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Gesynta Pharma announces significant progress across development program for first-in-class drug candidate GS-248

IND submitted for systemic sclerosis and 50% recruitment milestone in Phase II study reached Stockholm, Sweden, June 14 2021 – Gesynta Pharma AB today announced that an IND (Investigational New Drug Application) has been submitted to the U.S. Food & Drug Administration for its oral drug candidate GS-248 in patients with systemic sclerosis. Concurrently, more than half of the patients in the ongoing Phase II study in four countries across Europe have been recruited. The study investigates the safety of GS-248 and its efficacy on Raynaud’s phenomenon and peripheral vascular blood flow. Top-

World-class commitment to corporate sustainability – Gasum joins the United Nations Global Compact

Gasum has joined the United Nations Global Compact initiative on corporate sustainability. Sustainability is an integral part of Gasum’s growth strategy to promote development towards a carbon-neutral future in industry as well as in road and maritime transport.The UN Global Compact is a voluntary, international corporate sustainability initiative administered by the United Nations. It sets ten principles relating to human rights, labor, environment and anti-corruption. The UN Global Compact calls for businesses worldwide to adopt these principles and to report on their implementation.

Concentric AB awarded a new contract to supply a sophisticated hydraulic fan motor with integrated valve to a leading Chinese material handling OEM to control machine temperature

Concentric AB awarded a contract to supply a hydraulic fan motor with integrated valve and control functions to a leading Chinese material handling OEM to control engine cooling and oil temperature. This new hydraulic motor allows the fan speed to be fully variable, providing a stable machine operating temperature range allowing the material handler to work within the optimum efficiency range. Production will start in 2021 and sales revenues from this new contract are estimated to be worth MSEK 35 over the next five years. The hydraulic fan motor units has the following key benefits:

Peab builds homes in Oulu

Peab has been commissioned to build apartments in the city of Oulu. The customer is Health City Finland Oy and the contract is worth EUR 12 million.The project entails building two high rises next to each other with a total of 179 apartments. One of the buildings will be seven stories and the other will be six. “We’re very proud to carry out this project and contribute to new residential choices for the people living in Oulu. Building homes is one of Peab’s areas of expertise,” says Matti Joensuu, Region Manager Peab. The project is a turnkey contract. Construction starts in June 2021

Metso Outotec focuses its Field Service offering in Australia on its proprietary technologies

Metso Outotec Corporation’s press release on June 14, 2021, at 09:00 a.m. EESTMetso Outotec strives to provide the best possible sustainable and industry leading service offering to our mining customers. The company has been reviewing its local services business portfolio in Australia and has decided to discontinue the conveyor labor services related to belt splicing and associated services in the Australian market. Metso Outotec continues to provide parts, components, and technical support for conveyors. “This decision is a part of our Field Service strategy to focus our service efforts

Bambuser to Present at VivaTech 2021 as part of the LVMH Innovation Award Program

At Europe’s biggest startup and tech event, Live Video Shopping to be showcased among solutions driving the future of customer experiences Stockholm — 14 June 2021 — Bambuser today announced its participation in VivaTech, Europe's biggest startup and tech event. Hosted by LVMH Moët Hennessy Louis Vuitton (LVMH), Bambuser will present Live Video Shopping to event attendees as part of the luxury goods conglomerate’s annual Innovation Award program. LVMH, a founding partner of VivaTech, selected Bambuser as one of just 28 companies whose technologies represent the future of customer

W3 Energy signs operations contract with Luxcar

W3 Energy has signed a contract with Luxcara for onsite technical operations management for the Önusberget wind farm, which is Europe's largest single onshore wind farm."This contract strengthens our position as a key player in onsite technical operations management. The Önusberget wind farm is the largest single-site wind power project in Europe and we are proud that Luxcara gives us the trust to support with the operational management of their investment", says W3 Energy's COO André Sjöström.Önusberget wind farm is located outside of Piteå in northern Sweden and when fully installed it

RLS Global clinical study, ChloraSolv01, published in the Journal of Wound Care

RLS Global is pleased to announce that the outcome of the completed clinical study ChloraSolv01 is published today in the Journal of Wound Care Vol 30, No 6, June 2021. Data from this clinical study show that a treatment regimen based on ChloraSolv could represent a valuable treatment option for patients suffering from hard-to-heal wounds.The wounds that were treated in the ChloraSolv01 clinical study were hard-to-heal, lower extremity ulcers which had more than 50% coverage of devitalized tissue. Using ChloraSolv once a week for 5 weeks resulted in a 73% reduction of the devitalized tissue

Bexmarilimab granted key US patent

Faron Pharmaceuticals Oy (“Faron” or the “Company”) Bexmarilimab granted key US patent  Company announcement, 14 June 2021 at 9.00 AM (EEST)  TURKU – FINLAND – Faron Pharmaceuticals Oy (AIM: FARN, First North: FARON), the clinical stage biopharmaceutical company, today announces that the United States Patent and Trademark Office has granted a new US Patent, No. 11,046,761, with claims protecting the composition of matter of bexmarilimab. The patent will be issued on 29 June, 2021. Faron's wholly-owned novel precision cancer immunotherapy drug candidate, bexmarilimab,

Intec continues its journey of growth

Instalco’s subsidiary for technical consulting, Intec, continues to grow both organically and through acquisitions. Intec is now acquiring the project management company, PlanProj AB in Norrköping, thereby adding additional project and construction management talent along with expertise in installation coordination to the company. Intec now has around 200 technical consultants and is represented at 16 locations in Sweden.PlanProj has 14 employees and annual sales of approximately SEK 17 million. The company was founded in 2011 and has its niche in construction and project management, with

Nilar announces CEO transition latest by year-end 2021

Today, Marcus Wigren, CEO of Nilar International AB (publ), informed the Company’s Board of Directors that he wishes to step down from his responsibilities as CEO latest by the end of the year. With regrets, the board acknowledged his wish. The Board and Marcus have agreed a seamless transition to the next CEO.Marcus Wigren, CEO of Nilar, says: “By now, I have been with Nilar for over 14 years. When I joined, Nilar was an R&D development project, having recently created its first fully functional prototypes. Since then, Nilar has been on a tremendous growth path. And I, together with a

Metso Outotec and Power Ram sign distribution contract for Malaysia and Singapore

Metso Outotec Corporation’s press release on June 14, 2021, at 08:30 a.m. EESTMetso Outotec and Power Ram Sdn Bhd have signed a distribution contract which covers Metso Outotec’s aggregate crushing and screening equipment and related parts and support. As of June 2021, Power Ram will sell and rent Metso Outotec’s mobile and stationary crushers and screens, provide spare parts, crusher wear parts and screening media as well as technical support and maintenance services for aggregate producers and contractors in Malaysia and Singapore.Metso Outotec has a large installed base in the

Skanska divests elderly care home in Sollentuna, Sweden, for about SEK 280M

Skanska has divested an elderly care home in Sollentuna outside Stockholm, Sweden, for about SEK 280M. The buyer is Altura and lease agreements have previously been signed with Nytida and Vardaga. The transaction will be recorded in the Commercial Property Development stream in the second quarter 2021. The transfer will take place in connection with completion during the third quarter 2022.When completed, Villa Tureberg will be a five-story elderly care home, consisting of approximately 4,500 square meters of accommodation for elderly and 500 square meters of group housing with special

Panoro Energy - Awards and exercise under RSU program and mandatory notification of trades

Oslo, 14 June 2021 - Panoro Energy ASA (the “Company” or “Panoro” with OSE ticker: “PEN”) announces the awards and exercise of Restricted Share Units (“RSUs”) and notification of primary insider trades. Awards of RSUs For the year 2021, the Board of Directors have granted 528,356 RSUs to the key employees of the Company under the Long-Term Incentive Plan (“LTIP”) approved by the shareholders at the 2021 Annual General Meeting. The awards are based on specific performance criteria as previously approved by the Board of Directors. One RSU will entitle the holder to receive one share

​Picadeli brings its high-tech salad bar to the United States

The Swedish foodtech company, Picadeli, is launching its salad concept in the USA. In recent years, the company has expanded significantly in Europe and established its digitized salad bars in over 2000 locations. Now Picadeli aims to achieve another important, major goal - to establish its salad concept in American grocery stores.“We will launch the concept together with one of the USA's leading food chains and, in addition, we have several ongoing discussions with other major players,” said David von Laskowski, President and CEO of Picadeli and Greenfood Group. Now Picadeli is

Kungsleden to strengthen project development organisation

Kungsleden is recruiting Patrick Heddini as new Project Manager in Stockholm and Joakim Riström as new Business Developer in Mälardalen. Both will assume their positions after the summer and will play an important role in our project and property development efforts. Kungsleden is also recruiting Malin Evertsson internally as a new Project Manager in Mälardalen. Patrick Heddini, Joakim Riström and Malin Evertsson. Patrick Heddini will assume his position as Project Manager Stockholm in August. His most recent position was at Fabege, where he has worked since 2012, the last three

Targovax releases presentations of ONCOS-102 mesothelioma 24-month data

Oslo, Norway, 14 June 2021 - Targovax ASA (OSE: TRVX), a clinical-stage immuno-oncology company developing immune activators to target hard-to-treat solid tumors, has released two video presentations related to the ONCOS-102 mesothelioma 24-month data.The 24-month follow-up data from the randomized phase 1/2 trial of ONCOS-102 in combination with Standard of Care (SoC) chemotherapy in patients with malignant pleural mesothelioma (MPM) was announced 10 June 2021 (see press release here 

Aker, bp and Statkraft join forces for offshore wind in the Norwegian North Sea

bp today agreed to join Statkraft and Aker Offshore Wind in a consortium bidding to develop offshore wind energy in Norway.The partnership – in which bp, Statkraft and Aker Offshore Wind will each hold a 33.3% share – will pursue a bid to develop offshore wind power in the Sørlige Nordsjø II (SN2) licence area. SN2’s favourable location provides power export access to local and adjacent markets. The consortium also intends to explore opportunities to provide clean power to electrify offshore oil and gas facilities. The partnership would work with local suppliers, building industrial

DBP International AB: The CTA for SI-053 has been sent - the tenth and the last milestone for the clinical trial of SI-053 has been completed

Double Bond Pharmaceutical International AB (publ) ("DBP") takes a final step towards the start of the phase 1 clinical trial of its front-line product SI-053 in patients with glioblastoma - Clinical Trial Application (CTA) for SI-053 has been submitted. Double Bond Pharmaceutical reports that the CTA for SI-053 has been submitted to the competent National Regulatory Authorities, including the Ethics Committee. The process was carried out by DBP in cooperation with a company specializing in managing clinical trials located in the EU, on behalf of pharmaceutical companies. A CTA provides

Tikkurila CEO Elisa Markula to step down following closing of PPG’s tender offer

Tikkurila OyjChange in board/management/auditorsJune 13, 2021 at 6.00 p.m. EEST Upon completion of PPG’s tender offer for all of the shares of Tikkurila, Elisa Markula, chief executive officer (CEO) of Tikkurila, has notified Tikkurila of her decision to resign to take a CEO position at another company in another industry sector. Markula’s resignation will be effective upon a date to be announced as she will remain with Tikkurila until then to help ensure a smooth transition. Markula has served as CEO of Tikkurila since April 2018.   “I would like to thank Elisa for her very

OXE Marine AB (PUBL) convening notice for extraordinary general meeting

The board of directors of OXE Marine AB (publ) (the “Company”) convenes an extraordinary general meeting on 28 June 2021 to resolve on an adjusted long-term incentive program for senior executives, replacing the warrant program resolved by the annual general meeting on 16 April 2021. The reason for the board of directors’ new proposal is that the theoretical market value for the warrants issued at the annual general meeting, which was determined using the Black & Scholes valuation model, resulted in a significantly higher valuation than in previous incentive programs and that all participants

Sale of 1,223,117 existing shares in Re:NewCell AB (publ) completed

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.Reference is made to the press release published on 11 June 2021 regarding a potential sale of existing shares in Re:NewCell AB (publ) (“Renewcell” or the "Company") by a group of 11 shareholders (the “Selling Shareholders”) through an

ABS and 22 Industry Players to Study Ammonia as an Alternative Marine Fuel

(SINGAPORE) A group of industry leaders have set up a “Joint Study” framework for examining common issues on ammonia as an alternative marine fuel, to contribute to meeting the IMO’s decarbonization targets. The group includes firms from a range of sectors including energy, mining, power utilities, chemical, terminal, shipping, shipbuilding, manufacturing, bunkering, and classification organizations. Twenty-three companies, including ABS, have entered into a memorandum of understanding on a joint study of common issues on ammonia as an alternative marine fuel. “Ammonia is a fuel

Seadrill New Finance Limited (the “Issuer”) – Update on Restructuring Discussions and SeaMex Ltd Joint Venture

Hamilton, Bermuda | June 11, 2021 - Seadrill Limited (“Seadrill” or the “Company”) (OSE: SDRL, OTCPK:SDRLF) and the Issuer announce that restructuring discussions have continued with certain holders (the “Noteholders”) of the Issuer’s 12.0% senior secured notes due 2025 (the “Notes”) and good progress continues to be made.  The restructuring discussions include SeaMex Ltd (“SeaMex”), a 50/50 joint venture which Seadrill established with an investment fund controlled by Fintech Holdings Limited (“Fintech”) in 2014. The Issuer has agreed in principle the key terms of a restructuring

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