> Bio-Rad Laboratories has agreed to pay $390 million for DiaMed, which makes and sells reagents and technology for blood typing and screening. The deal gives Bio-Rad a company with $200 million in annual sales and 800 employees. Report
> Medarex has named Howard H. Pien president and CEO. Report
> Millennium Pharmaceuticals has initiated patient dosing in a clinical program designed to evaluate MLN0002, a monoclonal antibody that binds to the T-cell integrin alpha 4 beta 7 with potential in a variety of gastrointestinal diseases, including ulcerative colitis. Release
> The FDA has given DUSA Pharmaceuticals orphan status for Levulan Photodynamic Therapy as a treatment of esophageal dysplasia. Report
And Finally... CollaGenex Pharmaceuticals is paying $1.5 million up front to QuatRx for the right to develop and commercialize becocalcidiol, a mid-stage psoriasis treatment. Report