Proteonomix, Inc. (PROT.OB) is a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives. Proteoderm, Inc. is a wholly owned subsidiary of Proteonomix that has recently opened its retail web site, http://www.proteoderm.com, and begun accepting pre-orders for its anti-aging line of skin care products. StromaCel, Inc.’s goal is the development therapeutic modalities for the treatment of Cardiovascular Disease (CVD). StromaCel, Inc. is pursuing the licensing of other technologies for therapeutic use. National Stem Cell, Inc. is Proteonomix’s operating subsidiary. The Sperm Bank of New York, Inc. is a fully operational tissue bank. Proteonomix Regenerative Translational Medicine Institute, Inc. (”PRTMI”) intends to focus on the translation of promising research in stem cell biology and cellular therapy to clinical applications of regenerative medicine. Proteonomix intends to create and dedicate a subsidiary to each of its technologies.
PROT recently reported further developments with its Joint Venture Company, XGEN Medical LLC (”XGen”) towards implementing operations in the United Arab Emirates.
Proteonomix is the majority shareholder in XGen with the balance held by an anonymous investor group. Proteonomix personnel were on the ground in the U.A.E. over the past weeks to work together with the Investor Group through the start up phase.
This wholly owned subsidiary will be the vehicle to conduct business in the GCC countries. XGen has filed the corporate papers and has established banking relations with a local bank both for receipt of the initial investment of $5 million and towards further financing expanded services in the region.
It was further reported that XGen has expanded its talks within the region beyond a license for manufacture of and treatment with Proteonomix cellular material. Discussions are now further encompassing both the construction of XGen’s own manufacturing and treatment facility within the U.A.E. and on funding phased trials for one or more of PROT proprietary cellular materials for treatment of disease.
Additionally, the agreement calls for XGen, the joint venture, to market and distribute Proteoderm, including the Matrix NC-138 anti-aging products .
For more information about this company please visit http://www.proteonomix.com
Corning Inc. (NYSE:GLW) Corning Cable Systems LLC, part of Corning Incorporated’s telecommunications segment, announced SEFNCO Communications Inc. as the newest member of the selective Corning Total Access ProgramSM (TAP).
Corning’s TAP provides highly qualified engineering, furnishing and installation companies with the tools necessary to ensure successful fiber-to-the-home (FTTH) and wireless deployments. Certified TAP members receive all-inclusive access to Corning Cable Systems’ innovative and reliable FTTH solutions. After completing specialized training in the installation of optical access networks, TAP members are able to offer their customers an extended product warranty on complete Corning Cable Systems FTTH solutions.
Founded in 1998, SEFNCO Communications Inc. is a premiere service provider for end-to-end network solutions in the telecommunications industry with experienced employees who have built a solid reputation for professionalism and quality.
Delta Air Lines Inc. (NYSE:DAL) Southwest(LUV), which has been expanding in the east since 1993, heralded its biggest eastward move on September 27, 2010 when it announced a merger with AirTran(AAI). The deal, which requires regulatory approval, would get Southwest into Atlanta and Washington’s Reagan National Airport, both places where it does not have a single flight. It would speed up Southwest’s growth in the New York area, amalgamating the two carriers’ slots at Newark and LaGuardia, bringing the total to about 45 daily departure slots. It would also bring Southwest into Charlotte, N.C., which AirTran currently serves from Atlanta and Baltimore.
Liberty Acquisition Holdings Corp. (AMEX:LIA) announced on August 13, 2010 that Liberty has received additional commitments, from prominent banks and an institutional investor, for an investment of 100 million dollars of additional cash into Liberty. The additional commitments may be used to fund a new cash election option, announced on August 4th 2010, available to Liberty stockholders in the business combination with Prisa. A total commitment of $500 million has now been made to Liberty.
CRWESelect, a stock highlight publication is pleased to alert investors of stocks on the move.
Sign Up for our Free Stock Newsletter at http://www.crweselect.com/signup
PLEASE BE SURE TO VISIT CRWESELECT.NING.COM
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWESelect.com publisher and its affiliates and contractors are not registered inv