Fintech PR
Innocan Pharma Reports Q3 2023 Results Including US$3.334M Increase in Revenues Compared to Q3, 2022
- US$4.083M Revenues for Q3 2023 compared to US$749,000 for Q3 2022, representing an increase of 445%
- US$3.664M Gross Profit for Q3 2023 compared to USD 715,000 for Q3 2022, representing an increase of approximately 412%
HERZLIYA, Israel and CALGARY, Alberta, Nov. 29, 2023 /PRNewswire/ — Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTC: INNPF) (the “Company” or “Innocan”), a pharmaceutical technology company focusing on developing innovative drug delivery platform technologies and owner of a proprietary intellectual property portfolio, is pleased to announce its financial results for the three and nine months period ended September 30, 2023.
“We are thrilled with the significant growth we achieved in the third quarter,” says Iris Bincovich, CEO of Innocan. “Our strategic focus on the midterm-goal of FDA approvals for our LPT-CBD-loaded liposome platform, alongside the robust sales from our subsidiary, B.I. Sky Global Ltd., have significantly contributed to this increase in both revenue and gross profit. We remain committed to our vision and are optimistic about the future.”
Financial highlights for the third quarter of 2023:
- Revenue: The Company posted US$4.083M in revenue for the three months ended September 30, 2023, marking an increase of US$3.334M compared to the three months ended September 30, 2022. This surge in revenue is primarily attributable to the robust sales performance of Innocan’s subsidiary, B.I. Sky Global Ltd.
- Gross Profit: For the three months ended September 30, 2023, the Company reported a gross profit of US$3.664M, compared to US$715,000 for the three months ended September 30, 2022, representing an increase of US$2.949M.
- Cash Balance: As of September 30, 2023, the Company’s cash balance was US$4.024M.
For a comprehensive understanding of Innocan’s consolidated financial statements and related management’s discussion and analysis for the three and nine months period ended September 30, 2023, please visit the Company’s profile at www.sedarplus.ca.
About Innocan
Innocan is a pharmaceutical tech company that operates under two main segments: Pharmaceuticals and Consumer Wellness. In the Pharmaceuticals segment, Innocan focuses on developing innovative drug delivery platform technologies comprises with cannabinoids science, to treat various conditions to improve patients’ quality of life. This segment involves two drug delivery technologies: (i) LPT CBD-loaded liposome platform facilitating exact dosing and the prolonged and controlled release of CBD into the blood stream. The LPT delivery platform research is in the preclinical trial phase for two indications: Chronic Pain Management and Epilepsy and Pain Management. (ii) CLX CBD-loaded exosomes platform that may hold the potential to provide a highly synergistic effect of regenerating and anti-inflammatory properties targeting the Central Nervous System (CNS). In the Consumer Wellness segment, Innocan develops and markets a wide portfolio of innovative and high-performance self-care products to promote a healthier lifestyle. Under this segment Innocan has established a Joint Venture by the name of BI Sky Global Ltd. that focuses developing on advanced targeted online sales. https://innocanpharma.com/
For further information, please contact:
For Innocan Pharma Corporation:
Iris Bincovich, CEO
+1-516-210-4025
+972-54-3012842
+442037699377
info@innocanpharma.com
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Caution regarding forward-looking information
Certain information set forth in this news release, including, without limitation, information regarding research and development, collaborations, the filing of potential applications with the FDA and other regulatory authorities, the potential achievement of future regulatory milestones, the potential for treatment of conditions and other therapeutic effects resulting from research activities and/or the Company’s products, requisite regulatory approvals and the timing for market entry, is forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information is subject to numerous risks and uncertainties, some of which are beyond Innocan’s control. The forward-looking information contained in this news release is based on certain key expectations and assumptions made by Innocan, including expectations and assumptions concerning the anticipated benefits of the products, satisfaction of regulatory requirements in various jurisdictions and satisfactory completion of requisite production and distribution arrangements.
Forward-looking information is subject to various risks and uncertainties which could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this news release. The key risks and uncertainties include but are not limited to: general global and local (national) economic, market and business conditions; governmental and regulatory requirements and actions by governmental authorities; and relationships with suppliers, manufacturers, customers, business partners and competitors. There are also risks that are inherent in the nature of product distribution, including import / export matters and the failure to obtain any required regulatory and other approvals (or to do so in a timely manner) and availability in each market of product inputs and finished products. The anticipated timeline for entry to markets may change for a number of reasons, including the inability to secure necessary regulatory requirements, or the need for additional time to conclude and/or satisfy the manufacturing and distribution arrangements. As a result of the foregoing, readers should not place undue reliance on the forward-looking information contained in this news release concerning the timing of launch of product distribution. A comprehensive discussion of other risks that impact Innocan can also be found in Innocan’s public reports and filings which are available under Innocan’s profile at www.sedarplus.ca.
Readers are cautioned that undue reliance should not be placed on forward-looking information as actual results may vary materially from the forward-looking information. Innocan does not undertake to update, correct or revise any forward-looking information as a result of any new information, future events or otherwise, except as may be required by applicable law.
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Fintech PR
Longsys Highlighted Reliable Industrial and Automotive Storage Innovations at Embedded World 2025
NUREMBERG, Germany, March 14, 2025 /PRNewswire/ — Longsys (301308.SZ) successfully showcased its latest industrial and automotive storage solutions at Embedded World 2025 under the theme “Reliable Storage Empower the Industrial World.” The company highlighted its PTM (Product Technology Manufacturing) full-stack customization business model, demonstrating how its tailored storage solutions support industrial automation, smart manufacturing, and automotive applications.
Industrial-Grade Storage: High Performance & Reliability
At the event, Longsys unveiled its next-generation industrial storage solutions, including:
- Industrial DDR5 DIMM – Supported ECC error correction, wide-temperature operation (-40°C to 85°C), and anti-sulfuration, ensuring reliability in industrial environments.
- Industrial PCIe Gen4 SSD – Featured hardware PLP, anti-sulfuration, and LDPC error correction, delivering high-speed performance in AI-driven industrial applications.
- 4TB Industrial SATA SSD – Offered pSLC technology, temperature control, and high endurance, designed for long-duration, high-load operations.
Flash + DRAM: Comprehensive Automotive Storage Solutions
Longsys also presented its comprehensive automotive storage portfolio, integrating automotive LPDDR4x, UFS, eMMC, and SPI NAND Flash. These products passed AEC-Q100 Grade 2/3 testing and are IATF 16949-certified, supporting applications such as ADAS, in-vehicle infotainment, and autonomous driving. Key highlights included:
- Automotive LPDDR4x – Delivered 4266Mbps speed, ultra-low power consumption, and won Best-in-Show at electronica 2024.
- XS400 Automotive Surveillance SSD – Supported 24-channel 1080p HD video recording, ideal for commercial fleet vehicles.
PTM Full-Stack Customization: Flexible Solutions for Automotive & Industrial Applications
Longsys’ PTM (Product Technology Manufacturing) full-stack customization business model provides tailor-made storage solutions for industrial and automotive applications.
- Industrial Storage Customization – Addressing form factor limitations in automation, DPU intelligent networking, and industrial computing, Longsys offers custom SSD and DIMM configurations optimized for specific hardware structures, firmware, and environmental conditions.
- Automotive Storage Customization – Supporting long product lifecycles and stringent automotive-grade requirements, Longsys operates its own in-house packaging and testing facilities to deliver highly reliable, application-specific automotive storage solutions.
With in-house manufacturing and testing centers in Suzhou, South America, and Zhongshan, Longsys ensured a stable, high-quality supply chain. Longsys continues to strengthen its presence in high-reliability storage solutions.
About Longsys
Founded in 1999, Longsys (301308.SZ) is a globally leading branded semiconductor memory enterprise, integrating R&D, design, packaging and testing, manufacturing, and sales services. Longsys upholds the corporate vision of “Everything for memory.” With memory technology innovation at its core, Longsys provides high-end, flexible, and efficient full-stack customized services to global customers. For more information please visit https://www.longsys.com/, and follow Longsys on LinkedIn, Facebook and Twitter.
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Fintech PR
Baron Evans of Sealand and PR Guru Paul Holmes to Lead Davos Communications Summit 2025 on April 10 in Switzerland
The former UK Labour Party General Secretary David Evans will reveal the key strategies behind multiple election victories – lessons that apply beyond politics
DAVOS, Switzerland, March 14, 2025 /PRNewswire/ — Two of the most influential voices in strategic communication – Baron Evans of Sealand and Paul Holmes, will take center stage at the Davos Communications Summit & Awards 2025 on April 10 at the Davos Congress Center. With decades of experience shaping communication victories, global PR trends, and corporate strategies, they will deliver game-changing insights into leadership, messaging, and what’s next in the AI era. Secure your seat now at wcfasummit.com.
Baron Evans of Sealand, member of the House of Lords, former UK Labour Party General Secretary, and Senior Advisor to the Washington DC based Progressive Policy Institute, will deliver a keynote speech on “Win ’24 – The Great Journey from Defeat to Victory,” offering key takeaways of his electoral success applicable to business, politics, and global communications. Joining him is Paul Holmes, founder of PRovoke Media and one of the most respected voices in public relations. His keynote, “AI and 2025 Trends in Public Communications“, will explore how AI is revolutionizing corporate messaging and brand engagement, shaping the next era of strategic communication.
“Successful communication isn’t just about delivering a message – it’s about understanding the people who need to hear it. Reconnecting with key parts of our voting coalition required more than just messaging – it demanded deep insight, a sharp strategic focus, and clear, consistent communication. At Davos Communications Summit 2025, I’ll break down the practical strategies behind this success and how they apply far beyond politics – to anyone looking to influence, engage, and lead effectively,” commented Baron Evans of Sealand.
The Davos Communications Summit & Awards 2025, hosted by the World Communications Forum Association (WCFA), will take place in Davos on April 9-11 and welcomes business and communication professionals to join for a two-day conference and gala dinner.
Among the distinguished speakers, representing Europe, North America, Africa and Asia, are also: Guntram Kaiser, Founder of KaiserCommunication GmbH, Stuart Bruce, PR Futurist & Co-Founder at Purposeful Relations, Catherine Hernandez-Blades, Independent Board Director, Chetna Krishna, Communications Officer at CERN, Iryna Zolotarevych, Advisor to the Minister of Social Policy of Ukraine, Kateryna Doroshevska, Founder & CEO, BECOME PR agency, Katja Fasink, CEO, key7 Communications, Kirsty Leighton, Founder & Group CEO at Milk & Honey PR; Laura Baxter, CEO of Castle Mount Media GmbH; Mary Beth West, Senior Strategist, Mike Southon, Entrepreneur Mentor, The Beermat Entrepreneur, Paul Holmes, Founder at PRovoke Media, Sanjiv Winayak, Senior Client Director/Head of AI at Milk & Honey, Sophie Reymond, Public Relations Consultant and Founder at SRPR, Syed Bukhari, Senior Manager Strategic Communications & Visibility at American University of Sharjah, Tatevik Simonian, Director Communications & International Relations, SPRING PR, Thabisile Phumo, Executive Vice President Stakeholder Relations at Sibanye-Stillwater, Viroslava Novosylna, CEO & Founder at SLOVA PR.
For the first time, the Davos Communications Awards Ceremony will be held in person during the Gala Dinner on April 10, recognizing excellence in public relations, corporate communications, and industry innovation worldwide. All communication experts, agencies and in-house teams are invited to submit their work at www.davosawards.com.
The Davos Communications Summit & Awards 2025 is in cooperation with the Public Relations and Communications Association (PRCA) and is proudly supported by The #PREthics Community as the gold sponsor and Brain 4 Strategy as the silver sponsor. The official media partner is PR Newswire, part of Cision Group Ltd.
About World Communications Forum:
Founded in 2010 in Davos, Switzerland, the World Communications Forum Association is a premier global platform for networking, knowledge exchange, and industry development, focused on upgrading its members’ expertise and to be an active voice in business, society and politics. WCFA’s flagship event, the World Communications Forum, has been hosted in major cities worldwide, including Istanbul, Prague, Moscow, New York City, Kuala Lumpur, Mumbai, Mexico City, Lusaka, Cape Town, and Geneva. In 2020, the association launched the Global Communications Summit on Zoom, bringing together over 450 global experts to establish the Tenets for Ethical Communications, endorsed by 135 industry leaders from 36 countries.
For more information, contact:
Maxim Behar, WCFA President
mainoffice@wcfaglobal.com
+359 888 50 31 13
www.wcfaglobal.com
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VICTORIA, Seychelles, March 14, 2025 /PRNewswire/ — KuCoin, a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.
This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin’s performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.
To help everyone to better keep up with the dynamics of the market, the report features a calendar of key events in March that are expected to impact the crypto markets. This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.
This is a testament to KuCoin’s ongoing commitment to education and excellence in the crypto trading space. New users are also welcomed to join the latest Trading Bot Carnival to stand a chance of getting various types of rewards. Users are encouraged to read through risk warnings before proceeding to investing.
For a full report and access to the educational resources provided by KuCoin, please visit KuCoin Official Website.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.
KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.
Disclaimer: This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions or any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances.
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