Vonage (NYSE: VG | Quote | Chart | News | PowerRating) $1.32. Today announced the launch of Vonage Mobile, its first mobile calling application for smartphones. Vonage Mobile is a free downloadable application (app) that provides seamless, low-cost international calling while on Wi-Fi or cellular networks*. Once downloaded, the service saves customers more than 50% on calls to dozens of countries versus the rates charged by wireless carriers while providing far more convenience than calling cards. Vonage Mobile will be available for download on the iPhone , BlackBerry and iPod touch and the iTunes App Store later today.
What They Do:
Vonage is a software technology company that enables high-quality voice and messaging services across multiple devices and locations over broadband networks. Our award winning technology serves approximately 2.5 million subscribers. We provide feature-rich, affordable communication solutions that offer flexibility, portability and ease-of-use.
MKS Instruments (Nasdaq: MKSI) $18.77. Today announced that third quarter revenues and non-GAAP earnings will exceed the high end of its guidance. Third quarter revenue could increase approximately 34% sequentially, ranging from $105 million to $107 million, and surpassing the Company's high end guidance of $92 million. The Company expects to return to profitability on a non-GAAP basis and could see non-GAAP net income of approximately $0.02 to $0.04 per diluted share, compared to its original guidance of a net loss of ($0.18) to ($0.07) per basic share. GAAP net loss in the third quarter, which includes the effect of a lower effective income tax benefit, could be approximately ($0.14) to ($0.11) per basic share.
What They Do:
MKS Instruments, Inc. is a global provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes to improve process performance and productivity.
CombinatoRx, Incorporated (Nasdaq: CRXX) $1.27. Today announced that its ophthalmic collaborator, Fovea Pharmaceuticals SA, has entered into a proposed acquisition with Sanofi-Aventis. A CombinatoRx-derived combination drug candidate, Prednisporin, (FOV1101), which is a fixed dose combination of prednisolone and cyclosporine, is the most advanced product asset in the Fovea pipeline, with Phase 2b clinical studies planned for the treatment of persistent allergic conjunctivitis.
What They Do:
CombinatoRx, Incorporated (CRXX) is pioneering the new field of synergistic combination pharmaceuticals. Going beyond traditional combinations, CombinatoRx creates product candidates with novel mechanisms of action, striking at the biological complexities of human disease.
Depomed (Nasdaq: DEPO) $4.41. Today announced top-line results from a Phase 3 clinical trial demonstrating DM-1796 (also referred to as gabapentin ER) achieved a statistically significant reduction in pain associated with postherpetic neuralgia (PHN) versus placebo using the baseline observation carried forward (BOCF) method required by FDA. The primary endpoint measured pain scores from baseline to the end of a ten-week treatment period using the numerical Likert pain scale.
What They Do:
Depomed, Inc. is a specialty pharmaceutical company with two product candidates in Phase 3 clinical development, two approved products on the market and other product candidates in its early stage pipeline.
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