SOURCE: Wall Street News Alert

Wall Street News Alert

February 24, 2010 09:38 ET

Wall Street News Alert: Hot Stock to Watch: Caleco Pharma Corp. -- February 24, 2010

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

WESTON, FL--(Marketwire - February 24, 2010) -   Wall Street News Alert's "stocks to watch" this morning are: Caleco Pharma Corp. (OTCBB: CAEH), Pfizer Inc. (NYSE: PFE), XenoPort Inc (NASDAQ: XNPT) and Gilead Sciences, Inc. (NASDAQ: GILD).

Caleco Pharma Corp. (OTCBB: CAEH), a biopharmaceutical and consumer health products company, issued a press release yesterday providing insight into the development strategy for its lead, patent protected product line that targets a segment of the market that includes millions of people suffering from various liver maladies, especially the Hepatitis C Virus (HCV).

"Pre-clinical research and an observational study have indicated that products derived from the company's proprietary "Liver Health" formulation, exhibit anti-viral activity," said John Boschert, Caleco's President and CEO. "We will continue pre-clinical work with these compounds, CPC.12115HP201 and CPC.12115HP202 in 2010 focusing on developing and testing additional derivatives as well as further compound isolation work on the parent herbal formulation. With the anti-viral activity profiles having been demonstrated in two bioassay systems, and considering the observed clinical effects of the parent herbal formulation, the Corporation believes continued preclinical development work is warranted.

The company is pursuing a two-tiered strategy to bring the parent herbal formulation to market while continuing development of CPC.12115HP201 and CPC.12115HP202. The company is actively engaged in pre-commercialization projects related to bringing the proprietary "Liver Health" formulation to worldwide markets as an oral health supplement following additional clinical trials expected to start in the first half of 2010. In addition, derivatives of the parent herbal formulation are being considered for oral supplement development targeted at immune system enhancement and as dermatologic products for use in common chronic dermatologic conditions.

To date, the Company's intellectual property covering the "Liver Health" formulations is comprised of patent applications in the United States, Europe and Canada and four European Drug Master File applications.

Additional information is available on the company's website at: http://www.calecopharmacorp.com/.

The stock closed yesterday at Twenty cents a share.

For an in-depth profile of Caleco Pharma, visit http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=CAEH_022310.

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Pfizer Inc. (NYSE: PFE) down 1.5% on 47.8 million shares traded.
At Pfizer, we apply science and our global resources to improve health and well-being at every stage of life.

XenoPort Inc (NASDAQ: XNPT) down 9.8% on 12 million shares traded.
XenoPort, Inc. is a biopharmaceutical company focused on developing a portfolio of internally discovered product candidates that utilize the body's natural nutrient transport mechanisms to improve the therapeutic benefits of existing drugs.

Gilead Sciences, Inc. (NASDAQ: GILD) down 1.1% on 10 million shares traded.
 Gilead Sciences is a biopharmaceutical company that discovers, develops and commercializes innovative therapeutics in areas of unmet medical need.

Market Commentary:
Home prices edged up in December, the seventh straight monthly gain and another sign the housing market continues its bumpy recovery.

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for Caleco Pharma Corp. (OTCBB: CAEH), WSCF has been compensated Forty Thousand Dollars, by a third party who is non-affiliated and may hold a significant position in the stock. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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