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(EMAILWIRE.COM, August 27, 2009 ) DALLAS - InvestorSoup.com.com announces an investment report featuring Power3 Medical Products Inc. (OTC: PWRM).
The investment report on Power3 Medical Products Inc. (OTC: PWRM) should be of particular interest to companies engaged in medical research: Encorium Group Inc. (NASDAQ:ENCO), Health Discovery Corp. (OTC: HDVY), Neurologix, Inc. (OTC: NRGX), Bio-Path Holdings Inc. (OTC: BPTH) and Averion Intl. Corp. (OCT: AVRO).
It is available at: PWRM'>http://www.investorsoup.com/lp/PWRM
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Power3 Medical Products Inc. (OCT: PWRM) engages in commercializing intellectual properties (IPs) in the diagnosis and treatment of breast cancer, Amyotrophic Lateral Sclerosis (ALS), AlzheimerÂ’s disease and ParkinsonÂ’s disease. PWRMÂ’s research platform is centered on the study of proteomics, the science of protein interactions within living cells. The Company identifies biomarkers (patterns of proteins associated with disease) and applies them to screening, diagnostics and drug targets.
In the report, the analyst notes:
“In September 2008, PWRM’s CEO and chairman of the board Steven Rash resigned from both positions. Ira Goldknopf (formerly the Company’s chief scientific officer) was appointed as president and interim chairman of the board; and Helen Park was appointed interim CEO. Under the restructured management, the Company implemented a new strategy focusing on commercialization of its IP assets, with less emphasis on research and development. As part of its new focus and to preserve cash and reduce operating costs, PWRM reduced the amount of space it occupied and implemented a reduction in its workforce.
“The Company announced on August 20, 2009, that it made significant advances in the technology for its BC-SeraPro™ serum protein based blood test. It is hoped the test can be applied to the diagnosis of early stage breast cancer. PWRM has also filed three pending U.S. utility patent applications related to the test.”
To read the entire report visit: http://www.investorsoup.com/lp/PWRM
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InvestorSoup.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. InvestorSoup.com is a Web site wholly owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, InvestorSoup.com, for complete risks and disclosures.
InvestorSoup.com
Jeffrey Brown, Editor
(469)-252-3505
info@investorsoup.com
Investor Soup
Jeffrey Brown
(469)-252-3505
info@investorsoup.com
Source: EmailWire.com
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