Health and Healthcare

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Vical $2 Million NIH Grant For Herpes Vaccine (VICL)

Vical, Incorporated (NASDAQ: VICL) has been awarded a $2 million Phase II small business technology transfer grant from the US National Institute of Allergy and Infectious Diseases department from the National Institues of Health.…

Douglas A. McIntyre · 18 years ago

Biotech Busine$$ Daily (CRXX, CORT, OMRI, SIRT)

CombinatoRx, Incorporated (NASDAQ: CRXX) up 8% to $3.45 on no recent developments. The 52-week range is $3.11 to $7.37. Yesterday, the company hit a 52-week low so perhaps it had nowhere to go but…

Douglas A. McIntyre · 18 years ago

Medarex Tanks On Pfizer Study Halt (PFE, MEDX)

Medarex Inc. (NASDAQ: MEDX) Saw shares plummet in pre-market trading.  Pfizer Inc. (NYSE: PFE) has ended a Phase III clinical trial of tremelimumab in patients with advanced melanoma after a review of interim data…

Douglas A. McIntyre · 18 years ago

Hansen Medical Taps Secondary Market (HNSN)

Hansen Medical, Inc. (NASDAQ: HNSN) announced last night the pricing of a spot secondary offering via Morgan Stanley as the sole underwriter for the deal. The size indication of 2.5 million shares that had…

Douglas A. McIntyre · 18 years ago

IPO FILING: BioTrove, Inc. (BTRV)

A company called BioTrove, Inc. has filed to come public via an initial public offering this morning.  It has applied to take the proposed ticker of "BTRV" on NASDAQ. BioTrove has filed to sell…

Douglas A. McIntyre · 18 years ago

Cell Genesys Scores Takeda Deal (CEGE)

Cell Genesys, Inc. (NASDAQ: CEGE) has announced a global alliance with Takeda Pharmaceutical Company Limited in Japan.  The companies will develop and commercialize Cell Genesys’ GVAX immunotherapy for prostate cancer, which is the company’s…

Douglas A. McIntyre · 18 years ago

Cell Therapeutics, Ready To Tap Financing (CTIC)

Cell Therapeutics (NASDAQ: CTIC) has filed an open mixed securities shelf registration for up to $150 million.  This will allow it to sell debt securities, common stock, preferred stock, and warrants.  Last Tuesday, the…

Douglas A. McIntyre · 18 years ago

Biotech Busine$$ Daily (BNT, TEVA, BPAX, NCST, RPRX, VRTX)

Bentley Pharmaceuticals Inc. (NYSE: BNT) will be purchased by Teva Pharmaceutical Industries (NASDAQ: TEVA) for $360 million. Bentley shareholders will receive $15 per share and an undisclosed amount of shares in CPEX Pharmaceuticals, a…

Douglas A. McIntyre · 18 years ago

Merck & Schering-Plough Face Cholesterol Firing Squad (MRK, SGP)

Usually drug companies look forward to presenting data on their drugs and medical treatments.  The the American College of Cardiology meeting was this weekend, and the findings and recommendations are worse than bad.  Shares…

Douglas A. McIntyre · 18 years ago

Cramer Speculates on Dialysis Drug (AMAG, XCR)

On tonight’s MAD MONEY on CNBC, Jim Cramer said he had a speculative biotech stock.  His pick in the sector is AMAG Pharmaceuticals, Inc. (AMAG) because of its soon to be approved  ferumoxytol, a…

Douglas A. McIntyre · 18 years ago

Optimer Pharmaceuticals Files $100 Million Shelf (OPTR)

Optimer Pharmaceuticals, Inc. (NASDAQ" OPTR) has filed an open shelf registration last night with the SEC that will allow it to sell up to $100 million in any of the following types of securities: …

Douglas A. McIntyre · 18 years ago

Biotech Busine$$ Daily (ACOR, CERS, DNDN, STEM, TCM)

Biotechs always have some news movers regardless of which direction the markets are headed.  Here are some of the top movers in biotech today, although we would note that many of the largest market…

Douglas A. McIntyre · 18 years ago

More Problems With Heparin, More Problems For Baxter (BAX)?

Baxter (NYSE: BAX) is probably retaining more lawyers. So far nineteen people have died from tainted Heparin, a blood-thinner. BAX is one of the largest marketers of the drug. According to The Wall Street…

Douglas A. McIntyre · 18 years ago

IPO Filing: Zogenix, Inc. (ZGNX)

Zogenix, Inc. filed last night to come public via an initial public offering of up to $86.25 million in securities sales.  The company has applied to take the ticker "ZGNX" on NASDAQ.  Banc of…

Douglas A. McIntyre · 18 years ago