Monthly Archives: March 2015

Endeavor IP, Inc.’s Wholly-Owned Subsidiary, Endeavor MeshTech, Inc., Announces it has Filed Patent Infringement Lawsuits Against Two New Defendants

NEW YORK, NY / ACCESSWIRE / March 26, 2015 / Endeavor IP, Inc. (OTC Pink: ENIP) (“Endeavor”), an intellectual property services and patent licensing company, announced today that its wholly-owned subsidiary Endeavor MeshTech, Inc. (“MeshTech”) has filed patent infringement lawsuits against two additional defendants.

On March 25, 2015, MeshTech filed a patent infringement lawsuit against Synapse Wireless, Inc. in the United States District Court for the Northern District of Alabama. On the same day, MeshTech filed a patent infringement lawsuit in the United States District Court for the Eastern District of North Carolina against Tantalus Systems, Inc. 

The lawsuits allege that the defendants have infringed and continue to infringe the claims of U.S. Patent Nos. 7,379,981, 8,700,749, and 8,855,019.

“The filing of these lawsuits show that we continue to work hard to monetize our patent portfolios,” stated Franciscus Diaba, Endeavor’s Chief Executive Officer.

About Endeavor IP, Inc.

Endeavor IP, Inc. is an intellectual property services and patent licensing company that is engaged in the acquisition and licensing of intellectual property. Endeavor is based in New York, NY.

www.enip.com

Forward Looking Statements

Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” estimate,” “continue,” “predict,” “demonstrate,” “forecast,” “project,” “plan,” “intend,” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company’s filings with the Securities and Exchange Commission (the “SEC”), not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Investor Relations:
Crescendo Communications, LLC
Email: enip@crescendo-ir.com
Tel: (212) 671-1020

SOURCE: Endeavor IP, Inc.

ReleaseID: 427255

Dajin Closes $200,000 Financing

VANCOUVER, BC / ACCESSWIRE / March 26, 2015 / Dajin Resources Corp. (the “Company”) (TSX Venture: DJI) (PINKSHEETS: DJIFF) is pleased to report that it has closed the non-brokered Private Placement announced on March 16, 2015 with the issuance of 4,000,000 Units to 3 investors for net proceeds of $200,000. The 4,000,000 common shares issued pursuant to this financing are subject to a four month hold period expiring July 27, 2015. A finder’s fee of 400,000 Units will be issued in respect to this financing.

Each Unit consists of one common share in the capital of the Company (“Common Share”) and one non-transferable share purchase warrant (“Warrant”). Each Warrant entitles the holder thereof to purchase one Common Share of the Company at a price of $0.05 on or before March 26, 2017.

Proceeds from the Private Placement will be used for property exploration, project development,

review of new projects and for general working capital.

About Dajin: (www.dajin.ca)

Dajin is an early stage energy metals exploration company holding a 100% interest in claims known to contain lithium and boron values in the Teels Marsh region of Mineral County, Nevada. These claims, which cover 2,191 hectares (5,414 acres), are located adjacent to the site of US Borax Corp’s first borax mine.

Dajin also holds a 100% interest in concessions or concession applications in Jujuy Province, Argentina that were acquired in regions known to contain brines with potassium, lithium and boron values. These concessions total approximately 100,000 hectares (247,000 acres) with 80,248 hectares (198,000 acres) located in the Salinas Grandes/Guayatayoc salt lakes basin adjacent to concessions held by Orocobre Limited (ORL-T: TSX), who is partnered with Toyota Tsusho.

For further information please contact:

DAJIN RESOURCES CORP.

Brian Findlay, President
Email : info@dajin.ca

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE: Dajin Resources Corp. 

ReleaseID: 427266

Project Nutribyte Offers Affordable Supplements on Indiegogo

Escondido, CA – On March 20 2015, Alex Stubblefield launched an Indiegogo campaign for Project Nutribyte, a new line of dietary health supplements.

“Here at Nutribyte, we strive to produce high quality supplements that are affordable to your average fitness guru. The products we sell are fully transparent and are labeled for their intended use,” says the creator, “Our products are dietary supplements and we also provide malnourished countries with nutritional products. We will donate a month supply of nutritional supplements with each purchase of supplement in our perks.”

The team behind Project Nutribyte is excited to introduce a line of supplements that are easy and intuitive to use. No exaggerated marketing or complicated labels, just beneficial health supplements for the average fitness enthusiast. The goal if Project Nutribyte is to bring affordable health supplements to the world in a way that is sustainable and gives them a chance to give back. Now they have turned to Indiegogo for the help they need to make these supplements a reality.

“For us to bring the “Nutribyte” to life, we need your support!” Stubblefield explains, “Your generous funding will help us get things started in order to realize our concept. It will assist us with the cost of further development, manufacturing and production. More importantly you get the chance to be one of the first users of the ‘Nutribyte’.”

In exchange for pledging to the project, backers can gain access to a variety of affordable supplements including 15 Day Cleanse for $13, Fish Oil for $15, Multivitamin for $23, Whey Isolate (strawberry, vanilla, or chocolate) for $55, and more! They are also offering packages, such as the Weight Loss Package for $51 or the Healthy Living Package for $93. Plus for each pledge Nutribyte will donate supplements to malnourished countries.

“Things we take for granted like food and water are luxuries to people in third world countries. People are dying daily from lack of nutrition and food,” the team states, “We’re out to change this one “Nutribyte” order at a time!”

To learn more about Project Nutribyte, check out the Indiegogo project here or contact the creator below.

Image: https://images.indiegogo.com/file_attachments/1302847/files/20150317111544-kickp3.png?1426616144

Distributed by CrowdfundingPR

Media Contact
Company Name: Project Nutribyte
Email: alex.stubblefield@nutribytesupplements.com
Country: United States
Website: https://www.indiegogo.com/projects/project-nutribyte

ReleaseID: 500239


Source: GetNews

Bride of the Nile Adventure Game on Kickstarter

Osaka, JA – On March 4 2015, Abdalla Barakat launched an Indiegogo campaign for ‘Bride of the Nile’, a 3D action/adventure game based on Egyptian history. The game follows a yearly festival during which the Egyptians were believed to sacrifice a virgin to the Nile.

“The story is deep, with plot twists and based on historical true events, with different themes. You will take part of historical battles between pharaohs, Persians, Arabs and Byzantines,” the creator explains, “You will play as a Byzantine noble fighting to save the girl he loves, you will also play as an Egyptian girl escaping from an oppressive military rule…”

‘Bride of the Nile’ is an action-packed 3D adventure game that is also a tale of bravery and love. This game invites players to face tyranny in 7th century Egypt, and is one of few media productions brought to the international market that introduces Egyptian culture and history with native voice acting.

“Until we start to create the complete 3D game, we decided to create ‘Bride of the Nile’ as a story (visual novel) and it is already released to the Android Play Store in Arabic and Japanese,” says Barakat, “We need at least $55,000 to create the complete 3D adventure game ‘Bride of the Nile’ with higher quality for 3D, gameplay and 2D drawings, to refurbish existing parts, add support to different languages, and release it on Android, iOS and PC devices.”

In exchange for pledging to the project, backers can gain access to a variety of rewards including Bride of the Nile on Android, iOS, or PC, your name in the game credits, your logo as a sponsor on the game’s website or in the credits, and more.

To learn more about the game, check out the Indiegogo project here or contact the creator below.

Image: https://images.indiegogo.com/file_attachments/1272139/files/20150305160338-twitter11.jpg?1425600218

Distributed by CrowdfundingPR

Media Contact
Company Name: Bride of the Nile Adventure Game
Email: contact@ramadansoft.com
Country: Japan
Website: https://www.indiegogo.com/projects/bride-of-the-nile-adventure-game

ReleaseID: 500238


Source: GetNews

Artist Uses Light to Portray Jesus in Kickstarter Campaign

New Orleans, LA – On March 17 2015, Jed Malitz launched a Kickstarter campaign for The Ultimate Sacrifice, a series of three glass sculptures portraying Jesus as light on Via Dolorosa, His Crucifixion and Resurrection.

“I wish to depict three significant biblical events through monumental glass sculptures and their redirected light. These sculptures will be spiritually moving, unparalleled in their beauty and unique in the art world,” Malitz shares, “One of these three sculptures, depicting The Crucifixion, has already been completed as a proof of concept.”

“When visitors to my gallery see a depiction of His floating body, appearing to be made entirely of light and without any flesh, some have cried, some have frozen in amazement, and some have lingered in silence for many minutes, observing the artwork from every angle,” says Malitz, “Through Kickstarter I hope to create the two remaining glass sculptures that will depict Him on Via Dolorosa and The Resurrection.”

Malitz has created a new form of sculpture that uses 3D cut glass and light to simultaneously depict both the human subject and their soul. Depending on the visitor’s angle of view, they will either see Christ depicted through 3D silhouettes of glass, or see Him depicted through refracted light, or both depictions at the same time. The artist has successfully completed 5 glass sculptures in the past. The finished sculptures will remain in the artist’s gallery for public viewing until permanent placements are found for them.

In exchange for pledging to the project, backers can gain access to a variety of rewards including paper or metal prints of photos taken of the sculptures, a private catered dinner for two with the artist, and more. The limited edition rewards will be exclusive to this campaign.

“These photographs will be impossible for visitors to take without a studio setup around the sculptures (including backdrops, camera hides, strobes, lighting adjustments, etc.),” Malitz explains.

To learn more about the Kickstarter, check out the project here or contact the creator below.

Image: https://ksr-ugc.imgix.net/projects/1505639/photo-original.png?v=1425504618&w=1024&h=768&fit=crop&auto=format&lossless=true&s=db38fdf53ef986e150ea7ca3a0c6fd1d

Distributed by CrowdfundingPR

Media Contact
Company Name: The Ultimate Sacrifice
Contact Person: Jed Malitz
Email: jed@jedmalitzv2.com
Phone: 985-773-0458
Country: United States
Website: http://www.jedmalitzv2.com/

ReleaseID: 500236


Source: GetNews

Exacter Field Data is Showing Grid Vulnerability to Lightning Strikes – Surge Arresters Make Up 20-40% of Deteriorating Line Equipment Findings

COLUMBUS, OH / ACCESSWIRE / March 26, 2015 / Lightning arresters /surge arresters are electric utilities’ first line of defense against surge-related power outages. However, current field metrics from Exacter, Inc. are showing that 20-40% of the problems they uncover on the grid are these devices. Exacter grid inspection surveys and analytic reports covering millions of poles across the US power grid reveal a significant amount of lightning arresters have either failed or deteriorated in performance, and may not protect against surges. “There are often no visual or heat-related signs that a lightning arrester is deteriorated or has failed making it almost impossible to determine if each arrester is in working condition,” states Geoffrey Bibo, Exacter President. “Our proprietary technology has been very effective at identifying and locating the Failure Signatures(TM) associated with arresters and our data is showing that about 20% of the problematic conditions we find are related to these devices. In the southeast that number is more than 40%.” To see Exacter’s cumulative data on deteriorated equipment across the US power grid, click this link, http://www.exacterinc.com/problematic-equipment-statistics.

Industry statistics seem to validate Exacter’s field metrics showing 20% of all power outages (more than 372,000 annually in the U.S.) occur because lightning arresters had failed prior to the lightning strike. What makes this problem even more significant is that when an arrester fails, all of the equipment it was supposed to protect can be damaged – often causing prolonged power outages.

“In the past utilities have been frustrated because there has never been a cost-effective, logistically-viable means to evaluate arrester health on a system-wide basis,” continued Bibo. “However, with the advent of Exacter technology, utilities can identify arrester Failure Signatures(TM) across a system – and in a matter of about 6 weeks, receive maps, GPS locations, and a photograph of all the lightning arresters exhibiting signs of deterioration – everything necessary to take targeted action.”

With electrical storm season fast approaching, this is a very strategic time for utilities to consider shoring-up their lighting arrester defense shield. Because an arrester protects multiple devices and sometimes impacts multiple commercial facilities, targeted efforts toward these devices can have a very positive return on investment. 

“We have developed a specific survey called The Lightning Arrester Verification Program,” states John Lauletta, CEO and Chief Technology Officer at Exacter, Inc. “We provide a 40,000 ft view of where the problems are. While we will identify a comprehensive list of faulty arresters, we often recommend a strategy of targeting components on key circuits near reclosers, substations, and commercial/industrial locations that will have the biggest impact on overall reliability. This approach is more cost-effective and allows the utility to deploy its field resources to the most important targets – and we provide actionable data in a matter of weeks.” Learn more about lightning arrester testing and maintenance here, http://www.exacterinc.com/verification-of-lightning-arresters.

Proprietary Exacter technology identifies leaking current, which is the primary sign of a failed lightning arrester. Vehicles equipped with Exacter technology drive circuits and report the GPS locations of equipment that is arcing, tracking, or in the case of arresters, leaking. Field verification teams go to each location using ultrasonic technology to confirm the problematic condition. The final report includes pole numbers, GPS location, GIS compatible files, and a photograph of the actual deteriorating or failed equipment.

Since 2007, Exacter has surveyed millions of utility poles. Their field-proven process is highly accurate for identifying equipment in deteriorated or weakened condition.

“The statistics don’t lie. There is a significant portion of the utility industry’s lightning arresters in a deteriorated condition. With an aging distribution infrastructure, the problem is only going to get worse,” concluded Lauletta. “By shoring up a utility’s defense shield, you minimize collateral equipment damage from lightning strikes. The Lightning Arrester Verification Program provides utilities with a strategy to evaluate and strengthen their lightning protection before the spring storm season.” A recent White House study on Grid Resilency discusses investing in ways to improve grid reliability, see it here http://www.exacterinc.com/White-House-Grid-Study.

Exacter, Inc. is a provider of predictive technology and grid health inspection services to the electric utility industry. Data gathered through field surveys provide valuable management analytics for the development of a variety of reliability strategies. Exacter field analytics and intelligence is also being used for the quality assurance of Smart Grid systems, AMR systems, and critical measurement of transmission lines.

CONTACT:

Jason Nowland
The Nowland Group
614-332-1994
jason@nowlandgroup.com

SOURCE: Exacter, Inc.

ReleaseID: 427259

ADTSEA Wins First Michelin / FIA Teen Road Safety Grant

$100,000 Grant Will Fund Program For Driver Education Teachers To Instruct On Teen Tire Safety Awareness

INDIANA, PA / ACCESSWIRE / March 26, 2015 / ADTSEA, the American Driver and Traffic Safety Education Association, has been named winner of the first $100,000 Michelin/FIA Teen Road Safety Grant. ADTSEA is the professional association representing traffic safety educators throughout the United States and abroad.

The award was announced by Michelin, a global designer, manufacturer and seller of tires for every type of vehicle, and Federation Internationale de l’Automobile(FIA), the governing body for world motor sport and the federation of the world’s leading motoring organizations from 134 countries on five continents.

ADTSEA was chosen to receive the entire $100,000 in grant funding for its proposal to develop a tire safety and maintenance training module to improve the safety of teen drivers. In addition to continuing the goals of Michelin’s Beyond the Driving Test campaign, this first year of the program celebrates the North American debut of the FIA-sanctioned Formula E Championship in Miami and Long Beach, Calif. Formula E is the highest class of competition for electrically powered cars.

As part of the grant, ADTSEA will deliver the newly developed training module through seven one-day workshops to approximately 200 driver education teachers in Miami, FL and Long Beach, CA and at the ADTSEA national conference in July. The workshops in Miami, FL and Long Beach, CA will be scheduled between the Fall of 2015 and the Spring of 2016. Additional details will be available once the workshops have been scheduled.

The one-day sessions will focus on how to teach tire safety and maintenance and how to incorporate this training module into driver education curriculums including the ADTSEA 3.0 Driver Education Curriculum. Participants will receive a free copy of the ADTSEA 3.0 Driver Education Curriculum – including lesson plans, learning activities, visuals and videos – customized with Michelin tire safety materials. As part of the teacher workshops, hands-on activities will “teach the teachers” how to conduct training on checking tire pressure, tread depth and tire condition. A Michelin tire expert will be on hand to provide technical expertise and answer questions. Teachers will be encouraged to take this information back to their own communities and conduct workshops for other teachers and the tire safety and maintenance module will be available on the ADTSEA website for downloading free of charge.

“ADTSEA is honored to be awarded this grant from Michelin and the FIA and we look forward to adding tire safety to our core curriculum,” said Allen Robinson, chief executive officer of ADTSEA. “This is a natural extension of our mission to equip the novice driver with the skills to begin the lifelong learning process of driving in today’s challenging highway transportation system.”

Pete Selleck, chairman and president of Michelin North America, said, “We are pleased to award the inaugural Michelin/FIA Teen Road Safety Grant to ADTSEA. Their proposal can easily be scaled to reach driver education teachers across the country and sustained well into the future. Through ADTSEA’s reach and commitment to quality education, we can help close a dangerous safety gap among teen drivers and create a lasting community legacy.”

Automobile crashes are the No. 1 killer of teens in America, with more than 5,000 deaths each year.* Of the 2.2 million vehicle crashes taking place annually, 12 percent are among inexperienced drivers and involve tire-related issues such as insufficient tire tread or improperly inflated tires. **

In addition to this grant, Michelin and the FIA are making resources available at beyondthedrivingtest.com to help teens and parents brush up on their car and tire maintenance skills. The two organizations are also committed to rallying the industry, calling for all 50 states to include tire safety information in their official driver’s education materials by 2020.

Michelin has partnered with the FIA since 2011 through a shared commitment to innovation and road safety and is a founding partner of Formula E. A unique feature of the Formula E series is the plan to leave a lasting legacy behind in the communities where the races are held.

About Michelin

Dedicated to the improvement of sustainable mobility, Michelin designs, manufactures and sells tires for every type of vehicle, including airplanes, automobiles, bicycles, earthmovers, farm equipment, heavyduty trucks and motorcycles. The company also publishes travel guides, hotel and restaurant guides, maps and road atlases. Headquartered in Greenville, S.C., Michelin North America (www.michelinman.com) employs more than 21,500 and operates 20 major manufacturing plants in 17 locations.

About Federation Internationale de l’Automobile (FIA)

The FIA is the governing body for world motor sport and the federation of the world’s leading motoring organizations. Founded in 1904, with headquarters in Paris, the Federation Internationale de l’Automobile (FIA) is a non-profit making association. It brings together more than 230 national motoring and sporting organizations from over 134 countries on five continents. Its member clubs represent the interests of millions of motorists and their families. The FIA is also the governing body for motor sport. It administers the rules and regulations (including safety regulations) for all international motor sport.

About the American Driver and Traffic Safety Education Association (ADTSEA)

ADTSEA is a national advocate for quality traffic safety education; ADTSEA creates and publishes policies and guidelines for the discipline. ADTSEA conducts conferences, workshops and seminars and provides consultative services. The organization also develops educational materials. In 1970, ADTSEA took over the management of the National Student Safety Program (NSSP) from the National Education Associations Safety Commission (which was disbanded at that time) and has maintained this program ever since.

* 2012 NHTSA study focused on tire problems as experienced by light vehicles in the pre-crash phase.

** Centers for Disease Control and Prevention. Web-based Injury Statistics Query and Reporting System: 2012.

Contact:

David Reich
david@reichcommunications.com
212 573-6000

SOURCE: American Driver and Traffic Safety Education Association (ADTSEA)

ReleaseID: 427263

Hooke Audio Launches Hooke Live Sessions On YouTube

Hooke Live Sessions Features Live Recordings Of Musicians Employing Hooke’s VERSE Binaural Recording Headset

BROOKLYN, NY / ACCESSWIRE / March 26, 2015 / Hooke Audio, manufacturers of the Hooke VERSE – the world’s first mobile 3D audio Bluetooth headset recording system for the mass market – has launched HOOKE LIVE SESSIONS, offering a line-up of live recordings featuring various artists utilizing the company’s acclaimed wireless mobile 3D audio headset.

“While Hooke VERSE offers everyone everywhere the first-ever opportunity to record sound AND play it back for the world exactly the way it was heard, our mobile 3D Bluetooth binaural recording system has a particular appeal to performing musicians.Hooke VERSE captures and presents live music via social media platforms in an extraordinarily immersive manner.We are excited to provide a showcase on our YouTube Channel to demonstrate how Hooke VERSE will make a profound difference for musicians and their fans,” said Anthony Mattana, founder and inventor of Hooke Audio.

“We’re excited to be involved with this,” said Brooklyn-based Partisan Records. “Anything that can improve a fan’s experience of artists they love is something we’re interested in. We can’t believe this technology hasn’t been around for longer and it’s great to be part of the process.”

Available for preorder via the Hooke Audio website at only $139 dollars (www.hookeaudio.com), the stylish Hooke VERSE headset incorporates specially-designed binaural mics that capture audio exactly the way it is being heard by the wearer – the way the ear actually captures sound.Hooke Audio’s integrated app allows users to record, edit, and trim Mobile 3D Audio, then pair it with the smartphone’s video camera to upload to social networks or live streaming.In playback, Hooke recorded 3D sound can be heard with any stereo headset or speaker configuration.Unlike Surround Sound technology, the Hooke Audio system does not require multiple speakers or special headphones.

Hooke Audio has several new and established acts lined up over the coming months set to appear on Hooke Live Sessions. It is the first time YouTube has a dedicated channel for binaural music recordings. Hooke Live Sessions is setting a new standard for music video audio.

The Hooke Audio YouTube Channel is located at: https://www.youtube.com/HookeAudio.

About Hooke Audio:

Founded in 2014 by musician and recording engineer Anthony Mattana, Hooke Audio is the manufacturer of the world’s first mobile 3D audio Bluetooth recording system for the mass market.Making flat audio a thing of the past, precisely-positioned mics inside Hooke Audio’s ear buds capture the sounds coming from all around.The accompanying Hooke Audio mobile production app allows users to record, edit and trim Hooke’s patented Moblie 3D audio, and share it the way it was captured via a paired smartphone to upload into social networks or even live streaming.

CONTACT:

SSA Public Relations
Steve Syatt
ssyatt@ssapr.com
(818) 907-0500

SOURCE: Hooke Audio

ReleaseID: 427262

Soho Office Space Goes Mobile

Soho Office Space today announced that their recently launched office rental website has gone live in a fully mobile-friendly format.

London, UK – March 26, 2015 /PressCable/

The new website at SohoOfficeSpace.co.uk allows people to gain access to information about serviced offices and conventional office buildings in Soho, and to quickly get detailed information, find rental prices and arrange viewings.

“Our new site was created to help companies that wish to obtain space in one of London’s most vibrant business areas, and having it fully compatible with mobile devices was a vital requirement,” said spokesperson Clare Jones. “A significant portion of the site’s users access it while on the move, and the new responsive website delivers our complete range of Soho Office Space to anyone, anywhere.”

There are approximately 37,000 square feet of office space in the district, and office-based firms generate 16 per cent of Soho’s total income. Soho has one of the largest concentrations of small businesses in the West End, which means that the majority of companies who decide to set up business here are looking for premises that can accommodate between 3 and 8 employees. Average office footage in Soho ranges between 2,500 and 4,000 square feet.

“Soho remains an extremely popular location for businesses, but as with some other parts of central London the limited supply and growing demand has pushed rental values up,” continued Clare Jones. “Parts of the district have experienced price increases of as much as 30 per cent over the last couple of years, meaning that finding comprehensive information about availability and getting access to competitive best prices is more important than ever. We have optimised all this to be available instantly on any device, from listings of currently available serviced offices to information about Soho as a working environment.”

Our team can be contacted via the following url sohoofficespace.co.uk/contact.htm

For more information about us, please visit http://www.sohoofficespace.co.uk

Contact Info:
Name: Clare Jones
Organization: Soho Office Space
Address: www.sohoofficespace.co.uk
Phone: 0800 1444 888

Release ID: 77942

Using Cancer to Treat Liver Failure and Insecticides to Filter Viruses from Blood, Crazy or Genius?

CORAL GABLES, FL / ACCESSWIRE / March 26, 2015 / Two months ago, Vital Therapies (VTL) announced full enrollment for a pivotal phase 3 trial of its ELAD system. Now that it’s fully enrolled, it’s only a matter of time before results are announced. What is ELAD? It’s essentially an external liver support system for patients with chronic liver disease, or CLD, of which there are over 100,000 cases each year in the US according to the CDC, and which causes over 1 million deaths each year in China due to endemic viral diseases like Hepatitis C. CLD is actually the fifth leading cause of death in the People’s Republic. 

Until Vital began testing ELAD, the idea of an external liver was considered impossible. The liver is responsible for an estimated 500 biological functions, so it is impossible to mimic liver function without using actual liver cells. It’s not like kidney function, which mainly filters the blood and can be mimicked by dialysis to a certain extent outside the body. The problem is, actual liver cells, or hepatocells, cannot survive outside the body. They begin to die almost immediately.

However, there is one kind of liver cell that can indeed survive outside the body indefinitely: hepatoblastoma cells, or to use the common language, liver cancer. And that’s what the ELAD system is based on.

Liver cancer inside the body is deadly not because the cells themselves do anything detrimental, but because they don’t stop growing, spread to other parts of the body and crowd out other organs. But outside the body and no threat to the patient, liver cancer cells can perform very similar functions to normal liver cells. In a sentence, ELAD grows hepatoblastoma cells, packs them by the pound into cartridges called the ELAD system, and uses them as an external liver to patients with CLD and those awaiting transplant. 

Vital is trying to be discreet about the use of liver cancer cells in its lead product, only mentioning the word “hepatoblatoma” once in its official description of the system, calling them instead “human-derived C3A liver cells.” Nevertheless, the function performed by these cells is similar to normal hepatocytes, though not exactly the same. The main differences are that C3A cells do not process ammonia as effectively, and C3A cells produce a large amount of a waste protein called AFP. These compounds, however, can by removed by dialysis.

With Phase 3 results due in April and overall survival at 91 days the primary endpoint, the stock has been steadily rising 41% since the beginning of February. With results only weeks away, the market may be smelling something. This specific trial is treating patients with alcohol induced liver failure, but if ELAD works in this indication, there is little reason it wouldn’t function in the same way for patients with liver failure due to other causes like hepatitis C.

Speaking of Hepatitis C and External Blood Filters, Meet the HemoPurifier

As original as using liver cancer cells to function as an external liver is, there’s another company working on an external blood filter of perhaps equal originality: using insecticides to filter viruses directly out of blood.

The idea of filtering out viruses from the blood is actually not science fiction. It’s not quite standard of care for viral infections yet either, but it is definitely no longer strictly relegated to the realm of childhood fantasies. Aethlon Medical’s (AEMD) Hemopurifier is the device that may yet break the viral-filtration barrier. In fact, the first stage of a two-stage clinical trial process for FDA approval is well under way. 

While the process of filtering a virus out of the blood may seem complicated to the point of being magical, the concept behind the Hemopurifier is actually quite simple. Filtering viruses out can’t be done simply by passing blood through tiny holes, because viruses are so small that doing such would filter everything out of the blood and leave the patient with nothing but salt water. And if you try to put some of the filtered material back in, you’ll just end up putting the viruses back in, too. 

But say you wanted to filter tiny iron filings out of a pile of marbles. All you’d have to do is use a magnet and you’re done. The Hemopurifier uses what can be called a virus magnet made out of a material called galanthusnivalis agglutinin, or GNA. GNA is a naturally occurring molecule that comes from a plant called snowdrop. GNA is in a class of molecules called lectins, which are proteins that stick to sugars. Lectins are most widely employed in the food industry because they are mild pest controlling insecticides mostly nontoxic to humans. Genes that encode lectins have been crossed into mass-produced grains in order to ward off insects, and GNA specifically has been tested with wheat as an insecticide as well. 

The special quality of GNA, however, is not its insecticidal potential for the food industry, but that it specifically sticks to sugars that happen to be on the surfaces of most viruses that circulate in the blood stream. These virus sugars are called glycoproteins, which are proteins with carbohydrate (sugar) tentacles that viruses use to attach themselves to cells and inject their genetic code into them. Glycoproteins are the hooks, the grapplers of viruses that let them infect your cells, and GNA grabs on to them like glue, allowing the rest of the blood to pass through. 

The Hemopurifier basically consists of a tight cylindrical packing of GNA with plasma filters. It is attached as an added filtration unit to an existing dialysis machine, so no additional hardware is required. 

Does it work?

While a large scale clinical trial is yet to be done with the Hemopurifier (Aethlon is currently enrolling patients 2 and 3 of 10 in a feasibility study) there is hard evidence that the Hemopurifier pulls viruses out of the blood with little to no side effects. In a 12-patient study of HCV patients conducted in India, no adverse events were reported, and 10 patients achieved a sustained virologic response, the technical term for a cure with HCV. 7 of those 10 acheived a rapid virologic reponse, which means a cure within 30 days of treatment. But the concreteness of the results is what they found in the Hemopurifier after each treatment on average, which was 300 billion copies of HCV.

There is even evidence that the filter works for Ebola as well. In late October 2014 when the last Ebola epidemic was at its peak in West Africa, Time Magazine reported that one patient from Sierra Leone arrived in Germany and progressed to multiple organ failure. He was treated with several experimental therapies including the Hemopurifier and was eventually cured. Doctors cannot say conclusively that the Hemopurifier cured him, but they can say conclusively that immediately before the filtration, his viral load was 400,000 copies per mL, and after it was only 1,000. It was this episode that prompted Time to name the Hemopurifier one of the top 25 inventions of 2014.

Regulatory Pathway

To get to where Aethlon is now was not easy. Convincing the FDA to allow even a feasibility study took 5 years of negotiations. Aethlon is now working with DaVita (DVA) to treat 10 patients with end stage renal disease who also happen to have HCV. Since they are on dialysis anyway, it’s only a matter of plugging in the Hemopurifier to the machine they are already on and monitoring the virus. 3 patients have been treated out of 10, with results scheduled around October. 

After that, since the Hemopurifier is not a new biologic drug, the regulatory pathway it must traverse from there to approval only requires one more pivotal clinical trial after the completion of the feasability study. There is no phase 3 like there is for Vital’s ELAD. 

Applications

The potential for the Hemopurifier does not end at HCV or even Ebola. Since almost all viruses are glued to GNA naturally, the device could theoretically work on any virus as long as it circulates in the blood stream, including incurable ones like herpes, and even HIV for which it has already been tested with encouraging results including a 55% reduction in viral load. For patients that have developed a tolerance to whatever antiviral therapy they have been using, it could be the only alternative once resistance takes hold. Viruses can develop resistance to a drug, but they cannot resist being glued to GNA in a filter. 

Despite being public for 16 years already, Aethlon has been very frugal, burning through only $80M since inception in 1999. Vital, on the other hand has an accumulated deficit of over $140M. Much of that has to do with with extremely expensive nature of a pivotal phase 3 trial that Vital is currently conducting. ELAD, even though an external filter, is still a biologic and requires a phase 3. The Hemopurifier does not, since it is not a biologic.

Potential Low Cost

Hepatitis C has been a huge driver of the biotech sector with annual sales breaking through the $10B annual mark for Gilead’s (GILD) Sovaldi last year and Abbvie’s (ABBV) Viekira Pak expected to sell $3.5B this year. But Sovaldi is literally $1,000 a pill and Viekira is only 12% less than that. Judging by the low burn rate that Aethlon has had since inception 16 years ago, the cost of the Hemopurifier will likely be much lower.

The next milestone will be the completion of the feasibility study later this year, followed by a pivotal efficacy trial. And while mega $10B blockbusters like Sovaldi only treat HCV, the hemopurifier can theoretically treat any blood borne virus. Disruptive indeed. 

CONTACT: Adam Heimann
BiotechStocks.com
info@biotechstocks.com

SOURCE: Biotechstocks.com

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