June 2013 - Page 10 of 23

TuesdayJun 18, 2013 11:39 am

Cardium Therapeutics, Inc. (CXM) Builds Diverse Portfolio with Broad Commercialization Opportunities

It’s not something you’d expect to find in a regenerative medicine company’s portfolio, but Cardium Therapeutics’ To Go Brands healthy nutraceutical supplement business is complementary to the company’s overarching mission of meeting unmet medical needs as part of an individual’s overall health and wellness. Cardium in October 2012 acquired the assets, business, and product portfolio of To Go Brands, which develops and markets more than 25 products including nutraceutical powder mixes, supplements, and chews to support healthy lifestyles. The brand’s Healthy To Go product line offers a host of healthy product offerings distributed through mass food and drug channels at…

TuesdayJun 18, 2013 10:44 am

Registered Direct Offering of $12.0 Million Completed by Elephant Talk Communications Corp. (ETAK)

Yesterday, Elephant Talk Communications Corp. announced the completion of a registered direct public offering of an aggregate $12.0 million, which was led by a $4.5 million investment from company CEO Steven van der Velden, a $5.0 million investment from Crede CG III Ltd. (a wholly owned subsidiary of Crede Capital Group LLC) and investors placed by Dawson James Securities to purchase an additional $2.5 million. The company sold an aggregate of 17,425,638 shares of common stock, par value $0.00001 per share, and warrants for purchasing up to an aggregate of 7,841,537 shares of common stock. The shares are being sold…

TuesdayJun 18, 2013 10:42 am

Professional Diversity Network (IPDN) Announces Acquisition of Resunate Recruiting Technology Platform

The Professional Diversity Network, a developer and operator of online networks and job boards for culturally diverse professionals, announced that it has acquired Resunate, a developer of recruiting software designed to connect job seekers, colleges, universities, and job placement companies with specific job postings. Ressunate's mission has been to increase the number of successful job placements through candidate provision of insight into how best to present oneself and which opportunities are best suited to the candidate. Through the acquisition, the company has gained a résumé optimization tool that is currently used by job seekers and career services offices in over…

TuesdayJun 18, 2013 10:04 am

Tolkonet, Inc.’s (TKOI) EthoStream Selected by Twenty Four Seven Hotels as Preferred HSIA Partner

EthoStream, a division of Telkonet and one of the largest hospitality high-speed internet access (HSIA) network providers in America, today announced that Twenty Four Seven Hotels, a Hospitality Management Company based in Newport Beach, California, has selected EthoStream as its Preferred High-Speed Internet Access Provider. "We're very pleased to be partnering with Twenty Four Seven Hotels as their preferred HSIA provider throughout their properties. I believe our selection underscores the value EthoStream can deliver to customers that care deeply about all aspects of their guests' stay," stated Jason Tienor, CEO of Telkonet. "Providing the best internet access technology and customer…

TuesdayJun 18, 2013 9:38 am

BioRestorative Therapies, Inc. (BRTX) CEO Mark Weinreb Details Biotech Innovation in NBT Equities Research Interview

BioRestorative Therapies CEO Mark Weinreb was recently interviewed by financial personality and founder of NBT Equities Research, Tobin Smith, to discuss the life science company’s medical procedures using cell and tissue protocols, specifically focusing on its “anti-biotech” business model and what the company is doing to positively impact the biotech industry. “We’ve come up with a hybrid approach enabling us to basically efficiently and economically … develop an enormous amount of science and with relevant data and move projects along in a very quick manner. We’ve been able to leverage many assets that are out there and instead of building…

MondayJun 17, 2013 3:42 pm

Norstra Energy Corp. (NORX) First Well in Montana Bakken Now in Permitting Phase, Casing Should Set By July 18th

Norstra Energy reported today that they are all set to begin permitting and casing on the first well in their approximately 18k-acre block South Sun River Prospect, an over-pressure Bakken shale play in the heart of the Montana Bakken Fairway, Lewis & Clark County. Surveying now complete, NORX is in the permitting phase, with anticipation running high that we will see the permit come through during the interval from around July 1st to the 3rd. Excavation of the drill site is currently slated to commence after the July 4th holiday and sometime before the 11th, with the casing following shortly…

MondayJun 17, 2013 3:34 pm

Rainbow Coral Corp. (RBCC) Partner Offers Cell Research Game Changer

Rainbow Coral’s partner, Nano3D Biosciences (n3D), is the creator of one of the newest 3D cell culturing technology on the market. Cells grown in 2D mono-layers simply do not replicate the complex interactions and architecture found in living organisms, which limits their use in basic life science research, toxicity testing, and drug discovery. n3D’s Bio-Assembler brings the simplicity of 2D culturing to 3D. The company’s Bio-Assembler is as simple as standard 2D techniques and faster than any other 3D cell culturing product currently available. Preparation time and cell manipulation requirements are equivalent to 2D culture. In fact, there are only…

MondayJun 17, 2013 1:41 pm

CEO of MELA Sciences, Inc. (MELA) Resigns, Robert Coradini to Fill in Temporarily

MELA Sciences, a medical device company and developer of MelaFind(R), announced today that Joseph Gulfo has resigned as Chairman, President, Chief Executive Officer, and member of the Board of Directors. Member of the Board of Directors since December 2011, Robert Coradini will serve as interim CEO while the board hunts for a new Chief Executive Officer. Coradini has over 20 years of experience in the health care industry both leading and managing businesses for Johnson & Johnson and GE Medical Systems, now known as GE Healthcare. While at Johnson & Johnson, Coradini held a variety of senior leadership positions. Acting…

MondayJun 17, 2013 11:36 am

VistaGen Therapeutics, Inc. (VSTA) Shares Exciting CardioSafe 3D™ and LiverSafe 3D™ Developments at ISSCR’s 11th Annual Meeting

VistaGen Therapeutics, a biotechnology company applying stem cell technology for drug rescue, predictive toxicology, and drug metabolism assays, recently delivered an overview of key developments involving its CardioSafe 3D™ and LiverSafe 3D™ bioassay systems in poster presentations at the 11th Annual Meeting of the International Society of Stem Cell Research (ISSCR), the largest forum for stem cell and regenerative medicine professionals from around the world, held last week in Boston, Massachusetts. Dr. Hai-Qing Xian, Senior Scientist, presented VistaGen’s poster entitled “Cardiotoxicity Assessment of Anti-Cancer Kinase Inhibitors using Human Pluripotent Stem Cell-Derived Cardiomyocyte Based Assays,” which detailed important developments demonstrating that…

MondayJun 17, 2013 10:29 am

Tri-Tech Holding, Inc. (TRIT) Announces Appointments and Retirements

Tri-Tech Holding recently announced some changes to its management. The company has appointed Brian McLellan as the General Manager of Tri-Tech Infrastructure, LLC, and also announced the retirement of former General Manager, Mr. James Schwartz. "Mr. Schwartz has been a valuable employee and a sincere friend to the Company. While we will miss him, we are glad that James will be able to spend more time away from work upon his retirement,” remarked Tri-Tech’s CFO and President, Mr. Phil Fan. "Mr. McClellan joined us in 2012 and served as Technical Director since. With his extensive experience, we are confident that…

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Month: June 2013