ThursdayNov 04, 2010 8:04 am

InSite Vision Inc. (INSV.OB) Awarded Therapeutic Discovery Project Grant

InSite Vision Inc. announced yesterday that they will receive $489,000 under the U.S. Government's Qualifying Therapeutic Discovery Project (QTDP) program. The grant was awarded in recognition of two clinical-stage programs. One is ISV-502, a product candidate being developed for the treatment of blepharitis. The other is ISV-303; a topical anti-inflammatory product intended to reduce the pain and inflammation associated with ocular surgery. The QTDP credit is available to biotechnology companies who are conducting studies or carrying out research for the purpose of securing approval from the U.S. Food and Drug Administration for products that address an area of unmet medical…

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ThursdayNov 04, 2010 8:02 am

Access Pharmaceuticals, Inc. (ACCP.OB) Commences Phase II Trial for Ovarian Drug

Access Pharmaceuticals Inc. is a biopharmaceutical company that develops and commercializes proprietary products for the treatment and supportive care of cancer patients. The company recently commenced a phase II combination trial for its second generation DACH-platinum ovarian cancer drug ProLindac. The trial is a study of intravenously administered ProLindac, in combination with paclitaxel; the trial will be conducted in up to eight European centers. Proessor Esteban Cvitkovic, vice chairman, Europe, and senior director of Clinical Oncology R&D for Access, said the phase II trial is one of many studies to observe potential applications for ProLindac in the healthcare market. "We…

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ThursdayNov 04, 2010 7:58 am

eDoorways International Corp. (EDWY.PK) Engages Investor Relations Firm for Additional Support

Today before the opening bell, eDoorways International Corp. announced that they have retained ATG Capital to provide additional Investor Relations support. “We have arrived at an exciting time in our company where we have advanced to the next level with our capabilities and services,” stated Gary Kimmons, CEO of eDoorways International Corporation. “ATG Capital will be working hand in hand with Heritage Corporate Services to ensure our technology is introduced and utilized by the global community,” Kimmons continued. “After we were introduced to this incredible technology, we instantly knew we wanted to work with eDoorways and assist in their continued…

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WednesdayNov 03, 2010 3:16 pm

IDO Security, Inc. (IDOI.OB) Announces Participation at the Israel Homeland Security International Conference

IDO Security, Inc., developer of the innovative Magshoe™ shoe scanning device, announced earlier today that it exhibited its new MagShoe™ 3G at the Israel Homeland Security International Conference which was held October 31 to November 3, 2010 in Tel Aviv, Israel. Delegates and security officials from countries worldwide attended the conference to discuss homeland security topics such as technology advances, airport security, crisis management and safe communities. "This was a significant conference for us to showcase the MagShoe™ 3G. Officials from around the world gathered here to discuss the increased threats our nations are faced with today," commented Dani Werber,…

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WednesdayNov 03, 2010 2:45 pm

PDC Energy (PDC) Purchases Oil and Gas Assets in Texas

PDC Energy reported that the company has entered into a purchase agreement to buy producing oil and gas properties in the Permian Basin. The company said that the deal is with an unidentified private oil and gas company. PDC Energy will pay $40 million for 5,760 net acres that has exposure to the Wolfberry oil trend in West Texas. The properties have current production of 330 barrels of oil equivalent (BOE) per day from six existing wells. PDC Energy reported that the acreage block has approximately 122 future drilling locations into the Wolfberry formation assuming 40 acre spacing. The Wolfberry…

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WednesdayNov 03, 2010 2:43 pm

Gasco Energy, Inc. (GSX) Reports Increase in Revenue for the Third Quarter of 2010

Gasco Energy, Inc. reported an increase in revenues during the third quarter of 2010 as the company benefited both from higher volumes and higher realized prices for oil and gas sales. Gasco Energy, Inc. said that the company had sales of $4.7 million in the third quarter of 2010, compared to $3.6 million in the same quarter of 2009. Gasco Energy, Inc. realized a natural gas price of $4.35 per thousand cubic feet during the quarter. The company received $4.06 per thousand cubic feet for its natural gas in the third quarter of 2009. Much of the increase in realized…

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WednesdayNov 03, 2010 2:42 pm

CleanTech Innovations, Inc. (EVCP.OB) Customer Order Fulfillment Drives Impressive Q3 Results

CleanTech Innovations Inc. is a U.S. company with leading operations in China's clean technology, wind tower industry. The company today announced record third-quarter financial results for the period ended September 30, 2010, posting astounding increases across the board. Third quarter 2010 revenue was reported at $13.06 million, up 1,749 percent from the $0.71 million reported in the third quarter of 2009. CleanTech reported quarterly net income of $2.32 million compared to $0.19 million, an increase of 1,112 percent from the comparable quarter of 2009. CleanTech reported earnings per share (EPS) of $0.10 on a fully diluted basis, up 900 percent…

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WednesdayNov 03, 2010 1:17 pm

Blue Earth, Inc. (BBLU.OB) is “One to Watch”

Blue Earth, Inc. is focused on pursuing opportunities in the rapidly growing, multi-billion dollar, energy efficiency sector. The company has retained an experienced management team to focus on a mergers and acquisition strategy to acquire, license, develop, market, install and monitor clean-tech related, innovative technologies and energy management systems. To accelerate product introduction, Blue Earth intends to enter into varying types of agreements, including acquisition agreements and/or joint venture agreements, as may be appropriate for each company and geographic territory. The company's aims to offer products and services that optimize energy use, reduce harmful environmental emissions and substantially reduce energy…

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WednesdayNov 03, 2010 12:48 pm

Neuralstem, Inc. (CUR) Receives Some $733K in Federal Grants to Develop Breakthrough Central Nervous System Therapies

Neuralstem, www.neuralstem.com – the biotherapeutics developer leveraging patented stem cell technology for commercial-quantity production of differentiable human brain/spinal cord cells for solving diseases and CNS (central nervous system) disorders, reported yesterday award of some $733,438 via three Federal grants. The grants were awarded through the Patient Protection and Affordable Care Act and will allow CUR to move its breakthrough work in Lou Gehrig’s disease (ALS - amyotrophic lateral sclerosis) and depression forward. President and CEO of CUR, Richard Garr, explained the Company’s shrewd strategy to rapidly develop the powerful technology, detailing how the three grants would be applied: 1. Small…

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WednesdayNov 03, 2010 12:46 pm

Spare Backup (SPBU.OB) to Provide Simplexity with Cloud Based Mobile Data Backup/Transfer Service, Bridging all Devices/Carriers

Spare Backup, www.sparebackup.com – providers of the fully automated, online data backup service of the same name, announced today selection by Wirefly.com owner/operator Simplexity to empower the site with a cloud-based mobile data backup/transfer service. The status of Wirefly.com as the top online retailer of cell phones/plans for all major US carriers will make the new Wirefly Mobile Backup service a quickly adopted standard. This amazing new service will harness the power of cloud computing and SPBU’s sophisticated platform to offer users an intuitive environment for managing all of their data across all devices. CEO of Simplexity, Andy Zeinfeld, was…

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