PWRM BOCX GPRO Medical Stock To Watch Courtesy Of DrStockPick.com.
Wednesday, August 11th, 2010
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Power3 Medical Products, Inc. (OTCBB: PWRM), in collaboration with Lourdes R. Bosquez, MD, has unexpectedly discovered new and unprecedented findings regarding clinically important differences in the response of the NuroPro protein biomarkers in the blood of untreated Alzheimer’s disease patients compared to patients treated with the widely used anti-dementia drugs Aricept, Exelon, and Namenda. These results relate to the genetically distinct groups of Alzheimer’s disease patients, i.e., those individuals who possess the Alzheimer’s high-risk gene for Apolipoprotein E4 and those who do not possess the gene.
NuroPro was originally indicated for diagnostics to determine whether or not a patient had Alzheimer’s disease. With these results, NuroPro now extends into the pharmaceutical arena due to its ability to predict and monitor the response to drug treatment, including the underlying disease process and the insidious progression of irreversible neurological damage, even in the face of temporary improvements in cognition and other symptoms.
Power3 has filed for patent protection for these findings and will be publishing these seminal results in the near future in one of the world’s most prestigious peer-reviewed scientific journals. Power3 also plans to demonstrate the clinical application and benefits of its NuroPro® diagnostic tests to healthcare providers located throughout the world. Power3 believes that this will assist the company greatly in an effort to generate sales of its NuroPro diagnostic tests. Power3 is currently working on a joint distribution effort with a number of potential business partners, such as the companies mentioned above, for the sale of its NuroPro diagnostic tests and the development of new drugs.
Ira L. Goldknopf, Ph.D., President and Chief Scientific Officer of Power3, stated, “This innovation will provide physicians with an invaluable perspective to use in the treatment of their patients and will have profound implications for the diagnosis and treatment of Alzheimer’s disease, and for other diseases as well.”
BioCurex Inc. (OTCBB:BOCX) reported that the International Society of Oncology and Biomarkers Congress Scientific Committee has accepted BioCurex’s presentation on the RECAF blood test potential to monitor cancer recurrence and treatment. The meeting will be held Sept. 3-8, 2010 in Munich, Germany and is broadly attended by scientists, physicians and biotechnology companies involved in cancer diagnostics.
In addition, Dr. Ricardo Moro, the Chief Executive Officer of BioCurex, has been invited to co-chair a panel discussion on biomarker statistics and make a presentation on the statistical challenges in developing new cancer markers.
“We have previously shown that the RECAF cancer test can be used in a variety of ways including screening and diagnostics,” stated Dr. Moro. “In this presentation, our results indicate that the RECAF test could also be used for predicting outcome or monitoring treatment for cancer recurrence. We show that this test has a high sensitivity and specificity in early stages of at least two of the most common types of cancers, prostate and breast, as well as the less frequent ovarian cancer. This strongly suggests that a RECAF positive test might precede the clinical expression of a recurrence and therefore allow the oncologist to detect recurrence and treat patients earlier.”
BioCurex, Inc. is a biotechnology company that is developing products based on patented and proprietary technology in the area of cancer diagnostics. The technology identifies a universal cancer marker known as RECAF.
Gen-Probe Incorporated (NASDAQ: GPRO) is a global leader in the development, manufacture and marketing of rapid, accurate and cost-effective nucleic acid tests (NATs) used primarily to diagnose human diseases and screen donated human blood. NATs harness the power of biotechnology to detect diseases more rapidly and/or accurately than older testing methods, and have therefore become one of the fastest-growing segments of the in vitro diagnostics industry.
Gen-Probe markets a broad portfolio of products that use the Company’s patented technologies to detect infectious microorganisms, including those causing sexually transmitted diseases (STDs), tuberculosis, strep throat, pneumonia and fungal infections. Gen-Probe’s key clinical diagnostics products include the APTIMA COMBO 2® and PACE® assays, which are used to detect the common STDs Chlamydia and gonorrhea.
In blood screening, Gen-Probe developed and manufactures the PROCLEIX® assay, which is used to detect HIV-1 and the hepatitis C virus (HCV) in donated human blood; the PROCLEIX ULTRIO® assay, which detects the hepatitis B virus in addition to HIV-1 and HCV; and the PROCLEIX WNV (West Nile virus) assay. Gen-Probe’s blood screening products are marketed worldwide by Chiron, a business unit of Novartis Vaccines and Diagnostics, Inc.
Gen-Probe also has a robust development pipeline. For example, the Company is developing NATs to detect prostate cancer, drug-resistant hospital infections, and human papillomavirus, which causes cervical cancer. In addition, Gen-Probe is working with General Electric and Millipore to develop NATs that detect microorganisms that commonly contaminate industrial processes.
Several of Gen-Probe’s current and future molecular diagnostic tests can be performed on the Company’s TIGRIS® instrument, the only fully automated, high-throughput NAT system for diagnostics and blood screening.
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