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Monthly Archives: September 2009

Magnum D’Or Resources, Inc. (MDOR) Fat Contracts Prompt Personnel Additions

Magnum D’Or Resources, Inc. is an innovator in rubber reprocessing with the logistical capacity to easily satisfy its 5-year, $131.2 million in open contracts for the production of rubber buffings and nuggets. However, as Magnum President and CEO Joseph Glusic … Continue reading

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Caraco Pharmaceutical Laboratories Inc. (CPD) Gets Back on Track in Generic Drug Market

Companies often stumble in certain areas only to come back stronger and more profitable as issues are addressed and overcome. In certain areas, this particular type of problem is more easily overcome then in others, especially when the profit potential … Continue reading

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Alexza Pharmaceuticals, Inc. (ALXA) To Raise $19 Million in Equity

Alexza Pharmaceuticals, Inc. announced a private placement equity offering of 8.1 million shares of common stock to several qualified institutional investors. The company will receive $2.4325 per share, or approximately $19.1 million in net proceeds. Alexza Pharmaceuticals also issued 7.3 … Continue reading

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Keryx Biopharmaceuticals, Inc. (KERX) to Raise $20 Million

Keryx Biopharmaceuticals, Inc. is conducting a private placement of stock to qualified institutional investors. The company is issuing 8 million shares of common stock at a price of $2.50, and will realize $20 million in gross proceeds. Keryx Biopharmaceuticals, Inc. … Continue reading

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Spire Corp. (SPIR) Signs Contract with South Korean Uni-CHEM Co., Ltd.

Today, Spire Corporation announced that it has entered into two contracts to supply South Korea-based company Uni-CHEM Co., Ltd. with a 60 megawatt (MW) per year turnkey Cell Line and a 50MW per year turnkey Module Line. The contract also … Continue reading

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A123 Systems, Inc. (AONE) is “One to Watch”

Headquartered in Watertown, Massachusetts, A123 Systems, Inc. designs, develops, manufactures, and sells advanced, rechargeable lithium-ion batteries and battery systems. They do this for the transportation, electric grid services, and consumer markets. Founded in 2001, A123 Systems built their proprietary nanoscale … Continue reading

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Stream Global Services Inc. (OOO) Customer Service is Not Dead

As the world economy begins to find its footing after recent economic events, companies are increasingly looking at costs and how to reduce and control them. In past years, capital was cheap and many institutions let capital flow with little … Continue reading

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Helicos BioSciences Corp. (HLCS) Partners with Correlagen Diagnositcs Inc. to Provide Enhanced DNA-Assays

Life science company Helicos BioSciences Corp. focuses on genetic analysis technologies for the diagnostic market. The company today announced the sale of a system and relative collaboration with Correlagen Diagnostics Inc., a leader in genetic testing for disease diagnosis. Correlagen … Continue reading

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Cepheid (CPHD) Announces FDA-Clearance for Global Marketing of Blood Clot Test

Cepheid, a diagnostics company focused on the biothreat market, last week made a joint announcement with Instrumentation Laboratory (IL), a worldwide developer, manufacturer and distributor of vitro-diagnostics instruments, reporting that Cepheid has received clearance from the U.S. Food & Drug … Continue reading

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Corgenix Medical Corporation (CONX) Reports Loss for Year

Corgenix Medical Corporation reported a net loss of $1.57 million, or $0.05 per share, for fiscal year 2009. Revenues were $8.06 million for the year, down from $8.35 million reported last year. Despite the loss, the results were a slight … Continue reading

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