latest news releases from the newsroom
Actelion Provides Update on Palosuran in Diabetic Nephropathy
ALLSCHWIL, Switzerland, May 23, 2005 (PRIMEZONE) -- Actelion Ltd (SWX:ATLN) announced today that preliminary efficacy data generated in the proof-of-concept program testing its urotensin-II receptor antagonist palosuran in the indication diabetic nephropathy, do not support the initiation of a full-fledged clinical development program at this point in time. The company will now fully analyze the data generated in three individual studies involving close to 100 patients and discuss the detailed findings with key medical experts in the field.
Texxon Incorporated Appoints New CEO
HOUSTON, May 22, 2005 (PRIMEZONE) -- Texxon, Inc. ("Texxon") (OTCBB:TXXN) today announced the appointment of Ben Hansel to Chief Executive Officer. Hansel will take over the reins as CEO and Chairman of the Board.
Murray, Frank & Sailer LLP
Investor Notice: Murray, Frank & Sailer LLP Has Filed a Shareholder Class Action Against Brocade Communications Systems, Inc. -- BRCD
NEW YORK, May 20, 2005 (PRIMEZONE) -- Murray, Frank & Sailer LLP has filed a class action lawsuit on behalf of shareholders who purchased or otherwise acquired the securities of Brocade Communications Systems, Inc. ("Brocade" or the "Company") (Nasdaq:BRCD) between February 21, 2001 and May 15, 2005, inclusive (the "Class Period").
Brodsky & Smith, LLC
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against Corn Products International, Inc. -- CPO
BALA CYNWYD, Pa., May 20, 2005 (PRIMEZONE) -- Law offices of Brodsky & Smith, LLC today announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of Corn Products International, Inc. (NYSE:CPO) ("Corn Products" or the "Company") between January 25, 2005 and April 4, 2005, inclusive (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Northern District of Illinois.
Penn's Landing Corporation
The Intriguing 2005 Islamic Festival, Part of the 2005 PECO Energy Multicultural Series at Penn's Landing
PHILADELPHIA, May 20, 2005 (PRIMEZONE) -- Presented by the Islamic Cultural Preservation and Information Council (ICPIC), the Thirteenth Annual International Islamic Heritage Festival is part of PECO Energy's Multicultural Series. This FREE event is the only Islamic Heritage Festival of its kind in the country, drawing visitors, vendors, and Islamic scholars from all over the country. Taking place on the Great Plaza at Penn's Landing, Columbus Boulevard and Chestnut Street on June 11, 2005 from Noon - 8 p.m., the event will be a chance to experience authentic Islamic cuisine, music and entertainment along with learning about the rich Islamic heritage and history. PECO Energy is a proud supporter of the Multicultural series at Penn's Landing which features ten different ethnic festivals and Independence Blue Cross is the presenting sponsor of the 20th Anniversary season at Penn's Landing.
Seeger Weiss LLP
Seeger Weiss LLP Announces Shareholder Class Action Lawsuit Against Molson Coors Brewing Company -- TAP
NEW YORK, May 20, 2005 (PRIMEZONE) -- The law firm Seeger Weiss LLP, www.seegerweiss.com, announces that it filed a class action lawsuit today on behalf of: (i) former shareholders of Molson Inc. ("Molson") who received shares of Molson Coors Brewing Company ("Molson Coors" or the "Company") (NYSE:TAP) as a result of the February 9, 2005 merger of Molson by and into the Adolph Coors Company ("Coors"); (ii) open market purchasers of the common stock of Coors from July 22, 2004 to February 9, 2005, inclusive; and (iii) open market purchasers of the common stock of the Molson Coors, following completion of the merger between Molson and Coors on or about February 9, 2005 to April 27, 2005, inclusive, and who were damaged by the decline in the Molson Coors' stock. Plaintiff is seeking remedies under the Securities Exchange Act of 1934 (the "Exchange Act").
SmallCap Sentinel: Stent Company Looks to Enhance 'Flow' of Biocompatible Device Technology
IRVINE, Calif., May 20, 2005 (PRIMEZONE) -- An informational report on a biotech company developing technology to increase the safety and effectiveness of drug-coated cardiovascular stents has been made available free of charge to readers of SmallCap Sentinel. This news comes on the heels of a new announcement by MIV Therapeutics, Inc. (OTCBB:MIVT) detailing the expansion of the company's intellectual property portfolio of next-generation biocompatible medical device coatings.
Seeger Weiss LLP
Seeger Weiss LLP Announces Shareholder Class Action Lawsuit Against Friedman, Billings, Ramsey Group, Inc. -- FBR
NEW YORK, May 20, 2005 (PRIMEZONE) -- The law firm Seeger Weiss LLP, www.seegerweiss.com, announces that it filed a class action lawsuit today in the United States District Court for the Southern District of New York on behalf of all purchasers of the common stock of Friedman, Billings, Ramsey Group, Inc. ("FBR") (NYSE:FBR) between January 29, 2003 and April 25, 2005, inclusive (the "Class Period"), pursuing remedies under the Securities Exchange Act of 1934 (the "Exchange Act").