Bombardier and Alstom Sign Definitive Agreement for Sale of Transportation Business

Sale based on enterprise value of $8.4 billion (EUR 7.15B), reflecting a post-MOU $350M (€300M) price reduction, offset by positive foreign currency impact Net proceeds to Bombardier expected to be ~$4.0B at closing
Closing now expected in the first quarter of 2021, subject to customary closing conditions and remaining regulatory approvals All amounts in this press release are in U.S. dollars unless otherwise Read More…

‫عقار Opaganib الذي تنتجه شركة RedHill Biopharma يُظهر تثبيطًا تامًا لفيروس سارس-كوف-2

تمكن Opaganib من تثبيط التكاثر الفيروسي لفيروس سارس-كوف-2 تمامًا، كما تم قياسه بعد ثلاثة أيام من الحضانة في نموذج مختبري لأنسجة الشعب الهوائية البشرية، مقارنة بشكل إيجابي مع عقار remdesivir، وهو عنصر التحكم الإيجابي في الدراسة

يحتل OpagaRead More…

RedHill Biopharma’s Opaganib Demonstrates Complete Inhibition of SARS-CoV-2

Opaganib blocks SARS-Cov-2 virus replication Opaganib blocks SARS-Cov-2 virus replication Opaganib completely inhibited SARS-CoV-2 viral replication as measured after three days incubation in an in vitro model of human bronchial tissue, comparing favorably with remdesivir, the positive control in the study

Opaganib is uniquely positioned as an orally-administered potential COVID-19 treatment combining potenRead More…

DiaSorin and MeMed partner to develop and commercialize novel host immune response based diagnostics solution

 DiaSorin and MeMed partner to develop and commercialize novel host immune response based diagnostics solution                                                      
Licensing Agreement to add MeMed BV™, Immune System Based Protein Signature Test for Distinguishing between Bacterial vs. Viral Infections, to the broad DiaSorin LIAISONÒ test menu, available on LIARead More…

INVNT GROUP]™ Appoints Managing Director In EMEA To Fuel Further Growth Of New Portfolio

LONDON, UK, Sept. 02, 2020 (GLOBE NEWSWIRE) — [INVNT GROUP], THE GLOBAL BRANDSTORY PROJECT™ has recruited a new Managing Director for EMEA in renowned and highly regarded industry leader, Claudia Stephenson, a move that has been fuelled by increased demand for the GROUP’s multi-disciplinary offering amid the pandemic.
An excellent communicator with long-standing client relationships across sectors includingRead More…

Hazardous Industries Ready for a Giant Leap Toward Dynamic and Simulated Risk

In Sphera’s recent survey, industry leaders express need for technology solutions that help achieve operational resilience
CHICAGO, Sept. 01, 2020 (GLOBE NEWSWIRE) — Sphera, the leading global provider of Integrated Risk Management (IRM) software, data and consulting services, has released the latest results of its annual Process Safety Management/Operational Risk Management survey.
The 2020 survey marks theRead More…

Guidepoint Joins with Dubai FDI to Attract Foreign Investments

DUBAI, United Arab Emirates, Sept. 1, 2020 /PRNewswire/ — Guidepoint MEA Ltd, a subsidiary of Guidepoint Global recently signed a Memorandum of Understanding (MoU) with the Dubai Investment Development Agency (Dubai FDI), with the common objective of exchanging information and collaborating in business areas to benefit the region. The MoU reflects both parties’ eagerness to advance their mutual intereRead More…

Bombardier Announces Closing of Senior Secured Credit Facility

MONTREAL, Aug. 19, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) announced today that it has successfully closed the previously announced three-year $1.0 billion senior secured term loan facility (the “Facility”) with HPS Investment Partners, LLC, acting as administrative agent, collateral agent and the lead lender for a group that included investment funds and accounts managed by HPS Investment PRead More…

Bombardier Reports Second Quarter 2020 Financial Results, Progress on Near-Term Priorities

Pro-forma(1) liquidity(2) of approximately $3.5 billion, including approximately $1.7 billion of consolidated cash on hand, $738 million of available revolver capacity at Transportation as of June 30, 2020, and up to $1.0 billion of new liquidity from recently announced senior secured credit facility
Free cash flow usage(3) and cash flow usage from operating activities better than expected at $1.0 billion, includingRead More…

REMINDER/Media Advisory: Bombardier to Report its Second Quarter 2020 Financial Results on August 6, 2020

MONTREAL, Aug. 05, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will publish its financial results for the second quarter ended June 30, 2020 on August 6, 2020.
On August 6, 2020 at 8:00 a.m., EDT, Éric Martel, President and Chief Executive Officer; John Di Bert, Senior Vice President and Chief Financial Officer; and Patrick Ghoche, Vice President, Corporate Strategy and Investor Relations, will hold a webcRead More…