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 continues to evolve and enhance its IP portfolio, employing sensitive and specific combinations of biomarkers it has discovered from a broad range of diseases as the basis of highly selective blood-based tests for ALS (Lou Gehrig’s disease), Alzheimer’s, Parkinson’s diseases, breast cancer, and drug resistance.
The NuroPro Blood Test is PWRM’s diagnostic tool for the early detection of Neurodegenerative diseases. The analysis is designed as a tool for physicians to diagnose various degenerative diseases of the brain and nervous system. The test involves monitoring the concentration of 59 proteins in blood serum to accurately detect and distinguish between Alzheimer’s disease, ALS (Lou Gehrig’s disease), and Parkinson’s disease .
PWRM’s BC-SeraPro(NYSE:TM) is a proteomic test for the diagnosis of breast cancer. This test is designed to measure the quantitative expression level of 22 protein biomarkers in the serum that differentiate between breast cancer patients and control subjects. The level of the biomarkers from the patient’s serum sample is compared to PWRM’s patient database. Statistical analysis by linear discriminant function will analyze the biomarker levels of the patient sample and assign a probability score for the diagnosis. Probability score is ranged from 0.0 to 1.0. Results of PWRM’s BC-SeraPro(TM) test should not be considered a stand alone diagnosis nor a guarantee and is intended to be used in conjunction with mammography and other accepted modalities.
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.
Boeing (NYSE:BA) announced the availability of a rotable exchange services program, that will support the operation of the Boeing 787 Dreamliner. This program will help airline customers reduce inventory costs by providing access to a Boeing-managed inventory pool of parts that is available to ship within 24 hours of request.
The Boeing Company designs, develops, manufactures, sells, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide
Ocean Shore Holding Co. (NASDAQ:OSHC) announced net income of $1,441,000, or $0.21 per diluted share, for the quarter ended September 30, 2010, as compared to $1,313,000, or $0.18 per diluted share, for the quarter ended September 30, 2009. Net income for the nine months ended September 30, 2010 was $4,016,000, or $0.59 per diluted share, as compared to $2,897,000, or $0.41 per diluted share, for the same period in 2009.
Ocean Power Technologies, Inc. (Nasdaq:OPTT) announces that the US Navy has awarded $2.75 million in additional funding to OPT for a second stage under its existing contract to provide an autonomous PowerBuoyÂ® wave energy conversion system for the Navy’s near-coast anti-terrorism and maritime surveillance program.
Ocean Power Technologies, Inc. (Nasdaq:OPTT) is a pioneer in wave-energy technology that harnesses ocean wave resources to generate reliable, clean and environmentally-beneficial electricity.
CACI International Inc (NYSE: CACI) announced that it has been awarded a $45 million task order contract to provide program management and technical engineering services to upgrade Common Ground Systems (CGS) with subsystems from the U.S. Army’s Distributed Common Ground System-Army (DCGS-A) Ground Mobile system.
CACI provides professional services and IT solutions needed for defense, intelligence, homeland security, and IT modernization and government transformation.
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