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Inozyme Pharma Announces Positive Topline Data from Ongoing Phase 1/2 Trials of INZ-701 in Adults with ABCC6 Deficiency (PXE) and ENPP1 Deficiency

Retrieved on: 
Monday, April 8, 2024

BOSTON, April 08, 2024 (GLOBE NEWSWIRE) -- Inozyme Pharma, Inc. (Nasdaq: INZY) (“the Company” or “Inozyme”), a clinical-stage rare disease biopharmaceutical company developing novel therapeutics for the treatment of pathologic mineralization and intimal proliferation, today announced positive topline safety, pharmacokinetic (PK), pharmacodynamic (PD) and exploratory efficacy data from the Company’s ongoing Phase 1/2 clinical trials of INZ-701 in adults with ABCC6 Deficiency (PXE, pseudoxanthoma elasticum) and ENPP1 Deficiency.

Key Points: 
  • “We are excited by the excellent safety and preliminary efficacy profile of INZ-701 in adults with ABCC6 Deficiency,” said Douglas A. Treco, Ph.D., CEO of Inozyme Pharma.
  • The patients were assigned to three dose cohorts of INZ-701: 0.2 mg/kg (n=3), 0.6 mg/kg (n=3), and 1.8 mg/kg (n=4).
  • For trial design details, please see the section entitled “INZ-701 in ABCC6 Deficiency Phase 1/2 Clinical Trial Design” below.
  • For trial design details, please see the section entitled “INZ-701 in ENPP1 Deficiency Phase 1/2 Clinical Trial Design” below.

BioAtla Reports Fourth Quarter and Full Year 2023 Financial Results and Highlights Recent Progress

Retrieved on: 
Tuesday, March 26, 2024

General and administrative (G&A) expenses were $5.9 million for the quarter ended December 31, 2023 compared to $6.7 million for the same quarter in 2022.

Key Points: 
  • General and administrative (G&A) expenses were $5.9 million for the quarter ended December 31, 2023 compared to $6.7 million for the same quarter in 2022.
  • Net loss for the quarter ended December 31, 2023 was $26.9 million compared to a net loss of $27.6 million for the same quarter in 2022.
  • Cash used for the quarter ended December 31, 2023 was $29.8 million.
  • Cash and cash equivalents as of December 31, 2023 were $111.5 million, compared to $215.5 million as of December 31, 2022.

Mattr Corp. Announces Pricing of Upsized Senior Unsecured Notes Offering

Retrieved on: 
Tuesday, March 19, 2024

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has entered into an underwriting agreement to sell, pursuant to a private placement offering (the “Offering”), C$175 million aggregate principal amount of 7.25% senior unsecured notes due 2031 (the “Notes”), which aggregate principal amount of notes was upsized from the initial deal size of C$150 million.

Key Points: 
  • TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has entered into an underwriting agreement to sell, pursuant to a private placement offering (the “Offering”), C$175 million aggregate principal amount of 7.25% senior unsecured notes due 2031 (the “Notes”), which aggregate principal amount of notes was upsized from the initial deal size of C$150 million.
  • The Notes will be issued at a price of C$1,000 per C$1,000 principal amount of Notes.
  • “Over the last three years Mattr has completed a fundamental business transformation while delivering substantial growth and significantly strengthening our balance sheet.
  • Subject to customary closing conditions, the Offering is expected to close on or about April 2, 2024.

BioAtla to Announce Fourth Quarter and Full-Year 2023 Financial Results and Provide Business Highlights on March 26, 2024

Retrieved on: 
Tuesday, March 19, 2024

SAN DIEGO, March 19, 2024 (GLOBE NEWSWIRE) -- BioAtla, Inc. (Nasdaq: BCAB), a global clinical-stage biotechnology company focused on the development of Conditionally Active Biologic (CAB) antibody therapeutics for the treatment of solid tumors, today announced that it plans to host a conference call and webcast on Tuesday, March 26, 2024 at 4:30 p.m.

Key Points: 
  • SAN DIEGO, March 19, 2024 (GLOBE NEWSWIRE) -- BioAtla, Inc. (Nasdaq: BCAB), a global clinical-stage biotechnology company focused on the development of Conditionally Active Biologic (CAB) antibody therapeutics for the treatment of solid tumors, today announced that it plans to host a conference call and webcast on Tuesday, March 26, 2024 at 4:30 p.m.
  • ET to discuss its financial results for the fourth quarter and full-year ended December 31, 2023 and provide business highlights.
  • The press release with the financial results will be accessible prior to the conference call through “ News Releases ” in the News & Events section of the company’s website.
  • A replay of the call will also be available through “ Events & Presentations ” in the Investors section of the company’s website.

Bliss + Lex to Open Manhattan’s First Black Woman-Owned Dispensary in Upper East Side

Retrieved on: 
Tuesday, March 19, 2024

Bliss + Lex , Manhattan’s Upper East Side latest state-licensed dispensary, is celebrating its grand opening on Wednesday, March 20.

Key Points: 
  • Bliss + Lex , Manhattan’s Upper East Side latest state-licensed dispensary, is celebrating its grand opening on Wednesday, March 20.
  • It is Manhattan’s first Black woman-owned dispensary and a Conditional Adult-Use Retail Dispensary (CAURD) licensee.
  • Bliss + Lex is the second retailer to open in collaboration with the Housing Works CAURD Community Initiative , which offers a range of critical support for New York social-equity cannabis entrepreneurs.
  • Bliss + Lex will carry a range of products from brands such as Off Hours , 1906 , TYSON 2.0 and more.

Docubee & ALM Report Legal Sector's Move to AI Contract Automation in Recent Study

Retrieved on: 
Wednesday, March 13, 2024

Intelligent contract automation platform, Docubee in partnership with legal media and research company ALM shared a revealing study that found 79% of legal professionals still rely on traditional paper or Word documents.

Key Points: 
  • Intelligent contract automation platform, Docubee in partnership with legal media and research company ALM shared a revealing study that found 79% of legal professionals still rely on traditional paper or Word documents.
  • Current contract automation trends identified in the study suggest that the legal industry is on the brink of embracing AI technology.
  • Despite some resistance to change, 59% of respondents are interested in or planning to implement a contract automation tool soon.
  • Docubee goes beyond traditional contract automation by integrating smarter AI, offering legal professionals the tools necessary to elevate their firm's performance and growth with safety and security at its core.

Inpixon Announces Anticipated Closing Date for XTI Merger and Share Consolidation

Retrieved on: 
Monday, March 11, 2024

PALO ALTO, Calif., March 11, 2024 /PRNewswire/ -- Inpixon® (Nasdaq: INPX) ("Inpixon" or the "Company") today announced that the Company and XTI Aircraft Company anticipate the closing date of the previously announced merger will be after market close on March 12, 2024. Following closing, the Company will operate under the name "XTI Aerospace, Inc." ("XTI Aerospace"). Immediately prior to the closing of the transaction, the Company will  implement a consolidation of the Company's common stock for the purpose of satisfying initial listing requirements for the combined company and to bring the company into compliance with Nasdaq continued listing rules. The consolidation will be effective as of market open on March 13, 2024, upon which trading will commence on the Nasdaq Capital Market under the new ticker symbol "XTIA", with a new CUSIP number, 98423K108. Concurrent with the transaction closing, it is expected that an entity controlled by Inpixon's CEO will invest $1.5 million in an equity financing in the Company.

Key Points: 
  • XTI Aerospace Anticipated to Begin Trading on Nasdaq Under Ticker Symbol "XTIA" as of Market Open March 13, 2024
    PALO ALTO, Calif., March 11, 2024 /PRNewswire/ -- Inpixon® (Nasdaq: INPX) ("Inpixon" or the "Company") today announced that the Company and XTI Aircraft Company anticipate the closing date of the previously announced merger will be after market close on March 12, 2024.
  • Following closing, the Company will operate under the name "XTI Aerospace, Inc." ("XTI Aerospace").
  • Concurrent with the transaction closing, it is expected that an entity controlled by Inpixon's CEO will invest $1.5 million in an equity financing in the Company.
  • Any fractional shares resulting from the consolidation will be rounded up to the nearest whole share of common stock.

BioAtla Announces Poster Presentations at the 2024 American Association for Cancer Research (AACR) Annual Meeting

Retrieved on: 
Thursday, March 7, 2024

SAN DIEGO, March 07, 2024 (GLOBE NEWSWIRE) -- BioAtla, Inc. (Nasdaq: BCAB), a global clinical-stage biotechnology company focused on the development of Conditionally Active Biologic (CAB) antibody therapeutics for the treatment of solid tumors, today announced preclinical poster presentations at the upcoming 2024 American Association for Cancer Research (AACR) Annual Meeting to be held at the San Diego Convention Center in San Diego, California from April 5–10, 2024.

Key Points: 
  • SAN DIEGO, March 07, 2024 (GLOBE NEWSWIRE) -- BioAtla, Inc. (Nasdaq: BCAB), a global clinical-stage biotechnology company focused on the development of Conditionally Active Biologic (CAB) antibody therapeutics for the treatment of solid tumors, today announced preclinical poster presentations at the upcoming 2024 American Association for Cancer Research (AACR) Annual Meeting to be held at the San Diego Convention Center in San Diego, California from April 5–10, 2024.

Switch Therapeutics to Present at Evercore ISI 2024 Emerging Biotech Conference

Retrieved on: 
Thursday, February 22, 2024

Switch Therapeutics, a biotechnology company pioneering a new way to use RNA science to treat disease utilizing its proprietary CASi (Conditionally Activated siRNA) platform, today announced that Dee Datta, Ph.D., co-founder and CEO of Switch Therapeutics, will participate in a virtual fireside chat at the Evercore ISI 2024 Emerging Biotech Conference on Thursday, February 29, 2024 at 1:05 p.m.

Key Points: 
  • Switch Therapeutics, a biotechnology company pioneering a new way to use RNA science to treat disease utilizing its proprietary CASi (Conditionally Activated siRNA) platform, today announced that Dee Datta, Ph.D., co-founder and CEO of Switch Therapeutics, will participate in a virtual fireside chat at the Evercore ISI 2024 Emerging Biotech Conference on Thursday, February 29, 2024 at 1:05 p.m.
  • ET (10:05 a.m. PT).
  • A live audio webcast of the fireside chat will be available here and will be available for replay for 90 days following the presentation.

Housing Works Upholds Promise to New Yorkers with Launch of CAURD Community Initiative

Retrieved on: 
Thursday, February 29, 2024

NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Housing Works made history when it opened New York State's first licensed adult-use dispensary, Housing Works Cannabis Co (HWCC), in 2022. With that singular experience as the frontrunner in the state's CAURD (Conditional Adult-Use Retail Dispensary) licensing program, Housing Works has created and launched its CAURD Community initiative, a new retail business support network for licensed cannabis entrepreneurs.

Key Points: 
  • NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Housing Works made history when it opened New York State's first licensed adult-use dispensary, Housing Works Cannabis Co (HWCC), in 2022.
  • With that singular experience as the frontrunner in the state's CAURD (Conditional Adult-Use Retail Dispensary) licensing program, Housing Works has created and launched its CAURD Community initiative, a new retail business support network for licensed cannabis entrepreneurs.
  • Housing Works has served as a leader in the social enterprise space in the United States since its founding in 1990.
  • To learn more about Housing Works' CAURD Community initiative, please visit hwcannabis.co/community/ .