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Canada Business News and Press Releases
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(EMAILWIRE.COM, September 29, 2009 ) Windsor, Ontario - Free Hot Penny Stocks, an online financial publication, provides investors timely stock market alerts. If you are interested in penny stocks that are poised to breakout sign up for our free penny stock newsletter. Each day we send out alerts on different hot penny stocks.
China Biologic Products Inc. (CBPO) one of the leading plasma-based pharmaceutical companies in the People's Republic of China ("PRC"), announced that the Company entered into a strategic research and development agreement with the Institute of Blood Transfusion (the "IBT") based in Chengdu, Sichuan Province, to strengthen the Company's research and development capabilities and manufacturing processes. IBT is a division of the Chinese Academy of Medical Sciences and Peking Union Medical College ("CAMS").
The IBT is a leading research institute in China, specializing in a variety of plasma-based research including research on the safety of blood transfusions, blood immunology, transfusion disposable materials, blood biochemistry and molecular biology. China Biologic's collaboration with IBT will include the use of IBT's technology to enhance safe and efficient plasma collection, and increase the range of plasma-derivative products that can be manufactured by the Company. The agreement also entitles China Biologic to utilize IBT's platform technologies, including its recombinant protein therapeutics, monoclonal antibody technology and diagnostics.
China Biologic will collaborate by providing partial funding, plasma, the use of its manufacturing facilities, and access to its research and development resources. IBT will provide specialized training and education to China Biologic's research staff, and will procure additional funding from national and provincial funding bodies. In addition, China Biologic is entitled to the priority purchase rights to commercialize any new technologies or products that result from the collaboration. In the last trading session, the stock closed at $6.52. The company hit $7.25 today, registering a new 52 week high.
Stratus Media Group, Inc. (SMDI) announced that Coca-Cola® will be an official sponsor of the 24th Annual Santa Barbara Concours d’Elegance to be held October 31 to November 1, 2009. This automobile festival celebrates a unique fusion of live music, fashion, exquisite food and fine wine with classic and new automobiles and motorcycles. Since its inception in 1976, the Santa Barbara Concours d’Elegance has raised money for charities while providing automobile aficionados an opportunity to showcase their vintage and often priceless cars, and providing the public with the opportunity to view these seldom-seen pieces of art on wheels. In the spirit of its creators, the Concours d’ Elegance will continue this tradition through its association with The First Tee Foundation and the Make a Wish Foundation.
Incorporated in November of 1998, Santa Barbara based-Stratus Media Group is an owner, operator and marketer of live entertainment and sporting events. The company is primarily focused on action sports, automotive shows, college sports, food events, motor sports, music concerts and festivals, running events, diversified media marketing, trade shows and expositions, and talent management. In addition, the company intends to expand its consumer rewards marketing through its Stratus Rewards Visa White Card providing exclusive redemption benefits to its cardholders in the form of VIP event access, luxury trips, private jet travel, luxury automobiles, high-end merchandise and other rewards for specified levels of use. In the previous trading session, the stock closed at $2.25. Today the company peaked at $2.29, and looks to be making an uptick.
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