SOURCE: Wall Street Press Wire

Wall Street Press Wire

April 02, 2008 08:43 ET

Breaking News Alert: OCOL!

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

MIAMI, FL--(Marketwire - April 2, 2008) - Wall Street Press Wire ( is pleased to highlight its "stocks on the move" for Tuesday. Our list includes: Oncolin Therapeutics (OTCBB: OCOL), Cell Genesys, Inc. (NASDAQ: CEGE), InterMune, Inc. (NASDAQ: ITMN) and Lehman Brothers Holdings Inc. (NYSE: LEH).

Having just received an intermediate term price target of $1.45, Wall Street Press Wire is initiating its in-depth coverage of Oncolin Therapeutics (OTCBB: OCOL), a biopharmaceutical company that engages in the discovery, development and commercialization of novel selective anticancer therapies.

Tuesday after the markets closed, the company issued an important press release announcing that it has obtained an exclusive worldwide right to option patents covering the composition and use of Genistein analogs for cancer treatment.

This news should be welcomed by the company and its investors! The technology was discovered and patented by the Pharmaceutical Research Institute of Warsaw Poland and involves compounds that appear to be novel antimicrotubule agents. Given the widespread success of antimicrotubule therapies in curative and palliative cancer treatment, the microtubule is perhaps the single best cancer target identified to date and continues to be recognized as a strategic target against which to direct new development efforts.

The approved drugs from this mechanistic class include the Vinca alkaloids such as vincristine, the taxanes with paclitaxel and docetaxel and the epothilones with its first drug recently approved by Bristol Myers. Each of these different types of compound classes appear to interact at different parts of the microtubule and have different spectrums of activity and show effectiveness against resistant disease.

"We are happy to have obtained this exclusive agreement on what may be another unique antimicrotubule class of compounds. We will work closely with both the Pharmaceutical Research Institute of Warsaw Poland and the MD Anderson Cancer Center to further evaluate the compounds anticancer activity to continue to advance a lead compound into clinical development," said Dr. Donald Picker, President and COO of the company.

Other recent news that should be of interest of investors includes:

Oncolin Announces Its Research Program Receives Peer Reviewed National Institute of Health Grant of $179,000.

Oncolin has recently announced it has obtained an exclusive option agreement with The University of Texas M.D. Anderson Cancer Center which provides the Company the right to negotiate a license for five technologies relating to the treatment of various cancers over a nine month period.

Oncolin has recently announced a Joint Development Agreement with Houston Pharmaceuticals to assist the Company in obtaining a license for certain patents.

Wall Street Press Wire's in-depth profile for Oncolin Therapeutics is available at:

The stock closed Tuesday at Forty Five cents a share.

Cell Genesys, Inc. (NASDAQ: CEGE) up 31.4% on 8.9 million shares traded. Cell Genesys is focused on the development and commercialization of novel biological therapies for patients with cancer.

InterMune, Inc. (NASDAQ: ITMN) up 18.5% on 7.2 million shares traded. InterMune is a biotechnology company focused on the research, development and commercialization of innovative therapies in pulmonology and hepatology.

Lehman Brothers Holdings Inc. (NYSE: LEH) up 17.8% on 77 million shares traded. Lehman Brothers, an innovator in global finance, serves the financial needs of corporations, governments and municipalities, institutional clients, and high net worth individuals worldwide.

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