Paragon

Paragon 28 Announces Preliminary Unaudited Revenue for Fourth Quarter and Full Year 2023

Retrieved on: 
Monday, January 8, 2024

Paragon 28, Inc. (NYSE: FNA) (“Paragon 28” or “P28”), a leading medical device company exclusively focused on the foot and ankle orthopedic market, today announced a range of its preliminary unaudited net revenue for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Paragon 28, Inc. (NYSE: FNA) (“Paragon 28” or “P28”), a leading medical device company exclusively focused on the foot and ankle orthopedic market, today announced a range of its preliminary unaudited net revenue for the fourth quarter and full year ended December 31, 2023.
  • Preliminary unaudited net revenue for the fourth quarter of 2023 is expected to be in a range of $60.3 to $60.6 million, representing reported growth of approximately 17% to 18% compared to the fourth quarter of 2022.
  • Foreign currency impact on fourth quarter 2023 reported net revenue growth was not significant.
  • “We closed out 2023 with another solid quarter and I am very pleased with our 20 percent net revenue growth for 2023.

Paragon 28 Advances Foot and Ankle Specific Soft Tissue Portfolio with Launch of Grappler® Knotless Anchor System and Innovative Bridgeline™ Tape

Retrieved on: 
Friday, January 5, 2024

Paragon 28, Inc. (NYSE: FNA), is thrilled to announce the launch of the Grappler® Knotless Anchor System and Bridgeline™ Tape, enhancing the Company’s position in the fast-growing foot and ankle specific soft tissue market in 2024 and beyond.

Key Points: 
  • Paragon 28, Inc. (NYSE: FNA), is thrilled to announce the launch of the Grappler® Knotless Anchor System and Bridgeline™ Tape, enhancing the Company’s position in the fast-growing foot and ankle specific soft tissue market in 2024 and beyond.
  • Both the Grappler® Knotless Anchor System and Bridgeline™ Tape are highly complementary to a broad range of Paragon 28’s existing hardware products with several applications spanning multiple foot and ankle indications.
  • Surgeon designer, Mark Prissel, DPM commented, “The Grappler® Suture Anchor System is a comprehensive soft tissue anchoring product line that includes implants designed by and for foot and ankle surgeons for acute and chronic repairs.
  • With this comprehensive portfolio, Paragon 28® provides its customers with a single source to address their foot and ankle soft tissue needs.

Biotech Veteran Marc Yoskowitz Named Evozyne CEO

Retrieved on: 
Thursday, January 4, 2024

Chicago-based Evozyne today announced Marc Yoskowitz as CEO of the generative AI-driven biotech.

Key Points: 
  • Chicago-based Evozyne today announced Marc Yoskowitz as CEO of the generative AI-driven biotech.
  • Yoskowitz has held executive leadership positions with Pfizer, Hospira and McKinsey & Company, bringing deep biopharmaceutical, corporate development and strategy expertise to the role.
  • Leading a company that is pioneering this technology and developing novel proteins is an unparalleled opportunity,” Yoskowitz said.
  • Founded in 2020 by Paragon Biosciences, Evozyne develops novel proteins that solve high-impact problems in human health.

Dr. Stephen Oesterle and Dr. Joshua Makower Join Patient Square Capital as Senior Advisors

Retrieved on: 
Thursday, January 4, 2024

MENLO PARK, Calif., Jan. 4, 2024 /PRNewswire/ -- Patient Square Capital , a leading health care investment firm, today announced that Dr. Joshua Makower and Dr. Stephen Oesterle joined as Senior Advisors to the firm.

Key Points: 
  • MENLO PARK, Calif., Jan. 4, 2024 /PRNewswire/ -- Patient Square Capital , a leading health care investment firm, today announced that Dr. Joshua Makower and Dr. Stephen Oesterle joined as Senior Advisors to the firm.
  • Dr. Makower will also be joining the board of Elevage Medical Technologies, a Patient Square portfolio company focused on growth-stage medical technologies.
  • "Dr. Oesterle and Dr. Makower are undisputed leaders, innovators, and investors in the medical technology space," said Neel Varshney, M.D., Founding Partner of Patient Square.
  • "The resources Patient Square has assembled for the ultimate goal of improving patient outcomes are transformational," added Dr. Oesterle.

Elevance Health to Acquire Paragon Healthcare

Retrieved on: 
Thursday, January 4, 2024

Elevance Health (NYSE: ELV) today announced that it has entered into an agreement to acquire Paragon Healthcare, Inc., a company specializing in life-saving and life-giving infusible and injectable therapies.

Key Points: 
  • Elevance Health (NYSE: ELV) today announced that it has entered into an agreement to acquire Paragon Healthcare, Inc., a company specializing in life-saving and life-giving infusible and injectable therapies.
  • Following the acquisition, Elevance Health will look to expand Paragon Healthcare’s geographical footprint and operations while bolstering its therapeutic coverage.
  • Once integrated, Paragon Healthcare patients who receive both medical and pharmacy benefits from Elevance Health’s subsidiaries will benefit from the company’s ability to leverage medical and pharmacy data to deliver proactive, whole health insights.
  • After the acquisition closes, Paragon Healthcare will operate as part of CarelonRx, the pharmacy services segment within Carelon, Elevance Health’s health services division.

EQS-News: paragon confirms nine-month figures

Retrieved on: 
Saturday, December 30, 2023

paragon increased its revenue in the first nine months of 2023 to EUR 122.0 million (previous year: EUR 118.5 million) and at the same time further reduced its net debt.

Key Points: 
  • paragon increased its revenue in the first nine months of 2023 to EUR 122.0 million (previous year: EUR 118.5 million) and at the same time further reduced its net debt.
  • EBITDA from discontinued operations (including the effect from the deconsolidation of paragon semvox GmbH) amounted to EUR 7.6 million, meaning that the paragon Group's total EBITDA after nine months amounted to EUR 23.8 million (prior-year period: EUR 12.0 million).
  • As announced, paragon began the stock exchange buyback of its 2017/2027 bonds (ISIN: DE000A2GSB86; WKN: A2GSB8) on November 6, 2023.
  • The plan is for paragon to supply VDL Netcar, ElectricBrands' contract manufacturer, with traction batteries for the XBUS light commercial vehicle from 2025.

LBank Exchange Amplifies Digital Asset Management with Paragon Pay (PARAGON) on November 23, 2023

Retrieved on: 
Monday, December 4, 2023

LBank Exchange is thrilled to announce the listing of Paragon Pay (PARAGON), an innovative solution in the mileage points industry, aiming to revolutionize how loyalty points are accumulated, managed, and redeemed.

Key Points: 
  • LBank Exchange is thrilled to announce the listing of Paragon Pay (PARAGON), an innovative solution in the mileage points industry, aiming to revolutionize how loyalty points are accumulated, managed, and redeemed.
  • Paragon Pay addresses these issues by offering a more efficient, customer-friendly approach to managing and utilizing loyalty points.
  • The Paragon Pay ecosystem is further enriched by its own token, PARAGON, which plays a pivotal role in the platform's functionality.
  • Paragon Pay, thus, stands as a pioneering force in transforming the mileage points landscape, promising a more value-driven and user-oriented future.

Midwest Real Estate Data Signs Partnership with Quincy Association of REALTORS®

Retrieved on: 
Wednesday, December 20, 2023

LISLE, Ill., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Midwest Real Estate Data (MRED), one of the nation’s largest multiple listing services (MLS), announced the addition of the Quincy Association of REALTORS® as an association partner.

Key Points: 
  • LISLE, Ill., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Midwest Real Estate Data (MRED), one of the nation’s largest multiple listing services (MLS), announced the addition of the Quincy Association of REALTORS® as an association partner.
  • Quincy joins 15 other REALTOR® associations throughout Illinois which contract with MRED to provide cutting-edge MLS and real estate-related services.
  • This partnership adds Quincy’s more than 100 agents to nearly 50,000 real estate professionals who rely on MRED and its extensive suite of tools.
  • “The services that MRED provides will directly benefit Quincy members and help them compete in today’s market,” said Quincy Association Executive Jay Walton.

Ocean Power Technologies, Inc. Announces Second Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, December 13, 2023

MONROE TOWNSHIP, N.J., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal second quarter ended October 31, 2023 (“Q224”), including year-over-year revenue, gross profit, and pipeline growth.

Key Points: 
  • MONROE TOWNSHIP, N.J., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal second quarter ended October 31, 2023 (“Q224”), including year-over-year revenue, gross profit, and pipeline growth.
  • Revenues of $0.9 million for Q224 grew $0.6 million over revenues of $0.3 million for the fiscal quarter ended October 31, 2022 (“Q223”).
  • The gross margin rate was 53.3% and 22.9%, for the six months ended October 31, 2023, and 2022, respectively.
  • Due to demand, production is already underway to fulfill the order in alignment with the delivery schedule and will allow for revenue recognition this fiscal year.

American Pacific Mining Reports up to 100 g/t Gold and 1,305 g/t Silver from 2023 Rock Chip Sampling at the Recently Expanded Tuscarora Project

Retrieved on: 
Tuesday, December 12, 2023

The Tuscarora District is located in Elko County on the east flanks of the 40-million-year-old Mt Blitzen caldera/volcanic complex.

Key Points: 
  • The Tuscarora District is located in Elko County on the east flanks of the 40-million-year-old Mt Blitzen caldera/volcanic complex.
  • The nature of the mineralization is typical of this geologic setting and is comprised of high-level epithermal gold, gold/ silver, electrum and silver veins.
  • The district was discovered through placer mining in the late 1860s and underground mining began in 1870 with three mills being erected.
  • Two certified assay labs were used during the 2023 sampling campaign, Paragon and ALS Global.