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The Biotechnology Industry

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The Biotechnology Industry
Perrigo Company Acquires Exclusive Sales and Distribution Rights to Allergy Drug Levocetirizine PDF Print E-mail
Companies - Biotechnology Companies
Written by Perrigo Company   

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Saturday, 13 September 2008 09:00

Allergan, Michigan, September 8, 2008: Perrigo Company [NASDAQ:PRGO] announced today that it has acquired the exclusive U.S. rights to sell and distribute Levocetirizine tablets, the generic version of UCB's Xyzal tablets, from Synthon Pharmaceuticals, Inc. Synthon believes it has a first to file ANDA application for the generic that can entitle it to 180 days of generic exclusivity upon approval. Synthon and UCB are currently engaged in Paragraph IV/Hatch-Waxman litigation over the Synthon ANDA filing.

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Asterand to Enter Into Exclusive License Agreement with Allergan Inc. PDF Print E-mail
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Companies - Biotechnology Companies
Written by Asterand   

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Saturday, 13 September 2008 06:00

Detroit, MI, September 8, 2008: Asterand plc, a leading global provider of human tissue and services to pharmaceutical companies engaged in drug discovery research, announces that it has entered into an exclusive licence agreement with Allergan, Inc., a global, multi-speciality healthcare company, whereby Allergan obtains the rights to further develop and commercialise a series of compounds discovered and developed by Asterand to treat conditions and diseases of the eye, such as glaucoma.

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Bruker Introduces HyperQuant, a Unique Bench-Top NMR Reader PDF Print E-mail
Companies - Biotechnology Companies
Written by Bruker Instruments   

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Wednesday, 10 September 2008 21:10

Nice, France, September 10, 2008: At the 2008 World Molecular Imaging Congress (for details, see www.wmicmeeting.org), Bruker BioSpin introduces HyperQuant™, a bench-top NMR reader for precisely quantifying both the magnetic hyperpolarization as well as the thermal polarization of a sample. The HyperQuant applies time-domain nuclear magnetic resonance (TD-NMR) spectroscopy, a technology similar to magnetic resonance imaging (MRI).

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ImClone Systems Gets $6.1 Billion Bid From Undisclosed Suitor PDF Print E-mail
Companies - Biotechnology Companies
Written by Imclone Systems   

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Wednesday, 10 September 2008 21:05

New York, September 10, 2008:  ImClone Systems Incorporated [NASDAQ:IMCL] Chairman of the Board, Carl Icahn, stated that the Special Committee of ImClone’s Board of Directors has informed Bristol-Myers Squibb Company [NYSE:BMY)]that following the Special Committee’s review and discussion, and based upon the advice it received from its advisors, the Special Committee has determined that the unsolicited offer that ImClone received from Bristol-Myers to acquire ImClone for $60 per share in cash is inadequate.

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Stem Cell Therapeutics Receives Positive Review from DSMB PDF Print E-mail
Companies - Biotechnology Companies
Written by Stem Cell Therapeutics   

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Wednesday, 10 September 2008 12:00

Calgary, AB, Canada, September 4, 2008: Stem Cell Therapeutics Corp. [CDNX:SSS.V] ("SCT") has received results from the Data Safety Monitoring Board (DSMB) that provides oversight for the Company's Phase IIb REGENESIS trial. The DSMB has completed a safety analysis and has recommended the trial continue as per the protocol.

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