(PWRM.OB, KEI, KELYA, KELYB, KEM) DrStockPick.com Stocks in Action!
Monday, October 11th, 2010Power 3 Medical Products Inc., (OTCBB:PWRM) is a leader in bio-medical research and the commercialization of neurodegenerative disease and cancer biomarkers, pathways, and mechanisms of diseases through the development of diagnostic tests and drug targets.
PWRM’s patent-pending technologies are being used to develop screening and diagnostic tests for the early detection and prognosis of disease, identify protein biomarkers, drug targets, and its diagnostic tests are targeted toward markets with critical unmet needs in areas including neurodegenerative disease (NuroPro) and breast cancer (BC-SeraPro).
PWRM expects to complete phase II clinical validation trials of its blood serum diagnostics for Alzheimer’s disease (NuroPro-AD), Parkinson’s disease (NuroPro-PD) and breast cancer in 2010, followed by filings with the FDA.
** PWRM has signed a definitive agreement to acquire all of the stock of Rozetta-Cell Life Sciences, Inc., a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy.
PWRM plans to effectuate the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into PWRM, with PWRM remaining as the surviving company in the merger.
Rozetta-Cell is a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy. The company has a robust intellectual property portfolio and has created numerous products for adult stem cell therapy that are ready for market globally. Rozetta-Cell also has several collaborations in process through which it is partnering with industry-leading adult stem cell research companies and adult stem cell vendors.
The acquisition of Rozetta-Cell is expected to be completed in October or November 2010.
More about PWRM at www.power3medical.com
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Keithley Instruments, Inc. (NYSE:KEI), a world leader in advanced electrical test instruments and systems, extends its congratulations to Drs. Andre Geim and Konstantin Novoselov, scientists at the University of Manchester in England who were just awarded the 2010 Nobel Prize in Physics for their research on graphene, a single-atom-thick form of carbon with outstanding physical, electrical, and chemical properties.
In their research, Geim and Novoselov employed several Keithley Instruments products, including the Model 2400 SourceMeter® instrument and the Model 2182A Nanovoltmeter.
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Kelly Services, Inc. (NASDAQ:KELYA) (NASDAQ:KELYB), a leader in providing workforce solutions, was named to Inavero’s 2010 Best of Staffing™ Candidate list today. Best of Staffing, presented in partnership with CareerBuilder, is the nation’s only candidate satisfaction award that recognizes top staffing and recruiting firms that provide exceptional service to their employees (i.e., contract, contingent, temporary).
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KEMET Corporation (Amex: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, is nominated for the European electronics industry’s prestigious Elektra 2010 Product of the Year Award.
KEMET’s base metal electrode class-I high temperature capacitor is a finalist in the Passive and Electromechanical Product of the Year category.
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