FridayJun 22, 2012 3:18 pm

FDA Approves Cellceutix Corp. (CTIX) Proposed Phase I Clinical Trial for Anti-Cancer Compound

Biopharm company Cellceutix today said the U.S. Food and Drug Administration (FDA) has reviewed the company's Investigational New Drug (IND) application for its novel anti-cancer compound Kevetrin™ and has approved the company’s advancement to phase I clinical trial. The phase 1 clinical trial for Kevetrin will take place at Harvard Cancer Center's Dana-Farber Cancer Institute and partner Beth Israel Deaconess Medical Center. The company also announced that both the Institutional Review Board and the Scientific Review Committee have approved the protocol for the clinical trial. Cellceutix said it will provide details on the commencement of the clinical trials to shareholders…

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FridayJun 22, 2012 3:16 pm

Great Wall Builders Ltd. (GWBU) Distributor Inks Distribution Contract for FEED Units in Slovenia

Great Wall Builders, dba "Start Technologies Europe," along with the company’s exclusive European distributor NESS Tech GmbH, today announced the appointment of TE.SIS d.o.o, as its agent for the Slovenian market. The company on May 18, 2012, reported NESS Tech GmbH as the exclusive GWBU agent for the European Union and other select European markets, per a five-year agreement. The distribution contract between NESS Tech and TE.SIS d.o.o. calls for a minimum wholesale purchase of EUR750,000 in Start Fuel Efficiency and Emission Device (FEED) units in the first 12 months in addition to the requirement to increase the minimum purchase…

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FridayJun 22, 2012 3:15 pm

Accelr8 Technology Corp. (AXK) Announces Results of Two Studies and Receives Approval to Present a New Blood Study

Accelr8 Technology today announced the promising results of two studies that it presented at the 112th annual General Meeting of the American Society for Microbiology. The first study involved the use of Accelr8’s BACcel™ rapid automated diagnostic system with positive blood cultures to identify a significant, complex multi-drug resistance expression type know as “ESBL.” The study showed that the system was capable of maintaining 100% sensitivity and 94% specificity while decreasing time to result by 1-2 days over the best standard method used today. Identifying ESBL resistance has become an incredibly important endeavor, as ESBL resistance has spread across the…

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FridayJun 22, 2012 1:42 pm

USA Recycling Industries, Inc. (USRI) Wins Customers by Making Recycling Easy

In the rapidly growing industrial recycling industry, the difference between success and failure rests upon satisfying the client, providing them recycling services that are not only economical, but are also easy to live with. Especially in tight economic times, companies have little tolerance for wasted time or money. USA Recycling Industries is focused on the collection of recyclable waste materials and providing specialty disposal services for the automotive service center industry. This includes scrap metal recycling, oil filter disposal, automotive oil and lubricant disposal, used tire and battery collection and disposal, and related services. They differentiate themselves from their competitors…

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FridayJun 22, 2012 1:31 pm

Gold Standard Ventures Corp. (GSV) Nails Down $20M Public Offering, Plans to Develop Flagship Nevada Gold Project

Gold Standard Ventures has relentlessly pursued a very clear strategy since the company’s inception to go after district-scale lockdown of gold mineralized acreage in Nevada and issued a report today detailing their latest effort to muscle out gold production, with the move to sell 10M shares of GSV common stock, raising proceeds that will fund exploration/development. Emphasis will be placed on developing the company’s flagship project in Elko County, the some 21k-acre Railroad Project (adjacent to Newmont Mining’s Rain/Emigrant mines), which features rich Carlin-type mineralization in collapsed breccias. In addition, ancillary drilling, exploration, and other such efforts, will benefit from…

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FridayJun 22, 2012 11:06 am

L&L Energy, Inc. (LLEN) Enters Agreement to Acquire Another Chinese Coal Mine

Seattle-based L&L Energy, a company with coal operations in China, is one of the few that Chinese authorities picked to be a consolidator of its coal industry, buying up smaller coal companies. The company today has more than 1,000 employees, growing from just one when it started operations 17 years ago. The company announced today that it has signed a memorandum of understanding to acquire a 50 percent controlling interest in the LuoZhou Mine in HeZhang County, Guizhou Province in China. It will pay a deposit of approximately $349,000 for LuoZhou. The remaining balance will be paid in installments under…

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FridayJun 22, 2012 11:00 am

FluoroPharma Medical, Inc. (FPMI) Offers Major Market Advantages

For developing businesses, one of the keys to potential growth is to present products that have unique benefits not found elsewhere, providing a decided advantage in the marketplace. In the rapidly expanding field of molecular imaging, FluoroPharma Medical differentiates itself by developing unique imaging agents used in PET (Positron Emission Tomography). The company is developing radiopharmaceuticals that allow the early detection of disease, such as heart disease, long before traditional symptoms appear. The products that FluoroPharma is developing have distinct advantages in their ability to highlight critical processes that point to developing cardiovascular disease, sometimes called coronary artery disease (CAD),…

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FridayJun 22, 2012 8:16 am

American Shared Hospital Services (AMS) Enters Contract to Provide Gamma Knife Perfexion System to Northern Westchester Hospital in New York

American Shared Hospital Services announced it has entered into a contract to supply a Gamma Knife Perfexion system to Northern Westchester Hospital (NWH), located in Mt. Kisco, N.Y. American Shared Hospital Services provided NWH with its existing Gamma Knife in 2005, and the Perfexion system will be an upgrade to that Gamma Knife. Patient treatments on this Perfexion system are anticipated to begin in the fourth quarter, pending regulatory approval. A proven choice for radiosurgery of the brain, American Shared Hospital Services’ Gamma Knife Perfexion is supported by efficacy and outcome data from 600,000 treated patients around the world and…

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ThursdayJun 21, 2012 4:12 pm

MMRGlobal, Inc. (MMRF) and 4medica Collaborate to Launch Communications Gateway

MMRGlobal and 4medica, a cloud SaaS clinical integration platform provider, today announced that 4medica will incorporate MMR's patented systems into its Integrated Electronic Health Record (4medica iEHR®) to create Communications Gateway, which is designed to protect patient privacy and bolster communication between patient and medical provider. Communications Gateway is an EHR platform for secure, HIPAA-compliant inbound/outbound faxing that enables 4medica’s client base of labs, physician practices, and individual practitioners to receive encrypted faxes directly into their 4medica iEHRs, and gives them the ability to fax directly from the application to a domestic or international destination. "The move to electronic medical…

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ThursdayJun 21, 2012 4:10 pm

Virtual Piggy, Inc. (VPIG) Grows Financial Payment System to Support Monthly Subscriptions

E-commerce solution Virtual Piggy today announced that it has expanded its financial payment system to support monthly subscriptions of teens and tweens who purchase subscriptions within games and other online digital media services via Virtual Piggy accounts. Fanlala will be one of the first companies to integrate Virtual Piggy’s new subscription payment model. Fanlala is a social entertainment and lifestyle platform specifically designed for teens and tweens and is comprised of music streaming, broadcasting of new and original series, and more. With the new payment solution, Fanlala users will be able to sign up for music, games, and other digital…

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