Breaks Categories: Stock Spotlights

WednesdayDec 21, 2016 1:16 pm

NetworkNewsBreaks – Calithera Biosciences, Inc. (NASDAQ: CALA), Bristol-Myers Squibb (NYSE: BMY) Collaborate to Assess Combination of Opdivo, CB-839

Calithera Biosciences (NASDAQ: CALA) and Bristol-Myers Squibb (NYSE: BMY) have entered into a clinical trial collaboration to evaluate Bristol-Myers Squibb’s Opdivo in combination with Calithera’s CB-839 in patients with clear cell renal cell carcinoma (ccRCC). Preclinical data suggest that CB-839 – currently in phase 1/2 clinical studies - may enhance the effects of, and reverse tumor resistance to checkpoint inhibitors by altering the immune-suppressive microenvironment and encouraging an anti-tumor immune response. Opdivo is designed to overcome immune suppression. Under the collaboration, Calithera and Bristol-Myers will explore the potential of combining their agents with the goal of achieving improved and continual…

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WednesdayDec 21, 2016 1:13 pm

NetworkNewsBreaks – Moxian, Inc. (NASDAQ: MOXC) Utilizes Key Data to Reach Target Demographics in China

Moxian (NASDAQ: MOXC) is securing a foothold in the O2O (online-to-offline) market in China by paying attention to who is using O2O services, and how active those users are on social media. “Unlike in the U.S. or Europe, where O2O is often considered to be items purchased online and picked up at a store, in China O2O includes a range of categories. O2O in China takes into account travel, accommodation, transport, dinner reservations, medical appointments, and virtually any services that are ordered or booked online but paid for at point of service. With this in mind, who is the primary…

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WednesdayDec 21, 2016 1:11 pm

NetworkNewsBreaks – Sphere 3D (NASDAQ: ANY) Shares Climb After Subsidiary Launches 4TB RDX Cartridges

Shares are up 50% for Sphere 3D (NASDAQ: ANY) following the news of its wholly owned subsidiary, Tandberg Data, releasing its new 4TB RDX® cartridges. The new cartridges fit any RDX disk-based storage system, including Tandberg Data's QuikStor™ and QuikStation™.  The 4TB RDX cartridge is designed for usage in data-intensive environments, such as professional workflow and archiving, hybrid cloud applications and database seeding. The company says it has the highest capacity RDX media on the market today, increasing maximum per cartridge storage by 30 percent. To view the full press release, visit: http://nnw.fm/j8mMz About Tandberg Data Tandberg Data is a…

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TuesdayDec 20, 2016 2:34 pm

NetworkNewsBreaks – Conatus (NASDAQ: CNAT) Skyrockets on Exclusive Licensing Deal with Novartis (NYSE: NVS)

Conatus Pharmaceuticals (NASDAQ: CNAT) shares are up 141% following the early-morning announcement of an exclusive option, collaboration and license agreement with Novartis (NYSE: NVS) for the global development and commercialization of its first-in-class, orally active pan-caspase inhibitor emricasan. Per the agreement, Conatus will receive $50 million upfront, and is eligible to receive $7 million following the exercise of the license option. Conatus can borrow up to $15 million in the form of convertible promissory notes under an investment agreement with Novartis. Conatus will host a conference call and webcast presentation at 5:30 p.m. ET today. “The option to co-commercialize in…

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TuesdayDec 20, 2016 1:37 pm

NetworkNewsBreaks – OurPet’s Company (OPCO) Sets Sights on Open Market for Interactive Dog Toys

OurPet’s Company (OTCQX: OPCO) recently opened up about the details of its continued growth in the booming non-food pet product industry. With the majority of the company’s success linked to the cat market, OPCO plans to exploit the open market for interactive dog toys. “Approximately 61% of OPCO’s revenue comes from the cat market, mostly toys and accessories together with waste and odor products, while 38% comes from the dog market, mostly feeding and storage products. However, OPCO also sees untouched opportunities in the dog toys area. As with its cat toys, OPCO has put research into the sensations and…

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MondayDec 19, 2016 12:20 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Combines Solid Security with Latest Technology for E-Commerce Payment Solutions

Net Element (NASDAQ: NETE) continues to be a step ahead of the game with its innovative payment platform, PayOnline. “Internet payment processing businesses rarely achieve success without the latest technology, the highest levels of security or a personalized approach to every customer. Reliability and stability are also features that customers look at when choosing an e-commerce payments acceptance vendor. It is little surprise, then, that Net Element and PayOnline embody these characteristics while also thriving in the innovation and product development areas. Attributes such as these characterize the companies differently from their competitors, and so do the ground-breaking products they continue…

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FridayDec 16, 2016 2:14 pm

NetworkNewsBreaks – National Waste Management Holdings (NWMH) Tackles Ever-Growing Electronic Waste

With technology advancing by the minute, everyone is after a newer, more up-to-date model of their phone, computer, laptop, or other device. Where their old device ends up isn’t something most people worry about. Luckily, there are companies who handle e-waste. “Since the dawn of the electronic and digital ages, varieties of electronic waste (e-waste), which include computers and associated devices and materials, have multiplied. This mountain of waste poses a troubling challenge to the health of the planet and its inhabitants. Thankfully, it is a challenge that has been taken on by Florida-based National Waste Management Holdings (OTC: NWMH).…

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FridayDec 16, 2016 2:13 pm

NetworkNewsBreaks – LightPath Technologies, Inc. (NASDAQ: LPTH) Prices Public Offering of 7M Shares of Class A Common Stock

Shares of LightPath Technologies (NASDAQ: LPTH) are higher this morning after the company priced its underwritten public offering of seven million shares of its Class A common stock at a price of $1.21 per share. It also granted to the underwriters a 45-day option to acquire an additional one million shares to cover over-allotments in connection with the offering, of which the opportunity to acquire 300,000 shares has been exercised. The company expects to use the anticipated $8.15 million proceeds of the offering toward its acquisition of ISP Optics Corporation. The offering is expected to close December 21, 2016. To…

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FridayDec 16, 2016 2:09 pm

NetworkNewsBreaks – GainClients (GCLT) Exclusive HomeSearch Platform Delivers Custom Results to Consumers

Potential home owners generally know what they want in a new home and don’t want to waste time looking at houses that don’t meet their needs. With the new HomeSearch platform from GainClients, homebuyers can save time and energy by essentially eliminating homes that don’t fit their search criteria.  “With this growing demand and a consistently smaller inventory, finding the right home will become more difficult than ever. GainClients, Inc. (OTC: GCLT), a leading provider of technology solutions for the real estate industry, aims at helping consumers look for and identify the right home for them via a comprehensive yet…

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ThursdayDec 15, 2016 1:25 pm

NetworkNewsBreaks – Vanda Pharmaceuticals, Inc. (NASDAQ: VNDA) Resolves Patent Litigation Regarding Schizophrenia Treatment

Vanda Pharmaceuticals (NASDAQ: VNDA) recently resolved its patent litigation against Apotex regarding Apotex's Abbreviated New Drug Application seeking approval of its generic version of Vanda's Fanapt® (iloperidone). Under a licensing agreement, Vanda has granted Apotex a non-exclusive license to manufacture and commercialize its version of Fanapt® in the U.S., effective November 2, 2027. Fanapt® in 2009 was approved by the FDA for the treatment of schizophrenia in adults. In 2012, the drug was approved for marketing in Israel and Argentina. To view the full press release, visit: http://nnw.fm/XSt0U About Vanda Pharmaceuticals Inc. Vanda is a specialty pharmaceutical company focused on…

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