NetworkNewsBreaks

MondayJun 26, 2017 11:32 am

NetworkNewsBreaks – Neothetics, Inc. (NASDAQ: NEOT) Shares Sink to New Low on Disappointing Phase 2 Study of LIPO-202

Shares of Neothetics (NASDAQ: NEOT) plummeted more than 69% to a new 52-week low of $0.70 after the specialty pharmaceutical company said its fat reduction candidate, LIPO-202-CL-31, failed to demonstrate improvement on any efficacy measurements or separation from placebo. LIPO-202 continued to show a benign safety profile. “We are determining the path forward for the company,” Kim Kamdar, Ph.D., a member of Neothetics’ operating committee and board of directors, stated in the news release. “Our primary objective is to maximize value for our shareholders, and we will be expeditious and diligent in deciding next steps. We will share our future…

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MondayJun 26, 2017 11:29 am

NetworkNewsBreaks – 22nd Century Group, Inc. (NYSE: XXII) Added to Russell Microcap® Index

22nd Century Group (NYSE MKT: XXII) this morning announced its inclusion to the Russell Microcap® Index. The one-year membership to the index means the plant biotech company is automatically included in the appropriate growth and value style indexes. “We are pleased to be added to the Russell Microcap Index. Our inclusion will generate further interest in the Company’s stock among those investors in the investment community who may be less familiar with 22nd Century Group,” 22nd Century Group president and CEO Henry Sicignano, III, stated in the news release. Shares of 22nd Century Group are down 2.1% at $1.84, trading…

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MondayJun 26, 2017 9:48 am

NetworkNewsBreaks – ABcann Global Corporation (TSXV: ABCN) Extends University of Guelph Research Agreement through 2018

ABcann Global Corporation (TSXV: ABCN) this morning announced that it has amended and extended the research contract currently in place between its Canadian operating subsidiary, ABcann Medicinals Inc., and the University of Guelph in Ontario, Canada. The agreement, which is focused on controlled environment production of medicinal cannabis, now extends to December 31, 2018, and offers an option to extend further if mutually agreed upon. “ABcann has pursued a unique approach to controlled environment production of cannabis designed to standardize the production and quality of medical compounds,” Dr. Michael Dixon, director of the Controlled Environment Systems Research Facility at the…

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FridayJun 23, 2017 1:18 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 23, 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: QUIK 17.85% – News: Selected by two developers for EOS™ S3; enters collaboration agreement AMRS 7.60% – News: Moves on momentum of recent partnership with the Government of Queensland IEGH 7.27% – News: Sells entirety of OneMain investment for $3.4M AKTX 6.50% – News: Presents today at the 22nd Congress of the EHA SUNW 3.95% – News: Installing a 1.06 MW solar project for Demas Farms MGTI 2.97% – News: Enters agreement with Bit5ive…

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FridayJun 23, 2017 1:17 pm

NetworkNewsBreaks – BlastGard International, Inc. (BLGA) At a Glance

BlastGard International Inc. (OTC: BLGA) specializes in manufacturing and distributing protective products for military and law enforcement, operating under two segments: BlastGard Defense Group and Highcom Security. The company’s chief focus is providing blast effects mitigation solutions for customers in the commercial sector, as well as for military, law enforcement and government agencies, with its sights set on becoming a recognized industry leader in providing environmentally responsible solutions for protecting lives and structures from the hazards associated with fire and explosions. “BlastGard is a blast mitigation specialist with proprietary material proven to effectively mitigate blasts and suppress fires resulting from explosions.…

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FridayJun 23, 2017 1:15 pm

NetworkNewsBreaks – BioDelivery Sciences (NASDAQ: BDSI) Receives Health Canada Approval of BELBUCA®; Plans to Launch In Early 2018

BioDelivery Sciences (NASDAQ: BDSI) this morning said that Health Canada has issued a Notice of Compliance (NOC) approving BELBUCA® for the management of opioid responsive pain severe enough to require daily, continuous, long-term treatment for which alternative options are inadequate. Approval is an important milestone for the company as it intends to commercialize BELBUCA in Canada through a partner. The launch of BELBUCA in Canada is expected in early 2018. "We believe BELBUCA offers important and distinctive advantages for those dealing with chronic pain, and we look forward to engaging with a commercial partner in Canada and for availability of…

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FridayJun 23, 2017 1:13 pm

NetworkNewsBreaks – ParkerVision, Inc. (NASDAQ: PRKR) Shares Plunge on Holding Decision in Infringement Case Against Apple (NASDAQ: AAPL)

Shares of ParkerVision (NASDAQ: PRKR) plunged 14% mid-day on news that the Regional Court of Munich is holding its decision in the ParkerVision v. Apple (NASDAQ: AAPL) infringement case until after the German Federal Patent Court rules on the associated pending nullity action. Similarly, the company’s final resolution in its German case against LG is pending the same action. The company expects a preliminary nullity decision before the end of 2017. “We remain optimistic that the Federal Patent Court will come to that conclusion yet this year enabling us to request the Regional Court to issue an enforceable injunction against…

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FridayJun 23, 2017 11:44 am

NetworkNewsBreaks – AVEO Oncology (NASDAQ: AVEO) Shares Skyrocket on CHMP’s Recommendation to Approve Tivozanib

AVEO Oncology (NASDAQ: AVEO) shares soared over 80% this morning on news that FOTIVDA™ has been recommended for approval as a treatment for patients with advanced renal cell carcinoma (RCC) by the Committee for Medicinal Products for Human Use (CHMP), the scientific committee of the European Medicines Agency. The CHMP's recommendation is referred to the European Commission, which is anticipated to make its final decision in approximately 67 days. Approval of FOTIVDA™ would also result in R&D reimbursement and milestone payments for the company. “If the European Commission grants marketing approval for tivozanib, it would trigger a $4 million research…

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ThursdayJun 22, 2017 1:48 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 22, 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: TROV 16.23% – News: Enters agreement with a worldwide biopharmaceutical company to provide Trovera® ctDNA biomarker tests GBSN 10.00% – News: Closes $2.7M Offering of Units PRTO 7.69% – News: Announces $22M Private Placement SUNW 5.67% – News: Installing a 760 kW solar construction project for Empire Farms in 2017 IVFH 5.00% – News: Reaches warrant exchange agreement with its largest institutional investor BGRP 4.62% – News: Holds election of directors at annual stockholders’…

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ThursdayJun 22, 2017 1:48 pm

NetworkNewsBreaks – Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) Ramps Up Exploration Efforts as China Refined Metals Production Continues to Decline

Available zinc concentrate continues to decline in China, driving an increase in zinc imports in the country. Various factors are credited for this, including falling demand for steel galvanization in China and a nationwide crackdown on industrial pollution. The entire world is similarly feeling the zinc shortage in the wake of major mine closures in Australia and Ireland, and Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) has strategically stepped up its own exploration activities to help meet the growing global demand for zinc imports. “In a recent press release (http://nnw.fm/2k1MI), the company reported that China boosted its refined zinc imports…

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