Blog - Page 3219 of 5683

ThursdayApr 19, 2012 12:26 pm

Palatin Technologies, Inc. (PTN) Announces Start of Second Phase I Trial of Its Obesity Compound

Palatin Technologies is a biopharmaceutical company developing targeted, receptor-specific peptide therapeutics for the treatment of diseases with unmet medical needs and significant commercial potential. Obesity is also a focus of the company. Palatin Technologies reported today that a second Phase I clinical trial of AZD2820 has begun with the dosing of the first patient. The compound is administered under the skin and is a peptide melanocortin receptor partial agonist which is under development for treating obesity. The compound is a clinical candidate selected by European drug firm AstraZeneca (NYSE: AZN) from a collaborative research program with Palatin Technologies. AstraZeneca has…

ThursdayApr 19, 2012 12:25 pm

SPI Solar, Inc. (SOPW) Inks MOU with Taneo Fund to Build 23MW of Solar Projects across Greece

SPI Solar, a leading vertically integrated photovoltaic (PV) solar developer, today announced that it has entered into a memorandum of understanding (MOU) with two fund management companies to develop utility-scale solar energy facilities (SEF) across Greece. Thermi-Taneo Venture Capital Fund and AIMS-Taneo Fund are part of the New Economic Development Fund called the Taneo Fund, a Greek-state sponsored, privately funded and independently managed fund-of-funds focused on venture-capital investments in Greece and Europe. The MOU greatly enhances SPI’s opportunity to triple its development projects across Greece. “We are very pleased to have this agreement in place. It represents a significant opportunity…

ThursdayApr 19, 2012 12:06 pm

Shelron Group, Inc. (SRNG) Moves to Secure Six Key Licenses on Prime Gold Exploration Acreage in Northern Chile

NY-headquartered mineral E&D (emphasis on gold and copper) company Shelron Group, which is primarily focused on rigorously analyzing and identifying key acquisition targets in Africa/South America, announced today that its newly formed subsidiary, Serena Gold, LLC, has signed a binding memorandum of understanding to acquire prime territory in Northern Chile via six (1,800) gold exploration licenses. This cherry little patch of land has stunning geological analogs, with the nearest being the producing Carmen de Andacollo deposit, which saw some $40M in output in 2010 alone (27,700 oz Au and 34.8kt of Cu). The soon-to-be-acquired prospect is just over five miles…

ThursdayApr 19, 2012 8:55 am

NeuroMetrix, Inc. (NURO) Files 510(k) for Pain Therapy Device

Yesterday, medical device company NeuroMetrix announced that it has filed a 501(k), also known as a premarket notification, with the Food and Drug Administration for its SENSUS Pain Therapy device. SENSUS is a non-invasive transcutaneous electrical nerve stimulator that is used for pain management and relief. The system is designed to treat chronic intractable pain, such as that associated with diabetic neuropathy. Painful diabetic neuropathy affects as many as 10-20% of people with diabetes, and is a serious and disabling complication of diabetic peripheral neuropathy (DPN). The pain is typically managed pharmacologically; however, many patients remain undertreated. Recent evidence based…

ThursdayApr 19, 2012 8:20 am

GlobalWise Investments, Inc. (GWIV) Helps CareWorks Solve Complex Medical Claims Processing Challenges

GlobalWise Investments and its wholly owned subsidiary Intellinetics, a leading-edge technology company focused on the design, implementation, and management of cloud-based Enterprise Content Management ("ECM") systems in both the public and private sectors, today provided investors with a case study for one of their clients, CareWorks (www.CareWorks.com). A Dublin, Ohio based client of Intellinetics, CareWorks provides a complete suite of technology solutions to effectively manage claims and medical management services for workers' compensation, disability, and integrated absence management. The company deals in many forms of electronic and paper content with a need to process those items across multiple departments. After…

WednesdayApr 18, 2012 1:45 pm

Tri-Valley Corp. (TIV) Reports FY11 Financials and Operational Update

Tri-Valley, the name behind a growing footprint of oil and natural gas E&P infrastructure in CA (specifically the Pleasant Valley Oil Sands Project in the Oxnard Oil Field and the Claflin Project in the Edison Field), as well as two emerging, exploration-stage gold properties in Alaska, offered FY11 (ended Dec 31, 2011) financial results today, also providing an overview/update on business-wide operations. Compared to FY10: - Oil and gas production revenues jumped 34% to $2.3M (total revenues of $2.6M) - Net oil production climbed 21% to 29,785 barrels - Gross Production up 33% at Pleasant Valley to 269 barrels/day -…

WednesdayApr 18, 2012 1:38 pm

MusclePharm Corp. (MSLP) Gives Update on Corporate Activities

MusclePharm is a nutritional supplement company focused on helping consumers enjoy a healthy, active lifestyle. The company develops and manufactures an entire line of NSF International and Informed Choice approved nutritional supplements that are free of banned substances. Its line of supplements are sold in more than 120 countries are available in over 10,000 US retail outlets. The company today provided some updates regarding its business activities. Foremost among these is the announcement that MusclePharm is finalizing agreements with two top U.S. retail chain stores to supply MusclePharm supplements and its MMA Elite branded product. The two retail chains in…

WednesdayApr 18, 2012 1:22 pm

Beacon Enterprise Solutions Group, Inc. (BEAC) and the End of Business-As-Usual

Over the past decade, changes have been bubbling up within the Information Technology industry at a rate faster than perhaps ever before. Not since the spread of the personal computer and the beginnings of the Internet have so many things been happening in such a short time. But things aren’t just changing because of the introduction of a single dramatic new technology. There are a number of significant technological and social shifts that are opening up incalculable new opportunities, while requiring a profound rethink of how business should be done. Although a number of these developments remain largely underground, where…

WednesdayApr 18, 2012 11:44 am

Metabolix, Inc. (MBLX) Opens First International Office in Cologne, Germany

Bioscience company Metabolix announced today the launch of a new office in Cologne, Germany, which opened its doors on April 16. The space, located in the BioCampus Cologne life science park, will give the company direct access to the European market for biopolymers and will be a coordination point for Metabolix’s regional initiatives in renewable chemicals. The opening of this new office marks the company’s first international expansion. The Cologne office will coordinate business development, customer service, and technical support for Metabolix’s business partners and biopolymer customers in Europe. With a growing focus on sustainability initiatives in the European Union,…

WednesdayApr 18, 2012 11:08 am

SilverSun Technologies, Inc. (SSNT) Subsidiary Lands Another Major Sage ERP X3 Sale

SilverSun Technologies, Inc., a preferred source for best-of-breed business management applications and professional consulting services, just announced that its principal operating subsidiary, SWK Technologies, completed the sale of the Sage ERP X3 global enterprise solution. Valued at more than $200,000, the contract was awarded by a major power generation facility in the Northeastern U.S. "SWK continues on its path to become the pre-eminent reseller of Sage ERP X3 in North America,” Mark Meller, CEO of SilverSun Technologies, stated. “We have made a significant commitment to Sage ERP X3 in time and money, and our investment has been greatly rewarded. Our…

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