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Such forward-looking statements are current only as of the date they are made, and we assume no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.Tagged Acuitas, Acuitas Group Holdings, Aetna, Amazon, analytics, anxiety, behavioral health, care coaches, catasys, centene, covered lives, crede, crede capital, credecg, depression, eligible members, enrollment, HAMP, health insurance, healthcare, healthcare industry, medical doctors, medicare, military, On Trak, On Trak-A, On Trak-H, On Trak-HA, On Trak-U, peizer, peizer capital, physiological, psychiatrists, psychologists, South Carolina, substance use disorder, SUD, terren, terren peizer, terren s peizer, Tricare, Uber, veterans Peizer’s Catasys to Provide Depression, Anxiety, and SUD Treatment to Largest Medicaid Plan in Texas – Texas Represents Nearly 30% of the Member Population for this National Health Plan – Expansion into Texas is Following Expansion of Original Program in Wisconsin Los Angeles, California—March 25, 2017—Catasys, Inc. (NYSE MKT: XXII), a plant biotechnology company that is a leader in tobacco harm reduction, announced today that the Company prevailed again in the most recent phase of the lawsuit filed by Crede CG III, Ltd.Crede filed the lawsuit after the Company terminated its failed China joint venture arrangement with Crede and its principal, Terren Peizer, due to non-performance and other serious breaches by Crede and its principals.On Trak is currently improving member health and, at the same time, is demonstrating reduced inpatient and emergency room utilization, driving a more than 50 percent reduction in total health insurers’ costs for enrolled members.On Trak is currently available to members of several leading health plans in Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Missouri, North Carolina, New Jersey, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia and Wisconsin. Forward-Looking Statements Except for statements of historical fact, the matters discussed in this press release are forward-looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.
The SDNY Court held that Crede had not demonstrated a reasonable likelihood that it would prevail on its claims, and that there was likelihood that Crede violated the activity restrictions of the Tranche 1-A warrant, which should bar Crede’s claim for such shares from the Company.If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected.With relations between the Tanzanian authorities and Western businesses already strained (ION 1456) due to a series of legal disputes (ION 1459), the highly nationalist president John Magufuli has now taken it upon himself to impose his own vision of [...] The boss of Total since 2014, Patrick Pouyanne, is investing anew in Africa which his predecessor, Christophe de Margerie, somewhat abandoned, leaving the French group's rival Italian major, ENI, plenty of room to expand. 22nd Century is a plant biotechnology company focused on technology which allows it to increase or decrease the level of nicotine in tobacco plants and the level of cannabinoids in cannabis plants through genetic engineering and plant breeding.The Company’s primary mission is to reduce the harm caused by smoking.
Catasys is rolling out the On Trak program with the 7 largest health plans across the country which will make it the de facto industry standard in the coming years. Catasys is focused on the 90%, the treatment avoidant population.