Blog - Page 3847 of 5585

MondayFeb 01, 2010 11:53 am

Achillion Pharmaceuticals Inc. (ACHN) Announces Lead Candidate for Hepatitis C Treatment

The hepatitis C virus (HCV), the most common cause of viral hepatitis, results in inflammation of the liver. The American Association of Liver Disease estimates that more than 170 million people are infected with HCV around the world; without proper treatment, chronic hepatitis can lead to permanent liver damage, including liver failure or death. Despite the statistics, there are currently only few options available for treatment of HCV infection. Achillion Pharmaceuticals Inc. focuses on developing treatments for patients with infectious diseases such as HCV, resistant bacterial infections and HIV. The company today announced its nomination of ACH-2684 as the lead…

MondayFeb 01, 2010 10:59 am

FormCap Corp. (FRMC.PK) Ideally Situated in the Prolific Oil Vicinity of the Permian Basin

FormCap Corp. is an emerging junior company in the oil and gas sector. The company owns 4,900 acres – the Weber City Prospect – in the Permian Basin, an area well known for its hydrocarbon production. The Permian Basin has produced over 35 billion barrels of oil and 100 trillion cubic feet of gas. It is host to over 20 percent of all domestic oil and gas produced in the US. The 'smart' money is investing into Permian Basin assets. For example, ExxonMobil (NYSE: XOM) is buying XTO Energy for $31 billion – the largest US energy takeover since Conoco-Phillips…

MondayFeb 01, 2010 10:44 am

Cephalon Inc. (CEPH) Inks Acquisition Deal with Sales Driven, Swiss Pharmaceutical Company Mepha AG

International biopharmaceutical company Cephalon Inc. today announced it has signed an agreement to acquire Mepha AG, a profitable, privately held, Swiss-based pharmaceutical company, as well as its subsidiaries. Mepha specializes in innovative dosage formulations and markets more than 150 products in 50 countries. In 2009, the company reported sales of approximately CHF 400 million. Mepha’s global reach has enabled it to achieve compound annual growth rates in sales of more than 13 percent over the last five years. The company also has a pipeline of about 50 chemical entities planned over the next five years. For Cephalon, Mepha’s international network…

MondayFeb 01, 2010 10:41 am

Simulated Environment Concepts, Inc. (SMEV.PK) Unique To The Market

Simulated Environment Concepts, Inc., the makers of Spa Capsule®, an award-winning fusion of hydro massage, aromatherapy, and audio/visual stimulation, is essentially alone in a market that they are in the process of redefining. Becoming something of a status symbol, Spa Capsule is a unique fusion of modern technologies and ancient methods of healing. In Europe, the company has just penned a multi-million dollar deal with French company Zen & O to produce 250 SpaCapsules over the next four years. Zen & O, a leader in France’s growing fitness market, is offering massage and therapy solutions at retail locations to consumers…

MondayFeb 01, 2010 10:19 am

Newport Digital Technologies, Inc. (NPDT.OB) Makes its Move Towards Prominence

A company that is starting to become known in the world of technology is Newport Digital Technologies. With headquarters in Newport Beach, California, Newport Digital Technologies (NDT) has made it their mission to provide true value added solutions and products by creating innovative new applications or developing highly integrated systems that make solutions smarter and more unique. One of the aspects that separates NDT from the competition is their rich portfolio of competencies in Radio-Frequency Identification, Digital Signage, WiMAX, VoIP and Security and Surveillance. With a strong team in place, NDT has the state-of-the-art capabilities to deliver complete solutions for…

MondayFeb 01, 2010 9:57 am

Sinobiopharma Inc.’s (SNBP.OB) Flagship Product Covered by China’s Basic Medical Insurance

Sinobiopharma Inc. is a fully integrated specialty biopharmaceutical company in one of the world's fastest growing pharmaceutical markets – China. Known as Dong Ying (Jiangsu) Pharmaceutical Company Ltd. in China, the company's current therapeutic focus is on cardiovascular drugs and anesthesia-assisted agents. The company announced today that the Chinese government has approved the company's flagship product, Ku Tai (Cisatracurium Besylate) for coverage under National Basic Medical Insurance, Employment Injury Insurance and Maternity Insurance. Sinobiopharma's flagship product, which has been on the market since 2006, had not been covered by any medical insurance before the Chinese government granted approval for its…

MondayFeb 01, 2010 9:29 am

Rentrak Corp. (RENT) Completes Major Acquisition

One company that is striving to become a global power is the Rentrak Corporation. Rentrak is a global digital media measurement and research company noted for serving the most famed companies in the entertainment industry. Headquartered in Portland, Oregon, Rentrak has a reach across numerous platforms throughout the entertainment industry including box office, home entertainment and on-demand television. Today, Rentrak took a major step towards enhancing the future of their company with the announcement that they have completed the acquisition of Nielsen EDI from The Nielsen Company. The deal with Nielsen was first announced in December of 2009 with the…

MondayFeb 01, 2010 9:22 am

Ebix, Inc. (EBIX) Anticipates Strong Fourth Quarter 2009 Financial Results

Ebix, Inc., a leading international supplier of insurance-related on-demand software and e-commerce services, recently announced that the company anticipates strong fourth quarter financial results for 2009. Ebix will release fourth quarter and full-year 2009 financials on or near March 8, 2010. After paying roughly $34.6 million in cash for two acquisitions (Peak and EZ Data) and the purchase of a new building in India during the fourth quarter of last year, the company’s year-end cash balance totaled approximately $19.1 million. In addition, management intends to resume its share buyback program under the previously Board-approved share repurchase program. “In recent times,…

MondayFeb 01, 2010 8:44 am

Hot Topic: The Year of the Roth IRA Conversion?

The number of Google searches for information about Roth IRA conversions has increased dramatically recently. In fact, search data reveals that the number of people searching for the phrase “Roth IRA conversions” more than tripled between January and November 2009. This surge in interest about Roth IRA conversions is hardly surprising considering that starting in 2010, all taxpayers, regardless of income, are eligible to convert tax-deferred retirement assets to a Roth IRA. Prior to the change, the law prevented taxpayers with household incomes above $100,000 from converting assets to a Roth IRA. If you are among the nearly 50% of…

MondayFeb 01, 2010 8:43 am

Getting the Right Mix

Almost one-third of investors say that none of their retirement savings is going into stocks, according to a recent online poll. Some of the respondents cited the current economic climate as a reason for the dearth of equities. It can be difficult to avoid emotional reactions to changes in the market, but a carefully considered long-term asset allocation strategy may help your retirement portfolio better endure volatility. After all, research suggests that over 90% of a portfolio’s performance is a direct result of how its assets are allocated. Asset allocation is the process of dividing your investment dollars among asset…

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