Dallas 9/25/2012 10:49:30 PM
News / Finance

GENE, AUGT, DARA are included in our Midday Stock Report

PennyTrader.com Presents Today’s Midday Stock Report: GENE, AUGT, DARA

Genetic Technologies (NASDAQ: GENE) reached up 22.99% in morning trading to $4.1201 with 1.5M shares traded. Genetic Technologies is an established diagnostics company with more than 20 years of experience in commercializing genetic testing, non-coding DNA and product patenting. The Company has operations in Australia and the U.S. and is dual-listed on the ASX (GTG.AX) and NASDAQ (GENE). Genetic Technologies is focused on the commercialization of its patent portfolio through an active out-licensing program and the global expansion of its oncology and cancer management diagnostics assets. Its U.S. subsidiary, Phenogen Sciences, offers novel predictive testing and assessment tools to help physicians proactively manage women's health. Phenogen's lead product, BREVAGen™, is a first in class, clinically validated risk assessment test for non-familial breast cancer. Genetic Technologies Limited announce that BREVAGen™ has been cleared for sale into the State of Florida following the grant of a permit to the Company's Australian-based laboratory by the Clinical Laboratory Unit of the Florida Agency for Healthcare Administration ("AHCA").

Augme® Technologies, Inc. (OTCBB:AUGT) reached up 15.38% in morning trading to $1.11 with 160K shares traded. Augme® Technologies, Inc. provides strategic services and mobile marketing technology to leading consumer and healthcare brands. Selling its products and services under the Hipcricket brand, Augme's platform has provided measurable successes in over 200,000 campaigns for its clients, which include many of America's brand-name leaders (e.g., Macy's, MillerCoors, Nestle, Clear Channel) in a variety of industries, along with their agencies. Hipcricket® (“Hipcricket”), the one-stop mobile marketing and advertising subsidiary of Augme® Technologies, Inc. (OTCBB:AUGT), today announced that Monumental Sports & Entertainment, one of America’s largest integrated sports and entertainment companies and owners of the Washington Capitals (NHL), Washington Wizards (NBA), Washington Mystics (WNBA) and the Verizon Center arena, has chosen Hipcricket to power fan and patron mobile engagement programs.

DARA BioSciences, Inc. (NASDAQ: DARA) reached up 8.33% in morning trading to $1.17 with 1M shares traded. DARA is a specialty pharmaceutical company focused on the development and commercialization of oncology treatment and supportive care products. DARA increased its focus in oncology through its January 2012 acquisition of Oncogenerix, Inc., which holds the exclusive U.S. marketing rights to Soltamox®, a novel oral liquid formulation of tamoxifen citrate which is widely used in the treatment and prevention of breast cancer. Soltamox is the only FDA-approved oral liquid version of tamoxifen citrate and fulfills a vital clinical need for patients who cannot tolerate existing solid tablet formulations of this drug. Additionally, in June 2012, DARA launched its first product, Bionect®, a topical treatment for skin irritation and burns associated with radiation therapy. Most recently, in September 2012, DARA entered into an exclusive agreement with the Helsinn Group of Switzerland for U.S. commercial rights to Gelclair®, an FDA-cleared product for the treatment of oral mucositis. DARA plans to launch Gelclair in the first quarter of 2013. DARA BioSciences, Inc. (NASDAQ: DARA) announced today it has a completed a series of agreements with a number of specialty pharmacy providers, leading group purchasing organizations (GPOs), retail partners, reimbursement experts, and an industry-leading third-party logistics provider. DARA believes these agreements provide the company comprehensive commercial coverage across the national oncology market.

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