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Power3 Medical Products, Inc. (PWRM.OB)
“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,” stated Dr. Ira L. Goldknopf, PWRM ’s President & 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,” commented Helen R. Park, MS, CEO 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 that are currently pending for its NuroPro technology. 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. PWRM has also published 6 articles on NuroPro in peer-reviewed scientific journals. 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
J & J Snack Foods Corp. (NASDAQ:JJSF) recently reported record sales and earnings for its 2010 fiscal year.
Sales for the fiscal year ended September 25, 2010 increased 7% to $696.7 million from $653.0 million in the fiscal year ended September 26, 2009. Net earnings increased 17% to $48.4 million in fiscal 2010 from $41.3 million in fiscal 2009. On a per diluted share basis, earnings increased 17% to $2.59 from $2.21. Operating income increased 15% to $77.2 million this year from $66.9 million in the year ago period.
Washington Mutual, Inc. recently announced that, pursuant to the Disclosure Statement Order issued by the United States Bankruptcy Court for the District of Delaware, it has extended the deadline to vote on the Company's proposed Plan of Reorganization (the "Plan") from November 15, 2010 at 5:00 p.m. Pacific Time to November 18, 2010 at 12:00 p.m. Pacific Time.
WMI's Plan and Disclosure Statement have the full support of the Federal Deposit Insurance Corporation (the "FDIC") and JPMorgan Chase Bank, N.A. (NYSE:JPM) ("JPMC"), certain holders of indebtedness issued by the Company and Washington Mutual Bank, as the case may be, and the Official Committee of Unsecured Creditors, which was appointed by the Bankruptcy Court.
J. Alexander’s Corporation (NASDAQ:JAX) recently reported operating results for the third quarter and first nine months of fiscal 2010 which ended on October 3, 2010.
J. Alexander’s Corporation operates 33 J. Alexander’s restaurant in thirteen states. J. Alexander’s Corporation is headquartered in Nashville, Tennessee.
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