News and FDA Updates for Mentor Capital (OTC:MNTR), NexMed (Nasdaq:NEXM), Onyx (Nasdaq:ONXX)

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On 02/01/10, Mentor Capital, Inc.'s (OTC:MNTR) first funding tranche to extend its investment in its proprietary Cancer Immunotherapy Index closes. Cash investment from 1,400 existing shareholders projects to be approximately 20% oversubscribed from target. Company management reservation to fund will be correspondingly reduced to remain within the $1.2 Million seed funding limit.

On 02/01/10, NexMed, Inc. (Nasdaq:NEXM), a specialty CRO and a developer of products based on the NexACT technology, announced the NASDAQ Listing Qualification Panel (the "Panel") has determined NexMed has evidenced compliance with the market value of listed securities requirement for continued listing on The NASDAQ Capital Market by evidencing a market capitalization in excess of $35 million for a minimum of ten consecutive trading days, in lieu of the $2.5 million in stockholder´s equity as required by the Panel´s decision dated December 17, 2009.

On 02/01/10, Onyx Pharmaceuticals, Inc. (Nasdaq:ONXX) announced it has appointed Ted W. Love, M.D., Executive Vice President and Head of Research and Development.

Biotech investors interested in seeing more details about these stories and accessing the complete database of clinical trials and upcoming FDA decisions can access that information here:

http://biomedreports.com/fda-calendar/fda-calendar.html

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