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Penwest Pharmaceuticals Agrees To Be Acquired By Endo Pharmaceuticals For $5.00 Per Share In Cash
8/10/2010
Penwest Pharmaceuticals Co. today announced that it has entered into a merger agreement under which its long-time partner in the development and commercialization of Opana® ER, Endo Pharmaceuticals, has agreed to acquire all of the common stock of Penwest for $5.00 per share in cash.
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XOMA Receives $750,000 Milestone Payment From AVEO Pharmaceuticals
7/26/2010
XOMA Ltd. /quotes/comstock/15*!xoma/quotes/nls/xoma (XOMA 0.34, +0.01, +1.99%) , a leader in the discovery and development of therapeutic antibodies, announced receipt of a $750,000 milestone payment under its collaboration with AVEO Pharmaceuticals, Inc.
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NovaBay Pharmaceuticals' Non-Antibiotic Anti-Infective Successful In Phase 2 Skin Infection Trial
7/22/2010
NovaBay Pharmaceuticals, Inc. (NYSE Amex:NBY) today announced that its lead product candidate was safe and efficacious against the highly contagious skin infection impetigo in a Phase 2a proof-of-concept clinical trial.
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Tongli Pharmaceuticals (USA) Inc. Has Three Products Included In Essential Drug List
7/22/2010
Tongli Pharmaceuticals (USA) Inc. (OTCBB:TGLP), announced the following three of its products have been included in China's Essential Drug List ("EDL"): Calcium Gluconate Oral Liquid, Metformin Hydrochloride Tablets, Clindamycin Hydrochloride.
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ATMI® Adds Ultra-Clean 2-D And 3-D Bioprocess Vessels To Integrity™ Single-Use Product Line
7/8/2010
ATMI, Inc. today unveiled an important extension to its Integrity™ product line for the biopharmaceutical and biotechnology industries with the introduction of a new range of single-use bioprocess vessels (BPVs).
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Myriad Pharmaceuticals Formally Adopts Its Name Change To Myrexis, Inc. Effective July 1, 2010
7/1/2010
Effective July 1, Myriad Pharmaceuticals, Inc. (Nasdaq:MYRX) will change its name to Myrexis, Inc. The name change was previously approved by the Company's shareholders at a special meeting held on April 22, 2010. The Company's Common Stock will continue to trade on the Nasdaq Global Market stock exchange under the symbol MYRX.
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Infinity Initiates Second Clinical Trial Of IPI-493, Its Oral Hsp90 Chaperone Inhibitor
6/29/2010
Infinity Pharmaceuticals, Inc. (Nasdaq:INFI), an innovative drug discovery and development company, today announced that patients are being enrolled in a Phase 1 clinical trial evaluating IPI-493 in patients with advanced hematologic malignancies.
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Preclinical Results With XOMA 052 In Type 2 Diabetes Presented At American Diabetes Association 70th Scientific Sessions
6/29/2010
XOMA Ltd. (Nasdaq:XOMA), a leader in the discovery and development of therapeutic antibodies, will be presenting new preclinical data in an animal model of Type 2 diabetes in which its anti-inflammatory therapeutic antibody candidate, XOMA 052, was used as monotherapy and in combination with the marketed anti-diabetic drugs exendin-4 (Byetta®) or sitagliptin (Januvia®).
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Pain Therapeutics Modifies Strategic Alliance For REMOXY® In Europe
6/29/2010
Pain Therapeutics, Inc. (Nasdaq:PTIE) announced today a modification of its strategic alliance with King Pharmaceuticals, Inc. (NYSE:KG) for REMOXY outside the U.S. The move signals a desire to target Europe's small and growing market for strong pain medications.
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Elite Pharmaceuticals Announces Acquisition Of Generic Hydromorphone Product
5/27/2010
Elite Pharmaceuticals, Inc. ("Elite" or the "Company") (OTCBB:ELTP) announced today the acquisition of a currently approved Abbreviated New Drug Application (ANDA) for hydromorphone hydrochloride 8 mg tablets from Mikah Pharma LLC.