Dallas, TX 2/16/2012 1:15:50 AM
News / Stocks

BPAX, CBIS, IPAS, ECDC and AERN are the Daily Market Movers for February 15th from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers BPAX, CBIS, IPAS, ECDC and AERN

BIOSANTE PHARMACEUTICALS INCORPORATED (NASDAQ: BPAX) "Up 33.98% in morning trading"

BioSante is a specialty pharmaceutical company focused on developing products for female sexual health, menopause, contraception and male hypogonadism. BioSante's lead products include LibiGel® (transdermal testosterone gel) in Phase III clinical development by BioSante under a U.S. Food and Drug Administration (FDA) SPA (Special Protocol Assessment) for the treatment of female sexual dysfunction (FSD), and Elestrin™ (estradiol gel) developed through FDA approval by BioSante, indicated for the treatment of moderate-to-severe vasomotor symptoms associated with menopause, currently marketed in the U.S. Also in development are Bio-T-Gel™, a testosterone gel for male hypogonadism, and an oral contraceptive in Phase II clinical development using BioSante patented technology. The current market in the U.S. for estrogen and testosterone products is approximately $2.5 billion and for oral contraceptives approximately $3.0 billion. The company also is developing its calcium phosphate technology (CaP) for novel vaccines, drug delivery and aesthetic medicine (BioLook™). Additional information is available online at www.biosantepharma.com.

CANNABIS SCIENCE INCORPORATED (OTCBB: CBIS) "Up 21.91% in morning trading"

Cannabis Science Inc. is at the forefront of medical marijuana research and development. The company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop, produce, and commercialize phytocannabinoid-based pharmaceutical products. It is dedicated to the creation of cannabis-based medicines, both with and without psychoactive properties, to treat disease and the symptoms of disease, as well as for general health maintenance.

CBIS News:

IPASS INC. (NASDAQ: IPAS ) "Up 13.22% in morning trading"

iPass helps enterprises and service providers ensure their employees and customers will be well connected. Founded in 1996, iPass delivers the world's largest commercial-grade Wi-Fi network and most trusted connectivity platform. With over 680,000 connection venues, iPass gives its customers always-on, frictionless connectivity anywhere in the world — easily, quickly, securely and cost effectively. Additional information is available at www.iPass.com or on Smarter Connections, the iPass blog.

EAST COAST DIVERSIFIED CORPORATION (OTCBB: ECDC) "Up 26.32% in morning trading"

East Coast Diversified Corp. operates through its subsidiary, EarthSearch Communications, Inc. East Coast Diversified Corp. offers a portfolio of GPS devices, RFID interrogators, integrated GPS/RFID technologies and Tag designs. The company was founded in 2010 and is based in Atlanta, Georgia.

AER ENERGY RESOURCES INCORPORATED (OTC: AERN) "Up 88.89% in morning trading"

AER Energy Resources, Inc. (www.aernenergy.com) is a diversified holding company and through its subsidiaries AER Petroleum, Inc and Fuel Trading and Petroleum Marketing, Inc pursues oil and gas exploration, drilling, well completion and fuel distribution.

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