Blog - Page 3957 of 5586

WednesdayOct 07, 2009 2:00 pm

Biostar Pharmaceuticals, Inc. (BSPM.OB) Receives Clearance in China to Begin Clinical Trial for Zushima Analgesic Aerosol Spray

Biostar Pharmaceuticals Inc., through its wholly-owned subsidiary in China, develops, manufactures and markets pharmaceutical and medical nutrient products for a variety of diseases and conditions. The company announced today that the Chinese Military Drug Administration has granted clearance to begin clinical trials on their new drug application, the Zushima Analgesic Aerosol Spray. This product is a traditional Chinese herbal product used to relieve pain through a topical application to affected areas or closed wounds. The spray can also be used in the treatment of certain rheumatic conditions. The product is classified as a “specially needed drug” by the Chinese Military…

WednesdayOct 07, 2009 12:50 pm

China Wi-Max Communications, Inc. (CHWM.OB) Spearheads Broadband Initiative

China Wi-Max Communications, Inc., a Denver, Colorado-based telecommunications company formed to exploit the booming Chinese broadband market, has announced a comprehensive strategy to leverage its network foothold in Beijing. The Founder and Chairman, Dr. Allan Rabinoff, said he was pleased to announce this offering of wireless broadband to customers in Beijing and that the initiative would be led by President and CEO Steven T. Berman. Rabinoff went on to say that Mr. Berman would “play a critically important role in the successful execution of our growth strategy.” Mr. Berman brings his vast 20 years of business and legal experience in…

WednesdayOct 07, 2009 12:46 pm

Arrayit Corp. (ARYC.OB) CEO Shares Information and Thanks Shareholders

Today, Arrayit Corporation (ARYC) CEO, Rene Schana, released a letter to shareholders detailing the company’s recent successes and future endeavors. The company, headquartered in Sunnyvale, CA, leads and empowers the genetic, research, pharmaceutical, and diagnostic communities by focusing on proprietary life science technologies and consumables for disease prevention, treatment and cure. Schana’s letter provides useful information regarding their current status in the world market today. ARYC began trading on the bulletin board in March, 2009 with a deliberate and measured strategy to introduce the company’s scientific accomplishments to its shareholders. Interest in the stock steadily increased as the company utilized…

WednesdayOct 07, 2009 12:04 pm

Consorteum Holdings, Inc. (CSRH.OB) Depends On Detailed Execution Plan

Consorteum Holdings Inc., best known for providing creative systems to facilitate financial transactions, is one of the most carefully managed companies you could hope to find. Every step of their growth is viewed as a well thought out and integral component of their overall growth strategy. As part of this, Consorteum has formulated a 10-step execution plan, a good example of the company’s detailed approach. 1) Project Overview Evaluation Management and client meet to discuss the potential business opportunity, one which is within a defined industry vertical. Management conducts a review to determine if the initiative fits within Consorteum’s current…

WednesdayOct 07, 2009 9:55 am

SurModics, Inc. (SRDX) Signs Agreement with Genentech and Roche

SurModics, Inc. announced yesterday that it has signed an exclusive agreement with the Roche Group and Genentech for the licensing of its proprietary drug delivery system. This agreement will also establish a development process whereby a new, sustained-delivery formulation for the highly successful Lucentis® (ranibizumab) injection will be commercialized and brought to market using SurModics’ technology, logistics and expertise. This incredibly lucrative agreement includes an initial, up-front licensing fee of $3.5 million, and an estimated $200 million in payments if development of the Lucentis formulation and other products is successful. In addition, the agreement indicates that SurModics will be used…

WednesdayOct 07, 2009 9:48 am

Solar Power Inc. (SOPW.OB) Helps Capture Vision for Ventura County

Solar Power Inc. announced that it has been selected to design and install photovoltaic (PV) solar systems on two of Ventura County’s buildings. This announcement came after a unanimous vote by the County of Ventura Board of Supervisors. The Roseville, California based Solar Power Inc. will lead Ventura County’s entry into the solar energy field with the installation of a 328 kW system on the Fleet Services and Public Works buildings at the Saticoy Operations Yard and a 169 kW system on the County’s Vanguard building. Prior to this agreement, there was a long-term effort on the part of the…

WednesdayOct 07, 2009 9:12 am

First Advantage Corp. (FADV) Makes Investment in Enticelabs

First Advantage Corporation made an equity investment in EnticeLabs, Inc., a company that provides HR recruitment advertising services for both active and passive job seekers. The company did not disclose the amount of the investment. The investment in Enticelabs, Inc. was part of a $2 million round of financing purposed to help the company develop TalentSeekr, an online service that delivers targeted ads to job seekers on the web. First Advantage Corporation will integrate TalentSeekr with some of its current product line, including PostMaster LX, HRLogix ATS and Talon CRM. First Advantage Corporation provides risk mitigation and business solutions services…

WednesdayOct 07, 2009 9:08 am

Wataire International, Inc. (WTAR.OB) Announces Major Milestone of 3,500 Delivered Units

Wataire International, Inc., an international company focused on developing and delivering technology-based water harvesting and purification products, recently announced that the company has reached a major 3,500-unit milestone in the deployment of the award-winning and certified WII-4010 home/office model atmospheric water generator. Distributing its products in more than 30 countries, Wataire International reports that the initial marketing and distribution of the WII-4010 home/office model has been very successful to date. With this initial phase completed, the company will continue to aggressively market its products directly and through distributors to secure a larger market share in the multi-billion dollar water industry.…

WednesdayOct 07, 2009 9:05 am

St. Joseph, Inc. (STJO.OB) Exchanges Common for Preferred Stock

St. Joseph, Inc. reported that a large shareholder had agreed to convert their entire holding of Series A $3.00 convertible preferred stock to common shares. Owning 330,000 shares, the shareholder converted to common stock at a one for one exchange rate. The common stock will continue to pay dividends at a rate equal to the dividend on the preferred stock issue. The exchange represents 85% of the outstanding shares of the Series A $3.00 convertible preferred stock. Gerald McIlhargey, the President of St. Joseph, Inc. said, "The conversion by the largest shareholder of series A preferred stock is another in…

WednesdayOct 07, 2009 8:54 am

Data Call Technologies Inc. (DCLT.OB) Positioned for Continued Growth in Competitive, Booming Digital Signage Market

Few sectors have managed to side-step the harsh impact of the recession, and even fewer have actually experienced significant growth. However, according to ABI Research, the U.S. digital signage market is set up for growth this year, leveraged by the declining price of digital screens, which attracts companies vying for consumer awareness and a loyal consumer base while maintaining a conservative budget. The ABI report said 2008 revenue ranged up to $700 million, and further forecasted the market to increase by 33 percent this year, eventually reaching up to $2.6 billion by 2011. Aside from a decline in digital screens…

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