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News
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COMMUNIQUÉ DE PRESSE
Court of Appeals for the Federal Circuit Hears Oral Arguments on Patent Dispute
Bausch Health Companies Inc. and its gastroenterology business Salix Pharmaceuticals presented oral arguments at the U.S. Court of Appeals for the Federal Circuit regarding the matter of Salix Pharmaceuticals, LTD et al v. Norwich Pharmaceuticals, Inc. No ruling was issued following the oral arguments. The company continues to advocate for the safety of patients benefiting from XIFAXAN® (rifaximin) 550 mg tablets, indicated for hepatic encephalopathy recurrence and irritable bowel syndrome with diarrhea. Salix Pharmaceuticals focuses on the prevention and treatment of gastrointestinal diseases for over 30 years and markets its products to U.S. health care providers. On the other hand, Bausch Health Companies Inc. is a global diversified pharmaceutical company with a mission to improve people's lives through various health care products, primarily in gastroenterology, hepatology, neurology, dermatology, international pharmaceuticals, and eye health. The news release contains forward-looking statements about Bausch Health's future performance and the appeal with respect to intellectual property. The actual results are subject to certain risks and uncertainties. For more information, visit www.bauschhealth.com and connect with them on Twitter and LinkedIn. -
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Smart IMS Strengthens Executive Team, Insurtech Leader Anil Chitale Appointed as Managing Director
Smart IMS, a leading technology service and solutions provider, has appointed Anil Chitale as the Managing Director. With over 35 years of experience in the U.S. Insurance industry, Anil's addition to the executive team is expected to further strengthen the company's offerings in the Insurance space. The company aims to leverage Anil's expertise to enhance its business growth and provide world-class technology solutions to its clients in the fast-changing technology and regulatory environment. Smart IMS is headquartered in Plainsboro, New Jersey and offers a wide range of global technology solutions including Application & Infrastructure Management services, Unified Communications, and Life Sciences and Insurance services. -
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Guanajuato Silver Arranges Debt Settlement
Guanajuato Silver Company Ltd. has announced a debt settlement arrangement to settle outstanding liabilities with the issuance of common shares. The settlement includes the issuance of shares to suppliers and senior management, with the intention of relying on exemptions from certain requirements. The company's material change report will be filed in connection with this announcement, and the debt settlement is subject to TSX-V acceptance and statutory hold period. Guanajuato Silver is a growing precious metals producer in Mexico, and the news release contains forward-looking statements and information. -
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Vicinity Motor Corp. Issues DSUs
Vicinity Motor Corp. has announced the granting of Deferred Share Units (DSUs) in connection with Directors Remuneration for the fourth quarter of 2023. Certain Eligible Directors have requested that their respective director's remuneration for the calendar year 2023 be paid in DSUs. Vicinity Motor Corp. is a North American supplier of electric vehicles for both public and commercial enterprise use, leveraging a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, as well as the VMC 1200 electric truck to the transit and industrial markets. -
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Jaguar Health Announces New Employee Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Jaguar Health, Inc. (NASDAQ:JAGX) granted 7,500 restricted stock units (RSUs) to a new employee, with vesting over three years. The RSUs were approved by the Compensation Committee of Jaguar's Board and are subject to the employee's continued service. Jaguar Health is a pharmaceutical company focused on developing prescription medicines derived from plants for gastrointestinal distress. -
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Veritas Prime, LLC Announces Headquarters Relocation to Orlando, FL
Veritas Prime, LLC, a leading provider of HR Technology Services and Software, is relocating its headquarters from Portland, ME, to Orlando, FL. The strategic move will enhance operational efficiency and service delivery for its clients. The new Orlando office will serve as the primary hub for Veritas Prime's Payroll Services Team and Contact Center, reflecting the company's commitment to growth and innovation. The headquarters relocation also aims to tap into local talent pools and leverage the dynamic business ecosystem in the region. For more information, contact Nick Begin, Partner at Veritas Prime, LLC. -
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Kept Companies Acquires Giant Enterprises
Kept Companies, a leading facility maintenance provider, has expanded its services by acquiring Giant Enterprises, Inc. This strategic acquisition allows Kept Companies to offer chute management, installation, cleaning, and maintenance services, in addition to their existing facility maintenance services. The acquisition reinforces Kept's commitment to high-quality, sustainable facility maintenance and its dedication to innovation and versatility. For more information about Kept Companies and their comprehensive suite of facility maintenance services, visit www.keptcompanies.com. -
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Point2Point Changing the Way Ship Happens(TM) Once Again
Point2Point Global has announced the acquisition of U.S.-based e-commerce and logistics company Level 4 Logistics LLC, further strengthening its logistics and technology capabilities within North America. The move aligns with the growing international online retail demand, and the acquisition aims to enhance Point2Point's suite of services to meet the needs of global eRetailers. As e-commerce market expansion continues, the strategic acquisition emphasizes Point2Point's commitment to investing in people, technology, and solutions to help online merchants reach global consumers. The acquisition also marks the appointment of Level 4 Logistics President Michael Masengarb as Chief Revenue Officer, bringing over 30 years of expertise in direct-to-consumer logistics to the Point2Point team. With the addition of industry experts in e-commerce logistics, Point2Point aims to contribute to the significant e-commerce market expansion. For more information, visit newswire.com. -
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CDS Global Expands Partnership With AdvantageCS
CDS Global, a leading provider of subscription management and payment solutions, is expanding its partnership with AdvantageCS to include its U.S. business base. The integration of AdvantageCS software will provide a modern system for managing various product types, enabling CDS Global to offer enhanced services to its clients across different industries. For more information or to schedule a demo, visit www.cds-global.com.
