Boston, MA 10/15/2014 (wallstreetpr) – Biotechnology firm Northwest Biotherapeutics (NASDAQ: NWBO) announced on 14th October that its drug candidate DCVax® being developed as a potential cure to treat solid cell tumour, has commenced tests under the previously announced “Hospital exemption program”. The approval was given by the German Drug Approval authorities to the drug maker earlier this year. The drug maker disclosed yesterday that the first patient (suffering from Glioblastoma multiforme brain cancer) enrolled under this program has been administered this treatment. It also disclosed that it is tracking and short listing more patients who can be inducted into this program. Northwest Biotherapeutics (NASDAQ: NWBO) has claimed that DCVax® is the first drug which has received the approval from authorities for the Hospital Exemption Program as per the amended German Drug Laws.
Advanced RF solutions provider Peregrine Semiconductor Corp. (NASDAQ:PSMI) announced on 14th October that it has launched a new RF switch called the UltraCMOS® PE42722. The new release boasts of a high linearity and is designed to enable and orchestrate “dual upstream/downstream band architecture” functionality in the “cable customer premises equipments” like set top boxes. The firm in its press note has indicated that by offering the “dual-band architecture” Peregrine Semiconductor Corp. (NASDAQ:PSMI) is enabling multi-service operators the flexibility and scale to offer their paying customers more premium services.
Oil and gas solutions and services provider Tallgrass Energy Partners LP (NYSE:TEP) announced on 14th October that it has decided to go ahead with the development of a new “natural gas pipeline” christened as Prairie State Pipeline. The development of this new pipeline will see investments coming in from AGL Resources Inc. (NYSE:GAS) and Tallgrass Energy Partners LP (NYSE:TEP). The two firms also disclosed that they are offering their customers an “Open Season” during which time they can move the oil and gas they produce to Chicago Market Center using its pipeline infrastructure.
