Saniona’s Ownership Stake in Scandion Oncology Reduced Below 5% Following Scandion’s Successful Rights Issue
December 16, 2020
Saniona (OMX: SANION), a clinical stage biopharmaceutical company focused on rare diseases, today announced the reduction of its ownership stake in Scandion Oncology A/S (Spotlight Stock Market: SCOL) below 5%. This reduction is a result of a rights issue completed by Scandion Oncology on December 15, 2020.
Scandion Oncology was formed in 2017 through a spin-out of assets from Saniona. These assets included SCO-101, a first-in-class molecule targeting chemotherapy resistance, as well as related analogues and technical expertise.
For more information, please contact
Trista Morrison, Chief Communications Officer, Saniona. Office: + 1 (781) 810-9227. Email: firstname.lastname@example.org
The information was submitted for publication, through the agency of the contact person set out above, at 8:00 CET on December 16, 2020.
Saniona is a biopharmaceutical company focused on discovering, developing, and delivering innovative treatments for rare disease patients around the world. The company’s lead product candidate, Tesomet, is in mid-stage clinical trials for the rare diseases Prader-Willi syndrome and hypothalamic obesity. Saniona also has a broad pipeline derived from its proprietary ion channel discovery platform, with lead candidate SAN711 entering Phase 1 studies for rare neuropathic disorders. Saniona intends to develop and commercialize its rare disease products internally. The company has out-licensed other programs, which may provide future supplemental revenue. Saniona is based in Copenhagen, Denmark and Boston, Mass., U.S. The company’s shares are listed on Nasdaq Stockholm Small Cap (OMX: SANION). Read more at www.saniona.com.
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
USD TENDER OPERATION ANNOUNCEMENT19.1.2021 16:20:00 CET | Press release
Bid date, 2021-01-21Bid Date2021-01-21Bid times14.00-14.30 (CET/CEST) on the Bid dateOfferent AmountUSD 10 billionMaximum Permitted Volume of BidsUSD 4 billion from an individual institutionSettlement Date2021-01-25Minimum Permitted Bid Volume100 USD million per bidMaximum Allocation40 per cent of the Offerend amountAllocation timeNot later than 15.00 (CET/CEST) on the Bid dateMaturity Date2021-04-19Maximum Number of Bids10 per individual institutionLowest Interest Supplement0.25 percentage pointsConfirmation of bids to email@example.com Stockholm, 2021-01-19 This is a translation of the special terms and conditions published on www.riksbank.se. In the case of any inconsistency between the English translation and the Swedish language version, the Swedish language version shall prevail. Complete terms and conditions can be retrieved at www.riksbank.se.
Rhotex Inc Launches Environmentally-Sound Options to Crypto Mining19.1.2021 16:07:39 CET | Press release
TORONTO, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Rhotex ( www.rhotex.com ) has officially launched 3 miner cases configured with an in-built factory cooling system to ensure 100% efficiency as the chips generate heat. From Rhotex, this first of its kind innovation designed by seasoned crypto industry experts provides an environmentally responsible solution to today's challenges with the traditional miners by consuming lesser power supply compared to the output performance. Rhotex currently offers a range of products in their new offer: RHO Lite, RHO Pro, and RHO Rack, which come with incredible features such as low power consumption, high-performance output, Wi-Fi/ Ethernet connection, easy setup and productive compatibility with various blockchain options. These combined with its inbuilt cooling system increases expected hash rate conversion hence giving it an edge in the industry. All products in the RHO series were painstakingly analyzed and tried under intense conditions. Rhotex Inc.'s a
NetAlly Announces Major Enhancements to AirMapper Ecosystem for More Efficient Workflows in Wi-Fi Deployment and Validation19.1.2021 15:34:01 CET | Press release
Multiple enhancements include simultaneous active and passive site surveys, simplified project management in Link-Live cloud service, saving time and enabling collaboration. COLORADO SPRINGS, Colo., Jan. 19, 2021 (GLOBE NEWSWIRE) -- NetAlly announced additional enhancements to its AirMapper™ Wi-Fi site survey ecosystem of products, promising enhancements in customer workflows by simplifying the process of managing survey projects via their complimentary Link-Live™ cloud service. Just last summer, NetAlly announced the AirMapper Ecosystem, comprised of AirMapper Site Survey on the AirCheck® G2 and EtherScope® nXG instruments, with site heatmapping in the Link-Live cloud service, or AirMagnet® Survey PRO software. The handheld instruments allow Wi-Fi network professionals (and even non-experts) to perform a site survey without the need to carry around a laptop, use dongles, or tethered devices, while the cloud service provides a central repository and processing for creating, analyzing,
Payment Technology to Propel Post-COVID Travel Rebound in 202119.1.2021 15:00:00 CET | Press release
International Payments Leader Nuvei Partners with Edgar, Dunn & Company to Share Best Practices on Growth Strategies for Travel Operators MONTREAL, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Nuvei (TSX: NVEI and NVEI.U), the payment technology partner of thriving brands, today announced the release of "Redefining travel payments in the post-COVID-19 era," a white paper report and survey pinpointing growth strategies for travel operators in the aftermath of the pandemic, driven by payment technology. Produced in collaboration with Edgar, Dunn & Company (“EDC”), with participation from Visa, this comprehensive study contains data, insights and actionable intelligence for the travel sector as it plans its 2021 comeback, including the critical importance of a digital-first strategy, the most effective and innovative payment models to adopt, and what organizational changes could more swiftly catalyze growth opportunities. The COVID-19 pandemic and its related quarantines and travel restrictions dram
Disclosure Under Chapter 9 Section 5 of the Securities Market Act (BlackRock, Inc.)19.1.2021 14:50:00 CET | Press release
SAMPO PLC STOCK EXCHANGE RELEASE 19 January 2021 at 3:50 pm Disclosure Under Chapter 9 Section 5 of the Securities Market Act (BlackRock, Inc.) Sampo plc (business code 0142213-3) has received a disclosure under Chapter 9, Section 5 of the Securities Markets Act, according to which the total number of Sampo A shares (ISIN: FI009003305) owned directly, indirectly or through financial instruments by BlackRock, Inc. (USA tax ID 32-0174421) and its funds decreased on 18 January 2021 below five (5) per cent of Sampo plc's total stock. Sampo's share capital comprises 555,351,850 shares, of which 554,151,850 are A shares and 1,200,000 are B shares. Each A share entitles its holder to one (1) vote and each B share to five (5) votes. Thus, the total number of votes is 560,151,850. Total positions of BlackRock, Inc and its funds subject to the notification: % of shares and voting rights (total of A)% of shares and voting rights through financial instruments (total of B)Total of both in % (A+B)Re
Vertex Extends Relationship with Adobe as a Premier Partner in the Adobe Exchange Program19.1.2021 14:37:00 CET | Press release
Partnership and integrated tax software simplify tax compliance, creating seamless customer experience for customers KING OF PRUSSIA, Pa., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a leading provider of tax technology and services, announced that it is extending its relationship with Adobe as a Premier Partner in the Adobe Exchange Program. Vertex will continue to provide seamlessly integrated tax calculation functionality for Magento Commerce, part of Adobe Experience Cloud. Vertex delivers a tax technology automation solution to Magento Commerce merchants that need to collect sales tax, as well as file and pay returns. The constant changes in rules and rates across jurisdictions, states, and products create a need for automated software to accurately calculate tax throughout the complete purchase lifecycle. Vertex is among a select number of partner technologies bundled into core Magento Commerce code in order to simplify the onboarding
XBiotech Announces Cerebrovascular Medical Advisory Board & Development of New Stroke Therapy19.1.2021 14:15:00 CET | Press release
Appointments Include: Chair, Clay Johnston, M.D., Ph.D. as well as Members Greg Albers, M.D. and Brett Cucchiara, M.D. AUSTIN, Texas, Jan. 19, 2021 (GLOBE NEWSWIRE) -- XBiotech Inc. (NASDAQ: XBIT) announced today the first meeting of its Cerebrovascular Medical Advisory Board (CMAB). The CMAB is comprised of key opinion leaders who specialize in cerebrovascular diseases including ischemic stroke, which is the third leading cause of death and second leading cause of disability in the world. The CMAB is chaired by Clay Johnston, M.D., Ph.D., Dean of Dell Medical School, Vice President for Medical Affairs, University of Texas, Austin. Members of the board include Greg Albers, M.D., Director of Stanford University Stroke Center, and Brett Cucchiara, M.D., Director of the Neurovascular Ultrasound Laboratory at the University of Pennsylvania. The CMAB is providing expert Medical and Clinical guidance for XBiotech’s new candidate neuroprotectant, anti-inflammatory True Human™ antibody therapy