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CytoSorbents Corp. (CTSO) Blood Purification System Data Featured at Western Thoracic Surgical Association
Posted on 6/29/2012 @ 5:16 PM
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CytoSorbents is a therapeutic device company using blood purification to modulate the immune system, reduce severe inflammation, and prevent or treat organ failure caused by life-threatening illnesses. The company today announced the presentation of data from its research collaboration at the Annual Meeting of the Western Thoracic Surgical Association in Hawaii, being held today. Dr. David Rabkin, assistant professor of Surgery, Division of Cardiothoracic Surgery at the University of Washington Medical Center in Seattle, Wash., will present the potential future use of CytoSorb® blood purification system to protect the viability of organs donated by patients who are officially dead from irreversible brain injury, but whose organs are still working.“While the vast majority of organ transplants rely on cadaveric donors, it’s long been appreciated that brain death creates an environment hostile to organ function. This effect is particularly pronounced in the heart where estimates suggest that about 20 percent of
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Ohr Pharmaceutical, Inc. (OHRP) Announces $2.91M Financing through Exercised Series H Warrants
Posted on 6/29/2012 @ 5:15 PM
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Ohr Pharmaceutical today announced that its existing shareholders have exercised 5,299,022 Series H warrants at $0.55 per warrant, resulting in net proceeds of $2.91 million. The company offered shareholders 0.6 replacement warrants for every Series H warrant exercised, resulting in the aggregate issuance of 3,179,410 warrants exercisable at $1.20 for a five-year period; 95 percent of the outstanding Series H warrants were exercised in this transaction.Ohr Pharmaceutical said it plans on using the proceeds for general corporate purposes, as well as to advance the clinical development of its compounds: Squalamine eye drops for the treatment of wet-AMD and neovascular ophthalmic disorders; and OHR/AVR118 for the treatment of cancer cachexia.“This financing will allow us to comfortably achieve several upcoming milestones in our Squalamine eye drop and OHR/AVR118 clinical programs in the remainder of 2012 and 2013. We would also like to thank our shareholders for their continued support,” Dr. Irach B.
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Seeking Alpha Article Features International Stem Cell Corp. (ISCO), Touts Stem Cell Technology’s Bright Future
Posted on 6/29/2012 @ 5:15 PM
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In an article published earlier today featuring key players in the stem cell industry, International Stem Cell Corp. was labeled as being possibly “the most promising” as the company has developed a breakthrough technology that provides pluripotent stem cells without using viable human embryos and without the issues associated with induced pluripotent stem cells or adult stem cells. Based upon unfertilized human eggs, ISCO’s technology also allows superior immune-matching capabilities.The idea behind stem cells has in fact been around for a very long time. Ever since the invention of the microscope and the development of cell theory, scientists have known that somehow the complex collection of specialized cells that make up the human body have their origin in a single fertilized egg. It was clear that, somewhere during the earliest stages of the developmental process, cells were being systematically transformed into specialized heart cells or nerve cells or liver cells or blood cells. The term “stem cell” was
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FluoroPharma Medical, Inc. (FPMI) Targets #1 Most Wanted
Posted on 6/29/2012 @ 1:48 PM
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In 1950, the FBI formally announced their Ten Most Wanted list to the world, in an attempt to promote the identification and capture of the most notorious fugitives. If there were a ten most wanted health list, coronary artery disease (CAD), still the world’s #1 killer, would be at the top. Several million people die every year from CAD. In the U.S., it is responsible for approximately one third of all deaths. It’s little wonder that the health industry is gunning for CAD in a big way. However, in spite of huge investments in drugs to fight the disease, it is becoming clear that drugs cannot cure coronary artery disease. Although progress has been made in reducing LDL (sometimes called the “bad” cholesterol, a risk factor for CAD), the fact remains that up to 35% of heart attack patients do not have high blood cholesterol levels, even though most of them have atherosclerosis (hardening of the arteries). In addition, attempts to use drugs to raise the level of HDL (“good” cholesterol) have proven unsuccessful.
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Spare Backup, Inc. (SPBU) Announces Launch of Mobile Security and Backup Services with Second European Financial Services Group
Posted on 6/29/2012 @ 1:47 PM
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Spare Backup, a leading provider of data backup and security software for smartphones, tablets, and PCs, announced plans to launch its services with a second financial services group in Europe as part of a master service agreement with their largest European distributor. Spare Backup is unaffiliated with any carrier or manufacturer. The launch is expected to occur in the next 30 days and will support the strategy of providing services on a private label.“We are excited to launch our Spare Mobile offerings with a second financial services industry partner as we begin to see some early sales data that supports our efforts in the warranty and mobile insurance space,” commented Cery Perle, CEO of Spare Backup. “Through our private labeled websites we can support multiple launches in a very quick time frame and we intend to diligently work with our partners in North America and other parts of the world to rapidly grow our customer base. We believe we are in the right place at the right time in the mobile space to
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Emmis Communications Corp. (EMMS) Selects TuneIn to Broaden Market Reach
Posted on 6/29/2012 @ 10:15 AM
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Yesterday, TuneIn announced that it has been selected by Emmis Communications to broaden the reach of its 20 stations to the service’s 30 million monthly active listeners. As part of the agreement, Emmis will gain use of a variety of TuneIn tools, such as free analytics and an ad platform. Emmis stations will also promote TuneIn to their listeners on-air. “One of our key focal points is to connect the highest quality broadcasters with the millions of passionate listeners who look to TuneIn to hear their favorite content and discover great new stations and artists,” said John Donham, CEO, TuneIn. “Emmis has such a compelling stable of influential radio stations, and as an organization they really understand the value of great programming and strong brand-building. We are very excited to align with them.” Emmis owns and operates radio stations in the nation’s largest markets, including New York, Los Angeles, Austin, St. Louis, and Indianapolis, its hometown. TuneIn listeners now can enjoy popular Emmis stations
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Telanetix, Inc. (TNIX) Announces Partnership with GreatAmerica to Bundle AccessLine SIP Trunking with Equipment for Business Phones
Posted on 6/29/2012 @ 10:14 AM
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Telanetix, a cloud-based provider of next-generation hosted voice services for the business market through its AccessLine branded service, and GreatAmerica Leasing Company announced a partnership that will enable GreatAmerica to bill and collect AccessLine SIP trunking charges bundled with business phone equipment. It is anticipated that the partnership will simplify the process of purchasing business phone services and simultaneously take advantage of cost savings that SIP trunking service provides for businesses.GreatAmerica looks forward to capitalizing on its invoicing expertise by billing AccessLine SIP trunking charges, along with PBX equipment and software, on its invoices. The company is also excited about enabling telecom dealers and agents who sell AccessLine Voice Services to offer customers a complete communications solution that is easily understood and conveniently billed in a single invoice. In turn, AccessLine considers GreatAmerica to be an ideal partner, due to the company’s shared focus of
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GSA Advances Green Power Adoption and Significant Energy Savings through World Energy Solutions, Inc. (XWES)
Posted on 6/29/2012 @ 10:13 AM
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World Energy Solutions, a prominent energy management services firm, announced that it has assisted the U.S. General Services Administration, Region 2, in the procurement of approximately 300 million kWh of electricity. The procurement includes multiple GSA facilities in New York, in addition to other federal accounts, including the American Red Cross, Bureau of Prisons, United Nations, U.S. Coast Guard, and U.S. Department of Veterans Affairs.In a battery of competitive online auctions on the World Energy Exchange ®, GSA tested several products and terms in a reasonable and transparent manner, accumulating 127 bids from six suppliers throughout the process. The auctions brought in new contracts that are expected to result in over $10.8 million in savings relative to the prior agreements of the participating agencies. Delivery will begin in May 2012 under the new terms.Markedly, GSA awarded two-year power contracts for its Manhattan and Upstate Service Centers. It is anticipated that these contracts will
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Mass Megawatts Wind Power, Inc. (MMMW) Begins Construction of New Patent-Based Wind System
Posted on 6/28/2012 @ 5:15 PM
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Mass Megawatts Wind Power today said it has commenced construction of a demonstration, low-cost wind system that utilizes the company’s patented wind augmentation technology, the Multi-Axis Turbo (MAT). To further demonstrate its technology’s potential, the company also announced that it will install a wind unit without the new low cost augmenter next to the augmented system to prove the MAT’s ability to lower the cost of producing wind-generated electricity. Mass Megawatts’ wind augmentation system was designed to increase by 70 percent the wind velocity directed at the turbine, which the company says subsequently triples the increase in the electrical power generated by the turbine. MAT ranges between 50 and 80 feet in overall height; by proving its efficacy in shorter heights, the company can eliminate the notion that turbine structures need to exceed that height to realize adequate wind velocity. Reducing the size of wind turbines reduces material and installation costs; can result in expediting zoning
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Access Pharmaceuticals, Inc. (ACCP) Presents Positive Data of MuGard Phase 4 Clinical Trial at Cancer Symposium
Posted on 6/28/2012 @ 5:14 PM
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Access Pharmaceuticals today said that Dr. Ron R. Allison of Carolina Radiation Medicine, Greenville, NC, recently presented results from the company’s ongoing MuGard phase 4 clinical trial in oral mucositis at the Multinational Association of Supportive Care in Cancer (MASCC) Conference in NYC, presenting summarized data from 70 cancer patients undergoing chemoradiation therapy for head and neck cancer. Data shows that patients using MuGard experienced statistically significant efficacy in: reduction in mouth and throat pain, a common side effect of chemotherapies; a delay to onset of oral mucositis, a debilitating side effect of some radiation and chemotherapy cancer treatments; and reductions in weight loss during therapy and in the use of opioid pain medication. “Given the significant oral mucositis typically seen in this head and neck cancer population, the benefits of MuGard shown in the results from this trial are important both clinically and from a patient quality-of-life perspective. It’s critically
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Duma Energy Corp. (DUMA) is ROI Oriented
Posted on 6/28/2012 @ 2:45 PM
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Duma Energy is a Houston-based oil and gas exploration and production company that leverages 3D seismic data and other technologies to identify and exploit new and underexplored domestic locations, both on and off-shore. They focus on known domestic reserves, seeking accretive acquisitions of production, reserves, or other oil/gas companies that have the highest potential. The company currently has working operations in Texas, Louisiana, and Illinois. Duma’s strength is their flexibility. The company invests for strong financial returns, not solely for barrels of oil. They are not bound to any particular geographical locations or operational strategy. Risk is evaluated based upon operation considerations, finances, and industry. They concentrate on only industry standard and time-tested technologies, using as a foundation the extensive experience of their senior leadership. They know what works. They carefully avoid unproven resource plays or other superficially attractive opportunities that depend upon high
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GlobalWise Investments, Inc. (GWIV) Hits Home Run with Sycle.net
Posted on 6/28/2012 @ 2:44 PM
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In a recent interview that Hearing Review had with Sycle.net, a GlobalWise channel sales partner, it was clear that Sycle.net was especially enthusiastic about eDocs, the just launched cloud-based document management system developed in partnership with GlobalWise subsidiary Intellinetics. Sycle.net is the largest provider of cloud-based ERP (Enterprise Resource Planning) software systems specifically designed for the hearing care industry. They support over 65% of the audiology clinics in the U.S., and are growing by approximately 50 clinics every month. The company spent many months researching to identify the right ECM (Enterprise Content Management) software provider to help Sycle’s customers get a handle on all the patient documents naturally associated with health care environments. As their CEO, Ridge Sampson, stated: “Nothing is more important than our reputation with our audiology clients”. Their final choice was GlobaWise, and their Intellinetics Intellivue software platform. There were a number of
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BioDelivery Sciences International, Inc. (BDSI) Demonstrates Positive Results in Recent Study
Posted on 6/28/2012 @ 2:43 PM
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BioDelivery Sciences International recently completed an FDA recommended trial as part of the New Drug Application (NDA) to examine the effects of multiple BEMA Buprenorphine/Naloxone (BNX) films administered concurrently. Results of the pharmacokinetic study were positive, indicating that the NDA is on track for submission in early 2013. BDSI expects to have key data from the study in the third quarter of 2012, and the final clinical requirement for an open label study will be initiated at this time.The intention of the study was to examine dose proportionality ahead of the forthcoming pharmacokinetic study. The results confirmed that the buprenorphine pharmacokinetics were nearly identical following multiple BNX films applied at one time compared to an equivalent dose administered as a single film. Additionally, a linear relationship was found in buprenorphine pharmacokinetics across the dose range of BNX administered, meaning that as doses of BNX increased, there was a corresponding increase in the amount
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Norman Cay Development, Inc. (NCDL) is “One to Watch”
Posted on 6/28/2012 @ 2:42 PM
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During the September month of last year, via a share exchange agreement, Norman Cay Development acquired all outstanding shares of Discovery Gold Ghana Limited for a $100k lump sum and issuance of 17.5M newly-issued shares to DGG stockholders. The company thereby obtained access to the exclusive option held by DGG with rights to acquire, explore, and develop the Edum Banso (7.8 square miles) gold project in Western Ghana (specifically the historic Ashanti Gold Belt, Mpohor Wasa East District). DGG currently holds a 65% interest with an opportunity to acquire up to 90% in these exclusive exploration rights.Norman Cay takes the stage alongside the big boys, like global gold developer Newmont Mining (who now has some 20% of their overall footprint in resource rich Ghana), with a key property that is ideal for such an emerging gold developer. DGG, which is now a wholly-owned subsidiary of NCDL, is organized under the laws of the country of Ghana and so NCDL is already in a very favorable position with regard to
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ERF Wireless, Inc. (ERFB) Introduces a GPS-Based e911 Solution for Oil and Gas Clients to Safeguard Remote Drilling Operations
Posted on 6/28/2012 @ 2:40 PM
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ERF Wireless, through its subsidiaries (Energy Broadband Inc., ERF Enterprise Network Services, ERF Wireless Bundled Services, ERF Wireless Messaging Services, and ERF Network Operations) has developed an impressive array of wireless broadband technologies/service offerings, including the biggest terrestrial wireless network in the country for handling the needs of the oil and gas exploration sector, announced a specialized, GPS-based e911 system for their wireless network services today via subsidiary Energy Broadband. With a majority of revenue streaming in directly from providing mission critical, terrestrial wireless broadband communications to domestic oil and gas rigs operating in remote areas, this awesome new feature brings a whole new meaning to the phrase that is typically used to describe the company’s already widely acclaimed services (including VoIP), “best of class.” It cannot be stressed how important emergency 911 is for these kinds of remote operations. There are often no marked roads or at
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BioClinica, Inc. (BIOC) and C.R. Bard Receive Microsoft Life Sciences Innovation Award
Posted on 6/28/2012 @ 10:48 AM
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BioClinica, a provider of clinical trial management solutions worldwide, announced that, along with C.R. Bard, it has won Microsoft Corporation’s prestigious Life Sciences Innovation Award. The award honors companies that utilize Microsoft solutions in the realization of business and information technology benefits, and it is presented at the Drug Information Association’s (DIA) 48th Annual Meeting in Philadelphia. BioClinica was given the award for its success in revolutionizing medicine development by helping clients usher therapeutic innovations into the market quicker, fight serious ailments, improve healthcare, and enhance people’s quality of life. “Now more than ever, the life sciences industry is faced with many challenges including cutting costs and bringing new drugs and therapies to market faster,” said Andrea McGonigle, national managing director, Life Sciences, Microsoft Corporation. “We are impressed with how the winners demonstrate sustainable impacts through technology, and are proud that
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International Stem Cell Corp. (ISCO) Creates Transplantable Human Cornea from Pluripotent Stem Cells
Posted on 6/28/2012 @ 10:47 AM
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International Stem Cell Corporation’s research and development team has successfully created a functional and transplantable human cornea by developing a new method to derive corneal endothelium-like cells from human pluripotent stem cells.This major milestone represents a significant step towards the creation of complete cornea tissue that can be used for transplantation. The accomplishment also supports prior data showing indications of corneal endothelium generated by ISCO’s collaborators at Sankara Nethralaya Eye Hospital, India. Such cells by themselves could promote wound healing and regeneration of the cornea, as well as be used as a standalone medical treatment.ISCO stated that development and commercialization of its cell-derived cornea tissue, along with manufacturing of Lifeline Cell Technology’s media and cellular products, is the foundation for the company’s expansion to the Asian markets and for clinical collaboration with Indian biomedical organizations, including Sankara Nethralaya Eye
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JWC Acquisition Corp. (JWCAU) and The Tile Shop to Form Tile Shop Holdings Venture
Posted on 6/27/2012 @ 5:15 PM
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JWC Acquisition Corp. and The Tile Shop, LLC, a specialty retailer of manufactured and natural stone tiles and related accessories, today announced their agreement to combine business under a new holding company, Tile Shop Holdings Inc., which intends to apply for listing on the Nasdaq Stock Market under the symbol “TTS” upon the closing of the business combination. The Tile Shop currently operates 61 specialty retail stores in 20 states, with eight of the stores opened in 2012. Through its merger with JWC, The Tile Shop says it is positioned to leverage greater access to capital to further execute on its profitable long-term growth strategy. The company intends to open an additional five stores in the remainder of 2012 and expects to open no less than 15 stores in 2013. “This transaction marks the next step in The Tile Shop’s evolution into the leading North American specialty retailer of tile. As a public company, we not only will continue with our self-funded store growth across the country, but also be
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Cuticonsai Group of Italy Completes Field Testing of Start Technologies, Inc.’s (GWBU) FEED Device
Posted on 6/27/2012 @ 5:15 PM
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Great Wall Builders Ltd., operating as “Start Technologies Europe s.r.o.”, today announced the completion of field tests conducted on its Start Fuel Efficiency and Efficiency Device (FEED) technology. The Start FEED technology reduces emissions and saves fuels. Testing of the product was done by Cuticonsai Group of Italy, which reported that the technology successfully increased operating profits by achieving an average 8 percent fuel savings, and it meets strict European Low Emission Zone (LEZ) requirements. Cuticonsai, provider of transportation services for commercial goods, construction material, and waste management services in Italy, has ordered an additional 100 Start FEED units priced at 1,125 Euro per unit. Cuticonsai is a member of the “National League of Cooperatives and Mutual” (Legacoop), which is active in industry sectors including distribution, construction, agro-food, services, manufacturing, insurance, finance, and credit. Legacoop assists and protects the cooperative with developing
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Cuticonsai Group of Italy Completes Field Testing of Start Technologies, Inc.’s (GWBU) FEED Device
Posted on 6/27/2012 @ 5:15 PM
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Great Wall Builders Ltd., operating as “Start Technologies Europe s.r.o.”, today announced the completion of field tests conducted on its Start Fuel Efficiency and Efficiency Device (FEED) technology. The Start FEED technology reduces emissions and saves fuels. Testing of the product was done by Cuticonsai Group of Italy, which reported that the technology successfully increased operating profits by achieving an average 8 percent fuel savings, and it meets strict European Low Emission Zone (LEZ) requirements. Cuticonsai, provider of transportation services for commercial goods, construction material, and waste management services in Italy, has ordered an additional 100 Start FEED units priced at 1,125 Euro per unit. Cuticonsai is a member of the “National League of Cooperatives and Mutual” (Legacoop), which is active in industry sectors including distribution, construction, agro-food, services, manufacturing, insurance, finance, and credit. Legacoop assists and protects the cooperative with developing
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