News and FDA Updates for PharmAthene (NYSE:PIP), Senomyx (NASDAQ:SNMX), Stellar Pharma (OTC:SLXCF)

M.E. Garza
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On 07/30/10, PharmAthene, Inc. (NYSE:PIP), a biodefense company developing medical countermeasures against biological and chemical threats, announced on July 26, 2010 it received a letter from the NYSE Amex LLC, stating PharmAthene is not in compliance with the continued listing standards specified in Sections 1003(a)(i), (ii) and (iii) of the NYSE Amex Company Guide, because it has stockholders' equity of less than $2.0 million, $4.0 million and $6.0 million and losses from continuing operations and/or net losses in two of its three most recent fiscal years, three of its four most recent fiscal years and its five most recent fiscal years, respectively.

On 07/30/10, Senomyx, Inc. (NASDAQ:SNMX) will release its second quarter 2010 financial results on Thursday, August 5, 2010 before the opening of the U.S. financial markets.

On 07/30/10, Stellar Pharmaceuticals Inc. (OTC:SLXCF), a Canadian pharmaceutical developer and marketer of high quality, cost-effective products for select health care markets, reported signing an license agreement with Laboratorios Inibsa, S.A. ("Inibsa") for the distribution and sale of one of its lead products, Uracyst® (a sterile sodium chondroitin sulfate solution, 2%) for the treatment of interstitial cystitis/painful bladder syndrome ("IC/PBS") in Spain.

Biotech investors interested in seeing more details about these stories and accessing the complete database of clinical trials and upcoming FDA decisions can access that information here:

http://biomedreports.com/fda-calendar/fda-calendar.html

Disclosure: No positions.

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