After reports last week that drug-coated stents posed little risk to heart patients, a new survey shows that "patients given drug-coated stents after an acute heart attack are nearly five times more likely to…
http://www.bloomberg.com/apps/news?pid=20601087&sid=ajZ2lVrqeb2I&refer=homeA study out fo Sweden may help the flagging fortunes of the stent businesses at Boston Scientific (BSX) and Johnsohn & Johnson (JNJ). Several pieces of research had indicated that drug-coated stents could cause…
Genel Logic (NASDAQ:GLGC) is a stock that is either one incredible value stock in biotech land, or it is just another major value trap. Even after the last market malaise, we are still in…
ARYx THERAPEUTICS, INC. has filed to raise up to $86.25 million in an IPO under the ticker "ARYX" on NASDAQ. The biotech has secured Morgan Stanley, CIBC World Markets, Jefferies & Co, and Leerink…
Business Week has run a brief feature article on Ariad Pharmaceuticals (NASDAQ:ARIA) in its "Inside Wall Street" magazine section and noted that the company’s partner Merck (NYSE:MRK), has "deep pockets." Unfortunately it only spells…
Biopharmaceutical company Xoma (XOMA) is having its luck day. After its stock traded down as low as $2.24, its shares are up almost 20% today on news that it bacterial cell expression technology to…
Advanced Life Sciences Holdings, Inc. (Nasdaq:ADLS) has announced that the FDA has granted an ‘Orphan Drug Designation’ to its oncology product, ALS-357, for the topical treatment of metastatic melanoma. ALS-357 is entering phase I/II…
Precision Therapeutics is a life sciences company developing and commercializing tests intended to assist physicians in individualizing cancer therapy in an effort to improve treatment outcomes unde the name ChemoFx test. ChemoFx is a…
Business Week noted Arena Pharmaceuticals Inc. (NASDAQ:ARNA) as one of its three "Inside Wall Street" weekly stock picks this morning, and frankly it was the only pick with any sizzle to it. Arena Pharmaceuticals…
ADNEXUS THERAPEUTICS, INC. has filed to come public via an IPO with the filed amount to sell up to $86,250,000 in common stock. Adnexus has taken the proposed ADNX ticker on NASDAQ. Lehman and…
Medtronic (NYSE:MDT) posts earnings after the close on Tuesday, August 21, and First Call estimates are $0.62 EPS on $3.17 Billion in revenues. The following quarter is looking like estimates are $0.65 EPS and…
A medical device company for the treatment of strokes called Concentric Medical, Inc. has filed to come public via an IPO under the NASDAQ ticker "CLOT." The filing is for up to $69 million…
Reliant Technologies, Inc. has filed to come public via an IPO with an undetermined ticker and undetermined exchange. For filing purposes, it lists that it will sell up to $95 million in common stock.…
Amgen Inc. (NASDAQ:AMGN) did what Wall Street thought it would in its after-the-bell conference call. The biotech giant announced layoffs to the tune 12% to 14% of its workforce, which translates to about 2,200…
Wyeth’s (WYE) shares are off 10% over the last three months, and trade near their 52-week low. The stock is about to go lower. The company disclosed the receipt of an action letter from…