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Moxian, Inc. (MOXC) O2O Platform Reduces SEO Burden for SMEs

For retailers, the Internet has been a double-edged sword. On the one hand, it extends their marketing reach beyond physical boundaries, allowing them to target new customers. On the other hand, their customer base is open to sales pitches by faraway retailers. Whatever the net result from this boon and bane, the growth of the Internet presents another challenge. With over 1.2 billion websites and new sites being added by twos and threes every second, being found on online can be as difficult as finding the proverbial needle in a haystack. That is why, for small and medium-sized enterprises (SMEs), an intermediary like Moxian (NASDAQ: MOXC) is becoming essential. The company’s online-to-offline (O2O) Moxian+ platform has a bundle of features that use an online footprint to drive customers to brick-and-mortar retailers, reducing the need for costly SEO marketing. In addition, just like the bazaars and fairs of the medieval world, there’s a social element to the platform, encouraging shoppers to interact with each other and become part of a Moxian+ community.

Despite its growth, e-commerce still only comprises about one-tenth of total retail sales in the U.S. and in mainland China, where the bulk of Moxian’s operations are located. Consumers all over the world still enjoy going out to shop and, in any event, since services make up so much of commerce, it is impossible to stay at home and purchase them. Personal services, particularly, can only be delivered to the person.

This is where Moxian, with its innovative social media and marketing platform, comes in. The Moxian+ online platform is designed especially for small and medium-sized enterprises (SMEs) that provide personal services or tangible products that a shopper wants to touch and see before she buys. And the Moxian+ platform does much more than that. Merchant clients can access powerful data analytics on the demographics of customers and their buying behaviour. This is the burgeoning O2O landscape and Moxian is blazing a trail into it.

The Moxian+ platform is available through two apps, both of which can be accessed by mobile devices. Making its platform accessible by mobile devices is an important part of Moxian’s relentless strategy since smartphones and mobile devices have very high penetration rates in China. Indeed, China represents the world’s largest mobile market, with approximately 1.3 billion mobile phone users as of December 2015, according to the Ministry of Industry and Technology of China, representing handset penetration of approximately 95 units per 100 people. Moxian’s initiation report from SeeThruEquity (http://nnw.fm/gJl7w) reveals that China’s O2O market is currently around $48 billion with sales, at present, growing at an astounding 25% per annum.

Moxian is in the middle of a large sales push as it continues the commercial launch of Moxian+ that started earlier this year. The company recently opened an office in Beijing, and the company expects to have a sales team of 80 in place by the end of June, largely split between Shenzhen and Shanghai. The free version of Moxian’s platform is already in use by more than 30,000 businesses and 300,000 consumers, and sales efforts will be directed both to converting existing users to premium paid services and signing up new customers to try the platform. Moxian’s initial marketing forays have been in the mainland Chinese cities of Shenzhen and Beijing. But the company has plans for geographic expansion into Shanghai and Guangzhou, and is targeting a sales team of 100+ by the end of 2017.

Moxian was founded in 2013 in Shenzhen, China, and has branch offices in Beijing, Malaysia, and Hong Kong.

For more information, please visit www.moxian.com/index_en.html

Relationship with V-Tell Further Solidifies Net Element’s (NASDAQ: NETE) Position as Standout Global PaaS Provider

Net Element (NASDAQ: NETE) yesterday said its PayOnline subsidiary has initiated payment acceptance services for international mobile network operator V-Tell. V-Tell will utilize various payment methods offered through the PayOnline platform, such as recurring billing and one-click payment solutions for V-Tell’s website and for its mobile application. V-Tell will additionally utilize the array of topnotch anti-fraud tools available through PayOnline. This newly forged business relationship with V-Tell is further evidence of Net Element’s prowess in offering a global payment acceptance platform that enables cross-border transactions via a full array of services.

Net Element has become a proven entity within the booming payments-as-a-service market, offering mobile payments and value-added transactional services within the United States and emerging countries. Net Element’s international strategy involves leveraging its omni-channel platform to bring flexible options to emerging markets that have varied banking, regulatory and demographic circumstances.

Working with V-Tell is a prime fit in furthering this aim. V-Tell is an international mobile operator engaged in providing services to customers across the globe. Through one V-Tell SIM card, subscribers can have an almost limitless number of personal phone numbers from any country that are permanently active on a single device. This facilitates unlimited communication, eliminating the borders between continents and countries through a roam-free network and allowing customers to access voice, SMS and Internet service anywhere in the world.

Net Element’s PayOnline subsidiary offers e-commerce, m-commerce and in-app payment services for all types of businesses throughout the world. V-Tell will be utilizing various payment methods through the PayOnline platform, including recurring billing and one-click payment solutions.

In addition to PayOnline, other Net Element companies include TOT Group, Unified Payments, Digital Provider, Aptito and Restoactive. The company’s mobile payments and value-added transactional platforms greatly simplify the lives of mobile phone users, enabling them to complete commerce transactions right on their mobile devices. Net Element’s online and offline payment capabilities further allow merchants to transact business anywhere in the world.

In 2016, South Florida Business Journal named Net Element one of the fastest-growing technology companies in the market, and Inc. Magazine identified Net Element as America’s fastest-growing private company in 2012.

For more information about Net Element, visit the company’s website at www.netelement.com/en.

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Player’s Network, Inc. (PNTV) Stock Soars, Clips New 52-Week High on Medical Marijuana Licensing News

Holding company Player’s Network, Inc. (OTCQB: PNTV) on May 30 had the sixth highest volume on the OTCQB stock exchange (http://nnw.fm/B8bdC) after announcing that it had received its medical marijuana licenses to begin cultivation and production operations right away. The trend continued on May 31, when Player’s Network had the 10th highest volume on the OTCQB, up 9.2 percent and closing at $0.070 per share. Following yesterday’s news of a corporate milestone and first revenues, Player’s Network continued to climb, setting a new 52-week high of $0.075 at market close.

In a press release (http://nnw.fm/y8hOK) on Tuesday, Player’s Network said the medical marijuana licenses will allow the company to grow an unlimited amount of plant and to produce marijuana extracts and edible products in its 27,000-square-foot production facility located in North Las Vegas, Nevada. Cultivation and production operations would be conducted by Green Leaf Farms Holdings, LLC, where Player’s Network owns an 85 percent stake. Green Leaf Farms planned to begin planting operations immediately, with rosin and cold-water hash products to be the first products taken to the Nevada market in the near future.

In addition, PNTV followed this up on Thursday by announcing its first revenues and the awarding of Nevada licenses that allow the company to supply recreational marijuana products to Nevada-based retail dispensaries (http://nnw.fm/XMQ4u). Once distribution of recreational marijuana to Nevada dispensaries begins, as early as the first of July, this represents another source of revenue for Green Leaf and further opens the company to the burgeoning Nevada tourism market.

Player’s Network Director Brett Pojunis said the company expects the market to respond well to its products, as it has with other public companies that have gone through the same licensing process. Pojunis also said he expected the company to start generating significant revenue and that becoming fully operational after obtaining its cultivation and production licenses was a major milestone for Player’s Network. The sentiment was echoed by CEO Mark Bradley, who said the licensing finally allows Player’s Network to focus on its goal of developing high-quality brands within the medical marijuana industry. Bradley also voiced appreciation for the company’s production facility, which, he said, is likely to become one of the leading medical marijuana production hubs in the world once it is fully built.

A diversified holding company with a presence in the marijuana and media industries, Player’s Network focuses on developing profitable businesses in the cannabis industry. The company provides investors with various opportunities on the market and its current holdings range from startups to fully operational firms. A large part of its operations on the medical marijuana market, including cultivation and production of extracts and edibles, is conducted via Green Leaf Farms.

The company’s activity in the media sector is represented by wholly owned subsidiary WeedTV.com, a lifestyle channel and niche social network for the cannabis industry. The channel aims to be a leading source of information, products, services and entertainment for people interested in the marijuana industry and lifestyle.

Company division Marijuana Accelerator is also an important component of Player’s Network marijuana industry operations. A smart ecosystem specifically designed to connect investors and entrepreneurs to the company’s network, Marijuana Accelerator’s main goal is to identify resources for Player’s Network.

For more information, visit the company’s website at www.PlayersNetwork.com

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Garbage to Gold: Itronics, Inc. (ITRO) Taps into Plentiful Silver Bullion Resource Using Pioneering Extraction Process

Diversified zinc fertilizer and silver producing green technology company Itronics (OTC: ITRO) recently announced it has commenced silver bullion production using e-scrap as a cost-reducing, precious metal-bearing raw material. E-scrap, which is ground-up computer circuit boards, is plentifully available and, therefore, offers a prime resource and an exceptional opportunity for the expansion of the company’s breakthrough recovery operation.

The bullion sales resulting from Itronics’ pioneering extraction process are anticipated to begin generating revenue for the company early in the third quarter of 2017. This new revenue stream will come online just as seasonal fertilizer sales start declining for the year.

Itronics is the creator and operator of a vertically integrated silver-bearing photoliquid recycling business that specializes in manufacturing specialty chelated liquid fertilizers, which are sold under the GOLD’n GRO brand, as well as pure silver bullion and silver-bearing glass. In essence, the company takes one of the most toxic liquid waste products produced in the United States and transforms virtually every bit of it into usable products. Sales of the environmentally beneficial GOLD’n GRO fertilizer are exceeding expectations, and this new revenue stream from silver bullion will bring yet another addition to Itronics’ revenues in the second half of 2017.

Using one of its large furnaces, the company has completed more than 20 test melts, which generated a portion of the silver bullion shipped by Itronics earlier this year and has since produce several hundred ounces more that have not yet been shipped. Because of the success of these test melts, Itronics has begun operating its second large melting furnace, as well. Both furnaces are currently in operation now, and the company is establishing an operating schedule for its bullion production, with current silver bullion production at an estimated 1,500 troy ounces per month.

The company continues to optimize its process and identify and implement potential furnace operation improvements on its way toward continual operation. Itronics tripled its “per melt” production between January and mid-April 2017, going from 500 ounces per month to 1,500. It is the company’s belief that further improvements in the coming several months could even further increase these “per melt” recoveries by as much as 50 percent. According to the Itronics bullion sales agreement, the time elapse from shipment to payment is about 60 days. Silver bullion shipped by the company during the second quarter of 2017 will be reported in Itronics’ third-quarter sales results.

It is anticipated that this new “zero waste” technology of using e-scrap as raw material will substantially increase both the profitability of Itronics’ silver recovery operation and the company’s revenues. Because of the cost-reducing attributes of this breakthrough recovery technology, Itronics’ silver bullion production segment may prove to be the stable, non-seasonal cash flow-generating revenue stream the company has been looking for. As the silver recovery operation grows, the addition of gold, palladium and copper will even further expand and stabilize revenues for Itronics.

For more information about the company, visit www.itronics.com.

SinglePoint, Inc. (SING) Provides Payment Infrastructure to Marijuana Retailers as Cannabis Sales Hit $1B in Colorado

Now that 29 states and the District of Columbia have legalized medical or recreational marijuana, or are on the way to doing so, the buzz in the industry is being supported with hard data. A new comprehensive report from Marijuana Business Daily (MBD) is replete with figures, charts, projections and analyses that support the upbeat ‘animal spirits’ in the industry. Titled the Marijuana Business Factbook 2017 (http://nnw.fm/L2Tnt), the paper projects that revenues from medical and recreational marijuana products will surpass $5 billion in annual sales for the first time in 2017. However, until federal statute allows, banks are unlikely to handle these “high risk” payments, which opens the door for innovative fintech companies like SinglePoint (OTC: SING) to step in. The company is positioning itself to be a ‘first mover’ in providing payment solutions to the cannabis vertical through its SingleSeed payments subsidiary.

The MBD report, summarizing the responses of more than 800 business owners, executives, entrepreneurs and investors, reveals a more uncertain industry outlook. In the 2016 survey, the hazard of federal intervention ranked as the third-most worrying challenge facing marijuana business owners. This year, that troubling threat is now their primary concern.

However, there is a silver lining as sales of recreational marijuana have been going up. Adult-use sales in Colorado and Washington, which became legal in both states in 2014, exceeded $1.5 billion in 2016. Voters in the two states approved the legalization proposals in November 2012. In 2017, total retail sales of all categories of marijuana are forecast to climb by 30 percent over 2016, ‘hitting $5.1 billion-$6.1 billion,’ according to the MBD report. And in 2017, recreational sales are expected to surpass medical for the first time. Since the banks do not want to facilitate these marijuana-related transactions, that leaves an awful lot of cash on the table.

With its suite of payment options, SinglePoint is poised to take some of that cash off the table. The company is offering innovative ways in which customers and patients can pay for all their marijuana purchases. Its SingleSeed payments subsidiary provides cannabis shops and dispensaries with solutions that closely resemble the typical debit/credit card terminal.

SinglePoint also provides Pay-by-Text technology, which facilitates both promotional outreach and payments. Pay-by-Text offers a swipe-less payment option to customers. The purchaser makes a payment by sending a text message to the payment provider, who clears the transaction with the vendor.

With these technological tools, SinglePoint is taking its ‘no touch’ approach to the cannabis industry a step further.

For more information visit the company’s website at www.SinglePoint.com

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ProBility Media Corp. (PBYA) eLearning Programs Offer Training to Re-Skill U.S. Workforce

A prescient report (http://nnw.fm/T19dA) from the Paris-based Organisation for Economic Cooperation and Development (OECD) lays bare the dearth of “basic” and vocational skills in the U.S. Despite a relatively high level of education, the U.S. experiences a weakness in basic skills when compared to other developed countries, according to the report. As a result, the authors of the study recommend making skills training for young adults more accessible, while linking this training to career development. This is exactly what vocational training company ProBility Media Corp. (OTC: PBYA) is doing. With its suite of training and test preparation solutions, the Texas-based educational technology company is out to develop the first full service training and career advancement brand for technical vocations and skilled trades.

ProBility is aiming to disrupt the technical vocations training and certification industry by creating the first full service training and career advancement brand in the technical fields. A major plank in this strategy is the development of online training programs employing virtual reality technology. In the HVAC field, for example, ProBility’s eLearning products under development include a full HVAC technician’s course that simulates the hands-on experience of a lab and physical school. This practical training is supplemented with a handbook produced by ProBility’s publishing division.

Details of the OECD report show the market opportunity America’s skills gap presents for ProBility. As expected, the ability to cultivate the aptitude needed to work at a trade is impeded if basic skills are lacking. Some math proficiency, for example, is required in most vocations, leading, generally, to a greater awareness and emphasis on developing numerate skills. However, literacy is just as important. Language is an important medium not just for learning but also for reasoning. Most of the time, our conscious cogitation is in verbal terms as we “talk” ourselves through a series of actions or a problem solving sequence. Having a command of grammar and syntax also aids in interpreting and assessing information. This may be why the U.S. also scored low on a related skill: problem solving in technology-rich environments.

More so than in other OECD countries, “socio-economic economic background has a stronger influence on adult basic skills.” However, basic skills are linked not only to employment outcomes, but also to personal and social well-being, the report goes on to point out. The odds of having low levels of health are four times higher for low-skilled U.S. adults than for those with the highest skills, a ratio that is twice the OECD cross-country average.

Other findings of the study point to opportunities for ProBility to deploy its extensive array of online training programs. Most (63%) low-skilled adults in the U.S. are employed, a higher proportion than in other countries. Consequently, they can be targeted through workforce development and evening adult programs. In addition, “participation rates in adult education and training are higher in the U.S. than in most countries at all skill levels, although, as elsewhere, low-skilled adults are less likely to participate.”

On par with these findings, ProBility is continually expanding the range of its training and testing services, through organic growth and by acquisitions, as it executes its strategy of defragmenting the vocational training industry. The company is positioning itself as a one-stop-shop for individuals, small- and medium-size businesses (SMEs), and large enterprise customers in the market for high-quality training services and materials to promote career advancement. ProBility is now, also, one of the largest wholesale supplier of electrical codes in the U.S. and provides exam preparation and certification in 22 states.

For more information, visit the company’s website at www.ProBilityMedia.com

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UGE International Ltd. (UGEIF) Revenues Rocket 903% Higher as Solar Power Orders Surge

There are clear skies over the NYC headquarters of UGE International (OTCQB: UGEIF) (TSXV: UGE) as the energy solutions company continues to build its business organically and through acquisitions. UGE recently announced its first-quarter 2017 financial results, boasting record revenues of $5.5 million, up 903% over the prior year period. Now, the global provider of solar energy services is on track to take that top line even higher as its order book swells.

The solar power industry is driven by renewable portfolio standard (RPS) targets, state and federal tax credits, grants, and favorable public support for ‘green’ energy. A renewable portfolio standard (RPS), or renewable electricity standard, is a regulatory mandate to increase production of energy from renewable sources such as wind, solar, biomass and other alternatives to fossil and nuclear electric generation. The industry has experienced phenomenal growth over the past five years, achieving annual growth rate of approximately 76 percent from 2011 through 2016. A new report from GTM Research and SEIA (http://nnw.fm/bnLW5) indicates that rate could be trending even higher, revealing that the U.S. solar power market grew by 95 percent in 2016.

UGE is on the frontline of this industry as it powers its way into photovoltaic energy solutions; its recent financial results reflect that position. In the first quarter of 2017, UGE reported triple-digit growth in revenues (as noted above) and lowered its net loss to $0.4 million, compared to $1.7 million reported in the first quarter of 2016, marking the smallest loss in the last three years and bringing the company closer to profitability.

At March 31, 2017, the company also reported that its order backlog reached $31.6 million, of which $20.5 million were “confirmed” projects and $11.1 million of which were “contracted” projects.
“Our first quarter results further illustrate the progress we are making as a company to grow profitably in the commercial solar sector,” UGE CEO Nick Blitterswyk stated in the news release. “Our team continues to focus on growing and executing on our backlog, as our expectations for the future continue to grow as well.”

UGE provides services at all stages of the solar photovoltaic (PV) project lifecycle, including consulting and project management, engineering and design, turnkey construction, and development. The company has been engaged in a number of high-profile projects in the Northeast United States, Canada, Panama and the Philippines.

It was involved in the 84-panel installation that will provide 25.2 kW DC to the San Francisco campus of file-hosting company, Dropbox, and also undertook the utility scale ground mount installation at Sandringham and Woodville Solar Farms for Invenergy Clean Power of Ontario that will generate 25 MW (megawatts) of power. With a resume of over 130 commercial and industrial projects, UGE has already participated in installations with a capacity of over 280 MW.

With such a sunny prognosis, UGE’s share price has been on the rise, increasing by about 30 percent over the 12 months.

For more information, visit the company’s website at www.ugei.com

SinglePoint, Inc. (SING) Targeting Market Domination

Two significant acquisitions in the last three months is more than a pattern. It’s an out-right destination. This recent audio interview http://nnw.fm/8w4N9 with Greg Lambrecht, CEO of SinglePoint (OTC: SING), discusses some of the synergies and the immense opportunities that come with the company’s recent acquisition of 90% of Discount Indoor Garden Supply (“DIGS”) (www.DIGSHydro.com).

These strategic accretive acquisitions position SinglePoint to become a dominant player in the California cannabis market while never actually touching the plant.

In March, SinglePoint announced its acquisition of Orange County-based Convectium, which provides branding, packaging, equipment and a proprietary oil filling system ready to rock the cannabis market.
Earlier this month, SinglePoint added southern California-based DIGS to its portfolio (http://nnw.fm/oh7ZW), which brings immediate revenues to SinglePoint and positions the company as a leader in online products, retail stores, cannabis consulting and equipment throughout California.

Many cannabis-related businesses turn to DIGS Hydro’s online store and retail locations for anything and everything needed to cultivate cannabis products, except the seed and plant itself. The owner of DIGS, Carey Haas, has 25 years of experience in the California cannabis markets and brings his knowledge, experience and vast contacts with him to the SinglePoint family of companies.

As a specialized holding company, SinglePoint is building strong relationships as well uncommon companies in its quest to become the dominant force supplying products and services to the California cannabis industry.

The company is rapidly expanding its portfolio in the cannabis markets with strategic accretive acquisitions that profit from servicing the cannabis industry. There’s little doubt the marijuana market in the United States is poised for further explosive upside growth. SinglePoint understands its destination and has taken another huge step toward dominating markets and reaping the attendant rewards.

For more information visit the company’s website at www.SinglePoint.com

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ChineseInvestors.com, Inc. (CIIX) Debuts “OptHemp” Premium Line and Readies its First U.S. Retail Store

ChineseInvestors.com’s (OTCQB: CIIX) first retail store is expected to open in June in San Gabriel, California. It will be among the first stores to sell “OptHemp,” a premium health product line launched by CIIX’s wholly owned subsidiary chinesehempoil.com, Inc. The “OptHemp” line will include OptHemp Ultra Premium Hemp Oil, the company’s first private label product.

CIIX offers educational tools and consulting services for Chinese investors. Recently, it has been pursuing its niche in the expanding cannabis (CBD) market. The company’s goal is to become a leading Chinese publicly traded company in the nutritional industry. CIIX’s retail store in California will primarily sell hemp oil-based products, which it will market via a new website, mobile application, and online distribution program to penetrate the rapidly growing hemp-based CBD market.

“I am very pleased to announce the launch of our first premium OptHemp product,” Warren Wang, founder and CEO of CIIX, stated in a recent news release. “Hemp oil is believed to have positive balancing effects on the mind and body of persons using them.”

The formula for OptHemp has been optimized to manage inflammation and pain relief. The OptHemp premium line is GMO-free, reinforcing the product’s purity to users. It is grown in organic farms in Colorado using a CO2 extraction technology.

“We believe that the desire for better quality of life in the Chinese community, coupled with the fact that the aging population continues to grow, will lead to continued growth in the alternative health sector and increased demand for natural hemp-based health products,” Wang said. “CIIX is confident that its OptHemp product line will lay a solid foundation for the Company’s entrance into the legal hemp industry and the alternative health sector.”

In the future, CIIX will focus on the distribution and R&D into the CBD market. Its products can be used for patients with epilepsy, Alzheimer’s disease, and cirrhosis of the liver. In China, use of marijuana is forbidden, though hemp-based CBDs are legal, creating a target market of approximately 2 billion consumers.

For more information, visit the company’s website at www.ChineseInvestors.com

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Development of CorMedix, Inc.’s (CRMD) Bloodstream Infection Therapy on Pace for Regulatory Approval

Catheter-related bloodstream infections (CRBSIs) are one of the most frequently encountered types of infections contracted in hospital units, resulting in billions of dollars in additional expenses for the U.S. healthcare system every year. It is estimated that there are roughly 250,000 CRBSIs every year, a third of them reported in ICUs. These infections lead to increased hospital stays and higher care costs ranging from approximately $4,000 to $56,000. Additionally, CRBSI cases have an attributable mortality rate of 12% to 25%.

CorMedix Inc. (NYSE: CRMD), a biopharmaceutical company that focuses on developing treatments for infections and inflammatory diseases, is developing a solution to CRBSIs through its innovative lead product, Neutrolin®. The product is an innovative formulation designed to prevent the development of CRBSI, with a focus on patients with central venous catheters. Launched in Germany in 2013 as a Class III drug-device combination to prevent bloodstream infections in hemodialysis patients, Neutrolin® is currently available throughout the European Union, with European Commission approval, but has not yet been approved for use in the United States.

The product has, however, received Fast Track and Qualified Infectious Disease Product designations from the Food and Drug Administration and, as CorMedix recently announced, is currently in phase 3 clinical studies. The company is running one main phase 3 LOCK-IT 100 study analyzing the effects of Neutrolin® on hemodialysis patients, with the goal of completing enrollment by the first quarter of next year and drafting the final data report by the end of the third quarter 2017. A second phase 3 study is being conducted in oncology patients that receive IV parenteral nutrition, hydration and chemotherapy via central venous catheter.

The company is confident that Neutrolin® has the potential to be a game changing product for the prevention of CRBSIs, according to CEO Randy Milby, who stressed the importance of reducing infection rates for all hospitals and dialysis centers both in terms of patient health and the associated economic burden.

He also explained that completing the phase 3 program for the treatment is CorMedix’s top priority and that in anticipates meeting with the FDA to finalize the Neutrolin® protocol before the end of the year.

“Reducing infection rates is a major priority for hospitals and dialysis centers because of the impact infections have on patients as their health is already compromised and cannot risk additional complications. … By reducing infections, Neutrolin is designed to protect both patients and hospitals from catheter-related infections,” he stated in a news release. “Executing on our Neutrolin Phase 3 program, as designed with input from the FDA, is our top priority. LOCK-IT-100 in hemodialysis patients is the first of our two phase 3 clinical studies to support filing for Neutrolin marketing approval. We remain on track with this study and anticipate the DSMB will conduct a safety review in 2016, and with continued progress, we anticipate reporting top-line data in the third quarter of 2017. … We continue our discussions with the FDA to finalize the protocol, at which point we will have achieved an important milestone in our pathway to potential Neutrolin approval.”

In addition, CorMedix announced that it began feasibility testing on a new therapy for pediatric oncology patients with neuroblastoma. CorMedix is working with biopharmaceutical company NanoProteagen Inc. to determine how the latter’s nanoparticle technology, called NanoProTM, will work in combination with CRMD-005, a proprietary formulation designed to target pediatric neuroblastoma.

CorMedix also released its financial data for Q2 2016, reporting a net loss of $4.8 million, or $0.13 per share, primarily attributed to the development and management of the Neutrolin® phase 3 program.

For more information, please visit the company’s website at www.cormedix.com.

From Our Blog

Longeveron Inc. (NASDAQ: LGVN) Discusses 2023 Progress and 2024 Plans in Corporate Update

March 28, 2024

Longeveron (NASDAQ: LGVN), a clinical-stage biotechnology company developing regenerative medicine for life-threatening conditions with unmet medical needs, recently released its full-year results for the period ended December 31, 2023, and provided a corporate update (https://ibn.fm/iORBu). Results from multiple studies using Longeveron’s lead investigational therapeutic candidate, Lomecel-B(TM), were announced by the company last year. “In 2023 […]

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