Infant

Saks Luxury Pulse Reveals Growing Economic Optimism Among Luxury Consumers

Retrieved on: 
Thursday, February 29, 2024

Saks, the premier luxury ecommerce platform, has unveiled insights from its latest Saks Luxury Pulse survey fielded in January, finding that luxury consumer optimism towards the economy and their personal finances is growing.

Key Points: 
  • Saks, the premier luxury ecommerce platform, has unveiled insights from its latest Saks Luxury Pulse survey fielded in January, finding that luxury consumer optimism towards the economy and their personal finances is growing.
  • The Saks Luxury Pulse also confirmed that luxury consumers find value in personalization and they are likely to engage in activities that will enhance their shopping experience by making it more individualized.
  • With these insights into luxury consumers' sentiments towards the economy, personal finances and luxury spending, as well as key components of the luxury shopping experience, such as personalization, Saks continues to leverage the Saks Luxury Pulse to uphold its position as the leading expert on the luxury consumer.
  • Emily Essner, Chief Marketing Officer, Saks, added, “Our mission to understand the luxury consumer through the Saks Luxury Pulse is closely tied to our personalization strategy.

The MolinaCares Accord Invests $3.7 Million to Improve Health Equity in Illinois

Retrieved on: 
Wednesday, February 28, 2024

Molina Healthcare of Illinois (“Molina”), in collaboration with The MolinaCares Accord (“MolinaCares”), is announcing a $3.7 million investment in the MolinaCares Illinois Health Equity Initiative.

Key Points: 
  • Molina Healthcare of Illinois (“Molina”), in collaboration with The MolinaCares Accord (“MolinaCares”), is announcing a $3.7 million investment in the MolinaCares Illinois Health Equity Initiative.
  • In total, Molina has dedicated approximately $5 million to improve equity in health outcomes for under-resourced communities in Illinois.
  • “As part of our commitment to advancing health equity, Molina is deploying a multi-pronged approach that targets various areas of health care, working alongside community-based organizations and providers,” said Matthew Wolf, plan president of Molina Healthcare of Illinois.
  • Studies have shown those who live in poverty tend to have a higher disease burden, according to the National Health Council .

MEDI8897 (Nirsevimab): An Investigational Long-Acting Antibody that Protects all Infants through their First RSV Season with a Single Dose - Market Size, Forecasts, and Market Insight 2019-2032 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 27, 2024

The report provides comprehensive insights about MEDI8897 for Respiratory syncytial virus (RSV) in the seven major markets.

Key Points: 
  • The report provides comprehensive insights about MEDI8897 for Respiratory syncytial virus (RSV) in the seven major markets.
  • MEDI8897 (Nirsevimab) is an investigational long-acting antibody that protects all infants through their first RSV season with a single dose.
  • Nirsevimab is an immunization that provides direct prophylactic RSV protection to all infants via an antibody to help prevent LRTI caused by RSV.
  • A detailed description of regulatory milestones, and developmental activities, provide the current development scenario of MEDI8897 in RSV.

Owlet Announces $9 Million Private Placement Financing

Retrieved on: 
Monday, February 26, 2024

The transaction, which involves participation from existing investors, is expected to close on February 28, 2024, subject to customary closing conditions.

Key Points: 
  • The transaction, which involves participation from existing investors, is expected to close on February 28, 2024, subject to customary closing conditions.
  • Pursuant to the terms of the definitive agreements and the closing of the private placement, Owlet will issue shares of Series B preferred stock that are convertible into approximately 1.2 million shares of common stock.
  • “As a pioneer of smart infant monitoring, Owlet has built momentum on the back of our two new FDA clearances.
  • The Company does not endorse any projections regarding future performance, results or events that may be made by third parties.

Owlet Announces Strong Preliminary Fourth Quarter 2023 Results and to Report Fourth Quarter 2023 Financial Results on March 7, 2024

Retrieved on: 
Thursday, February 22, 2024

Owlet , Inc. (“Owlet” or the “Company”) (NYSE:OWLT), the pioneer of smart infant monitoring, today announces the following preliminary unaudited results for the fourth quarter 2023.

Key Points: 
  • Owlet , Inc. (“Owlet” or the “Company”) (NYSE:OWLT), the pioneer of smart infant monitoring, today announces the following preliminary unaudited results for the fourth quarter 2023.
  • Q4 Gross Margin is expected to be approximately 47%, up over 1,900 basis points from 27.8% year over year.
  • Q4 Net Loss is expected to be approximately $6.9 million, down 65% from $19.5 million year over year.
  • I’m proud of the immense progress our team has made in re-shaping the company in 2023.”
    The Company will report its full fourth quarter and year-end 2023 financial results after the market closes on March 7, 2024.

Owlet to Participate in Cowen’s 44th Annual Health Care Conference

Retrieved on: 
Thursday, February 22, 2024

Owlet, Inc. (“Owlet”) ( NYSE : OWLT), the pioneer of smart infant monitoring, today announced that it will participate in the 44th Annual Cowen Health Care Conference, taking place on March 4 – March 6, 2024 at the Marriott Copley Place in Boston, Massachusetts.

Key Points: 
  • Owlet, Inc. (“Owlet”) ( NYSE : OWLT), the pioneer of smart infant monitoring, today announced that it will participate in the 44th Annual Cowen Health Care Conference, taking place on March 4 – March 6, 2024 at the Marriott Copley Place in Boston, Massachusetts.
  • Kurt Workman, Owlet’s Co-Founder and Chief Executive Officer, and Kate Scolnick, Chief Financial Officer, are scheduled to engage in a fireside chat on Tuesday, March 5, 2024, at 2:50 p.m. Eastern Time.
  • A link to the live webcast of the fireside chat will be available on the Owlet Investor Relations website, investors.owletcare.com .
  • A replay of the webcast will also be available on Owlet’s Investor Relations website .

Pediatric Nutrition Company Bobbie Launches Organic Infant Supplements, Expanding Current Product Line

Retrieved on: 
Monday, February 19, 2024

Bobbie, the mom-founded pediatric nutrition company, today announced its first move beyond infant formula with two organic infant supplements: Vitamin D and Probiotic Drops.

Key Points: 
  • Bobbie, the mom-founded pediatric nutrition company, today announced its first move beyond infant formula with two organic infant supplements: Vitamin D and Probiotic Drops.
  • View the full release here: https://www.businesswire.com/news/home/20240219495444/en/
    The new Bobbie product suite, including organic infant boosters.
  • (Photo: Business Wire)
    Consistent with Bobbie’s mission, philosophy, and product vision, these infant supplements were developed with the knowledge that every feeding journey is unique and ever-evolving.
  • Introducing Bobbie Organic Vitamin D Drops and Organic Probiotic Drops: both infant and toddler supplements are made with certified organic ingredients that are non-GMO, GRAS, and vegan.

LactaLogics Closes $92 Million for Facility, Expanding Access to Human Milk

Retrieved on: 
Friday, March 8, 2024

PORT ST. LUCIE, Fla., March 8, 2024 /PRNewswire-PRWeb/ -- LactaLogics, a pioneer in human milk-based nutrition, is announcing its successful closure of over $92 million in financing. This milestone will enable the company to complete its state-of-the-art facility for the production of human milk-based fortifiers and standardized donor milk.

Key Points: 
  • PORT ST. LUCIE, Fla., March 8, 2024 /PRNewswire-PRWeb/ -- LactaLogics, a pioneer in human milk-based nutrition, is announcing its successful closure of over $92 million in financing.
  • This milestone will enable the company to complete its state-of-the-art facility for the production of human milk-based fortifiers and standardized donor milk.
  • - Glenn Snow, CEO and co-founder
    The benefits of human milk for infant development are extensively documented in scientific literature.
  • Through innovative large-scale manufacturing, leveraging their proprietary Gentle-UHT™ processing technology, LactaLogics is expanding access to human milk, ensuring a reliable supply of critical nutrition.

BCBSTX, Texas Pediatric Society offer trainings for providers, improving health outcomes for Texas women, children

Retrieved on: 
Friday, March 8, 2024

RICHARDSON, Texas, March 8, 2024 /PRNewswire/ -- Blue Cross and Blue Shield of Texas and the Texas Pediatric Society are partnering to enhance maternal and infant health in Texas.

Key Points: 
  • RICHARDSON, Texas, March 8, 2024 /PRNewswire/ -- Blue Cross and Blue Shield of Texas and the Texas Pediatric Society are partnering to enhance maternal and infant health in Texas.
  • Through BCBSTX's Special Beginnings initiative , they will offer training and resources to primary care providers and pediatricians.
  • Supported by a BCBSTX grant, TPS is launching an advisory committee for the new Clinical Series Program to develop pediatric healthcare resources for maternal and infant health, including videos and webinars.
  • In order to manage these cases, primary care pediatricians need access to specialized resources, education and support," said Dr. Alice Gong, President of the Texas Pediatric Society.

Equality Health Foundation and March of Dimes Host Healthy Mama Festival

Retrieved on: 
Thursday, March 7, 2024

PHOENIX, March 7, 2024 /PRNewswire-PRWeb/ -- Equality Health Foundation, in collaboration with the March of Dimes, the leading organization fighting for the health of moms and babies, and premier sponsor Mercy Care, is pleased to announce the inaugural Healthy Mama Festival and Diaper Bag Giveaway happening on Saturday, March 9 at the Pilgrim Rest Baptist Church in South Phoenix. This free event is dedicated to promoting health and well-being education for all mothers, soon-to-be mothers and their children.

Key Points: 
  • "The Healthy Mama Festival is an extension of Equality Health Foundation's commitment to supporting and empowering families with culturally informed health care and maternal health education during this transformative period."
  • Equality Health Foundation works to expand access to whole-person care, accelerate health education, and eliminate healthcare inequalities for all.
  • "As long-standing partners with both Equality Health Foundation and March of Dimes, Mercy Care is aligned with the mission of these two organizations and the objectives of the Healthy Mama Festival.
  • For more information on Equality Health Foundation and the festival, please visit equalityhealthfoundation.org/healthy-mama-festival-phoenix/ .