Small Cap News Movers for 11/23/09

Origin Agritech Limited (NASDAQ: SEED) recently announced it has received the Bio-safety Certificate from the Ministry of Agriculture as a final approval for commercial approval of the world’s first genetically modified phytase corn. Origin’s phytase corn is the first transgenic corn to officially introduce the next generation of corn product approved and sold commercially into the domestic marketplace. Dr. Gengchen Han, Origin’s Chairman said, “…We are actively leading the new genetically modified generation of agricultural products for China, and will continue to do so for the future.” The stock closed at $10.45, up 100.58%, on 44,464,040 traded shares.

ARCA biopharma, Inc. (NASDAQ: ABIO) today announced that the U.S. Food and Drug Administration (FDA) has designated as a Fast Track development program the investigation of GencaroTM, the Company’s investigational, pharmacologically unique beta-blocker and mild vasodilator, for the reduction of cardiovascular mortality and cardiovascular hospitalizations in a genotype-defined heart failure population. Fast Track programs are designed to facilitate the development and expedite the review of new drugs. The stock closed at $4.32, up 92%, on 3,529,766 traded shares.

Clean Diesel Technologies, Inc. (NASDAQ: CDTI) today reported on a series of strategic developments consistent with its new product strategy, including an order from Metroline, a leading London bus operator, valued at approximately $528,000. Michael Asmussen, President and CEO of Clean Diesel, said, “These agreements and certifications validate our new business strategy of focusing on the development of differentiated products based on proven intellectual property that provide value to the global marketplace. The stock closed at $1.71, up 8.23%, on 245,146 traded shares.

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