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  • Defense Stocks Alert; Aethlon Medical, Inc. (OTCBB: AEMD) $6.8 Million DARPA Award  0 comments
    Nov 3, 2011 12:24 PM | about stocks: AEMD
    Defense Stocks Alert; Aethlon Medical, Inc. (OTCBB: AEMD) $6.8 Million DARPA Award 
     
    AEMD to develop a therapeutic device to reduce the incidence of sepsis, a fatal bloodstream infection that is often the cause of death in combat-injured soldiers
     
    Point Roberts, WA- November 3, 2011 – Investorideas.com, an investor research portal covering multiple stock sectors including defense and security stocks, reports on Aethlon Medical, Inc. (OTCBB: AEMD) $6.8 Million Defense Advanced Research Projects Agency (DARPA) contract to develop a therapeutic device to reduce the incidence of sepsis, a fatal bloodstream infection that is often the cause of death in combat-injured soldiers
     
    Aethlon Medical, Inc. (OTCBB: AEMD,the pioneer in developing therapeutic filtration devices to address infectious disease and cancer, announced in October that it has been awarded a $6.8 million contract from the Defense Advanced Research Projects Agency (DARPA) to develop a therapeutic device to reduce the incidence of sepsis, a fatal bloodstream infection that is often the cause of death in combat-injured soldiers. The contract program will utilize the Aethlon ADAPT™ system as a core technology component underlying an extracorporeal blood purification device that selectively clears multiple sepsis-enabling particles from circulation to promote recovery and prevent sepsis. The resulting device, which is being advanced under DARPA's Dialysis Like Therapeutics (DLT) program, is expected to dramatically decrease the morbidity and mortality of sepsis, thereby saving thousands of lives and billions of dollars in the United States each year. Under the DLT program, Aethlon will also introduce a novel blood pump strategy to reduce or eliminate the systemic administration of anticoagulants normally required during extracorporeal device therapies. Worldwide, more than 18 million cases of sepsis are reported every year, with more than six million resulting in death. 
     
    The stock ran to $0.12 following the news in October and is currently trading at $0.08- $0.09.
     
    Company Snapshot:
     
    Aethlon Medical, Inc. (OTCBB: AEMD
    The Aethlon Medical mission is to create innovative medical devices that address unmet medical needs in cancer, infectious disease, and other life-threatening conditions. Our Aethlon ADAPT™ System is a revenue-stage technology platform that provides the basis for a new class of therapeutics that target the selective removal of disease enabling particles from the entire circulatory system. The Aethlon ADAPT™ product pipeline includes the Aethlon Hemopurifier® to address infectious disease and cancer; HER2osome™ to target HER2+ breast cancer, and a medical device being developed under a contract with the Defense Advanced Research Projects Agency (DARPA) that would reduce the incidence of sepsis in combat-injured soldiers and civilians. For more information, please visit www.aethlonmedical.com.
     
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    This news is paid for as part of the showcase advertising program for Visualant, Inc. (OTCBB: AEMD) a featured showcase company on Investorideas.com, 1500 per month and $five thousand per month in restricted 144 shares.  Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All information on showcase companies is taken from public documents, news, filings and the company website and management. This site is currently compensated by featured companies, news submissions and online advertising. Investors are reminded all investment involves risk including possible loss of principal. 
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    Themes: defense stocks Stocks: AEMD
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