Ligand Innovation Global
“In interpreting the feedback from the FDA, together with our FDA counsel at Hogan Lovells, it is our understanding that emergency approvals typically would involve a situational review and then an in-depth product review for safety and quality. In this case, we understand that the FDA only conducted a situational review and arrived at the conclusion that given the current situation with therapeutics and vaccines, ventilators are no longer considered critical. As such, the FDA is no longer issuing emergency approvals, and in fact, is now requiring those ventilator manufacturers who did receive emergency approvals, to file for a full approval,” stated Ligand CEO, Dr. Dayo Olakulehin. “Our prime focus is now the preparation of a full application to the FDA, while continuing to explore alternate jurisdictions. As we speak, our attorneys at Hogan Lovells are preparing for a pre-submission meeting with the FDA prior to submitting a 510k application for full approval.”
In the meantime, Ligand has fulfilled a request for a demo unit from the
Maverick Energy Group
On
On
About
Ligand IG continues development of the LifeAir G1 Emergency Portable Ventilator, also known as the VitaCaeli Portable Ventilator to address the expense of conventional ventilator systems which require the intubation and sedation of the patient. Ligand IG expects these units to become readily available, at a greatly reduced cost, to hospitals, nursing homes, and other sites where emergency, life-saving equipment, such as defibrillators are a necessity. Additional information regarding Ligand IG can be found at www.LigandGlobal.com.
About
WNFT is now in discussions/negotiations to acquire assets in the NFT (Non-Fungible Tokens) and Blockchain space. NFTs can be exchanged or traded equivalently like other cryptographic assets as they are financial securities consisting of digital data stored in a blockchain, a form of distributed ledger. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded.
About
Forwardly is an opportunity investor seeking to partner in fresh ideas. The company is headed by
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control.
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