UNITY

UNITY Biotechnology Announces Extension of Phase 2b ASPIRE Clinical Study Evaluating UBX1325 in DME

Retrieved on: 
Tuesday, April 23, 2024
Safety, CST, Unity Biotechnology, Biotechnology, Therapy, Patient, Standard of care, DME, Ageing, UBX, Diabetic retinopathy, SAN, Visual acuity, Pharmaceutical industry

SOUTH SAN FRANCISCO, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- UNITY Biotechnology, Inc. (“UNITY”) [NASDAQ: UBX], a biotechnology company developing therapeutics to slow, halt or reverse diseases of aging, today announced that the ongoing Phase 2b ASPIRE study of UBX1325 has been extended from 24 to 36 weeks to assess potentially greater durability compared to aflibercept.

Key Points: 
  • SOUTH SAN FRANCISCO, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- UNITY Biotechnology, Inc. (“UNITY”) [NASDAQ: UBX], a biotechnology company developing therapeutics to slow, halt or reverse diseases of aging, today announced that the ongoing Phase 2b ASPIRE study of UBX1325 has been extended from 24 to 36 weeks to assess potentially greater durability compared to aflibercept.
  • In addition, the study is being upsized from 40 to 50 patients to increase the statistical power.
  • The ASPIRE study is designed to evaluate the safety, efficacy, and long-term durability of UBX1325 as a monotherapy compared head-to-head to aflibercept in patients with diabetic macular edema (DME).
  • “We previously demonstrated significant improvement in vision with extended durability in patients treated with UBX1325 in the BEHOLD proof-of-concept study and look forward to extending those findings in the current ASPIRE study,” said Anirvan Ghosh, Ph.D., chief executive officer of UNITY.

UNITY Biotechnology, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Business Updates

Retrieved on: 
Monday, April 15, 2024
Safety, Research, Depreciation, Unity Biotechnology, Biotechnology, Therapy, Patient, Cellular senescence, DME, Ageing, UBX, Diabetic retinopathy, SAN, Pharmaceutical industry

Total net loss for the fourth quarter of 2023 was $4.3 million compared to $7.4 million for the fourth quarter of 2022.

Key Points: 
  • Total net loss for the fourth quarter of 2023 was $4.3 million compared to $7.4 million for the fourth quarter of 2022.
  • Cash used in operations during the fourth quarter of 2023 was $6.7 million compared to $10.4 million for the fourth quarter of 2022.
  • Research and development expenses decreased by $4.5 million, to $3.3 million for the fourth quarter of 2023 from $7.8 million for the fourth quarter of 2022.
  • General and administrative expenses decreased by $0.9 million, to $4.4 million for the fourth quarter of 2023 from $5.3 million for the fourth quarter of 2022.

Unity Bancorp Reports Quarterly Earnings of $9.6 Million

Retrieved on: 
Friday, April 12, 2024
Sale, Small business, ROE, Annual report, Communication, Clinton, ROA, NIM, Bank, Economic development, Unity Bank of Canada, COVID-19

James A. Hughes, President and CEO, commented on the financial results: “We are pleased to announce another strong quarter for Unity Bancorp, Inc. For the quarter, we achieved $9.6 million of net income, equivalent to $0.93 per diluted share. Our core deposit franchise has demonstrated steady growth, reinforcing the strength of our balance sheet and contributing to impressive first quarter earnings metrics -- NIM of 4.09%, ROA of 1.58% and ROE of 14.49%.

Key Points: 
  • James A. Hughes, President and CEO, commented on the financial results: “We are pleased to announce another strong quarter for Unity Bancorp, Inc. For the quarter, we achieved $9.6 million of net income, equivalent to $0.93 per diluted share.
  • At Unity, we remain steadfast in our commitment to our shareholders.
  • In addition to producing best-in-class earnings, we previously announced another increase to our cash dividend payout, the fifth increase in four years.
  • Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.6 billion in assets and $2.0 billion in deposits.

32 Leading Brands Announce Exclusive Teacher Offers for National Teacher Appreciation Week

Retrieved on: 
Thursday, May 2, 2024
Software, Online Retail, Consumer, Electronic Commerce, Technology, Primary, Secondary, Digital Marketing, Education, Retail, Other Consumer, Marketing, Communications, Tiny Love, Clinique, Maytag, CMO, PLUS, L.L.Bean, KitchenAid, Skin, Teaching, XR, FIVE, Commerce, Cosmetics, Unity Technologies, Teacher, Pizza Hut, UGG, ThriftBooks, Dorel Industries, Learning, MAC, Aveda, Holland America Line, MAC Cosmetics, FREE, Travel, Tarte Cosmetics, Student, Evenflo, Beauty, Tutoring

SheerID, the global leader in identity verification for commerce, is proud to partner with over 32 brands in 8 retail categories to provide exclusive discounts for millions of educators during National Teacher Appreciation Week.

Key Points: 
  • SheerID, the global leader in identity verification for commerce, is proud to partner with over 32 brands in 8 retail categories to provide exclusive discounts for millions of educators during National Teacher Appreciation Week.
  • "Personalized and exclusive offers are a powerful way for brands to honor and thank teachers for the important work they do," stated Sai Koppala, CMO of SheerID.
  • Pizza Hut : Unlock exclusive perks at Pizza Hut during Teacher Appreciation Month!
  • Members must be signed up for Teachers' Circle before May 6 to receive Teacher Appreciation Week rewards.

Unity Appoints Matthew Bromberg as New CEO

Retrieved on: 
Wednesday, May 1, 2024
Entertainment, Apps, Applications, Technology, Audio, Video, Mobile Entertainment, Software, Electronic Games, ZNGA, Webcast, Electronic Arts, Multimedia, Interim, Silver, Senior advisor, Letter, Management

View the full release here: https://www.businesswire.com/news/home/20240501573979/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240501573979/en/
    Matthew Bromberg has been appointed Chief Executive Officer, President, and a member of the Unity Board of Directors, effective May 15, 2024.
  • (Photo: Business Wire)
    “We couldn’t be happier to welcome Matt Bromberg as Unity’s new CEO.
  • “I am thrilled to join Unity as it embraces its next chapter,” said Matthew Bromberg.
  • The webcast and shareholder letter can be accessed at investors.unity.com where a replay of the webcast will also be available.

Teradata Embraces Open Table Formats, Iceberg and Delta Lake, to Deliver the Most Open and Connected Ecosystem for Trusted AI

Retrieved on: 
Tuesday, April 30, 2024
Professional Services, Data Management, Technology, Data Analytics, Software, Artificial Intelligence, Hive, Cloud, TDC, OTF, AWS Glue, Ecosystem, Apache Hive, AI, Security (finance), Apache Airflow, ISG, Artificial intelligence, Synovial joint, Data science, Machine learning, Trust (social science), Acquisition, Form 10-K, Trust, Data management, Creativity, Annual report, Delta, AWS, Organization, Apache Iceberg, Fractional Fourier transform, Medical device

Teradata’s fully open and connected approach is designed to be future-ready and allow enterprises to employ a modern data strategy with unmatched agility and flexibility for executing Trusted AI at scale.

Key Points: 
  • Teradata’s fully open and connected approach is designed to be future-ready and allow enterprises to employ a modern data strategy with unmatched agility and flexibility for executing Trusted AI at scale.
  • Teradata’s agnostic OTF support and open catalog integration is designed to enable the platform to read various catalogs with predictable execution.
  • “In today’s data landscape, we’re seeing wide adoption of open table formats with 51% of organizations actively adopting Delta tables and 27% adopting Apache Iceberg.
  • Forward-looking statements in this release include the availability, capabilities, and benefits provided by the integration of open table formats with Teradata’s VantageCloud platform and Teradata AI Unlimited.

Bye Aerospace Charts New Course: Zastrow has been Promoted to CEO

Retrieved on: 
Tuesday, April 30, 2024
F-15, Chair, Certification, Bye Aerospace, Research, USAF, Growth, Management

Rod Zastrow, currently serving as President and Chief Operating Officer (COO), has been promoted to CEO and President.

Key Points: 
  • Rod Zastrow, currently serving as President and Chief Operating Officer (COO), has been promoted to CEO and President.
  • Bye Aerospace Charts New Course: Zastrow has been Promoted to CEO
    As CEO and President, Rod Zastrow continues to spearhead the final stages of FAA certification and commence production of the highly anticipated eFlyer 2, on track to be the world's first FAA Part 23 certified electric airplane.
  • "We are thrilled to announce Rod Zastrow as our new CEO and President," said George Bye.
  • "George Bye has been instrumental in guiding Bye Aerospace to its current position of prominence in the aerospace industry.

Make Music Day Rings in the Summer with a Worldwide Celebration of Music

Retrieved on: 
Tuesday, April 30, 2024
Cloud, Elixir, Music, Partnership, NAMM Show, NAMM, Growth, Hohner, Singing, Wind, Garden, Brood XIII, Friends, City, Series, Brood XIX, Free, Instrument, Fête de la Musique, NFHS, Choir, Elixir Strings, Come as You Are, State Street, Student, Medeski Martin & Wood, The, PDF, Ageing

NEW YORK, April 30, 2024 /PRNewswire/ -- Make Music Day, the worldwide festival of making music held annually on the summer solstice, today announced the return of its vast program with over 5,000 live, free music-making events across the United States on Friday, June 21.

Key Points: 
  • Completely different from a traditional music festival, Make Music Day activities are free and open to anyone wanting to participate.
  • "We are thrilled with the continued growth of our Make Music Day partnership that celebrates the joy of making music worldwide," said John Mlynczak, NAMM president and CEO.
  • In the spirit of Make Music Day, the piece is radically inclusive, with optional parts to accommodate any kind of school musician.
  • Make Music Day is presented in the U.S. by The NAMM Foundation and coordinated by the nonprofit Make Music Alliance.

TheXPlace and Unity Kick-off Summer Game Jam

Retrieved on: 
Thursday, April 25, 2024
Entertainment, Mobile Entertainment, Consumer Electronics, Training, Apps, Applications, Technology, Other Education, Continuing, Artificial Intelligence, Education, Other Technology, Electronic Games, Narrative, Game jam, Summer, Production, Learning, Hope, Game, Uncertainty, Publishing, Entrepreneurship, 3D, Animation, Trailblazer, Creativity, Student, Tourism

Summer Game Jam will run from June 13 through June 19, 2024.

Key Points: 
  • Summer Game Jam will run from June 13 through June 19, 2024.
  • While the Summer Game Jam welcomes all developers over the age of 18, early career professionals are specifically encouraged to participate.
  • I look forward to playing the games these global communities create.”
    Joining the Summer Game Jam is easy – just create and verify your profile on TheXPlace, then join or form a team on the Games tab.
  • The Summer Game Jam is one of the many events hosted on TheXPlace Events Portal: a place where members can come together to learn, connect, and grow their careers.

AM Best Revises Issuer Credit Rating Outlook to Positive for Unity Financial Life Insurance Company

Retrieved on: 
Friday, April 19, 2024
Insurance, Professional Services, News, Risk, Credit, AM Best, Growth, Risk management, Good, ALL, SPIA, FSR

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Unity Financial Life Insurance Company (Unity) (Cincinnati, OH).

Key Points: 
  • AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Unity Financial Life Insurance Company (Unity) (Cincinnati, OH).
  • The positive outlook of the Long-Term ICR is a result of improvements in the company’s balance sheet strength.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.