- Commercial application of NeuroEEG and NeuroCap growing across ICUs, acute inpatient care and other emergency care in U.S.
- BRSF plans to launch devices in Canada
- Company expands footprint, plans patent applications in Latin America, Europe
A recent electric vehicle (“EV”) market publication by J.P. Morgan (NYSE: JPM) Global Research showed that EV penetration was gradually growing in North America, Europe, and China. The report projected that the penetration in the North American market would increase to 4% in 2020, up from 3% in 2019. In comparison, the European and Chinese markets were forecasted to witness a more rapid growth, fueled by an enabling regulatory environment, higher spending power and the prospects of a future that merges autonomous driving with green vehicles.
The Chinese EV industry is currently in the acceleration stage, which started in 2020 and is expected to last until 2025, when the EV penetration is likely to cap at 20%, up from 5% in 2019. In Europe, five countries, namely the UK, Spain, Italy, Germany and France, dominate the EV space, taking up 63% of the EV volumes across Europe. Per the J.P. Morgan report, EV penetration in 2020 in these countries was about 6%, up from 1.6% in 2019. Further, EV sales had reached 27% of the total, compared to 8% in 2019 (https://ibn.fm/Am4lS).
While the COVID-19 pandemic slowed the demand for both passenger and commercial EVs, a separate report by Bloomberg New Energy Finance (“BNEF”) indicates that the demand will resurge and maintain an upward trajectory through the coming years, at both regional and global levels (https://ibn.fm/WEXb3).
For Ideanomics (NASDAQ: IDEX), a global company with a foothold in each of these three markets, these positive trends and statistics effectively mean that it is uniquely positioned to thrive well into the future. IDEX has been rapidly expanding its Mobility division through new acquisitions and investments. As a result, it has amassed a broad portfolio of EV products, including buses, EV tractors, trucks, two-wheelers and three-wheelers, on the vehicular end of the spectrum, as well as wireless charging solutions and battery and charging technology design and development, on the other. Currently, the Mobility unit consists of over five companies based in various jurisdictions.
“We have a unique view across what we believe is the EV value chain because we have operations in China, South Asia, in Malaysia, in Europe and in North America,” CEO Alf Poor said during a recent webinar (https://ibn.fm/KGNeW).
IDEX’s second division, aptly named Ideanomics Capital, currently comprises companies offering disruptive fintech solutions covering a broad range of financial services. As with the Mobility unit, Ideanomics Capital is equally poised to benefit from the projected growth in the fintech sector.
Before the pandemic, the adoption of fintech solutions was increasing twofold every two years, reaching 64% in 2019, up from 16% in 2015 (https://ibn.fm/4MfP8). Nonetheless, the World Bank observed that the fintech industry remained largely unaffected by the vagaries of the pandemic and, in fact, reported double-digit growths in some areas (https://ibn.fm/Gnl7O).
This momentum is likely to continue through the mid-2020s as indicated by a Research and Markets forecast, which expects the global fintech market to grow at a CAGR of 23.58% from 2021 to 2025 (https://ibn.fm/SsiJJ). Locally, the US fintech market is projected to grow at an 8.6% CAGR from 2019 to 2024 (https://ibn.fm/T0m2w).
For more information, visit the company’s website at www.Ideanomics.com.
NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at https://ibn.fm/IDEX
Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, has inked a drug-development agreement with Catalent Inc. (NYSE: CTLT), a leading global provider of advanced delivery technologies, development, and manufacturing solutions for drugs, biologics, cell and gene therapies, and consumer health products (https://ibn.fm/nQdpg). The agreement, which is scheduled to start this month, calls for the two companies to work together to potentially develop a novel, fast-acting therapy for treatment-resistant psychiatric disorders.
“We are excited to partner with the team at Catalent with the aim of developing fast-acting, shorter-duration formulations of CYB003, recently acquired as part of our acquisition of Adelia Therapeutics,” said Cybin CEO Doug Drysdale. “Our focus on reducing the need for health system resources, such as in-clinic therapist time, is an important part of our goal to create scalable, more accessible treatments for mental health disorders.”
As part of the agreement, Cybin plans on applying Catalent’s proprietary Zydis(R) orally disintegrating tablet (“ODT”) technology to the delivery of CYB003, Cybin’s novel deuterated tryptamine, as a potential therapy for treatment-resistant psychiatric disorders. One of the world’s best-performing ODTs, the proprietary Zydis technology creates a freeze-dried tablet that disperses its contents almost instantly in the mouth without needing water.
Delivering CYB003 in such a way provides significant potential benefits, including allowing for pre-gastric delivery and preventing first-pass metabolism, which could potentially improve the pharmacokinetic profile of the drug. The partnership will include feasibility studies that include manufacturing and analytical testing of ODT doses containing varying quantities of CYB003 alongside different excipients.
“We look forward to working with Cybin to potentially develop a novel and fast-acting therapy for treatment-resistant psychiatric disorders,” said Catalent president of oral and specialty delivery Jonathan Arnold. “The Zydis platform is an ideal technology to leverage for this type of drug formulation, as pre-gastric absorption is crucial for efficacy.”
Cybin Corp., a leading biotech company focused on progressing psychedelic therapeutics, is on a mission to revolutionize mental health care. The company is focused on progressing psychedelic therapeutics by utilizing proprietary drug-discovery platforms, innovative drug-delivery systems, novel formulation approaches, and treatment regimens for psychiatric disorders.
For more information, visit the company’s website at www.Cybin.com.
NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at https://ibn.fm/CYBN
Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, was recently featured in an H.C. Wainwright & Co. (Wainwright) equity research report that covered wellfield development, resource delineation and company financial updates (https://ibn.fm/rhR2m). Wainwright analysts reiterated their Buy rating for UEC’s stock based on a discounted cash flow (“DCF”) model of future operations and in situ asset values
“We are reiterating our Buy rating on UEC and our PT of $5,” reads the research report. “Our valuation remains based on a DCF of future operations for the firm, utilizing our recently revised 7.5% discount rate. We then add an in situ value of $75.0M for UEC’s Reno Creek assets, $41.5M for Alto Parana’s resources, and an additional $40.0M for Paraguay and UEC’s other exploration stage assets. We continue to believe that these figures remain inline with similar projects throughout our coverage universe to which we assign equal geopolitical risk factors.”
Wainwright backs its recommendation by UEC’s recent drilling activities at its Burke Hollow ISR project in South Texas, where strong results demonstrated promising growth potential (https://ibn.fm/avrBj). Wainwright also detailed the closure of UEC’s recent offering that grossed $12 million, with expectations that the net proceeds will be applied towards additional uranium purchases and general working capital requirements. Accordingly, the report states that UEC’s total cash, equity, and inventory holdings of $110 million can fully fund its physical uranium initiative that stands at 2.105 million pounds at a weighted average price of about $30 per pound, with deliveries expected between March 2021 and December 2022.
Favorable market predictions in the Wainwright report include growth in global demand, increased domestic demand from the U.S. Uranium Reserve, and long-term rising uranium prices that may drive positive production decisions at one or more of UEC’s projects.
Founded in 2003, Uranium Energy Corp. is a U.S.-based uranium mining and exploration company that controls one of the country’s largest historical uranium exploration and development databases. By leveraging historical exploration data, UEC has been able to target and acquire properties that have already been subject to exploration and development by senior energy firms in the past, positioning it favorably to capitalize on rising global uranium demand while using green technology that favors the environment. The Company has a near term extraction profile of 4 million pounds of U3O8 per year from its low-cost South Texas and Wyoming ISR projects. With the largest U.S. resource base of fully permitted and environmentally friendly ISR projects in Texas and Wyoming, UEC is ideally positioned to be the leader in a resurgence of domestic uranium mining.
For more information, visit the company’s website at www.UraniumEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC
January 29, 2026
Disseminated on behalf of Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) and may include paid advertising. Trilogy Metals (NYSE American: TMQ) (TSX: TMQ), a mine development and exploration company, recently received an investment from the US federal government to advance both the exploration and development of the Upper Kobuk Mineral Projects in the northwestern […]
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