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Wednesday, April 04, 2007 9:02:41 PM
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ADVANCED MEDICAL ISOTOPE CORP
Pinnacle Digest: Memorandum Signed Spurs Review: Sector Specific
3/28/2007
Mar 28, 2007 (M2 PRESSWIRE via COMTEX News Network) --
To read this article in its entirety, visit www.pinnacledigest.com.
Advanced Medical Isotopes Corporation (OTC:PK:ADMD) experienced a significant loss in share value Tuesday, falling 12.50% along with 66,130 shares traded. They recently announced the signing of a Memorandum of Understanding with Kadlec Medical Center as a precursor step to formal contract discussions for the supply of short-lived radio-isotopes primarily used in Positron Emission Tomography(PET) and other diagnostic imaging applications. This has spurred a progressive review by PinnacleDigest. We are closely reviewing this company's recent news in respect to the major movements within the healthcare sector. To read this article in full and to learn more about our expanding, diverse online financial magazine, visit us at www.pinnacledigest.com.
The IT side of managing and delivering healthcare has emerged to the forefront of the healthcare industry and will guide its future advancement. InnerWireless and PanGo Networks announced last week their merger. Both of these company's hold major stakes in the healthcare IT market. This is a trend that is sweeping the country and world as hospitals and healthcare institutions are adapting to make operations efficient.
InnerWireless provides wireless coverage inside large buildings, most notably hospitals and commercial and government facilities. They have also recently launched Spot, a real-time tracking system that keeps track of hospital assets, patients and staff.
California's stem cell agency is in the news after awarding 29 research grants totaling a colossal $74.6 million to non-profit California institutions and universities. As the world progresses with stem cell research, the state of California is the single largest source of funds for embryonic stem-cell research in the world. A company based out of Baltimore, Osiris Therapeutics has recently been in the news documenting their easy to administer stem cell treatment in respect to heart attack patients. After a recent study the treatment reportedly helped patients recover after a heart attack as well as easing their symptoms. This company is moving forward in this area, intending to conduct studies of adult stem cell-based products to treat diseased hearts. PinnacleDigest will be reviewing the issue and coming back to the major grants awarded documenting the companies involved and the overall potential created by these grants.
Let's turn back to Advanced Medical Isotopes Corporation and learn more about their recently signed memorandum. The CEO of Advanced Medical Isotopes William Stokes had this to say following the announcement, "This arrangement with Kadlec Medical Center as our anchor customer is a fantastic opportunity for our company and our local area for the continued development of a Tri-Cites based isotope industry. We want to expressly thank Kadlec's willingness to support a local company and allows AMIC to continue our agenda for the utilization of the vast knowledge and expertise in our scientific community." PinnacleDigest will be awaiting further corporate developments from this company as well as the integration of this new factor. To follow up with Advanced Medical Isotopes and learn more about the sector influencing this company, come explore our expanding, diverse online financial magazine at www.pinnacledigest.com.
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