pSivida Corp. (Nasdaq:PSDV) reached up 33.18% in morning trading to $2.85 with 900K shares traded. pSivida Corp., headquartered in Watertown, MA, develops tiny, sustained release, drug delivery products designed to deliver drugs at a controlled and steady rate for months or years. pSivida is currently focused on treatment of chronic diseases of the back of the eye utilizing its core technology systems, Durasert™ and BioSilicon™. ILUVIEN® for the treatment of Diabetic Macular Edema (DME), which is licensed to Alimera Sciences, Inc., is pSivida’s most advanced product candidate. pSivida Corp. (PSDV) (PVA.AX) yesterday announced the National Security Agency of Medicines and Health Products (L’Agence Nationale de Sécurité du Médicament et des Produits de Santé) has granted marketing authorization to ILUVIEN®.
Wowjoint Holdings Limited (Nasdaq: BWOW) reached up 12.58% in morning trading to $.34 with 200K shares traded. Wowjoint is a leading provider of customized heavy duty lifting and carrying machinery used in large scale infrastructure projects such as railway, highway and bridge construction. Wowjoint's main product lines include launching gantries, tyre trolleys, special carriers, marine hoists and special purpose equipment. The Company's innovative design capabilities have resulted in patent grants and proprietary products. Wowjoint Holdings Limited (Nasdaq: BWOW, BWOWU, BWOWW) today announced that it has entered into three contracts for projects and services in China.
Allezoe Medical Holdings (OTCBB:ALZM) reached up 16.92% in morning trading to $.0076 with 4M shares traded. Allezoe Medical Holdings, Inc. is a holding company focused on acquiring the most high-quality and in demand medical products, solutions and services. Allezoe Medical Holdings (ALZM) today announced that it has entered into an agreement for the merger of HealthWatch Systems, Inc., a Florida corporation, with and into HWS Acquisition Corp., a Florida corporation and wholly-owned acquisition subsidiary of ALZM. The result of the merger will be that HealthWatchSystems, Inc. ("OVWatch") will become a wholly-owned subsidiary of ALZM and the shareholders of OVWatch, as a group, will acquire 20 percent of the outstanding stock of ALZM, post-merger, on a fully-diluted basis.
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