Power3 Medical Products, Inc. (OTC:PWRM)
PWRM, a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, announced earlier this month that it delivered four poster presentations at the 2010 International Conference on Alzheimer's Disease (NASDAQ:ICAD) in Honolulu, Hawaii. These presentations discussed NuroPro, PWRM's diagnostic test, and focused on PWRM'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, PWRM'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 PWRM, "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.
PWRM has filed several patent applications for its NuroPro technology that are currently pending. PWRM also has a world-wide exclusive license from the Baylor College of Medicine in Houston, Texas. To date, PWRM 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. PWRM intends to publish these latest findings as well.
PWRM, a bio-technology company, engages in the development and marketing of diagnostic tests in the fields of cancer, and neurodegenerative and neuromuscular diseases in the United States. PWRM's products include BC-SeraPro, a proteomic blood serum test for the early detection of breast cancer; and NuroPro, a serum test for the detection of neurodegenerative diseases, such as amyotrophic lateral sclerosis, Alzheimer's disease, and Parkinson's disease. PWRM's products analyze proteins and their mutations to assess an individual's risk for developing disease later in life or a patient's likelihood of responding to a particular drug; assess a patient's risk of disease progression and disease recurrence; and measure a patient's exposure to drug therapy. PWRM was formerly known as Surgical Safety Products, Inc. and changed its name to Power3 Medical Products, Inc. in September 2003. PWRM was founded in 1992 and is based in The Woodlands, Texas.
To learn more about PWRM visit: http://www.Power3Medical.com
Cadence Design Systems, Inc. (NASDAQ:CDNS)
CDNS, a leader in global electronic design innovation, recently announced that the most advanced foundry in Mainland China, Semiconductor Manufacturing International Corporation (NYSE:SMI), has adopted the Cadence Silicon Realization product line for advanced node, low-power designs. The Cadence Silicon Realization product line is composed of tools essential to turning designs into silicon. It is a key element of its EDA360 (the new Electronic Design Automation) vision, which shifts focus from design creation to integration.
CDNS develops electronic design automation software and hardware for worldwide. CDNS's products and services are used to design and develop integrated circuits (ICs), and electronics systems. CDNS was founded in 1983 and is headquartered in San Jose, California.
To learn more about CDNS visit: http://www.cadence.com
Sempra Energy (NYSE:SRE)
SRE announced recently the company has entered into a $500 million share-repurchase program with JPMorgan Chase Bank.
Common shares will be repurchased under an accelerated share-repurchase program at a fixed discount to market averages (subject to a minimum and maximum number of shares) over a period expected to extend into the first quarter 2011.
SRE, based in San Diego, is a Fortune 500 energy services holding company with 2009 revenues of more than $8 billion. SRE's 13,800 employees serve about 29 million consumers worldwide.
SRE, together with its subsidiaries, engages in the development of energy infrastructure, operation of utilities, and provision of energy-related products and services worldwide. SRE operates through two divisions, Sempra Utilities and Sempra Global. SRE was founded in 1998 and is headquartered in San Diego, California.
To learn more about SRE visit: http://www.sempra.com
Semtech Corp. (Nasdaq:SMTC)
SMTC, a leading supplier of analog and mixed-signal semiconductors, today announced a new switching regulator platform, offering a buck converter with an integrated inductor in a tiny, 2.5 x 3 x 1mm package. The new SC202 is a synchronous step-down regulator with 3.5MHz PWM switching frequency, 500mA output current and very high efficiency up to 94%. Additionally, on-chip loop compensation and a programmable output voltage eliminate the need for external stability control components and programming resistors, further reducing total PCB space. The combination of high integration and ultra-small packaging occupies a footprint of less than 14mm2, providing designers a more efficient switching regulator as an LDO alternative.
SMTC, together with its subsidiaries, engages in the design, development, manufacture, and marketing of analog and mixed-signal semiconductor products. SMTC's customers include original equipment manufacturers and their subcontractors in the computing, communications, consumer and industrial, and military end-markets in North America, the Asia Pacific, and Europe. SMTC was founded in 1960 and is headquartered in Camarillo, California.
To learn more about SMTC visit: http://www.semtech.com
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