Breaks Categories: News

FridayFeb 10, 2017 12:39 pm

NetworkNewsBreaks – MediWound Ltd. (NASDAQ: MDWD) Still Inching Higher on Positive NexoBrid Results

Shares of MediWound (NASDAQ: MDWD) are ticking higher a day after the company reported positive results from its phase 2 study evaluating the safety, pharmacokinetics (transcutaneous absorption) and efficacy of NexoBrid in hospitalized children and adults with severe thermal burns. As a topically administered eschar removal agent, NexoBrid provides a much needed alternative to surgical excision. Surgery of large surfaces of eschar is often limited by the availability of the extensive donor site required. Additionally, surgical excision results in significant surgical burden on these very severe patients including immense blood loss. The phase 2 study included 36 patients with severe…

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ThursdayFeb 09, 2017 1:05 pm

NetworkNewsBreaks – Viking Therapeutics, Inc. (NASDAQ: VKTX) Shares Reverse from Early Rally on Positive Initial Data from VK2809 Study

Shares of Viking Therapeutics (NASDAQ: VKTX) are trading lower, pulling back from a pre-market surge of 10% after the company announced positive initial results from a proof-of-concept study of VK2809 for the treatment of GSD Ia, a rare orphan genetic disease. The data demonstrates that treatment with VK2809 led to statistically significant reductions in key metabolic markers of GSD Ia, including rapid and substantial reductions in liver triglyceride content, liver weight and liver weight as a percentage of body weight, as compared with vehicle-treated controls. "These initial proof-of-concept data showing VK2809's activity in this model of GSD Ia are very…

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ThursdayFeb 09, 2017 12:18 pm

NetworkNewsBreaks – MemReg, Inc. (MREG) Announces Changes to Name and Ticker Symbol

Cloud-based health care software-as-a-service company MemReg, Inc. (OTC: MREG) this morning announced its intention to change its name to ORHub, Inc. in an effort to better reflect its current business. The change, which has already received FINRA approval, also includes a change in ticker symbol to ORHB, effective February 10, 2017. CEO Colt Melby noted the importance of this change in this morning’s update. “Our official name change and new stock ticker symbol signifies the final step in the Company's transformation into a publicly traded software company focused on development and commercialization of productivity and information software for surgical operations,”…

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ThursdayFeb 09, 2017 9:59 am

NetworkNewsBreaks – eXp World Holdings, Inc. (EXPI) Hosting Webinar on February 23

eXp World Holdings, Inc. (OTCQB: EXPI), holding company for eXp Realty LLC, this morning announced its plans to host a corporate update webinar on Thursday, February 23, 2017, at 8:30 AM Pacific Time. The call, which is to be hosted by Glenn Sanford, chairman and CEO of EXPI, and Alan Goldman, the company’s CFO, will feature a look into EXPI’s sustained growth in the real estate sector, as well as an overview of the company’s unique business model and some insight into its key milestones. To access the call, interested investors should dial 1-888-221-3884 if within the United States or…

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WednesdayFeb 08, 2017 12:16 pm

NetworkNewsBreaks – Plug Power, Inc. (NASDAQ: PLUG) Ships First Production ProGen Engines to CA; Chinese Shipments Set For Q2 2017

Plug Power (NASDAQ: PLUG) this morning announced its shipment of the first production ProGen fuel cell engines for use in electric delivery vehicles. The first deliveries will function as range extenders in electric FedEx Freight delivery vans in and around Los Angeles, doubling the vehicle’s range. ProGen engine shipments for delivery vans in the China market begin in the second quarter of 2017 and will be utilized for on-road trials and certification. The company notes that China is actively driving fuel cell and hydrogen adoption within the country, making it an attractive market. “The electrification of the auto market is…

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TuesdayFeb 07, 2017 10:28 am

NetworkNewsBreaks – Stealth Technologies, Inc. (STTH) Announces Engagement of NetworkNewsWire

Stealth Technologies, Inc. (OTCQB: STTH), a company focused on the development and commercialization of technology aimed at identity protection and personal safety, this morning announced its engagement of NetworkNewsWire (NNW) for corporate communications solutions. NNW is a multifaceted financial news and publishing company working to help public and private organizations find their voice and build market visibility by leveraging a rapidly expanding distribution network of more than 5,000 key syndication outlets. “Innovation is a cornerstone of our corporate strategy at Stealth Technologies, and this includes constant refining of our communications initiatives as we capture our share of the personal emergency…

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TuesdayFeb 07, 2017 9:50 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Announces Position as a Debt-Free Company

Full-service mobile technology and marketing provider SinglePoint, Inc. (OTC: SING) this morning announced that it is now officially debt-free. The milestone comes as a result of the company’s ongoing fundraising initiatives, which have already resulted in the addition of more than $300,000 of working capital to its balance sheet. SinglePoint has also entered into a Letter of Intent stemming from these efforts that’s expected to result in the securement of $1 million of additional funding. Per this morning’s update, SinglePoint intends to use the capital from these fundraising efforts to support its proposed uplisting to the OTCQB Venture Market later…

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MondayFeb 06, 2017 12:02 pm

NetworkNewsBreaks – Recon Technology (NASDAQ: RCON) Receives Authorization to Bid on Future ABB (NYSE: ABB) Projects

Recon Technology (NASDAQ: RCON) this morning announced it has received an authorization letter from ABB (NYSE: ABB), enabling Recon to bid on several of the power and automation technology company’s upcoming projects. Recon said it would provide on-site project commissioning and maintenance services to ABB for any successful project bids. "We are pleased to receive authorization from ABB, giving Recon recognition from the global pioneer of automation technology. Over the years, we have been committed to the exploration and development of new business opportunities outside our traditional oilfield sector. We are confident that our experience within the energy industry, as…

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MondayFeb 06, 2017 12:00 pm

NetworkNewsBreaks – Ocean Power Technologies, Inc. (NASDAQ: OPTT) Inks Development and Marketing Agreement with HAI Technologies; Shares Surge

Ocean Power Technologies (NASDAQ: OPTT) (“OPT”) and HAI Technologies Corp. this morning announced they will seek mutual opportunities through a joint applications development and marketing agreement, initially concentrating on offshore oil and gas subsea chemical injection systems. Under the agreement, HAI Technologies’ advanced chemical injection solutions will be combined with OPT’s PB3 PowerBuoy® to generate new methods for long distance and remote offshore field developments. Shares of OPT are up 14% following the news. “We are excited to join efforts with such an innovative company as HAI Technologies. Chemical injection systems require persistent and reliable power, and we believe OPT’s…

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FridayFeb 03, 2017 12:22 pm

NetworkNewsBreaks – Amyris, Inc. (NASDAQ: AMRS) Shares Spike 13% on Corporate and Financial Update

Shares of Amyris (NASDAQ: AMRS) are higher after the bioscience company issued an update on certain aspects of its business and financial results for 2016. Amyris reported three key updates: record revenue in both collaborations and product sales for 2016; near-term debt maturities resolved; and the completion of strategic transition out of commodity products. “We are pleased to have achieved a record year of revenue growth, and of having completed all of the 2016 strategic milestones we set out to, and we continue to make good progress on our debt structure by having resolved our near-term debt maturity issues in…

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