Boston, MA 03/20/2014 (wallstreetpr) – Durata Therapeutics Inc (NASDAQ:DRTX)‘s lead product dalbavancin can become an important catalyst for the company as it is up for approval from the FDA. It is to be noted that Durata acquired the rights of dalbavancin from its previous owner, Pfizer, who did not proceed with the new requirement of conducting non-inferiority study recommended by the regulatory body. Therefore, finally grabbing the lower risk opportunity, Durata Therapeutics Inc (NASDAQ:DRTX) finished off the trial studies successfully and here it is now for the approval. Dalbavancin, an antibiotic is considered to be of immense benefits due to its pharmacokinetic profile advantage. Experts have high hopes for it in the upcoming times.
WSP Holdings Limited (ADR) (NYSE:WH) came up with an announcement relating to the disposal of two of its subsidiaries, namely, Tuoketuo County Mengfeng Special Steel and Liaoyang Seamless Oil Pipes. Following a series of agreements that took place in December 2013, the company is said to have extinguished its equity interest in Mengfeng in exchange of a nominal cash payment, and as a result the company will have to account for a $39 million of loss in its books. Whereas, its Liaoyang Seamless disposal also accrued loss of $23 million to WSP Holdings Limited (ADR) (NYSE:WH). Both of these disposals will impact its financial results in 2013.
SmartPros Ltd. (NASDAQ:SPRO), which is regarded as a leader in professional education as well as corporate training, announced early this week about the launch of its latest eLP-Mobile eLearning platform. The new platform will allow its users to access training courseware and continuing education directly from their phones and tablets, which are supported by the program. SmartPros has put in an effort to deliver its customers with same high-quality content experience, as they find on their desktop player. SmartPros Ltd. (NASDAQ:SPRO) LP-Mobile program can be accessed using both WiFi as well as Cellular technology and designed to effectively offer a high-class learning experience.