latest news releases from the newsroom
Acura Pharmaceuticals Inc.
Acura Pharmaceuticals, Inc. Announces Issuance of U.S. Patent for Deterring Abuse of Opioid Containing Dosage Forms
PALATINE, Ill., April 16, 2007 (PRIME NEWSWIRE) -- Acura Pharmaceuticals, Inc. (OTCBB:ACUR) today announced receipt from the United States Patent and Trademark Office (the "USPTO") of U.S. Patent No. 7,201,920 titled "Methods and Compositions for Deterring Abuse of Opioid Containing Dosage Forms". This issued patent was the subject of the USPTO's Notice of Allowance dated December 11, 2006 previously disclosed by the Company. The allowed patent claims encompass pharmaceutical compositions intended to reduce or discourage the three most common methods of prescription opioid analgesic product misuse and abuse (the Company's "Aversion(r) Technology") including; (i) intravenous injection of dissolved tablets or capsules; (ii) snorting of crushed tablets or capsules and; (iii) intentionally swallowing excess quantities of tablets or capsules. The opioid analgesics in the allowed patent claims include oxycodone, hydrocodone, hydromorphone, morphine, codeine, tramadol, propoxyphene and many others. At present, the Company retains ownership of all intellectual property and commercial rights to its Aversion(r) Technology and related product candidates.
Transmeridian Exploration, Inc.
Transmeridian Exploration Retains Financial Advisor for Strategic Review
HOUSTON, April 16, 2007 (PRIME NEWSWIRE) -- Transmeridian Exploration Incorporated (AMEX:TMY) today announced that it has retained Jefferies Randall & Dewey, a division of Jefferies & Company, Inc., as its financial advisor in connection with the company's previously announced review of strategic alternatives for its South Alibek field in Western Kazakhstan. The company has received a number of unsolicited preliminary expressions of interest from parties regarding a range of potential strategic transactions. The strategic alternatives being reviewed by Transmeridian Exploration include the sale of a partial or complete interest in the South Alibek field or a sale of the company in its entirety.
CanAm Uranium Corp.
CanAm Uranium Corp. Completes Transfer of Wheeler-Beckett Claims in Athabasca Basin
LAS VEGAS, April 16, 2007 (PRIME NEWSWIRE) -- CanAm Uranium Corp. ("CanAm" or the "Company") (OTCBB:CAUI) is pleased to announce that it has received notification from Saskatchewan Industry & Resources of the completion of title transfer for the Wheeler Beckett Claims located in the Saskatchewan Athabasca Basin. On November 29th 2006, CanAm acquired a 100% interest in the Wheeler Beckett Claims through an option agreement with Northwind Resources. Under the terms of the agreement, CanAm is required to pay C$250,000 and issue 1,000,000 common shares to Northwind on or before November 29th 2007. Northwind was also granted a 2.5% NSR, of which 2% can be purchased for C$1,000,000.
Berliner Communications, Inc.
Berliner Acquires U.S. Operations of Radian Communication Services, Inc.
ELMWOOD PARK, N.J., April 16, 2007 (PRIME NEWSWIRE) -- Berliner Communications, Inc. (OTCBB:BERL), ("Berliner") today announced the acquisition of the U.S. wireless infrastructure construction and installation business of Radian Communication Services, Inc. ("Radian"). Berliner, through its wholly owned operating subsidiary, BCI Communications, Inc. ("BCI"), acquired Radian's operations in six western states, including key locations in Los Angeles, Seattle and Las Vegas. Radian, a Canadian based company, will continue its operations in Canada and its Rohn Tower division in the U.S.
Virgin America Not Planning Trans-Atlantic Flights
BURLINGAME, Calif., April 16, 2007 (PRIME NEWSWIRE) -- Virgin America today corrected erroneous news reports that indicated the U.S. start-up airline is planning trans-Atlantic service. Still pending final government approval, Virgin America plans to launch U.S. domestic service this summer.