SOURCE: Wall Street News Alert

Wall Street News Alert

May 06, 2008 09:38 ET

Wall Street News Alert: Breaking News Alert - OCOL! May 6, 2008

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

WESTON, FL--(Marketwire - May 6, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Oncolin Therapeutics (OTCBB: OCOL), Discovery Laboratories, Inc. (NASDAQ: DSCO), Pfizer Inc. (NYSE: PFE) and Johnson & Johnson (NYSE: JNJ).

There is more important news coming from Oncolin Therapeutics (OTCBB: OCOL), and the company should have investors monitoring the stock this morning. Yesterday after the markets closed, the company issued a press release announcing that Dr. Randall K. Johnson has agreed to join the Scientific Advisory Board of the company, joining a growing number of illustrious oncologists and cancer drug developers.

This should be a great addition for the company, as the press release states that Dr Johnson began his career as section Head of the Experimental Chemotherapy at the National Cancer Institute. Most of his accomplishments occurred over more than twenty years at GlaxoSmithKline where he held various senior positions in oncology culminating in Oncology Group Director. Among the many accomplishments during his tenure was the development of Topotecan, which continues to be a major drug used in cancer therapy today. For the past five years, Dr. Johnson has consulted for numerous drug and biotech companies and is a member of many Scientific Advisory Boards and clinical advisory Boards for oncology-based companies.

"We are very excited to have someone with Dr. Johnson's commercial oncology development experience as an advisor and consultant to our company. Once we complete our scientific advisory board we will have one of the top SABs in the nation and it will be staffed with some of the leading inventors and innovators in the cancer treatment space" said Dr. Donald Picker, President and COO.

Investors are urged to monitor the progress of the company! The company also reported last month the addition of Sandra Silberman, Ph.D. M.D. to its Scientific Advisory Board (SAB). Dr Silberman is a world renowned oncologist who received her Ph.D. from the John Hopkins University, an M.D. from Cornell University Medical School followed by a residency at the NYU Medical Center. Dr. Silberman did further post graduate training as a research fellow at Harvard Medical School / Dan Farber Cancer Institute and as a clinical fellow at Harvard Medical School / Brigham & Women's Hospital.

Dr. Silberman began her illustrious pharmaceutical career at Pfizer where she was a Senior Associate Director in Oncology and was involved in bringing Tarceva® into clinical development. She then went on to Novartis as a Senior Director in Oncology where she was the international clinical leader for Gleevec®, one of most successful and famous drugs approved in the recent past with current sales of over $400 Million dollars per year.

Prior to the latest press release, the stock closed Monday at Thirty cents a share.

For an in-depth profile of Oncolin Therapeutics, visit

Discovery Laboratories, Inc. (NASDAQ: DSCO) up 31% on 10.7 million shares traded.

Discovery Laboratories, Inc. is a biotechnology company developing Surfactant Replacement Therapies (SRT) for respiratory diseases.

Pfizer Inc. (NYSE: PFE) down 0.4% on 34.7 million shares traded.

Founded in 1849, Pfizer is the world's largest research-based pharmaceutical company taking new approaches to better health. The company discovers, develops, manufactures and delivers quality, safe and effective prescription medicines to treat and help prevent disease for both people and animals.

Johnson & Johnson (NYSE: JNJ) down 0.5% on 10.5 million shares traded.

Johnson & Johnson is the world's most comprehensive and broadly based manufacturer of health care products, as well as a provider of related services, for the consumer, pharmaceutical, and medical devices and diagnostics markets.

Market Commentary:

"The Institute for Supply Management on Monday said its non-manufacturing index was 52.0 in April versus 49.6 in March. ISM's jobs gauge for the sector posted its biggest improvement in seven months but inflation pressures were at their highest in five months," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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