Either way, Sorrento has been making progress with its various programs.The company is working on an antibody cocktail that will be capable of providing 100% protection against a SARS-CoV-2 coronavirus infection, one which will remain effective even if the virus mutates.Kolbert believes that through the U.S.'s Project Warp Speed, the cocktail could get a fast track to commercialization.The target took a step closer to fruition on September 17, when Sorrento got the go ahead from the FDA to proceed with the Phase 1 trial of its COVID-19 neutralizing antibody, code named COVI-Guard (STI-1499).The antibody demonstrated promising in vitro results as it was able to completely block the SARS-CoV-2 virus, making STI-1499 Sorrento's “lead candidate for potential cost-effective passive protection against COVID-19.”Additionally, while competitor Eli Lilly is currently further down the line in the COVID-19 neutralizing antibody race, it recently reported positive interim results in a placebo-controlled study of a compound similar to STI-1499. The dividend reduced the company’s equity to $4.48 billion at the end of June, down from $4.79 billion six months earlier.Louis-Dreyfus, who controls more than 96% of the holding company that owns LDC, has been taking big dividends over the past few years to help repay about $1 billion she borrowed to buy out other family members. The Covid-19 pandemic also may take a lasting toll on the value of his holdings, making future loans more onerous.His biggest financial vulnerabilities remain his hotel in Washington, where the pandemic has slowed business, and Doral, a sprawling golf resort in Florida. Takes 2 minutes. We’ve had numerous inquiries for this kind of solution and are pleased to be able to support our customers with this technology. More broadly, the portfolio should benefit from being focused in drivable, close-in Sunbelt suburbs.”In line with these comments, Lewis rates the stock a Buy. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict", and other similar terminology, or state that certain actions, events, or results "may", "could", "would", "might", or "will" be taken, occur, or be achieved. CubicFarms leverages its patented technology by operating its own R&D facility in Pitt Meadows, British Columbia, selling the System to growers, licensing its technology and providing vertical farming expertise to its customers. He predicted the mortgage crisis, oil’s fall from $100 to $40, and the March stock market bottom. Save you thousands each year. If you do not have a AgriTechTomorrow partner account, please register - it's free! If Nikola fails, GM won’t lose a dime.Milton has remained silent and is out of the company.
In the second quarter, when warmer weather normally leads to increased driving, the pandemic restrictions were also – at least partially – lifted, and TA reported a sudden turnaround, with a 59 cent EPS profit.
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