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FridayDec 14, 2012 2:13 pm

Amarantus BioScience, Inc. (AMBS) Licenses Memory Dx LymPro Alzheimer’s Diagnostic Test

Amarantus BioScience has licensed the LymPro Alzheimer’s Disease Diagnostic Blood Test from Memory Dx LLC (MDx), growing Amarantus’ existing diagnostic pipeline and positioning the company to participate in related future opportunities. LymPro, designed to diagnose Alzheimer’s in its mild to moderate stage, has completed two phase 1 clinical studies and is ready to move into a phase 2 validation study. If successful, Amarantus anticipates that LymPro can begin generating revenue as a laboratory-developed test within 18 months of study initiation, through commercial sales and sales to companies performing Alzheimer’s disease clinical research. “We believe LymPro has significant clinical and commercial…

FridayDec 14, 2012 2:13 pm

The CHMP Renders a Positive Opinion Recommending Approval of Marketing Authorization for Alexza Pharmaceuticals, Inc. (ALXA) Product in the EU

Alexza Pharmaceuticals and Grupo Ferrer Interncional, S.A., announced today that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) adopted a positive opinion recommending that ADASUVE (Staccato loxapine) be granted European Union (EU) centralized marketing authorization. The CHMP recommends that ADASUVE be authorized in the EU for the rapid control of mild-to-moderate agitation in adult patients with schizophrenia or bipolar disorder. The recommendation by the CHMP is that ADASUVE should be administered only in a hospital setting under the supervision of a healthcare professional. Short-acting beta-agonist bronchodilator treatment should be available for treatment of…

FridayDec 14, 2012 2:11 pm

Joseph M. Limber Appointed to XOMA Corp. (XOMA) Board of Directors

XOMA, a leader in the discovery and development of therapeutic antibodies, announced that Mr. Joseph M. Limber has been appointed to its Board of Directors. “I am pleased to welcome Joe to our Board of Directors,” remarked John Varian, XOMA’s Chief Executive Officer. “Our team is particularly excited to work closely with Joe, as he has successfully developed markets for specialty pharmaceutical products and managed the critical transition from research organization to commercial entity. We expect to make the same transition in the coming years and Joe’s insight and guidance while we prepare for a gevokizumab commercial launch will be…

ThursdayDec 13, 2012 2:40 pm

Lithium Corp. (LTUM) Positive Drilling Results on San Emidio Validate Lithium Resource Model, Company Plans Deeper Drilling

Lithium Corp. is reporting good news today, as the analytical results come in from the most recent round of drilling at their San Emidio site in Nevada, showing peak value returns as high as 23.7 mg/l lithium in the previously identified, lithium-in-brine anomaly (values 10 to 20 times the background levels outside the anomaly). The some 1,600-acre block of claims that makes up the San Emidio playa prospect in northwestern Nevada’s lithium-rich Washoe county are starting to look extremely appealing to LTUM as one of their most exciting properties. This most recent drilling’s ability to further delineate the targeted anomaly…

ThursdayDec 13, 2012 2:39 pm

StrikeForce Technologies, Inc. (SFOR) Addresses Increasing Cyber Threats with New Anti-Breach Cyber Security Bundle

StrikeForce Technologies, developer of keystroke encryption technology that prevents keylogger malware from stealing sensitive information and passwords, today unveiled its new comprehensive Anti-Breach Cyber Security bundle. According to a year-over-year comparison of the Ponemon Institute’s studies of cyber-attacks among select companies, the number of cyber-attacks increased 42 percent in 2012 vs. 2011. In the 2012 Crime Study, Ponemon reported 102 successful attacks per week in 2012, as compared to 72 successful attacks on average per week in 2011. The 2011 attacks cost 56 organizations in this study an annual average of $8.9 million per year, with costs ranging between $1.4…

ThursdayDec 13, 2012 11:06 am

VIASPACE, Inc. (VSPC) Grows an Energy Solution

While much of the talk about renewable energy has centered around wind and solar technologies, biomass has been steadily developing as a viable alternative, preferable in a number of ways to other renewables. Biomass refers primarily to recently living plant material that can be processed and used in a variety of ways to tap the energy captured from the sun by the plants. Although releasing that energy usually involves combustion, and the release of combustion related gases, biomass is still considered a green alternative because, unlike fossil fuels, the carbon released is balanced out by the carbon captured during the…

ThursdayDec 13, 2012 11:05 am

New Leaf Brands, Inc. (NLEF) CEO to Reveal Turnaround Plans Soon

Earlier this week, New Leaf Brands CEO David Fuselier announced that the company will soon implement a broad, wide-ranging strategic plan to become a leading North American beverage company. In the press release, he hinted that the company will be announcing its first acquisition and potential joint venture in the near future. It’s been said that Fuselier is eyeballing a broad range of potential acquisition targets, from brand marketers to a mid-Atlantic distributor, though very little has been publicly announced. New Leaf has, however, confirmed that meetings took place with executives from companies owning dozens of leading brands, as well…

ThursdayDec 13, 2012 7:22 am

Viscount Systems, Inc. (VSYS) Adds High Profile Executive to Management Team

Viscount Systems, a high technology supplier of security systems and software, announced the appointment of Dennis Raefield, a distinguished professional in the access control and security industry, as its Chief Operating Officer. Dennis Raefield was previously President of Honeywell Access Systems, a $100M+ division of Honeywell International focused on manufacturing enterprise level access control systems for Fortune 100 clients. Mr. Raefield was also President of Pinkerton Systems Integration (now Securitas), a $70M+ security system integration business installing video, access control, and alarms to Fortune 500 clients. Prior, he owned Omega Corporate Security, a west coast premiere systems integrator based in…

ThursdayDec 13, 2012 7:21 am

Commtouch Software Ltd. (CTCH) Announces Brian D. Briggs as Replacement for Current CFO, Ron Ela

Commtouch, a leading provider of Internet security technology and cloud-based services, yesterday announced that Brian D. Briggs will be appointed as CFO effective January 1, 2013. Briggs is set to replace current CFO Ron Ela. Briggs previously served as executive vice president and CFO at SecureNet Payment Systems, a payment processing technology provider. With over 22 years of finance and operations experience, Briggs will be a valued asset for Commtouch, offering extensive expertise in profitability building in both public and private equity sectors, including leading an IPO and over four years of successfully serving as CFO of a publicly traded…

WednesdayDec 12, 2012 3:25 pm

Trans-Lux Corp. (TNLX) Eyes Enhanced Competitive Edge in Cutting-Edge LED Market

Trans-Lux’s digital signage display solutions are used in the financial, sports and entertainment, gaming and leasing markets, both for indoor and outdoor applications. Since its conception more than 80 years ago, the company’s display equipment has been installed at thousands of locations worldwide, including major financial exchanges. The company’s TL Vision outdoor large screens leverage cutting-edge LED technology to generate high definition for large scale imaging ideal for stadiums, billboards, marquees, casinos, and other outdoor applications. The TL Vision LED indoor screen system is available for scalability, and can be custom configured to any shape and size. The company’s LED…

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