Dallas 12/13/2011 1:06:18 AM
News / Stocks

OXGN, AMWI, ORRV and AFFY are the Daily Market Movers for December 12th from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers OXGN, AMWI, ORRV and AFFY

OXIGENE INCORPORATED (NASDAQ: OXGN) "Up 23.76% in morning trading"

OXiGENE, Inc. develops small-molecule therapeutics to treat cancer and eye diseases in the United States. It focuses on the development and commercialization of drug candidates that disrupt abnormal blood vessels associated with solid tumor progression and visual impairment in ocular diseases. The company's product ZYBRESTAT, is in Phase II/III pivotal registration study as a potential treatment for anaplastic thyroid cancer, as well as in Phase Ib and II clinical trials for other solid tumors, including non-small cell lung cancer, platinum resistant ovarian cancer, and head-and-neck cancer. It also develops a topical formulation of ZYBRESTAT for ophthalmological diseases and conditions, such as age-related macular degeneration. In addition, OXiGENE develops OXi4503, an ortho-quinone prodrug, which is in Phase I clinical trial for solid tumors. The company was founded in 1988 and is headquartered in Waltham, Massachusetts.

AMWEST IMAGING INCORPORATED (OTCBB: AMWI) "Up 30.14% in morning trading"

Amwest Imaging Incorporated, a development stage company, focuses on helping companies become efficient through digital conversion and indexing of documentation. Its target markets include state and local governments, the medical field, construction industry, legal firms, and other business that have storage and retrieval needs. The company was founded in April 2010 and is based in Las Vegas, Nevada.

OCEANIC RESEARCH & RECOVERY INCORPORATED (OTC: ORRV) "Up 28.57% in morning trading"

Oceanic Research and Recovery Inc. is engaged in the exploration of shipwrecks and has multiple shipwreck projects in various stages of development around the world.

AFFYMAX INCORPORATED (NASDAQ: AFFY) "Up 6.02% in morning trading"

Affymax, Inc. is a biopharmaceutical company committed to developing novel drugs to improve the treatment of serious and often life-threatening conditions. For additional information, visit www.affymax.com.

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