This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

NexMed, Inc. To Co-Sponsor Biotalk Of Dr. Diego Miralles Of Johnson & Johnson At The San Diego Biotechnology Discussion Group

NexMed, Inc. (NASDAQ: NEXM), a specialty CRO with a pipeline of products based on the NexACT ® technology, announced today that it will co-sponsor the Biotalk of G. Diego Miralles, M.D., Head of the Johnson & Johnson Pharmaceutical Research and Development (PRD) Discovery Unit, at the meeting of the San Diego Biotechnology Discussion Group (“SDBDG”) on Wednesday, March 31, 2010, from 5:30 p.m. to 8:00 p.m., at the Sorrento Summit in San Diego.

Dr. Bassam Damaj, President and Chief Executive Officer of NexMed, stated, “We have long supported the mandate of the SDBDG, and are very pleased to be a co-sponsor of the upcoming Biotalk featuring Dr. Miralles. During the meeting, we will also debut the NexMed Biotech Partnering Initiative, which is intended to foster the development programs of emerging biotechnology companies utilizing the NexACT ® delivery technology. We understand that early-stage companies may not have the necessary resources to advance their development programs. Under the NexMed Initiative, we will select partners who may opt to pay with equity and a revenue-sharing arrangement, for pre-clinical discovery work to be conducted by Bio-Quant which pairs their drug compounds with the NexACT ® technology. We believe that this strategy has the potential to accelerate the use of NexACT as a leading drug delivery platform.”

The San Diego Biotechnology Discussion Group (SDBDG) is a non-profit organization dedicated to promoting a greater understanding of the local biomedical industry and facilitating quality networking within the industry. The goal of the organization is to be a catalyst for the development of business-related and scientific ideas, and for the establishment of valuable professional relationships.

About NexMed, Inc.

NexMed is the largest specialty CRO based in San Diego, CA and is one of the industry's most experienced CROs for in vitro and i n vivo pharmacology services and research models. The Company’s goal is to generate revenues from the growth of its Discovery Pre-clinical CRO business, while aggressively seeking to monetize its proprietary NexACT drug delivery technology through out-licensing agreements with pharmaceutical and biotechnology companies, worldwide. At the same time, NexMed is actively pursuing partnering opportunities for its NexACT-based treatments for onychomycosis, psoriasis, sexual dysfunction and cancer.

Forward-Looking Statement Safe Harbor

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,031.14 +43.63 0.26%
S&P 500 1,984.13 -1.41 -0.07%
NASDAQ 4,518.9020 -48.6960 -1.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs