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Revenue increases 96% to $7.7 million for 2020
Projects to more than double in revenue for 2021 based on current contracts already in hand
Orgenesis to host conference call today at 8:30AM ET
GERMANTOWN, Md., March 09, 2021 (GLOBE NEWSWIRE)
. (NASDAQ:ORGS) ( Orgenesis or the Company ), a global biotech company working to unlock the full potential of cell and gene therapies (CGTs), today reported financial results for the year ended December 31, 2020 and provided a business update.
Vered Caplan, CEO of Orgenesis, commented, Just over a year ago, we completed the sale of one of our business divisions, which provided centralized manufacturing subcontracting services to cell and gene biotech companies. This activity was incorporated in the Masthercell subsidiary, a contract development manufacturing organization (CDMO). The CDMO was sold for $315 million, generating approximately $127 million of proceeds to Orgenesis. We determined it was the right time to sell Masth
Orgenesis Mobile Processing Units and Labs (OMPULs) to be Used for Point-of-Care Production and Commercialization of Cell and Gene Therapies in Collaboration with Dong-a University Hospital and Cure Therapeutics in South Korea globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
Caregility Launches Scholarship Program for Frontline Healthcare Workers
The Caregility Cares Essential Worker Scholarship program will award five $5,000 scholarships to healthcare workers or dependents pursuing higher education in the field of medicine
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EATONTOWN, N.J., Feb. 11, 2021 /PRNewswire/ Caregility, a company dedicated to delivering care to wherever the patient is located through the use of the Caregility Virtual Care Platform, announces the launch of the Caregility Cares Essential Worker Scholarship Program. The scholarship program aims to help fund the pursuit of higher education degrees in the field of medicine for healthcare workers and their families by awarding five $5,000 scholarships to high school seniors, undergraduates, and graduate students throughout the United States who are healthcare workers or dependents of healthcare workers pursuing a degree in nursing or other majors related to healthcare.
Caregility Ranked #1 In 2021 Best In KLAS: Virtual Care Platforms (Non-EMR)
Caregility’s Virtual Care Platform leads the market with overall score of 92.
Caregility, a company dedicated to delivering care to wherever the patient is located through the use of the Caregility Virtual Care Platform, announces that the Company has been ranked #1 in the 2021 Best in KLAS: Virtual Care Platforms (Non-EMR) report.
The Best in KLAS designation recognizes software and services companies who excel in helping healthcare professionals improve patient care. Rankings are a direct result of the feedback of thousands of providers over the last year. A Best in KLAS award signifies to the healthcare IT industry the commitment and partnership that top vendors provide.