Venture Market News for January 24, 2019
- AIT Enters into $32.5 million Commercial Licensing Agreement with Circassia Pharmaceuticals for Its Novel Nitric Oxide Generator and Delivery System for Use in the Hospital Setting in the United States and China
Additionally, AIT to garner a 15%-20% royalty on gross profit
AIT will immediately request to be listed on the NASDAQ stock exchange
PMA submission on track for the second quarter of 2019
Company to host a call today, Thursday, January 24, 2019 at 8:30am ET
GARDEN CITY, N.Y. and REHOVOT, Israel, Jan. 24, 2019 (GLOBE NEWSWIRE) — AIT Therapeutics, Inc. (OTCQB: AITB), a clinical-stage medical device and biopharmaceutical company focused on developing inhaled Nitric Oxide (NO) for the treatment of patients with respiratory conditions including serious lung infections and pulmonary hypertension, today announced it has licensed the commercial rights for its novel cylinder free nitric oxide (NO) generator and phasic-flow delivery system (AirNOvent*) in the United States and China for use in the hospital setting at NO concentrations < 80 ppm to Circassia Pharmaceuticals plc.
- OTC Markets Group Announces the 2019 OTCQX Best 50
NEW YORK, Jan. 24, 2019 /CNW/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of the OTCQX®, OTCQB® and Pink® financial markets for 10,000 U.S. and global securities, today announced the 2019 OTCQX® Best 50, a ranking of top-performing OTCQX companies in the prior calendar year.
- Auxly Signs Definitive Agreement With Curative Cannabis
VANCOUVER, British Columbia, Jan. 24, 2019 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX.V: XLY) (OTCQX: CBWTF) (the “Company”) is pleased to announce that the Company has signed a definitive agreement (the “Transaction”) with 2368523 Ontario Limited (d/b/a) Curative Cannabis (“Curative”). The Company will acquire 46% of the common shares of Curative and enter into a long-term cannabis purchase and sale agreement to fund the construction and development costs of Curative’s cannabis cultivation facility in Chatham-Kent, Ontario (the “Facility”).
- Largo Resources Named Top Performing Company on 2019 OTCQX Best 50 List
TORONTO, Jan. 24, 2019 /PRNewswire/ – Largo Resources Ltd. (“Largo” or the “Company”) (TSX: LGO) (OTCQX: LGORF) is very pleased to announce it has ranked number one on the 2019 OTCQX® Best 50, a list of top performing companies traded on the OTCQX Best Market last year.
- Origin House Ranked Second on 2019 OTCQX Best 50
OTTAWA, Jan. 24, 2019 /CNW/ – CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) (“Origin House” or the “Company”), a leading North American cannabis products and brands company is pleased to announce it has been named to the 2019 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. Origin House was ranked as the second best-performing stock across sectors on the OTCQX Best Market in 2018 with a return of 58.9%.
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