KBP Biosciences Meets Primary Endpoint for BLOCK-CKD Phase 2b Study of KBP-5074 for the Treatment of Uncontrolled Hypertension in Advanced Chronic Kidney Disease Patients

KBP-5074 Achieves 10.1 mmHg reduction in systolic blood pressure (SBP) at 0.5mg dose compared to placebo

Positive diastolic blood pressure (DBP) and Urine Albumin-to-Creatinine Ratio (UACR) Trends

No drug-related treatment-emergent serious adverse events

PRINCETON, N.J., Dec. 07, 2020 (GLOBE NEWSWIRE) — KBP Biosciences Holdings Limited (KBP Biosciences), a global, clinical-stage biopharmaceutical company focused on discovering, developing, and commercializing innovative small-molecule therapeutics for the treatment of serious cardiorenal and infectious diseases with large unmet needs, today announced positive top-line results from its Phase 2b clinical trial (BLOCK-CKD) of its lead product candidate, KBP-5074. KBP-5074 is a potentially best-in-class, next-generation, non-steroidal mineralocorticoid receptor antagonist (MRA) being developed globally to initially treat patients with moderate-to-severe (Stage 3b/4) chronic kidney disease (CKD) and uncontrolled hypertension.

The Phase 2b clinical trial met its primary endpoint, with KBP-5074 demonstrating a clinically and statistically significant improvement in systolic blood pressure (SBP) from baseline to day 84 in Stage 3b/4 CKD patients with uncontrolled hypertension. The 0.5mg KBP-5074 cohort achieved a mean 10.1 mmHg reduction in SBP relative to the placebo cohort (p=0.0029), whereas the 0.25mg KBP-5074 cohort achieved a mean 7.0 mmHg reduction in SBP relative to the placebo cohort (p=0.0399). Importantly, and in contrast to other anti-hypertensive MRA drugs, KBP-5074 did not increase the risk of severe hyperkalemia compared to placebo. This finding is particularly notable given that the study included patients with stage 4 renal failure, who are normally contraindicated for use of MRA drugs.

Further, KBP-5074 demonstrated a clinically meaningful trend in the reduction of urine albumin-to-creatinine ratio (UACR). KBP-5074 also demonstrated a trend in reduction in diastolic blood pressure (DBP) from baseline to day 84 but such reduction was not statistically significant. KBP-5074 was observed to be well-tolerated in patients in the BLOCK-CKD trial with no observed cases of severe hyperkalemia, acute kidney injury or hospitalization due to hyperkalemia.

Dr. George Bakris, M.D., Director of the American Heart Association’s Comprehensive Hypertension Center at the University of Chicago Medical and co-lead investigator on the clinical trial, presented the results from the BLOCK-CKD trial on December 4, 2020 at the 17th Global CVCT Forum in a session titled Hypertension Management in Advanced Chronic Kidney Disease. Results of the BLOCK-CKD Trial.

“We are excited to share the results from the BLOCK-CKD Phase 2b clinical trial of KBP-5074 for the treatment of Stage 3b/4 CKD patients with uncontrolled hypertension,” said Thijs Spoor, Chief Executive Officer of KBP Biosciences.

“These data further validate KBP-5074 as a potentially best-in-class therapy for patients with few, if any, viable options. They provide further evidence that MR antagonism with KBP-5074 can help advanced CKD patients with uncontrolled hypertension without significantly increasing the risk of hyperkalemia”, said Dr. George Bakris, M.D.

“We are extremely grateful to the investigators of the study, as well as the patients and their families for participating in the clinical trial. We look forward to meeting with the FDA in early 2021 to discuss the path forward for KBP-5074, including a Phase 3 clinical trial. With this new data, we are more confident than ever in the potential of KBP-5074,” said Dr. Bertram Pitt, MD Co-PI of the BLOCK-CKD clinical trial.

“We are committed to further advancing its development and bringing this drug to patients in-need,” said Fred Yang, Ph.D., Chief Development Officer of KBP Biosciences.

BLOCK-CKD is a randomized, double-blind, placebo-controlled, global, multi-center Phase 2b trial to assess the efficacy, safety and pharmacokinetics of KBP-5074 in patients with moderate-to-severe CKD with uncontrolled hypertension. The trial enrolled 162 patients with (i) an estimated Glomerular Filtration Rate (eGFR) of 15-44 mL/min/1.73m2, (ii) SBP of 140-179 mmHg, (iii) a current treatment plan of two or more anti-hypertensive therapies; and (iv) a serum-potassium level less than or equal to 4.8 mmol/L at both screening and the end of the placebo run-in period.

Upon completion of a four-week screening period and two-week placebo run-in period, subjects were randomized to receive either placebo, 0.25mg, or 0.5mg doses of KBP-5074 once daily for twelve weeks, or 84 days, which was followed by a four-week post-treatment observation period. The primary endpoint of the trial was the change in trough-cuff seated SBP from baseline to day 84. The secondary endpoints, each from baseline to day 84, were the change in UACR and the change in the trough-cuff seated DBP.

“These top-line results of the BLOCK-CKD trial are promising for the large, global population of CKD patients with uncontrolled hypertension as well as KBP Biosciences,” said Dr. Bakris. “There is an extensive body of clinical data supporting the ability of MRAs to lower blood pressure, but they are contra-indicated in CKD patients due to the high risk of hyperkalemia. That KBP-5074 was able to significantly reduce blood pressure without causing dangerous elevations in potassium is highly encouraging and I look forward to further assessing its potential in the Phase 3 trial.”

About KBP Biosciences

KBP Biosciences is a global, clinical-stage biopharmaceutical company focused on discovering, developing, and commercializing innovative small-molecule therapeutics for the treatment of serious cardiorenal and infectious diseases with large unmet needs. Headquartered in Princeton, NJ, KBP Biosciences principally devotes its resources to major organ protection and anti-infectives therapeutic areas.

KBP Biosciences’ lead product candidate, KBP-5074, is a potentially best-in-class, next-generation, non-steroidal MRA discovered and developed by KBP’s scientists, is being developed globally to initially treat Stage 3b/4, or moderate-to-severe, CKD patients with uncontrolled hypertension. KBP Biosciences second product candidate, KBP-7072, a potentially best-in-class, potent, broad spectrum aminomethylcycline, is being developed as an anti-infective for Gram-positive, Gram-negative and anaerobic bacteria, including multi-drug resistant pathogens.

KBP Biosciences has built a proprietary small-molecule drug discovery platform to advance its pipeline of product candidates. The platform includes state-of-the-art processes for novel drug compound identification, high-volume screening and optimization, along with our substantial library of over 3,000,000 diverse chemical entities and more than 30,000 bacterial isolates to identify and select potential compounds. With its discovery platform, KBP Biosciences is able to generate a multitude of drug compounds and quickly identify the most promising differentiated and potent product candidates.

Contacts:

Investors:

Tyler Ehler
Investor Relations
[email protected]
+1 (929) 288-9573

Lee Roth
Burns McClellan
[email protected]
+1 (212) 300-8331

Media:

Ryo Imai / Robert Flamm, Ph.D.
Burns McClellan
[email protected] / [email protected]
+1 (212) 300-8315 / +1 (212) 300-8364

 



RevoluGROUP Canada Inc. Granted Canadian FINTRAC License

VANCOUVER, British Columbia, Dec. 07, 2020 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt:IJA2) (the “Company”) is pleased to announce that The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has granted the Company with the Canadian FINTRAC license M20352455 on the 4th of December 2020.

The Broader Ramifications of The Canadian
FINTRAC
License

The granting of the Canadian FINTRAC license represents a major corporate milestone. Bringing the RevoluPAY app’s banking technology home to Canada has been the management’s goal from the outset. The national dialogue surrounding Open Banking is at a fever pitch across Canada. While the several U.K. domiciled Neobanks are vying for access into the nascent app-based digital banking space, to managements knowledge, RevoluGROUP is the only Canadian Fintech with proven and functioning technology. A Canadian federally endorsed open banking legal framework is seemingly approaching. During this interim term, RevoluGROUP chose to accelerate the adoption of its RevoluPAY Neobank Fintech to customers worldwide, having met and exceeded Europe’s most stringent banking security criteria to obtain the coveted pan-European PSD2 license. RevoluPAY also joined forces with the top 40 world bank BBVA, Flutterwave, and Thunes. RevoluPAY is now transacting with +100 countries.

RevoluGROUP CEO, Steve Marshall, stated: “Bringing our core open banking technology back to Canada is a natural step, especially since an upcoming federal Open Banking legal framework is potentially looming.

Canadian consumers appear primed for the Fintech revolution since, according to Payments Canada, 62% of Canadians reported using less cash since the onset of the pandemic. In comparison, 42% of Canadians surveyed said they avoided shopping in places that did not accept contactless payments. As a result of today’s news, the Company expects to rapidly introduce a Canadian Dollar version of the RevoluPAY Apple and Android app with our linked Visa card upgraded to multi-currency. Canada will get an ensemble of financial technology that has proven extremely popular worldwide for its ease of use, cutting-edge transaction security, and minimal fees when compared to conventional banks.

Stage set for
Neobanks
in
Canada

Business Insider recently reported growing dissatisfaction with the Big Five Canadian banks, especially amongst consumers under 40. Fintech adoption has nearly tripled in Canada, increasing from just 18% in 2017 to 50% in 2019, per E.Y. Meanwhile, during the past decade, European born RevoluGROUP executives witnessed firsthand a similar scenario unfold in Europe. During this closely observed period, the emergence of Neobanks saw conventional banks ceding significant market share to app-based banking technology equivalent to RevoluPAY.

United States
MSB
License Update

During the past week, management at the Florida based wholly-owned subsidiary RevoluGROUP USA Inc. has submitted several State government solicited supplementary documents. The progress concerning the petition for the analogous United States MSB licenses is advancing positively. The recent obtention of the Canadian FINTRAC license in conjunction with the previously presented Pan-European PSD2 license bodes well for the Company’s ongoing application process.

Links Used in This News Release

FINTRAC Website – https://www.fintrac-canafe.gc.ca/fintrac-canafe/1-eng   
E.Y. Study Canadian Fintech Adoption – https://shortly.cc/rCHVD  
Business Insider Canada Open Banking – https://shortly.cc/exMWf  
RevoluPAY PSD2 License – https://www.revolugroup.com/psd2_bank_license/psd2/

A
bout RevoluPAY®

The Company’s flagship technology is RevoluPAY®, the Apple and Android multinational payment app. Built entirely in-house, RevoluPAY features proprietary, sector-specific technology of which the resulting source code is the property of the Company. RevoluPAY built-in features include Remittance Payments, Retail and Hospitality payments, Real Estate Payments, pay-as-you-go phone top-ups, Gift Cards & Online Credits, Utility Bill payments, Leisure payments, Travel Payments, etc. RevoluPAY is powered by blockchain protocols, and, is squarely aimed at the worldwide multi-billion dollar leisure sector and, + $595 billion family remittance market. RevoluPAY® is operated by the European wholly-owned subsidiary RevoluPAY S.L located in Barcelona. RevoluPAY S.L is the self-licensed European PSD2 payment institution 6900 under the auspices of E.U. Directive 2015/2366 and EU Passporting. RevoluGROUP Canada Inc. controls five wholly-owned subsidiaries on four continents.

About
RevoluGROUP Canada Inc.
:

RevoluGROUP Canada Inc. is a multi-asset, multidivisional publicly traded Canadian Company deploying advanced technologies in the; Banking, Mobile Apps, Money Remittance, Mobile Phone Top-Ups, EGaming, Healthcare Payments, Esports, Invoice factoring, Online Travel, Vacation Resort, Blockchain Systems, and Fintech app sectors. Click here to read more.

For further information on RevoluGROUP Canada Inc. (TSX-V: REVO), visit the Company’s website at www.RevoluGROUP.com. The Company has approximately 166,914,015 shares issued and outstanding.

RevoluGROUP Canada
,
Inc.


Steve Marshall


______________________
STEVE MARSHALL
CEO

For further information contact:
RevoluGROUP Canada Inc.
Telephone: (604) 332 5355
Facsimile: 604-687-3119
Email: [email protected]

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This release includes certain statements that may be deemed to be “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.



Sodexo Recognized for its Leadership on Climate Change by Natural Resources Defense Council and the Humane Society of the United States

Gaithersburg, MD, Dec. 07, 2020 (GLOBE NEWSWIRE) — Sodexo announced today that its Better Tomorrow 2025 goal to reduce its carbon footprint by 34 percent globally, a Science-Based Target aligned with the most ambitious goal of the Paris Agreement to limit global warming to 1.5°C above pre-industrial levels, was recognized as industry-leading by the Natural Resources Defense Council (NRDC). 

“Sodexo is ahead of the competition in establishing an overall goal to reduce greenhouse gas emissions by 34 percent and quantifying the percentage of greenhouse gas emissions associated with climate-intensive foods,” according to the Natural Resources Defense Council.

Sodexo anticipates that approximately one-half of its carbon reduction target globally will be achieved through changes in its supply chain, including increasing plant-based purchases, food waste management and collaboration with suppliers to improve production practices and reduce supply-related transportation.  Further analysis of company emissions revealed that at least 70% of the U.S. supply carbon footprint was related to animal-based food purchases in fiscal year 2020.  

“We are very proud of our company’s efforts to establish a robust, science-based target,” said Ted Monk, Vice President of Sustainability and Corporate Social Responsibility, Sodexo North America. “We are focused on doing the difficult, but necessary, work to realize that goal by focusing on the key areas of opportunity within our organization, including advancing plant-based diets, preventing waste, sourcing responsibly, and managing energy efficiently.”

Sodexo understands that addressing diet-related emissions will be required to reach its carbon target. Building from the company’s launch of 300 plant-based recipes and the introduction of dishes featuring lower-impact Future 50 Foods, the company remains committed to creating innovative and nutritious plant-based menu items that encourage sustainable diet adoption.  Some of Sodexo’s key partners include WWF, WRI (World Resources Institute) and the Humane Society of the United States.

For 15 years, the Humane Society of the United States has worked closely with Sodexo to improve the welfare of animals in its supply chain, and most recently has collaborated with Sodexo to provide culinary trainings and customized plant-based menu concepts that are planet-friendly and free of animal products.

“Our team of chefs and food service experts are excited to keep working hand-in-hand with Sodexo to bring more plant-based foods to customer’s plates,” said Josephine Morris, Food Policy Manager at the HSUS. “By providing corporate and account-level consulting, we will continue to support Sodexo’s culinary teams to expand their mastery of plant-based menu development and implementation, marketing and customer adoption. Providing more plant-based foods is a win-win-win situation: it decreases animal suffering, encourages healthier eating and takes pressure off our already over-strained planet.”

Sodexo is developing additional targets which will guide its culinary teams in finding the optimal menu balance of animal to plant ingredients and drive accountability toward meeting our overall carbon reduction goal.  Training at all levels of the organization and beyond, including effective consumer engagement and consumer behavior campaigns developed with third-party partners will be key to realizing the targets. Implementing a sustainable eating strategy will require active engagement across the entire organization through a comprehensive project management and change management process.

Sodexo has made significant improvements to date, including:

 

Sodexo’s Better Tomorrow 2025 roadmap outlines the company’s individual, community and environmental goals and continues to make progress. For more information, visit
our website.

 

About Sodexo North America

Sodexo North America is part of a global, Fortune 500 company with a presence in 64 countries. Sodexo is a leading provider of integrated food, facilities management and other services that enhance organizational performance, contribute to local communities and improve quality of life for millions of customers in corporate, education, healthcare, senior living, sports and leisure, government and other environments daily. The company employs 160,000 people at 13,500 sites in all 50 U.S. states and Canada, and indirectly supports tens of thousands of additional jobs through its annual purchases of $17B in goods and services from small to large businesses. Sodexo is committed to supporting diversity and inclusion and safety, while upholding the highest standards of corporate responsibility and ethical business conduct. In support of local communities across the U.S., in 2019, the Sodexo Stop Hunger Foundation mobilized 37,000 Sodexo volunteers to distribute 3.2 million meals to help 2.3 million children and adults meet their immediate food needs. Since 1996, the Stop Hunger Foundation has contributed $34.5 million to help feed children in America impacted by hunger. To learn more about Sodexo, visit us.sodexo.com, and connect with us on Facebook, Instagram, LinkedIn, Twitter and YouTube

Attachments



Dasha Ross-Smith
Sodexo
[email protected]

House Passing Bill to Federally Decriminalize Cannabis, Along with Arizona’s Passage of Prop 207 to Legalize Recreational Cannabis, Gives EXMT the Perfect Setup to Maximize Profits and Revenues from Increased Demand

TUCSON, AZ, Dec. 07, 2020 (GLOBE NEWSWIRE) — via NewMediaWire – Anything Technologies Media, Inc. (OTC: EXMT), announced today that the House of Representatives voted to pass a measure on December 4, 2020 that would decriminalize Cannabis use at the federal level. This historic vote marked the first time in the country’s history that a chamber of Congress has voted on standalone Cannabis decriminalization. The Bill would also remove criminal penalties for those who manufacture, distribute, or possess Cannabis.

The measure, known as the Marijuana Opportunity Reinvestment and Expungement (MORE) Act, would decriminalize cannabis on a federal level, removing it from the Controlled Substances Act and allowing states to enact their own policies regarding the substance.

“This is a huge benefit to the company as we look to expand into the Cannabis market by growing and distributing Cannabis to dispensaries in Arizona,” stated Lee Katterman, CEO of ATM.

The passing of Cannabis for recreational use in Arizona with the passage of Arizona’s Proposition 207 – the measure that legalizes recreational use of cannabis throughout the state. This passage of 207 along with the House voting to Decriminalize the use of Cannabis, goes hand in hand with President-elect’s promise to decriminalize Cannabis on a federal level. ATM will actively update its shareholders on its progress in this business space.

The company has also uploaded its September 30, 2020 financial statements and disclosures for the last quarter and expects to become current immediately with OTC Markets.

About Sonoran Flower LLC:

https://sonoranflower.com/store

Sonoran Flower was built on the belief that nature holds everything we need to heal. We are a multifaceted organization that cultivates, processes, and sells wholesale and retail hemp goods. We procure and produce top-quality hemp seeds, smokable hemp flower, hemp biomass, distillates, isolates and products such as vape, lotions, salves, and Hemp Beverage.

To Buy Sonoran Flower CBD Products go to: https://sonoranflower.com/store or call 520-303-HEMP (4367)

Please follow Sonoran Flower on Instagram @ https://www.instagram.com/azgrowbros/

Follow us on Twitter @
https://twitter.com/anythingtechmed

Follow us on Instagram @
https://www.instagram.com/anythingcbdmeds/

and Facebook @
https://www.facebook.com/AnythingTechMed/

About Amethyst Beverage:
https://www.amethystbeverage.com/

Amethyst Beverage, a Reno, NV based business, was established in October 2016 mostly as a directive to support a Philanthropy effort toward Cancer associated with Children and Adults. A portion of all sales will be contributed to several organizations nationally.

Currently, Amethyst Beverage is the only water in the marketplace to carry Patented, USDA Organic, Vegan and Kosher certifications, and is also the only flavored (Strawberry/Watermelon, Orange/Mango, Pineapple/Coconut, Cran/Razz, Cucumber/Mint and Peach) alkaline water with fulvic acid containing 70 ionic minerals as well.

About Anything Technologies Media, Inc.

Anything Technologies Media is a manufacturing and marketing company involved in the sales and marketing of CBD Health products and software applications. ATM is the parent company of subsidiary Corporations and is focused on partnerships and acquisitions in new technologies and manufacturing sectors. The company and partners each have their own professional management team with extensive backgrounds in finance, manufacturing, marketing and distribution. ATM’s goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace.


https://anythingtechnologiesmedia.com/tech-market/

NinjaQuestion on Instagram @
https://www.instagram.com/ninjaquestion/

Safe Harbor Statement

Certain statements made in this press release constitute forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. Words such as “expects,” “anticipates,” “plans,” “believes,” “scheduled,” “estimates” and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

Anything Technologies Media, Inc.
[email protected]



Enlivex Announces Issuance of New Chinese Patent Covering Allocetra Immunotherapy

Nes Ziona, Israel, Dec. 07, 2020 (GLOBE NEWSWIRE) — Enlivex Therapeutics Ltd. (Nasdaq: ENLV, the “Company”), a clinical-stage immunotherapy company, today announced that the China National Intellectual Property Administration (CNIPA) issued a new patent to the Company, carrying a patent number ZL201380071109.8. The patent covers AllocetraTM, the Company’s immunotherapy product candidate.  The new patent provides added intellectual property protection in China, including methods, uses and pharmaceutical compositions.

AllocetraTM has been designed to provide a novel immunotherapy mechanism of action that targets life-threatening clinical indications that are defined as “unmet medical needs”, including organ dysfunction and acute multiple organ failure associated with Sepsis and COVID-19, as well as treating solid tumors by modulating the tumors’ microenvironment.

ABOUT ENLIVEX

Enlivex is a clinical stage immunotherapy company, developing an allogeneic drug pipeline for immune system rebalancing. Immune system rebalancing is critical for the treatment of life-threatening immune and inflammatory conditions which involve hyper-expression of cytokines (Cytokine Release Syndrome) and for which there are no approved treatments (unmet medical needs) such as sepsis and COVID-19, as well as enhancement of immune activity against solid tumors in combination with CAR-T or immune checkpoint therapies. For more information, visit http://www.enlivex.com.

Safe Harbor Statement:  This press release contains forward-looking statements, which may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipates,” “believes,” “should,” “would”, “could,” “intends,” “estimates,” “suggests,” “has the potential to” and other words of similar meaning, including statements regarding expected cash balances, market opportunities for the results of current clinical studies and preclinical experiments, the effectiveness of, and market opportunities for, ALLOCETRATM programs. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Investors are cautioned that forward-looking statements involve risks and uncertainties that may affect Enlivex’s business and prospects, including the risks that Enlivex may not succeed in generating any revenues or developing any commercial products; that the products in development may fail, may not achieve the expected results or effectiveness and/or may not generate data that would support the approval or marketing of these products for the indications being studied or for other indications; that ongoing studies may not continue to show substantial or any activity; and other risks and uncertainties that may cause results to differ materially from those set forth in the forward-looking statements. The results of clinical trials in humans may produce results that differ significantly from the results of clinical and other trials in animals. The results of early-stage trials may differ significantly from the results of more developed, later-stage trials. The development of any products using the ALLOCETRATM product line could also be affected by a number of other factors, including unexpected safety, efficacy or manufacturing issues, additional time requirements for data analyses and decision making, the impact of pharmaceutical industry regulation, the impact of competitive products and pricing and the impact of patents and other proprietary rights held by competitors and other third parties.  In addition to the risk factors described above, investors should consider the economic, competitive, governmental, technological and other factors discussed in Enlivex’s filings with the Securities and Exchange Commission, including in the Company’s most recent Annual Report on Form 20-F filed with the Securities and Exchange Commission.  The forward-looking statements contained in this press release speak only as of the date the statements were made, and we do not undertake any obligation to update forward-looking statements, except as required under applicable law.

ENLIVEX CONTACT                                                                            
Shachar Shlosberger, CFO                                                                    
Enlivex Therapeutics, Ltd.                                                                      
[email protected]

INVESTOR RELATIONS CONTACT

Eric Ribner
LifeSci Advisors
[email protected]

                                                                                               



Truist reaffirms commitment to Piedmont Triad on its one-year anniversary

Purpose-led financial services company stands for better for the Winston-Salem community, builds on history of service and philanthropy

PR Newswire

WINSTON-SALEM, N.C., Dec. 7, 2020 /PRNewswire/ — To help celebrate its teammates’ hard work and a collective commitment to the Winston-Salem and Piedmont Triad communities, today, on the one-year anniversary of the merger of equals, Truist published its Winston-Salem Community Impact Report. The report, which focuses on the key areas of education, affordable housing, food security and access to capital, shares some of the ways 55,000 Truist teammates brought the company’s purpose to life throughout a challenging year.

Most notably, Truist focused its 2020 efforts on a vigorous response to the COVID-19 pandemic in support of its clients, teammates and communities, and ongoing local investments in community revitalization, including:

  • Donating almost $4.8 million in philanthropic giving to Winston-Salem and Piedmont Triad communities1;
  • Contributing $1.5 million in direct support to Triad pandemic response efforts through its Truist Cares initiative2;
  • Providing more than $400 million in Paycheck Protection Program loans to Triad small businesses, protecting more than 50,000 local jobs; and
  • Collaborating with nonprofits and government agencies to develop, maintain or improve 263 affordable housing units through community development loans and investments.

“Our local Triad teammates have a tremendous amount of pride in our local communities and a shared commitment to helping them thrive and prosper. And that’s why I’m so proud of our teammates’ numerous accomplishments to serve our clients, support our fellow teammates and provide critical assistance to our communities,” said Truist Triad Regional President Cantey Alexander. “We look forward to building on our rich history in the region, always standing for better and living out our value of caring for our clients, teammates and communities.”

Truist’s commitment to standing for better also manifested in its diligent work to address racial inequity in 2020. From a national perspective, Truist contributed more than $78 million in grants to support social justice initiatives, invest in historically Black colleges and universities and empower historically underserved communities. View this infographic to learn more about Truist’s commitment to diversity, equity and inclusion.


1

Overall giving in the Winston-Salem and Greensboro MSAs as of Sept. 30, 2020, including foundation, donor-advised fund, and CRA, as well as the Triad regional contributions made through the office of the regional president


2

Truist Cares is a cooperative effort between Truist Financial Corporation; Truist Foundation, Inc.; and Truist Charitable Fund to provide communities, organizations and individuals disaster relief and assistance during the COVID-19 crisis.

About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspire and build better lives and communities. With 275 years of combined BB&T and SunTrust history, Truist has leading market share in many high-growth markets in the country. The company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. Headquartered in Charlotte, North Carolina, Truist is the sixth-largest commercial bank in the U.S. with total assets of $499 billion as of September 30, 2020. Truist Bank, Member FDIC. Learn more at Truist.com.

 

Cision View original content:http://www.prnewswire.com/news-releases/truist-reaffirms-commitment-to-piedmont-triad-on-its-one-year-anniversary-301187074.html

SOURCE Truist Financial Corporation

Air Canada and Facedrive Inc. to Expand Scope of TraceSCAN Contact Tracing Technology Pilot into 2021

Air Canada and Facedrive Inc. to Expand Scope of TraceSCAN Contact Tracing Technology Pilot into 2021

TORONTO–(BUSINESS WIRE)–
Facedrive Inc. (“Facedrive”) (TSXV:FD), Canada’s “people-and-planet first” technology ecosystem, is pleased to announce that after initial positive results and user feedback in a pilot, will be deploying more TraceSCAN wearable devices to Air Canada to help mitigate the spread of COVID-19, expanding the scope of the pilot arrangement into 2021.

“Keeping Canadians safe during this challenging time continues to be priority number one,” said Sayan Navaratnam, CEO of Facedrive Inc. Adding, “Air Canada is recognized as an industry leader in COVID-19 safety mitigation. So we are delighted with the opportunity to grow the relationship through TraceSCAN, exploring an additional layer of safety for their employees.”

Later this month, Facedrive Health will deliver Air Canada with additional TraceSCAN Bluetooth wearable contact tracing devices. On top of the wrist band version of the wearable devices currently in use by Air Canada, employees will have the option to wear a key fob version that can attach to a lanyard—providing more variety of use. With a 99% adoption rate amongst participating employees and over 30,000 interactions tracked to date, the integration of TraceSCAN has been effective. During the period of pilot, TraceSCAN team has also enhanced their contact tracing platform with additional features such as real-time interaction analytics, advanced risk calculation algorithms and graphical representation of contact histories.

The University of Waterloo team headed by Professor Patricia Nieva and Professor William Melek has showcased the significance of using Artificial Intelligence in the field of contact tracing. The Waterloo team was able to identify contact histories of up to the 4th degree when a user tests positive for COVID-19. The TraceSCAN team believes that this feature will significantly reduce the risk of an outbreak within an organization. Currently, the team is working on enhancing this feature to assign a risk factor to each employee within an organization when a user tests positive based on the degree of contact, proximity and duration of interaction.

About Facedrive

Facedrive is a multi-faceted “people-and-planet first” platform offering socially-responsible services to local communities with a strong commitment to doing business fairly, equitably and sustainably. Facedrive Rideshare was the first to offer green transportation solutions in the TaaS space, planting thousands of trees and giving users a choice between electric vehicles, hybrid vehicles and conventional vehicles. Facedrive Marketplace offers curated merchandise created from sustainably sourced materials. Facedrive Foods offers contactless deliveries of healthy foods right to consumers’ doorsteps. Facedrive Health develops innovative technological solutions to the most acute health challenges of the day. Facedrive is changing the ridesharing, food delivery, e-commerce and health tech narratives for the better, for everyone. Facedrive is currently operational in the following cities and municipalities of Ontario: The Greater Toronto Area, Hamilton, London, Guelph, Kitchener, Waterloo, Cambridge, Orillia and Ottawa.

For more about Facedrive, visit www.facedrive.com.

Facedrive Inc.

100 Consilium Pl, Unit 400, Scarborough, ON, Canada M1H 3E3

www.facedrive.com

Forward-Looking Statements

Certain information in this press release contains forward-looking information. This information is based on management’s reasonable assumptions and beliefs in light of the information currently available to us and are made as of the date of this press release. Actual results and the timing of events may differ materially from those anticipated in the forward-looking information as a result of various factors. Information regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. Statements containing forward-looking information are not facts but instead represent management’s expectations, estimates and projections regarding future events or circumstances. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements.

See “Forward-Looking Information” and “Risk Factors” in the Corporation’s Filing Statement dated August 28, 2019 for a discussion of the uncertainties, risks and assumptions associated with these statements. Readers are urged to consider the uncertainties, risks and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information. We have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Media: Sana Srithas | [email protected]

Sayan Navaratnam

Chief Executive Officer and Director

Tel: 1-888-300-2228

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Hardware Retail Data Management Other Health Technology Other Automotive Online Retail Infectious Diseases Environment Other Retail Other Technology Automotive Software Food/Beverage Health

MEDIA:

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Sabre Corporation Announces Refinancing of Term A Loans and Redemption of Senior Secured Notes

PR Newswire

SOUTHLAKE, Texas, Dec. 7, 2020 /PRNewswire/ — Sabre Corporation (“Sabre”) (Nasdaq: SABR) today announced a proposed refinancing of a portion of its existing indebtedness. The proposed refinancing includes the borrowing by its wholly-owned subsidiary, Sabre GLBL Inc. (“Sabre GLBL”), under a new $637,000,000 million term loan B facility (the “New Facility”) under the senior secured credit agreement (the “Credit Agreement”) that governs its existing revolving credit facility, its existing term “A” loan facility (the “Term A Loans”), and its existing term “B” loan facility. Sabre would incur no additional indebtedness as a result of the proposed refinancing above the refinanced amount, other than amounts covering interest, fees and expenses relating to repayment of the Term A Loans. The proposed refinancing is expected to meaningfully improve Sabre’s debt maturity profile and preserve its flexibility.

The New Facility would include a $500 million incremental term “B” loan, the proceeds of which would be used to redeem all of Sabre GLBL’s November 2023 Secured Notes, and a $137,000,000 million refinancing term “B” loan, the proceeds of which would be used to prepay in full its remaining outstanding Term A Loans and a portion of the fees and expenses in connection with the prepayment. The New Facility would mature on the seventh (7th) anniversary of the closing date of the New Facility.

The precise timing and terms of the New Facility are subject to reaching agreement with Sabre’s lender banks and institutions, market conditions and other factors. No assurance can be made that the New Facility will be consummated on the proposed terms or at all or that any existing debt will be redeemed or prepaid as described above.

The New Facility will be guaranteed by Sabre Holdings Corporation and each subsidiary of Sabre GLBL that guarantees the Credit Agreement. The New Facility and the guarantees thereof will be secured, subject to permitted liens, by a first-priority security interest in the same collateral that secures Sabre GLBL’s other senior secured indebtedness, which is substantially all present and hereafter acquired property and assets of Sabre GLBL and the guarantors (other than certain excluded assets).

BofA Securities, Inc., Mizuho Bank, Ltd., Wells Fargo Securities, LLC, Deutsche Bank Securities Inc., Citibank N.A., PNC Bank, National Association, Goldman Sachs Bank USA, Morgan Stanley Senior Funding, Inc., MUFG, JPMorgan Chase Bank, N.A and ING Bank, N.A. are proposed to act as joint bookrunners and BofA Securities, Inc. will act as sole lead arranger. Bank of America is the administrative agent and the collateral agent for the Credit Agreement.

About Sabre Corporation

Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveller experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre’s technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world. For more information visit www.sabre.com.

Forward-Looking Statements

Certain statements herein are forward-looking statements about trends, future events, uncertainties and our plans and expectations of what may happen in the future. Any statements that are not historical or current facts are forward-looking statements. In many cases, you can identify forward-looking statements by terms such as “believe,” “could,” “likely,” “expect,” “plan,” “commit,” “guidance,” “outlook,” “anticipate,” “will,” “incremental,” “preliminary,” “forecast,” “continue,” “strategy,” “confidence,” “momentum,” “estimate,” “objective,” “project,” “may,” “should,” “would,” “intend,” “potential” or the negative of these terms or other comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Sabre’s actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. More information about potential risks and uncertainties that could affect our business and results of operations is included in the “Risk Factors” and “Forward-Looking Statements” sections in our Annual Report on Form 10-K filed with the SEC on February 26, 2020, our Quarterly Report on Form 10-Q filed with the SEC on November 6, 2020 and in our other filings with the SEC. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future events, outlook, guidance, results, actions, levels of activity, performance or achievements. Readers are cautioned not to place undue reliance on these forward-looking statements. Unless required by law, Sabre undertakes no obligation to publicly update or revise any forward-looking statements to reflect circumstances or events after the date they are made.

SABR-F

Contacts:

Media

Kristin Hays

[email protected]

[email protected]

Investors

Kevin Crissey

[email protected]

[email protected]

 

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SOURCE Sabre Corporation

IIROC Trading Halt – PRMO

Canada NewsWire

VANCOUVER, BC, Dec. 7, 2020 /CNW/ – The following issues have been halted by IIROC:

Company: Primo Nutraceuticals Inc.

CSE Symbol: PRMO

All Issues: No

Reason: Cease Trade Order

Halt Time (ET): 7:45 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Sapiens Releases New Version of IllustrationPro and ApplicationPro Modules for Life & Annuities Market

Provides strong, digital, end-to-end experience and advanced self-sufficiency for agents and brokers

PR Newswire

HOLON, Israel, Dec. 7, 2020 /PRNewswire/ — Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, has announced the availability of a new version of Sapiens IllustrationPro and Sapiens ApplicationPro. The new release significantly increases value for insurers through faster time to market, reduced total cost of ownership, and importantly, enhanced digital experience and usability, all of which are key differentiators in the current market.

Sapiens IllustrationPro for Life & Annuities is a point-of-sale solution that processes quotes and illustrations quickly and accurately based on the input of customized criteria. Fully responsive and able to run on any device, IllustrationPro strengthens relationships and speeds the sales process.

ApplicationPro enables experienced and new agents alike to simply and easily input information required by using wizard–based, self-directed navigation. Being integrated with IllustrationPro, all the information is carried forward into the application, and the agent doesn’t need to rekey it, which greatly reduces the chance of errors and facilitates a digital straight-through processing operation. With the new release, these two integrated modules enable agents and brokers to more quickly enter the information required and more easily illustrate the data to consumers.

ApplicationPro offers self-sufficient home office maintenance, through fully configurable, reflexive question handling. The solution enables home office to easily create questions and responses, and quickly react to and adjust to changes in the application and underwriting decisions. The upgraded, reflexive question framework captures more information and guides the agent through the process. Questions are streamlined to drill down to more specific follow-up questions, most often regarding medical conditions.

“Sapiens is a longstanding provider of Life & Annuities solutions, with over 40 customers in the US and Canada alone,” said David Pidgeon, Sapiens Head of Life & Annuity, North America. “Integrating these two independent modules is a huge value proposition, and the open architecture makes it easy to integrate into insurers’ digital environment and provide a holistic digital experience to customers.”

About Sapiens

Sapiens International Corporation empowers insurers to succeed in an evolving industry. The company offers digital software platforms, solutions and services for the property & casualty, life, pension & annuity, reinsurance, financial & compliance, workers’ compensation and financial markets. With more than 35 years of experience delivering to over 500 organizations globally, Sapiens has a proven ability to satisfy customers’ core, data and digital requirements. For more information: www.sapiens.com.

Logo – https://mma.prnewswire.com/media/585787/Sapiens_Logo.jpg

Media Contact:

Alex Zukerman

CMO and Chief of Strategy, Sapiens
+972 546 724 910 
[email protected]

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SOURCE Sapiens International Corporation