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GenVec, Inc. (Nasdaq: GNVC) $0.80. Today announced that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation to TNFerade for the treatment of pancreatic cancer.
What They Do: GenVec, Inc. is a biopharmaceutical company developing novel therapeutic drugs and vaccines.
Almost Family, Inc. (Nasdaq: AFAM) $31.64. Today announced its financial results for the three months ended September 30, 2009. Net service revenues increased 31% to $76.3 million.
- Visiting Nurse (VN) segment net revenues rose 35% to $65.7 million.
- Quarterly operating cash flow of $7.8 million - strongest in the Company's history
- Net income increased 31% to $6.2 million.
- Diluted EPS increased 30% to $0.73 per share.
- Raised $28 million in the Company's Equity Distribution Program -- cash on hand plus bank credit facility make $80 million available to fund acquisitions.
What They Do: Almost Family, Inc., is a leading regional provider of home health nursing services, with branch locations in Florida, Kentucky, Connecticut, New Jersey, Ohio, Massachusetts, Alabama, Missouri, Illinois, Pennsylvania, and Indiana (in order of revenue significance).
ADC (Nasdaq: ADCT) $6.48. Today announced its OmniReach® Hub-in-a-Pedestal (HIP) fiber distribution hub, OmniReach Passive Optical Splitter Modules, Fiber Cable Assemblies and Value-added Module VAM system have been accepted by the USDA Rural Development Telecommunications program, allowing ADC`s products to be used in the expansion of broadband services to underserved and rural communities.
What They Do: ADC provides the connections for wireline, wireless, cable, broadcast, and enterprise networks around the world.
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