Blog - Page 3861 of 5482

WednesdaySep 30, 2009 10:40 am

Anavex Life Sciences Corp. (AVXL.OB) Contracts FORENAP for Clinical Trials of Their Alzheimer’s Drug

Swiss-based drug company Anavex Life Sciences Corp. announced today that they have selected FORENAP Pharma as the contract research organization for Phase 1 clinical trials of ANAVEX 2-73, the company's lead Alzheimer's drug candidate. FORENAP has been involved in pre-clinical and clinical research for 20 years and is renowned for its expertise in central nervous system studies, including Alzheimer's disease. FORENAP will perform study setup, protocol review, site monitoring and project management for the trials. Rudy Luthringer, CEO of FORENAP, said, “We look forward to running a high-quality and cost-effective program as Anavex works to confirm its pre-clinical findings in…

WednesdaySep 30, 2009 10:38 am

Data Call Technologies, Inc. (DCLT.OB) Expands Its Network

In a time of general business contraction, Data Call Technologies Inc., key provider of real-time content for digital signage, has once again extended its market. The company recently announced that it is now delivery its digital signage products to Kingston, on the island nation of Jamaica. The move is seen as the latest step in Data Call’s ongoing Caribbean and European initiatives, and just the beginning of a major global outreach. Jim Ammons, Data Call Technologies Chairman, commented, “We’re truly excited that our products are now being provided in Jamaica. We expect strong continued growth in the Caribbean nations as…

WednesdaySep 30, 2009 10:32 am

Caraco Pharmaceutical Laboratories Inc. (CPD) Gets Back on Track in Generic Drug Market

Companies often stumble in certain areas only to come back stronger and more profitable as issues are addressed and overcome. In certain areas, this particular type of problem is more easily overcome then in others, especially when the profit potential is exceedingly large. The generic drug market is one such area and one that will be extremely profitable in coming years. Caraco Pharmaceutical Laboratories Inc., a generic drug manufacturer, works to provide generic drugs to a host of mass merchant pharmacy outlets, warehouses, wholesalers and distributors. The company offers a wide array of generic prescription drugs targeted at main stream…

WednesdaySep 30, 2009 10:24 am

Alexza Pharmaceuticals, Inc. (ALXA) To Raise $19 Million in Equity

Alexza Pharmaceuticals, Inc. announced a private placement equity offering of 8.1 million shares of common stock to several qualified institutional investors. The company will receive $2.4325 per share, or approximately $19.1 million in net proceeds. Alexza Pharmaceuticals also issued 7.3 million warrants as part of the deal. The warrants entitle the holder to purchase 0.9 shares of common stock at $2.77 per share. The warrants expire in seven years. Alexza Pharmaceuticals is developing a proprietary drug delivery technology called the Staccato® system. This technology vaporizes unformulated pharmaceutical drugs into an aerosol form that allows rapid systemic delivery through lung inhalation.…

WednesdaySep 30, 2009 10:01 am

XFormity Technologies, Inc. (XFMY.OB) Reports Record Financial Results for Year Ending June 2009

XFormity Technologies, Inc., a leading provider of technology services to multi-unit restaurant organizations, today reported its financial results for its fiscal year ending June 30, 2009. The report showed continued revenues and profits growing at a record pace. The company’s revenues for the year totaled $1,978,231 a 36% increase over the year ending June 2008 with revenues of $1,457,884. “We are very pleased with the direction of the company and with our continued revenue growth” stated Chris Ball XFormity’s CEO. There was also a significant improvement in net profit, with the annual net profit of $786,508 a 162% increase over…

WednesdaySep 30, 2009 8:31 am

Savoy Energy Corp. (SNVP.OB) Finds Profit in its Ability to React in Any Condition

Given the current state of the energy markets, being a large company is not necessarily a good thing. Flexibility is a distinct advantage. Mid and larger energy companies tend to focus on larger properties where capital costs can be extreme, limiting the ability to adapt to changing conditions. As the book says, “small is beautiful.” In a variable market, a company that can adapt quickly is one that will be profitable. Savoy Energy Corp., an oil and gas extraction company, works to extract and sell oil and gas primarily in the United States. The company recently signed agreements to explore…

WednesdaySep 30, 2009 7:48 am

The Muscle Flex, Inc. (MFLI.PK) and Sterling Worldwide Entertainment’s Daytime Primetime TV Show Attracts Major Interest from Global Television Distributors

Muscle Flex Inc. and Sterling Worldwide Entertainment, LLC, a subsidiary of Visual Industries, Inc., announced together that their television show "Sugar Free," which is currently in pre-production, has received significant interest from global television program distributors. According to the press release, they have already engaged the interested media conglomerates in discussions. Muscle Flex and Sterling each hold a 50% ownership in "Sugar Free" and will equally share future revenues. Currently in the final stages of pre-production, the companies, upon completion, will pitch the show to major television networks and national cable stations for North American and International distribution. The initial…

WednesdaySep 30, 2009 6:09 am

General Environmental Management, Inc. (GEVI.OB) Updates Investors on Progress to Enhance Business Strategy

This morning, General Environmental Management, Inc. updated the investment community with the progress made since its Board of Directors elected to shift the company’s business focus from hazardous waste field services to the fast growing water treatment and waste-to-energy markets. “We are pleased to report that we have made tremendous progress in the execution of our plan to move the company into the water treatment and waste-to-energy markets,” stated Tim Koziol, GEM’s Chief Executive Officer. “As we announced last week, we swiftly moved to sign a binding letter of intent to acquire Santa Clara Waste Water (SCWW). We are conducting…

TuesdaySep 29, 2009 2:32 pm

Cord Blood America (CBAI.OB) Up 45.45% Following Mention by QualityStocks

Cord Blood America Inc. (OTCBB: CBAI) is up 45.45% today, trading at $0.008. This upward move has occurred on absolutely incredible volume of nearly 1 billion shares! Just a few days ago – on September 25th, QualityStocks highlighted the company in its daily newsletter when the stock was trading for only $0.0031 per share. Cord Blood America is already up 150% in a few short days. The surge in the company's stock price followed not only the mention by the QualityStocks newsletter, but also recent news from Cord Blood America – a company which facilitates umbilical cord blood stem cell…

TuesdaySep 29, 2009 2:28 pm

The Tradeshow Marketing Company, Ltd. (TSHO.PK) is “One to Watch”

Established in 2003, The TradeShow Marketing Company, Ltd. is a consumer products company. Their focus is on the development and distribution of unique products that have broad appeal and improve the lives of consumers. The Company operates a direct demonstration business via trade shows and exhibitions throughout North America. They also have various product-specific e-commerce web sites. Earlier this month, Tradeshow Marketing Company, Ltd. announced that they launched their exclusive Risoli™ Titanium Induction cookware set. The Company chose a titanium induction combination for their set because of the advantages it has over most conventional cookware. The set is lightweight and…

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