SOURCE: Wall Street Press Wire

Wall Street Press Wire

April 15, 2008 08:33 ET

Breaking Stock Alert: OCOL

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

MIAMI, FL--(Marketwire - April 15, 2008) - Wall Street Press Wire ( is please to highlight its "stocks on the move" for Tuesday. Our list includes: Oncolin Therapeutics (OTCBB: OCOL), Schering-Plough Corporation (NYSE: SGP), Allegheny Technologies Incorporated (NYSE: ATI), Merck & Co. (NYSE: MRK).

Having announced it has entered into negotiations with one of the world's leading cancer institutes, Wall Street Press Wire is continuing 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.

Yesterday after the markets closed, the company issued an important press release announcing that one of its lead drug candidates has shown in preclinical testing that it extends the life of animals that have human tumors implanted in their brains. According to the press release, the early testing has yielded results in animals that are equivalent to that of Temodar®, which is one of the leading cancer treatments for brain cancer with annual revenues in excess of $500 million annually. This technology is covered under Oncolin's recent exclusive option to license from The University of Texas M.D. Anderson.

In further studies it was determined that the administration of a combination of our compound with Temodar® produces superior anti-tumor activity when compared to Temodar® alone, resulting in increased survival.

"Even though these tests are very early stage they have generated some very positive results which validate our theory of this treatment. We are continuing to undertake and complete the preclinical studies required for a goal of beginning a phase I trial by the beginning of 2009," said Dr Donald Picker, President and COO.

OCOL is on the move! Last week, the company reported that it has entered into negotiations with one of the world's leading cancer institutes to commercially develop a new cancer technology. "We are excited about the prospects of this new development program and the opportunity to add to our pipeline of cancer therapeutics," said Dr. Donald Picker, President and COO of the company.

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

Oncolin Therapeutics Obtains an Exclusive Worldwide Right to Option Patents Covering the Composition and Use of Genistein Analogs for Cancer Treatment

Oncolin has recently announced that is has obtained an exclusive option agreement with the Pharmaceutical Research Institute of Warsaw, Poland which provides the company the right to license the use of Genistein analogs for cancer treatment.

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

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

The stock closed Monday at Forty Two cents a share.

Schering-Plough Corporation (NYSE: SGP) down 3.8% on 16.5 million shares traded. Schering-Plough is an innovation-driven, science-centered global health care company.

Allegheny Technologies Incorporated (NYSE: ATI) down 4% on 2.1 million shares traded. Allegheny Technologies Incorporated is one of the largest and most diversified specialty metals producers in the world with revenues of $5.5 billion during 2007.

Merck & Co. (NYSE: MRK) up 0.6% on 13.5 million shares traded. Merck & Co., Inc. is a global research-driven pharmaceutical company dedicated to putting patients first. Established in 1891, Merck currently discovers, develops, manufacturers and markets vaccines and medicines to address unmet medical needs.

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