Articles written by: Evan Dion

Aclaris Therapeutics Gets US Patent for Treating Seborrheic Keratosis

Aclaris Therapeutics Gets US Patent for Treating Seborrheic Keratosis

Aclaris Therapeutics (ACRS), a developer of therapies for aesthetic and medical dermatology and immunology, said early Wednesday that it was granted a US patent for covering methods of treating seborrheic keratosis, using a stabilized hydrogen peroxide composition. The Orange Book-listed patent no. 9,980,983, issued by the US Patent and Trademark Office, will last until April 2035, subject to any term […]

Titan Pharmaceuticals, Braeburn End License Agreement For Probuphine For Opioid Dependence

Titan Pharmaceuticals, Braeburn End License Agreement For Probuphine For Opioid Dependence

Titan Pharmaceuticals (TTNP) and pharmaceutical company Braeburn have agreed to terminate a license agreement that granted Braeburn exclusive rights to commercialize Probuphine, an opioid addiction treatment, in the US and Canada. Probuphine is a subdermal implant designed to deliver buprenorphine, an opioid used to treat opioid dependence, continuously for six months following a single treatment. Under the terms of the […]

Owens-Illinois to Shut Down Atlanta, Georgia Plant

Owens-Illinois to Shut Down Atlanta, Georgia Plant

Owens-Illinois (OI) said Wednesday that it has finalized plans to cease production at its Atlanta, Georgia plant, with the closure expected to occur on or after July 18. The glass container manufacturer said that it plans to “facilitate the closure in a respectful manner” for the about 250 employees that will be affected by the plant closure. Current customers of […]

Gray Television Tops Q1 Street Views on Earnings

Gray Television Tops Q1 Street Views on Earnings

Gray Television (GTN), an owner-operator of more than 100 television stations in the US, Tuesday reported earnings and revenue above Street views. The company reported Q1 EPS of $0.22, up from $0.14 reported a year earlier, and above the $0.16 Street view, as compiled by Capital IQ. Gray Television reported Q1 revenue of $226.2 million, up from 203.5 million reported […]

Generac Falls Even After Posting Q1 Adjusted EPS

Generac Falls Even After Posting Q1 Adjusted EPS

Generac Holdings (GNRC) shares fell more than 1% even as it posted Q1 adjusted EPS of $0.74 compared with $0.39 a year earlier and exceeding the $0.63 forecast by analysts in a Capital IQ poll. Revenue was $397.6 million compared with $330.5 million a year earlier. That topped the analyst consensus for $390.7 million. The company sees full-year net sales […]

Spire color logo (PRNewsFoto/The Laclede Group)

Spire Fiscal Q2 Adjusted Profit

Spire (SR), a distributor of natural gas, reported Wednesday fiscal Q2 net economic earnings of $2.83 per share, up from $2.38 per share in the year-ago quarter and higher than the $2.46 per share Street estimate provided by Capital IQ. Revenue for the quarter ended March 31 was $813.4 million, up from $663.4 million reported for the same period last […]

AMETEK Q1 Results Tops Estimates

AMETEK Q1 Results Tops Estimates

AMETEK (AME) earned a profit of $0.78 per share in Q1, up from $0.60 per share a year ago and above the Capital IQ consensus estimate of $0.72 per share. Total revenue increased to $1.17 billion from $1.00 billion and beat the estimated $1.12 billion. For Q2, the company, which manufactures electronic instruments and electromechanical devices, is expecting earnings to […]