News / Finance
WhisperfromWallStreet.com "Early Morning Gainers" - Genetic Technologies Ltd,GENE - Exelixis, Inc.,EXEL - TORCH ENERGY TRUST.TRU
Genetic Technologies Limited,Exelixis, Inc.,Torch Energy Royalty Trust
Genetic Technologies Ltd,GENE
Genetic Technologies Limited, a life science company, focuses on the fields of genetics and genomics primarily in Australia. It commercializes and licenses intellectual property relating to non-coding DNA. The company owns patents in the areas of human, animal and plant genetic diagnostics, and genomics. Genetic Technologies also provides genetic testing services on a fee-for-service basis on humans, plants, and animals and includes human diagnostics, forensics, and animal pedigree tests. The company has licenses from Myriad Genetics, Inc. to perform DNA testing for susceptibility to a range of cancers and from Bionomics Limited for the commercialization of the diagnostic genetic test for the condition severe myoclonic epilepsy in infancy. Genetic Technologies Limited was founded in 1989 and is headquartered in Fitzroy, Australia.
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Exelixis, Inc.,EXEL
Exelixis, Inc. discovers and develops small molecule drugs for the treatment of cancer, and various metabolic and cardiovascular disorders. Its products include XL184, a Phase 3 clinical trial compound that inhibits MET, RET, and VEGFR2, which drive tumor growth and vascularization, as well as Phase 1b/2 clinical trials compounds, including XL147 that targets phosphoinosotide-3 kinase (PI3K); and XL765, which targets PI3K and mTOR, kinases in the PI3K signaling pathway. The company has various compounds in phase 1 clinical trials, including XL518, a small molecule inhibitor of the MEK, a component of the RAS/RAF/MEK/ERK signaling pathway; XL228, which targets insulin-like growth factor type 1 receptor, an RTK in a range of human tumors; XL019 that inhibits JAK2, a cytoplasmic tyrosine; XL139, which inhibits activation of Hedgehog signaling; XL413, a small molecule inhibitor of the serine-threonine kinase CDC7; and XL888, a synthetic inhibitor of HSP90, a chaperone protein that promotes the activity and stability of a range of regulatory proteins, including kinases
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TORCH ENERGY TRUST.TRU
Torch Energy Royalty Trust, a grantor trust, holds net profits interests, to receive payments from Torch Royalty Company and Velasco Gas Company, Ltd. Net profits interests entitle the trust to receive 95% of the net proceeds attributable to oil and gas produced and sold from wells on the underlying properties. These underlying properties include Chalkley Field in Cameron Parish, Louisiana; Robinson?s Bend Field in the Black Warrior Basin of Alabama; Cotton Valley Fields in Texas; and Austin Chalk Fields in Central Texas. The company was founded in 1993 and is based in Wilmington, Delaware.
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