Dallas, TX 4/24/2012 12:08:06 AM
News / Finance

DHRM, KERX and ECDC are the Daily Market Movers for April 23rd from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers DHRM, KERX and ECDC

DEHAIER MEDICAL SYSTEMS LIMITED (NASDAQ: DHRM) "Up 56.50% in morning trading"

Dehaier is an emerging leader in the development, assembly, marketing and sale of medical products, including respiratory and oxygen homecare medical products. The company develops and assembles its own branded medical devices and homecare medical products from third-party components. The company also distributes products designed and manufactured by other companies, including medical devices from IMD (Italy), Welch Allyn (USA), HEYER (Germany), Timesco (UK), eVent Medical (US) and JMS (Japan). Dehaier's technology is based on six patents and five software copyrights; additionally Dehaier has two pending software copyrights and proprietary technology.

KERYX BIOPHARMACEUTICALS INCORPORATED (NASDAQ: KERX) "Up 24.33% in morning trading"

Keryx Biopharmaceuticals is focused on the acquisition, development and commercialization of medically important pharmaceutical products for the treatment of renal disease and cancer. Keryx is developing Zerenex (ferric citrate), an oral, ferric iron-based compound that has the capacity to bind to phosphate and form non-absorbable complexes. The Phase 3 clinical program of Zerenex for the treatment of hyperphosphatemia (elevated phosphate levels) in patients with end-stage renal disease is being conducted pursuant to a Special Protocol Assessment (SPA) agreement with the FDA. Keryx is also developing KRX-0401 (perifosine), which is in Phase 3 clinical development for multiple myeloma. Keryx is headquartered in New York City.

EAST COAST DIVERSIFIED CORPORATION (OTCBB: ECDC) "Up 37.14% 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.

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