latest news releases from the newsroom
Amelot Holdings, Inc.
Amelot Announces Formation of Amelot Oil, Inc.
CHEYENNE, Wyo., May 7, 2008 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) today announced the formation of its new subsidiary, Amelot Oil, Inc. ("AOI")
Pain Therapeutics, Inc.
Pain Therapeutics Announces First Quarter 2008 Financial Results
SAN MATEO, Calif., May 7, 2008 (PRIME NEWSWIRE) -- Pain Therapeutics, Inc. (Nasdaq:PTIE), a biopharmaceutical company, today reported financial results for the three months ended March 31, 2008. Net income for the quarter ended March 31, 2008 was $2.6 million, or $0.06 per share, compared to net income of $12.6 million, or $0.28 per share, in the first quarter of 2007.
Alphatec Holdings, Inc.
Alphatec Holdings, Inc. Reaches Successful Settlement and Release Agreement to License Pedicle Screw Technology
CARLSBAD, Calif., May 7, 2008 (PRIME NEWSWIRE) -- Alphatec Holdings, Inc. (Nasdaq:ATEC), a leading medical technology company focused on the design, development, manufacturing and marketing of products for the surgical treatment of spine disorders, announced today that it has reached a successful settlement and release agreement to license pedicle screw technology from DePuy Spine, Inc. and Biedermann Motech GmbH ("DePuy & Biedermann"). Pursuant to the settlement and release agreement among Alphatec and DePuy & Biedermann, Alphatec has obtained a license to intellectual property rights contained in U.S. Patent Number 5,207,678, which is owned by Biedermann and licensed to DePuy. The agreement dismisses the lawsuit between Alphatec and the above-mentioned parties and grants Alphatec the right to continue to manufacture, market and sell its Zodiac and Solanas products. Terms of the agreements include a one-time payment of $11.0 million and an ongoing royalty payable upon future net sales of licensed products.
Rockwell Medical, Inc.
Rockwell Medical Technologies, Inc. Reports First Quarter; Sales Increase 31 Percent; SFP Development Efforts
WIXOM, Mich., May 7, 2008 (PRIME NEWSWIRE) -- Rockwell Medical Technologies, Inc. (Nasdaq:RMTI), a leading, innovative manufacturer and developer of renal drug therapies and essential dialysate products, reported record first quarter 2008 sales of $12.4 million, an increase of 31% over sales of $9.5 million in the first quarter of last year. Loss per share in the first quarter of 2008 was ($.09) compared to ($.14) in the first quarter of 2007.
Bell Microproducts Inc.
Bell Microproducts Receives Multiple Awards During Annual Brocade Partner Summit
SAN JOSE, Calif., May 7, 2008 (PRIME NEWSWIRE) -- Bell Microproducts Inc. (Pink Sheets:BELM), one of the world's largest value-added distributors of storage and computing technology, today announced it has been named Americas Distributor of the Year for 2007 by Brocade. Bell Microproducts was presented with this top partner award at the second annual Brocade Partner Summit held on April 21 - 24 in Las Vegas, Nevada, which attracted more than 160 Brocade Partner representatives from around the world.