TuesdayJul 05, 2011 1:51 pm

CytRx’s (CYTR) Oncology Treatment Receives Orphan Drug Designation; Company Preps for Next Phase of Clinicals

CytRx Corp., a biotech company specializing in oncology, today announced that the Office of Orphan Product Development of the U.S. Food and Drug Administration (FDA) has granted orphan drug designation for the company’s INNO-206 for the treatment of patients with soft tissue sarcomas. CytRx holds the exclusive worldwide development and commercialization rights to INNO-206. The company’s goal is to initiate further clinical trials, which is leveraged by the FDA’s decision to grant the treatment orphan drug designation. “Our strategy to move quickly into a phase IIb trial with INNO-206 in soft tissue sarcomas is further supported by the FDA’s approval…

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TuesdayJul 05, 2011 1:50 pm

PowerVerde, Inc. (PWVI) to Ship First Commercial 50 Kilowatt Renewable Electric Power Waste Heat Recovery System

PowerVerde, Inc. manufactures advanced renewable power generator systems comprised of gas pressure and gas expansion motors. These systems operate without fossil fuels, creating electric power from any low grade heat or adequate pressure source. The company today announced the completion and successful testing of their 50 kilowatt electric power renewable waste heat recovery system named the 'Liberator'. Under a previously announced letter of intent with the Dutch renewable energy investment company, Newton Investments, PowerVerde will ship the first of five planned systems the week of July 4th. Newton is also in final negotiations with PowerVerde to offer the technology to…

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TuesdayJul 05, 2011 12:23 pm

MMRGlobal, Inc. (MMRF) Finds Enormous Distribution Channel with Wireless Reseller PCS International

MMRGlobal, through wholly-owned subsidiary, MyMedicalRecords, Inc. (MMR), is a provider of the most sophisticated digital Personal Health Records (PHR) systems on the market, including the professional bundle, MMRPro. The Company announced entry today into a distribution agreement with cellular and wireless equipment reseller PCS International, Inc. for the sale of MMRPro to institutional clients, as well as sale of the MMR PHR (www.mmrvideos.com), direct-to-consumer via a network of eleven retail locations, featuring the product as an upgrade for wireless offerings like tablets and smartphones. With a massive load out of over 120k customer accounts, PCS is a service provider with…

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TuesdayJul 05, 2011 11:07 am

Newport Digital Technologies, Inc. (NPDT) Video Chart for Tuesday, July 5, 2011

NPDT has had very impressive upward swings and is currently positioned to do so again as the stock is currently resting on a well tested support level. There is also positive divergence of the MACD and Full STO is in oversold territory. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

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TuesdayJul 05, 2011 10:31 am

BizRocket.com, Inc. (BZRT) Lays Out Plan for KidzRocket Growth

The new kid-safe social networking site recently released by BizRocket.com, Inc., and continuing to develop as it grows, is designed to have many of the properties of a site like Facebook, but with security features that make it safe for pre-teens. KidzRocket.com is designed to have safe chat rooms and a social networking structure that allows parents to set boundaries. The idea is to have a completely safe and profanity free networking environment where kids can connect with other kids they know and safely share conversations, photos, and videos. KidzRocket.com also prevents the release of sensitive personal information, photographs, and…

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TuesdayJul 05, 2011 10:27 am

OncoSec Medical Inc. (ONCS) Appoints Brian McCluskey Executive Director of Engineering

Located in San Diego, California, OncoSec has quickly made a name for themselves as a developer of novel ElectroOncology therapies that combine their proprietary electroporation delivery technology with a chemotherapeutic or DNA-based immunotherapeutics. Today, OncoSec took a major step towards accelerating the development of its cancer therapeutic delivery device with the appointment of Brian McCluskey as their Executive Director of Engineering. McCluskey is a renowned name in the sector and brings over 30 years of electrical engineering experience with him. For the last 20 years, McCluskey has developed software and hardware devices used for medical and research purposes. Leading the…

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TuesdayJul 05, 2011 9:54 am

Torchlight Energy Resources, Inc. (TRCH) Updates Texas Oil and Gas Program

Torchlight Energy Resources, Inc. disclosed additional information on the company’s oil and gas exploration and development program in Texas. Torchlight Energy Resources and its operating partner have spud the Johnson #4 well at the Marcelina Creek Field located in Wilson County, Texas. This is the second well in a four well program at the property. The Johnson #4 well is to be drilled to a vertical depth of 8,500 feet and is targeting the Buda formation on the property. Torchlight Energy Resources is involved with Bayshore Operating Corporation, LLC to develop leasehold at the Marcelina Creek Field. The program consists…

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TuesdayJul 05, 2011 9:50 am

Serious about Trading? SeriousTraders is for You!

Our partner SeriousTraders knows that elite traders have to stay on top of the market at all times, and they stand behind them by continually searching for incredible trading opportunities. SeriousTraders is jam packed with informative market data and specialized articles; you won’t miss an opportunity to hone your trading edge. Even if you’re just looking to become a Serious Trader, but don’t know where to begin – Look no further. SeriousTraders wants you to feel confident in the news and information they publish. That’s why SeriousTraders is constantly researching and updating their website to bring you the latest information.…

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TuesdayJul 05, 2011 9:22 am

Competitive Technologies, Inc. (CTTC) Announces New CPT Code for Scrambler Therapy

Last Friday, Competitive Technologies, Inc. announced that the American Medical Association's Editorial Panel for Current Procedural Terminology (CPT) established a new Category III CPT® code to report procedures, such as treatment of chemotherapy-induced peripheral neuropathy (CIPN), involving the Company's Calmare® pain therapy medical device, which features Scrambler Therapy™ technology. The new CPT code is 0278T Transcutaneous electrical modulation pain reprocessing (e.g., scrambler therapy), each treatment session (includes placement of electrodes). The Calmare device has successfully treated CIPN and other neuropathic cancer pain in thousands of patients. It has done so without any of the adverse side effects normally associated with…

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TuesdayJul 05, 2011 8:50 am

Newport Digital Technologies, Inc. (NPDT) Leverages Strategic Partnership with LG

Newport Digital Technologies, Inc., an information communications technology company with U.S. headquarters in Newport Beach, California, offers a diverse menu of LED lighting and signage solutions to fully serve every commercial venue, from healthcare to hospitality, including corporate communications, retail sales, food service, transportation and even government applications. This diversity makes it possible for the Company’s customers to realize their full communications potential, whether they comprise a simple display or a highly networked file-sharing system of information. Newport Digital Technologies does all this by virtue of its standing as an authorized LG Electronics (LGE) USA reseller, with access to all…

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