M2 PRESSWIRE-9 December 2005-Emerging Stock Report: Continuing The Fight.(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:09122005
Approximately 12 million people are believed to suffer from Sickle Cell Disease worldwide. It is a genetic blood disorder caused by an abnormality in the hemoglobin molecule. People with this disease often produce stiff, abnormally shaped cells that do not flow freely through blood vessels, creating clogs in the vessels, which in turn cut off the flow of normal hemoglobin and oxygen to the body.
The Emerging Stock Report is continuing its coverage on Xechem International, Inc. (OTC BB: XKEM) up 27% today on news that it has acquired the exclusive, worldwide licensing rights to a new five-membered heterocyclic anti-sickling compound from Virginia Commonwealth University (VCU), Richmond, VA.
Early research has shown this anti-sickling agent to be a highly effective and relatively non-toxic treatment for Sickle Cell Disease. The new compound further expands Xechem's existing portfolio of products to be used in the fight against Sickle Cell Disease.
Xechem International, Inc. is a development stage biopharmaceutical company focusing on anticancer, antiviral (including AIDS), antifungal, Sickle Cell Disease (SCD), antimalarial and antibacterial products from natural sources, including microbial and marine organisms. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its primary focus is on the development of phyto-pharmaceuticals and other proprietary technologies, including those used in the treatment of orphan diseases.
The Senate on October 27, 2005 approved an amendment offered by U.S. Senator Thad Cochran and co-sponsored by Senator Jim Talent (R-Mo.), to add $2 million to the Sickle Cell Disease Treatment grant program, created by Senators Talent and Charles Schumer (D-N.Y.), which helps patients suffering from the blood disorder. The Cochran-Talent measure passed unanimously as part of the Labor-HHS Appropriations Act.
"This is a very important amendment which helps reduce health disparities throughout the United States. I can't emphasize enough how much this amendment means to the community of people affected by Sickle Cell Disease not just the 70,000 Americans that have it, not just the 2.5 million Americans who have the trait, but their families and friends who struggle every day with this disease." said Sen. Talent Ian Birrell The Emerging Stock Report profiles emerging growth companies and brings them to the attention of the investment community ahead of the market providing concise analysis and resources required in determining when a stock appears poised for growth.
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