Hydrogen sulfide

Battalion Oil Corporation Announces Fourth Quarter 2023 Financial and Operating Results

Retrieved on: 
Friday, March 29, 2024

HOUSTON, March 29, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the fourth quarter of 2023.

Key Points: 
  • HOUSTON, March 29, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the fourth quarter of 2023.
  • Excluding the impact of hedges, Battalion realized 99.7% of the average NYMEX oil price during the fourth quarter of 2023.
  • Lease operating and workover expense was $11.87 per Boe in the fourth quarter of 2023 versus $9.89 per Boe in the fourth quarter of 2022.
  • Gathering and other expense was $13.31 per Boe in the fourth quarter of 2023 versus $11.31 per Boe in the fourth quarter of 2022.

Antibe to Present Otenaproxesul PK/PD Results at the ASRA Pain Medicine Meeting

Retrieved on: 
Wednesday, March 20, 2024

Antibe Therapeutics Inc. (TSX: ATE, OTCQX: ATBPF), a clinical-stage biotechnology company leveraging its hydrogen sulfide platform to target pain and inflammation, is pleased to announce a moderated poster presentation of data from otenaproxesul’s recent pharmacokinetic/pharmacodynamic (“PK/PD”) study.

Key Points: 
  • Antibe Therapeutics Inc. (TSX: ATE, OTCQX: ATBPF), a clinical-stage biotechnology company leveraging its hydrogen sulfide platform to target pain and inflammation, is pleased to announce a moderated poster presentation of data from otenaproxesul’s recent pharmacokinetic/pharmacodynamic (“PK/PD”) study.
  • The poster will be presented at the 49th Annual Regional Anesthesiology and Acute Pain Medicine Meeting by Dr. Joseph Stauffer, Antibe’s Chief Medical Officer, formerly a practicing anesthesiologist:
    Title: “Assessment of the Pharmacokinetics and Safety of Otenaproxesul, a Non-Abusable, Novel Anti-Inflammatory /Analgesic Compound”
    Location: The Hilton San Diego Bayfront, San Diego, California
    “I am honored by ASRA’s invitation to deliver a moderated poster presentation to my anesthesiologist colleagues,” commented Dr. Stauffer.
  • “While surgeons have the primary responsibility for prescribing post-operative analgesics, they often rely on the expertise of anesthesiologists in selecting optimal therapies.
  • As we head into otenaproxesul’s Phase II trial, this session is an opportunity to present our novel non-opioid’s strong safety and PK data to physicians seeking safer solutions for pain.”
    The poster will be available in the Scientific Publications section of the Company’s website following the presentation.

Streamline Innovations Leads TIME’s List of America’s Top GreenTech Companies of 2024

Retrieved on: 
Monday, March 11, 2024

Streamline Innovations (“Streamline”), the leader in green solutions for treating toxic emissions such as hydrogen sulfide (H2S), today announced it has been awarded 6th place out of 250 companies included in TIME’s inaugural list of America’s Top GreenTech Companies 2024.

Key Points: 
  • Streamline Innovations (“Streamline”), the leader in green solutions for treating toxic emissions such as hydrogen sulfide (H2S), today announced it has been awarded 6th place out of 250 companies included in TIME’s inaugural list of America’s Top GreenTech Companies 2024.
  • The award list was announced on March 5, 2024 and can be viewed on TIME’s website found here .
  • Streamline is also ranked 2nd place in TIME’s category of “Circular Economy,” based on a rigorous evaluation of more than 4,600 companies across three dimensions – Positive Environmental Impact, Financial Strength, and Innovation Drive.
  • Streamline is thrilled that the research results recognized the value of the company’s contribution, and is proud to be a leader on TIME’s list of America’s Top GreenTech Companies 2024.

Antibe to Present Otenaproxesul PK/PD Results at the American Academy of Pain Medicine Meeting

Retrieved on: 
Thursday, March 7, 2024

Antibe Therapeutics Inc. (TSX: ATE, OTCQX: ATBPF), a clinical-stage biotechnology company leveraging its hydrogen sulfide platform to target pain and inflammation, is pleased to announce a poster presentation of data from otenaproxesul’s recent pharmacokinetic/pharmacodynamic (“PK/PD”) study.

Key Points: 
  • Antibe Therapeutics Inc. (TSX: ATE, OTCQX: ATBPF), a clinical-stage biotechnology company leveraging its hydrogen sulfide platform to target pain and inflammation, is pleased to announce a poster presentation of data from otenaproxesul’s recent pharmacokinetic/pharmacodynamic (“PK/PD”) study.
  • The poster will be presented at the 40th Annual Meeting of the American Academy of Pain Medicine by Dr. Joseph Stauffer, Antibe’s Chief Medical Officer:
    Title: “Assessment of the Pharmacokinetic and Safety of Otenaproxesul, a Non-Abusable, Novel, Anti-Inflammatory/Analgesic Compound”
    Location: Westin Kierland Resort & Spa, Scottsdale, Arizona
    “I’m delighted to present these results at the country’s premier gathering of pain specialists,” commented Dr. Stauffer.
  • “As they will tell you, the need to minimize opioid use and the lack of innovation in oral analgesics have severely constrained their options for treating pain.
  • In the context of resurgent scientific and commercial interest in the pain space, the timing couldn’t be better to discuss new solutions, especially a novel anti-inflammatory compound like otenaproxesul.”
    The poster will be available in the Scientific Publications section of the Company’s website following the presentation.

Antibe Announces Unfavorable Decision in Arbitration With Nuance Pharma

Retrieved on: 
Monday, March 4, 2024

“We strongly disagree with this decision,” commented Dan Legault, Antibe’s CEO. “Nonetheless, we acknowledge the fact that we agreed to binding arbitration in a foreign jurisdiction. Antibe respects the confidentiality and final nature of the arbitration proceedings and will accept the decision in good faith. We continue to believe that the comprehensive data package shared with Nuance for the previous chronic pain formulation fully reflected the drug’s safety and efficacy characteristics. Although this ruling presents a significant short-term challenge, we remain committed to developing otenaproxesul -- particularly due to the strength of recent clinical results for acute pain that have significantly de-risked its final trials.”

Key Points: 
  • The confidential ruling from the Singapore International Arbitration Centre rescinds the license agreement and requires Antibe to refund the US$20 million upfront payment and pay interest and costs of approximately US$4 million.
  • Antibe views this unexpected result as highly unusual based on best practices for licensing deals in the biotech industry.
  • “Nonetheless, we acknowledge the fact that we agreed to binding arbitration in a foreign jurisdiction.
  • Antibe respects the confidentiality and final nature of the arbitration proceedings and will accept the decision in good faith.

Gut microbiome: meet Bilophila wadsworthia – a microbe that’s both friend and foe

Retrieved on: 
Friday, February 16, 2024

Hydrogen sulfide is the gas responsible for the rotten-egg odour that you come across near stagnant water and in drains.

Key Points: 
  • Hydrogen sulfide is the gas responsible for the rotten-egg odour that you come across near stagnant water and in drains.
  • Bilophila wadsworthia is one such species of these bacteria.
  • The bacteria that break down sulfur-containing organic matter and produce hydrogen sulfide are fittingly called sulfate-reducing bacteria.
  • Sulfate-reducing bacteria are an important part of the normal human gut microbiome, and small amounts of hydrogen sulfide are required in the human gut environment.
  • Bilophila wadsworthia was discovered in the 1980s, when it was found in people who had severe appendicitis.
  • The researchers found that it grew really well in bile, which is why the genus name is Bilophila (meaning bile loving).
  • Since then, research has associated Bilophila wadsworthia with negative effects in the gut.
  • It’s not clear how or why expansion of Bilophila wadsworthia can occur in the gut.


Jade Davies receives funding from UKRI via the BBSRC as part of the Norwich Research Park Doctoral Training Partnership (grant no. BB/M011216/1).

Antibe Reports Q3 2024 Interim Financial and Operating Results

Retrieved on: 
Wednesday, February 14, 2024

Antibe Therapeutics Inc. (TSX: ATE, OTCQX: ATBPF), a clinical-stage biotechnology company leveraging its hydrogen sulfide platform to target pain and inflammation, has filed its financial and operating results for the fiscal quarter ended December 31, 2023.

Key Points: 
  • Antibe Therapeutics Inc. (TSX: ATE, OTCQX: ATBPF), a clinical-stage biotechnology company leveraging its hydrogen sulfide platform to target pain and inflammation, has filed its financial and operating results for the fiscal quarter ended December 31, 2023.
  • “The results of November’s successful PK/PD study have empowered us to make considerable enhancements to the Phase II trial,” commented Dan Legault, Antibe’s CEO.
  • General and Administrative Expenses: General and administrative expenses were $2.3 million, compared to $2.2 million in fiscal Q3 2023.
  • The Company’s unaudited fiscal Q3 2024 condensed interim financial statements and MD&A are available on SEDAR.

Antibe Extends Early Warrant Exercise Incentive Program

Retrieved on: 
Thursday, February 1, 2024

Antibe Therapeutics Inc. (TSX: ATE, OTCQX: ATBPF), a clinical stage company leveraging its hydrogen sulfide platform to develop next-generation safer therapies that target inflammation, is extending the Early Warrant Exercise Incentive Program (“Early Warrant Exercise Program”) for its 6.4 million outstanding and unlisted share purchase warrants having an exercise price of $1.50 (“Exercise Price”) and expiring on July 31, 2024 (the “Warrants”).

Key Points: 
  • Antibe Therapeutics Inc. (TSX: ATE, OTCQX: ATBPF), a clinical stage company leveraging its hydrogen sulfide platform to develop next-generation safer therapies that target inflammation, is extending the Early Warrant Exercise Incentive Program (“Early Warrant Exercise Program”) for its 6.4 million outstanding and unlisted share purchase warrants having an exercise price of $1.50 (“Exercise Price”) and expiring on July 31, 2024 (the “Warrants”).
  • The existing Early Warrant Exercise Program announced on December 29, 2023 is designed to encourage the early exercise of the Warrants during a 30-day early exercise period that commenced on January 16, 2024 and terminates on February 15, 2024 (the “Incentive Period”).
  • Under the Early Warrant Exercise Program, the Company is offering a reduction in the Exercise Price from $1.50 to $1.00 to holders of the Warrants who exercise during the Incentive Period.
  • Today’s announcement extends the termination date of the Incentive Period to March 31, 2024 (the “Extension”).

McNally Capital to Sell Advanced Micro Instruments, Inc. to Enpro Inc.

Retrieved on: 
Wednesday, January 3, 2024

McNally Capital (“McNally”), a private equity firm, is pleased to announce the firm has entered into a signed purchase agreement for the sale of Advanced Micro Instruments, Inc. (“AMI” or the “Company”) to Enpro Inc. (NYSE: NPO).

Key Points: 
  • McNally Capital (“McNally”), a private equity firm, is pleased to announce the firm has entered into a signed purchase agreement for the sale of Advanced Micro Instruments, Inc. (“AMI” or the “Company”) to Enpro Inc. (NYSE: NPO).
  • McNally invested in AMI in partnership with the company’s founder, Steven Kirchnavy, in 2014.
  • We look forward to continuing our growth trajectory by joining the Enpro family,” said Kevin Bates, President and CEO of AMI.
  • The firm is currently investing out of its committed buyout fund, McNally Capital Fund II, LP.

Black Bay Energy Capital Acquires Process Technologies & Catalyst Business from Merichem Company

Retrieved on: 
Wednesday, January 3, 2024

Black Bay Energy Capital (“Black Bay”) announced today the acquisition of Merichem Company’s technology business unit, comprised of Merichem Process Technologies and Merichem Catalyst Products, which will collectively be renamed “Merichem Technologies.” Merichem Company will maintain its caustic services business, which handles spent caustic for beneficial reuse.

Key Points: 
  • Black Bay Energy Capital (“Black Bay”) announced today the acquisition of Merichem Company’s technology business unit, comprised of Merichem Process Technologies and Merichem Catalyst Products, which will collectively be renamed “Merichem Technologies.” Merichem Company will maintain its caustic services business, which handles spent caustic for beneficial reuse.
  • Merichem Technologies represents a new sulfur-treating platform for Black Bay, which will be led by Cyndie Fredrick, previously SVP & General Manager of Merichem Company, and joined by the existing management team.
  • Founded in 1945, Merichem Company is a global leader in full-service sulfur removal, caustic treating and spent caustic treatment technologies.
  • Merichem Company CEO Kendra Lee will join the Merichem Technologies board in concert with the acquisition.