> A group of investors have agreed to buy $30 million of Sequenom stock. The money will be used as working capital for Sequenom, which makes biotech research equipment. Report [1]
> Inspire Pharmaceuticals met with the FDA to discuss its approvable letter for its dry eye clinical program for diquafosol. Release [2]
> Optimer Pharmaceuticals has launched Phase III trials of OPT-99 for bacterial gastroenteritis. Release [3]
> YM BioSciences says its partner, Oncoscience, has been cleared by German regulators to initiate a Phase III trial of nimotuzumab in combination with radiation in children with inoperable pontine (brain stem) glioma. Release [4]
> BioFocus, a unit of Galapagos, has inked a deal to supply chemical compounds to Roche for the next three years. Report [5]
> Immunicon has extended its R&D agreement with Pfizer for detecting antigens on tumor cells. Release [6]
> BG Medicine will conduct a joint biomarker program for muscle toxicity with Mitsubishi Pharma. Release [7]
> The FDA has added six months of market exclusivity to Cephalon's Provigil. Release [8]
And Finally… British doctor Jeremy Farrar has more first hand experience dealing with bird flu cases than anyone else, and he believes fears of a pandemic are at least somewhat overblown. Article [9]
Links:
[1] http://www.businessweek.com/ap/financialnews/D8GKKCAO5.htm?campaign_id=apn_home_down&chan=db
[2] http://www.genengnews.com/news/bnitem.aspx?name=1201918XSL_NEWSML_TO_NEWSML.xml
[3] http://www.genengnews.com/news/bnitem.aspx?name=1200471XSL_NEWSML_TO_NEWSML.xml
[4] http://www.newswire.ca/en/releases/archive/March2006/28/c6505.html
[5] http://today.reuters.com/investing/financeArticle.aspx?type=hotStocksNews&storyID=2006-03-28T082925Z_01_L28389262_RTRUKOC_0_US-GALAPAGOS-ROCHE.xml
[6] http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20060328005245&newsLang=en
[7] http://www.genengnews.com/news/bnitem.aspx?name=1201592XSL_NEWSML_TO_NEWSML.xml
[8] http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=AP&Date=20060328&ID=5601546
[9] http://www.nytimes.com/2006/03/28/health/28skep.html