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TuesdayApr 19, 2011 8:56 am

Cumberland Pharmaceuticals, Inc. (CPIX) to Acquire Rights to Ifetroban from Vanderbilt

Today before the opening bell, Cumberland Pharmaceuticals Inc., a specialty pharmaceutical company focused on hospital acute care and gastroenterology markets, announced that it has signed an agreement to acquire the rights to ifetroban, a new Phase II development product. Cumberland acquired Ifetroban from Vanderbilt through its majority-owned subsidiary, Cumberland Emerging Technologies (CET). Under the brand name Hepatoren™ (ifetroban) Injection, the company has initiated clinical development and is evaluating the product for the treatment of critically ill hospitalized patients suffering from Hepatorenal Syndrome (HRS). Cumberland has already received clearance from the U.S. Food and Drug Administration (FDA) for its investigational new…

TuesdayApr 19, 2011 8:44 am

MedPro Safety Products (MPSP) and Greiner Bio-One GmbH Announce Product Launch of VACUETTE® Premium Safety Needle System Tube-Touch®

MedPro Safety Products, Inc., a leading developer of transformational technologies that enable safer medication delivery and blood collection, and its product partner Greiner Bio-One GmbH were excited to announce this morning the market release of the VACUETTE® PREMIUM Safety Needle System Tube-Touch. This patented technology enables the safety of a blood sample collection product with a truly passive needlestick prevention feature. Manufactured by Greiner Bio-One in their new state of the art facility in Upper Austria, the first production units are now available for purchase in the U.S. “The launch of the VACUETTE® PREMIUM Safety Needle System Tube-Touch product provides…

TuesdayApr 19, 2011 8:13 am

LookSmart Ltd. (LOOK) Appoints Scott Kauffman to Board of Directors

LookSmart, Ltd. announced the appointment of Scott Kauffman to its board of directors. Kauffman is also currently the Chairman of several internet-based venture-backed companies such as TuneUp Media, MetaChannels, Lotarme, and Minibox. Based in San Francisco, California, LookSmart is an online search advertising network solutions company for search advertisers and online publishers. LookSmart offers search advertising via its Advertiser Network and an Ad Center platform for online publishers. Kauffman is a business veteran of 25 years, with senior executive and board leadership experience in public and private companies, having spent a large amount of time in the internet media sector,…

TuesdayApr 19, 2011 8:11 am

BioSante Pharmaceuticals, Inc. (BPAX) Licenses Vaccine to Aduro BioTech

Yesterday, BioSante Pharmaceuticals, Inc. announced that it has licensed its Pancreas Cancer Vaccine and Prostate Cancer Vaccine to Aduro BioTech, a clinical-stage immunotherapy company, for use in combination with Aduro’s proprietary vaccine platform based on Listeria monocytogenes (Lm). BioSante will receive milestone and royalty payments after commercialization of combination cancer vaccines using BioSante’s cancer vaccine technology; Aduro also has an option to additional BioSante Cancer Vaccine indications, all for use in combination with its proprietary vaccine platform. CRS-207 is Aduro’s lead Lm-based therapeutic and has been engineered to express the tumor-associated antigen mesothelin. CRS-207 was evaluated in a Phase I…

MondayApr 18, 2011 5:10 pm

PharmStar Pharmaceuticals, Inc. (PHAR) Seeks New Facility to Expedite AQUAPRIN™ Marketing

The U.S. Food and Drug Administration (FDA) is a tough bird, no doubt about it. When it comes to meeting all of the rules and stringent guidelines, most investors only think about the safety and efficacy of a drug, but there is much more to it. Current Good Manufacturing Practices (CGMP) also play a large role in bringing a drug to market and, subsequently, keeping it on the market. PharmStar Phamaceuticals is on top of the guidelines and looking to possibly move into a new facility to accelerate the marketing of its main drug, AQUAPRIN™. AQUAPRIN™, an FDA-approved Over-the-Counter (OTC)…

MondayApr 18, 2011 5:03 pm

Jiangbo Pharmaceuticals, Inc (JGBO) Enters New Letter of Intent to Acquire Shandong Zinkangqi Medical Company

Jiangbo Pharmaceuticals Inc., a company that engages in the research, development, production, marketing, and sale of pharmaceutical products in China, has announced that Liayang Jiangbo Pharmaceutical Co., Ltd., a limited liability company that is organized in terms of the laws of PRC and is controlled by Jiangbo through contractual agreements, has signed a new Letter of Intent (LOI) with Shandong Xinkangqi Medical Company, a wholesale drug provider in the Shandong Province. The LOI entitles Laiyang Jiangbo to obtain 100% of the outstanding equity of Xinkangqi. Xinkangqi, which was founded in 2003, is one of the first companies in the Shandong…

MondayApr 18, 2011 3:43 pm

Max Media Group, Inc. (MXMI) is “One to Watch”

Max Media Group, Inc. has a very simple, yet very powerful and extensible revenue model in the monetization of user-generated content in specific, high-value niche markets via the development of user content-based sites featuring key advertising partners like eBay. The Company has developed a host of websites, one for each of a variety of different niche markets in sport and automotive vehicles ranging from classic/exotic cars to sport boats and planes. MXMI leverages content aggregation and monetization to create user-powered market portals that are real-time and constantly generating new content. Primary sites’ content focuses on highly sought after vehicles and/or…

MondayApr 18, 2011 1:46 pm

Tivus, Inc. (TIVU) Provides Overview of National Association of Broadcasters 2011 NABShow Attendance

Earlier today, Tivus, Inc. reported on its attendance at the National Association of Broadcasters (NAB) NABShow® conference held from April 9-14, 2011, at the Las Vegas Convention Center in Las Vegas, Nevada. "In addition to the conference attendance, we had discussions with top-level representatives from major hotel and casino properties in Las Vegas," stated Shiva Prakash, Tivus' president and chief executive officer. "After reviewing the plethora of IP-based content and HD IPTV technology innovations presented, I must admit it was gratifying to confirm our business plan is not only on the leading edge of this burgeoning platform, but it appears…

MondayApr 18, 2011 1:14 pm

L&L Energy (LLEN) Wins Two Contracts to Supply Metallurgical Coal to Kunming Iron & Steel

L&L Energy is in the business of coal mining, washing, coking and distribution of coal in the Yunnan and Guizhou Provinces in China. The company produces both metallurgical and thermal coal and showed impressive net income growth of 230% over the previous fiscal year. The company announced today that it entered into two purchase contracts, supplying a total of 700,000 tons of coal to Kunming Iron & Steel Group Limited of China. Kunming is a long-term customer of L&L and is the largest iron and steel producer in Yunnan Province. It has 30,000 employees and reported more than $1 billion…

MondayApr 18, 2011 1:13 pm

Ecologic Transportation, Inc. (EGCT) Taps High Powered Board

Although the goal of Ecologic Transportation is, in their own words, “to become a leading force in delivering environmentally friendly automobile technology and new clean fuel options to all customers”, the strength of their board is primarily the experience of its members in business development and financing. In addition to William Pamondon III, the company’s CEO, who has over 30 years of leadership and development experience, the Ecologic board has four other members well-versed in the development of public and private business. • Edward Withrow III is an entrepreneurial expert, adept at identifying and turning around small undervalued and underfunded…

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