Early 2014 Advancing Companies with Expansion & New Distribution Opportunities: RiceBran, Whole Foods, Hain Celestial, DryShips and Chelsea Therapeutics
CORAL SPRINGS, Florida, January 16, 2014 /PRNewswire/ --
News updates for NASDAQ companies making strides with financial results, new agreements & distribution opportunities: RiceBran Technologies (NASDAQ: RIBT), Whole Foods Market Inc. (NASDAQ: WFM), The Hain Celestial Group, Inc. (NASDAQ: HAIN), DryShips, Inc. (NASDAQ: DRYS) and Chelsea Therapeutics International Ltd. (NASDAQ: CHTP)
RiceBran Technologies (NASDAQ: RIBT), a global leader in the production and marketing of value added products derived from rice bran, today announced that it has entered into a multi-year distribution and supply agreement with Hela Spice Canada Inc. to sell the Company's stabilized rice bran and rice bran derivative products in Canada. Hela Spice Canada, a member of the Hela Gewurzwerk Herman Laue global network of companies, specializes in the design and formulation of custom blends for the meat, poultry, bakery and other sectors of the food industry. Under the terms of the multi-year Distribution and Supply Agreement, Hela Spice Canada will distribute RiceBran Technologies' RiBran family of stabilized rice bran ingredients and derivatives including RiBalance, RiSolubles and RiFiber throughout Canada.
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W. John Short, CEO & President of RiceBran Technologies, commented, "We are pleased to continue to strengthen our distribution network through this new alliance with Hela Spice Canada. We believe the Canadian market will be an important driver of future sales growth for our stabilized rice bran and derivative products in the coming years. Hela is a recognized leader in the formulation and supply of ingredients to the meat, poultry, bakery and other sectors of the food industry in Canada, making them a perfect partner for our expansion efforts."
Whole Foods Market Inc. (NASDAQ: WFM) recently announced it will issue financial results for the Company's first fiscal quarter ending January 19, 2014, after the market closes on Wednesday, February 12, 2014. Following the release via the wire services, the Company will host a conference call with financial analysts and investors from 4:00 - 4:30 p.m. (CT). To participate, dial 866-952-1906 (domestic) and 785-424-1825 (international). The conference ID is "Whole Foods." Please dial in at least five minutes before the start of the conference call. A simultaneous audio webcast will be available through a link on the Company's website at http://www.wholefoodsmarket.com/company/index.php. The webcast will be archived for a minimum of 30 days.
The Hain Celestial Group, Inc. (NASDAQ: HAIN) a leading organic and natural products company providing consumers with A Healthier Way of Life™, recently announced the acquisition of Tilda Limited ("Tilda"), a leading premium 100% branded Basmati and specialty rice products company. The Tilda brand offers a range of over 60 dry rice and ready-to-heat branded products under the names Tilda®, Akash® Basmati and Abu Shmagh® to consumers in over 40 countries, principally in the United Kingdom, the Middle East and North Africa ("MENA"), Continental Europe, North America and India.
DryShips, Inc. (NASDAQ: DRYS) a global provider of marine transportation services for drybulk and petroleum cargoes and through its majority owned subsidiary, Ocean Rig UDW Inc. ("Ocean Rig"), of offshore deepwater drilling services, recently announced that it intends to resume sales under its previously announced $200 million program of at the market issuances of its common shares through Evercore Group L.L.C. as its sales agent. To date, the Company has issued 6,892,233 common shares under the program resulting in gross proceeds of $24.1 million.
Chelsea Therapeutics International Ltd. (NASDAQ: CHTP) announced that the Food and Drug Administration's (FDA) Cardiovascular and Renal Drugs Advisory Committee (CRDAC) voted 16-1 to recommend approval of NORTHERA™ (droxidopa) for the treatment of symptomatic neurogenic orthostatic hypotension (nOH) in patients with primary autonomic failure (Parkinson's disease, multiple system atrophy and pure autonomic failure), dopamine beta hydroxylase deficiency and non-diabetic autonomic neuropathy. The FDA is not bound by the CRDAC's recommendation but will take it into consideration when reviewing the New Drug Application (NDA) for Northera. A Prescription Drug User Fee Act (PDUFA) action date for the Northera NDA has been scheduled for February 14, 2014.
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