PWRM.ob PFE and XOM on CRWEFinance’s Watchlist
Power 3 Medical Products Inc. (OTC:PWRM) recently has unexpectedly discovered new and unprecedented findings regarding clinically important differences in the response of the NuroPro protein biomarkers in the blood of untreated Alzheimer’s disease patients compared to patients treated with the widely used anti-dementia drugs Aricept (Donepezil HCl, Pfizer – NYSE: PFE), Exelon (Rivastigmine, Novartis – NYSE: NVS), and Namenda (Memantine HCl, Forest Laboratories – NYSE: FRX). These results relate to the genetically distinct groups of Alzheimer’s disease patients, i.e., those individuals who possess the Alzheimer’s high-risk gene for Apolipoprotein E4 and those who do not possess the gene. PWRM’s NuroPro was originally indicated for diagnostics to determine whether or not a patient had Alzheimer’s disease. With these results, PWRM’s NuroPro now extends into the pharmaceutical arena due to its ability to predict and monitor the response to drug treatment, including the underlying disease process and the insidious progression of irreversible neurological damage, even in the face of temporary improvements in cognition and other symptoms.
Eisai Inc. and Pfizer Inc (NYSE:PFE) announced that the U.S. Food and Drug Administration (FDA) approved a new once-daily, higher-dose Aricept (donepezil HCl) 23 mg tablet for the treatment of moderate-to-severe Alzheimer’s disease (AD). Aricept 23 mg tablet offers another dosing option for patients with moderate-to-severe AD, for whom few treatments are available. According to the Alzheimer’s Association, approximately 3.6 million Americans age 65 and older have moderate-to-severe AD.
Tim Cejka, president, ExxonMobil Exploration Company, and vice president, Exxon Mobil Corporation (NYSE:XOM), has elected to retire on Aug. 31, 2010, after more than 34 years of service.
XOM will appoint S. M. (Steve) Greenlee as president of XOM and elect him a vice president of the corporation effective Sept. 1, 2010. Greenlee is currently president, ExxonMobil Upstream Research Company.
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