Breaks Categories: Stock Spotlights

TuesdayMar 21, 2017 1:10 pm

NetworkNewsBreaks – Cellectar Biosciences, Inc. (NASDAQ: CLRB) Obtains Patent for Use of CLR 124 in PET Imaging

Cellectar Biosciences (NASDAQ: CLRB) this morning said the United States Patent and Trademark Office has granted a method of use patent for CLR 124, the cancer imaging agent that utilizes the company’s proprietary phospholipid drug conjugate (PDC) delivery platform. The newly issued patent, titled “Phospholipid Ether Analogs as Agents for Detecting and Locating Cancer and Methods Thereof,” provides intellectual property protection through March 2, 2025. The patent outlines the use of CLR 124 in PET imaging to detect radiation-insensitive or chemotherapy-insensitive cancers and cancer metastases. Additionally, the patent provides coverage for the use of CLR 124 in identifying the location…

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TuesdayMar 21, 2017 11:37 am

NetworkNewsBreaks – CytoDyn Inc.’s (CYDY) PRO 140 Demonstrates Considerable Potential as HIV Treatment

Though considerable advances have been made in the prevention and treatment of HIV/AIDS, more than 1.2 million people in the U.S. are still affected by the disease. CytoDyn Inc.’s (OTCQB: CYDY) PRO 140 candidate is considered one of the most advanced experimental monoclonal antibodies for HIV treatment, and it has been used in more than 140 HIV-positive patients in placebo-controlled and open label FDA-approved clinical trials. “The drug has been the subject of seven clinical trials, each demonstrating efficacy by significantly reducing or controlling HIV viral load in human test patients and has been designated a ‘fast track’ product candidate…

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MondayMar 20, 2017 11:50 am

NetworkNewsBreaks – Cerulean Pharma (NASDAQ: CERU) Shares Dive on Stock Purchase Agreement with Daré Bioscience

Shares of Cerulean Pharma (NASDAQ: CERU) dropped 60% this morning after the company said it entered a definitive stock purchase agreement with Daré Bioscience, Inc. under which the equityholders of Daré will become the majority owners of Cerulean. The transaction will result in a public, Nasdaq-listed company focused on the development and commercialization of products for women’s reproductive health. Daré’s product candidate, Ovaprene®, is a clinical stage, non-hormonal contraceptive ring for monthly use that potentially addresses a significant unmet need in the $16 billion global contraception market. The combined company will operate under the name Daré; its CEO will be…

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FridayMar 17, 2017 12:31 pm

NetworkNewsBreaks – Acura Pharmaceuticals (ACUR) Inks License Agreement with MainPointe Pharmaceuticals for Nexafed® Products

Acura Pharmaceuticals (OTCQB: ACUR) shares are up 5% on news that the company has entered into a License Agreement with MainPointe Pharmaceuticals, LLC in which MainPointe will exclusively market NEXAFED and NEXAFED Sinus in the U.S. and Canada. The NEXAFED brand products, which contain pseudoephedrine, utilize Acura’s IMPEDE® Technology, which disrupts the extraction and conversion of pseudoephedrine into the illicit drug methamphetamine. MainPointe will assume all manufacturing and commercialization activities from Acura. Per the agreement, MainPointe is required to make an upfront cash payment of $2.5 million to Acura, as well as royalty payments of 7.5% based on commercial sales by…

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FridayMar 17, 2017 11:31 am

NetworkNewsBreaks – Singlepoint, Inc. (SING) CEO Discusses Convectium Acquisition in Interview on MoneyTV

Full-service mobile technology and marketing provider Singlepoint, Inc. (OTC: SING) is a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program about “money and what makes it happen.” To view the show, visit www.MoneyTV.net. In this week’s episode, Singlepoint CEO Greg Lambrecht discusses the company’s recently completed acquisition of a stake in Convectium, the creator of the 710Shark and 710Seal system for filling and packaging vape cartridges and disposable vape pens. “The [Convectium] business is doing extremely well, they’ve been in a couple of tradeshows and are selling a lot of…

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ThursdayMar 16, 2017 12:32 pm

NetworkNewsBreaks – Heat Biologics (NASDAQ: HTBX) Receives Grant to Develop Zika Vaccine

Heat Biologics, Inc. (NASDAQ: HTBX) this morning said Natasa Strbo, M.D., D.Sc., research assistant professor of Microbiology and Immunology at the University of Miami Miller School of Medicine, has received a three-year $981,901 grant from the Florida Department of Health 2016-17 Zika Research Grant Initiative to further develop and test the gp96-based Zika vaccine. The vaccine is being developed under a collaboration between the University of Miami and Heat’s wholly owned subsidiary, Zolovax, Inc., which has licensed the patent. The grant is expected to cover the preclinical development of the Zika vaccine, and allow Dr. Strbo to expand her laboratory…

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ThursdayMar 16, 2017 10:25 am

NetworkNewsBreaks – BlackStar Enterprise Group, Inc. (BEGI) CFO Featured in Exclusive Audio Interview with NetworkNewsWire

Merchant banking and finance company BlackStar Enterprise Group, Inc. (OTC: BEGI) was recently featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. The full interview can be heard at http://nnw.fm/begi-interview-march-2017. In the interview, CFO Joseph E. Kurczodyna introduces prospective investors to BlackStar’s operations by describing some of the fundraising challenges that face many private companies. “Right now you've got CEOs raising money, you've got companies that are crowdfunding, and there's a big gap,” he stated.…

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WednesdayMar 15, 2017 4:24 pm

NetworkNewsBreaks – Health Care IT & Big Data Analytics Expanding with the Rise of Value-Based Care Model

At more than $3 trillion per year, U.S. health care spending is a hefty financial burden, demonstrating the need for a more cost- and resource-effective solution. Designed to replace the traditional fee-for-service approach that compensates care providers for the number of services they deliver, the value-based model is emerging as a preferred model that pays providers according to the results of their care. As the health care system shifts toward this approach, there is a growing need for efficient technology platforms and big data analytics that can help curtail rising medical costs and make the overall system more efficient. Leading…

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WednesdayMar 15, 2017 4:23 pm

NetworkNewsBreaks – Biotech Innovations Drive Cannabinoid-Based Pharmaceutical Market Growth

As the medical marijuana market continues to grow, so does the number of biotech companies expanding their research into the development of innovative cannabinoid-based pharmaceuticals and delivery systems. It is estimated that the U.S. consumer market for cannabinoid pharmaceuticals will increase exponentially in upcoming years, exceeding $50 billion by 2029, according to Statista. This doesn’t appear to be a lofty forecast, given the prominence this market segment has gained by the sustained efforts and innovations of leading biotech companies such as InMed Pharmaceuticals, Inc. (IMLFF) (InMed Profile), GW Pharmaceuticals plc (GWPH), Zynerba Pharmaceuticals, Inc. (ZYNE), AXIM® Biotechnologies, Inc. (AXIM) and…

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WednesdayMar 15, 2017 4:21 pm

NetworkNewsBreaks – “No-Touch” Approach Reduces Risk as Public Companies Tap Explosive Growth of Cannabis Industry

The marijuana industry is the new investing frontier. As a result of last November’s elections, eight states and the District of Columbia now allow the recreational use of marijuana, while another 28 states permit its use for medicinal purposes. In what has been touted as the fastest-growing industry in the U.S., investment opportunities in the cannabis space appear boundless. Companies like Singlepoint, Inc. (SING) (SING Profile), American Cannabis Company Inc. (AMMJ), General Cannabis Corp. (CANN), The Scotts Miracle-Gro Company (SMG) and Terra Tech Corp. (TRTC) are all employing a “no-touch” approach to their cannabis business models. By creating business models…

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