EnerDel Awarded $3.3 Million For Safety Research on Auto Lithium-ion Battery
Department of Energy Project Targets Cell R&D to Improve Charging Performance
INDIANAPOLIS, June 22, 2009 -- Advanced lithium-ion automotive battery developer EnerDel has been awarded up to $3.3 million for a cost-share research project under the U.S. Department of Energy. This will be the largest of a set of new projects announced under DOE's Vehicle Technologies Program, and will focus on the development of innovative technologies to eliminate overcharging in lithium-ion cells.
About EnerDel:
EnerDel, a subsidiary of Ener1, Inc. (Nasdaq: HEV), develops and manufactures compact, high performance lithium-ion batteries to power the next generation of hybrid, plug-in hybrid and pure electric vehicles. Led by an experienced team of engineers and energy system experts, the company is building proprietary innovations based on technology originally pioneered at the Argonne National Laboratory.
EnerDel produces its batteries at its state-of-the-art facilities in Indianapolis, Indiana, and is expecting to be the first company to mass-produce a cost-competitive lithium-ion battery for hybrid and electric vehicles. In addition to the automobile market, applications for EnerDel lithium-ion battery technology include medical, military, aerospace, electric utility and other growing markets.
-- Targeted Genetics Corporation (NASDAQ: TGEN) soared 20% trading on 935,010 shares.
Targeted Genetics Announces Continued Clinical Study at University College London/Moorfields Eye Hospital for a Gene Therapeutic to Treat Leber's Congenital Amaurosis and Provides Business Update
Initial Phase 1/2 Findings Demonstrated Acceptable Safety and Improvement in Visual Function; Protocol Amended to Increase Dose and Include Younger Children
SEATTLE, WA, Jun 22, 2009 -- Targeted Genetics Corporation (NASDAQ: TGEN) today announced that its collaborator at the University College London/Moorfields Eye Hospital (UCL/M) has begun the next step in its Phase 1/2 dose escalation clinical trial to treat a form of Leber's Congenital Amaurosis caused by defects in the gene encoding the RPE65 protein. Leber's Congenital Amaurosis, or LCA, is an inherited disease that typically results in blindness. Under an amended protocol to its Phase 1 /2 dose escalation clinical trial, UCL/M is approved to include younger LCA patients in the trial and treat patients with higher doses of an adeno-associated virus (AAV) vector containing the RPE65 gene.
About Targeted Genetics Corporation
Targeted Genetics Corporation is a biotechnology company committed to the development of innovative therapies for the prevention and treatment of diseases with significant unmet medical need. A key area of focus for Targeted Genetics is applying its proprietary Adeno-Associated Virus (AAV) technology platform to deliver genetic constructs to increase gene function or silence gene function. Targeted Genetics' lead product development efforts target ocular and neurological indications, two therapeutic areas where AAV delivery may have competitive advantages over other therapeutic modalities. To learn more about Targeted Genetics, visit its website at www.targetedgenetics.com.
-- Silicon Image, Inc. (NASDAQ:SIMG) traded at $2.33 with the volume of 127,413 shares
Silicon Image Introduces First Products Incorporating HDMI 1.4 Features for DTV and Home Theatre Applications
Devices Pave the Way for LiquidHD(TM) Applications and Services With Simple Connectivity Through Integrated HDMI(R) Ethernet Channel
SUNNYVALE, Calif., Jun 22, 2009 -- Silicon Image, Inc. (NASDAQ:SIMG), a leader in semiconductors and intellectual property for the secure distribution, presentation and storage of high-definition (HD) content, today introduced the SiI9387 port processor and the SiI9334 transmitter, the first semiconductor products to incorporate the latest HDMI(R) 1.4 specification features for digital television (DTV) and home theatre applications. The new devices offer a richer, more interactive HDMI(R) entertainment experience by enabling new connectivity applications via Ethernet, such as Silicon Image's LiquidHD(TM) technology.
About Silicon Image, Inc.
Silicon Image, Inc. is a leading provider of semiconductor and intellectual property products for the secure distribution, presentation and storage of high-definition content. With a rich history of technology innovation that includes creating industry standards such as DVI and HDMI, the company's solutions facilitate the use of digital content amongst consumer electronics, personal computer (PC) and storage devices, with the goal to securely deliver digital content anytime, anywhere and on any device. Founded in 1995, the company is headquartered in Sunnyvale, California, with regional engineering and sales offices in China, Germany, Japan, Korea, Taiwan and the United Kingdom. For more information, please visithttp://www.siliconimage.com/.
-- Oncothyreon Inc. (Nasdaq: ONTY) soared 17% traded at $2.669 with the volume of 573,863 shares
Oncothyreon announces initiation of Phase 3 trial of Stimuvax in breast cancer
SEATTLE, Jun 22, 2009 -- Oncothyreon Inc. (Nasdaq: ONTY) (TSX:ONY) (the "Company") today announced that Merck KGaA of Darmstadt, Germany, has initiated a global Phase 3 trial of Stimuvax(R) (BLP25 liposome vaccine, L-BLP25) in patients with hormone receptor-positive, locally advanced, recurrent or metastatic breast cancer. Stimuvax is an investigational therapeutic cancer vaccine being developed by Merck KGaA under a license agreement with Oncothyreon.
http://pinksheets.com/pink/quote/quote.jsp?symbol=onty
About Oncothyreon
Oncothyreon is a biotechnology company specializing in the development of innovative therapeutic products for the treatment of cancer. Oncothyreon's goal is to develop and commercialize novel synthetic vaccines and targeted small molecules that have the potential to improve the lives and outcomes of cancer patients. For more information, visitwww.oncothyreon.com.
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