SOURCE: Wall Street News Alert

Wall Street News Alert

June 23, 2008 09:33 ET

Wall Street News Alert: OCOL Is on the Move! June 23, 2008

WESTON, FL--(Marketwire - June 23, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Oncolin Therapeutics (OTCBB: OCOL), Bristol-Myers Squibb Company (NYSE: BMY), Apple Inc. (NASDAQ: AAPL) and Amgen Inc. (NASDAQ: AMGN).

There is more important news coming from Oncolin Therapeutics (OTCBB: OCOL), and the company should have investors monitoring the stock closely. Early this morning, the company issued a press release announcing that Dr. Daniel Von Hoff has joined the company's Scientific Advisory Board (SAB).

This new addition should be welcomed by the company as, according to the press release, Dr. Von Hoff is generally considered to be one of the world's leading experts in oncology drug development and is an advisor in some capacity to a large number of oncology companies. Dr. Von Hoff was appointed to President Bush's National Cancer Advisory Board in June 2004. Dr. Von Hoff is the past President of the American Association for Cancer Research (the world's largest cancer research organization), a Fellow of the American College of Physicians, and a member and past board member of the American Society of Clinical Oncology. He is a founder of ILEX™ Oncology, Inc. (acquired by Genzyme after Ilex had 2 agents, alemtuzumab and clofarabine approved for patients with leukemia). He is founder and the Editor Emeritus of Investigational New Drugs - The Journal of New Anticancer Agents; and, Editor-in-Chief of Molecular Cancer Therapeutics.

Daniel D. Von Hoff, M.D., is currently Physician in Chief, Senior Investigator and Director of Translational Research at the Translational Genomics Research Institute's (TGen) Translational Drug Development Division and Head, Pancreatic Cancer Research Program in Phoenix, Arizona. He is also Chief Scientific Officer for US Oncology and Chief Scientific Officer, Scottsdale Clinical Research Institute. He has done work on the development of many anticancer agents, including paclitaxel, docetaxel, gemcitabine, camptosar and hab-paclitaxel.

"Oncolin Therapeutics is very excited to have someone with Dr Von Hoff's stature and experience as a member of our SAB. His oncology development experience will be a major addition to our advisory board," said Dr. Donald Picker, COO of Oncolin

Investors are urged to continue to monitor the progress of the company! Last week the company reported that a group of scientists lead by Professor Waldemar Priebe from The University of Texas M. D. Anderson Cancer Center (UTMDACC) will be presenting its lead cancer technology at this prestigious symposium in Geneva Switzerland in October 2008.

The press release states that targeted initially for brain tumors, this technology is a major breakthrough in inhibiting glycolysis, a process many tumor cells, but not normal cells, require for growth and survival. This technology is covered under Oncolin's recent exclusive option to license from The University of Texas M.D. Anderson Cancer Center, the # 1 cancer treatment center in the United State according to U.S. News and World Report.

Prior to the latest press release, the stock closed Friday at Twenty cents a share.

For an in-depth profile of Oncolin Therapeutics, visit

Bristol-Myers Squibb Company (NYSE: BMY) down 1.7% on 14.6 million shares traded. Bristol-Myers Squibb Company is a global biopharmaceutical and related health care products company whose mission is to extend and enhance human life.

Apple Inc. (NASDAQ: AAPL) down 3.1% on 31.7 million shares traded. Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications.

Amgen Inc. (NASDAQ: AMGN) up 0.6% on 13.8 million shares traded. Amgen discovers, develops, manufacturers and delivers innovative human therapeutics.

Market Commentary: "Stocks dropped sharply on Friday with the Dow closing below 12,000 for the first time since mid-March. It seems rising oil prices and warnings of more mortgage-related write-downs at banks reignited investor fears of worse to come," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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