NetworkNewsBreaks

TuesdayJun 13, 2017 12:29 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 13, 2017

Here is a list of stocks shaking up the markets today, with particular focus on NASDAQ and OTC small caps. The top gainers based on percentage: CYTR 10.71% – News: Reforms clinical and regulatory executive team CTRV 6.73% – News: Presenting at the 2017 BIO International Convention on June 21 SRNE 6.56% – News: Contributes to the formation of Celularity, Inc. AMMA 6.42% – News: Law firm issues reminder of June 16 lead plaintiff deadline QTRH 5.54% – News: Enters patent license agreement with Amazon.com OVAS 4.69% – News: Completes enrollment in ongoing OvaPrime clinical study MNGA 4.19% – News:…

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TuesdayJun 13, 2017 12:29 pm

NetworkNewsBreaks – NeuroMetrix, Inc. (NASDAQ: NURO) Shares Tick Higher on News of U.S. Patent for Quell Wearable Pain Relief Technology

NeuroMetrix (NASDAQ: NURO) shares are up 4% on news that the U.S. Patent and Trademark Office has issued U.S. Patent No. 9,675,801 covering claims for technology regarding Quell®, the company’s wearable pain relief device. The novel mechanisms that enable Quell® users to safely achieve pain relief therapy over extended periods of time are covered in the newly issued patent. Such claims include the technology to monitor the amount of time that Quell is worn both continually and in total, as well as technology that delivers notifications to the user to maximize safety. "Quell is unique in the fact that the…

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TuesdayJun 13, 2017 10:04 am

NetworkNewsBreaks – Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) Reports Confirmed PATSCAN CMR™ Sales Commitments of $2.7M

Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF), developer of the award-winning PATSCAN CMR™ concealed weapons detection system, this morning announced that it has recorded $2.7 million in confirmed sales commitment since commencing product marketing just three months ago ahead of the ISC West trade show in Las Vegas. “Our roll-out program initially conceived finalizing our engineering in early spring in order to meet Industry Canada and FCC certification requirements by late summer,” Dinesh Kandanchatha, president and CTO of Patriot One, stated in the news release. “We have informed our supply chain partners of the accelerating demand, and I am…

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TuesdayJun 13, 2017 9:32 am

NetworkNewsBreaks – Converde Energy USA, Inc. (XFUL) Enters Securities Purchase Agreement with GPL Ventures LLC; Retains Minivest as Advisor

Converde Energy USA, Inc. (OTC: XFUL) this morning announced its entry into a securities purchase agreement with GPL Ventures LLC (“GPL”) through which GPL will have the option to purchase up to $3 million in XFUL common stock when the company has qualified the necessary number of shares under Regulation A through an offering statement. Per the update, XFUL intends to file the offering statement within the next 30 days. “We are very excited to have this investment agreement in place as a primary funding vehicle for the company,” Brad Domitrovitsch, chairman and CEO of XFUL, stated in the news…

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TuesdayJun 13, 2017 9:00 am

NetworkNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Teams with Pharmaseed to Advance Development of INM-750

Preclinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) this morning announced its entry into an agreement with Pharmaseed Ltd., Israel’s largest GLP-certified pre-clinical contract research organization. Under the terms of this agreement, the Pharmaseed development team will now play a key role in the ongoing development of InMed’s lead compound, INM-750, which is a proprietary, topical cannabinoid product candidate that’s currently being studied as a therapy in epidermolysis bullosa and other potential dermatological and wound-healing applications. “This agreement with Pharmaseed now adds one of Israel's leading formulation development teams to our efforts and represents an important strategic…

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MondayJun 12, 2017 12:20 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 12, 2017

Here is a list of stocks shaking up the markets today, with particular focus on NASDAQ and OTC small caps. The top gainers based on percentage: GTXI 41.42% – News: Releases preliminary results from ongoing phase 2 clinical trial of enobosarm TROV 41.18% – News: Enters into agreement with AstraZeneca to provide Trovera® urine ctDNA test ORGS 14.64% – News: Presenting at the 2017 Marcum MicroCap Conference on June 16 WCST 13.42% – News: Acquires 51% of NextGen Exchange Group MKRS 12.77% – News: Receives second contract from the U.S. Navy for development of a new upgrade to ADSSS® OPXS…

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MondayJun 12, 2017 12:20 pm

NetworkNewsBreaks – SeeThruEquity Updates Coverage on BioSig Technologies, Inc. (BSGM)

SeeThruEquity has issued a company update and price target of $3.53 on shares of BioSig Technologies, Inc. (OTCQB: BSGM). Among other highlights, the SeeThruEquity analyst noted the recent expansion of BioSig’s collaboration agreement with the Mayo Clinic. The expanded technology and clinical development partnership has a 10-year term and includes cash warrants and licensing opportunities as well as joint intellectual property filings. The analyst also noted upcoming catalysts for the company, including BioSig’s plans to submit a 510(k) application for clearance to commercialize the PURE EP™ by the third quarter of 2017, and news that the company aims to up-list…

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MondayJun 12, 2017 9:21 am

NetworkNewsBreaks – Nektar Therapeutics (NASDAQ: NKTR) Receives “Buy” Rating at Aegis Capital

Aegis Capital has issued a ‘Buy’ rating and price target of $27 on Nektar Therapeutics (NASDAQ: NKTR), stating that the company’s NKTR-214 has wide applicability and the ability to be combined effectively with multiple modalities such as checkpoint inhibitors, cell therapies, small molecules, or vaccines. The company has many upcoming catalysts, including an expansion of the Bristol-Myers Squibb Opdivo collaboration expected in the third quarter of 2017 and a collaboration with Roche Holding's Tecentriq trial that is expected to initiate by mid-2017. For more information, visit www.nektar.com About Nektar Nektar Therapeutics is a research-based biopharmaceutical company that discovers and develops…

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MondayJun 12, 2017 9:19 am

NetworkNewsBreaks – Aegis Capital Reiterates “Buy” Rating on Ocera Therapeutics, Inc. (NASDAQ: OCRX)

Following Ocera Therapeutics, Inc.’s (NASDAQ: OCRX) Key Opinion Leader (KOL) conference call on hepatic encephalopathy and other complications of liver disease, Aegis Capital reiterated its ‘Buy’ rating and price target of $3 on shares of the company’s stock. The analyst noted the importance of OCR-002’s potential to reduce hospital stays by 1.5 days and believes that, combined with the IV formulation, the prospective savings for the hospitals could encourage them to adopt OCR-002 when available. Additionally, the company also recently initiated the dosing phase of its phase 1/2a trial of oral OCR-002 in cirrhosis. The end of phase 2 meeting…

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MondayJun 12, 2017 9:17 am

NetworkNewsBreaks – Aegis Capital Reiterates “Buy” Rating on Akebia Therapeutics, Inc. (NASDAQ: AKBA)

Aegis Capital has reiterated a ‘Buy’ rating and issued a price target of $25 on shares of Akebia Therapeutics, Inc. (NASDAQ: AKBA) stock. The news follows the company’s recent report of two patent wins in the EU. The Opposition Division (OD) of the European Patent Office has revoked another FibroGen, Inc. hypoxia-inducible factor (HIF) related patent in Europe. Additionally, Akebia’s challenge to a second HIF-related patent resulted in FibroGen considerably narrowing the claims to only cover an indication for vadadustat that Akebia does not intend to develop. The analyst noted its belief that the company now holds a strong IP position…

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