Business Wire

• TWYMEEG® gross sales in Japan for Sumitomo Pharma Fiscal Year 20231 reached JPY 4.6 billion (EUR 27.9 million)2, exceeding guidance3 by more than 8%
• TWYMEEG®’s FY 2024 forecast4 of JPY 11.3 billion (EUR 69.1 million2) would represent a 150% increase over FY2023 sales
• Exclusive advanced discussions with a leading investor to monetize royalties from sales of TWYMEEG® in Japan
• As of March 31, 2024, cash and cash equivalents were EUR 2.5 million (USD 2.7... (continue reading...)

SEATTLE--(BUSINESS WIRE)-- Expanso, the distributed compute company based in Seattle, Washington, has secured a strategic investment from Samsung Next that signals big ambitions to transform how data is being managed and processed worldwide. Expanso, founded in early 2023 by tech veteran and former Kubernetes Product Lead David Aronchick, announced today that it has closed financing from Samsung Next, the South Korean electronics giant’s venture capital arm. The... (continue reading...)

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QUEBEC CITY--(BUSINESS WIRE)-- Kobo Resources Inc. (“Kobo” or the “Company”) (TSX.V: KRI) intends to complete a non-brokered private placement of up to 12,857,143 units (the “Units”) at a price of $0.35 per Unit for gross proceeds of up to $4.5 million (the... (continue reading...)

DES MOINES, Iowa--(BUSINESS WIRE)-- EcoEngineers (Eco), a consulting, auditing, and advisory firm with an exclusive focus on the energy transition, today announced that it is partnering with XPRIZE to evaluate finalists vying for the $100 million XPRIZE Carbon Removal competition that incentivizes innovation in carbon dioxide removal (CDR). Eco will conduct performance verifications to establish how effectively each project removes and durably stores carbon... (continue reading...)

LONDON--(BUSINESS WIRE)-- AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of FAIR Oil & Energy Insurance Syndicate (the Syndicate) (Bahrain).

The ratings reflect the Syndicate’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk... (continue reading...)