Corbus Pharmaceuticals Holdings Inc
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Health Care : Biotechnology | Small Cap Blend
Company profile

Corbus Pharmaceuticals Holdings, Inc. is a Phase-III, clinical-stage pharmaceutical company focused on the development and commercialization of novel therapeutics to treat rare, chronic, and serious inflammatory and fibrotic diseases. The Company operates through developing and commercializing therapeutics to treat rare life-threatening inflammatory fibrotic diseases segment. The Company's lead product candidate, lenabasum, is a novel, synthetic oral endocannabinoid-mimetic drug designed to resolve chronic inflammation and halt fibrotic processes. Lenabasum stimulates the production of Specialized Pro-Resolving Lipid Mediators (SPMs) that act to resolve inflammation, and halt fibrosis by activating endogenous pathways. The Company is developing lenabasum to treat four diseases: systemic sclerosis, cystic fibrosis, diffuse cutaneous, skin-predominant dermatomyositis and systemic lupus erythematosus (SLE).

Postmarket

Last Trade
Delayed
$1.20
-0.02 (-1.64%)
Bid
--
Ask
--
B/A Size
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Market Hours

Closing Price
$1.22
Day's Change
0.00 (0.00%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
1.26
Day's Low
1.18
Volume
(Light)
Volume:
3,095,769

10-day average volume:
4,789,899
3,095,769

Hormel Foods Joins Dine, Shop & Share for No Kid Hungry Campaign

8:00 am ET October 2, 2020 (PR Newswire) Print

Hormel Foods Corporation (NYSE: HRL), a global branded food company, has announced its participation in the Dine, Shop & Share for No Kid Hungry campaign, aimed at raising funds to help kids get the meals they need to learn. In addition to a monetary contribution to support the campaign, Hormel Foods will match donations made through a special Hormel Foods donation link, up to $10,000, now through Oct. 16, 2020.

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"As children start school this year, many are struggling to get the most important school supply: food. All kids need healthy food to do their best at school, wherever that may be," said Diana Hovey, senior vice president of corporate partnerships, No Kid Hungry campaign. "One in four kids in the U.S. could face hunger this year due to the impacts of COVID-19. Thanks to supporters like Hormel Foods, we are helping to ensure children have access to the healthy meals they need to learn and thrive."

Companies supporting the Dine, Shop & Share campaign offer promotions ranging from coupons and discounts to limited-time items while promoting the initiative to their customers. The "share" component encourages people to share social media posts that trigger donations.

"Dine, Shop & Share for No Kid Hungry helps raise awareness about this important issue and helps ensure children have access to healthy meals," said Jeffrey Frank, vice president of foodservice marketing at Hormel Foods. "We are proud to join many of our foodservice customers in supporting this initiative to help others."

The Dine, Shop & Share website provides information on the participating restaurants and stores as well as online promotions. Every $1 donated can provide up to 10 meals for kids in need. Meal equivalency varies during COVID-19 relief. Learn more at NoKidHungry.org/OneDollar.

Those wishing to have their donation matched by Hormel Foods should visit NoKidHungry.org/DineShopShare and click on the Hormel Foods call out or click here. From now until Oct. 16, 2020, the company will match all donations made through this link, up to $10,000.

As a leading corporate citizen, Hormel Foods donated more than $50 million in cash and product donations to help others over the last five years. To learn more about the company's efforts, visit https://csr.hormelfoods.com/.

ABOUT HORMEL FOODS -- Inspired People. Inspired Food.(TM)Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide. Its brands include SKIPPY(R), SPAM(R), Hormel(R) Natural Choice(R), Applegate(R), Justin's(R), Wholly(R), Hormel(R) Black Label(R), Columbus(R) and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the "Global 2000 World's Best Employers" list by Forbes magazine for three straight years, is one of Fortune magazine's most admired companies, has appeared on Corporate Responsibility Magazine's "The 100 Best Corporate Citizens" list for the 12th year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement -- Inspired People. Inspired Food.(TM) -- to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/.

ABOUT NO KID HUNGRYNo child should go hungry in America. But in the wake of the coronavirus pandemic, 1 in 4 kids could face hunger this year. No Kid Hungry is working to end childhood hunger by helping launch and improve programs that give all kids the healthy food they need to thrive. This is a problem we know how to solve. No Kid Hungry is a campaign of Share Our Strength, an organization committed to ending hunger and poverty.

Contact: Kelly Braaten507-434-6352media@hormel.com

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View original content to download multimedia:http://www.prnewswire.com/news-releases/hormel-foods-joins-dine-shop--share-for-no-kid-hungry-campaign-301144668.html

SOURCE Hormel Foods Corporation

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