NEWTON, Mass.--(BUSINESS WIRE)--March 23, 2006--Pro-Pharmaceuticals, Inc. (Amex: PRW), a developer of novel carbohydrate-based therapeutic compounds, today announced it will present a corporate update at a Russ Trading hosted event on Tuesday, March 28, at 3 pm mountain time at the Chaparral Suites Hotel in Scottsdale, Arizona. Russ Trading is a registered investment advisor and wealth management firm.