BioTech & Communications Make Great Partners - DrStockPick.com - GENZ, PWRM, TLAB, JDSU
Tuesday, October 12th, 2010Power3 Medical Products, Inc. (PWRM.OB), a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, disclosed that Power3 delivered four poster presentations at the 2010 International Conference on Alzheimer’s Disease (ICAD) in Honolulu, Hawaii. These presentations discussed NuroPro®, Power3’s diagnostic test, and focused on Power3’s Alzheimer’s disease blood serum biomarkers, test and clinical validation trials.
Power3 has filed several patent applications for its NuroPro® technology that are currently pending. Power3 also has a world-wide exclusive license from the Baylor College of Medicine in Houston, Texas. To date, Power3 has given 9 presentations on NuroPro at international scientific meetings in the United States, Europe and China, and has published 6 articles in peer-reviewed scientific journals on the subject. Power3 intends to publish these latest findings as well.
Power3 Medical Products, Inc. is a leading bio-technology company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases such as Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis (commonly known as ALS or Lou Gehrig’s disease). Power3 applies proprietary methodologies to discover and identify protein biomarkers associated with diseases. Through these processes, Power3 has developed a portfolio of products including BC-SeraPro™, a proteomic blood serum test for the early detection of breast cancer for which Power3 has completed Phase I clinical trials, and NuroPro®, a proteomic blood serum test for the detection of neurodegenerative diseases, including Alzheimer’s, Parkinson’s and ALS diseases, for which Power3 is currently engaged in Phase II clinical trials. These tests are designed to analyze an individual’s proteins to detect the presence of disease, a patient’s disease progression, a patient’s response to a particular drug, and the mechanisms of disease present in the patient for optimal targeted therapy.
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Tellabs Inc. (NasdaqGS:TLAB) will host an investor teleconference to discuss its third quarter 2010 results at 7:30 a.m. Central Daylight Time on Tuesday, Oct. 26. The results news release will be available on www.tellabs.com at 6:00 a.m. Central Daylight Time that day. To access a simultaneous webcast of the teleconference, go to the Tellabs website at www.tellabs.com and click on the webcast icon. From this site, you can download the necessary software and listen to the teleconference. Tellabs encourages you to review the site before the teleconference to ensure your computer is configured properly.
Tellabs innovates to deliver the mobile Internet and help our customers succeed. That’s why 44 of the top 50 global communications service providers choose our mobile, optical, business and services solutions. Tellabs helps them get ahead by adding revenue, reducing expenses and optimizing networks.
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JDS Uniphase Corporation (NASDAQ:JDSU) recently reported that Infonetics Research, a telecom market research firm, identified JDS Uniphase as the leading provider of Reconfigurable Optical Add/Drop Multiplexer (ROADM) products for the first half of calendar year 2010 in its “2010 Biannual ROADM Components” report. Findings indicate that JDS Uniphase captured 38 percent of total ROADM revenue and 39 percent of all ROADM units shipped during this time.
JDS Uniphase enables broadband and optical innovation in the communications, commercial and consumer markets. JDS Uniphase is the leading provider of communications test and measurement solutions and optical products for telecommunications service providers, cable operators, network equipment manufacturers, enterprise customers, and mobile operators.
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Genzyme Corp. (NASDAQ:GENZ) revealed that Genzyme’s board of directors has voted unanimously to reject the unsolicited $69.00 per share tender offer from Sanofi-Aventis, and the board recommends that Genzyme shareholders not tender their shares to Sanofi-Aventis pursuant to the offer. Genzyme’s board and management are initiating a program to communicate with shareholders regarding the intrinsic value of Genzyme.
One of the world’s leading biotechnology companies, Genzyme is dedicated to making a major positive impact on the lives of people with serious diseases. Since 1981, Genzyme has grown from a small start-up to a diversified enterprise with more than 12,000 employees in locations spanning the globe and 2009 revenues of $4.5 billion. In 2010, Genzyme was named to the Fortune 500.
With many established products and services helping patients in 100 countries, Genzyme is a leader in the effort to develop and apply the most advanced technologies in the life sciences. Genzyme’s products and services are focused on rare inherited disorders, kidney disease, orthopaedics, cancer, transplant, and immune disease. Genzyme’s commitment to innovation continues today with a substantial development program focused on these fields, as well as cardiovascular disease, neurodegenerative diseases, and other areas of unmet medical need.
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