WESTON, FL -- (Marketwire) -- 06/17/10 -- Wall Street News Alert's "stocks to watch" this morning are: TechniScan Inc. (OTCBB: TSNI), Gilead Sciences, Inc. (NASDAQ: GILD), Neurocrine Biosciences, Inc. (NASDAQ: NBIX) and Amgen (NASDAQ: AMGN).
Yesterday after the markets closed, TechniScan Inc. (OTCBB: TSNI) issued a press release announcing that it has launched a clinical study in Rochester, Minn., its third new clinical site to commence in the last five months.
TechniScan's Warm Bath Ultrasound (WBU) system is designed to capture three-dimensional images of the breast as a woman lies prone on a table and state-of-the-art ultrasound technology is used in a warm water tank to image the breast anatomy. Its revolutionary new method of imaging produces information and whole breast images that are not available with traditional reflection ultrasound or whole breast ultrasound systems presently on the market.
To date, TechniScan has scanned over 800 women in clinical studies in Salt Lake City and Ogden, Utah as well as Orange and San Diego, California. These past clinical studies focused on key factors like image quality, repeatability, and establishing protocols for testing baseline values for positive and negative predictive capabilities of the system.
Building on this prior clinical work, the current clinical studies in Freiberg, Germany, San Diego and Rochester will involve at least 500 women with various types of breast lesions. Major objectives of the 12-month study will be to compare WBU to conventional breast sonography and MRI as well as to examine the WBU system's ability to differentiate between normal, benign and malignant breast tissue. These clinical studies in the U.S. are funded by a Small Business Innovation Research Grant (SBIR) from the National Cancer Institute.
"Overall we expect to image another 600 or more patients in our clinical program over the next 6-12 months," said Robinson. "These studies will provide us with critical information about the clinical utility and application of the WBU capabilities."
"Our vision is to begin to create a database of thousands of breast images as well as the underlying and related image data," said Robinson. "With complete anonymity, women can contribute their mammograms, breast MRI's and WBU images along with related pathology and other information to provide researchers around the world an unprecedented opportunity to study breast cancer. TechniScan's imaging network will also allow timely and efficient collaboration of patient's records for her medical team's use. The concept is simple, yet revolutionary within the medical system and represents a key competitive advantage of the TechniScan system."
For complete details, including share structure, please refer to yesterday's press release.
The stock closed yesterday at Eighty Two cents a share.
For an in-depth profile of TechniScan, visit
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Gilead Sciences, Inc. (NASDAQ: GILD) up 0.7% on 10.7 million shares traded.
Gilead Sciences is a biopharmaceutical company that discovers, develops and commercializes innovative therapeutics in areas of unmet medical need.
Neurocrine Biosciences, Inc. (NASDAQ: NBIX) up 14.2% on 6.6 million shares traded.
Neurocrine Biosciences, Inc. is a biopharmaceutical company focused on neurological and endocrine diseases and disorders.
Amgen (NASDAQ: AMGN) up 0.1% on 4.7 million shares traded.
Amgen discovers, develops, manufactures and delivers innovative human therapeutics.
Drivers are seeing slightly higher retail gasoline prices. Pump prices on Wednesday rose 0.4 cent to $2.70 per gallon, according to AAA, Wright Express and Oil Price Information Service. Prices are 1.3 cents lower than a week ago and down 16.7 cents from a month ago. They are just 2.6 cents higher than year-ago levels.
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