Shares of Titan Pharmaceuticals Inc. (OTC: TTNP), a biopharmaceutical company engaged in the development of proprietary therapeutics primarily for the treatment of central nervous system disorders in the U.S., are climbing in trading today. At last check, TTNP shares were trading 5.71% higher at $1.85 on volume of 422,703. The stock hit an intra-day high of $1.87 earlier today.
TTNP on Monday announced that it will release its financial results for the fourth quarter and full year ended December 31, 2012 on March 18, 2013. The company will also host a live conference call.
Shares of Cereplast Inc. (PINK: CERP), a company engaged in the development and commercialization of bio-based resins, are soaring in trading today. At last check, CERP shares were trading 6.06% higher at $0.0350 on volume of 7.02 million. The stock hit an intra-day high of $0.04 earlier today. CERP shares have gained more than 16% in the last three trading sessions.
CERP shares are surging after the company announced that the United States Patent and Trademark Office (USPTO) granted it patent protection for biodegradable nanopolymer compositions and biodegradable articles made thereof.
Frederic Scheer, Chairman and CEO of Cereplast, noted that protecting the intellectual property of the company is a high priority and is an important part of its long-term growth strategy as is creating new grades of bioplastic resin that expand the properties available to meet the ever-growing needs of the marketplace.
Shares of Lescarden Inc. (PINK: LCAR), a company engaged in the research, testing, and development of proprietary biologic materials for wound healing, clinical skin care, osteoarthritis, and cancer applications, have skyrocketed in trading today.
At last check, LCAR shares were trading 71.43% higher at $0.0600 on above average volume of 1.41 million. The stock hit an intra-day high of $0.10 earlier today. Despite the huge rally today, LCAR shares have fallen 25% in the last three trading sessions.
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