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Viridian Therapeutics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Viridian Therapeutics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Business Wire

time03-07-2025

  • Business
  • Business Wire

Viridian Therapeutics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

WALTHAM, Mass.--(BUSINESS WIRE)--Viridian Therapeutics, Inc. (Nasdaq: VRDN), a biopharmaceutical company focused on discovering, developing, and commercializing potential best-in-class medicines for serious and rare diseases, today announced that the Compensation Committee of the company's Board of Directors, made up entirely of independent directors, approved the grant of non-qualified stock options to purchase an aggregate of 175,000 shares of the company's common stock to one new employee (the 'Inducement Grant') on July 1, 2025 (the 'Grant Date'). The Inducement Grant has been granted outside of the company's Amended and Restated 2016 Equity Incentive Plan (the 'Plan') but remains subject to the terms and conditions of such Plan. The Inducement Grant was granted as an inducement material to the individual entering into employment with Viridian in accordance with Nasdaq Listing Rule 5635(c)(4). The Inducement Grant has an exercise price per share that is equal to the closing price of Viridian's common stock on the Grant Date. The Inducement Grant will vest over a four-year period, with 25% of the shares vesting on the one-year anniversary of the employee's start date, and thereafter the remainder of the shares vest in 36 equal monthly installments, subject to the employee's continued employment with Viridian through the applicable vesting dates. About Viridian Therapeutics Viridian is a biopharmaceutical company focused on discovering, developing and commercializing potential best-in-class medicines for patients with serious and rare diseases. Viridian's expertise in antibody discovery and protein engineering enables the development of differentiated therapeutic candidates for previously validated drug targets in commercially established disease areas. Viridian is advancing multiple candidates in the clinic for the treatment of patients with thyroid eye disease (TED). The company is conducting a pivotal program for veligrotug (VRDN-001), including two global phase 3 clinical trials (THRIVE and THRIVE-2), to evaluate its efficacy and safety in patients with active and chronic TED. Both THRIVE and THRIVE-2 reported positive topline data, meeting all the primary and secondary endpoints of each study. Viridian is also advancing VRDN-003 as a potential best-in-class subcutaneous therapy for the treatment of TED, including two ongoing global phase 3 pivotal clinical trials, REVEAL-1 and REVEAL-2, to evaluate the efficacy and safety of VRDN-003 in patients with active and chronic TED. In addition to its TED portfolio, Viridian is advancing a novel portfolio of neonatal Fc receptor (FcRn) inhibitors, including VRDN-006 and VRDN-008, which has the potential to be developed in multiple autoimmune diseases. Viridian is based in Waltham, Massachusetts. For more information, please visit Follow Viridian on LinkedIn and X.

'Hope and optimism' prevail over redevelopment of West Gate House
'Hope and optimism' prevail over redevelopment of West Gate House

Irish Independent

time17-06-2025

  • General
  • Irish Independent

'Hope and optimism' prevail over redevelopment of West Gate House

The work, which is being undertaken by Louth County Council, aims to provide cultural and community facilities as part of the transformation of the West Street area of Drogheda. Terry Hamilton, Town Regeneration Officer, Louth County Council, told Councillors the project is currently under Part 8 planning. He explained that the works involve the refurbishment of West Gate House and the adjacent Drogheda Youth Development building. It is a landmark in the West Gate area, he told members, and is very prominent in terms of how people access West Street. The project is set to be funded by the Town Centre First Heritage Revival Scheme (THRIVE), and the council heard Louth County Council expect to have an update on the funding in the coming months. Mr. Hamilton explained the building will have four elements to it, the refurbishment of the protected structure – West Gate House, the refurbishment of the Drogheda Youth Development building, a flexible space for all users, and a new entrance block. He told members the Part 8 has been advertised and on display in the Civic Buildings, and was opened for submissions between April and May. A public consultation was held in April, in addition to previous public consultations. There was just one submission, and two statutory responses received. The project is proposed for approval by the Chief Executive. Cathaoirleach, Cllr. Michelle Hall asked for a more detailed design of the project, and added that she is 'now full of hope and optimism when I look at this building.' Cllr. Pio Smith paid tribute to the local authority for the progress made on the project to date. ADVERTISEMENT "Getting here has been tough, there has been a massive amount of work done already. I think this will make a hugely significant difference to that area of Drogheda, It fits very well in to the West Gate vision as well.' Cllr. Declan Power welcomed the project, adding he had one query into the future of the Drogheda Youth Building, which he said has been awarded to Culture Connect. Cllr. Kevin Callan praised the work carried out on plans for the redevelopment, saying: 'It must be one of the most difficult buildings in one of the most difficult locations. This building, when it happens, is I think going to jump start the entire redevelopment of that side of town.' Cllr. James Byrne said: 'It will give people hope when we start seeing work happening here and in other buildings, hope that we are starting to turn a corner, and it will really give the town a lift.' Mr. Hamilton told members it is hoped to house the community group in another building, and that Culture Connect will be invited back into Westgate House when works are complete. Director of Service, David Jones, acknowledged the councillor's comments and said a lot of work of taken place in a bid to 'get the project over the line.' Funded by the Local Democracy Scheme

Galway City Council invites locals to have a say in Westend makeover
Galway City Council invites locals to have a say in Westend makeover

Irish Independent

time16-06-2025

  • General
  • Irish Independent

Galway City Council invites locals to have a say in Westend makeover

The strategy will prioritise 'regeneration and rehabilitation of historic buildings and urban spaces' in Galway's Westend. A variety of partnerships for this initiative, from a design team focused on engagement and sustainability to the Town Centre First Heritage Revival Scheme (THRIVE), will work together to improve the function of these community spaces. A questionnaire was launched by the council on the May 27 and will be live through the end of the June calling on residents to submit feedback like what areas they value most, environmental changes based on season and time of day, as well as improvements and accessibility. 'A key focus of this is engaging people at a grassroots level and incorporating the views of stakeholders into the process of design and implementation,' said a spokesperson for Galway City Council. The council hopes that based on feedback and public engagement through the coming months, a vision for a new West End will come to light as the strategy is refined.

THRIVE Enters the Court: Le-Vel Announces Official Partnership with USA Pickleball
THRIVE Enters the Court: Le-Vel Announces Official Partnership with USA Pickleball

Yahoo

time13-06-2025

  • Business
  • Yahoo

THRIVE Enters the Court: Le-Vel Announces Official Partnership with USA Pickleball

DALLAS, June 13, 2025 /PRNewswire/ -- Le-Vel, the company behind the premium health and wellness system THRIVE, is proud to announce a dynamic new partnership with USA Pickleball, the official governing body of America's fastest-growing sport. This collaboration marks a major step forward for Le-Vel in its mission to empower everyday health, performance, and community—reaching tens of thousands of new consumers across the nation. The partnership officially kicked off at the Golden Ticket Tournament in Greensboro, NC, held May 28–June 1, where 250 elite gift bags were distributed to top athletes, featuring Le-Vel's flagship THRIVE 3-Step Experience, plus fan favorites THRIVE Activate for energy and THRIVE Thirst for electrolyte-driven hydration. "We're thrilled to welcome Le-Vel as a partner of USA Pickleball," said Christian Portaro, Senior Director of Partnerships at USA Pickleball. "THRIVE's commitment to wellness, vitality, and performance mirrors the passion and values of our community. This collaboration will help elevate the player experience from grassroots tournaments all the way to Nationals." But this is just the beginning. Le-Vel will continue to energize the courts throughout the 2025 season with a presence at Golden Ticket Tournaments in Newport Beach, CA and Colorado Springs, CO—leading up to a bold showing at USA Pickleball Nationals in San Diego this November, one of the sport's most anticipated events with tens of thousands of players and fans in attendance. "This partnership isn't just about brand visibility – it's about building momentum, showing up in meaningful ways, and connecting with new audiences who care about their health and how they show up every day," said Le-Vel's Director of Marketing & Social Media, Chante' Markus. "Pickleball is more than a sport. It's a lifestyle. And so is THRIVE." With shared values rooted in movement, mindset, and momentum, this alliance represents more than a sponsorship – it's a nationwide wellness movement, bringing THRIVE's transformative formulas to courts, communities, and champions across the U.S. Game on. Founded in 2012 by Jason Camper, Le-Vel is a premium health and wellness company offering cutting-edge nutritional and skincare solutions. The brand is best known for the THRIVE Experience, the advanced THRIVE ELITE Experience, and its newest innovation, myGLP—a holistic dietary system designed to support the body's GLP-1 production for healthy metabolism, digestion, mental clarity, and appetite control. With more than 10 million Customer and Brand Promoter accounts, Le-Vel ships to markets across North America, Southeast Asia, Australia, New Zealand, and the UK, empowering individuals worldwide to take control of their health and lifestyle. To learn more about Le-Vel, visit: Le-Vel Instagram - Le-Vel Facebook - Media Contact: Chante' Markus View original content to download multimedia: SOURCE Le-Vel Brands Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Denver mental health program contributes to significant decrease in overdoses, jail bookings
Denver mental health program contributes to significant decrease in overdoses, jail bookings

CBS News

time06-06-2025

  • Health
  • CBS News

Denver mental health program contributes to significant decrease in overdoses, jail bookings

A Denver mental health program for the community's most vulnerable members is sharing its success. That program is called Transforming Health by Reducing Inequities for the Vulnerable (THRIVE). (Left to right) Samuel Murray and Matthew Hudgins CBS The program helped nearly twice as many people in the first year as it had anticipated. In year two, the program has expanded to have an even greater impact on communities that battle with addiction, homelessness or dealing with the justice system. "It's nice to be able to smile," said Matthew Hudgins, who is six months sober. He's off the streets after experiencing homelessness off and on since 2017. The smile he now has is an indicator of the life-changing progress he's made. "It is amazing, and it feels good," Hudgins said. "I mean, I was unemployable six months ago. There was no way I could have worked. Right? It just wasn't possible. And today, I do have that opportunity." The opportunity was made possible with the help of the THRIVE program and the efforts to help by peer support specialist Samuel Murray, who's been with the program since its inception. "We have amazing doctors, amazing social workers, amazing nurses, amazing just faculty in general, but they're specialized in their profession," Murray explained. "I like to say I'm specialized in mine with the lived experience of substance use and those being within the community itself. So, once a lot of the patients have the plan, we're there to support the choice of the plan." Hudgins and Murray originally connected over free coffee and doughnuts. "To be honest with you, there were days where that was all I ate, or that was all I was going to eat for that day," Hudgins said. "So it was motivation for me to come down here." Eventually, when Hudgins decided to get help, Murray was there. "I knew that he had overcome addiction, and he looked happy," Hudgins said. "He looked healthy. He was involved with his family, and he was working, and those things looked good to me coming from the streets. So I asked him how he did it, and he just told me that when I was ready that we would get there." THRIVE is taxpayer-funded through nonprofit Caring for Denver. Denver Health says it has seen a significant decrease in emergency department visits, overdoses and jail bookings all as a result of implementing this program. THRIVE has also helped decrease outpatient waitlists for mental health care by more than 90%. Homelessness has been on the rise in Denver with thousands experiencing it every year. Hudgins believes the work THRIVE is doing is exactly what the city needs. "If you really want to do something about the homelessness and the drug addiction problem in Denver, it has to be a grassroots effort from the streets," Hudgins said. "And people on the streets, we know that there's resources out there, but we don't know how to access them. That's why Sam and the THRIVE team were so important, because they were available."

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