MondayNov 14, 2011 11:32 am

European Approval of Stevia Opens New Opportunities for GLG Life Tech Corp. (GLGL)

GLG Life Tech is a global leader in the supply of high purity stevia extracts – an all-natural, zero calorie sweetener used in food and beverages. The company's operations cover each step in the supply chain, from the stevia plant to marketing and distribution of the finished product. The company announced today that the European Parliament and the Council of Ministers have formally adopted the regulation to allow the use of steviol glycosides in the European Union this year. The regulation will take effect 20 days after it is published in the EU Official Journal. This decision means that consumers…

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MondayNov 14, 2011 10:46 am

YM BioSciences Inc. (YMI) Reports Financial and Operational Results

YM BioSciences, Inc., an Ontario based drug development company advancing a diverse portfolio of hematology and cancer-related products, today reported results of its first fiscal quarter of 2012 ending September 30, 2011. The company trimmed its net loss to $900,000 compared to a loss of $11.3 million in the same quarter last year. Revenue from out-licensing was unchanged and the company saw a gain of $5.4 million on the revaluation of warrants compared with a loss of $3.4 million in the prior year’s first quarter. YM BioSciences Inc. is advancing three main drug products: CYT387, a small molecule, dual inhibitor…

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FridayNov 11, 2011 4:48 pm

China Pharma Holdings, Inc. (CPHI) Posts Q3 Financial Results, 12% Rev Increase

China Pharma Holdings Inc., a specialty pharmaceuticals company in China, today announced its financial results for the quarter ended September 30, 2011. The company reported a 12 percent increase in third quarter 2011 revenue to $21.0 million compared to $18.7 million in the comparable quarter of 2010. Net income for the third quarter of 2011 was $3.3 million, or $0.08 per basic and diluted share, compared to $5.9 million, or $0.14 per basic and diluted share, in the third quarter of 2010. China Pharma reported operating income of $3.9 million in the third quarter of 2011, down 37 percent from…

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FridayNov 11, 2011 3:59 pm

Augme Technologies, Inc. (AUGT) Receives Two Major Patents that may Lead to Major Expansion in the U.S. Market

Augme Technologies, Inc. is a company on the rise. Headquartered in New York, New York, Augme has quickly earned a reputation by providing strategic services and mobile marketing technology to leading consumer and healthcare brands. Today, Augme took a major step towards prominence with the announcement that they have bolstered their intellectual property portfolio by receiving Notices of Issuance from the United State Patent and Trademark Office (“USPTO”) related to two different patents that were filed originally by JAGTAG, Inc. prior to the company’s acquisition on November 9 of this year. The first patent is titled "Apparatuses, Methods and Systems…

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FridayNov 11, 2011 1:40 pm

Panhandle Oil and Gas Inc. (PHX) Reports on Oil and Gas Operations

Panhandle Oil and Gas reported operational data on the company’s oil and gas activities for fiscal 2011. The company is active in developing various plays in Oklahoma and Arkansas, including the Woodford and Fayetteville Shale formations. Panhandle Oil and Gas estimates that the company’s proved reserves of crude oil, natural gas and natural gas liquids totaled 111.7 Bcfe as of September 30, 2011, an 8% increase from the 103.7 Bcfe reported at the same time last year. Panhandle Oil and Gas calculated these reserves using prices mandated by the Securities and Exchange Commission (SEC). These prices for the most recent…

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FridayNov 11, 2011 11:56 am

Northern Iron Corp. (NHRIF) (TSX-V: NFE) Starts Trading on the QTCQX International Marketplace

Northern Iron Corp., a mineral exploration company, announced that its shares will begin trading on the QTCQK International Marketplace (QTCQX) at market open today under the symbol “NHRIF”. "The OTCQX gives Northern access to a large premium market in the United States with strong standards where many internationally respected companies trade," stated Basil Botha, President and CEO of Northern. "The OTCQX has a reputation of providing U.S. investors with improved liquidity, transparency and superior information through its U.S. regulated broker-dealers, and will provide U.S.investors with a mechanism to invest in a Canadian iron ore project that is projected to provide…

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FridayNov 11, 2011 9:56 am

IntelGenx Corp. (IGXT) Receives FDA Approval for High Dose Anti-Depressant CPI-300

IntelGenx Corp. today announced with excitement that the U.S. Food and Drug Administration (FDA) has approved its lead product, CPI-300, for patients with Major Depressive Disorder. CPI-300 is a novel, high-strength formulation of Bupropion hydrochloride (HCl), the active ingredient in Wellbutrin XL. According to the company’s press release, CPI-300 is the only single dose 450 mg formulation of Bupropion HCl approved by the FDA. "This is a defining moment for IntelGenx, as we have now clearly demonstrated our ability to independently take a product through development to regulatory approval," stated Dr. Horst G. Zerbe, President and Chief Executive Officer of…

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FridayNov 11, 2011 9:08 am

English Firm E-Waste Systems, Inc. (EWSI) Announces Partnership with Fine Resources, Inc. to Expand Global Business Development

E-Waste Systems, Inc., a London-based provider of waste electric and electronic equipment processing services around the world, today announced a partnership with an electronic waste and commodity trading firm, Fine Resources, Inc. of Alabama, to expand the company's ability to source large volumes of end-of life electronics. Fine Resource's president and founder, Rick Fine, will join E-Waste as a consultant of global business development. Fine will be responsible for sourcing waste streams and aggregating downstream volumes of commodities for refining and reusing electronics and sourcing partnerships to help reach EWSI's goal of vertical integration, the companies said in a statement.…

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FridayNov 11, 2011 8:04 am

White Smile Global, Inc. (WSML) Signs Distribution Agreement with Institut St. Paul

Yesterday, White Smile Global, Inc. announced that it has signed an agreement with cosmetics distributor Institut St. Paul. This agreement will see the distribution of the company’s new line of White Smile Premier At-Home LED Teeth Whitening System products. White Smile Global, located in Miami Beach, FL, is focused on producing oral health and teeth whitening products, with core products in the over-the-counter teeth whitening category. Institut St. Paul, based in Paris, France, is a cosmetics distributor, focused on delivering the highest-quality beauty products to a global customer base. Due to restrictions in the European Union on the amount of…

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ThursdayNov 10, 2011 11:15 pm

Nutrastar International, Inc. (NIUN) Reports Positive 3rd Quarter Results

China-based producer and supplier of organic and specialty foods, Nutrastar International, Inc. announced record financial results for the third quarter of 2011. Some of the highlights for this quarter’s performance include a 47.9% increase in revenue to $9.56 million, a 39.4% gross profit increase to $7.36 million and $4.98 million in net income. Nutrastar also posted positive results for the nine-month period ending on September 30, 2011. During this period, revenues increased to $23.04 million, a 38% bump. Nutrastar also posted increased gross profit and net income, $17.74 million and $11.89 million, respectively. The company reported that these increases can…

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