POWER 3 MEDICAL PRODUCTS (OTC BB: PWRM.OB)
PWRM pursues an aggressive intellectual property strategy to protect its inventions and discoveries made on its own and with its collaborators. Power3 Medical works with key physician scientists at major medical research and treatment centers. With access to decisive human clinical samples and superior trade secret proteomic methodologies, the Company provides solutions to pressing challenges in diagnosis and treatment of patients and has concluded research agreements, technology license agreements, and filed provisional and utility patents. Power3 is also adding additional layers of research and license agreements, patent filings, and trade secrets, as its technology and product portfolio develops.
Power3 Medical Products, Inc., a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, announced today that it 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.
"In preparation for commercialization, our objective at this meeting was to show how Power3's protein biomarkers and blood tests provide superior solutions for diagnosis and drug response to improve the treatment of Alzheimer's disease," said Dr. Ira L. Goldknopf, Power3's President and Chief Scientific Officer. "It was gratifying to receive substantial attention to our posters from representatives of major pharma and clinical research institutions from around the world. They expressed surprise and enthusiasm for our findings, especially those relating to the methods by which Power3's protein biomarkers indicate how patients respond to treatment with the three major anti-dementia drugs."
"We are pleased that our blood tests specifically diagnose Alzheimer's in patients, both pre- and post-treatment," said Helen R. Park, MS, Chief Executive Officer of Power3, "and that our scientific collaborators, Dr. Marwan Sabbagh, Medical and Scientific Director of the Banner Sun Health Medical Research Institute, and Dr. Lourdes R. Bosquez, President of the Woodlands Behavioral Institute, Inc., presented along with us at the meeting in Hawaii."
"We are within striking distance of realizing an Alzheimer's clinical diagnostic tool which I hope will lead to a greater understanding of the disease and buoy the pace of future therapeutic interventions," added Marwan Sabbagh MD, Medical and Scientific Director of Banner Sun Health Medical Research Institute.
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.
XL Group plc (NYSE:XL) the global insurance operations of XL Group plc (NYSE:XL) and Breed's Hill Insurance Agency, Inc., a specialized Managing General Underwriter, announced a new joint underwriting agreement to provide General Liability (GL) and Property coverages for multi-unit apartment buildings, condominium associations, and mixed-use real estate risks primarily in the New England market.
XL Insurance's North America Programs group specializes in customized program solutions for market-leading Program Administrators with demonstrated underwriting and marketing excellence. The group works with Program Administrators possessing unique industry skills, specialized underwriting talent and a proven record of success with managing books of program business.
American Electric Power Co., Inc. (NYSE:AEP) has scheduled a live audio webcast of remarks by AEP executives Nov. 2 at the 45th annual Edison Electric Institute Financial Conference in Palm Desert, Calif.
Susan Tomasky, president of AEP Transmission, and Brian X. Tierney, executive vice president and chief financial officer, will address an audience of investors
American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation's largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S.
Community Health Systems, Inc. (NYSE:CYH) announced that management will participate in the Oppenheimer 21st Annual Healthcare Conference to be held November 2-3, 2010, at the Waldorf=Astoria Hotel in New York City.
The investor presentation will begin at 10:50 a.m. Eastern time, 9:50 a.m. Central time, on Wednesday, November 3, 2010, and will be available to investors via a live audio webcast.
Located in the Nashville, Tennessee, suburb of Franklin, Community Health Systems, Inc. is the largest publicly-traded hospital company in the United States and a leading operator of general acute care hospitals in non-urban and mid-size markets throughout the country.
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