Amyris To Host First Quarter 2020 Financial Results Conference Call On May 8

On May 4, 2020 Amyris, Inc. (Nasdaq: AMRS), a leading synthetic biology solutions provider, owner of Clean Beauty consumer brands and provider of proprietary functional ingredients, reported that the company will host a conference call for investors and analysts on Friday, May 8, 2020 at 6:00 a.m. PT (9:00 a.m. ET) to discuss its first quarter 2020 results (Press release, Amyris Biotechnologies, MAY 4, 2020, View Source [SID1234556979]).

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The press release detailing first quarter 2020 results will be issued on the morning of May 8 prior to the call.

On the call, President and Chief Executive Officer John Melo, Chief Financial Officer Han Kieftenbeld, and Chief Operating Officer Eduardo Alvarez will discuss Amyris’ financial results, as well as the company’s business outlook and strategy.

Those who wish to listen to the conference call should dial into (888) 390-3967 (U.S. and International) and ask to be joined to the Amyris, Inc. call. A live webcast of the call will be available online on the Amyris website. To listen via live webcast, please visit: View Source

If you are unable to listen to the live call, the webcast will be archived on the company’s website. A replay of the webcast will be available on the Investor Relations section of the company’s website approximately two hours after the conclusion of the call.

Insmed Announces Proposed Public Offering of Common Stock

On May 4, 2020 Insmed Incorporated (Nasdaq: INSM) reported that it intends to offer and sell shares of its common stock in an underwritten public offering. In addition, Insmed intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering (Press release, Insmed, MAY 4, 2020, View Source [SID1234556978]). All of the shares to be sold in the offering are to be sold by Insmed. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

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SVB Leerink is acting as sole bookrunning manager for the offering.

A shelf registration statement on Form S-3 relating to the public offering of the shares of common stock described above has been filed with the Securities and Exchange Commission (SEC), as amended by Post-Effective Amendment No. 1 thereto, and became automatically effective upon filing on May 19, 2017. A preliminary prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus related to this offering may be obtained, when available, from SVB Leerink LLC, Attention: Syndicate Department, One Federal Street, 37th Floor, Boston, Massachusetts 02110, by telephone: 1-800-808-7525, ext. 6218 or by email at [email protected].

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

NuVasive to Participate in BofA Securities 2020 Healthcare Conference

On May 4, 2020 NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, reported that management will present at the virtual BofA Securities 2020 Healthcare Conference on Tuesday, May 12 at 5:00 p.m. ET/2:00 p.m. PT (Press release, NuVasive, MAY 4, 2020, View Source [SID1234556977]).

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A live webcast of the presentation will be available online from the Investor Relations page of the Company’s website at www.nuvasive.com. A replay of the presentation will remain available on the website for 30 days after the live webcast.

Marker Therapeutics to Host First Quarter 2020 Operating and Financial Results Conference Call and Webcast on Monday, May 11, 2020

On May 4, 2020 Marker Therapeutics, Inc. (Nasdaq:MRKR), a clinical-stage immuno-oncology company specializing in the development of next-generation T cell-based immunotherapies for the treatment of hematological malignancies and solid tumor indications, reported that it will host a conference call and webcast on Monday, May 11, 2020 at 5:00 p.m. Eastern Time to review its first quarter 2020 financial and operating results and provide a corporate update (Press release, Marker Therapeutics, MAY 4, 2020, View Source [SID1234556976]).

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The webcast will be accessible in the Investors section of the Company’s website at markertherapeutics.com. Individuals can participate in the conference call by dialing 877-407-8913 (domestic) or 201-689-8201 (international) and referring to the "Marker Therapeutics First Quarter 2020 Earnings Call."

The archived webcast will be available for replay on the Marker website following the event.

Luminex Corporation Reports First Quarter 2020 Results

On May 4, 2020 Luminex Corporation (Nasdaq: LMNX) reported results for its first quarter ended March 31, 2020 (Press release, Luminex, MAY 4, 2020, View Source [SID1234556975]).

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All amounts in this release are in conformity with U.S. generally accepted accounting principles ("GAAP").

CURRENT HIGHLIGHTS

Total revenue for the first quarter of $90.4M, a 10% increase over Q1 2019
Molecular Diagnostic revenue for the quarter of $45.2M, up 28% over Q1 2019
Sample-to-answer MDx revenue of $26.3M, up 38% over Q1 2019
Non-Automated MDx revenue of $18.9M, up 17% over Q1 2019
Life Science and Clinical Tools revenue for the quarter of $43.3M, down 6% vs. Q1 2019
Licensed Technologies Group revenue of $36.8M, up 5% over Q1 2019
Flow Cytometry revenue of $6.5M, down 42% vs. Q1 2019, but significantly impacted by the inability to install purchased systems and visit customers due to the COVID-19 pandemic
Placed a record 123 sample-to-answer systems in the quarter, dominated by ARIES Systems
Returned to profitability in the quarter with 56% gross margins, 2% operating margin and 1% net income
Emergency Use Authorizations (EUA) obtained for NxTAG CoV Extended Panel and ARIES SARS-CoV-2 Assay, supported by $1.2M in BARDA funding
Expanded current manufacturing capacity to produce more than 500,000 tests per month, with plans to expand to more than 800,000 tests per month by the end of Q2
Q2 revenue forecasted to be at or above $105M, with growth in excess of 26%
Expect 2020 revenue to be above the top end of previously communicated guidance range of $352 – $362 million
CEO COMMENTARY

"We are proud to be able to play an important role in addressing the current global COVID-19 pandemic. Our organization has been able to respond rapidly with beneficial product offerings to assist with diagnosing and treating this dangerous virus," said Nachum "Homi" Shamir, President & CEO. "As a result of the COVID-19 pandemic, we experienced a rapid acceleration of system placements, assay sales and revenue. We delivered a very strong first quarter, returning to profitability with significant revenue growth within our molecular diagnostics franchise. With our expanded manufacturing capacity for both automated and non-automated products and a robust product pipeline, we are well equipped to meet the evolving needs of our customers. Our ability to manage multiple projects as a team while responding to this global crisis has been nothing short of exceptional. Given the increased demand we are seeing into the foreseeable future, we are confident that we will exceed the top end of our previously communicated guidance range, but are unable to be specific at this time as a result of the uncertainty associated with the end of the pandemic."

2020 REVENUE GUIDANCE

The Company expects revenue for the 2nd Quarter will be at or above $105M. With respect to the full year, we are confident that we will beat the top end of our current revenue guidance of $362M, but are not able to provide an updated guidance range at this time due to the uncertainties that the COVID-19 pandemic is causing throughout the global economy. We anticipate being able to provide updated full-year revenue guidance in conjunction with our second quarter earnings release.

CONFERENCE CALL

Management will host a conference call at 4:00 p.m. Central Time / 5:00 p.m. EDT, Monday, May 4, 2020 to discuss operating highlights and financial results for the first quarter 2020. The conference call will be webcast live and may be accessed at Luminex Corporation’s website at investor.luminexcorp.com. Analysts may participate on the conference call by dialing (877) 930-7053 (U.S.) or (253) 336-7290 (outside the U.S.). The access code is 6418909. The webcast will be archived for six months on our website using the ‘replay’ link.