industry / Top Stories
GlycoMimetics lands $38M in venture fundingGlycoMimetics Inc. has roped in $38 million in its third round of venture funding, a staggering amount for a small biotech in what's been one of the industry's most devastating funding droughts nationally.
Biz Journal Wednesday, October 21, 2009Access National posts income of $2.2MAccess National Corp., owner of Access National Bank, earned $2.2 million in the third quarter, up 180 percent from $769,000 a year ago, the Reston company said Tuesday. (ANCX)
Biz Journal Wednesday, October 21, 2009Clenergen Corp. (CRGE.OB) Reaches Agreement to Terms to Acquire 1.5MW Biomass Power Plant in Tamil Nadu, IndiaToday it was announced that Clenergen Corporation India Private Limited, a wholly owned subsidiary of Clenergen Corporation, has agreed on the terms to acquire a 1.5MW/Hr biomass power plant in Namakkal, Tamilnadu, which will be operational by yearend 2009. Recognized as one of India’s National Demonstration Projects, the plant was shut down in 2007 due to [...]
IB Times Wednesday, October 21, 2009Muscle Flex, Inc. (MFLI.PK) Announces Completion of The BUDDY Tablet Caddy and The Beagle StepFit Infomercials; Prepares for the November Product LaunchMuscle Flex Inc. announced this morning that it has completed filming of the BUDDY Table Caddy(TM) (www.BuddyTabletCaddy.com) and The Beagle StepFit(TM) (www.BeagleStepFit.com) Pedometer infomercials. Filmed and produced by Showreel International Inc., the filming for the Muscle Flex Beagle was completed on Monday October 19. According to the press release, the results far exceeded the expectations [...]
IB Times Wednesday, October 21, 2009Simulated Environment Concepts Inc. (SMEV.PK) â?? Personal Care, Personal PamperingThereâ??s a fine line between personal care (your health and well being) and what could be considered personal pampering. That $100 luxury massage could be viewed as a much needed muscle relaxing exercise to help your back. And, if looks are important to your career, you might be able to write off that anti-aging skin [...]
IB Times Wednesday, October 21, 2009Micro Imaging Technology, Inc.â??s (MMTC.OB) Malaysian Distributor Purchases MIT 1000 SystemMicro Imaging
technology, Inc. announced today that Biotek Sdn Bhd has purchased its first MIT 1000 System. Biotek Sdn Bhd was recently signed as the companyâ??s distributor for Malaysia and other Association of Southeast Asian Nations (ASEAN) which includes Indonesia, Singapore, The Philippines, Thailand and Cambodia, in addition to others. Recognized as a premier distributor [...]
IB Times Wednesday, October 21, 2009Mountain West Business Solutions, Inc. (MWBN.OB) Announces Acquisition of Sunshine BiopharmaMountain West Business Solutions, Inc. recently announced that the company has acquired Sunshine Biopharma, Inc. Based in Colorado, Sunshine Biopharma is a leading pharmaceutical company focused on the research, development and commercialization of drugs for the treatment of various forms of cancer. Mountain West Business Solutions intends to change its name to Sunshine Biopharma, Inc. [...]
IB Times Wednesday, October 21, 2009Northwest Biotherapeutics Inc. (NWBO.OB) Helps Cancer Patients with DCVaxA-BrainCancer is a deadly killer that has been affecting families globally for far too long. Despite billions of dollars placed into research, there has not been a great amount of success in helping victimâ??s survive the tragic battle. One company in Maryland has developed a vaccine to stimulate a patientâ??s own immune system [...]
IB Times Wednesday, October 21, 2009Cereplast, Inc. (CERP.OB) to Transform Algae into Bioplastics with Breakthrough TechnologyIn 1996, Frederic Scheer had a vision when he began to
market the concept of compostable plastics. This vision led Cereplast from a pioneer to a leader in the bioplastics industry. Yesterday, the vision of Mr. Scheer and the team at Cereplast provided a breakthrough announcement that will change the face of their [...]
IB Times Wednesday, October 21, 2009StatoilHydro Sets Sights on First Oil at Peregrino in 2011StatoilHydro plans to start drilling at its heavy oil field Peregrino offshore Brazil in the first half 2010 and expects first oil early in 2011.
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