Wall Street News Alert's "stocks to watch" this morning are: Wound
Management Technologies, Inc. (OTCBB: WNDM), Boston Scientific
Corporation (NYSE: BSX), Amylin Pharmaceuticals, Inc. (NASDAQ:
AMLN) and Illumina, Inc. (NASDAQ: ILMN).
Yesterday after the markets closed, Wound Management
Technologies, Inc. (OTCBB: WNDM), issued a press release announcing
that it has named Deborah Jenkins Hutchison as its new president to
help spearhead WNDM's leveraging of its existing technology and
infrastructure to develop opportunities in the rapidly growing
markets of biotech and genetic engineering, and to expand WNDM's
technology footprint.
WNDM noted that the appointment is extremely timely in light of
their upcoming acquisition of Secure eHealth, a technology provider
for Wound Care Innovations and for Private Access, an Irvine based
innovator in privacy-enhanced search technology who is
collaborating with Pfizer and the Genetic Alliance to develop an
online community to accelerate clinical research.
"Earlier this week it was announced earlier this week that Wound
Management is in final contract negotiations to acquire secure
messaging and data provider, Secue eHealth to expand WNDM's
technology footprint," said Scott Haire, Chairman of WNDM.
"Hutchinson's experience leading several biomedical companies and
her participation on the boards of several healthcare technology
firms including the board of directors and advisory committees for
Private Access, Inc. and VirtualHealth Technologies, Inc.
strategically places her as the key instrument in the company's
surge forward as we push to make the most of our assets and
transition to profitability in 2010."
The stock closed yesterday at $1.40 a share.
For an in-depth profile of Wound Management Technologies, visit
http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=WNDM_011210.
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Boston Scientific Corporation (NYSE: BSX) up 0.7% on 14 million
shares traded. Boston Scientific is a worldwide developer,
manufacturer and marketer of medical devices whose products are
used in a broad range of interventional medical specialties.
Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN) up 1.3% on 8.3
million shares traded. Amylin Pharmaceuticals is a
biopharmaceutical company dedicated to improving lives of patients
through the discovery, development and commercialization of
innovative medicines.
Illumina, Inc. (NASDAQ: ILMN) up 15.8% on 16 million shares
traded. Illumina is a leading developer, manufacturer, and marketer
of next-generation life-science tools and integrated systems for
the analysis of genetic variation and biological function.
Market Commentary:
The Commerce Department reported Tuesday that the trade deficit
jumped 9.7 percent to $36.4 billion in November, a bigger imbalance
than the $34.5 billion deficit economists had forecast.
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