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Financial News
Genta Incorporated (OTC:GNTA) Is The Top Traded OTC Stock
Paradigm Medical Industries, Inc. (OTC:PDMI) and IDO Security, Inc. (OTC:IDOI) Ro
Dallas, TX 7.06.2009 02:42 GMT (TransWorldNews)
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Genta Incorporated (OTC:GNTA) is one of the few stocks which is up marginally on huge volume. In an early session, it surged over 20% on massive volume of over 17 million shares. Genta Incorporated (Genta), is a biopharmaceutical company engaged in pharmaceutical (drug) research and development. The Company focuses on the identification, development and commercialization of drugs for the treatment of cancer and related diseases. Genta’s research portfolio consists of two major programs: Deoxyribonucleic Acid (DNA)/Ribonucleic Acid (RNA) Medicines and Small Molecules. The DNA/RNA Medicines program includes drugs that are based on using modifications of either DNA or RNA as drugs that can be used to treat disease. This program includes technologies, such as antisense, decoys and small interfering or micro RNAs. Genta’s drug from this program is an investigational antisense compound known as Genasense (oblimersen sodium injection).
Paradigm Medical Industries, Inc. (OTC:PDMI) is moving up on very high volume. It surged 8% and traded over 9 million shares. Paradigm Medical Industries, Inc. develops, manufactures, sources, markets and sells ophthalmic surgical and diagnostic instrumentation and related accessories, including disposable products. The Company’s surgical equipment is designed for minimally invasive cataract treatment. Its cataract removal system, the Photon laser system, is a laser cataract surgery system designed to be marketed as the next generation of cataract removal. The Company’s diagnostic products include a P2000 pachymetric analyzer, a P37 Ultrasonic A/B Scan, P40, P45 and P60 UBM Ultrasound Biomicroscopes, a P37 A/B Scan, two perimeters, the Blood Flow Analyzer, and the Glaid. The diagnostic ultrasonic products, including the P2000 pachymetric analyzer, the P37 Ultrasonic A/B Scan and the P40 UBM Ultrasound Biomicroscope were acquired from Humphrey Systems, a division of Carl Zeiss.
IDO Security, Inc. (OTC:IDOI) is up 25% on huge volume of 37 million shares within few minutes of trade. In the last one week the stock has gained over 100%. IDO Security Inc. (IDO) is engaged in the design, development and marketing of devices for the homeland security and loss prevention markets that are intended for use in security screening procedures to detect metallic objects concealed on or in footwear, ankles and feet through the use of electro-magnetic fields. IDO Security Ltd. (IDO Ltd.) is the wholly owned subsidiary of the Company.
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