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German IT service provider Cancom SE (CNCXY.PK) announced Tuesday that its Supervisory Board has decided to appoint Rüdiger Rath as the new Chief Executive Officer, effective from November 1, 2022. Rath will succeed Rudolf Hotter, who will leave the company at his own request on October 31, 2022 after...

Biopharmaceutical company DURECT Corp. (DRRX) announced Tuesday the appointment of Timothy Papp as its Chief Financial Officer. Papp brings over 25 years of corporate finance experience to DURECT, including 15 years in the Biopharma sector. In this new role, Papp will direct and oversee all financial...

Masimo (MASI) said that a two-part retrospective study found that remote patient monitoring with Masimo SafetyNet reduced length of hospital stay for COVID-19 patients. Masimo SafetyNet, a remote patient management and telehealth solution, uses tetherless Masimo Radius PPG SET pulse oximetry and a...

Xperi Holding Corp. (XPER) announced Tuesday that it has acquired Vewd Software Holdings Ltd. for $109 million through a mixture of cash and debt. Vewd Software is an independent OTT software provider for Smart TV makers, connected car and video-over-broadband operators, with over 450 million connected...

Titan Pharmaceuticals, Inc. (TTNP) announced Tuesday that the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug (IND) application for a Phase 1 study of its six-month or longer subdermal formulation of nalmefene, an opioid antagonist, intended for the prevention of relapse...

Vertex Pharmaceuticals Inc. (VRTX) announced Tuesday that the U.S. Food and Drug Administration (FDA) has lifted the clinical hold placed on the Phase 1/2 clinical trial of VX-880, an investigational stem cell-derived, fully differentiated pancreatic islet cell replacement therapy for people with type...

Iveric bio Inc. (ISEE) and DelSiTech Ltd announced global license agreement providing Iveric Bio with the right to develop and commercialize new formulations of Zimura or avacincaptad pegol using DelSiTech's silica-based sustained release technology. As part of Iveric Bio's lifecycle expansion plan...

California American Water, a subsidiary of American Water (AWK), has filed an application to set new rates in each of its service areas for 2024 through 2026. The new rates would take effect January 1, 2024, pending approval. The company said the average impact to customer bills on January 1, 2024 will...

Hecla Mining Co. (HL) and Alexco Resource Corp. (AXU, AXU.TO) announced Tuesday a definitive agreement for Hecla to acquire all of the outstanding common shares of Alexco that Hecla does not already own. Each outstanding common share of Alexco will be exchanged for 0.116 of a share of Hecla common...

American Water Works Company, Inc. (AWK), a water and wastewater utility company, announced Tuesday that its unit Missouri American Water filed a request on Friday with the Missouri Public Service Commission or MoPSC to review its water and wastewater rates. The request is driven by nearly $770 million...

New Fortress Energy Inc. (NFE), an energy infrastructure company, and alternative asset manager Apollo (APO) announced Tuesday that they have entered into a definitive Equity Purchase and Contribution Agreement. Under the deal, NFE will sell its 11 LNG infrastructure vessels to a newly formed joint...

Mogrify Limited and Astellas Pharma Inc. (ALPMY, ALPMY) have executed a collaborative research agreement on in vivo regenerative medicine approaches to address sensorineural hearing loss. Based in Cambridge, UK, Mogrify has developed a proprietary suite of platform technologies that utilize a systematic...

RWS Holdings Plc (RWS.L), a provider of technology-enabled language, content and intellectual property services, announced Tuesday the appointment of Candida (Candy) Davies as Chief Financial Officer with effect from October 1. She will join the Board and the Group Executive Team. Rod Day will continue...

AstraZeneca (AZN.L, AZN) announced an agreement to acquire TeneoTwo, Inc., including its phase I clinical-stage TNB-486, currently under evaluation in relapsed and refractory B-cell non-Hodgkin lymphoma. TNB-486 belongs to a class of therapeutic antibodies known as T-cell engagers, which are emerging...

Tech company Cognizant Technology Solutions Corp. (CTSH) announced Tuesday that it has won a multi-year contract from India-based National Insurance Company Ltd. Or NICL to further strengthen its operational excellence and future-ready technology roadmap. The financial terms of the deal were not disclosed. Cognizant...

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