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Report: GSK to fund venture firm, back start-ups

In Vivo is reporting that GlaxoSmithKline plans to set aside up to $500 million for a new venture fund that will support its internal R&D work as well as fund start-ups created from Read more...

San Diego biotechs expanding ties to China

These days in biotechnology, if you're not already tied in some way to China, you're giving it some Read more...

Merck snares NovaCardia in $350M buyout

Merck has bolstered its cardiovascular pipeline with a deal to buy NovaCardia for $350 million in cash. For Merck, the acquisition marks another Read more...

Press Release: AstraZeneca's Fourth Quarter Results 2006 [Excerpt]

Press Release: AstraZeneca's Fourth Quarter Results 2006 [Excerpt]

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Press Release: Pfizer To Acquire BioRexis Pharmaceutical

Press Release: Pfizer To Acquire BioRexis Pharmaceutical

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C&L: Pritchard tapped to run KaloBios

KaloBios Pharmaceuticals has appointed David W. Pritchard as president and CEO. Most recently he held the position of chief business officer at Rinat Neuroscience.

Edward Jacobs will be appointed CEO and president of Insert Therapeutics on January 1, 2007.

Geron Corporation has appointed Alan B. …

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DeCODE alleges ex-employees stole trade secrets

Iceland's deCODE Genetics is suing five former employees for allegedly stealing research knowledge and trade secrets and using them at Children's Hospital in Philadelphia. And the biotech company says the theft was done with the knowledge of the hospital staff, an allegation the hospital denies. Hakon Hakonarson, deCODE's former vice president of business development, is named in the suit along with four others recruited by the Center for Applied Genomics, which is part of Children's …

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C&L: Gonda tapped to run Aradigm

Igor Gonda has been named president and CEO of Aradigm, replacing Bryan Lawlis, who also resigned from the board.

Impax Laboratories announced that CEO Barry Edwards resigned and will be replaced by President Larry Hsu on October 1.

Transport Pharmaceuticals announced that …

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C&L: Brian M. Gallagher joins Magen Biosciences as CEO

Brian M. Gallagher has joined Magen Biosciences as president and CEO.

John F. DeBernardis will resign as CEO of Applied NeuroSolutions.

Neuren Pharmaceuticals announced the appointment of Parmjot Bains, MD to the position of COO.

Proteome Sciences has named Peter Schulz-Knappe, MD as Research and …

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