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ThursdayJul 10, 2008 10:59 am

Dutton Associates Featured Company: Pluristem Therapeutics, Inc. (PSTI)

Pluristem Therapeutics, Inc. (NASDAQ: PSTI) is a regenerative biotherapeutics corporation focused on commercializing non-personalized (allogeneic) stem cell therapy products for the treatment of severe degenerative, malignant, and autoimmune disorders. The company is dedicated to developing a platform designed to create stem cell-based therapeutic products that can treat severe blood, cardiovascular, autoimmune, and other disorders. The company is currently developing the PluriX™ 3D Bioreactor System, which is designed to create an artificial physiological environment where mesenchymal stem cells can expand in three dimensions and reproduce without the use of exogenous biologics or pharmacological products. This new method is superior to the…

ThursdayJul 10, 2008 10:39 am

Dutton Associates Featured Company: Pressure BioSciences, Inc. (PBIO)

Pressure BioSciences, Inc. (PBIO) is focused on developing products based on its proprietary pressure cycling technology (PCT) for life-sciences applications. The innovative technology utilizes hydrostatic pressure, which cycles between ambient and ultra-high levels, to rapidly and proficiently disrupt cell membranes/tissues to remove nucleic acids, proteins, and small molecules from plant and animal materials. The PCT technology has a broad range of possible applications in genomics and proteomics, in addition to drug discovery, pathogen inactivation, food safety, immunodiagnostics, and DNA sequencing. Currently, the PCT System consists of a top-of-the-line instrument and disposable PULSE sample processing tubes. Pressure BioSciences plans to develop…

ThursdayJul 10, 2008 10:11 am

Emcore Corp. (EMKR) Announces Supply Agreements Totaling $29M

The sales announcement of 2 solar photovoltaic receivers is exciting for Emcore Corp., ensuring its growth in the photovoltaic segment of its business. The sale is important for Emcore, which did very well in 2006 with a net income of $54M. In 2007, cost of revenue went up, as did SG&A, leading to a net income loss of -$58M. This sale may be its return to profitability. Emcore Solar Photovoltaic technologies convert optical light into electrical energy, enabling power generation, while Emcore fiber optics technologies convert electrical energy into optical signals, enabling high-speed communication infrastructures. Emcore builds turnkey concentrator photovoltaic…

ThursdayJul 10, 2008 10:07 am

ULURU Inc. (ULU) to Acquire Bio Med Sciences, Inc for $10 Million

ULURU Inc. is an emerging specialty pharmaceutical company focused on the development of a portfolio of wound management, plastic surgery and oral care products to provide patients and consumers improved clinical outcomes through controlled delivery utilizing its innovative transmucosal delivery system and hydrogel nanoparticle aggregate technology. ULURU Inc. has developed a patented, water-erodable pharmaceutical carrier device. The multi-layered device is applied to mucosal surfaces, and delivers medications to treat specific localized diseases/disorders. This OraDisc™ technology can deliver drugs systemically across the mucosal surface or for the release of drugs into the oral cavity. The device causes minimum discomfort, is easy…

ThursdayJul 10, 2008 10:01 am

Westwood One, Inc. (WON) Closes Sale of Preferred Stock to Gores Radio Holdings, LLC

Westwood One, Inc. (WON) supplies radio and television stations with information services and programming. The company provides traffic reporting services and the nation’s largest radio network, producing and distributing national news, sports, talk, music and special event programs to its affiliate stations. The company’s main source of revenue is selling commercial airtime to advertisers through one of its two operating divisions: Metro/Shadow, which encompasses Metro Networks and Shadow Broadcast Services, and the Westwood One Network Division. Last month the company closed the sale of $75M of a newly created series of preferred stock, 7.05% Series A convertible preferred stock, to…

ThursdayJul 10, 2008 9:15 am

Schawk, Inc. (SGK) Establishes New Brand Identity; Rebrands its Direct Marketing Agency

Schawk, Inc. (SGK), established by Clarence Schawk, a former World War II U.S. marine, delivers a broad range of digital pre-media graphic services through 169 locations in 13 countries across North America, Europe, Asia and Australia. Schawk, headquartered in Des Plaines, Illinois, began in Chicago under the name of Schawk Litho Plate, and through numerous mergers and acquisitions with prepress firms in the Midwest, the company established a corporate name in the mid-1980s. Schawk designs, creates and manages image and text for reproduction to exact specifications for a variety of media, including packing for consumer products, point-of-sale displays and other…

ThursdayJul 10, 2008 8:30 am

SGX Pharmaceuticals, Inc. (SGXP) Submits FDA Investigational New Drug Application

SGX Pharmaceuticals is a biopharmaceutical company which focuses mainly on the development and commercialization of new oncological, or cancer therapies. Yesterday, the company announced its submission of an Investigational New Drug (IND) application for FDA approval. The drug is known as SGX393, and is currently undergoing clinical testing of its ability to treat two forms of CML, or, chronic myelogenous leukemia (a type of cancer in which white blood cells belonging to the myeloid line of cells are over-produced in the bone marrow). At present, the standard treatment for CML is a product known as Gleevec®, however there have been…

ThursdayJul 10, 2008 8:29 am

International Building Technologies Group, Inc. (INBG.OB) Granted Acquisition Approval by Chinese Government

International Building Technologies Group ("IBTG") is a building supply corporation based out of Alameda, California, with a field office in Shanghai, China. The company primarily manufactures lightweight building panels used in building construction around the world. For the last three months, the company has been awaiting a stamp of approval from the Chinese government on an agreement to purchase the China-based Wufeng Machinery Manufacturing Company ("WMMC"). WMMC currently produces machinery required for rice and grain processing, as well as mineral refining. It is IBTG's intent to re-tool the company's existing production lines to facilitate production of its own building panels.…

ThursdayJul 10, 2008 7:53 am

Solar Enertech Corp. (SOEN.OB) Looks to Double Photovoltaic Panels Output

Working with a developing technology can often put blinders on a company and its researchers. The next product and quarter’s results are usually the focus. But if a company can keep the blinders off for a few moments, it may realize that there are many ways to look at running and funding itself. The company that has a wide vision in a new technology is likely the one that will profit in the end. Solar Enertech Corp., a solar photovoltaic panel manufacturer and research company, works to research, develop and manufacture solar panels from its Shanghai, China base of operations.…

ThursdayJul 10, 2008 7:10 am

International Building Technologies Group Inc. (INBG.OB) Takes another Step Forward in Pursuit of $1.6 Million Company Purchase

It is nice to have a going concern that appears to be doing well in all of its business dealings. Sometimes, however, the old phrase “I’d rather be lucky than good” crops up. A company is merrily going about its business and something big happens; that same company happens to be right there with help. In some instances, the “big” thing can be positive while at other times it can be negative. If, however, a company happens to be available and nearby at the time, it can help out with the situation and profit at the same time. International Building…

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