SSW

DMK Pharmaceuticals Reports Third Quarter 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Tuesday, November 14, 2023

SAN DIEGO, Nov. 14, 2023 (GLOBE NEWSWIRE) --  DMK Pharmaceuticals Corporation (NASDAQ: DMK), a commercial stage neuro-biotech company primarily focused on developing and commercializing products to combat the fentanyl and substance use disorder crises, today announced financial results for the third quarter ended September 30, 2023, and provided an update on recent corporate developments.

Key Points: 
  • “The change in the company name to DMK Pharmaceuticals Corporation and the new executive team are the first steps in this process.
  • The DMK research study is designed to evaluate the efficacy of ZIMHI®, intramuscular naloxone, versus the standard of care generic version of NARCAN®, intranasal naloxone.
  • Revenues for the third quarter ending September 30, 2023 were $0.0 million, compared to $1.5 million for the same period in 2022.
  • Research and development (R&D) expense for the third quarter of 2023 was $0.4 million compared to $2.0 million in the third quarter of 2022.

American Industrial Partners Capital Fund VII to Acquire Veoneer's Restraint Control Systems Business

Retrieved on: 
Wednesday, December 6, 2023

The transaction with American Industrial Partners Capital Fund VII ("AIP Fund VII") completes Veoneer's and SSW's strategy of finding the right long-term homes for Veoneer's three original lines of business: Arriver™ Software, now owned by Qualcomm; Active Safety, now owned by Magna International; and Restraint Control Systems, to be acquired by AIP Fund VII.

Key Points: 
  • The transaction with American Industrial Partners Capital Fund VII ("AIP Fund VII") completes Veoneer's and SSW's strategy of finding the right long-term homes for Veoneer's three original lines of business: Arriver™ Software, now owned by Qualcomm; Active Safety, now owned by Magna International; and Restraint Control Systems, to be acquired by AIP Fund VII.
  • AIP invests in industrial businesses with a long track record of partnering with and growing businesses across industrial end markets, including several investments in the automotive sector.
  • The combination of AIP's process for investing behind operational capabilities and Veoneer's industry-leading position, products, and competence in Restraint Control Systems creates a strong platform for long-term, sustainable growth for Veoneer, its customers, products and people.
  • In April 2022, SSW acquired Veoneer in an all-cash transaction representing a total equity value of $4.6 billion.

American Industrial Partners Capital Fund VII to Acquire Veoneer's Restraint Control Systems Business

Retrieved on: 
Wednesday, December 6, 2023

The transaction with American Industrial Partners Capital Fund VII ("AIP Fund VII") completes Veoneer's and SSW's strategy of finding the right long-term homes for Veoneer's three original lines of business: Arriver™ Software, now owned by Qualcomm; Active Safety, now owned by Magna International; and Restraint Control Systems, to be acquired by AIP Fund VII.

Key Points: 
  • The transaction with American Industrial Partners Capital Fund VII ("AIP Fund VII") completes Veoneer's and SSW's strategy of finding the right long-term homes for Veoneer's three original lines of business: Arriver™ Software, now owned by Qualcomm; Active Safety, now owned by Magna International; and Restraint Control Systems, to be acquired by AIP Fund VII.
  • AIP invests in industrial businesses with a long track record of partnering with and growing businesses across industrial end markets, including several investments in the automotive sector.
  • The combination of AIP's process for investing behind operational capabilities and Veoneer's industry-leading position, products, and competence in Restraint Control Systems creates a strong platform for long-term, sustainable growth for Veoneer, its customers, products and people.
  • In April 2022, SSW acquired Veoneer in an all-cash transaction representing a total equity value of $4.6 billion.

HPS and Burcon to Showcase Innovative 95% Hempseed Protein Isolate at SupplySide West

Retrieved on: 
Thursday, October 19, 2023

Stop by the HPS Food & Ingredients booth #1652 to learn more about this functional, high protein powder

Key Points: 
  • SupplySide West is the largest gathering of health and nutrition professionals, buyers and suppliers in the innovative ingredient space.
  • "SupplySide West show is an excellent stage to shine a spotlight on our 95% hempseed protein isolate, emphasizing its exceptional purity and functional qualities," said Kip Underwood, Burcon's chief executive officer.
  • Burcon and HPS are encouraged by the market reception of our novel 95% hempseed protein isolate, which has already garnered significant attention since its debut at IFT FIRST earlier in July.
  • Visit the HPS team at SupplySide West Booth #1652 for more information on our innovative hempseed protein isolate.

Duas Rodas presents exclusive powder extract of Euterpe edulis (Açaí Juçara) with high standardization of anthocyanins, at Supply Side West 2023

Retrieved on: 
Tuesday, October 24, 2023

The extract has a standardization of 6% anthocyanins from the fruit Euterpe edulis, Açaí native and exclusive to the Atlantic Forest.

Key Points: 
  • The extract has a standardization of 6% anthocyanins from the fruit Euterpe edulis, Açaí native and exclusive to the Atlantic Forest.
  • Exclusive on the global market, the powdered extract of the tropical superfruit is mainly applied in supplements for sports nutrition.
  • The ingredient is part of AnthoPowerTM, Duas Rodas' portfolio of Açaí products (Euterpe sp.).
  • Founded in 1925 and operating in more than 40 countries, Duas Rodas offers flavors, botanical extracts and dehydrated ingredients in its portfolio.

COSMAX NBT Showcases Exclusive Materials and Formulations at SSW 2023, Strengthening its Presence in the U.S. Market

Retrieved on: 
Monday, October 23, 2023

Targeting the U.S. market, COSMAX NBT will showcase a diverse range of formulations and exclusive materials at the SSW 2023.

Key Points: 
  • Targeting the U.S. market, COSMAX NBT will showcase a diverse range of formulations and exclusive materials at the SSW 2023.
  • Based on the core materials and formulations developed by its researchers, COSMAX NBT supplies products to over 600 clients in 32 countries.
  • At the upcoming SSW, COSMAX NBT plans to showcase distinctive formulations and proprietary materials that have been in development.
  • Jay Ahn, the head of COSMAX NBT USA, stated, "COSMAX NBT is a world-renowned company for its technological capabilities."

Island Abbey Foods® solidifies its position as a leading North American Gummy manufacturer with an expanded facility, state-of-the-art production line and new identity as Island Abbey Nutritionals™

Retrieved on: 
Thursday, October 19, 2023

To continue the forward momentum, the company has decided to clearly indicate its specialization as a manufacturer of gummy vitamin, mineral and supplement products by changing its name from Island Abbey Foods® to Island Abbey Nutritionals™.

Key Points: 
  • To continue the forward momentum, the company has decided to clearly indicate its specialization as a manufacturer of gummy vitamin, mineral and supplement products by changing its name from Island Abbey Foods® to Island Abbey Nutritionals™.
  • Island Abbey Nutritionals' new manufacturing capabilities were made possible by the installation of top-of-the-line gummy production equipment commissioned from Tanis.
  • The Island Abbey Nutritionals team was closely supported by the Tanis team in all elements of the new line, from R&D to design, installation, and production.
  • Victor Tanis, spokesperson from Tanis said "Island Abbey Nutritionals has recently installed an outstanding confectionery production line in their new facility.

SuanNutra, Inc. Launches in US

Retrieved on: 
Wednesday, October 18, 2023

This strategic move strengthens the company's commitment to the American market and will bring enhanced focus and solutions to customers.

Key Points: 
  • This strategic move strengthens the company's commitment to the American market and will bring enhanced focus and solutions to customers.
  • "With SuanNutra, we are better positioned to meet our customers' needs, offering them access to the finest ingredients and expertise," says Anthony Weston, SuanNutra's CEO.
  • " The company's team will showcase SuanNutra's extensive portfolio of functional and innovative branded Ingredients on October 23 to 27 at SupplySide West, Las Vegas, booth #3053.
  • In the same period, North America stood as the second-largest region for supplement launches, capturing a 32% share of the global market.

Tate & Lyle to Showcase Scientific Expertise and Nutritional Innovations at SupplySide West Conference

Retrieved on: 
Wednesday, October 11, 2023

As a key player in the specialty food ingredients sector, Tate & Lyle is gearing up to unveil an array of exciting developments, reinforcing its commitment to healthier eating, scientific expertise, and sustainability.

Key Points: 
  • As a key player in the specialty food ingredients sector, Tate & Lyle is gearing up to unveil an array of exciting developments, reinforcing its commitment to healthier eating, scientific expertise, and sustainability.
  • Tate & Lyle's presence at the SSW Conference is a testament to the company's dedication to providing innovative ingredient solutions.
  • Tate & Lyle invites industry professionals and media outlets to visit booth #3245 during the SSW Conference to witness firsthand its dedication to taste, health, and sustainability.
  • Take advantage of this opportunity to engage with Tate & Lyle's experts and explore the future of nutrition and innovation.

Juggernaut Mobilizes for Drilling on Midas, Empire and Bingo Properties in Golden Triangle, B.C.

Retrieved on: 
Tuesday, May 23, 2023

The 2023 field program on the 100% controlled Bingo property consists of up to ~1800 m of drilling from 4 drill pads within the Bingo Main zone.

Key Points: 
  • The 2023 field program on the 100% controlled Bingo property consists of up to ~1800 m of drilling from 4 drill pads within the Bingo Main zone.
  • Drilling on the Bingo Main Zone is anticipated to start in August 2023.
  • Bingo contains the same world-class geological units as Goliath Resource's Surebet discovery, including Hazelton Volcanics and related sediments and intrusives.
  • Dan Stuart, President and CEO of Juggernaut Exploration states “We are excited to begin maiden drilling on new targets on all three of our 100% controlled properties, namely Midas, Empire and Bingo.