FridayJan 06, 2012 1:57 pm

BioDelivery Sciences (BDSI) and Endo (ENDP) Ink $180M Licensing and Development Agreement

BioDelivery Sciences International, a specialty pharmaceutical company focused on developing products in the areas of pain management and oncology supportive care, today announced it has signed a $180 million agreement with Endo Pharmaceuticals for worldwide exclusive rights to develop and commercialize BEMA Buprenorphine for the treatment of chronic pain. BEMA Buprenorphine utilizes BioDelivery Sciences’ patented BioErodible MucoAdhesive (BEMA) technology to deliver the pain-reliving opiate drug. Per the agreement, Endo will be responsible for the manufacturing, distribution, marketing and sales of BEMA Buprenorphine on a worldwide scale. Both companies will collaborate to organize the phase III clinical development program and regulatory…

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FridayJan 06, 2012 12:03 pm

POWRtec International Corp. (POWT) Signs Contract with DONG Energy for 50,000 Smart Read Meters

California-based energy monitoring company, POWRtec International Corp. announced today that it has signed a contract with DONG Energy to secure the delivery of 50,000 of its Smart Read Meters. The Danish energy giant is one of the leading energy groups in Northern Europe and is known for its visionary approach to providing clean and reliable energy. POWRtec's Smart Read meters allow for efficient and comprehensive analysis of energy usage. This benefits the utility provider, the end-user and ultimately the environment. To date, POWRtec has delivered 160,000 meters to DONG Energy; following this agreement, that total will raise to 210,000 meters…

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FridayJan 06, 2012 11:00 am

Cardium Therapeutics, Inc. (CXM) Video Chart for Friday, January 6, 2012

CXM made a nice move yesterday, closing up more than 15 percent, but dropped a long-upper shadow by closing away from the high of the day.  The stock price has consolidated since a strong move in October, but could be ready to try and make another push, catching the eyes of technical and biotech stock traders. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

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FridayJan 06, 2012 10:44 am

Crimson Exploration, Inc. (CXPO) Issues Oil and Gas Operational Update, Sets 2012 Capital Budget

Crimson Exploration, Inc. issued an operational update on its oil and gas activities in the United States. The company is active in various onshore plays, including the Woodbine, Eagle Ford Shale, Lower Cook Mountain and Niobrara formations. Crimson Exploration reported that the company has spud its first well targeting the Woodbine formation. The well is located in Madison County, Texas, and will be drilled to a total measured depth of 16,900 feet, with a 7,500 foot lateral. Crimson Exploration estimates that drilling activity on this well will take approximately 35 days, after which completion operations will begin. The company expects…

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ThursdayJan 05, 2012 4:16 pm

Beacon Equity Research Featured Company: Midas Medici Group Holdings, Inc. (MMED)

Midas Medici Group Holdings is a green IT company that supplies mid-sized and select enterprises and institutions with leading-edge IT solutions in the fields of virtualization, cloud computing and data management. The company also works with utilities and other institutions to transform the electric grid through digital technologies in the United States and Brazil. Across its CIMCORP, Consonus and UtiliPoint brands, the company works with its customers by optimizing IT and data center investments, cutting energy usage and preventing data loss, all while maximizing productivity. Midas is focused on positioning itself to take advantage of the high-growth IT industry through…

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ThursdayJan 05, 2012 3:17 pm

SmallCapVoice: Kensington Court Ventures Inc. and Stronghold Metals Inc. (SDMTF) Enter Into Definitive Share Purchase Agreement

Kensington Court Ventures Inc. (TSX: KCT), a capital pool company subject to the rules and policies of the TSX Venture Exchange (the “Exchange”), and Stronghold Metals Inc. (TSX:Z)(OTCQX: SDMTF)(Frankfurt: E9X.F), a Tier 2 Exchange listed issuer incorporated under the laws of British Columbia, are pleased to announce that further to Press Release made in August 2011, the companies have now entered into a Definitive Share Purchase Agreement, whereby Kensington will acquire 100% of the issued and outstanding quotas (shares) of Stronghold’s wholly-owned subsidiary, Stronghold Brasil Mineracao Ltda. (“SBM”) (formerly named Mineracao Vale Do Sonho Ltda) (the “Acquisition”). SBM, a private…

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ThursdayJan 05, 2012 2:19 pm

Viking Systems (VKNG) to Report 34% Increase in FY2011 Revenues

Viking Systems Inc., a leading worldwide developer, manufacturer and marketer of 3D and 2D visualization solutions for complex minimally invasive surgery, today announced that it expects to report full-year 2011 sales of approximately $10.8 million, a 34 percent increase over the $8.0 million in revenue reported for 2010. For the 12 months ended Dec. 31, 2011, Viking sold 56 of its recently-released 3DHD Vision Systems, adding weight to the company’s 2011 revenues and reflecting strong international sales. "We continue to be very pleased with the progress we are making in the market and the consistently positive feedback we get from…

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ThursdayJan 05, 2012 2:14 pm

US Dataworks’ (UDWK) Clearingworks Service Hits $120B in Processed Payments

US Dataworks, Inc., a provider of payment processing solutions, today announced that more than $120 billion dollars in payments were processed through a cloud deployment of the company’s Clearingworks® payment processing platform, which is offered in a cloud-delivery model as well as a traditional on-premise solution. Clearingworks processes checks, electronic checks, Automated Clearing House (ACH) payments and credit/debit cards. "As part of our white-glove service, we regularly monitor key volumes and trends in our cloud solution. In December, we saw our volumes for the calendar year climb over 145 million payments totaling more than $120 billion. Now we have clear…

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ThursdayJan 05, 2012 2:03 pm

Expanding Range of Markets for FluoroPharma Medical, Inc. (FPMI)

Fluoropharma Medical, developer of advanced medical diagnostic imaging products, sees an open-ended range of potential markets in its future, since many of the possibilities related to the advanced imaging technologies on which the company is focused have only begun to be explored. FluoroPharma’s products support the fast growing PET (positron emission tomography) industry, a branch of nuclear medicine that produces a 3D image of previously hidden biological processes occurring within the body. Unlike most imaging tools, designed to reveal various structures inside the body, PET technology reveals processes at the cellular and even molecular level, providing a unique insight into…

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ThursdayJan 05, 2012 12:09 pm

Albany Molecular Research Inc. (AMRI) and BioPontis Alliance LLC Enter Preferred Provider Agreement to Identify New Drug Opportunities

Albany Molecular Research Inc., an Albany based global contract services and manufacturing organization, announced today that it will work with BioPontis Alliance, LLC in a preferred provider agreement to support BioPontis’ mission to bridge the gap between early stage research and technologies that come out of academia and other research outlets. AMRI will provide its expertise in small molecule discovery, development, and manufacturing. The partnership is expected to help find promising early stage product opportunities and create a preferred network of leading research companies to help develop new drugs to attract pharmaceutical company licensing partners. BioPontis has formed research alliances…

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