Blog - Page 2982 of 5589

FridayFeb 15, 2013 7:44 am

Will Sutton Joins Hansen Medical, Inc. (HNSN) as COO

Intravascular robotics leader Hansen Medical announced that Will Sutton has been appointed to the newly created position of Chief Operating Officer. Reporting directly to President and CEO Bruce Barclay, Mr. Sutton will manage and oversee the company’s engineering and manufacturing functions. Hansen Medical created this position to enhance collaboration on product development and manufacturing, which is consistent with its commitment to bringing innovative products and capabilities to the market with improved product margins. “I am excited to join the Hansen Medical team at such an important inflection point in the Company’s history,” said Mr. Sutton. “I look forward to utilizing…

ThursdayFeb 14, 2013 2:41 pm

The Aristocrat Group Corp. (ASCC) CEO to Visit Idaho Distillery Next Week to Close Deal

The Aristocrat Group Corp. CEO Robert Federowicz will travel to Idaho next week to close a deal for the production of a new vodka to be promoted by Luxuria Brands. The company is working fast to get its debut distilled spirit on store shelves as quickly as possible. ASCC has already developed a sophisticated marketing plan for the new vodka, which includes a three-picture product placement deal with feature film studio Outpost Media, Inc. The first film, Killing Time, wrapped principle photography this week. “We now have everything in place for a successful launch except for the required cases of…

ThursdayFeb 14, 2013 2:38 pm

Noble Roman’s, Inc. (NROM) Maintains Steady Pace with Growth of Take-N-Bake Franchise Concept

Noble Roman’s, the Indianapolis-based franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs, issued an update on the expansion of its take-n-bake (TBN) concept, which is available in grocery stores as well as in the stand-alone TNB franchise structure. In the last three weeks alone, Noble Roman’s has entered into two new franchise agreements, bringing the total number of TNB units to 11, eight of which are currently under development or construction and are expected to open during the first half of 2013. In the first six weeks of 2013, the company has expanded the number of grocery stores…

ThursdayFeb 14, 2013 11:10 am

Rosetta Genomics Ltd. (ROSG) Announces Receipt of Two U.S. Patent Allowances

Leading microRNA-based molecular diagnostics provider Rosetta Genomics announced today that it has received two notices of allowance for Patent Applications 12/661,041 and 12/850,091 from the U.S. Patent and Trademark Office. Titled “microRNAs and Uses Thereof,” 12/661,041 has allowed claims covering the composition of matter for miR-29c, as well as sequence variants (90 percent identical thereto), a vector, and a probe comprising the same. miR-29c is a core element in miRview mets2 diagnostic assay for the identification of the tumor of origin in cancer of unknown and uncertain primary (“CUP”), which is Rosetta Genomics’ lead commercial product. Titled “Viral and Viral…

ThursdayFeb 14, 2013 11:09 am

VistaGen Therapeutics, Inc. (VSTA) – A Prime Example of Stem Cell Application Diversity

The advent of stem cell technology is proving to be one of the most foundational developments in the history of modern medicine. Like the stem cell itself, this rapidly developing technology is showing a remarkable ability to transform itself, revealing new opportunities in a rising number of medical applications. Although some awareness of the ability of some cells to change into other cells has been known for a long time, it’s only been in the past several decades that researchers have begun to appreciate the range of capabilities that stem cells represent. The result has been an explosion of possibilities…

ThursdayFeb 14, 2013 7:42 am

India Globalization Capital, Inc. (IGC) Announces Profitable Third Quarter

India Globalization Capital has announced financial results for the third quarter ending Dec. 31, 2012. “We are pleased to report profitability this quarter due to our considerable efforts to realign and focus our equipment, processes and people on the iron ore mining business, cut costs from unprofitable construction contracts and renegotiate or extinguish expense liabilities and debt,” said Ram Mukunda, CEO of India Globalization Capital. “Our revenues for the quarter rose dramatically to nearly $4 million, and we achieved earnings of $0.01 per share.” The company’s total revenue was $3,933,906 for the three months ending Dec. 31; this is compared…

ThursdayFeb 14, 2013 7:41 am

Bering Exploration, Inc. (BERX) to Enhance Fracing and Perforations with Cutting-Edge Technology

Today before the opening bell, Bering Exploration announced the signing of an agreement with Wildcat Operations, LLC to utilize its patent pending method of staged fracing and perforating a well. The technology will enable a less expensive execution of these processes. “Adding this additional technology to our portfolio of advanced tools will continue our efforts to utilize another new technologies to recover existing reserves on our leases,” stated Steven Plumb, VP of Finance of Bering. Headquartered in Houston, Texas, Bering Exploration is an independent oil and natural gas company focused on identifying, evaluating, developing, and acquiring potential natural gas and…

WednesdayFeb 13, 2013 2:43 pm

PureSafe Water Systems, Inc. (PSWS) Signs Set of Strategic Agreements to Fast-Track Manufacturing Capabilities and Meet Global Demand

PureSafe Water Systems has entered into strategic agreements with Global Equipment Marketing Inc. (GEM) and Engineering Technologies Group Inc. (ETG) to enhance PureSafe’s ability to meet immediate and long-term market demand for the company’s mobile water purification systems. The agreement sent shares of PureSafe soaring 153% today on heavy volume. “This is a significant milestone for PureSafe,” Adam Seltzer, managing director of Dominick and Dominick, investment advisor to PureSafe, stated in the press release. “It has enabled the company to engage two renowned firms that have significant experience and expertise on both the engineering side of the business, as well…

WednesdayFeb 13, 2013 2:42 pm

Eastern Resources, Inc. (ESRI) Engages Precious Metals-Focused Investment Bank, Looks to Raise Some $200M

Eastern Resources reported executing an advisory agreement today with a NY-registered broker/dealer that focuses heavily on the company’s sector, precious metals and mining, whereby the investment bank will assist ESRI in raising some $200M for taking their Montana Tunnels Mine and Golden Dream Mine projects to the next level. This considerable sum would enable significant capital restructuring on ESRI’s part and allows them the liquidity needed to maximize working capital efforts at both of these promising resource sites. CEO of ESRI, Patrick Imeson, noted that the selection of this particular investment bank for the advisory role was attributable not only…

WednesdayFeb 13, 2013 10:59 am

Catalyst Pharmaceutical Partners, Inc. (CPRX) On the Cusp of Big Neurological and Neuromuscular Prescription Drug Developments

Catalyst Pharmaceutical Partners has developed a very clear market strategy as a specialty biopharma focusing on the commercialization of orphan prescription drugs in the area of neurological disorder and disease. North American rights to the company’s lead product candidate, Firdapse™, were acquired for this proprietary form of amifampridine phosphate from BioMarin Pharmaceutical back in October of 2012, and the drug has seen prior approval by the European Medicines Agency (2009, product launched in EU in 2010) for the potentially fatal, muscle weakness-characterized autoimmune disease, Lambert-Eaton Myasthenic Syndrome (LEMS). The company is in a joint development agreement (JDA) with BioMarin to…

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