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Our Stocks to Watch tomorrow include Global IT Holdings Inc. (OTC: GITH), Universal Detection Technology Inc. (OTCBB: UNDT), Dynavax Technologies Corp. (Nasdaq: DVAX), Generex Biotechnology Corp. (Nasdaq: GNBT) and Discovery Laboratories Inc. (Nasdaq: DSCO). Visit http://www.otcpicks.com/microcap.htm to register for our Daily Market Mover's Digest Newsletter, and Email Stock Watch Alerts.
GLOBAL IT HOLDINGS INCORPORATED (OTC: GITH) "Up 200.00% on Thursday" Global IT Holdings, Inc. provides a range of specialized staffing and project implementation services and products in the United States. The company primarily provides short-term and long-term IT staffing services at client locations primarily in the Northeast, in New York and New Jersey. It provides developers, technical support personnel, systems consultants and analysts, software engineers, technical writers and architects, and project managers for a range of technical assignments, including client server, mainframe, desktop and help desk services, and Internet/intranet projects. The company primarily serves the financial services, telecommunications, manufacturing, information technology, government, pharmaceutical, transportation, and health care sectors. The company was incorporated in 1983 and is headquartered in New York, New York.
UNIVERSAL DETECTION TECHNOLOGY (OTCBB: UNDT) "Up 15.22% on Thursday" Universal Detection Technology is a developer of monitoring technologies, including bioterrorism detection devices. The company on its own and with development partners is positioned to capitalize on opportunities related to Homeland Security. For example, the company, in cooperation with NASA, has developed a bacterial spore detector that detects certain biohazard substances. The company is also a reseller of handheld assays used for detection of five bioterrorism agents, radiation detection systems, and antimicrobial products.
DYNAVAX TECHNOLOGIES INCORPORATED (NASDAQ: DVAX) "Up 45.71% on Thursday" Dynavax Technologies Corporation, a clinical-stage biopharmaceutical company, discovers and develops a diversified pipeline of novel Toll-like Receptor (TLR) based product candidates. Based on Dynavax’s proprietary technologies, these products specifically modify the innate immune response to infectious, respiratory, autoimmune, and inflammatory diseases. Dynavax has partnerships with leading pharmaceutical companies such as GlaxoSmithKline, AstraZeneca, and Novartis as well as funding from Symphony Dynamo, Inc. and the National Institutes of Health.
GENEREX BIOTECHNOLOGY CORPORATION (NASDAQ: GNBT) "Up 22.06% on Thursday" Generex is engaged in the research, development and commercialization of drug delivery systems and technologies. Generex has developed a proprietary platform technology for the delivery of drugs into the human body through the oral cavity (with no deposit in the lungs). The Company's proprietary liquid formulations allow drugs typically administered by injection to be absorbed into the body by the lining of the inner mouth using the Company's proprietary RapidMist™ device. The Company's flagship product, oral insulin (Generex Oral-lyn™), which is available for sale in India and Ecuador for the treatment of subjects with Type-1 and Type-2 diabetes, is in Phase III clinical trials at several sites around the world.
DISCOVERY LABS INCORPORATED (NASDAQ: DSCO) "Up 47.92% on Thursday" Discovery Laboratories, Inc. is a biotechnology company developing Surfactant Therapies for respiratory diseases. Surfactants are produced naturally in the lungs and are essential for breathing. Discovery Labs' novel proprietary KL4 Surfactant Technology produces a synthetic, peptide-containing surfactant that is structurally similar to pulmonary surfactant and is being developed in liquid, aerosol or lyophilized formulations. In addition, Discovery Labs' proprietary Capillary Aerosolization Technology produces a dense aerosol, with a defined particle size that is capable of potentially delivering aerosolized KL4 surfactant to the deep lung without the complications currently associated with liquid surfactant administration. Discovery Labs is focused initially on developing its KL4 surfactant pipeline to build a pediatric franchise that will potentially address several respiratory conditions affecting neonates and young children, beginning with Respiratory Distress Syndrome (RDS).
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