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(GR, KAZ, PRAN) PennyOmega.com Stocks in Action

Posted, by pennylynnomega on September 19th, 2011

PRAN, Prana Biotechnology Ltd.

** PRAN reported that The Journal Of Neurochemistry has published an update on the mechanism of action of PBT2 in the treatment of Alzheimer's Disease (AD). The study explains how PBT2 is able to restore cognition in AD sufferers through repair of affected Alzheimer's brains.

The findings further explain the rapid improvement in cognition previously reported in transgenic Alzheimer's mice and in patients in a Phase IIa clinical trial with PBT2.

These new results further explain how PBT2 can achieve rapid improvements in cognition: by liberation of copper and zinc trapped in amyloid deposits and returning those essential metals to neurons, where they are needed for normal function.

PRAN has developed a proprietary library of class-leading chemical compounds. This library is combined with a drug development program to explore novel therapeutics in multiple disease indications. The scientific focus of PRAN is upon neurological diseases, particularly Alzheimer?s, Parkinson?s and Huntington?s diseases.

More about PRAN at www.pranabio.com

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GR, Goodrich Corp.

** According to reports, United Technologies Corporation is exploring a takeover of GR.

GR is a leading global supplier of systems and services to the Aerospace and Defense industry.

More about GR at www.goodrich.com

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KAZ, BMB Munai Inc.

** KAZ has completed the sale of all of its interests in Emir Oil LLP to a subsidiary of MIE Holdings Corporation.

KAZ is an independent oil and gas company engaged in the exploration, development and production of crude oil and natural gas.

More about KAZ at www.bmbmunai.com

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Authored by, pennylynnomega
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