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MultiCell Technologies&Nestle SATrend Analysis Reports: (OTCQB: MCET), (OTC Pink: NSRGY)


New York, NY -- (ReleaseWire) -- 02/27/2013 --MultiCell Technologies, Inc. (OTCQB: MCET) last traded at 0.0050, down 0.0014 or 21.88%. The stock trades in the range of 0.00 - 0.01 and also has a 52 week range of 0.00 - 0.01. The stock traded at an unusual high volume of 230.76M as compared to its 30 day average volume of 49M.

MultiCell Technologies, Inc. (MultiCell), is a biopharmaceutical company. MultiCell is engaged developing therapeutics and discovery tools to address unmet medical needs for the treatment of neurological disorders, hepatic disease, cancer and interventional cardiology and peripheral vessel applications. MultiCell is pursuing research and development targeting degenerative neurological diseases, including multiple sclerosis (MS) and cancer.

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Reuters reported that Nestle SA (OTC Pink: NSRGY) has agreed to buy U.S. medical foods company Pamlab. Nestle said it was not disclosing terms of the deal. It has also acquired U.S. firm Prometheus Laboratories, which makes tests and drugs for inflammatory bowel diseases, and UK-based CM&D Pharma Ltd, which makes a chewing gum for kidney patients.

Nestle SA is a Switzerland-based holding company of the Nestle Group (the Group) and is principally engaged in the development and production of food and beverage. The Group manages its Food and Beverages business through three geographic zones (Zone Europe, Zone Americas and Zone Asia, Oceania and Africa) and globally for Nestle Waters, Nestle Nutrition and Other Food and Beverages (Others).

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