Ferdinand Magellan

Neuronetics Reports Record Fourth Quarter and Record Full Year 2023 Financial and Operating Results

Retrieved on: 
Tuesday, March 5, 2024

For the period ended December 31, 2023 and 2022, the Company shipped 205 and 213 systems, respectively.

Key Points: 
  • For the period ended December 31, 2023 and 2022, the Company shipped 205 and 213 systems, respectively.
  • Gross margin for the full year 2023 were 72.5%, a decrease of approximately 380 basis points from the full year 2022 gross margin of 76.3%.
  • Operating expenses during the full year 2023 was $82.3 million, a decrease of $2.5 million, or 2.9% compared to $84.8 million in the full year 2022.
  • See the accompanying financial table that reconciles EBITDA, which is a non-GAAP financial measure, to net loss.

Magellan Health Introduces Digital Cognitive Behavioral Therapy Programs for Children and Adolescents

Retrieved on: 
Tuesday, March 5, 2024

FRISCO, Texas, March 5, 2024 /PRNewswire/ -- Magellan Health, Inc., a leader in behavioral health and related services, today announced two new digital cognitive behavioral therapy (DCBT) programs for children and adolescents struggling with anxiety-related symptoms.

Key Points: 
  • FRISCO, Texas, March 5, 2024 /PRNewswire/ -- Magellan Health, Inc. , a leader in behavioral health and related services, today announced two new digital cognitive behavioral therapy (DCBT) programs for children and adolescents struggling with anxiety-related symptoms.
  • These new programs enhance Magellan's existing evidence-based, award-winning Digital Emotional Wellbeing program, powered by NeuroFlow .
  • These tools also extend the capacity of clinicians to care for children in the primary care space," said Caroline Carney, M.D., president of behavioral health and chief medical officer of Magellan Health.
  • "These new programs demonstrate Magellan's commitment to integrating digital tools within the healthcare experience to help members build thriving lives, resilient minds and healthy bodies."

Innerwell expands insurance access to innovative mental health treatment and announces the launch of Innerwell Insights, its AI-driven behavioral coaching platform

Retrieved on: 
Thursday, February 15, 2024

NEW YORK, Feb. 15, 2024 /PRNewswire-PRWeb/ -- Innerwell, a first-of-its-kind mental health platform, has announced its expansion into in-network care with four major insurance partners in California, as well as two insurance partners in New York. This move extends the reach of Innerwell's range of innovative treatments, including traditional psychiatry and talk therapy alongside specialized modalities like ketamine treatment and EMDR.

Key Points: 
  • NEW YORK, Feb. 15, 2024 /PRNewswire-PRWeb/ -- Innerwell , a first-of-its-kind mental health platform, has announced its expansion into in-network care with four major insurance partners in California, as well as two insurance partners in New York.
  • This move extends the reach of Innerwell's range of innovative treatments, including traditional psychiatry and talk therapy alongside specialized modalities like ketamine treatment and EMDR.
  • With millions now eligible for in-network coverage, Innerwell aims to expand access to cutting-edge mental health treatments with these new insurance partnerships.
  • Later this year, the company plans to launch its patient mental health platform 2.0, a revolutionary step utilizing AI to optimize patient outcomes.

Gain Therapeutics’ CEO Matthias Alder Issues Letter to Shareholders and Provides Operational Update

Retrieved on: 
Wednesday, January 31, 2024

In 2023, we advanced GT-02287 through preclinical development and initiated the company’s first clinical trial in September 2023 on time and on plan.

Key Points: 
  • In 2023, we advanced GT-02287 through preclinical development and initiated the company’s first clinical trial in September 2023 on time and on plan.
  • The dose escalation of the SAD phase is underway, and the MAD phase of the study is expected to begin in Q1 2024.
  • In 2023, we made several data presentations of results of our GBA1 program in preclinical models of Parkinson’s disease and Alzheimer’s disease.
  • Xavi is leaving the world of academia as a professor at the University of Barcelona and his part-time engagement with Gain to join a major pharmaceutical company.

inGroup Celebrates Record-Breaking 2023, 8th Anniversary On Historic “Elevate Cruise”

Retrieved on: 
Thursday, January 18, 2024

"Record numbers of passengers cruising and booking and continued growth amongst Partners and Members helped increase revenue by 38% in 2023.

Key Points: 
  • "Record numbers of passengers cruising and booking and continued growth amongst Partners and Members helped increase revenue by 38% in 2023.
  • 2023’s milestones and other achievements are showcased as the company celebrates its 8th Anniversary aboard MSC Virtuosa.
  • “January 16th, 2024, marks our 8th Anniversary, and we are appropriately celebrating while cruising the Persian Gulf with nearly 700 Club Members from 45 different countries,” says Michael Hutchison, Co-Founder and Co-CEO.
  • “We expect inGroup’s recent award will be the first of many,” says Angelo Capurro, Executive Director of MSC Cruises.

PlanHub Promotes Technology Veteran, Sid Nair, as Chief Technology Officer

Retrieved on: 
Wednesday, January 17, 2024

WEST PALM BEACH, Fla., Jan. 17, 2024 /PRNewswire-PRWeb/ -- PlanHub, a leading innovator in preconstruction technology solutions, proudly announces the promotion of Sid Nair as its new Chief Technology Officer (CTO). Sid has been with PlanHub for a year as VP Product, and has demonstrated exceptional leadership, vision, and a deep understanding of PlanHub's commercial landscape. In his new role, Sid will additionally oversee the strategic direction and innovation of PlanHub's technology initiatives.

Key Points: 
  • WEST PALM BEACH, Fla., Jan. 17, 2024 /PRNewswire-PRWeb/ -- PlanHub, a leading innovator in preconstruction technology solutions, proudly announces the promotion of Sid Nair as its new Chief Technology Officer (CTO).
  • Sid has been with PlanHub for a year as VP Product, and has demonstrated exceptional leadership, vision, and a deep understanding of PlanHub's commercial landscape.
  • In his new role, Sid will additionally oversee the strategic direction and innovation of PlanHub's technology initiatives.
  • - Sid Nair
    "The entire PlanHub team is enthusiastic about the expertise and visionary perspectives Sid brings to the company.

Retail Checkout Revolution: Datalogic unveils breakthrough scanners with embedded AI Solutions at NRF 2024

Retrieved on: 
Friday, January 12, 2024

NEW YORK, Jan. 12, 2024 /PRNewswire-PRWeb/ -- Datalogic, the undisputed leader in retail scanning, is pleased to announce its participation at the prestigious National Retail Federation Big Show 2024 in New York City, from January 14th to 16th. At booth 5729, Datalogic will showcase the latest advancements in its Magellan™ 9600i and 9900i portfolio of high throughput, multi-plane retail scanner-scales.

Key Points: 
  • At booth 5729, Datalogic will showcase the latest advancements in its Magellan™ 9600i and 9900i portfolio of high throughput, multi-plane retail scanner-scales.
  • Integrating AI into these scanners provides a more easily deployed and repeatable solution to make adoption of Artificial Intelligence in Retail a much simpler task.
  • Edge processing simplifies the integration complexity and reduces the Total Cost of Ownership (TCO) of AI checkout solutions.
  • Datalogic invites you to join us in shaping the future of retail checkout with state-of-the-art innovations in action.

Datalogic at NRF 2024: Shaping the Future of Retail with Intelligence and Innovation

Retrieved on: 
Tuesday, January 9, 2024

NEW YORK, Jan. 9, 2024 /PRNewswire-PRWeb/ -- Datalogic is set to participate at the National Retail Federation (NRF) Big Show 2024, occupying booth #5729. Join us as we SHAPE the FUTURE of RETAIL with Intelligence and Innovation.

Key Points: 
  • NEW YORK, Jan. 9, 2024 /PRNewswire-PRWeb/ -- Datalogic is set to participate at the National Retail Federation (NRF) Big Show 2024, occupying booth #5729.
  • Join us as we SHAPE the FUTURE of RETAIL with Intelligence and Innovation.
  • At NRF 2024, Datalogic will once again have an extensive display of products, solutions, and technology, covering every facet of retail.
  • Datalogic provides end-to-end solutions for the retail industry, whether in-store, for e-commerce, self-checkout, retail logistics, and much more.

Talkspace Announces Appointment of Two New Independent Directors

Retrieved on: 
Tuesday, December 5, 2023

NEW YORK, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Talkspace, Inc. (NASDAQ:TALK) today announced the appointment of Swati Abbott and Liat Ben-Zur to its board of directors as new, independent directors, effective December 1, 2023.

Key Points: 
  • NEW YORK, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Talkspace, Inc. (NASDAQ:TALK) today announced the appointment of Swati Abbott and Liat Ben-Zur to its board of directors as new, independent directors, effective December 1, 2023.
  • Abbott and Ben-Zur, the board has expanded from seven to nine members, seven of whom are independent.
  • “We are excited and honored to welcome Ms. Ben-Zur and Ms. Abbott, two accomplished and seasoned business leaders, to our distinguished board of directors,” said Douglas Braunstein, chairman of the board.
  • “They each bring unique experience and perspective that will complement the skills and experience of the current board.

Global Partners LP Completes Acquisition of 25 Liquid Energy Terminals from Motiva Enterprises LLC

Retrieved on: 
Thursday, December 21, 2023

Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today announced the completion of its previously announced acquisition of 25 liquid energy terminals from Motiva Enterprises LLC (“Motiva”).

Key Points: 
  • Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today announced the completion of its previously announced acquisition of 25 liquid energy terminals from Motiva Enterprises LLC (“Motiva”).
  • The transaction is underpinned by a 25-year take-or-pay throughput agreement with Motiva, the anchor tenant at the terminals, that includes minimum annual revenue commitments.
  • “This acquisition nearly doubles our operating footprint, giving Global a significant position from Maine to Florida and into the Gulf Coast,” said Eric Slifka, the Partnership’s President and Chief Executive Officer.
  • The new assets expand access to a critical network of marine loading facilities as well as the Colonial, Plantation, Enterprise, Explorer and Magellan refined product pipelines.