Osteologix, Inc., a specialty biopharmaceutical company committed to improving the health of those afflicted with musculoskeletal diseases, yesterday announced that the company has been informed that a positive decision was made in Japan to grant a patent for a key osteoporosis drug. The Japan Patent Office (JPO) has issued Osteologix, Inc. a decision to grant a patent for application number 2006-504379: “Treating Cartilage/Bone Conditions with Water-Soluble Strontium Salts.”

The patent is for NB S101 (strontium malonate), the company’s lead osteoporosis drug candidate. Osteologix expects that the patent will be issued by the end of 2009 with a 20-year term that will expire in 2024. Osteologix has now received patent protection for its novel osteoporosis therapy in the three major pharmaceutical markets, including Europe, the United States and Japan.

Philip J. Young, the president and CEO of Osteologix, stated, “We believe the intellectual property protections established by this patent in Japan,

...

Osteologix, Inc. announced this morning that is has received a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for its U.S. Patent Application titled “Water-Soluble Strontium Salts for Use in Treatment of Cartilage and/or Bone Conditions.” The reported allowance of claims covers the treatment of osteoporosis and related bone conditions using NB S101 (strontium malonate), the company’s lead osteoporosis drug candidate.

The company anticipates that the patent will be issued in the second half of 2009. According to the press release, the patent’s 20-year term would expire in 2024. Additionally, the company has a number of other pending patent applications covering various aspects of the NB S101 drug program including composition, manufacturing and method of use patent applications.

“Based on the Notice of Allowance and the claims allowed by the USPTO, we believe the intellectual property protections established by this US patent allowance, coupled with our recently

...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Achillion Pharmaceuticals Inc (ACHN) Advance Auto Parts Inc (AAP) Advantest Corp (ATE) Agree Realty Corp (ADC) Aluminum Corp of China Ltd (ACH) Amkor Technology Inc (AMKR) ARYx Therapeutics Inc (ARYX) Barloworld Ltd (BRRAY) Bio-Reference Laboratories Inc (BRLI) The Buckle Inc (BKE) California Pizza Kitchen Inc (CPKI) Cerus Corp (CERS) Chipotle Mexican Grill Inc (CMG.B) Coca-Cola Enterprises Inc (CCE) Crucell NV (CRXL) D R Horton Inc (DHI) Dana Holding Corp (DAN) Delhaize Group (DEG) Diageo Plc (DEO) Distribucion Y SVC (DYSVY) Emergency Medical Services Corp (EMS) Gen-Probe Inc (GPRO) Healthcare Services Group Inc (HCSG) HLS Systems International Ltd (HOLI) ICU Medical Inc (ICUI) Keppel Corporation Ltd (KPELY) L'Oreal SA (...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Aaon Inc (AAON) AbitibiBowater Inc (ABH) Akamai Technologies Inc (AKAM) Barloworld Ltd (BRRAY) Basilea Pharmaceutic (BPMUF) BJ's Restaurants Inc (BJRI) Charlotte Russe Holding (CHIC) China GrenTech Corporation Ltd (GRRF) China Unicom (Hong Kong) Ltd (CHU) Chipotle Mexican Grill Inc (CMG) Dolan Media Co (DM) Embarq Corp (EQ) Emergency Medical Services Corp (EMS) Endologix Inc (ELGX) Facet Biotech Corp (FACT) Guaranty Bancorp (GBNK) Haemonetics Corp (HAE) Intersil Corp (ISIL) Intervest Bancshares Corp (IBCA) Invensys Plc (IVNYY) Liberty Media Corp (LCAPA) Nile Therapeutics Inc (NLTX) Osteologix Inc (OLGX) Pearson Plc (PSO) San Juan Basin Royalty Trust (SJT) SonicWall Inc (SNWL) Spherion Corp (SFN) Stockhouse Inc (STKH) Techne Corp (...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

AAON Inc (AAON) Belo Corp (BLC) Cadence Pharmaceuticals Inc (CADX) Caliper Life Sciences Inc (CALP) Covidien Ltd (COV) HLS Systems International Ltd (HOLI) HMS Holdings Corp (HMSY) Macrovision Solutions Corp (MVSN) Majesco Entertainment Co (COOL) NaviSite Inc (NAVI) Osteologix Inc (OLGX) Papa John's Int'l Inc (PZZA) Prudential Public Limited Co (PUK) Publicis Groupe SA (PUBGY) Reed Elsevier NV (ENL) Stericycle, Inc (SRCL) Valeant Pharmaceuticals International (VRX) Analogic Corp (ALOG) Centennial Communications Corp (CYCL) Dolan Media Co (DM) Endologix Inc (ELGX) HearUSA Inc (EAR) Lender Processing Services Inc (LPS) Stillwater Mining Co (SWC) Telstra Corporation Ltd (TLSYY) View the entire Zacks #1 Rank List.

Zacks ...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Aaron Rents Inc (RNT) Alleghany Corp (Y) Companhia de Bebidas das Americas (ABV) American Caresource Holdings Inc (ANCI) Answers Corp (ANSW) Atlantic Tele-Network Inc (ATNI) Atmos Energy Corp (ATO) Boston Properties Inc (BXP) China Agritech Inc (CAGC) Cox Radio Inc (CXR) Crown Castle International Corp (CCI) CTI Industries Corp (CTIB) Delhaize Group (DEG) DG FastChannel Inc (DGIT) Double Eagle Petroleum Co (DBLE) First American Corp (FAF) FPIC Insurance Group Inc (FPIC) Global Ship Lease Inc (GSL) Gold Reserve Inc (GRZ) The Hain Celestial Group Inc (HAIN) HRPT Properties Trust (HRP) Jack Henry & Associates Inc (JKHY) Kenneth Cole Productions (KCP) The Knot Inc (KNOT) Kratos Defense & Security Solutions Inc (...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Agree Realty Corp (ADC) Ajinomoto Co Inc (AJINY) Amerisafe Inc (AMSF) Bayer AG (BAYRY) Blackboard Inc (BBBB) Carriage Services Inc (CSV) Celera Corp (CRA) China Information Security Tech Inc (CPBY) DeVry Inc (DV) Dynamics Research Corp (DRCO) EF Johnson Technologies Inc (EFJI) Elbit Systems Ltd (ESLT) FiberTower Corp (FTWR) First California Financial Group Inc (FCAL) Flanders Corp (FLDR) Gmarket Inc (GMKT) Greatbatch Inc (GB) Kaman Corp (KAMN) LaCrosse Footwear Inc (BOOT) LJ International Inc (JADE) Magnetek Inc (MAG) Metabasis Therapeutics Inc (MBRX) Moog Inc (MOG.A) NCI Inc (NCIT) Novartis AG (NVS) Osteologix Inc (OLGX) Pegasystems Inc (PEGA) Power Medical Interventions Inc (PMII) Pressure BioSciences Inc (PBIO) ...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

American Caresource Holdings Inc (ANCI) American River Bankshares (AMRB) Amerisafe Inc (AMSF) athenahealth Inc (ATHN) Avigen Inc (AVGN) Bank of Commerce Holdings (BOCH) Barloworld Ltd (BRRAY) Chembio Diagnostics Inc (CEMI) Chemed Corp (CHE) China Information Security Tech Inc (CPBY) Continucare Corp (CNU) Corinthian Colleges Inc (COCO) Crystallex International Corp (KRY) Dynamics Research Corp (DRCO) EF Johnson Technologies Inc (EFJI) GenVec Inc (GNVC) Gold Reserve Inc (GRZ) Hanger Orthopedic Group Inc (HGR) Hutchison Telecom Intl Ltd (HTX) Immunomedics Inc (IMMU) ITT Educational Services Inc (ESI) La Jolla Pharmaceutical Co (LJPC) Maiden Holdings Ltd (MHLD) Market Leader Inc (LEDR) National Beverage Corp (FIZZ) NorthWestern Corp (NWE) Osteologix Inc (OLGX) Pegasystems ...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Dampskibsselskabet Torm A/S (TRMD) AMERIGROUP Corp (AGP) Angiotech Pharmaceuticals Inc (ANPI) Antares Pharma Inc (AIS) Cell Therapeutics Inc (CTIC) China Agritech Inc (CAGC) Coca-Cola Amatil Ltd (CCLAY) Corcept Therapeutics Inc (CORT) CTI Industries Corp (CTIB) Data Domain Inc (DDUP) EF Johnson Technologies Inc (EFJI) Encore Wire Corp (WIRE) Enterprise GP Holdings LP (EPE) Flamel Technologies SA (FLML) LB Foster Co (FSTR) Fresh Del Monte Produce Inc (FDP) The Geo Group Inc (GEO) Getty Realty Corp (GTY) Hanger Orthopedic Group Inc (HGR) HEALTHSOUTH Corp (HLS) Immucor Inc (BLUD) Information Services Group Inc (III) InterOil Corp (IOC) Kadant Inc (KAI) La Jolla Pharmaceutical Co (LJPC) LJ International Inc (JADE) ManTech International ...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Amerisafe Inc (AMSF) Avigen Inc (AVGN) British Airways plc (BAIRY) Cadence Pharmaceuticals Inc (CADX) China Information Security Tech Inc (CPBY) China-Biotics Inc (CHBT) Crystallex International Corp (KRY) Discovery Communications Inc (DISCB) Emmis Communications Corp (EMMS) Ferrellgas Partners LP (FGP) FiberTower Corp (FTWR) Global Ship Lease Inc (GSL) Labopharm Inc (DDSS) LJ International Inc (JADE) Maiden Holdings Ltd (MHLD) NUCRYST Pharmaceuticals Corp (NCST) Osteologix Inc (OLGX) Pegasystems Inc (PEGA) RiskMetrics Group Inc (RMG) S1 Corp (SONE) SCANA Corp (SCG) Strayer Education Inc (STRA) Sumitomo Mitsui Financial Grp Inc (SMFJY) TGC Industries Inc (TGE) Trubion Pharmaceuticals Inc (TRBN) Tyler Technologies Inc (TYL) Uranerz Energy Corp (URZ) VASCO Data Security International ...