NetworkNewsBreaks Archive - Page 2059 of 2178

ThursdayJul 27, 2017 12:22 pm

NetworkNewsBreaks – Capricor Therapeutics, Inc. (NASDAQ: CAPR) Shares Surge on Details of Recent Meeting with FDA Regarding Intravenous CAP-1002

Capricor Therapeutics (NASDAQ: CAPR) shares are up 30% after the company said the U.S. FDA has indicated it is willing to accept the company’s proposal to use the Performance of the Upper Limb as the basis for the primary efficacy endpoint for clinical studies of CAP-1002 for the treatment of muscular dystrophy. Official minutes from the company's recent meeting with the regulatory agency also show support for submission of an Investigational New Drug (IND) application to clinically evaluate repeat intravenous administration of CAP-1002. "The FDA's response to our proposed clinical development plan supports our near-term objective of submitting an IND…

ThursdayJul 27, 2017 9:23 am

NetworkNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Research Published in the European Journal of Pain

Preclinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) this morning announced the publication of company-sponsored research in the European Journal of Pain. The article, titled ‘Delta-9-tetrahydrocannabinol decreases masticatory muscle sensitization in female rats through peripheral cannabinoid receptor activation’, highlights results from a study co-sponsored by InMed and the MITACS Elevate Postdoctoral Fellowship Program. “Developing a topically-applied product that can provide localized relief of chronic and/or acute severe pain, without central side effects, remains one of the 'holy grails' in the field of analgesia,” Dr. Sazzad Hossain, chief scientific officer of InMed, stated in the news release. “This…

WednesdayJul 26, 2017 2:46 pm

NetworkNewsBreaks – InfoSonics Corp. (NASDAQ: IFON) Enters Definitive Merger Agreement to Acquire Cooltech Holding Corp.; Shares Higher

InfoSonics (NASDAQ: IFON) is trading 39% higher following early news of the company’s definitive merger agreement to acquire Cooltech Holding Corp. Cooltech is an Apple licensed partner and reseller that operates as a vertically integrated company combining a distribution business with a growing retail footprint under its OneClick branded stores. Cooltech will become a wholly owned subsidiary of InfoSonics in exchange for 62.5 million shares of InfoSonics common stock upon closing of the merger transaction. The company expects to close the transaction in the fourth quarter of 2017, subject to approval by InfoSonics’ shareholders. "We believe this merger represents an…

WednesdayJul 26, 2017 2:44 pm

NetworkNewsBreaks – SeeThruEquity Initiates Coverage on Alternate Health Corp. (AHGIF)

SeeThruEquity has initiated coverage with a price target of $4.65 on shares of Alternate Health Corp. (OTCQB: AHGIF) stock. Among other highlights, the analyst noted that the company’s San Antonio-based laboratory subsidiary provides an established revenue stream, which stands out compared to many public companies in the cannabis space. The laboratory was responsible for approximately $3.7 million in first quarter 2017. This profitable business is also viewed as a strategic asset in establishing relationships with health care providers. Additionally, the analyst noted the company’s technology solutions: VIP Patient™ Health Record Management System, a cloud-based electronic medical records system, and CanaCard…

WednesdayJul 26, 2017 1:05 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on July 26, 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: APRI 9.82% – News: Posting Q2 2017 results, hosting conference call on August 2 SNES 7.48% – News: Inks two year agreement for ContraPest with Wildhorse Ranch Rescue OPHT 6.82% – News: Posts Q2 2017 financial results and business update FMCC 5.14% – News: Prices $288M multifamily K-Deal, K-J15 IPWR 4.66% – News: Partners with W Energies Solar One to develop commercial solar-plus-storage energy system in Texas CASM 4.35% – News: Sells non-invasive blood…

WednesdayJul 26, 2017 1:01 pm

NetworkNewsBreaks – Argos Therapeutics, Inc. (NASDAQ: ARGS) Shares Soar on Immunogenicity Data from AGS-004 in HIV Program

Argos Therapeutics (NASDAQ: ARGS) shares jumped more than 17% this morning on the company’s report of immunogenicity data from a study of AGS-004 dendritic cell therapy in patients treated during acute HIV infection. AGS-004 is an autologous cell therapy manufactured using the Arcelis® precision immunotherapy technology platform. During the open label study conducted at the University of North Carolina and Duke University, AGS-004 was produced on an individual basis for each patient. The study achieved its primary endpoint, with all six patients demonstrating a positive immune response. These data were recently published in the Journal of AIDS Research and Human…

WednesdayJul 26, 2017 9:55 am

NetworkNewsBreaks – Net Element’s (NASDAQ: NETE) PayOnline Announces Support for iDEAL

Global financial technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE), through its PayOnline subsidiary, this morning announced that it has added support for iDEAL (https://www.ideal.nl/en/), a popular e-commerce payment system and market share leader in the Netherlands. Per a report by Thuiswinkel.org and the Ecommerce Foundation, the iDEAL payment system is currently the most widely used method of online payments in the Netherlands, accounting for roughly 54 percent of all Dutch online payments across over 220 million transactions as of 2015. This market presence is particularly noteworthy as online spending in the Netherlands continues to grow. In 2016,…

WednesdayJul 26, 2017 9:23 am

NetworkNewsBreaks – ABcann Global Corporation (TSX.V: ABCN) (OTCQB: ABCCF) Issues Update on Construction and Expansion Activities

ABcann Global Corporation (TSX.V: ABCN) (OTCQB: ABCCF) this morning provided an update on its construction and expansion timelines for its Vanluven and Kimmett facilities, both of which are located in Napanee, Ontario. Per the update, ABcann’s plans to commence construction at its Kimmett facility in the third quarter of 2017 remain on schedule, and the previously announced plans for a 71,000 square foot Phase 1 project have been expanded to 100,000 square feet. Additionally, the company has initiated immediate expansion and construction efforts at its current production facility at Vanluven with the goal of doubling production capacity in order to…

TuesdayJul 25, 2017 2:23 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on July 25, 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: EESE 40.00% – News: Posts operational update on services in Mexico HLTK 28.00% – News: Sunshine Specialties signs brokerage deal to represent Humbly Hemp HPPI 18.18% – News: Receives FDA guidance regarding phase 2(b) trial of SUBA-Cap GEVO 17.14% – News: Joint development with Praj Industries Ltd. enters commercialization phase PUBC 13.33% – News: Receives Notice of Certification for Purebase Soil Advantage in CA CGEN 13.24% – News: Receives U.S. patent for COM701 MBRX…

TuesdayJul 25, 2017 2:22 pm

NetworkNewsBreaks – Neuralstem, Inc. (NASDAQ: CUR) Shares Plunge on Top-line Phase 2 Data of NSI-189 for MDD

Shares of Neuralstem (NASDAQ: CUR) plummeted 57% following the company’s release of top-line data from its exploratory phase 2 clinical trial on the efficacy of NSI-189 for Major Depressive Disorder (MDD). The trial did not meet its primary efficacy endpoint of a statistically significant reduction in depression symptoms on the Montgomery-Asberg Depression Rating Scale (MADRS). The trial evaluated NSI-189 at 40 mg once daily and 40 mg twice daily compared to placebo. The 40 mg once daily dose was directionally positive on the MADRS. One of the trial's two secondary endpoints, the patient-rated Symptoms of Depression Questionnaire (SDQ), achieved statistical…

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