Vical Incorporated (Nasdaq: VICL) $2.20. Today announced the issuance of U.S. Patent No. 7,537,768 covering the use of influenza virus gene sequences in a universal vaccine that could provide protection against circulating seasonal strains as well as emerging pandemic strains of influenza viruses.
Vical has patented a new influenza vaccine approach based on portions of the virus which are much more consistent between strains than the constantly changing conventional vaccine target, hemagglutinin (HA), and which are highly conserved even between seasonal and potentially pandemic emerging strains.
What They Do: Vical researches and develops biopharmaceutical products based on its patented DNA delivery technologies for the prevention and treatment of serious or life-threatening diseases.
Celsion Corporation (Nasdaq: CLSN) $4.55. Today announced that the Company has received $15 million from Boston Scientific for the previously reported sale of its Prolieve Assets. This payment was the third and final payment to Celsion for a total of $60 million.
What They Do: Celsion is dedicated to the development and commercialization of innovative oncology drugs including tumor-targeting treatments using focused heat energy in combination with heat-activated drug delivery systems.
CoalLogix, owned by Acorn Energy (Nasdaq: ACFN) $2.59, and EnerTech Capital, Announced yesterday that Randy Sadler has joined the company as its Director of Sales and Marketing for North America. CoaLogix is proud to welcome Mr. Sadler, a dynamic professional who will help guide the Company's continued growth.
Mike Mattes, Executive Vice President of CoaLogix, stated "We are excited and extremely pleased to have Randy join our team. He brings extensive knowledge of the Selective Catalyst Reduction (SCR) industry and clean coal technologies. Randy will be an integral part meeting our customers needs in the SCR market and facilitating the continued growth and success of CoaLogix."
What They Do: Acorn Energy, Inc. is a publicly-traded holding company with equity interests in CoaLogix, Coreworx, DSIT and GridSense. These companies leverage advanced technologies to transform and upgrade the energy infrastructure around the world.
CECO Environmental Corp. (Nasdaq: CECE) $3.41. Today announced that it has received two new orders totaling approximately $4.7 million. Rick Blum, President and Chief Operating Officer, stated, "These orders were secured by two units of our equipment group. They are orders for equipment that will be delivered to customers in the power industry."
Phillip DeZwirek, Chairman and Chief Executive Officer, stated, "The larger of the two orders is for equipment that will be delivered to a customer in South America. We are continuing to build the international component of our business. We see great opportunities in the power industry around the world."
What They Do: CECO Environmental Corp. is North America's largest independent air pollution control company.
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