Power3 Medical Products, Inc. (OTC.BB:PWRM) delivered four poster presentations at the 2010 International Conference on Alzheimer’s Disease (ICAD) in Honolulu, Hawaii. These presentations discussed NuroPro�, Power3′s diagnostic test, and focused on Power3′s Alzheimer’s disease blood serum biomarkers, test and clinical validation trials.
“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,” said Dr. Ira L. Goldknopf, Power3′s President and 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,” said Helen R. Park, MS, Chief Executive Officer of Power3, “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.
Portugal Telecom SGPS, S.A . (NYSE:PT) Portugal Telecom and Playcast Media announced recently the commercial launch of a new high-end video games service, available on Portugal Telecom�s platform. The launch took place November 11 at the Sapo Codebits exhibition, a major event showcasing the latest national and international talent in the field of technology and digital media.
Portugal Telecom, SGPS, S.A. provides telecommunications services in Portugal, Brazil, and Africa.
Malvern Federal Bancorp, Inc. (NASDAQ:MLVF), the �mid-tier� holding company for Malvern Federal Savings Bank, recently announced that it revised the amount of its net loss for the three months ended September 30, 2010 to $2.2 million compared to net loss of $31,000 for the three months ended September 30, 2009.
Malvern Federal Bancorp, Inc. operates as the bank holding company for Malvern Federal Savings Bank that provides banking services in Pennsylvania.
Fifth Street Finance Corp. (NYSE:FSC) recently announced that its Board of Directors adopted an Amended and Restated Dividend Reinvestment Plan on October 22, 2010. Amending the Plan allows the Company to provide a 5% discount on newly-issued shares purchased through the Plan. The Plan will be effective for all dividends paid by the Company after January 1, 2011.
Fifth Street Finance Corp. is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, expansions, sponsor-led acquisitions, add-on acquisitions, recapitalizations, and management buyouts in small and mid-sized companies.
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