Dallas, TX 10/30/2008 7:22:18 AM
News / Finance

OTCPicks.com Stocks to Watch for Thursday, October 30th WHRTD, PASO, CPCF, AVRX

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Our Stocks to Watch tomorrow include WorldHeart Corp. (Nasdaq: WHRTD), Patient Access Solutions Inc. (OTCBB: PASO), CPC of America Inc. (OTCBB: CPCF) and Avalon Pharmaceuticals Inc. (Nasdaq: AVRX).

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WORLDHEART CORPORATION (NASDAQ: WHRTD)

"Up 100.00% on Wednesday"

WorldHeart is a developer of mechanical circulatory support systems. WorldHeart is headquartered in Oakland, California, USA with additional facilities in Salt Lake City, Utah and Herkenbosch, The Netherlands. WorldHeart's registered office is in Ottawa, Ontario, Canada.

PATIENT ACCESS SOLUTIONS INCORPORATED (OTCBB: PASO)

"Up 90.48% on Wednesday"

Patient Access Solutions Inc. (PASHealth) is a Healthcare Solutions company which has created a formidable array of technology, resources and allies to enable it to become an agent of radical change in what has traditionally been a slowly evolving healthcare environment. The PASHealth Web Portal System and terminal based solutions offer electronic medical eligibility, electronic referrals, and service authorizations, electronic claims processing, drug formularies, electronic prescriptions, electronic medical records and patient data, automating the labor intensive and expensive manual process currently used by many facilities and healthcare providers. Our D-PAS product utilizes digital pen & paper technology, to capture handwritten information from the doctor or office personnel, transfer it into a digital form into the PAS web portal and utilize the data to initiate workflows in a secure environment. A patient's medical history and patient records are used to initiate necessary workflows within the web portal, securely and much more efficiently, empowering the healthcare business process. In addition, the Web Portal System offers a complete suite of self pay receivable management solutions for the healthcare facilities.

CPC OF AMERICA INCORPORATED (OTCBB: CPCF)

"Up 58.23% on Wednesday"

CPC of America develops therapeutic devices for use in endovascular procedures. CPC's current focus is the completion of development and testing of the MedClose™ vascular closure system, an internal puncture-closing system for use in catheter laboratories.

AVALON PHARMACEUTICALS INCORPORATED (NASDAQ: AVRX)

"Up 50.00% on Wednesday"

Avalon is a biopharmaceutical company focused on the discovery, development and commercialization of first-in-class cancer therapeutics. AvalonRx® is the company's proprietary platform which is based on large-scale biomarker identification and monitoring, used to discover and develop therapeutics for pathways that have historically been characterized as "undruggable." Avalon is headquartered in Germantown, MD.

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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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