Blog - Page 3795 of 5513

MondayJan 11, 2010 2:04 pm

Sorrento Therapeutics Inc. (SRNE.OB) Announces Collaborative Development Agreement with Scripps Research

Sorrento Therapeutics Inc. is a development-stage biopharmaceutical company focused on developing therapeutic antibodies for the treatment of disease conditions such as cancer, inflammation, metabolic disease and infectious disease. The company today announced it has entered into an antibody discovery and development collaboration with The Scripps Research Institute in La Jolla, Calif. Per the agreement, Sorrento will obtain exclusive, worldwide rights to Scripps Research’s novel quorum sensing-based technology, which was developed to prevent and treat Staphylococcus aureus (commonly known as Staph) infections, including Methicillin-resistant Staph. aureus (MRSA). MRSA’s resistance to antibiotics makes it a concern to healthcare officials. According to the…

MondayJan 11, 2010 12:53 pm

Echo Therapeutics, Inc. (ECTE.OB) Completes Development of Patented SkinPrep System

Echo Therapeutics Inc., a Massachusetts based medical device and specialty pharmaceuticals company, announced today that they have completed product development of their revolutionary PreludeTM SkinPrep System. The product will now go into final clinical trials, and, subject to FDA market clearance, the product will be sold commercially with no further changes. The Prelude SkinPrep System is a skin preparation platform technology used for needle-free transdermal drug delivery, designed for use with novel topical reformulations of widely used FDA approved products. Prelude will be tested using LMX4 lidocaine cream, which should form the basis for a 510-K filing with Ferndale Pharma…

MondayJan 11, 2010 12:28 pm

Basic Materials as a Hedge

A fairly basic premise of investment is to avoid rising inflationary trends. Some might ask "what is inflation?", or for that matter, "what is deflation?" The concept is a bit difficult to understand but one that any investor should work to understand. When there is too much money in the economic system, the amount of money needed to purchase a good or service rises as there is more money about to pay for that good or service. This is inflation. Unfortunately, one needs to work more to earn the same amount of money to make enough to pay for a…

MondayJan 11, 2010 12:15 pm

Have You Heard of QSTwits?

QualityStocks recently introduced QualityStocksTwits (“QSTwits”), a Web 2.0 site that collates Twitter’s investment discussions in real-time, enabling investors to track the web’s savviest investors as well as build their own following. QSTwits gathers data from Twitter on any company, big or small. With QSTwits, users can eavesdrop on what traders are talking about right now or contribute to the conversation and build their own reputation. It also allows anyone to search the Twitter universe for tweets relating to a particular stock and use Twitter’s features directly within the application. Investors will also be able to quickly see which stocks are…

MondayJan 11, 2010 11:59 am

ICOP Digital, Inc. (ICOP) Announces Texas State Contract

ICOP Digital, Inc., an industry-leading company focused on advancing digital surveillance technology solutions, announced this morning that it has been chosen by the State of Texas Office of the Comptroller, Texas Procurement and Support Services Division (TPSS) to supply in-car video solutions. This contract will allow authorized users, including state agencies, local governments, municipalities and higher education institutions, to bypass using their own procurement process and readily acquire ICOP in-car video solutions. According to the press release, the contract's initial term expires on October 31, 2010, with options for renewals for four additional years. ICOP has similar contracts including GSA,…

MondayJan 11, 2010 11:55 am

Medical Care Technologies Inc. (MDCE.OB) to Acquire New Technology in Exchange for Stock

Medical Care Technologies Inc. disclosed some of the details about its finalization of an agreement with Great Union Corporation (GUC), whereby MDCE will acquire technologies from GUC information systems in exchange for shares of common stock. While the transaction is, of course, subject to some closing conditions, the Board of Directors for both companies were unanimous in signing the deal which will provide MDCE with GUC’s various technologies in exchange for 57.3 million shares of common stock, allowing for increased vertical integration in MDCE’s primary sectors of operation. The technology will enable the development of a healthcare and delivery site,…

MondayJan 11, 2010 11:47 am

Artfest International, Inc. (ARTS.OB) Appoints Lawrence Castro as Senior VP of Sports and Education

In a move to further fortify its executive management team, Artfest International Inc. announced today that globally recognized sports marketing expert, Lawrence Castro, has joined Artfest and its wholly-owned subsidiary – Charity Sports Distributors – as senior vice-president of sports and education. Artfest International is a leading edge arts distribution company that brings together artists, designers, investors, private collectors and art galleries. In his role, Mr. Castro will lead the expansion of Artfest's sports business. As a prominent figure in the sports industry, he will tap into his vast network to create a larger product portfolio, increase sales venues, and…

MondayJan 11, 2010 9:31 am

Advanced Cell Technology (ACTC.OB) Provides Update on Embryonic Stem Cell Clinical Trials

Advanced Cell Technology, Inc., an emerging biotechnology company that specializes in the development of cellular therapies for the treatment of rare and common diseases that impact millions of people worldwide, recently announced an update regarding its clinical trials utilizing embryonic stem cells to treat eye disease. Advanced Cell Technology has received notification from the U.S. Food and Drug Administration (FDA) that the agency is currently drafting a response regarding its Investigational New Drug application it filed in November 2009. Advanced Cell Technology expects a response from the FDA within the next few weeks. William M. Caldwell IV, Advanced Cell Technology’s…

MondayJan 11, 2010 9:30 am

Daybreak Oil and Gas, Inc. (DBRM.OB) Reports Results of Three Wells

Daybreak Oil and Gas, Inc. reported the results of three wells drilled at its East Slopes Project in Kern County, California. All three wells were targeting the Vedder Sand formation. The Bear #2 was drilled to a depth of approximately 2,500 feet. The well was completed and is currently producing at a rate of 50 barrels of oil per day. The company plans further development at the area, including a possible horizontal well. The Sunday #4-H was a horizontal well and hit approximately 20 feet of net oil pay. The well is currently being completed. The Black #1 was an…

MondayJan 11, 2010 9:28 am

COMSYS IT Partners, Inc. (CITP) Revises Fourth Quarter Guidance

Staffing and consulting service experts COMSYS IT Partners, Inc., announced recently that it is has revised its guidance upward for the fourth quarter of 2009. The company stated that their revised net income and earnings estimates exclude an expected reversal of a previously recognized portion of restructuring expense related to their Washington DC area lease. The revision also excludes potential effects of its quarterly review on the recoverability of its deferred tax assets. As per the revision, COMSYS now expects to report revenue in a range of $170 million to $175 million for the fourth quarter and net income in…

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