Running News and Research

RSS

Ironwood Pharmaceuticals' IPO: Underwriters exercise over-allotment option

Ironwood Pharmaceuticals, Inc. today announced that the underwriters of its February 2, 2010 initial public offering (IPO) have exercised their over-allotment option in full on an additional 2.5 million shares of Ironwood’s Class A common stock. With the completion of the IPO and the exercise of the over-allotment option, Ironwood has approximately 97.4 million shares of common stock outstanding (approximately 19.2 million shares of Class A common stock and 78.2 million shares of Class B common stock).

17 Feb 2010

Merck announces global sales of $27.4 billion for full-year 2009

Merck & Co., Inc. today announced financial results for the fourth quarter and the full year of 2009 which include the results of legacy Schering-Plough operations from the close of the merger on Nov. 3, 2009 through Dec. 31, 2009.

16 Feb 2010

Senator Chuck Schumer to discuss tax cut proposed to stimulate job growth

Senator Chuck Schumer plans a visit Monday, February 15th to Ithaca, NY to discuss the tax cut proposal that Orrin Hatch (R-Utah) and Senator Schumer proposed to stimulate job growth.

16 Feb 2010

Podesta says Obama White House 'lost the narrative' on health bill

"John Podesta, the president of the Center for American Progress who led Barack Obama's presidential transition, acknowledges the White House has been unable to successfully drive the debate on health care reform," Politico reports.

15 Feb 2010

APS-AAPT joint meeting: Highlights

Secret military projects, powerful collisions at the LHC, future international physics projects, and lots of new data from around the universe will be featured in talks at this year's spring meeting of The American Physical Society (APS), the largest professional society of physicists in the world. This year, APS is joining with the American Association of Physics Teachers (AAPT), the world's largest society of physics teachers, for a joint meeting from February 13-17, 2010 at the Marriott Wardman Park Hotel in Washington, D.C.

15 Feb 2010

Joint meeting of AAPT and APS to discuss strategies for improving nation's education system

Recent international studies of math and science education suggest that students in the United States are falling further behind their foreign counterparts. Next week, this issue and others will take center stage at the 2010 joint meeting of the American Association of Physics Teachers and the American Physical Society, which takes place from Feb. 13-17 at the Washington Marriott Wardman Park Hotel in Washington, D.C.

15 Feb 2010

Research findings may open door to new therapeutic strategies for serious health problems

Drugs that target the way cells convert nutrients into energy could offer new approaches to treating a range of conditions including heart attack and stroke. Using a new way to screen for potential drugs, a team led by Massachusetts General Hospital (MGH) researchers has identified several FDA-approved agents, including an over-the-counter anti-nausea drug, that can shift cellular energy metabolism processes in animals.

15 Feb 2010

Researchers use $1.3M grant from NIH to study on obesity and Type 2 diabetes

A team of Northern Arizona University-led researchers is using nearly $1.3 million in new funding from the National Institutes of Health to continue with the world's longest-running study on obesity and Type 2 diabetes.

15 Feb 2010

Labopharm prices underwritten public offering of 11.7M units

Labopharm Inc. today announced that it has priced an underwritten public offering of 11,764,706 newly issued units at a public offering price of US$1.70 per unit. Each unit is comprised of one of the Company's common shares and a warrant to purchase 0.5 of a common share. Each whole warrant entitles the holder to acquire one common share of the Company upon payment of US$2.30 per share, exercisable at any time during the period beginning six months after the date of issuance and ending three years following the date of issuance.

15 Feb 2010

Senomyx prices common stock offering at $2.80 per share

Senomyx, Inc. announced today the pricing of an underwritten public offering of 7,142,857 shares of its common stock at a price to the public of $2.80 per share. The gross proceeds from the sale of the shares, before underwriting discounts and commissions and other offering expenses, are expected to be approximately $20.0 million. The offering is expected to close on or about February 18, 2010, subject to customary closing conditions. Senomyx has also granted the underwriters a 30-day option to purchase up to an aggregate of 1,071,428 additional shares of common stock to cover over-allotments, if any.

15 Feb 2010

EMBL-EBI hosts ChEMBLdb online database

ChEMBLdb, an online database of information on the properties of more than half a million drug and drug-like small molecules and their targets, has been launched.

12 Feb 2010

Humans are economical walkers, but not efficient runners

Humans, other great apes and bears are among the few animals that step first on the heel when walking, and then roll onto the ball of the foot and toes. Now, a University of Utah study shows the advantage: Compared with heel-first walking, it takes 53 percent more energy to walk on the balls of your feet, and 83 percent more energy to walk on your toes.

12 Feb 2010

NeoStem prices public offering of 5M common stock shares at $1.35 per share

NeoStem, Inc., an international biopharmaceutical company with operations in the U.S. and China, announced today that it priced a public offering of 5,000,000 shares of its common stock at $1.35 per share. Net proceeds from the offering, after underwriting discounts and commissions and expenses, will be approximately $5,697,500. NeoStem has granted the underwriters an option to purchase up to an additional 750,000 shares to cover over-allotments, if any.

12 Feb 2010

Heavy rains hit tent camps in Haiti

Heavy rains hit earthquake survivors in tent camps in Port-au-Prince on Thursday, "bringing a warning of fresh misery to come for the 1 million people living on the streets," Reuters reports.

12 Feb 2010

Labopharm begins proposed public offering of common stock

Labopharm Inc. today announced that it has commenced an underwritten public offering of up to US$20,000,000 of units, with each unit to be comprised of one common share and a warrant to purchase a portion of a common share.

12 Feb 2010

MacSpeech Scribe Medical add-on component released

MacSpeech, Inc. today announced MacSpeech Scribe Medical, an add-on component that incorporates the world's most advanced personal transcription for the Macintosh with MacSpeech Dictate Medical, the medical professional's speech recognition solution for the Macintosh.

12 Feb 2010

DuPont Agriculture & Nutrition segment expected to grow by 10% in 2010, says James C. Borel

DuPont Executive Vice President James C. Borel said he expects the DuPont Agriculture & Nutrition segment to grow sales by 10 percent in 2010 and increase pre-tax operating income margin across the seed, crop protection, and nutrition and health businesses.

11 Feb 2010

Jamie Oliver's TED Prize wish: Foundation to transform junk food culture and reduce incidence of obesity

Celebrated British chef and food activist Jamie Oliver announced his 2010 TED Prize "wish to change the world" moments ago on the first day of the annual TED conference.

11 Feb 2010

Texas RHIO empowers with Prognosis Health Information Systems' web-based EMR

Four community hospitals in Texas have taken the bull by the horns to form a regional health information organization (RHIO) that will enable them to experience the clinical and financial benefits commonly associated with electronic medical records (EMRs).

11 Feb 2010

Governor Rendell proposes fiscal year 2010-11 General Fund budget

With Pennsylvania finances still suffering the effects of the most stubbornly challenging national economy since the Great Depression, Governor Edward G. Rendell today proposed a fiscal year 2010-11 General Fund budget that spends $26.3 billion in state money, augmented by more than $2.7 billion in federal stimulus funds.

10 Feb 2010