Medical Device Stock Alert; PositiveID (OTCBB: PSID) Trades up over 17% on News
New York, NY- March 5, 2012 - Investorideas.com, an investor research portal specializing in sector research including biotech and pharma stocks, issues a trading alert for PositiveID Corporation (OTCBB: PSID), a developer of medical technologies for diabetes management. The stock is trading up at $0.1380, up 0.0203 (17.25%)as of 10:29AM EST, on over 500,00 shares.
The Company reported news this morning that it has finalized its first-in-class development of a fully synthetic glucose sensing system to measure glucose levels within the body for people with diabetes. PositiveID and its partner RECEPTORS LLC believe they are the first to develop a fully synthetic, stable, sensitive, selective sensing system that is responsive to glucose in human plasma, which is considered to be a critical step in the development of an artificial pancreas.
Full news: http://www.investorideas.com/ CO/PSID/news/2012/03051.asp
Investorideas.com Newswire
About PositiveID Corporation
PositiveID Corporation develops unique medical devices and molecular diagnostic systems, focused primarily on diabetes management, rapid medical testing and airborne bio-threat detection. Its wholly-owned subsidiary, MFS, is focused on the development of microfluidic systems for automated preparation of and performance of biological assays. For more information on PositiveID, visit www.PositiveIDCorp.com.
PositiveID Corporation (OTCBB: PSID) is a featured biotech company on Investorideas.com
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