Theratechnologies To Announce Financial Results For Fourth Quarter And Fiscal Year 2020

On February 11, 2021 Theratechnologies Inc. (TSX: TH) (NASDAQ: THTX) (Theratechnologies), a biopharmaceutical company focused on the development and commercialization of innovative therapies reported that it will issue its financial results for the fourth quarter and fiscal year ended November 30, 2020 on Thursday, February 25, 2021 (Press release, Theratechnologies, FEB 11, 2021, View Source [SID1234574992]).

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A conference call will be held on February 25, 2021 at 8:30 a.m. (ET) to discuss the results. The call will be hosted by Paul Lévesque, President and Chief Executive Officer. The conference call will be open to questions from financial analysts. Media and other interested individuals are invited to participate in the call on a "listen-only" basis.

The conference call can be accessed by dialing 1-844-400-1697 (toll free) or 1-703-736-7400 (International). The conference call will also be accessible via webcast at View Source Audio replay of the conference call will be available on the same day starting at 12:00 p.m. (ET) until March 04, 2021, by dialing 1-855-859-2056 (North America) or 1-404-537-3406 (International) and by entering the access code: 8274898. The audio replay is also available until February 25, 2022 on View Source

Full-year 2020 results

On February 11, 2021 AstraZeneca reported strong results in the year, in line with guidance that was reconfirmed during the year (Press release, AstraZeneca, FEB 11, 2021, View Source [SID1234574970]). With over half of Total Revenue coming from the fast-growing new medicines1, the Company leveraged its revenue growth to make further progress in profitability, while the strategy of sustainable growth through innovation brought numerous further benefits for patients. AstraZeneca’s patient-centric strategy, focus on innovation and capital-allocation priorities remain unchanged, with sustainable long-term growth in revenue, profit and cash generation set to continue.

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Pascal Soriot, Chief Executive Officer, commented: "The performance last year marked a significant step forward for AstraZeneca. Despite the significant impact from the pandemic, we delivered double-digit revenue growth to leverage improved profitability and cash generation. The consistent achievements in the pipeline, the accelerating performance of our business and the progress of the COVID-19 vaccine demonstrated what we can achieve, while the proposed acquisition of Alexion is intended to accelerate our scientific and commercial evolution even further.

Additional investment in new medicines continued to fuel our rapidly growing oncology and biopharmaceuticals therapy areas. Tagrisso’s future was enhanced with its first regulatory approval in early, potentially-curable lung cancer and further national reimbursement in China in advanced disease. Farxiga again expanded its potential beyond diabetes, while tezepelumab promised real hope for patients suffering from severe asthma. Thanks to the focus on an industry-leading pipeline and consistent execution, I am confident that we will continue to deliver more progress for patients and sustained, compelling results."

Corporate Presenation

On February 11, 2021 AstraZeneca Presented the Corporate Presentaion (Presentation, AstraZeneca, FEB 11, 2021, View Source [SID1234574969])

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Thermo Fisher Scientific Invests $25 Million to Support Black Communities and Businesses in the U.S.

On February 11, 2021 Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, reported it has committed to investing up to $25 million in minority-serving financial institutions (Press release, Thermo Fisher Scientific, FEB 11, 2021, View Source [SID1234574968]).

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"Unequal access to capital is hurting Black-owned businesses, Black entrepreneurs and Black communities in the United States," said Marc N. Casper, chairman, president and chief executive officer of Thermo Fisher Scientific. "Minority-serving financial institutions provide a bridge to empowering historically disenfranchised communities. For Thermo Fisher, supporting these institutions is part of our commitment to addressing inequalities through our business and hiring practices."

The company has committed $20 million to the Black Economic Development Fund (BEDF), which was launched by the Local Initiatives Support Corporation (LISC) to increase financing to Black-led financial institutions, anchor institutions, and businesses. LISC is one of the nation’s oldest and largest Community Development Financial Institutions (CDFIs) and has invested more than $22 billion to expand economic opportunity in nearly every state.

"We know from experience that when investments address racial disparities in health, wealth and opportunity, they also help fuel lasting economic growth," said George Ashton, president of LISC Fund Management, LLC, which oversees the BEDF. "Forward-looking companies like Thermo Fisher are making impact investments that break down barriers and bridge capital gaps for Black businesses, which ultimately helps our economy work better for everyone."

In addition, Thermo Fisher will deposit $5 million in Hope Credit Union’s Transformational Deposits program. Hope Credit Union seeks to provide financing to low-wealth families, people of color and financially underserved communities to finance small businesses, housing, healthcare and other vital needs. HOPE uses Transformational Deposits to import the capital needed to increase economic opportunities for individuals and families across five Deep South states (Mississippi, Alabama, Arkansas, Tennessee, and Louisiana).

"Investments in Black owned financial institutions are a proven way to advance economic mobility," said Bill Bynum, chief executive officer, Hope Credit Union. "Black owned financial institutions are more likely to lend to businesses, support employment and locate in Black communities. Thermo Fisher’s Transformational Deposit is an important step towards closing the racial wealth gap."

In addition to these investments, in August 2020 Thermo Fisher launched "The Just Project" with a donation of $25 million in diagnostic instruments, test kits and related supplies to support the safe reopening of historically black colleges and universities (HBCUs) in the U.S. The company also announced that it is committed to hiring at least 500 students from HBCUs over the next three years.

PTC Therapeutics to Host Conference Call to Discuss Fourth Quarter and Year-End 2020 Financial Results

On February 11, 2021 PTC Therapeutics, Inc. (NASDAQ: PTCT) reported that the Company will host a webcast conference call to report its fourth quarter and year-end 2020 financial results and provide an update on the company’s business and outlook on Thursday, February 25, 2021 at 4:30 p.m. (ET) after the closing of the market (Press release, PTC Therapeutics, FEB 11, 2021, https://www.prnewswire.com/news-releases/ptc-therapeutics-to-host-conference-call-to-discuss-fourth-quarter-and-year-end-2020-financial-results-301225991.html [SID1234574967]).

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The call can be accessed by dialing (877) 303-9216 (domestic) or (973) 935-8152 (international) five minutes prior to the start of the call and providing the passcode 2174406. A live, listen-only webcast of the conference call can be accessed on the investor relations section of the PTC website at www.ptcbio.com. A webcast replay of the call will be available approximately two hours after completion of the call and will be archived on the company’s website for 30 days following the call.