DALLAS, Texas 6/1/2009 10:32:53 PM
News / Finance

Stock Alerts on Monday’s Market Movers for June 01

Beacon Equity Research announces the release of Stock Alerts covering Monday’s market movers:  Advaxis Inc. (OTCBB: ADXS), Keryx Biopharmaceuticals Inc. (Nasdaq: KERX), General Motors Corp. (NYSE: GM) and Cell Therapeutics Inc. (Nasdaq: CTIC).

 

The stock alert features the most recent headlines, share price and technical analysis for each covered company. The full alert, as well as other articles, market research and more can be found at BeaconEquity.com

 

In the Stock Alert, the author highlights Advaxis obtaining a U.S. Patent and Trademark Office approval for Act-A Protein Patent-Pending Rights:

 

Advaxis Inc. (OTCBB: ADXS) shares soared 18.54% this morning, trading at 17 cents. Advaxis engages in the research and development of new cancer-fighting techniques primarily in the United States. The company recently announced it obtained a U.S. Patent and Trademark Office approval on its patent-application Compositions and Methods for Enhancing the Immunogenicity of Antigens, which covers the use of Listeria monocytogenes (Lm) protein ActA and fragments of this protein for use in the creation of antigen fusion proteins. According to its release, the ActA protein has been found to possess immuno-adjuvant properties. The company's proprietary technology is based, in part, upon bioengineered Lm that secretes antigen-adjuvant fusion proteins.

 

The Stock Alert author also featured Keryx Biopharmaceuticals’ phase 2 data of KRX-0401 for advanced metastatic renal cell cancer treatment:

Keryx Biopharmaceuticals Inc. (Nasdaq: KERX) shares skyrocketed 91.43% to $1.34 in today’s early trading. Keryx Biopharmaceuticals focuses on the acquisition, development and commercialization of pharmaceutical products for the treatment of life-threatening diseases, including renal disease and cancer. New York-based Keryx Biopharmaceuticals recently announced phase 2 data of KRX-0401 for advanced metastatic renal cell cancer treatment. According to its report, KRX-0401 is an oral anti-cancer agent that modulates Akt, and various other key signal transduction pathways, including the JNK and MAPK pathways, which are pathways associated with programmed cell death, cell growth, cell differentiation and cell survival. … The study enrolled a total of 50 patients, of which 46 patients were evaluable for response. Evaluable patients were defined as those who had greater than seven days of treatment.


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Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com