DALLAS, June 1, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring MultiCell Technologies Inc. (OTCBB:MCET). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
MultiCell Technologies Inc. (MCET) is a clinical-stage biopharmaceutical company developing novel therapeutics and discovery tools that address unmet medical needs for the treatment of neurological disorders, hepatic disease and cancer.
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In the report, the analyst notes:
"Shares of MCET rocketed more than 356% in yesterday's trading on news that the company was awarded a patent relating to the isolation and use of human liver stem cells to treat liver disease. The Rhode Island-based biopharmaceutical firm has signed an agreement with Rhode Island Hospital to be the worldwide licensee of U.S. patent 7,935,528."
"MCET chairman and CEO W. Gerald Newmin said the Company is pleased that the U.S. Patent and Trademark Office has agreed that its liver stem cells are indeed novel and may lead to important therapeutic applications."
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