Monday, May 24, 2010

StockProfiler.US: Penny Stocks in the News: Cellceutix Corporation & AmStem International


BEVERLY, MA, May 24, 2010 -- Cellceutix Corporation (OTCBB: CTIX), a bio-pharmaceutical company that develops small molecules to treat cancer, autism and inflammatory disease, today announced that it has concluded agreements with PharPoint Reasearch for Phase 1 data management and statistical analysis and with Medical Research Consulting Services for Phase 1 clinical monitoring.

Cellceutix Corporation closed at $0.45 Friday, trading 11,900 shares.

Cellceutix Signs Agreements for KevetrinTM Phase 1 Support; Company Continues to Advance Kevetrin 
Toward Human Studies Targeting Drug Resistant Cancers

About Cellceutix

Cellceutix Corporation is a preclinical cancer, autism and anti-inflammatory drug developer. Cellceutix owns the rights to eight drug compounds, including Kevetrin, which it is developing as a treatment for certain cancers, and KM-391, which it is developing for the treatment of autism. More information is available on the Cellceutix web site at cellceutix.com.


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SAN FRANCISCO, CA, May 24, 2010 -- AmStem International (OTCBB: AMST), an international biotechnology company operating in the high-tech field of stem cell based therapy with emphasis on regenerative medicine and treatments, announced today that it has retained the services of Hawk Associates for strategic investor relations.

AmStem International closed at $0.06 Friday, trading 164,550 shares.

AmStem Corporation Retains Hawk Associates for Strategic Investor Relations

About AmStem International

AmStem is an international biotechnology company operating in the high-tech field of stem cell-based therapy with emphasis on regenerative medicine and treatments. The company, which operates one of the world's largest cord blood banks, is a pioneer in both medical and cosmetic treatments using stem cells isolated from human umbilical cord blood and nurtured to multipotent stem cells. Actively pursuing new applications in both medicine and cosmetics, AmStem has successfully treated patients with a number of serious diseases and has numerous clinical trials in progress. Its main cosmetic product is the facial cream SteMixx.


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Please Note: All news contained herein has been previously issued by the companies mentioned in this release, and is the property of each company, respectively. All news is edited for content. The companies that are discussed in this opinion have not approved the statements made in this opinion.

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