The transaction is expected to close by the end of 2024, subject to regulatory clearance and applicable shareholder approvals.

Medical-Fish-Skin Company Kerecis Receives Export Award from the President of Iceland

Retrieved on: 
Mercredi, mars 13, 2024

Kerecis, the medical-fish-skin company, has been named Iceland’s Export Company of the Year.

Key Points: 
  • Kerecis, the medical-fish-skin company, has been named Iceland’s Export Company of the Year.
  • Johannesson, presented the award to Kerecis’ founder and CEO Fertram Sigurjonsson at a ceremony at the President's residence.
  • Johannesson, presented the Export Company of the Year award to Fertram Sigurjonsson, the founder and CEO of medical-fish-skin company Kerecis.
  • (Photo: Business Wire)
    This prestigious award is given annually to a company that excels in value creation for Iceland and elevates the country's reputation internationally.

Government of Canada signs agreements with Yukon delivering nearly $86 million to improve health care

Retrieved on: 
Mardi, mars 12, 2024

Today, the Honourable Mark Holland, Canada's Minister of Health and the Honourable Tracy-Anne McPhee, Minister of Health and Social Services of the Yukon, announced three agreements to invest a total amount of nearly $86 million to improve health care access and services in the Yukon.

Key Points: 
  • Today, the Honourable Mark Holland, Canada's Minister of Health and the Honourable Tracy-Anne McPhee, Minister of Health and Social Services of the Yukon, announced three agreements to invest a total amount of nearly $86 million to improve health care access and services in the Yukon.
  • Establish a new walk-in primary care clinic in Whitehorse to provide accessible and essential non-urgent health care services.
  • The THIF supports the territories, which face higher costs compared to the provinces in delivering health care, by providing funding for crucial health care system improvements , innovative health care projects and ensuring stable funding for necessary costs, including medical travel.
  • They will expand primary care, enhance long-term care, home care, and community care, address the substance use health emergency, support health system transformation, and tackle health workforce shortages.

Milestone Tasting of Cultured Meat in Europe

Retrieved on: 
Mardi, février 13, 2024

The production of cultured meat, also known as cultivated meat, is significantly more sustainable than traditional farming.

Key Points: 
  • The production of cultured meat, also known as cultivated meat, is significantly more sustainable than traditional farming.
  • Vow are pioneers in this novel industry, developing methods to grow meat directly from animal cells.
  • "We are excited to bring this innovative, novel food product for this milestone tasting event here in Iceland, showcasing that not only is cultivated meat a more sustainable alternative to traditional meat – but that it is also a delicious one.
  • That is why we are so excited to partner with ORF to announce today that Icelanders will be the first to taste an entirely new food in Europe's first ever official cultured meat tasting."

Milestone Tasting of Cultured Meat in Europe

Retrieved on: 
Mardi, février 13, 2024

The production of cultured meat, also known as cultivated meat, is significantly more sustainable than traditional farming.

Key Points: 
  • The production of cultured meat, also known as cultivated meat, is significantly more sustainable than traditional farming.
  • Vow are pioneers in this novel industry, developing methods to grow meat directly from animal cells.
  • "We are excited to bring this innovative, novel food product for this milestone tasting event here in Iceland, showcasing that not only is cultivated meat a more sustainable alternative to traditional meat – but that it is also a delicious one.
  • That is why we are so excited to partner with ORF to announce today that Icelanders will be the first to taste an entirely new food in Europe's first ever official cultured meat tasting."

How Iceland takes better care of its foreign offenders than the rest of Europe

Retrieved on: 
Mardi, février 6, 2024

It is even harder if you’re a foreign national.

Key Points: 
  • It is even harder if you’re a foreign national.
  • Foreign offenders make up a significant proportion of prison populations across western Europe.
  • I wanted to understand these institutions from the inside, to see what Iceland is doing differently.

Humane settings

  • But in this small world of prisons, it seems that arrangements are possible that we do not often see elsewhere.
  • There are two closed – Hólmsheiði, on the outskirts of Reykjavik and the largest, Litla-Hraun, just outside Eyrarbakki, on the south coast – and two open prisons.
  • Sogn is found on the southern plains, where horse riding is popular.
  • Kvíabryggja, in the remote west of the country, sits right next to Kirkjufell, an iconic mountain that featured in Game of Thrones.
  • These are the kind of settings where you would expect a lush hotel, not a prison.

Being imprisoned on a foreign land

  • So too Werner, also from western Europe, who felt let down by the system, by his defence lawyer and by the country as a whole.
  • Some prisoners I spoke with have taken advantage of these benign conditions to carve out a senior role for themselves.
  • While the foreign prisoners I met in Iceland cope to different degrees, they are not suffering the same multiple disadvantages of isolation and deprivation as their counterparts in other western countries.
  • While the pains of imprisonment that Warr discusses are certainly still felt, people’s status as foreign nationals does not exacerbate those pains.
  • In the interest of fairness and equity, that is an important achievement of Iceland’s open prisons.


Francis Pakes does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.