NC

Royalty Pharma Announces Pricing of $1.5 Billion of Senior Unsecured Notes

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星期一, 六月 3, 2024
Morgan Stanley, Attention, Telephone, Varick Street, Prospectus, Citigroup, BofA Securities, J. P. Morgan, Sale, Vanderbilt Avenue, Security (finance), TD Securities, U.S. Bancorp, Broadridge Financial Solutions, Storey, TEL

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) announced today that it has priced an offering of $1.5 billion of senior unsecured notes, comprised of the following (collectively, the “Notes”):

Key Points: 
  • NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) announced today that it has priced an offering of $1.5 billion of senior unsecured notes, comprised of the following (collectively, the “Notes”):
    The Notes will be guaranteed on a senior unsecured basis by Royalty Pharma Holdings Ltd.
  • The offering is expected to close on June 10, 2024, subject to the satisfaction of customary closing conditions.
  • Royalty Pharma intends to use the net proceeds from the Notes for general corporate purposes.
  • The Notes are being offered pursuant to an effective shelf registration statement that the Company filed with the Securities and Exchange Commission (the “SEC”).

Ingersoll Rand Closes on ILC Dover and Announces Acquisition of Three Additional Companies

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星期一, 六月 3, 2024
Food, Ingersoll Rand, ILC Dover, Natural gas, Compressed air, Atmosphere of Earth, Science, Acquisition, CAPS, IT&S, Partnership, ILC

The acquisition will complement Ingersoll Rand’s portfolio of mission critical, high margin pumping solutions across life science, food and beverage, medical, natural gas, and wastewater treatment industries.

Key Points: 
  • The acquisition will complement Ingersoll Rand’s portfolio of mission critical, high margin pumping solutions across life science, food and beverage, medical, natural gas, and wastewater treatment industries.
  • The acquisition is expected to expand the CAPS portfolio to include additional Ingersoll Rand products, which will provide greater expertise and choice for customers.
  • “I remain energized by Ingersoll Rand’s growth trajectory,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand.
  • “These acquisitions demonstrate our continued commitment to our inorganic growth strategy and ability to execute on our acquisition pipeline.”

FG Communities Acquires Manufactured Housing Community in Brevard, North Carolina

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星期一, 六月 3, 2024
Acquisition, Housing, Biltmore Estate

MOORESVILLE, N.C., June 03, 2024 (GLOBE NEWSWIRE) -- FG Communities, whose mission is to preserve and improve affordable housing by acquiring and operating manufactured housing communities, is excited to announce the acquisition of a manufactured housing community in Brevard, North Carolina.

Key Points: 
  • MOORESVILLE, N.C., June 03, 2024 (GLOBE NEWSWIRE) -- FG Communities, whose mission is to preserve and improve affordable housing by acquiring and operating manufactured housing communities, is excited to announce the acquisition of a manufactured housing community in Brevard, North Carolina.
  • Brevard is a frequented tourist destination and is known as the “North Carolina Land of Waterfalls” with approximately 250 waterfalls within a short drive.
  • The Brevard manufactured housing community, along with our other communities in the area, offers an affordable housing option that is needed in the area and welcomed by our residents.
  • Michael Anise, CEO of FG Communities, commented, “The Brevard community is an attractive acquisition for our portfolio.

AvidXchange to Participate in Upcoming Investor Conferences

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星期一, 六月 3, 2024
Morgan Stanley, BMO, Payment, AP, Conference, Cryptocurrency

The presentation is scheduled to begin at 12:15 PM ET.

Key Points: 
  • The presentation is scheduled to begin at 12:15 PM ET.
  • Morgan Stanley US Financials, Payments & CRE Conference on Monday, June 10, 2024.
  • A live webcast of the presentation at the Morgan Stanley conference will be available on the Events page of the AvidXchange investor relations website at https://ir.avidxchange.com/.
  • Replays of the Morgan Stanley and BMO webcasts will also be available for a limited time.

Brightspeed Offers New 2-Gig Service, Doubling Fiber Internet Speed

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星期一, 六月 3, 2024
Internet, HD, Engineering, Modem, Data-rate units, Digital divide, Wi-Fi 6, Learning, Communications satellite

The 2-gig service launched in select markets in May and is now available to most customers on the Brightspeed Fiber Internet network, spanning more than 1 million locations across the company’s footprint.

Key Points: 
  • The 2-gig service launched in select markets in May and is now available to most customers on the Brightspeed Fiber Internet network, spanning more than 1 million locations across the company’s footprint.
  • Brightspeed uses Wi-Fi 6 mesh coupled with the company’s sophisticated software to ensure connectivity on each capable device within the home or business.
  • “We are committed to deploying a super-fast, reliable internet experience as efficiently as possible,” said Brightspeed’s Chief Operations Officer Manny Sampedro.
  • Additionally, Brightspeed is pursuing state and federal broadband grant funding to augment its current fiber network build plan to help close the digital divide across its footprint.

District Court Issues Favorable Ruling and Denies United Therapeutics’ Request to Block YUTREPIA™ Launch

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星期一, 六月 3, 2024
NDA, Patent, New Drug Application, District court, Pulmonary hypertension, United Therapeutics, Motion, UTHR, Federal, Food, FDA, PAH, Supreme court

The ruling reinforces the clear path for the U.S. Food and Drug Administration (FDA) to issue a final decision on the amended New Drug Application (NDA) for YUTREPIA.

Key Points: 
  • The ruling reinforces the clear path for the U.S. Food and Drug Administration (FDA) to issue a final decision on the amended New Drug Application (NDA) for YUTREPIA.
  • 23-975) filed by UTHR in September 2023 in which it has alleged YUTREPIA would infringe U.S. Patent No.
  • UTHR has stated that it plans to appeal the Federal Circuit’s affirmation of the invalidity of the ‘793 Patent to the United States Supreme Court.
  • Separately, UTHR has also appealed Judge Andrews’ ruling to set aside an injunction that he had previously issued blocking the launch of YUTREPIA based solely on the ‘793 Patent.

Scorpius Holdings and Beyond Imagination Announce Trailblazing Partnership to Utilize Autonomous AI-Powered Humanoid Robots for American Biomanufacturing

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星期一, 六月 3, 2024
Hive, Knowledge, Patient, Brain, Heart, Futurist, Environment, Imagination, Robotics, CDMO, Hive mind, AI, Annual report, Pandemic, Invention, Learning, Partnership, Growth, Simply Deep, Medical device

DURHAM, N.C., June 03, 2024 (GLOBE NEWSWIRE) -- Scorpius Holdings, Inc (NYSE American: SCPX) (‘Scorpius” or “the Company”), an integrated contract development and manufacturing organization (“CDMO”), today announced a groundbreaking strategic partnership with Beyond Imagination, Inc. (“Beyond”), a US-based developer of autonomous AI-powered humanoid robots. The goal of the collaboration is to introduce advanced AI robotics to enhance biomanufacturing productivity and efficiency, as well as bolster US preparedness for pandemics and other crises.

Key Points: 
  • The partnership aims to address the significant challenges posed by the increased demand for rapid-scale biomanufacturing and the limited supply of skilled labor.
  • We are excited to work closely with the Scorpius team to improve biomanufacturing production for the benefit of customers and ultimately patients.
  • We look forward to working with Beyond to leverage their autonomous humanoids into the future of biomanufacturing.”
    Beyond Imagination is a trailblazer in the development of AI-based autonomous humanoid robots.
  • With an experienced team and new, purpose-built U.S. facilities, Scorpius is dedicated to transparent collaboration and flexible, high-quality biologics biomanufacturing.

Fortrea to Present at the Jefferies Global Healthcare Conference

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星期一, 六月 3, 2024
Conference

DURHAM, N.C., June 03, 2024 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE), a leading global contract research organization (CRO), today announced that Chairman and Chief Executive Officer, Tom Pike and Chief Financial Officer, Jill McConnell will present at the Jefferies Global Healthcare Conference on Wednesday, June 5, 2024 at 11:00 am ET.

Key Points: 
  • DURHAM, N.C., June 03, 2024 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE), a leading global contract research organization (CRO), today announced that Chairman and Chief Executive Officer, Tom Pike and Chief Financial Officer, Jill McConnell will present at the Jefferies Global Healthcare Conference on Wednesday, June 5, 2024 at 11:00 am ET.
  • The live webcast will be available to investors and other interested parties by accessing the Fortrea Investor Relations website .
  • A webcast replay will be available after the conclusion of the event.

Live Oak Bank Announces First Embedded Banking Partnership with Anatomy Financial, Inc.

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星期一, 六月 3, 2024
Record, Software, Live Oak Bank, Partnership, Small business, Insurance, Nursing

WILMINGTON, N.C., June 03, 2024 (GLOBE NEWSWIRE) -- Live Oak Bank has announced its first embedded banking partnership with Anatomy Financial Inc., an AI-powered financial automation solution for medical, dental, digital health, and healthcare billing companies.

Key Points: 
  • WILMINGTON, N.C., June 03, 2024 (GLOBE NEWSWIRE) -- Live Oak Bank has announced its first embedded banking partnership with Anatomy Financial Inc., an AI-powered financial automation solution for medical, dental, digital health, and healthcare billing companies.
  • Live Oak’s novel approach is the first of its kind, enabling software companies such as Anatomy to directly deliver Live Oak banking products and services to customers.
  • While these accounts are held at and serviced by Live Oak Bank, the product is exclusively available for customers on the Anatomy platform.
  • “Anatomy Financial is the only company providing a complete financial operating system for healthcare businesses,” said Live Oak’s Head of Embedded Banking Jake Tupa.

The Top Five Cyber Threats Impacting Every Industry (And How To Avoid Them)

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星期一, 六月 3, 2024
Cloud, Machine learning, Artificial intelligence, Government, Health care, Cloud computing, Safety, Automation, IC3, Internet, Education, Culture, Health, FBI, Workforce, Risk, AI, Organization, Data analysis, Algorithm, Security, Software, Telecommunications, IBM, Rest, Certification, Risk management

INE Security, a leading global cybersecurity training and certification provider, has identified five of the biggest threats impacting all major industries – data breaches, ransomware attacks, insider threats, cloud security vulnerabilities, and AI and machine learning threats.

Key Points: 
  • INE Security, a leading global cybersecurity training and certification provider, has identified five of the biggest threats impacting all major industries – data breaches, ransomware attacks, insider threats, cloud security vulnerabilities, and AI and machine learning threats.
  • Dara Warn, CEO of INE Security, emphasizes, “The rapid evolution of cyber threats requires an equally agile approach to cybersecurity training.
  • There is no shortage of data proving that threats are increasing, while, at the same time, organizational budgets are tightening.
  • Training and education are the most effective tools in an organization's arsenal to combat these threats.