News and FDA Updates for Spherix (Nasdaq:SPEX), UV Flu (OTC:UVFT), YM BioSciences (NYSE:YMI)

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On 01/20/11, Spherix Incorporated (Nasdaq:SPEX), an innovator in biotechnology for therapy in diabetes, metabolic syndrome and atherosclerosis; and providers of technical and regulatory consulting services to food, supplement, biotechnology and pharmaceutical companies, announced it has entered into definitive agreements to sell $2.77 million of shares of its common stock and warrants to purchase shares of its common stock in a registered direct offering to institutional investors.

On 01/20/11, UV Flu Technologies, Inc. (OTC:UVFT) is pleased to announce one of UV Flu's distributors, INE Global, has placed an order with The Rogerson House, one of Boston's pre-eminent Assisted Living Facilities.

On 01/20/11, YM BioSciences Inc. (NYSE:YMI), a life sciences product development company advancing a diverse portfolio of promising hematology and cancer-related products at various stages of development, announced results were reported from a randomized Phase II gastric cancer study of nimotuzumab being conducted by its licensees, Daiichi Sankyo Co., Ltd. in Japan and Kuhnil Pharma Co. Ltd., in Korea.

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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