UNH, PROT, HS - Health & Medical Stock News, Update!
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Investor Information
PROTEONOMIX, INC. (OTC.BB: PROT) is a biotechnology company engaged in the discovery and development of stem cell therapeutic and cosmeceutical products. We are developing pre clinical-stage therapeutic agents and treatments for diabetes, heart, and lung diseases. Our discoveries involve non embryonic stem cell treatments.
We have developed sufficient technology for patent applications including a medium and a scaffolding for enhancing the growth of stem cells, a growth platform for stem cells, a unique cord blood banking cryopreservation bag and cosmetic products utilizing a secreted matrix derived from stem cells. We have developed some of our intellectual property utilizing our management and advisory team in conjunction with third party universities and research centers.
We have concentrated on our cosmeceutical treatments based on our licensed technology which we believe will be our lead revenue product in the market. We have completed the development of our cosmeceutical products and we anticipate sales to begin in 2010.
Proteonomix, Inc. (PROT) Plans European Investor Road Show
-Michael Cohen, Chairman and CEO, to Visit Several European Cities to Discuss Company’s Growth Plan and Future Outlook With Investors
PROTEONOMIX, INC. (OTC.BB:PROT), a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives, announced last week that Mr. Michael Cohen, Chairman and CEO, is scheduling a multi-city European road trip to create additional awareness of the Proteonomix, Inc. investment opportunity to institutional investors.
Scheduled for early October, Mr. Cohen will discuss with sophisticated investors the recent contract to establish a joint venture with a group of investors that will establish a new stem cell treatment and research facility in the United Arab Emirates (U.A.E.). In addition, Mr. Cohen will discuss the opportunity to set up additional joint ventures in other countries using the U.A.E. arrangement as a model.
The recent contract calls for the joint venture partner to invest $5 million on or before September 10, 2010 in a Joint Venture company, XGEN Medical LLC. (”XGen”), a Nevis Island limited liability company.
For additional details about the joint venture agreement, please refer to the August 17, 2010 press release.
“Proteonomix has made great strides recently,” stated Mr. Cohen, “and we have been contacted by several European entities that have requested additional information about our proprietary stem cell activities. In recognition of the interest in Europe and the potential for additional joint venture agreements in various European countries, we recognize that it is propitious to meet with a number of the European institutional investors both to educate them on the intrinsic value of Proteonomix shares and garner interest in strategic relationships.”

Proteonomix is a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives. Proteoderm, Inc. is a wholly owned subsidiary of Proteonomix that has recently opened its retail web site, Proteoderm.com, and begun accepting pre-orders for its anti-aging line of skin care products. StromaCel, Inc.’s goal is the development therapeutic modalities for the treatment of Cardiovascular Disease (CVD).
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UnitedHealth Group to Support Members Affected by Hurricane Earl
UnitedHealth Group (NYSE: UNH) and its family of companies, including UnitedHealthcare, Ovations, AmeriChoice, OptumHealth, Ingenix and Prescription Solutions, is taking immediate action to assist people in North Carolina, Virginia, Maryland, Rhode Island, Massachusetts and Maine, who may be affected by Hurricane Earl.
This includes relief to health plan participants who may be displaced and need to refill prescription medications, and opening a free counseling help line for people coping with the emotional consequences of the hurricane.
UnitedHealth Group is a diversified health and well-being company dedicated to helping people live healthier lives and making health care work better. With headquarters in Minnetonka, Minn., UnitedHealth Group offers a broad spectrum of health benefit programs through UnitedHealthcare, Ovations and AmeriChoice, and health services through Ingenix, OptumHealth and Prescription Solutions. Through its family of businesses, UnitedHealth Group serves more than 75 million people worldwide.
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HealthSpring, Inc. to Present at the Stifel Nicolaus Healthcare Conference
HealthSpring, Inc. (NYSE:HS) today announced that its management will participate in the Stifel Nicolaus Healthcare Conference at the Four Seasons Hotel in Boston on Wednesday, September 15, 2010. HealthSpring’s investor presentation by Herbert A. Fritch, Chairman and Chief Executive Officer, and Karey Witty, Executive Vice President and Chief Financial Officer, is scheduled to begin at 2:05 p.m.
Eastern time that day and will be available to investors via a live audio webcast. A link to the webcast can be found at the investor relations section of the Company’s website, www.healthspring.com, and the event will be available for replay for 30 days using that same link.
HealthSpring is based in Nashville, Tennessee, and is one of the country’s largest Medicare Advantage coordinated care plans. HealthSpring currently owns and operates Medicare Advantage plans in Alabama, Florida, Georgia, Illinois, Mississippi, Tennessee, and Texas and also offers a national stand-alone Medicare prescription drug plan.
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