Business / Finance

RSS

Court grants motion to dismiss Cryo-Cell International lawsuit against Cord Blood America

Cord Blood America, Inc., the umbilical cord blood stem cell preservation company focused on bringing the life saving potential of stem cells to families nationwide and internationally, is pleased to announce that the Pinellas County Circuit Court granted a motion to dismiss the lawsuit filed by Cryo-Cell International against Cord Blood America, which CBAI management believed was an attempt to inhibit the pending deal between Cryo-Cell Mexico and CBAI.

5 Apr 2011

Promega expands into Brazil

With the expansion of Promega Corporation into Brazil, now scientists in life science research, drug discovery, human identity and clinical diagnostics have direct access to technical service, fast delivery and the ability to request a quote online in Brazil. Promega online capabilities, tailored to meet the needs of Brazilian scientists, include access to extensive resources including online chat in Portuguese.

5 Apr 2011

Angiotech's affected creditors unanimously approve Second Amended and Restated Plan of Compromise or Arrangement

Angiotech Pharmaceuticals, Inc. today announced that the affected creditors of Angiotech and certain of its subsidiaries (collectively, the "Angiotech Entities") have unanimously approved the Second Amended and Restated Plan of Compromise or Arrangement concerning, affecting and involving the Angiotech Entities pursuant to the Companies' Creditors Arrangement Act (Canada).

5 Apr 2011

Ennova Direct offers consumer electronics patent portfolio for sale

Ennova Direct, Inc. announced today that they're offering a patent portfolio for sale that is focused on Retractable USB Flash Drive Devices, Retractable Biometric USB Flash Drive Devices, MP3 Players and Wireless Bluetooth Earbud Headsets. In total the intellectual property includes 6 issued US patents plus two published applications.

5 Apr 2011

DuPont receives EC approval to acquire all Danisco shares for DKK 665

The European Commission has approved, under the European Union Merger Regulation, the tender offer by DuPont Denmark Holding ApS to acquire all of the outstanding shares of Danisco at a price of DKK 665 in cash per share.

5 Apr 2011

Thermo Fisher completes Athena and Lancaster sales for $940 million

Thermo Fisher Scientific Inc., the world leader in serving science, has completed the previously announced sales of its two laboratory-testing services businesses, Athena Diagnostics and Lancaster Laboratories, in two separate transactions, resulting in total proceeds of $940 million.

From Thermo Fisher Scientific Inc. 5 Apr 2011

Health Care REIT acquires $2.4 billion Genesis real estate assets

Health Care REIT, Inc. announced today that it has completed the $2.4 billion acquisition of substantially all of the real estate assets of privately-owned Genesis HealthCare, which was previously announced on February 28, 2011.

5 Apr 2011

Morphotek acquires tumor targeting assets from TMI

Morphotek, Inc., a subsidiary of Eisai Inc., announced today that it has acquired certain assets relating to a proprietary tumor targeting platform from TransMolecular, Inc. for an undisclosed upfront payment and future development milestones.

4 Apr 2011

CompCare fourth quarter total revenue increases 371% to $17.9 million

Comprehensive Care Corporation today reported results for the fourth quarter and year ended December 31, 2010.

4 Apr 2011

International Isotopes 2010 net loss increases 49% to $6,802,014

International Isotopes Inc. announces the financial results for fiscal year ended December 31, 2010.

4 Apr 2011

Sigma-Aldrich establishes European Regional Headquarters in Switzerland

Sigma-Aldrich Corporation opened its European Regional Headquarters today in St. Gallen, Switzerland. The new Einstein Facility located in the heart of St. Gallen will be home to approximately 50 employees.

4 Apr 2011

Southern Home Medical reports 6.6% increase in 2010 revenues

Southern Home Medical Equipment, Inc., a Holding Company providing healthcare services, healthcare professionals and equipment to medical institutions, announced today that the unaudited results from operations for fiscal year 2010 reflects a 6.6% increase in revenues with profitability over previous 2009 year-end.

4 Apr 2011

Axxora.com to distribute TGR's new ELISAONE technology assay reagents in the US and South America

TGR BioSciences, a leading global provider of advanced cell based assay technologies in the fields of cancer, kinase and GPCR research, is extremely pleased to announce a distribution partnership with Axxora.com of San Diego, CA, US, a leading online global market place resource for innovative and high quality Life Science research reagents.

4 Apr 2011

Pronto to distribute Signal's Myeloma Prognostic Risk Signature test in Israel

Signal Genetics, the parent company of Myeloma Health LLC, and Pronto Diagnostics Ltd, both of which are privately held predictive genetic testing companies focused on oncology, announced that they have entered into a Distribution Agreement whereby Pronto will be the exclusive representative and distributor for Signal's Myeloma Prognostic Risk Signature (MyPRS) test in Israel.

4 Apr 2011

Medela acquires Ontario-based Bravado Designs

This acquisition unifies Medela, a leading brand for breastfeeding solutions, with Bravado, an innovating leader in the nursing apparel category.

4 Apr 2011

Daiichi Sankyo acquires Plexxikon

Plexxikon Inc. today announced that its acquisition by Daiichi Sankyo Company, Limited, a Japan-based global pharmaceutical company, has been successfully completed. Clearance under the Hart Scott Rodino Antitrust Improvements Act has been received. Under the terms of the deal, Plexxikon shareholders will receive $805 million up-front, with near-term milestone payments associated with the approval of PLX4032 totaling an additional $130 million.

4 Apr 2011

NCI acquires AdvanceMed

NCI, Inc., a leading provider of information technology (IT), engineering, logistics, and professional services and solutions to U.S. Federal Government agencies, announced today that it has acquired the outstanding capital stock of AdvanceMed Corporation, an affiliate of CSC.

4 Apr 2011

Catalyst Health Solutions to sell 5,500,000 shares of common stock

Catalyst Health Solutions, Inc. today announced that it plans to sell 5,500,000 shares of its common stock, subject to market and other conditions, of which 4,500,000 shares will be sold by the Company and 1,000,000 shares will be sold by one of its stockholders, Principal Holding Company, LLC, a subsidiary of Principal Financial Group, Inc., in an underwritten public offering pursuant to an automatic shelf registration statement on Form S-3 filed today with the Securities and Exchange Commission.

4 Apr 2011

Vermillion, Quest Diagnostics enter agreement to launch OVA1 IVDMIA assay in India

Vermillion, a molecular diagnostics company, today announced that it has signed an agreement with Quest Diagnostics to make OVA1 available in India. The companies are targeting a launch in the second quarter of 2011. Additionally, at the International Gynecologic Cancer Society (IGCS) regional meeting held in New Delhi April 2-3, 2011, Dr. Fred Ueland presented data demonstrating the high sensitivity for ovarian malignancy of OVA1 in combination with ultrasound.

From Quest Diagnostics 4 Apr 2011

Quest Diagnostics completes Athena Diagnostics acquisition

Quest Diagnostics Incorporated, the world's leading provider of diagnostic testing, information and services, today announced it has completed its previously announced acquisition of Athena Diagnostics, an esoteric laboratory specializing in genetic testing for neurological disorders, from Thermo Fisher Scientific.

From Quest Diagnostics 4 Apr 2011