On Thursday, Signal Genetics Inc (NASDAQ:SGNL)’s shares declined -2.94% to $1.32.
Signal Genetics declared the grant of EU Patent Number 2537942 for its proprietary MyPRS(R) genetic test.
The patent, which was published on September 23, 2015, covers the use of the Company’s gene expression profiling assay to predict survival in multiple myeloma patients. With the patent in place, the Company plans to seek licensing opportunities with European partners in order to expand its global footprint for MyPRS(R).
Samuel D. Riccitelli, President and CEO of Signal Genetics, commented, “The grant of this patent by the European Patent Office is a key milestone for Signal as we seek to expand our presence outside of the United States. With this protection, we are well positioned to license MyPRS(R) to partners in several countries within the European Union and further aid physicians in their treatment of patients suffering from multiple myeloma. This is part of our long-term growth strategy to provide better access to our assay and expand our potential sources for revenue.”
Signal Genetics, Inc. is a commercial stage, molecular genetic diagnostic company focused on providing diagnostic services that help physicians to make decisions concerning the care of cancer patients. The Company develops, validates and delivers diagnostic services that enable patient-care decisions.
Antero Resources Corp (NYSE:AR)’s shares gained 0.18% to $21.94.
Antero Midstream Partners LP (AM) and Antero Resources Corp, jointly declared recently the closing of the formerly declared $1.05 billion water business drop down transaction, private placement of 12,898,000 Antero Midstream common units to a group of institutional investors, and net issuance of 10,988,421 Antero Midstream common units to Antero Resources.
Transaction Summary
In connection with the $1.05 billion transaction, the Partnership paid Antero Resources $552 million in cash and issued 23,886,421 common units representing limited partner interests in the Partnership to Antero Resources. Additionally, gross proceeds of $243 million from the Partnership’s private issuance of 12,898,000 common units have been paid to Antero Resources while the 23,886,421 of common units issued to Antero Resources has been reduced by the 12,898,000 common units issued in the private placement. Antero Resources now owns 116,870,335 combined common and subordinated units, representing about 66.5% of the outstanding limited partner interests in Antero Midstream.
Antero Resources Corporation is engaged in the exploitation, development, and acquisition of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to develop and produce natural gas, NGLs and oil from unconventional formations.
At the end of Thursday’s trade, CNH Industrial NV (NYSE:CNHI)‘s shares dipped -3.95% to $6.57.
CNH Industrial, has come out on top for the SITEVI Innovation Awards. The jury declared its winners ahead of SITEVI 2015, the international equipment and expertise exhibition for wine, olive, fruit and vegetable production, which will take place later this year from 24 – 26 November in Montpellier, France.
New Holland’s self-propelled grape harvesters received the recognition of the jury, who awarded a gold medal for the Blue Cab 4 and an honourable mention was awarded to the PLM™ Connect telematics system available on grape harvesters and the T4F/N/V orchard, narrow and vineyard tractor range.
The Blue Cab 4 is an innovative cab concept designed around the safety and well-being of the operator. It features the industry’s most advanced filtration system. PLM™ Connect is a telematics solution that enables vineyard managers to be well connected with their operation, allowing them to stay in direct contact with their fleet, receiving real time data on their computer or smartphone. The application of telematics is of increasing value as the wine growing sector consolidates, with fewer vineyard businesses working larger areas, and with the harvesting season getting shorter, the need for efficiency has significantly raised.
CNH Industrial NV is a Netherlands-based company primarily engaged in the manufacture of heavy machinery and vehicles equipment. It divides its activities into four main businesses. The Agricultural Equipment offers agricultural equipment under the New Holland Agriculture, Case IH brands and the Steyr brand.
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