Tuesday, 20 Oct 2020

MediciNova’ COVID-19 Vaccine Induces Systemic Serum IgG, Mucosal IgA Neutralizing Antibodies In Mice

London police attacked with acid during drugs raid – 10 officers rushed to hospital

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Earlier today firearms officers attended an industrial area in Dale Close, Barnet as part of an anti-drugs operation.

They were injured by a “suspected corrosive substance” at the scene.

More to follow…

Covid-19 Cases in America Are Climbing as Autumn Starts

The 200,000-plus death toll isn’t the only concerning Covid-19 metric for the U.S. The seven-day average of new cases has been on an upward trajectory, topping 40,000 again on Tuesday, the start of autumn in the Northern Hemisphere. “It is what many of us feared would happen” as people take more risks and schools and colleges reopen, said Greg Poland, a professor of medicine at the Mayo Clinic in Rochester, Minnesota. “Clearly, we are seeing increased outbreaks.”

Stock Alert: ZoomInfo Technologies Up 6% On Higher Rating

Shares of ZoomInfo Technologies Inc. (ZI) are rising almost 6 percent or $2.01 in Wednesday’s morning trade at $36.43.

According to reports, Wells Fargo upgraded ZoomInfo to ‘Overweight’ from ‘Equal Weight’, citing the company’s growth prospects.

Vancouver, Washington-based ZoomInfo Technologies operates a cloud-based go-to-market intelligence platform.

ZoomInfo Technologies has traded in a range of $30.83 to $64.40 in the past 52 weeks.

Stock Alert: JinkoSolar Hits 52-Week High

Shares of JinkoSolar Holding Co. Ltd. (JKS) touched a 52-week high of $31.98 Wednesday morning, and are currently trading at $30.85, up $3.19 or 11.53% in the regular trading session. Trading volume is rising over 3.54 million versus an average volume of 1.58 million shares.

Second-quarter net income attributable to the company’s ordinary shareholders was RMB318.0 million (US$45.0 million) compared with RMB125.4 million in the second quarter of 2019.

Non-GAAP net income attributable to the company’s ordinary shareholders was RMB376.1 million (US$53.2 million), compared to RMB202.9 million in the prior year period. Non-GAAP earnings per ADS were RMB8.46 (US$1.20) in the second quarter of 2020, higher than the previous year’s RMB4.87 per ADS.

Total revenues in the second quarter of 2020 were RMB8.45 billion (US$1.20 billion), an increase of 22.2% from RMB6.91 billion in the second quarter of 2019.

Kangping Chen, JinkoSolar’s Chief Executive Officer commented, “JinkoSolar delivered a strong quarter with total revenue exceeding guidance. Despite the tough economic environment around the world, total solar module shipments and gross margin for the quarter were all within our guidance range…”

Q3 Guidance

Total revenue for the third quarter is expected to be in the range of US$1.22 billion – US$1.30 billion. Six Wall Street analysts have a consensus revenue estimate of $1.22 billion for the quarter. Gross margin for the third quarter is expected to be between 17% and 19%.

AB InBev Plans Scholarship to Promote Black Employees in Brewing

Anheuser-Busch InBev SA is taking a series of measures aimed at diversifying the brewing industry including a scholarship that aims to increase the number of Black workers in its ranks.

In partnership with the United Negro College Fund, Anheuser-Busch, the North American subsidiary of AB InBev, will award 25 grants annually over five years to science, technology, engineering, and mathematics majors, the company said in a statement. The UNCF Budweiser Natalie Johnson Scholarship is named after the first Black female brewmaster at the company’s St. Louis brewery.

Companies are stepping up their efforts to address racial and economic injustice in the wake of the protests following the recent killings of Black Americans such as George Floyd and Breonna Taylor. In the U.S., the brewing industry has remained overwhelmingly dominated by White workers, especially in the craft beer segment that’s driving growth.

Nine in 10 brewers at the country’s more than 8,000 independent breweries are White, according to a survey completed last year by the Brewers Association.

AB InBev’s scholarships are valued at $4,000 each. Five scholars who receive a paid internship at the company’s brewing and supply division in the U.S., the unit in which Johnson works, will also receive a $6,000 scholarship toward the final year of their degree.

U.S. blacklists individuals, entities linked to leader of IRA

WASHINGTON (Reuters) – The U.S. Treasury Department on Wednesday said it imposed sanctions on individuals and entities linked to the leader and financier of the Internet Research Agency (IRA), a “Russian troll farm.”

The Treasury in a statement said it imposed sanctions against “the network of Kremlin-connected Russian operative” Evgeny Prigozhin, a businessman with ties to Russian President Vladimir Putin.

MediciNova’ COVID-19 Vaccine Induces Systemic Serum IgG, Mucosal IgA Neutralizing Antibodies In Mice

MediciNova Inc.’s (MNOV) intranasal BC-PIV SARS-CoV-2 vaccine has successfully induced systemic serum IgG and mucosal IgA neutralizing antibodies against the S1 antigen (Ag) of SARS-CoV-2 in mice.

The SI protein of the virus is one of the key targets of COVID-19 vaccines. S1 contains a receptor-binding domain, allowing the virus to dock to body receptors, paving way for entry into cells and leading to infection.

The BC-PIV SARS-CoV-2 vaccine contains BC-PIV, an innovative non-transmissible viral vector derived from the recombinant human parainfluenza virus type 2 (hPIV2), and is co-developed by BioComo and Mie University.

MediciNova has an agreement with BioComo and Mie University for joint development of the BC-PIV SARS-CoV-2 vaccine.

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