FFHL, PROT, MYRX, CRWE, MOSY Stock Market Report from CRWEFinance.com
Thursday, January 6th, 2011
Proteonomix (PROT.OB) notes the favorable similarity between technology involved in the Cephalon, Inc. (CEPH) transaction with Australian company Mesoblast Limited.
Michael Cohen, the Company’s founder and CEO stated, “We applaud the transaction between Cephalon and Mesoblast and take this opportunity to note that our StromaCel® bone marrow derived stem cell technology attacks similar medical problems with a different approach.”
Mr. Cohen continued, “Our StromaCel® technology is also designed to treat damage to cardiac tissue caused by myocardial infarction (MI) and we are actively seeking funding to open clinics worldwide to treat MI patients. This technology was developed in conjunction with the University of Miami where bone marrow derived stem cells are undergoing Phase I trials. We are seeking joint venture partners to give effect to this strategy.”
Proteonomix is a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives. Proteoderm, Inc. is a wholly owned subsidiary of Proteonomix. StromaCel, Inc.’s goal is the development of therapeutic modalities for the treatment of Cardiovascular Disease (CVD). StromaCel, Inc. is pursuing the licensing of other technologies for therapeutic use. National Stem Cell, Inc. is Proteonomix’s operating subsidiary. The Sperm Bank of New York, Inc. is a fully operational tissue bank. Proteonomix Regenerative Translational Medicine Institute, Inc. (”PRTMI”) intends to focus on the translation of promising research in stem cell biology and cellular therapy to clinical applications of regenerative medicine. Proteonomix intends to create and dedicate a subsidiary to each of its technologies.
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Crown Equity Holdings Inc. (OTCBB:CRWE) announced recently that it is expanding its business by opening another office in Pakistan. This office will be located in the city of Attock, Pakistan. This office will add an additional workforce of 25 associates to its CRWENewswire team, which will increase the company’s up to date news and world affairs from the Mid-East, Far East and Europe online news wires.
The new office in the city of Attock, as well as the office in Islamabad, will be managed by Zeeshan Shabbir.
Crown Equity Holdings is in the process of developing its Arabic language CRWENewswire site for news occurring in Pakistan and elsewhere around the world.
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Fuwei Films (Holdings) Co., Ltd. (Nasdaq:FFHL) recently announced that management has become aware of a sharp increase in the Company’s stock price over the past three months, since the announcement of the settlement of the class action litigation against the Company on September 20.
Fuwei Films (Holdings) Co., Ltd., together with its subsidiaries, engages in the development, manufacture, and distribution of plastic film using the biaxial oriented stretch technique, known as BOPET film (biaxially oriented polyethylene terephthalate).
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Myrexis, Inc. (Nasdaq:MYRX) recently announced it has initiated a controlled two-arm Phase 2b clinical study of Azixa (verubulin) as a front-line treatment for glioblastoma multiforme (GBM). In previous Phase 2 studies, Azixa demonstrated potent, durable antitumor responses without any additive toxicity.
Myriad Pharmaceuticals, Inc., a biopharmaceutical company, engages in discovering, developing, and commercializing novel small molecule drugs for the treatment of diseases with high unmet need, including cancer and HIV infection.
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MoSys, Inc. (NasdaqGM:MOSY) recently announced that Len Perham, President and Chief Executive Officer, and Jim Sullivan, Chief Fincial Officer, will present at the 13th Annual Needham Growth Stock Conference to be held at the New York Palace Hotel in New York, NY. Management is scheduled to present at 10:00 a.m. (Eastern Time) on Wednesday, January 12, 2011, and will available to meet with investors throughout the day. Portfolio managers and analysts who wish to meet with management at the conference should contact their Needham & Company, LLC representative or email conferences@needhamco.com.
MoSys, Inc. designs, develops, markets, and licenses embedded memory intellectual property (IP) used by the semiconductor industry and communications, networking, and storage equipment manufacturers.
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