ThursdayFeb 02, 2012 12:52 pm

Delcath Systems (DCTH) Announces First European Chemosat Procedures for Treatment of Cancers in Liver

Delcath Systems Inc., a development-stage specialty pharmaceutical and medical device company focused on oncology, today announced that the first patients in Europe have been treated with the Delcath Hepatic CHEMOSAT® Delivery System at the European Institute of Oncology (IEO), a premier cancer treatment and research center in Milan. CHEMOSAT is a proprietary product that utilizes a minimally invasive, repeatable procedure to deliver high doses of chemotherapeutic drugs directly to the liver while minimizing systemic exposure of such drugs. The two patients were treated for inoperable liver-dominant metastases from ocular melanoma and gastric cancer. Delcath reports that the procedures were successfully…

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ThursdayFeb 02, 2012 12:49 pm

Cytomedix (CMXI) to Receive Additional $2.5M Payment as Part of Official Option Extension

Cytomedix Inc., a leading developer of biologically active regenerative therapies for wound care, inflammation and angiogenesis, today announced that as part of the official extension of its license agreement with a top global pharmaceutical company, it will receive an additional $2.5 million non-refundable payment, which is expected to be received on or before February 15, 2012. The option extension will now run through June 30, 2012, during which time the companies will establish a formal negotiation of an exclusive license and supply agreement for the distribution of the Cytomedix’ AutoloGel™ System. "We are especially pleased to extend the option period…

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ThursdayFeb 02, 2012 12:14 pm

Obama Proposes New Options for Homeowners as Housing Concerns Remain Top Issue for Reelection

As Republicans move on from the Florida primary to Nevada, President Obama tackles the biggest issue affecting both states - the housing bubble. While visiting a Northern Virginia community center Wednesday, Obama outlined details of a new housing plan unveiled at the State of the Union which he hopes will finally get more people buying and refinancing homes. The plan is designed to make it easier for millions of homeowners to refinance their mortgages at lower rates to combat foreclosures or help those unable to get loans when they owe more than their homes are worth. The key element of…

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WednesdayFeb 01, 2012 5:34 pm

PetroQuest Energy, Inc. (PQ) Reports on Oil and Gas Activity in Oklahoma

PetroQuest Energy, Inc. provided an operational update on the company’s oil and gas exploration and development activity in the United States. The company is active in various onshore plays, including the Woodford Shale and Mississippi Lime. PetroQuest Energy has started production on 10 wells recently drilled and completed into the Woodford Shale in Oklahoma. The company estimated that the average initial production rate for these wells was 5.1 million cubic feet of natural gas per day. PetroQuest Energy said that four of the wells were drilled in the western portion of the company’s Woodford Shale properties and produced natural gas…

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WednesdayFeb 01, 2012 5:31 pm

Timberline Resources Corp. (TLR) Announces Appointment of Steve Osterberg as V.P. of Exploration

Timberline Resources Corp. announced today the appointment of Steve Osterberg, Ph.D., P.G., Q.P., as vice president of exploration. Osterberg has 25 years of experience in domestic and international minerals exploration, as well as multi-disciplined experience in every aspect of economic exploration geology. He has taken part in the advancement of numerous exploration discoveries and also managed his own geologic consulting practice, developing and leading the geology-geohydrology-geochemistry practice at Tetra-Tech Metals and Mining. Osterberg’s experience and education will be valuable to Timberline as the company moves its Butte Highlands Gold Project toward production and also advances its explorations properties. Osterberg’s experience…

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WednesdayFeb 01, 2012 2:04 pm

Bovie Medical Corp. (BVX) Receives 510K Clearance for J-Plasma™ Handpiece

Bovie Medical Corp., a manufacturer and marketer of electrosurgical products, today announced it has received 510k clearance from the U.S. Food and Drug Administration (FDA) to market its J-Plasma™ handpiece with retractable cutting feature to be used for soft tissue coagulation during surgery. The J-Plasma handpiece will be powered by Bovie’s GS electrosurgical generator, which has also previously obtained 510k market clearance. “This is a significant development toward Bovie becoming a leader in plasma surgery and achieving increased prominence in the electrosurgery marketplace,” Bovie CEO Andrew Makrides stated in the press release. Bovie recently received a United States patent for…

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WednesdayFeb 01, 2012 1:36 pm

Axion International Holdings, Inc. (AXIH) Makes “Green” Easy

Traditionally, the idea of going “green” has been associated with a certain amount of sacrifice, on an individual, company, or national basis. The assumption has been that the environment is an investment, presumably a worthwhile one, that inevitably requires more money or more work, and any environmental move that is easy must be so due to some sort of governmental subsidy. But one company has managed to turn the notion of environmental sacrifice on its head. Axion International, a designer and developer of eco-friendly structural building solutions, has patented processes, based upon exclusively licensed technology developed in conjunction with scientists…

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WednesdayFeb 01, 2012 12:04 pm

Earnings for Redwood Capital Bancorp (RWCB) Soar 70%

Redwood Capital Bancorp is the only locally owned and operated community bank holding company in Humboldt County, California. The company today announced unaudited financial results for the three and twelve month periods ended December 31, 2011. Total assets as of the end of 2011 were $241.7 million, a slight gain of 1% from September 30, 2011 and a sharp increase of 13% since December 31, 2010. Total deposits stood at $216.8 million at the end of 2011, which was again a 1% rise from the September quarter and a solid 12% gain from December 31, 2010. Total loans rose a…

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WednesdayFeb 01, 2012 10:57 am

On the Move Systems Corp. (OMVS) Eyes Multi-Billion Dollar Chinese Mobile Market with Explosion of iPhone Use

On the Move Systems is an evolving company that has earned its reputation by focusing on the development of cutting-edge technology across a broad spectrum of industries which range from solar energy to communications technology. Analysts are predicting Apple could move as many as 40 million iPhones in China in 2013. China is a critical market for Apple, and the company has invested heavily in increasing their footprint in the country. A prime example of this happened earlier this month with the arrival of the iPhone 4S. During this event, the country watched crushing crowds that actually forced the company…

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