SOURCE: Wall Street News Alert

Wall Street News Alert

January 13, 2010 09:38 ET

Market Alert: Wound Management Technologies -- January 13, 2010

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - January 13, 2010) - Wall Street News Alert's "stocks to watch" this morning are: Wound Management Technologies, Inc. (OTCBB: WNDM), Boston Scientific Corporation (NYSE: BSX), Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN) and Illumina, Inc. (NASDAQ: ILMN).

Yesterday after the markets closed, Wound Management Technologies, Inc. (OTCBB: WNDM), issued a press release announcing that it has named Deborah Jenkins Hutchison as its new president to help spearhead WNDM's leveraging of its existing technology and infrastructure to develop opportunities in the rapidly growing markets of biotech and genetic engineering, and to expand WNDM's technology footprint.

WNDM noted that the appointment is extremely timely in light of their upcoming acquisition of Secure eHealth, a technology provider for Wound Care Innovations and for Private Access, an Irvine based innovator in privacy-enhanced search technology who is collaborating with Pfizer and the Genetic Alliance to develop an online community to accelerate clinical research.

"Earlier this week it was announced earlier this week that Wound Management is in final contract negotiations to acquire secure messaging and data provider, Secue eHealth to expand WNDM's technology footprint," said Scott Haire, Chairman of WNDM. "Hutchinson's experience leading several biomedical companies and her participation on the boards of several healthcare technology firms including the board of directors and advisory committees for Private Access, Inc. and VirtualHealth Technologies, Inc. strategically places her as the key instrument in the company's surge forward as we push to make the most of our assets and transition to profitability in 2010."

The stock closed yesterday at $1.40 a share.

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Boston Scientific Corporation (NYSE: BSX) up 0.7% on 14 million shares traded. Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties.

Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN) up 1.3% on 8.3 million shares traded. Amylin Pharmaceuticals is a biopharmaceutical company dedicated to improving lives of patients through the discovery, development and commercialization of innovative medicines.

Illumina, Inc. (NASDAQ: ILMN) up 15.8% on 16 million shares traded. Illumina is a leading developer, manufacturer, and marketer of next-generation life-science tools and integrated systems for the analysis of genetic variation and biological function.

Market Commentary:

The Commerce Department reported Tuesday that the trade deficit jumped 9.7 percent to $36.4 billion in November, a bigger imbalance than the $34.5 billion deficit economists had forecast.

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