February 2010 - Page 9 of 28

FridayFeb 19, 2010 9:41 am

Immunomedics, Inc. (IMMU) Awarded U.S. Patent for Antibody Therapy

Immunomedics, Inc., a New Jersey-based biopharmaceutical company primarily focused on the development of monoclonal, antibody-based products for the targeted treatment of cancer, autoimmune and other serious diseases, recently announced that the company was awarded U.S. Patent 7,662,378 for its antibody therapy. The patent covers the use of humanized, chimeric or human antibodies that bind to the carcinoembryonic antigen (CEA) in combination with at least one other therapeutic agent. The allowed claims also cover methods of treating CEA-expressing cancers, including certain types of thyroid cancer, colorectal cancers, gastric cancer, lung cancer and breast cancer. Cynthia L. Sullivan, president and chief executive…

FridayFeb 19, 2010 9:40 am

Petroleum Development Corp. (PETD) Reports 2009 Summary of Activity

Petroleum Development Corporation released operational details on its oil and gas development activities for 2009. The company reported total production of 43.3 billion cubic feet equivalent (Bcfe) of natural gas in 2009, an increase of 12% from the 38.7 Bcfe in 2008. This strong production growth was powered by the drilling of 100 gross wells in 2009. In 2009, Petroleum Development Corporation focused mainly on its properties in the Wattenberg Field, where the company drilled 82 wells. The company also moved forward its development of the Marcellus Shale. During 2009, Petroleum Development Corporation drilled a total of 8 test wells…

FridayFeb 19, 2010 9:38 am

Provision Holding Inc. (PVHO.OB) Teams with Ping Mobile to Offer 3D Media Centers to Benefit Consumers and Retailers

Provision Interactive Technologies Inc., subsidiary of Provision Holding Inc., provides interactive 3D holographic display technologies, software and integrated solutions. The company secured a partnership with Ping Mobile to put a twist on its mobile marketing displays. The deal will allow Provision’s 3D Media Center platform to serve as an integrated point-of-sale in malls, airports and other high-traffic public locations, a move that Position said it expects to fuel on-site sales. "Mobile marketing serves as both an acquisition and retention tool for retailers and brands," Curt Thornton, CEO of Provision stated in the press release. "By adding a mobile marketing capability…

FridayFeb 19, 2010 9:37 am

Perry Ellis International Inc. (PERY) Reinforces FY 2010 Preliminary Earnings, Offers FY 2011 Guidance

Perry Ellis International Inc. designs, distributes and licenses men’s and women’s apparel, accessories and fragrances. The company today released an update for its fiscal 2010 earnings and guidance for fiscal 2011. The company said it anticipates results in line with, or exceeding the top end of its previous guidance of 80 cents to 95 cents per fully diluted share. Perry Ellis is expected to post its 2010 results mid-march, reflecting year-over-year increases over its preliminary fourth-quarter results. “Strong performance across our product lines most notably within Perry Ellis Collection allowed us to significantly reduce our markdown allowances. This reduction coupled…

ThursdayFeb 18, 2010 3:46 pm

Document Security Systems, Inc. (DMC) Acquires Premier Packaging Co.

Yesterday, Document Security Systems, Inc. announced that it has acquired Premier Packaging Corporation, a privately held provider of high quality packaging solutions. Premier’s business model complements DSS in its role as a leader in the development, design and manufacturing of secure identification and authentication technologies for documents. Since 1989, Premier has provided their customers with a complete range of products and services that include package design, prototyping, manufacturing, and inventory management programs. Premier has expanded their product offerings from upscale photo packaging to include everything from basic mailers and sleeves to folding cartons and complex 3-dimensional solutions. Robert Fagenson, DSS…

ThursdayFeb 18, 2010 2:44 pm

Silvercorp Metals Inc. (SVM) Declares Dividend While Finding High Grade Product

In today's economic conditions there are many considerations to think about if an investment in base metals is a good choice. The Chinese option is one area where this consideration is possibly profitable. Money flows are a bit uncertain at the moment but may offer the opportunity for triple investment earnings if pundits’ views play out. There are many ways to invest in base metals, but if one chooses correctly there is solid profit to be made. Silvercorp Metals Inc., a primary silver and lead mining company working within China and based in Canada, works to operate a very successful…

ThursdayFeb 18, 2010 1:41 pm

China Jo-Jo Drugstores, Inc. (CJJD.OB) is “One to Watch”

Established in 2003 in the Zhejiang province (Hangzhou), China Jo-Jo Drugstores, Inc. operates a retail pharmacy chain in the People's Republic of China. The Company offers both western and traditional Chinese medicine. The Company's chain currently has 22 stores throughout Hangzhou, the provincial capital of the Zhejiang Province. China Jo-Jo Drugstores, Inc. trades on the OTC Bulletin Board and they have their corporate headquarters in Hangzhou, China. China Jo-Jo Drugstores, Inc. operates through their contractually controlled affiliates Hangzhou Jiuzhou Grand Pharmacy Chain Co., Ltd., Hangzhou Jiuzhou Clinic of Integrated Traditional and Western Medicine General Partnership, and Hangzhou Jiuzhou Medical &…

ThursdayFeb 18, 2010 1:14 pm

Applied Nanotech Holdings, Inc. (APNT.OB) Gets Lithium-Ion Contract

Applied Nanotech Holdings Inc., a nano-technology research and commercialization company, announced today that it has been awarded a $100,000 Phase I contract with the U.S. Army to develop an advanced battery anode for rechargeable lithium-ion batteries using a novel silicon nano-structure material. The company will use its expertise in producing silicon nano-particles, ink development, and ink processing to demonstrate the feasibility of a nano-Si anode, replacing the standard carbon based anodes currently used in lithium-ion batteries. The new anode is expected to greatly improve battery charge capacity, micro scale charge conduction, and energy density, resulting in a longer life battery…

ThursdayFeb 18, 2010 1:03 pm

Echo Therapeutics, Inc. (ECTE.OB) Completes Development of New Transdermal Drug Delivery System

Echo Therapeutics, Inc., developer of innovative healthcare products like the wireless, non-invasive, Symphony™ transdermal continuous glucose monitoring (tCGM) system for diabetics, and the transdermal, drug delivery, Prelude™ SkinPrep System, announced completion of product development on the Prelude system today, saying that the system was commercially ready for final clinical trials. The Company indicated no additional changes were required and that the current device would be identical to the one marketed after FDA approval. The Prelude system will be tested using LMX4 lidocaine cream and success will result in a 510-k filing with Ferndale Pharma Group for augmented delivery of the…

ThursdayFeb 18, 2010 1:00 pm

Universal Detection Technology (UNDT.OB) Successfully Tests New Sensor

Universal Detection Technology, developers of monitoring devices for bioterrorism/biohazard detection and other early-warning systems used by such high-profile clients such as Homeland Security and NASA, disclosed the details of recent testing of the Company’s new passive zone security sensor, developed via a partnership with industry leader Precision Sensors Instrumentation (PSI). The new sensor system, branded “Scorpion”, was tested at an undisclosed airbase alongside leading sensor systems from other US and Russian developers, and has shown high-fidelity results as the most accurate non-line-of-sight- (NLOS-) based human detection system, and achieves these remarkable capabilities through the unique adaptation of highly sensitive seismic…

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Month: February 2010