AxoGen, Inc. (NASDAQ:AXGN) the emerging leader of the $1.6 billion U.S. peripheral nerve repair market, announced that it would share in the award of two Department of Defense Grants totaling approximately $1.9 million withBrigham and Women’s Hospital in Boston (BWH). AxoGen, Inc. (NASDAQ:AXGN) on last trading day company shares ended up $2.48. Analysts mean target price for the company is $5.88. AxoGen, Inc. (NASDAQ:AXGN) distance from 50-day simple moving average (SMA50) is -9.65%.
On May 14, Telik, Inc. (NASDAQ:TELK) has entered into a definitive merger agreement. Upon closing of the transaction, MabVax and Telik will be combined into a publicly traded company focused on the development of proprietary immunotherapy-based products to diagnose and treat cancer. Under the terms of the merger agreement, MabVax will merge with a wholly-owned subsidiary of Telik in an all-stock transaction. Telik, Inc. (NASDAQ:TELK) shares advanced 5.63% in last trading session and ended the day on $1.50. Telik, Inc. (NASDAQ:TELK) quarterly performance is 7.91%.
On April 30, Dehaier Medical Systems Ltd (NASDAQ:DHRM) announced it has become the authorized agent of Olympus (Beijing) Sales & Service Co., Ltd. (“Olympus”) to supply its electronic gastroscope and electronic bronchoscope products to participate in several medical device procurement projects funded by the Chinese government. Pursuant to the authorization letter with Olympus, Dehaier will be responsible for bidding, agreement negotiation and execution of the projects. Dehaier Medical Systems Ltd (NASDAQ:DHRM) shares moved up 5.07% in last trading session and was closed at $5.60, while trading in range of $5.28 – $5.61. Dehaier Medical Systems Ltd (NASDAQ:DHRM) year to date (YTD) performance is 44.33%.
On May 16, China Commercial Credit, Inc. (NASDAQ:CCCR), a microfinance company providing financial services to small-to-medium enterprises (SMEs), farmers and individuals in Jiangsu Province, reported that, for the three months ended March 31, 2014, the company reported net income of $1,093,633, or $.10 per share, on revenue of $2,054,009. This compares with net income of $1,569,868, or $.17 per share, on revenue of $2,670,253 in the like year-ago quarter. Total weighted average shares outstanding were 10,434,862 in the first quarter of 2014 versus 9,000,000 in the first quarter of 2013. China Commercial Credit Inc (NASDAQ:CCCR) ended the last trading day at $3.82. Company weekly volatility is calculated as 4.07% and price to cash ratio as 6.67. China Commercial Credit Inc (NASDAQ:CCCR) showed a positive weekly performance of 4.95%.
On May 19, Commemorating the model’s 25th anniversary, MAZDA MOTOR CORP ORD (OTCMKTS:MZDAF) has announced that it will partner with the UK’s JOTA Sport to enter a Mazda MX-5 (known as Mazda Roadster in Japan) in the 24 Hours Nurburgring endurance race taking place in Germany on June 21 and 22, 2014. MAZDA MOTOR CORP ORD (OTCMKTS:MZDAF) On last trading day company shares ended up $4.57 .