NEW YORK, N.Y., April 25, 2013 (GLOBE NEWSWIRE) -- via PRWEB - FluoroPharma Medical, Inc. announces Taglich Brothers has initiated coverage.

FluoroPharma Medical, Inc.(FPMI: OTC BB), headquartered in Montclair, New Jersey, is a development stage enterprise founded in 2003 to develop pharmaceuticals based on technology licensed exclusively from the University of Massachusetts.

FPMI is focused on the development of radiopharmaceuticals used in positron emission tomography (PET) imaging scans that can more effectively detect and evaluate acute and chronic forms of coronary artery disease (CAD). Nuclear imaging scans are more effective diagnostic tools, as they can show changes in the function of an organ indicating disease or its progression more efficiently than the static images produced by conventional imaging modalities.

FluoroPharma Medical's currently has three drug candidates. BFPET™ detects damaged tissue by measuring blood flow through the heart. CardioPET™ detects damaged heart tissue in CAD or suspected CAD patients unable to undergo conventional (exercise) stress tests. CardioPET is also useful in cardiac viability assessment (CVA) of patients prior to or after revascularization. BFPET and CardioPET are now in phase II trials. VasoPET™, still in preclinical development, aims to detect coronary artery plaque that is liable to break loose and lead to formation of clots that cause oxygen deprivation in the heart muscle, potentially causing a heart attack or stroke.

The complete 21-page report is available at http://www.taglichbrothers.com.

We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Pershing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statement is the opinion of Taglich Brothers, Inc. and is not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in this report are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from Compliance. As of the date of this report no Taglich Brothers, Inc. employees had a position in the stock of the company mentioned in this report.

All research issued by Taglich Brothers, Inc. is based on public information. In March 2013 the company paid an initial monetary engagement fee of US$4,500 to Taglich Brothers, Inc. representing payment for the first three months of creation and dissemination of research reports, after which the company will pay Taglich Brothers, Inc. a monetary fee of US$1,500 per month for a minimum of three more months for such services.

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Contact:
Richard Oh
Taglich Brothers, Inc.
631-757-1500

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CONTACT: Taglich Brothers, Inc.
         Richard Oh
         ohr@taglichbrothers.com
         631-757-1500