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Exela Technologies Gets $90 Million Contract Award with Major US Health Insurer

Exela Technologies, Inc. (XELA) announced on March 9 that the company received a new $90 contract with a major US health insurance company. Exela Technologies is a global leader in business process automation and launched its PCH Global platform in September 2020 to combine its services with the power of automation technology and SaaS. This […]

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KemPharm gets FDA Approval for AZSTARYS™ to Treat ADHD

On March 2, KemPharm, Inc. (KMPH) announced that the FDA approved its New Drug Application (NDA) for the drug AZSTARYS™ (formerly referred to as KP415). The drug is a once-daily treatment for patients six-years-old and above who have attention deficit hyperactivity disorder (ADHD). AZSTARYS™ should be available as early as the second half of 2021 […]

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Affiliates of New Mountain Capital Acquire Aegean Corporation

Aegean Corporation (AEGN) announced on February 16 that the company entered into a definitive agreement for an acquisition by affiliates of New Mountain Capital, LLC. Aegean’s stockholders will receive a cash payout of $26 per share, which is a 28% premium over the stock’s 30-day moving average price. The deal values the enterprise at $963 […]

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Gilat Satellite Networks Awarded Contract for Telecom Systems at Peruvian Airports

Gilat Satellite Networks, Ltd. (GILT) announced on February 4 that the company was awarded a multi-million-dollar contract. Under the terms of the contract, Gilat will provide mission telecom systems for 29 airports in Peru. Gilat, a global leader in satellite-based broadband communications, has successfully completed several other large government projects in Peru.   Jet Equities […]

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