FNM

Biotech Sector Working Fast to Combat Alzheimer's Disease Cases That are Set to Explode

Retrieved on: 
Wednesday, March 15, 2023

VANCOUVER, B.C., March 15, 2023 /PRNewswire/ -- March 15, 2023 - USA News Group - According to a 2022 study of more than 6 million patients 65 and older, the risk factor for developing Alzheimer's disease increases by 50-80% in older adults who caught COVID-19. With Statista stating nearly 11.5 million COVID-19 cases of people over 65 years old as of November 23, 2022, and the Alzheimer's Association forecasting global dementia cases to triple by 2050, society is about to get hit with a tsunami of this devastating disease. Thankfully the biotech sector is working diligently to try and combat this coming onslaught of Alzheimer's and dementia, through new diagnostic methods and treatments, including work from companies such as Marvel Biosciences Corp. (TSXV:MRVL), Biogen Inc. (NASDAQ:BIIB), Prothena Corporation plc (NASDAQ:PRTA), Intra-Cellular Therapies (NASDAQ:ITCI), and Roche Holding AG (OTC:RHHBY).

Key Points: 
  • In the case of Marvel Biosciences Corp. (TSXV:MRVL), the biotech company is moving forward with its lead asset MB-204 in targeting Alzheimer's and depression .
  • MB-204 is a novel fluorinated derivative of Istradefylline, the only clinically approved adenosine A2a receptor antagonist used for the treatment of Parkinson's disease.
  • Caffeine consumption has been associated with a reduced risk for developing Parkinson's disease, Alzheimer's disease and improving mood and concentration.
  • MB-204 will be highly disruptive to the existing market and, we believe, will be a welcomed therapy for patients who suffer from Alzheimer's Disease and Depression.

Plant-Based Food Ingredients Market Size Is Estimated To Reach $12.3 Billion By 2030

Retrieved on: 
Wednesday, March 8, 2023

PALM BEACH, FL, March 8, 2023 /PRNewswire/ -- Unlike many markets, the outbreak of the pandemic has positively affected the global plant-based food ingredients market, owing to rise in health consciousness, especially among people after COVID-19. People are dynamically changing their preferences from conventional food to organic, Plant-based and clean label foods & beverages products. Plant-based food ingredients are extracted from fruits, vegetables, plant roots and other parts of the plant. It is majorly used in a certified Plant-based food & beverages. Food ingredients are any substances that can be added to get a desired effect in foods & beverages. It is added to food to impart specific functional qualities such as sweeteners, which are added to get desired sweetness and preservatives to retard spoilage, whether from microbial growth or undesirable chemical changes. Rise in adoption for vegan culture, growing health conscious among people and increase in concerns for animal welfare are some of the major attributes influencing demand for Plant-based foods. This propels growth of the Plant-based food ingredients market.  A report from Allied market Research projected that the Plant-based food ingredients market size was valued at $2,895.6 million in 2020, and is estimated to reach $12,341.4 million by 2030, registering a CAGR of 15.3% from 2021 to 2030.   Active Companies in the markets today include Nepra Foods Inc. (OTCPK: NPRFF) (CSE: NPRA), Tattooed Chef, Inc. (NASDAQ: TTCF), Beyond Meat, Inc. (NASDAQ: BYND), Oatly Group AB (NASDAQ: OTLY), ELSE NUTRITION HOLDINGS INC. (OTCQX: BABYF) (TSX: BABY).

Key Points: 
  • This propels growth of the Plant-based food ingredients market.
  • A report from Allied market Research projected that the Plant-based food ingredients market size was valued at $2,895.6 million in 2020, and is estimated to reach $12,341.4 million by 2030, registering a CAGR of 15.3% from 2021 to 2030.
  • The Allied market Research report said: "According to the plant-based food ingredients market trend, on the basis of type, the emulsifiers segment was the highest contributor to the market, with $738.4 million in 2020, and is estimated to reach $2,305.0 million by 2030, at a CAGR of 11.8% during the forecast period.
  • According to the Plant-based food ingredients market opportunities, Region wise, North America garnered a considerable share in the market… and is expected to maintain its share throughout the plant-based food ingredients market forecast period."

Plant-Based Food Ingredients Market Size Is Estimated To Reach $12.3 Billion By 2030

Retrieved on: 
Wednesday, March 8, 2023

PALM BEACH, FL, March 8, 2023 /PRNewswire/ -- Unlike many markets, the outbreak of the pandemic has positively affected the global plant-based food ingredients market, owing to rise in health consciousness, especially among people after COVID-19. People are dynamically changing their preferences from conventional food to organic, Plant-based and clean label foods & beverages products. Plant-based food ingredients are extracted from fruits, vegetables, plant roots and other parts of the plant. It is majorly used in a certified Plant-based food & beverages. Food ingredients are any substances that can be added to get a desired effect in foods & beverages. It is added to food to impart specific functional qualities such as sweeteners, which are added to get desired sweetness and preservatives to retard spoilage, whether from microbial growth or undesirable chemical changes. Rise in adoption for vegan culture, growing health conscious among people and increase in concerns for animal welfare are some of the major attributes influencing demand for Plant-based foods. This propels growth of the Plant-based food ingredients market.  A report from Allied market Research projected that the Plant-based food ingredients market size was valued at $2,895.6 million in 2020, and is estimated to reach $12,341.4 million by 2030, registering a CAGR of 15.3% from 2021 to 2030.   Active Companies in the markets today include Nepra Foods Inc. (OTCPK: NPRFF) (CSE: NPRA), Tattooed Chef, Inc. (NASDAQ: TTCF), Beyond Meat, Inc. (NASDAQ: BYND), Oatly Group AB (NASDAQ: OTLY), ELSE NUTRITION HOLDINGS INC. (OTCQX: BABYF) (TSX: BABY).

Key Points: 
  • This propels growth of the Plant-based food ingredients market.
  • A report from Allied market Research projected that the Plant-based food ingredients market size was valued at $2,895.6 million in 2020, and is estimated to reach $12,341.4 million by 2030, registering a CAGR of 15.3% from 2021 to 2030.
  • The Allied market Research report said: "According to the plant-based food ingredients market trend, on the basis of type, the emulsifiers segment was the highest contributor to the market, with $738.4 million in 2020, and is estimated to reach $2,305.0 million by 2030, at a CAGR of 11.8% during the forecast period.
  • According to the Plant-based food ingredients market opportunities, Region wise, North America garnered a considerable share in the market… and is expected to maintain its share throughout the plant-based food ingredients market forecast period."

Drone Technology Usages Are Expanding as a Rapid Pace for Military Applications & Purposes

Retrieved on: 
Tuesday, February 28, 2023

PALM BEACH, Fla., Feb. 28, 2023 /PRNewswire/ -- Drones have become ubiquitous around the world and in a multitude for markets. Consumer, government and especially in the military market. Military drone refers to unmanned aerial vehicles that are specifically used for military purposes such as border surveillance, battle damage management, combat operations, communication, delivery, and anti-terrorism weaponry. The main types of military drones are fixed-wing, rotary-wing, and hybrid. A fixed-wing drone is a plane that doesn't have a human pilot on board. Fixed-wing UAVs can be commanded remotely by a human or autonomously by onboard systems. The different types of drones include MALE, HALE, TUAV, UCAV, SUAV and involve various technologies such as remotely operated, semi-autonomous, autonomous. It is used in search and rescue, national defense, military exercises, and others. A recent report from The Business Research Company projected that the global military drones market size will grow from $14.54 billion in 2022 to $15.88 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. They added that the global military drones market size is expected to grow to $20.64 billion in 2027 at a CAGR of 6.8%. Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Teledyne Technologies Incorporated (NYSE: TDY), AeroVironment, Inc. (NASDAQ: AVAV), Honeywell (NASDAQ: HON), Lockheed Martin (NYSE: LMT).

Key Points: 
  • Military drone refers to unmanned aerial vehicles that are specifically used for military purposes such as border surveillance, battle damage management, combat operations, communication, delivery, and anti-terrorism weaponry.
  • The report said: "Drone swarm technology is growing in popularity in the military drone market due to its cost efficiency and high firepower.
  • Drone swarm technology involves the production of several small, cheap drones rather than one large, expensive drone, therefore offering military drone manufacturers and end-users efficiency in terms of cost and time.
  • "Drone technology is revolutionizing the way military and civilian organizations gather information about their operating environment," Cameron Chell, CEO of Draganfly.

Drone Technology Usages Are Expanding as a Rapid Pace for Military Applications & Purposes

Retrieved on: 
Tuesday, February 28, 2023

PALM BEACH, Fla., Feb. 28, 2023 /PRNewswire/ -- Drones have become ubiquitous around the world and in a multitude for markets. Consumer, government and especially in the military market. Military drone refers to unmanned aerial vehicles that are specifically used for military purposes such as border surveillance, battle damage management, combat operations, communication, delivery, and anti-terrorism weaponry. The main types of military drones are fixed-wing, rotary-wing, and hybrid. A fixed-wing drone is a plane that doesn't have a human pilot on board. Fixed-wing UAVs can be commanded remotely by a human or autonomously by onboard systems. The different types of drones include MALE, HALE, TUAV, UCAV, SUAV and involve various technologies such as remotely operated, semi-autonomous, autonomous. It is used in search and rescue, national defense, military exercises, and others. A recent report from The Business Research Company projected that the global military drones market size will grow from $14.54 billion in 2022 to $15.88 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. They added that the global military drones market size is expected to grow to $20.64 billion in 2027 at a CAGR of 6.8%. Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Teledyne Technologies Incorporated (NYSE: TDY), AeroVironment, Inc. (NASDAQ: AVAV), Honeywell (NASDAQ: HON), Lockheed Martin (NYSE: LMT).

Key Points: 
  • Military drone refers to unmanned aerial vehicles that are specifically used for military purposes such as border surveillance, battle damage management, combat operations, communication, delivery, and anti-terrorism weaponry.
  • The report said: "Drone swarm technology is growing in popularity in the military drone market due to its cost efficiency and high firepower.
  • Drone swarm technology involves the production of several small, cheap drones rather than one large, expensive drone, therefore offering military drone manufacturers and end-users efficiency in terms of cost and time.
  • "Drone technology is revolutionizing the way military and civilian organizations gather information about their operating environment," Cameron Chell, CEO of Draganfly.

Residential Developers Market Size Expected To Reach Or Exceed $200 Billion In 2023

Retrieved on: 
Thursday, February 23, 2023

PALM BEACH, Fla., Feb. 23, 2023 /PRNewswire/ -- Like many industries and markets, the residential real estate market was adversely affected by the pandemic. However, despite this disruption, the housing market is resilient with increasing homeownership in this sector. Industry reports actually see a rise in revenues through 2028. One such report from IBISWorld projects that the Housing Developers market size, measured by revenue, of the Housing Developers industry is expected to reach or exceed $202.7bn in 2023. It added that: "A rising homeownership rate indicates growing consumer preference toward purchasing property rather than renting, increasing demand and industry revenue. The homeownership rate will increase in 2023, representing a potential opportunity for the industry. The residential real estate market in the United States is expected to register a CAGR of over 5.77% during the forecast period. Furthermore, the COVID-19 impact was severe on the market. Despite the pandemic crisis, residential real estate in the country is in the recovery phase, as the sales in the country quickly bounced back to pre-pandemic levels." Another report from Mordor Intelligence added: "Since the start of the COVID-19 pandemic, the property market in the United States has been thriving. Many purchasers took advantage of the low-interest rates to restructure their mortgages, relocate, or take a step toward the American Dream by purchasing their first home. Owing to this, the number of home sales increased sharply…and has since stayed higher than before the pandemic. Prior to the pandemic, home prices had been on the rise, but with demand at an all-time high in 2020, the Freddie Mac House Price Index recorded a startling 11.3% increase." Active companies in the markets this week include Lennar Corporation (NYSE: LEN), Toll Brothers, Inc. (NYSE: TOL), International Land Alliance, Inc. (OTCQB: ILAL), KB Home (NYSE: KBH), PulteGroup, Inc. (NYSE: PHM).

Key Points: 
  • PALM BEACH, Fla., Feb. 23, 2023 /PRNewswire/ -- Like many industries and markets, the residential real estate market was adversely affected by the pandemic.
  • One such report from IBISWorld projects that the Housing Developers market size, measured by revenue, of the Housing Developers industry is expected to reach or exceed $202.7bn in 2023.
  • The residential real estate market in the United States is expected to register a CAGR of over 5.77% during the forecast period.
  • Another report from Mordor Intelligence added: "Since the start of the COVID-19 pandemic, the property market in the United States has been thriving.

Residential Developers Market Size Expected To Reach Or Exceed $200 Billion In 2023

Retrieved on: 
Thursday, February 23, 2023

PALM BEACH, Fla., Feb. 23, 2023 /PRNewswire/ -- Like many industries and markets, the residential real estate market was adversely affected by the pandemic. However, despite this disruption, the housing market is resilient with increasing homeownership in this sector. Industry reports actually see a rise in revenues through 2028. One such report from IBISWorld projects that the Housing Developers market size, measured by revenue, of the Housing Developers industry is expected to reach or exceed $202.7bn in 2023. It added that: "A rising homeownership rate indicates growing consumer preference toward purchasing property rather than renting, increasing demand and industry revenue. The homeownership rate will increase in 2023, representing a potential opportunity for the industry. The residential real estate market in the United States is expected to register a CAGR of over 5.77% during the forecast period. Furthermore, the COVID-19 impact was severe on the market. Despite the pandemic crisis, residential real estate in the country is in the recovery phase, as the sales in the country quickly bounced back to pre-pandemic levels." Another report from Mordor Intelligence added: "Since the start of the COVID-19 pandemic, the property market in the United States has been thriving. Many purchasers took advantage of the low-interest rates to restructure their mortgages, relocate, or take a step toward the American Dream by purchasing their first home. Owing to this, the number of home sales increased sharply…and has since stayed higher than before the pandemic. Prior to the pandemic, home prices had been on the rise, but with demand at an all-time high in 2020, the Freddie Mac House Price Index recorded a startling 11.3% increase." Active companies in the markets this week include Lennar Corporation (NYSE: LEN), Toll Brothers, Inc. (NYSE: TOL), International Land Alliance, Inc. (OTCQB: ILAL), KB Home (NYSE: KBH), PulteGroup, Inc. (NYSE: PHM).

Key Points: 
  • PALM BEACH, Fla., Feb. 23, 2023 /PRNewswire/ -- Like many industries and markets, the residential real estate market was adversely affected by the pandemic.
  • One such report from IBISWorld projects that the Housing Developers market size, measured by revenue, of the Housing Developers industry is expected to reach or exceed $202.7bn in 2023.
  • The residential real estate market in the United States is expected to register a CAGR of over 5.77% during the forecast period.
  • Another report from Mordor Intelligence added: "Since the start of the COVID-19 pandemic, the property market in the United States has been thriving.

North America's Lithium Hot Spot Hits Record Results

Retrieved on: 
Thursday, February 23, 2023

LONDON, Feb. 23, 2023 /PRNewswire/ -- With EV sales set to triple by 2026 and auto giants committing tens of billions of dollars in a massive push to boost battery production for American EVs, the race to the finish line for new lithium supplies will help define this space in 2023. Mentioned in today's commentary includes: Lithium Americas Corp. (NYSE: LAC), Turquoise Hill Resources Ltd. (NYSE: TRQ), Teck Resources (NYSE: TECK), Albemarle Corporation (NYSE: ALB), Sociedad Química y Minera de Chile (NYSE: SQM).

Key Points: 
  • Lithium Ionic Corp (LTH) has gained nearly 60% in the same time period, and Lithium Bank Resources Corp (LBNK) is up over 31% .
  • EMP is focused on low-cost, high-impact lithium exploration projects, and the Duperow Formation, where much of the lithium investor attention is now focused, is exactly that.
  • That means that EMP's latest lithium brine test results appear to be of higher concentrations than anything previously recorded by the Canadian government.
  • Under the deal, SQM will supply battery-grade lithium carbonate and lithium hydroxide to LG Energy Solution between 2021 and 2029.

North America's Lithium Hot Spot Hits Record Results

Retrieved on: 
Thursday, February 23, 2023

LONDON, Feb. 23, 2023 /PRNewswire/ -- With EV sales set to triple by 2026 and auto giants committing tens of billions of dollars in a massive push to boost battery production for American EVs, the race to the finish line for new lithium supplies will help define this space in 2023. Mentioned in today's commentary includes: Lithium Americas Corp. (NYSE: LAC), Turquoise Hill Resources Ltd. (NYSE: TRQ), Teck Resources (NYSE: TECK), Albemarle Corporation (NYSE: ALB), Sociedad Química y Minera de Chile (NYSE: SQM).

Key Points: 
  • Lithium Ionic Corp (LTH) has gained nearly 60% in the same time period, and Lithium Bank Resources Corp (LBNK) is up over 31% .
  • EMP is focused on low-cost, high-impact lithium exploration projects, and the Duperow Formation, where much of the lithium investor attention is now focused, is exactly that.
  • That means that EMP's latest lithium brine test results appear to be of higher concentrations than anything previously recorded by the Canadian government.
  • Under the deal, SQM will supply battery-grade lithium carbonate and lithium hydroxide to LG Energy Solution between 2021 and 2029.

Global Cannabis Market Revenue Is Expected To Reach $76 Billion By 2027

Retrieved on: 
Wednesday, February 15, 2023

PALM BEACH, Fla., Feb. 15, 2023 /PRNewswire/ -- The cannabis business is one of those atypical industries that actually flourished because of the pandemic. The global worldwide market has significantly grown in all its segments. A recent report from statista.com projected that: "Revenue in the Cannabis market is projected to reach US$47.20bn in 2023; Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 12.69%, resulting in a market volume of US$76.12bn by 2027; In global comparison, most revenue will be generated in the United States (US$32,870.00m in 2023); and In relation to total population figures, per person revenues of US$332.30 are generated in 2023." The report continued: "The maturity of the Cannabis market varies across the globe mainly due to differing legal environments and public attitudes towards cannabis. Some countries such as Canada and the United States have adopted fully regulated frameworks that allow cultivation, consumption, and retail distribution of various cannabis products. There are other countries that have more limited frameworks that allow the cultivation of cannabis, but have not legalized retail sales (e.g., South Africa). Regulations can also differ regarding how cannabis is used. Some countries allow consumption of products that contain high tetrahydrocannabinol (THC) strictly for medical use, while there are other countries that also permit the consumption of high THC products for recreational use." Active Companies from around the market with current developments this week include: Leafbuyer Technologies, Inc. (OTCQB: LBUY), SNDL Inc. (NASDAQ: SNDL), Tilray Brands, Inc. (NASDAQ: TLRY), Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON).

Key Points: 
  • The global worldwide market has significantly grown in all its segments.
  • The report continued: "The maturity of the Cannabis market varies across the globe mainly due to differing legal environments and public attitudes towards cannabis.
  • The financial data reflects the GAAP revenue booked in the quarter versus the same quarter of the previous year.
  • We have right-sized our business while remaining the #1 Canadian LP in global medical cannabis revenues, and having demonstrated organic quarter over quarter revenue growth across all of our cannabis segments during Q2 2023.