HCP Boosts Cash Raise (HCP)
HCP, Inc. (NYSE: HCP) is raising more cash than expected. The company has priced a secondary offering of 15.5 million shares of common stock at a price per share of $24.75, above the 11.5…
HCP, Inc. (NYSE: HCP) is raising more cash than expected. The company has priced a secondary offering of 15.5 million shares of common stock at a price per share of $24.75, above the 11.5…
It always good to keep watch lists. There were some key issues over the last week that will have important implications for the coming week (or weeks). This is definitely the case for Tyson…
It is an audacious statement, but Sir Liam Donaldson, Chief Medical Officer of the UK, believes that swine flu cases may have peaked at about 110,000. He sees evidence that the number of people…
You can just see the TV advertisements now… Wal-Mart and Uncle Sam are “rolling back” swine flu. The retailer is in talks with federal officials about possibly putting vaccination sites in its stores this…
As first reported at our affiliate site BioHealth Investor: Inovio Biomedical Corporation (NYSE Amex: INO) has been higher by over 160% for most of the morning. Investors are following the news reports this morning that…
Shares of vaccine makers including Vical Inc. ((Nasdaq: VICL), Novavax Inc. (Nasdaq: NVAX) and BioCryst Pharmaceuticals Inc. (Nasdaq: BCRX) all are up strongly Monday after Europe’s version of the FDA decided to fast-track swine…
The Administration and Congress are looking for ways to close the funding gap for the $1 trillion national health care overhaul. The hospital industry has already agreed to $155 billion in concessions and pharma…
Biotehc firm Rigel’s (RIGL) rheumatoid arthritis drug candidate R788 did not meet its primary endpoint in Phase IIb clinical trial, probably putting in question the company’s goal of securing a R788 partner by the…
Bristol Myers Inc. (NYSE: BMY) plans to spend $2.4 billion to buy partner Medarex Inc. (Nasdaq: MEDX). It will get a great deal beyond the cancer monoclonal antibody that developed together. The Medarex pipeline has…
The swine flue is apparently more dangerous that the garden variety of flu that has been part of the world health picture for several decades. It is more likely to cause pneumonia and other…
Safety and efficacy data are critical to drug candidates. But what really makes a potential drug attractive is strong top-line data, a new biotech-based treatment, and a massive potential market. With help from Thomson…
The world will have 1.3 billion people over 65 by 2040, according to a new report from the US Census Bureau. According to Reuters, “An aging population will push up pension and health care…
Addus HomeCare Corporation has filed to come public via an initial public offering. The company has taken the “ADUS” as the tentative ticker for a NASDAQ listing and the filing shows an equity offering…
Obama’s health care received perhaps its harshest criticism to-date Thursday, after the nonpartisan Congressional Budget Office said it will “significantly” expand public spending in an already unbalanced budget. The testimony puts serious doubt in…
Health Net Inc. (NYSE: HNT) is one of today’s worse performers on the heels of losing its Pentagon health insurance contract. The Pentagon picked Aetna Inc. (NYSE: AET) and UnitedHealth Group Inc. (NYSE: UNH)…