Medical Device Stock Alert; PositiveID (OTCBB: PSID) Trades up over 17% on News
3/5/2012 12:46:41 PM
New York, NY- March 5, 2012 - Investorideas.com, an investor
research portal specializing in sector research including biotech and pharma
stocks, issues a trading alert for PositiveID Corporation (OTCBB: PSID), a
developer of medical technologies for diabetes management.
The stock is trading up at $0.1380, up 0.0203(17.25%)as of
10:29AM EST, on over 500,00 shares.
The Company reported news this morning that it has finalized its first-in-class
development of a fully synthetic glucose sensing system to measure glucose
levels within the body for people with diabetes. PositiveID and its partner
RECEPTORS LLC believe they are the first to develop a fully synthetic, stable,
sensitive, selective sensing system that is responsive to glucose in human
plasma, which is considered to be a critical step in the development of an
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About PositiveID Corporation
PositiveID Corporation develops unique medical devices and
molecular diagnostic systems, focused primarily on diabetes management, rapid
medical testing and airborne bio-threat detection. Its wholly-owned subsidiary,
MFS, is focused on the development of microfluidic systems for automated
preparation of and performance of biological assays. For more information on
PositiveID, visit www.PositiveIDCorp.com.
PositiveID Corporation (OTCBB: PSID) is a featured biotech
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