American Diversified Holdings Corporation (PINK: ADHC) reached up 37.50% in morning trading to $.0011 with 18M shares traded. American Diversified Holdings Corporation is a publicly traded Company headquartered in Del Mar, California. ADHC is developing a unique software platform for the Mobile Health Care Market as the medical profession gears up to go electronic for Electronic Health Records (EHR) and also for direct patient monitoring and information. American Diversified Holdings Corporation (PINK SHEETS: ADHC) announced today that it is partnering with Practice Fusion a leading developer of web-based Electronic Medical Records (EMR) systems to over 100,000 users serving over 22 million patients.
Cytomedix, Inc. (OTCBB:CMXI) reached up 14.29% in morning trading to $.64 with 120K shares traded. Cytomedix develops, sells and licenses regenerative biological therapies primarily for wound care, inflammation and angiogenesis. The Company markets the AutoloGel(TM) System, a device for the production of autologous platelet rich plasma ("PRP") gel for use on a variety of exuding wounds; the Angel(R) Whole Blood Separation System, a blood processing device and disposable products used for the separation of whole blood into red cells, platelet poor plasma ("PPP") and PRP in surgical settings; and the activAT(R) Autologous Thrombin Processing Kit, which produces autologous thrombin serum from PPP. The activAT(R) kit is sold exclusively in Europe and Canada, where it provides a completely autologous, safe alternative to bovine-derived products. The Company is pursuing a multi-faceted strategy to penetrate the chronic wound market with its products, as well as opportunities for the application of AutoloGel(TM) and PRP technology into other markets such as hair transplantation and orthopedics while actively seeking complementary products for the wound care market. Cytomedix, Inc. (OTCBB:CMXI.OB - News) announced today the execution of a letter agreement granting an undisclosed global pharmaceutical company an exclusivity period until December 31, 2011 to conduct further due diligence regarding the AutoloGel(TM) System. In exchange, Cytomedix will receive a $2 million non-refundable option fee within 15 days.
UTStarcom Holdings Corp. (NASDAQ:UTSI) reached up 10.66% in morning trading to $1.35 with 190K shares traded. UTStarcom is a leading provider of interactive, IP-based network solutions in iDTV, IPTV, Internet TV and Broadband for cable and telecom operators. The Company sells its solutions to operators in both emerging and established telecommunications and cable markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. UTStarcom Holdings Corp. (NASDAQ:UTSI - News) yesterday afternoon announced that members of its management team will participate in Citi's Greater China Investor Conference 2011 on October 17-18, 2011 in Beijing, China.
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