On January 14, 2021, Laurel Hill Advisory Group
(
Laurel Hill ) and Fasken hosted a
webinar on ESG (environmental, social and governance)
considerations of which companies should be aware for the upcoming
2021 proxy season. The webinar s panelists were David Salmon of
Laurel Hill and Emilie Bundock, Stephen Erlichman and Grant
McGlaughlin of Fasken and was moderated by Gordon Raman of Fasken.
Set out below are some of the comments made by the speakers on the
webinar.
Background
The importance of ESG considerations in today s corporate
governance model has developed over the past 50 years. In the early
1970 s the Milton Friedman view of corporations was the
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Forbion, a leading European life sciences venture capital firm, today announces a $2.3m seed investment in newly formed CoviCept Therapeutics, Inc. (“CoviCept”), a California-based company that is developing a small molecule that inhibits the replication of SARS-CoV-2 (COVID-19) and other RNA viruses.
CoviCept’s lead molecule has a unique mechanism of action that is based on interference of a host cell protein and is therefore expected to have a low risk of viral resistance. It has been demonstrated to inhibit SARS-CoV-2 replication in a relevant mammalian model at a clinically relevant dose. A manufacturing process for the lead compound has been established and it has demonstrated good bioavailability and safety in humans in phase 1 studies.
Redwire Acquires Oakman Aerospace, A Leading Digitally Engineered Spacecraft and Satellite Design Firm
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JACKSONVILLE, Fla., Jan. 19, 2021 /PRNewswire/ Redwire, a new leader in mission critical space solutions and high reliability components for the next generation space economy, announced today that it has acquired Oakman Aerospace, Inc. (OAI) a leading provider of cutting-edge products and services related to digital engineering, spacecraft and satellite design and development, mission payload development, and data distribution services. Terms of the transaction were not disclosed. Oakman Aerospace adds a critical capability in digital engineering that will significantly enhance our space infrastructure solutions, said Peter Cannito, Chairman and CEO of Redwire. Their modular open systems architecture design and development approach and proprietary commercial off-the-shelf software suite is transforming the way future s
ProAmpac Announces Industry Breakthrough Recycle Ready Retort Pouches
ProAmpac Announces Industry Breakthrough Recycle Ready Retort Pouches Answering the unmet need for recycle ready retort packaging, flexible packaging leader, ProAmpac, announced its patent-pending breakthrough innovation ProActive Recycle Ready Retort RT-3000. Suited for pet and human food, RT-3000 pouches are available in both stand-up and three-side seal configurations and are EU and FDA compliant for food contact in retort applications. As a recycle ready mono-material, RT-3000 is focused on difficult-to-recycle multi-material applications like retort. As with other ProAmpac sustainable solutions, RT-3000 is designed to run at similar filling and processing speeds as current multi-material structures that arent recyclable.