Array BioPharma Inc. (NASDAQ:ARRY) reported results for the fourth quarter and full year of fiscal 2011. During the fourth quarter, Array narrowed its proprietary development focus to four core clinical programs including two hematology drugs: ARRY-520 for multiple myeloma (MM) and ARRY-614 for myelodysplastic syndromes (MDS). These drugs are both novel therapies addressing significant unmet medical needs with large market opportunities. Array plans to advance their development both as single agents and in combinations.
Array BioPharma Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of small molecule drugs to treat patients afflicted with cancer and inflammatory diseases in North America, Europe, and the Asia Pacific.
Cleantech Transit, Inc. (CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company’s manufacturing clients worldwide.
The conversion of Biomass into useful energy can produce heat and electricity. Moreover it can also be converted to bio fuels. There are three ways of converting waste and wood into useful biomass energy and bio fuels. These methods are thermal conversion, chemical conversion and biochemical conversion. Thermal conversion is the process in which various bio organisms are converted to chemical formations using heat. There are many ways to perform this conversion like combustion, torrefaction, gasification, prolysis, hydro processing and hydrothermal upgrading. A typical thermal biomass plant is 20% to 30% efficient. Chemical conversion is the process of converting various waste materials and liquid slurring into fuels by using chemical reactions.
Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company’s ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
MAP Pharmaceuticals, Inc. (Nasdaq:MAPP) announced that the Company will participate in the 2011 Wedbush Life Sciences: Management Access Conference on Tuesday, August 16, at 8:35 a.m. ET in New York. A live webcast of the event will be available on the Investor Relations section of MAP Pharmaceuticals’ website at http://www.mappharma.com.
MAP Pharmaceuticals, Inc., a development stage company, focuses on the development and commercialization of inhalation therapies for patients suffering from migraine.
XenoPort, Inc. (Nasdaq:XNPT) announced financial results for the second quarter and six months ended June 30, 2011. Revenues and net income for the second quarter were positively impacted by recognition of revenue associated with milestone payments from XenoPort’s collaborations with GlaxoSmithKline (GSK) and Astellas Pharma Inc. Revenues for the second quarter were $37.4 million, compared to $0.5 million for the same period in 2010. Net income for the second quarter was $19.5 million, compared to a net loss of $19.5 million for the same period in 2010. At June 30, 2011, XenoPort had cash, cash equivalents and short-term investments of $117.5 million.
XenoPort, Inc., a biopharmaceutical company, focuses on developing and commercializing internally discovered product candidates that utilize the bodys natural nutrient transport mechanisms to enhance the therapeutic benefits of drugs.
Crown Equity Holdings Inc., (CRWE)
Online Marketing or internet marketing is all about connecting a product or service with people who have a need and/or want to purchase that product or service using the technology of the Internet. The Internet has added greatly to the tools for finding potential customers as well as expanded the geographical location and means of connecting with those new customers.
Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Mr. Kumar and Mrs. Sherma will own 50% of the joint venture and Crown Equity Holdings Inc. will own the remaining fifty percent (50%) interest in the joint venture.
Mr. Kumar will be Chairman of the Board of Crown Tele Services Inc. Mr. Kumar will act as an advisor to the Company as the Company plans, develops and deploys a state of the art VoIP services network that the Company plans on launching. Mr. Kumar has 12 years of experience in Unified Communications and VoIP working on the products of Cisco, NEC and Siemens. Mr. Kumar earned a Bachelor of Technology degree from the Indian Institute of Technology.
Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: “We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs with Mr. Kumar who has extensive experience in this fast-growing global market.”
“As part of this joint venture, we look forward to building an outstanding team to develop and deliver voice and video over IP services globally,” stated Hemant Kumar.
Crown Equity Holdings Inc’s selection of Core Link reflects recent diversification beyond CRWE’s original charter as a provider of services and knowledge to small business owners taking their own companies public. In addition to these services, Crown Equity Holdings Inc has transitioned into a multifaceted media organization that publishes clients’ news online; sells advertising adjacent with its digital network targeted at a high-income audience; designs, hosts and maintains websites; produces marketing videos from concept to final product; crafts press releases and articles for maximum SEO; develops email campaigns; and forges branding campaigns to bolster client company images.
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
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