SDIX (NASDAQ:SDIX), announced that it has successfully completed its previously announced sale of the assets of its water quality division to Modern Water plc for $4.5 million. Modern Water acquired the division�s intellectual property, current inventory and commercial contracts, as well as its equipment and staff.
Francis DiNuzzo, SDIX�s President and CEO, commented, �We are pleased to complete the sale of our Water Quality business to Modern Water. This divestiture is consistent with our corporate strategy and enables us to focus further on our core businesses, particularly our Life Science business where we are expanding the development efforts on our next generation proprietary GAT technology. The net cash from this sale strengthens our balance sheet and provides additional resources for key investments.�
SDIX is a biotechnology company with a core expertise in creating better antigens, better antibodies and better assays for the pharmaceutical, biotechnology and food safety markets. For over 20 years, SDIX has been a leading immuno-solutions company, developing results-oriented and innovative antibody-based solutions that enable customers to meet high performance research, diagnostic and commercialization objectives.
In the life science market, SDIX�s technology and capabilities are being used to help discover disease mechanisms, facilitate development of new drugs and provide antibodies and assays for the diagnosis of disease. In the food safety market, SDIX continues to expand its footprint as an international supplier of rapid pathogen test technologies that enable more accurate and cost-effective results.
Videos are easier to produce than articles for most people. Most business owners and people in general hesitate when asked to write an article, but can readily agree to hold a camera and shoot a video. With the advent of smart phone cameras and easy to use digital cameras, just about anyone can shoot a video making it a simple, quick and cheap option to any business owner.
Crown Equity Holdings Inc. (CRWE.OB) recently announced that it has launched CRWE Tube, www.crwetube.com, a video sharing site that allows billions of people around the world to upload watch and share original videos.
�The CRWE Tube team has built an exciting media platform, which allows people and businesses large and small to quickly and efficiently reach a vast new audience,� said Kenneth Bosket, President of Crown Equity Holdings Inc. �With online videos continuing to experience explosive, viral growth and the web rapidly moving from text to video, businesses will need to adapt to the shift in video distribution technology or quickly become irrelevant to their consumers who anticipate seeing video everywhere online.�
Crown Equity Holdings Inc. together with its digital network currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
For more information, visit http://www.crownequityholdings.com
Amarin Corporation plc (Nasdaq:AMRN), a late-stage biopharmaceutical company with a focus on cardiovascular disease, announced the dosing of the first patient in REDUCE-IT, the cardiovascular outcomes study utilizing AMR101.
Amarin Corporation Plc, a clinical-stage biopharmaceutical company, focuses on developing treatments for cardiovascular diseases.
HealthSpring, Inc. (NYSE:HS) announced that it has established a record date of, and a meeting date for, a special meeting of its stockholders to consider and vote upon, among other things, a proposal to adopt the previously announced merger agreement, dated as of October 24, 2011, providing for the acquisition of HealthSpring by a subsidiary of Cigna Corporation (”Cigna”) and other related matters. HealthSpring stockholders of record at the close of business on December 8, 2011, will be entitled to notice of the special meeting and to vote at the special meeting. The special meeting will be held on January 12, 2012, at 10:00 a.m., local time, at HealthSpring’s offices located at 530 Great Circle Road, Nashville, Tennessee.
HealthSpring is based in Nashville, Tennessee, and is one of the country’s largest Medicare Advantage coordinated care plans.
Biodel Inc. (Nasdaq:BIOD) reported financial results for the fourth quarter ended September 30, 2011. Reported a net profit of $4.1 million, or basic earnings per share of $0.11 or a diluted earnings per share of $0.10 , which includes an $8.7 million decrease in warrant liability for the quarter ended September 30, 2011 , compared to a net loss of $8.1 million , or $0.31 per share � basic and diluted, which includes a $1.3 million increase in its warrant liability for the same period in 2010. For fiscal year 2011 Biodel had a net loss of $10.6 million , or $0.34 per share � basic and diluted, which includes a $12.6 million decrease in its warrant liability, compared to a net loss of $38.3 million , or $1.58 per share � basic and diluted, which includes a $1.3 million increase in its warrant liability for fiscal year 2010.
Biodel Inc., a development stage biopharmaceutical company, focuses on the development and commercialization of treatments for diabetes.
No comments:
Post a Comment