NaturalNano Inc. (NNAN) leaps on new drug presentation

Posted on: Wednesday, August 24th, 2011
Written by:
Glenn

NaturalNano Inc. (OTCBB: NNAN) shares triumphed 33.3% to two-10ths of a cent Wednesday morning, on news that breakthroughs for the company’s cancer treatment. Volume for the stock measured 29.1 million shares.

A news release issued August 24 had the Rochester, New York-based NaturalNano announcing today that Dr. Michael King of Cornell University will present his recent work today at the Cancer Summit in Washington.

His presentation will demonstrate the capture of circulating tumor cells (CTCs) in blood can be targeted more effectively by incorporation of NaturalNano’s Halloysite Natural Tubes (HNT) onto the surface of devices used to capture CTCs in blood.

Dr. King, an Associate Professor of biomedical engineering at Cornell University, was quoted thus in the press release: “The ability to create stable coatings of Halloysite Natural Tubes (HNT) using an extremely thin layer of poly-L-lysine allows the creation of nanostructured surfaces to which living cells respond.”

King continued, “The nanotubes with HNT incorporated into their surface were found to enhance the natural CTC rolling mechanism. This allows the cells to be exposed to specific therapeutic agents or isolated and collected for diagnostic and research purposes.”

NaturalNano, Inc.is a materials science company focused on developing and commercializing advanced nanocomposites.

Tags: , , , , , , , ,
Category: OTCBB, Penny Stocks
no comments
You can leave a response, or trackback from your own site.

Leave a Reply

Your email address will not be published. Required fields are marked *


About Penny Stocks

The term "penny stocks," also known as micro-cap equities, micro caps, small caps, pink sheets, refers to shares in a company that trades for less than $5.00. Most penny stocks trade on the OTCBB market and the pink sheet electronic quotation service. Penny Stocks can be very volatile and can see gains as much as 500% in a day. Volatility in penny stocks is also dangerous because penny stocks can come down as quickly as they go up. If you trade penny stocks based on stock picks, make sure to always do your due diligence on the companies you're considering, use stop loss orders, and book your profits when you are in a position to do so.