NetworkNewsBreaks

MondayDec 05, 2016 3:58 pm

NetworkNewsBreaks – Ocean Power Technologies (OPTT) Signs Joint Marketing Agreement with Sonalysts

In a news release issued earlier today, Ocean Power Technologies, Inc. (NASDAQ: OPTT) and Sonalysts, Inc. announced their entry into a joint marketing agreement in defense and oil and gas applications where persistent power, real-time data collection, processing, and transmission are critical. OPTT’s PB3 PowerBuoy® is a power and communication platform for remote offshore applications that enables the use of advanced multi-functional sensors and autonomous underwater vehicles. Sonalysts maintains core technology in undersea wireless communications and in autonomous undersea systems analysis, which are available to a variety of commercial and defense customers such as the U.S. Navy Submarine Force. “We…

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MondayDec 05, 2016 3:54 pm

NetworkNewsBreaks – Cerecor (CERC) Phase 2 Study Top-Line Results of CERC-501 Display Favorable Side-Effect Profile

Cerecor Inc. (NASDAQ: CERC) announced top-line clinical results from its nicotine withdrawal phase 2 clinical trial of CERC-501 today. Although the trial did not meet its primary objective in nicotine withdrawal, the oral, potent, and selective kappa opioid receptor ("KOR") antagonist was well tolerated with no serious adverse events reported and no discontinuations due to adverse events. Based on this favorable side-effect profile, the company intends to move forward with its previously planned development of CERC-501 in its primary indication, as an adjunctive treatment of Major Depressive Disorder (MDD). "There is preclinical and recent clinical evidence that strongly support the potential…

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FridayDec 02, 2016 2:49 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on December 2, 2016

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: SGGV 20% – News: Mojo Games division partners with VLeague to provide online gaming ADMD 16.84% – News: Awarded default judgment of $527,875.74 EWLL 14.89% – News: Signs initial third-party PT clinic for PHZIO platform CYTR 8.26% – News: Appoints new member to board of directors DIGP 7.55% – News:  Provides overview of vision to standardize classification of cannabis strains CETX 6.72% – News: Presenting at LD Micro Main Event on Wednesday, December 7…

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FridayDec 02, 2016 1:53 pm

NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Trades Higher on Acquisition of International Paper Contracts

Sugarmade (OTC: SGMD) shares are up 34% after announcing its acquisition of international paper contracts from the Vietnamese company Bao Coc International Paper and Plastics Ltd. Per the agreement, Sugarmade will assume contracts for international paper products bound for delivery into the U.S. in exchange for five million restricted shares, issued to Bao Coc. Sugarmade said it anticipates this acquisition to boost its annual revenue production by approximately $500,000 to $600,000. Sugarmade expects the asset acquisition to close this month. "These contracts are important not only relating to the revenue boost we will receive, but also relating to cost reductions…

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FridayDec 02, 2016 1:51 pm

NetworkNewsBreaks – Skyline Medical (SKLN) Names Dr. Carl Schwartz Chief Executive Officer, Expands Board of Directors

Skyline Medical (NASDAQ: SKLN) this morning named Dr. Carl Schwartz as the company’s newly appointed chief executive officer. Dr. Schwartz is a longtime stockholder of Skyline, for which he has served as a director, interim CEO and executive chairman. He holds BA and DDS degrees from the University of Detroit. The company also announced that Richard Gabriel has been appointed to its board of directors, bringing the number of directors to six. Both appointments are effective immediately. To view the full press release, visit: http://nnw.fm/jwBp1 About Skyline Medical Skyline Medical produces a fully automated, patented, FDA-cleared waste fluid disposal system…

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FridayDec 02, 2016 1:50 pm

NetworkNewsBreaks – Boston Scientific (BSX) Acquires Certain Neovasc (NVCN) Assets for $75M, Commits to Equity Interest

Earlier this morning, Neovasc (NASDAQ: NVCN) announced an agreement with long-term customer Boston Scientific (NYSE: BSX), pushing shares of Neovasc nearly 50% higher. Per the agreement, Boston Scientific will acquire Neovasc's tissue processing technology and facility for approximately $67.9 million in a deal expected to close by year-end 2016. Neovasc has been granted a license to the purchased assets and access to the sold facilities, which will allow the company to continue its tissue and valve assembly for its remaining customers, as well as its own tissue-related programs. Boston Scientific has also committed to purchasing 11,817,000 common shares at a…

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ThursdayDec 01, 2016 3:53 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on December 1, 2016

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: MEMP 39.86% – News: Inks Forbearance Agreement with noteholders; credit facility extends waiver WDDD 15.06% – News: 6 patent claims validated by USPTO for multi-player online gaming technology SBOT 11.61% – News: President and CEO will present at LD Micro Main Event December 7 SKLN 8.30% – News: VP of sales recently interviewed on WPSL’s MONEYINFO AKER 7.89% – News:  Signs agreement with First Check Diagnostics, to be exclusive distributor of rapid cholesterol self-test…

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ThursdayDec 01, 2016 3:31 pm

NetworkNewsBreaks – Mymetics (MYMX) Shares Skyrocket on Agreement with Sanofi for Flu Vaccines Research Project

Shares of Mymetics (OTCQB: MYMX) are up more than 400% after the company announced an agreement between its Mymetics B.V. subsidiary and Sanofi Pasteur, the vaccine division of Sanofi (NYSE: SNY). The two companies will start a research project to investigate the immunogenicity of influenza vaccines based on Mymetics' proprietary virosome technology platform in pre-clinical settings. Mymetics said the successful completion of this project could result in an additional, more extensive collaboration with Sanofi in the future. To view the full press release, visit: http://nnw.fm/Guk0W About Mymetics Mymetics Corp. (OTCQB: MYMX) is a Swiss-based biotechnology company, with a Research Lab…

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ThursdayDec 01, 2016 3:25 pm

NetworkNewsBreaks – Biostage (BSTG) Shares Soar after FDA Grants Cellspan™ Esophageal Implant Orphan Drug Designation

Biostage, Inc. (NASDAQ: BSTG) is trading 30% higher following news that the company’s Cellspan™ Esophageal Implant was granted Orphan Drug Designation to restore the structure and function of the esophagus subsequent to esophageal damage due to cancer, injury or congenital abnormalities. This designation provides for a seven-year marketing exclusivity period against competition upon marketing approval, as well as certain incentives, including tax credits and a waiver of PDUFA filing fees. Biostage said it expects to file its IND in the third quarter of 2017 followed by its phase 1 first-in-human clinical study in the fourth quarter of 2017. "We believe…

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ThursdayDec 01, 2016 11:56 am

NetworkNewsBreaks – GainClients, Inc. (GCLT) Well-paced in Rapidly Changing Real Estate Industry

The GCard integrated networking system by GainClients provides stress-free communication between real estate professionals and their clients, tapping into consumer demand for convenience and efficiency. “As the entire real estate industry is changing fast, with the advent of technology and enhanced interconnectivity set to significantly alter the sector’s business customs, GainClients, Inc. (OTC: GCLT) is staying ahead of the curve with its GCard networking system (http://nnw.fm/R5Pkp), which is designed to help real estate professionals better connect and communicate with their customers. With a growing number of real estate customers opting for online and mobile real estate solutions, GCard is a…

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