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Stock impact report

Precision Therapeutics Reports First Quarter 2018 Financial Results

PRECISION THERAPEUTICS INC COMMON (AIPT) 
Company Research Source: GlobeNewswire
MINNEAPOLIS, May 15, 2018 (GLOBE NEWSWIRE) -- Precision Therapeutics Inc. (NASDAQ:AIPT) (“Precision” or “the Company”), a company focused on applying artificial intelligence to personalized medicine and drug discovery, announced today financial results for the three months ended March 31, 2018 and provided a business update. Highlights of the first quarter of 2018 and recent weeks include: • Changed corporate name from Skyline Medical to Precision Therapeutics and changed its NASDAQ Capital Market ticker symbol from 'SKLN' to ‘AIPT' • Signed an LOI to increase the Company’s equity stake in Helomics Corporation® from 25% to 100% • Precision Therapeutics, Helomics Corporation and GLG Pharma formed a partnership to use their combined technologies to bring personalized medicines and testing to ovarian and breast cancer patients • Formed TumorGenesis Inc. subsidiary to develop the next generation of patient derived tumor models for precision cancer therapy and drug development, with Show less Read more
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