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May 2013
International Stem Cell’s recent Q1 financial release emphasizes the critical contribution of the company’s two subsidiaries, Lifeline Cell Technologies and Lifeline Skin Care, in supporting the continued development and application of parthenogenetic stem cell technology. The company has made considerable progress, demonstrating to the scientific community how neuronal cells based on their proprietary stem cell platform can be used to treat Parkinson’s disease. It’s important progress that is being financially backed by healthy subsidiary generated revenue, with sales growth and efficiencies that reflect ongoing marketing and operational improvements.
Lifeline Skin Care technology is based on discoveries made by ISCO research scientists working on cures for diabetes and Parkinson’s disease. Their skin care creams are unlike any other, and represent the only products in the world that use human, non-embryonic stem cell extracts. By combining the latest in stem cell biology and nanotechnology, the company has created the highest quality, scientifically tested, most effective anti-aging skin care formulations available anywhere. It represents a compelling market presence that continues to grow revenue, which in turn allows ISCO’s life-saving research to move forward.
Lifeline Cell Technology has long been accepted in the marketplace as the place to go for all types of purified primary human cells and reagents. Offering an extensive list of cell and tissue types, along with cell culture media and other products, the company has become an industry leader, known for its meticulous quality testing, constant innovation, and a passion for customer and technical care. Lifeline Cell Technology has actually developed many of the human cell systems and quality standards used today in academic, government, and pharmaceutical laboratories to study human disease, with the company’s strong reputation fueling impressive revenue growth that supports much of ISCO’s work.
For additional information, visit www.InternationalStemCell.com
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Rare Element Resources, which was essentially formed to develop the Bear Lodge Critical Rare Earth Project, reported today that the company has now secured proper notice from the U.S. Forest Service that their plan of operations for the project passes muster for NEPA process (impact and mitigation analysis) formal proceedings to begin.
Extensive USGS data has confirmed estimates of the Bear Lodge site potential, making it one of the biggest deposits of disseminated rare-earth elements in all of North America and there is some good gold and copper mineralization here as well. The plan of operations provides a comprehensive blueprint outlining affected areas and the anticipated environmental protection requirements, in addition to a detail run-down of the proposed operations and the plan will be available on the Rare Element Resources website as early as this June 1.
COO of REE, Jaye Pickarts, happily noted that today’s announcement clears the way for the next phase of development at Bear Lodge and made sure to thank the Bear Lodge District Forest Service, as well as U.S. Forest Service officials (whose job it is to ensure NEPA process compliance), for their efforts in carefully reviewing the proposed plan. The plan packs in all of the laborious environmental/engineering work done thus far on Bear Lodge and REE is set up really nicely here for the upcoming EIS (environmental impact statement), which will form a major part of the NEPA process.
Pickarts pledged that REE will continue to fully support the NEPA process moving forward with all the technical help they are able to assemble and he then doubled-down on REE’s commitment to assisting Forest Service personnel, as well as other state and federal agencies as the project advances.
President and CEO of REE, Randall Scott, called today’s announcement a major environmental and project milestone, tipping his hat to investors about how fortunate REE is to have a lock on this exceptional resource site in the mining-friendly state of Wyoming. Scott pointed to superb logistics, existing infrastructure, and the rich pool of talented personnel available in northeast Wyoming as positive leading indicators of developmental success, underscoring the diligent engagement of state officials, business leaders, and area residents by the company, all of whom Scott was confident understood the vast benefits of properly executed natural resource development like this.
Bear Lodge has a bunch of the critical rare earths we need to fuel the domestic economy in coming decades and with the global market supply for rare earths increasingly scarce, as more hands chase fewer inputs, the project is also of strategic importance for the U.S. economy as a whole. Electronics of every sort, fiber optics, hybrid cars, solar panels, and a variety of other high-tech applications are generating unprecedented global demand for rare earths, especially the rarer kinds available in abundance at Bear Lodge and it is reassuring to know that permitting and feasibility are already well underway.
To learn more about Rare Element Resources, visit www.RareElementResources.com
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On May 23, 2013, pSivida Corp. published a new blog post on The Chairman’s Blog entitled “Big and Small Picture,” penned by company President and CEO Dr. Paul Ashton. Located at TheChairmansBlog.com, The Chairman’s Blog is an exclusive online media publication offering key executives a platform for sharing insights about their companies and industry trends.
In the newly published blog, Dr. Ashton elaborates on the age-related macular degeneration (AMD) and chronic diabetic macular edema (DME) markets, as well as competitors in the space. He also provides an overview of recent news relating to the company’s ILUVIEN, which is a sustained-release insert that has been approved in Europe for chronic DME. Ashton further explains the company’s profit split with ILUVIEN’s licensee, Alimera Sciences.
In addition to enabling upper-tier management to discuss issues of importance to their stakeholders, shareholders, and other interested parties, TheChairmansBlog.com features articles on such topics as finance, technology, health and energy, which have been contributed by staff and aggregate partners. The site additionally provides updated market trends, news and information.
Headquartered in Watertown, Mass., pSivida Corp. specializes in the development of tiny, sustained-release drug delivery products that are designed to release drugs at a controlled and steady rate over the course of months or years. The company is presently focused on treating chronic diseases of the back of the eye, utilizing Durasert and BioSilicon, its core technology systems. The company also has two FDA-approved products, Vitrasert and Retisert, which are licensed to Bausch & Lomb. pSivida has licensed ILUVIEN for DME to Alimera Sciences, and that product has been granted marketing authorization in Austria, France, Germany, Portugal, Spain, and the United Kingdom.
The company additionally has clinical trials ongoing for the treatment of posterior uveitis and glaucoma and ocular hypertension. Other technologies the company has in development include protein and antibody delivery systems, which are in early clinical stages. For more information, visit www.pSivida.com
To read Dr. Paul Ashton’s full blog post, visit www.TheChairmansBlog.com
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StreamTrack, a digital media and technology services company, provides audio and video streaming and advertising services through its RadioLoyalty™ Platform to a global group of internet and terrestrial radio stations, internet radio guides, and other broadcast content providers. The company’s platform powers a web-based and mobile player that manages streaming audio and video content, social media engagement, and ad serving.
StreamTrack offers its platform directly to broadcasters and integrates or white labels its technologies with web-based internet radio guides and other web-based content providers. With StreamTrack technology, broadcasters and publishers are able to maximize their revenue while decreasing expenses, while advertisers are provided with a cost-effective means to reach their target audience from one source at scale.
WatchThis™, StreamTrack’s patent-pending technology designed to provide web, mobile, and IP television streaming services that are e-commerce enabled within streamed content, could revolutionize the entertainment industry by combining original network content with interactive product placement. Recognizing the convergence of traditional televised advertisement and internet technology, StreamTrack is advancing its WatchThis™ technology to lead the revolution taking place.
StreamTrack is dedicated to continually creating and managing innovative technology products to provide broadcasters and content owners the most advanced solutions available in the marketplace. Fully committed to also increasing and protecting shareholder value, the management team carefully executes operational, development, and marketing programs with the primary aim of maximizing the company’s growth potential and profitability.
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CRAiLAR Technologies announced that it has joined the Sustainable
Apparel Coalition (SAC). The company will use the group’s sustainability
measurement tool, the Higg Index, to measure environmental responsibility
across its agriculture and manufacturing processes.
“We welcome CRAiLAR to the Coalition, and look forward to their participation in this industry-wide effort in sustainability, ” said Coalition Executive Director Jason Kibbey. “Having CRAiLAR as part of the Coalition…accelerates the change we’re making towards responsible industry actions.”
The Higg Index is an open source, indicator-based tool that allows suppliers, manufacturers, brands, and retailers to evaluate materials, products, facilities, and processes based on environmental and design choices. CRAiLAR will contribute data and resources to support the Higg Index in an effort to make its supply chain decision-making more efficient and environmentally sustainable.
“With the SAC’s leadership position in the apparel and textiles sectors, we are pleased to contribute to a model for how industries can collaborate in making a positive impact on value chain performance,” said Ken Barker, CRAiLAR’s CEO. “CRAiLAR Flax is a natural fiber that can make an immediate and dramatic impact on product sustainability, a priority of SAC members and non-members alike.”
CRAiLAR joins more than 90 global brands, retailers and manufacturers, governments, non-profit environmental organizations, and academic institutions committed to improving supply chain sustainability in the apparel and footwear industries. For more information on SAC, the complete Higg Index, and a full list of members, please visit www.apparelcoalition.org.
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ECOtality yesterday announced that it was unveiling its new line of
home electric vehicle (EV) chargers. The Blink HQ family of Level 2 EV chargers
will each come bundled with a free membership to the Blink Network as well as a
$100 charging credit.
ECOtality is focused on developing and marketing ecologically-friendly energy products, such as its flagship line of Blink products, which allow for electric vehicle charging. The company also develops Minit Charger products that allow for EV charging in industrial environments. ECOtality also maintains two wholly owned and independently operated subsidiaries: Innergy Power and Fuel Cell Store.
The new Blink HQ products, which launch in Summer of 2013, will offer consumers several benefits. Including the aforementioned membership and credit bundle, the Level 2 chargers will allow for EV charging at a rate of four times faster than Level 1 chargers, and the ability to connect the home charger to one of more than 4,000 publicly available charging stations.
Ravi Brar, CEO of ECOtality, said, “Our premiere line of Blink HQ home charging products offer EV drivers exactly what they’ve been asking for: connection to the Blink Network, freedom to charge at home at their convenience and unprecedented value. As EV sales continue their rapid growth, ECOtality is meeting the need for smart, programmable and affordable quick chargers in the home. We see a clear connection between charging at home, at work, while shopping or on the road during a trip. Having Blink HQ home charging products in EV drivers’ homes, bundled with a membership, will help support our growth and generate an annuity base as the number of EV drivers grows.”
For more information, visit www.ecotality.com
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Location Based Technologies, a provider of GPS tracking devices, has
received a 5 star product review for its PocketFinder personal locator from
MacReview.com, which publishes a range of product reviews/ratings.
In its review, MacReview highlights the PocketFinder device features and calls the PocketFinder iOS app, “One of the most comprehensive apps of this type we’ve ever seen.”
In addition to voicing its favor of the app’s usability, design, and other features, the review lists several pros of the GPS location device and notes that there are no cons.
“We are extremely proud to receive such high praise from MacReview.com,” Location Based Technologies’ CEO Dave Morse stated in the press release. “LBT has consistently focused on the needs and wants of our customers – consumer and commercial. We believe that our products are the best GPS products in the world as they have been designed to enhance customers’ lives by simplifying the way that they are able to stay connected to the people and things that are important to them.”
LBT’s products and services are applicable to a wide range of businesses, including asset tracking, freight and trucking companies, and in highly mobile situations such as emergency response.
For more information visit: www.pocketfinder.com or www.locationbasedtech.com
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Cardium Therapeutics announced earlier this year that it had arranged
a distribution venture with Academy Medical for marketing, sale, and
distribution of Excellagen, an FDA-cleared advanced gel with the ability to
speed up the healing of various wounds. Perhaps the most important aspect of
the agreement was the size of the customer base that it represents.
Academy Medical is a certified Veteran Owned Small Business, specializing in the distribution of medical products to Department of Veterans Affairs and Department of Defense hospitals and community-based outpatient clinics. The company is the largest distributor of biologics on the Federal Supply Schedule, and the agreement covers the Veterans Administration (VA) healthcare system and military hospitals.
The VA operates the biggest integrated healthcare system in the country, providing care to over 6 million patients and backed up by a budget of more than $50 billion. Their hospital network of 152 major medical centers and 800 community-based outpatient clinics handles approximately 900,000 inpatient hospital admissions each year, and nearly 80 million outpatient visits. With many of the health issues treated involving some form of wound care, Excellagen’s cost effectiveness, ease of use, and ability to hasten wound healing, make it an ideal match.
Cardium CEO, Christopher Reinhardt, commented on how the agreement fits into Cardium’s overall strategic plan for Excellagen: “As the U.S. healthcare market continues to expand due to the aging population and with the implementation of the Affordable Care Act, simpler-use and more cost-effective medical products like Excellagen have an opportunity to expand and grow within outcomes-oriented healthcare settings. Our agreement with Academy Medical expands Cardium’s tactical access and distribution capabilities for Excellagen as we advance forward with our planned U.S. strategic partnering activities. We are in discussions with potential strategic partners to establish representation, marketing and sales, or co-promotional arrangements along four U.S. vertical wound healing market channels: (1) podiatry, (2) wound care centers, hospitals, and long-term care facilities, (3) government medical service providers; and (4) dermatology.”
For additional information, visit www.CardiumTHX.com
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Leader in the field of regenerative medicine, Advanced Cell Technology today announced the appointment of Edward “Ted” Myles, CPA, as Chief Financial Officer and as Executive Vice President of Corporate Development. Myles will bring nearly 20 years of progressive finance and operations expertise in the life sciences industry.
Gary Rabin, chairman and CEO of ACT, stated, “Ted joins our team as we plan to list our stock on a national exchange and expand our shareholder base. Our ongoing clinical activities and pre-clinical research show promising results, and it is imperative that the operating team of the Company continue to support these exciting developments.” Rabin continues, “Ted’s experience engaging the life sciences investment community and leading corporate development and operational activities will enhance our ability to advance these programs so that we can continue to achieve clinical milestones.”
Myles commented, “ACT has made remarkable progress resolving the corporate issues that hindered the Company in the past. This provides a sound foundation from which we can build long-term relationships with institutional investors as ACT advances its promising clinical and pre-clinical programs. I look forward to working with the ACT team and with all of the Company’s stakeholders.”
Myles will be coming over from PrimeraDx, a privately held molecular diagnostics company where he sat as Chief Financial Officer and as Vice President of Operations. First joining the company in 2008, Myles helped to bring PrimeraDx to market from first conception. Prior to PrimeraDx, he served as Chief Financial Officer and Senior Vice President of life science tools company, Pressure BioSciences. While there he oversaw all compliance activities, investor relations, and oversaw many company transitions.
Earlier on in Myles career, he held financial roles with companies such as EMD Pharmaceuticals, SG Cowen Securities Corporation, Boston Biomedica, and PriceWaterhouseCoopers. Additionally he holds a master’s degree from Washington University in St. Louis in business administration with an emphasis on strategy and corporate finance. He also holds a bachelor’s degree in business administration from the University of Hartford. Myles became a Certified Public Accountant in 1996.
For more information, visit www.advancedcell.com
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Recycled plastic and plastic composite technologies leader AXION International Holdings announced it has received a purchase order from Edmonton Light Rail Transit, a new customer, for ECOTRAX specialty rail ties. Edmonton Light Rail Transit will utilize AXION’s composite rail ties – made from the company’s patented, 100% recycled plastic formulation – where the transit line’s rail tracks intersect with roads.
More than 150,000 pounds of plastic was removed from the landfill stream and converted into high-performance ties in filling this purchase order. Impervious to insect infestation, ECOTRAX rail ties will also not rot or absorb moisture. The ties meet and exceed all specifications of the American Railway Engineering and Maintenance-of-Way Association and are tested continuously at third-party laboratories and in track.
Edmonton Light Rail Transit will be AXION’s third Canadian customer, joining the numerous transit lines throughout the world that have installed ECOTRAX.
In contrast with traditional wood ties, ECOTRAX ties offer unique benefits and advantages for cold northern climates. Salt, which is regularly used for road safety in heavy snowfall and ice formation during winter months, can damage and reduce the life of traditional wood ties when it becomes entrapped under road crossings. ECOTRAX ties, however, are fully resistant to salt. Because they’re not porous and do not absorb moisture, ECOTRAX ties also stand up to freeze-thaw cycles, during which water gets into wood, freezes and then thaws again – resulting in the weakening and rapid deterioration of traditional wood ties. Offering longevity, ECOTRAX provides customers with a higher ROI as well as the added environmental benefits of recycling plastic waste and reducing the harvesting of trees.
“We are pleased to have the opportunity to work with Edmonton on their first purchase order of ECOTRAX ties, which are engineered to deliver high value and durability – particularly in road crossing applications in northern climates,” said AXION’s ECOTRAX Sales Manager Cory Burdick.
“We’re encouraged by the number of new customers purchasing and installing ECOTRAX,” added AXION President and CEO Steve Silverman. “The ROI metrics of our composite ties are becoming very clear to purchasing decision makers. With every purchase order, we display AXION’s capacity to consistently manufacture product to the highest specifications in the industry and deliver on, or ahead of, schedule.”
A green technology company, AXION is engaged in transforming waste plastics into structural building materials. Utilizing consumer and industrial plastics that are 100% recycled, AXION develops, markets, and sells its recycled structural composite products through its ECOTRAX composite rail tie and STRUXURE building material product lines. AXION provides tested and proven superior green solutions for infrastructure needs throughout the world – from the railroading industry to the military and global engineering firms.
For more information, visit www.AXIH.com
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