Blog - Page 3976 of 5587

MondaySep 21, 2009 10:05 am

DOR BioPharma Inc. (DORB.OB) Earns $9.4 Million NIH Grant

DOR BioPharma Inc. is a late-stage biotechnology company that has been gaining national attention for its state-of-the-art technology. DOR reached a major milestone in the advancement of its company with the announcement that it has been awarded a $9.4 million grant from the National Institute of Allergy and Infectious Diseases, which is a division of the National Institute of Health (NIH). This grant will assist the company’s future over the next five years with the development of formulation and manufacturing processes for vaccines, including RiVax(TM), that are stable at elevated temperatures. The grant will also fund the development of improved…

MondaySep 21, 2009 9:59 am

GlaxoSmithKline (GSK) and XenoPort, Inc. (XNPT) Report Positive Results from Clinical Trial

Friday, GlaxoSmithKline (NYSE:GSK) and XenoPort, Inc. (NASDAQ:XNPT) announced top-line results from a Phase II-b clinical trial. The study evaluates the safety and efficacy of GSK1838262/XP13512 (gabapentin enacarbil) for neuropathic pain, associated with post-herpetic neuralgia (PHN) in adults. The company reported that subjects were randomized to receive placebo, 1200, 2400 or 3600 mg/day of GSK1838262 dosed twice a day; all patients treated with GSK1838262 demonstrated statistically significant improvements over the control group. The primary endpoint was the change from baseline to the end of maintenance treatment in the 24-hour average pain intensity score. The 14-week, double-blind study enrolled 376 subjects with…

MondaySep 21, 2009 9:57 am

Speedus Corp. (SPDE) Subsidiary Receives Clearance to Market Signal X6 Device

Siemens Corporate Research spin-off and Speedus Corp. subsidiary, Zargis Medical Corp., announced Friday that it has received U.S. Food and Drug Administration clearance to market the new Signal X6(TM) device. The company also announced that seven Signal X6 devices have been delivered to the U.S. Army for deployment in six Department of Defense medical facilities. Signal X6 technology records heart and lung sounds from six adhesive sensors. The recordings can be evaluated locally or, when a cardiac specialist is not immediately available, transmitted through the Internet for remote evaluation. This feature makes the noninvasive technology easy to use. The configuration…

MondaySep 21, 2009 8:15 am

Clenergen Corp. (CRGE.OB) Appoints Dale Shepherd as CFO and Abillish Kamti as CFO of Clenergen India Private Ltd.

Chief Executive Mark Quinn announced this morning that the company has appointed Dale Shepherd as its Chief Financial Officer and Abillish Kamti as the Chief Executive of Clenergen India Private Ltd. Working from 1973 to 1991 for one of the world's premier global networks, the General Electric Company, Dale’s career has focused on hands on problem resolution, acquisitions, joint venture start ups and entering new business areas. During his time at GE, he held the positions of Director of Finance, GEM Polymers Ltd. Vice President, GE Plastics Japan Ltd. and Managing Director, GEM Chemicals, Inc. From there he joined Kawasaki…

MondaySep 21, 2009 8:03 am

Solanex Management, Inc. (SLNX.OB) Expands Previously Signed MOU for Oil Sand Extraction Technology

The Board of Solanex Management Inc. announced that Solanex has expanded the territories for the sub-license in their Memorandum of Understanding (MOU) for technology leasing rights for sales, marketing and distribution to a Pyrolitic Hydrocarbon Gasification System and a Liquid Extraction Systems. Additionally, the exclusive territories have been expanded to include the country of Mexico. With the terms and conditions for these rights remaining unchanged, this extension allows the company to explore opportunities in the extensive oil and used tire markets in Mexico. Government agencies throughout Mexico are all very concerned about environmental issues, especially as they pertain to used…

MondaySep 21, 2009 7:43 am

Muscle Flex Inc. (MFLI.PK) Announces Second Product Release; The Beagle StepFit(TM) Pedometer and the Beagle Mini

Muscle Flex Inc. was pleased to announce this morning the details of its second product release, The Beagle StepFit(TM) Pedometer (www.BeagleStepFit.com), a multi-functional pedometer. Clipping onto the waist of an individual for walking or running, the device provides the wearer with detailed information as to how many steps the person has taken as well as the distance traveled. In addition to these standard features, however, Muscle Flex has taken the pedometer one step further by including the following features: 1. Body Fat Monitor 2. Step Counter 3. Calorie Burn Counter 4. Distance Calculator 5. Exercise timer 6. Clock with Alarm:…

MondaySep 21, 2009 7:31 am

Clenergen Corp. (CRGE.OB) Announces Launch of Biomass Research Project with Leading Indian University

Today, Clenergen Corp. announced that it has received approval from Madurai Kamaraj University, a respected University established in 1966, to inititate a research project on behalf of Clenergen to develop and apply new scientific techniques to enhance growth of biomass crops and to develop superior agronomical practices for best possible utilization of available natural resources to maximize yield. Clenergen told investors today that it has accepted the terms of the technical engagement and that the project will commence during the first week of October 2009. The Department of Bioenergy, School of Energy, Environment and Natural Resources of the University will…

MondaySep 21, 2009 7:17 am

General Environmental Management, Inc. (GEVI.OB) Announces Letter of Intent to Acquire Profitable Company

General Environmental Management, Inc. (GEM) announced this morning that it has signed a definitive letter of intent to acquire Santa Clara Waste Water (SCWW), a profitable, 50 year old wastewater treatment business. Earning the reputation of being one of the top 100 privately owned non-hazardous wastewater utilities in the U.S., SCWW has treated more than 2 billion gallons of wastewater. During 2008, the company generated over $34.8 Million in revenues. “We are thrilled to have come to an agreement to acquire SCWW and are eager to work with them to achieve their goal of becoming the premier independent non-hazardous wastewater…

FridaySep 18, 2009 4:27 pm

CEO of Muscle Flex Inc. (MFLI.PK) to Attend the 2009 Emmy Awards Show

In addition to this morning’s news, Muscle Flex Inc. announced today that its CEO, Danny Alex, will attend this year's Emmy Awards show Sunday, September 20 in Los Angeles. Muscle Flex is proud to be a part of a number of high profile events associated with this year's Emmy Awards and anticipates this year to be one of the best yet. The 2009 nominees include some of the biggest names in entertainment including Christina Applegate, Charlie Sheen, Steve Carell, Glenn Close, Tina Fey and Julia Louis-Dreyfus. Attending the Emmys with Danny Alex will be Model and Muscle Flex Girl, Meghan…

FridaySep 18, 2009 2:49 pm

FieldPoint Petroleum Corp.’s (FPP) $4.4M Acquisition Could be its “Most Important Acquisition”

FieldPoint Petroleum Corp. is an oil and gas exploration, production and acquisition company primarily focused on Louisiana, New Mexico, Oklahoma, Texas and Wyoming. The company today announced the $4.4 million acquisition of a working interest in Texas. Per the agreement, effective September 1, 2009, FieldPoint will acquire a 74 percent to 100 percent working interest in the Block Field in Andrews County, Texas, as well as net revenue interests between 59 percent and 87.5 percent in leasehold and equipment. The field is expected to generate roughly 204,000 barrel of oil equivalent (BOE) in proved developed producing reserves based on a…

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