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Molson Coors shares were up about 5% in premarket trading. The U.S. launch of the hard seltzer version will help Coca-Cola push further into alcoholic drinks and expand its market beyond Latin America and Japan, where it sells Lemon-Do drink. Molson Coors will launch Topo Chico in the first half of 2021, its third hard seltzer to hit the shelves....
It will be the beverage giant's first alcoholic drink in the country. The launch, planned for next year, will help Coca-Cola push further into alcoholic drinks and expand its market beyond Latin America and Japan, where it sells Lemon-Do drink. Coca-Cola bought the Topo Chico brand in 2017 from its second-largest bottling partner in Latin America, Arca Continental....
VICTORIA, BC, Sept. 29, 2020 /CNW/ - IMMUNOPRECISE ANTIBODIES LTD....
Sorrento Therapeutics Inc (NASDAQ: SRNE) shares are rising again following gains in the previous two sessions.What Happened: San Diego, California-based Sorrento, which is developing antibody treatments against SARS-CoV-2, said preclinical data showed its COVI-GUARD and COVI-AMG antibodies demonstrated potent neutralizing activities against the virus that caused COVID-19.COVI-GUARD is codenamed STI-1499 and COVI-AMG is codenamed STI-2020.In pre-clinical cell-based assays, both the antibodies showed 100% in vitro neutralization of SARS-CoV-2 at concentrations of 6 microgram/ml and 78 ng/ml, respectively, the company said. The observed neutralization activity protected against both SARS-CoV and the highly contagious Spike D614G isolate.Specifically, STI-2020, an affinity-matured version of the COVI-GUARD nAb, showed over 50-fold increase in potency in vitro experiments.Related Link: The Week Ahead In Biotech: FDA Decisions For Mesoblast And Eton, Coronavirus Vaccine UpdatesOutlining the key findings, Sorrento said infected hamsters treated with a single dose of 500mcg STI-2020 gained weight within 48 hours of administration compared to...
Beyond Meat goes big with Walmart....