Orlando, FL -- (SBWIRE) -- 10/22/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Osiris Therapeutics, Inc. (NASDAQ:OSIR), ParkerVision, Inc. (NASDAQ:PRKR).
Osiris Therapeutics, Inc. (NASDAQ:OSIR) stock dropped 17.01% to $14.51. The company on Oct. 21 announced that it has reached agreement with the United States Food and Drug Administration (FDA) regarding the regulatory pathway for its Biosurgery products, Grafix® and Ovation®. In its press release regarding this agreement, Osiris addressed the recent concerns raised with respect to the regulatory status of Ovation and Grafix.
Additionally, the company on Oct. 10 announced that it has entered into an agreement with a wholly-owned subsidiary of Mesoblast Limited (ASX:MSB; USOTC:MBLTY) for the sale of Osiris' culture-expanded mesenchymal stem cell (ceMSC) business, including Prochymal, in a transaction worth up to $100 million in initial consideration and milestone payments. Additionally, Osiris will receive royalty payments on sales of Prochymal and other products utilizing the acquired ceMSC technology.
Are investors worried about the recent updates with OSIR? Find out with a free trend analysis HERE
ParkerVision, Inc. (NASDAQ:PRKR) stock jumped 3.13% to $6.59. The company on Oct. 17 announced that a jury in the U.S. District Court for the Middle District of Florida found Qualcomm Incorporated guilty of direct and indirect infringement of ParkerVision patents. That same jury also found ParkerVision's patents valid in light of the alleged prior art references identified by Qualcomm during the course of the trial.
Additionally, the company, on Oct. 7, announced the commencement of its patent infringement trial against Qualcomm, Inc. ("Qualcomm") before the Honorable Judge Roy B. Dalton, Jr. in the U.S. District Court for the Middle District of Florida.
Is PRKR going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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