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Article Excerpt
M2 PRESSWIRE-20 October 2006-Stockguru.com: While Alliance Pharmaceutical Provides Update on Product Development, Other Companies Report Financial Results, Make Investor Conference Presentations, Elaborate on Mergers and Provide Sales Figures(C)1994-2006 M2 COMMUNICATIONS LTD
RDATE:20102006
Dallas, Texas - StockGuru Pre-Market Updates for Friday include Alliance Pharmaceutical Corp. (OTCBB: ALLP), IGIA, Inc., (OTCBB: IGAI ), EAU Technologies, Inc.(OTCBB:EAQU), MRU Holdings, Inc. (OTCBB: UNCL), EarthFirst Technologies, Inc. (OTCBB:EFTI), and Sono-Tek Corporation (OTCBB: SOTK). StockGuru Pre-Market Updates feature companies with significant moves in either volume or price in the past two trading sessions. In our update we analyze recent news about the companies featured and detail the movement in the stock.
If you would like to feature your publicly traded company in our alerts or on StockGuru.com, email feature@stockguru.com or call (469)252-3031.
Alliance Pharmaceutical Corp. (OTCBB: ALLP) - Thursday's shares stayed even at $0.120. The volume was at 16,524. Alliance Pharmaceutical Corp. announces the following update with regard to the development of Oxygent(TM) (perfluorochemical (PFC) emulsion) to prevent post-op ileus resulting from hypoxia during major surgery. Earlier this year, Alliance applied to the Competent Authorities and to the Ethics Committees (equivalent to Investigational Review Board [IRB] in the U.S.) in France and Germany to proceed with the start of a Phase 2 Proof of Concept clinical trial. The objective of the study will be to show the safety and demonstrate the efficacy of Oxygent to improve post-op gut function. The study is expected to enroll approximately 65 patients.
Alliance Pharmaceutical Corp., founded in 1989, is a development-stage pharmaceutical company that is currently focused on developing its lead product, Oxygent, which is based on its proprietary PFC technology. Oxygent is being developed as an intravascular oxygen carrier designed to augment oxygen delivery in surgical patients.
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