latest news releases from the newsroom
ChinaCast Education Corporation
ChinaCast Education Corporation Set to Join Russell 3000 and Russell Global Indexes
BEIJING, June 17, 2009 (GLOBE NEWSWIRE) -- ChinaCast Education Corporation (the "Company" or "ChinaCast") (Nasdaq:CAST), a leading for-profit, post-secondary and e-learning services provider in China, today announced it is set to join the broad-market Russell 3000(R) Index when Russell Investments ("Russell") reconstitutes its U.S. and global equity indexes on June 26, 2009, according to a preliminary list of additions posted on June 12, 2009, at www.russell.com.
Penwest Pharmaceuticals Co.
Penwest Enters Into Third Research and Development Agreement With Otsuka Pharmaceutical
DANBURY, Conn., June 17, 2009 (GLOBE NEWSWIRE) -- Penwest Pharmaceuticals Co. (Nasdaq:PPCO) today announced that it has signed its third research and development agreement with Otsuka Pharmaceutical Co., Ltd. of Japan to develop a formulation of an undisclosed Otsuka compound utilizing Penwest's TIMERx(r) drug delivery technology. Under the terms of the agreement, Penwest will receive undisclosed fees and payments.