Blog - Page 3049 of 5452

ThursdayJan 05, 2012 12:02 pm

Targacept, Inc. (TRGT) Says AstraZeneca will Advance Alzheimer’s Drug

Targacept, Inc. currently has five mid-to-late-stage drug candidates using innovative NNR Therapeutics for difficult to treat diseases and disorders of the nervous system. NNR Therapeutics selectively modulates the activity of specific neuronal nicotinic receptors, which are unique proteins that regulate vital biological functions. The company today reported AstraZeneca has informed Targacept that it plans to progress the development of Targacept’s product candidate AZD1446 as a treatment for Alzheimer’s disease. AZD1446 is a selective modulator of the alpha4beta2 neuronal nicotinic receptor that arose out of a research collaboration between the two companies. The two companies signed a collaborative research and license…

ThursdayJan 05, 2012 11:59 am

EnerJex Resources, Inc. (ENRJ) Announces Completion of 50th New Well in Rantoul Project

Located in San Antonio, Texas, EnerJex has quickly made a name for themselves as a domestic onshore oil company with assets located in Eastern Kansas and South Texas. Today, the young company took a major step towards prominence with the announcement it has completed drilling 50 new wells in its Rantoul Project located in Eastern Kansas. In addition to this news, EnerJex provided updates on its Rantoul Project operation. Such updates include that the company has drilled 35 new production wells and 15 new water injection wells with a 100% success rate. Sixteen of the new production wells encountered a…

ThursdayJan 05, 2012 9:20 am

Juhl Wind, Inc. (JUHL) Receives $1.4 Million in US Stimulus Grant for Construction of Minnesota Wind Project Completed in Fourth Quarter 2011

Juhl Wind, Inc., the leader in Community Wind Power, today announced that the US Treasury Department has awarded $1,413,000 in US Stimulus Grant Funds for the construction of the Winona County Wind Project in Minnesota. The project was completed and started operating in the fourth quarter of 2011. Juhl Wind has completed six wind farm projects during the last two years worth over $150 million in project development. "The U.S. Stimulus program has provided very important support for the continuing growth of our Community Wind projects throughout the Midwestern United States. Community-owned wind farms not only deliver a totally clean…

ThursdayJan 05, 2012 9:15 am

Cornerstone Therapeutics (CRTX) Acquires Cardiokine

Cornerstone Therapeutics yesterday announced the acquisition of Cardiokine, Inc. The merger, effective December 30, 2011, will have Cornerstone receiving all outstanding shares of Cardiokine, which recently completed Phase III clinical trials for its compound, lixivaptan. Based in North Carolina, Cornerstone Therapeutics is a specialty pharmaceutical company focused on products for the respiratory, hospital and related markets. The company focuses on acquiring, developing and marketing said products, and leveraging existing business in niche portions of those same markets. The acquisition will grant Cornerstone worldwide rights to investigational therapy using lixivaptan, a compound designed to treat hyponatremia. Hyponatremia is a condition that…

ThursdayJan 05, 2012 8:09 am

Beacon Equity Research Featured Company: Strategic Mining Corp. (SMNG)

Strategic Mining Corp. is focused on becoming a significant developer of gold properties in Vietnam. The company is planning more exploration and development programs on its Vietnam properties, and intends to continue to expand its property base by acquisition and joint venture. The company’s business plan includes acquiring clusters of mine holdings in close geographic proximity in order to efficiently target known deposits and benefit from economies of scale. Strategic Mining’s goal is to extract gold deposits from its properties in a safe, responsible manner, while increasing the value of its company on behalf of shareholders. Let us hear your…

WednesdayJan 04, 2012 5:37 pm

REE International, Inc. (REEI) Announces Potential Acquisition of Mining Property in Bolivia

REE International, Inc., a U.S. based mineral exploration company focused on the exploration and production of rare earth elements, announced after the closing bell today that it anticipates signing a letter of intent within the next 30 days to purchase a tantalum producing property located in the country of Bolivia. Tantalum is a rare, lustrous transition metal that is highly corrosion resistant and almost impervious to chemical attack. The metal's primary use today is in tantalum capacitors found in electronic equipment, such as mobile phones, DVD players, video game systems and computers. Tantalum, always together with the chemically similar niobium,…

WednesdayJan 04, 2012 5:32 pm

North Springs Resources Corp. (NSRS) Signs Definitive Agreement on Premiere Arizona Gold Property

Today, North Springs Resources, the aggressive young mineral developer currently in the evaluation/acquisition/development phase, announced signing a definitive joint venture agreement with DNP Mining LLP on the Goldstar/One Arm Joe Gold Project outside Wickenburg, AZ. Extensive due diligence related to the strategic acquisition in Goldstar, which is calculated as an ideal fit for NSRS’s target of production in the near term, has culminated in this definitive agreement, which will see the Company picking up as much as a 35% interest via the conducting/financing of mineral exploration at the site. Further terms of the deal are as follows: • 20% WI…

WednesdayJan 04, 2012 3:52 pm

Beacon Equity Research Featured Company: GreenCell, Inc. (GCLL)

GreenCell develops, commercializes and markets SenCer's UltraTemp(TM) ceramic composite materials for Home and Transportation applications via a joint venture agreement. GreenCell has identified multiple industries with significant commercial applications with potential revolutionary results. Some of the many applications for this technology are SOFC Fuel Cells, Igniters, Braking, Oxygen Sensors, and Ceramic Heaters. SenCer’s materials have exhibited excellent thermal and temperature stability as high as 1800°C. The physical pore structure and fiber physiology have allowed an unprecedented bond when coatings of high purity oxide and metals are placed on the surface and co-fired with the composite. These unparalleled qualities have enabled…

WednesdayJan 04, 2012 2:14 pm

Ecosphere Technologies, Inc. (ESPH) to Report $20M in 2011 Revenue, Announces Contractual Purchase Order from Hydrozonix

Ecosphere Technologies, Inc., diversified water engineering, technology licensing and environmental services company for industrial markets, today announced that it will report in excess of $20 million in revenues for 2011. “We will report over $20 million in revenue for 2011 which more than doubles our performance in 2010. With revenue greater than $8 million in the Q4 2011, we will report a 228 percent revenue increase versus the comparative quarter in 2010. In addition to solid revenue growth, we have made significant strides in reducing our debt from $3.1 million to $2.3 million," Adrian Goldfarb, CFO of Ecosphere Technologies, stated…

WednesdayJan 04, 2012 2:12 pm

Athersys, Inc. (ATHX) Awarded Patent Protection for MultiStem Product Platform, adding to Current IP Portfolio

Clinical stage biopharmaceutical company Athersys Inc. today announced it has been granted a patent that covers the company’s proprietary cell therapy product, MultiStem®. MultiStem is an investigational stem cell therapy with demonstrated therapeutic potential to treat a broad range of indications in the cardiovascular, neurological, and inflammatory and immune condition disease areas. The patent covers the use of non-embryonic multipotent stem cells for the treatment of cardiovascular conditions, including heart attack and congestive heart failure. The patent also provides protection for several techniques of stem cell delivery for the treatment of such conditions. "Cardiovascular disease represents an important opportunity area…

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