Biotech Business Week articles from August 2003

Biotech Business Week archives from August 2003

Ritonavir-boosted Reyataz demonstrates comparable viral load reduction to Kaletra.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Data presented at the 2nd International AIDS Society Conference on HIV Pathogenesis and Treatment demonstrate that a treatment regimen combining the drug Reyataz (Bristol-Myers Squibb Co.), the first...

Molecular modeling study released.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- MRG, Inc., announced the release of a new market research study, "Molecular Modeling for Nanotechnology: Technologies, Applications, & Market Outlook." According to the report, although computer...

European authorities give the go-ahead to Angeliq.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Schering AG, Germany, (SCH, SHR) announced that the European Union has positively concluded the Mutual Recognition Procedure for Schering's novel low dose hormone replacement therapy (HRT) product...

Genmab expands pipeline with hepatitis antibody.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Genmab, A/S, announced that it has in-licensed all rights to a human antibody from Connex, GmbH, a privately owned German company currently in administration, and INSERM, the French National Institute...

Enbrel is first anti-TNF therapy submitted for psoriasis.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Amgen (AMGN) and Wyeth Pharmaceuticals, a division of Wyeth (WYE), announced a supplemental Biologics License Application (sBLA) has been submitted to the U.S. Food and Drug Administration (FDA) for the...

End users demand CAD systems with broader appeal.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Computer aided detection (CAD) system vendors in the U.S. are developing multimodality, integrated solutions to meet varied requirements of end users. These new product initiatives may increase the...

National Cancer Centre Singapore announces cancer diagnostics collaboration.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Genedata, a specialist for scientifically validated software systems and computational solutions for the drug discovery industry, and the National Cancer Centre Singapore (NCCS) have entered into a...

Biomarker discoveries to expand in vitro diagnostics marker for key areas.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Biomarker discovery for in vitro diagnostic applications is growing in major disease areas such as cardiovascular disease, cancer, and other significant diseases that are poorly diagnosed. Coronary...

Complaint on Sertraline dismissed.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Reddy's Laboratories (RDY) announced that the United States District Court for the District of New Jersey dismissed the company's suit seeking a declaratory judgment that its Sertraline product did not...

Court rules on ownership of Taxane anticancer compounds.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- American BioScience, Inc., (ABI), the privately held parent company of American Pharmaceutical Partners (APP), Inc., (APPX), announced that the United States Court of Appeals for the Federal Circuit in...

Drug delivery company receives patent covering transdermal delivery.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Dermatrends, Inc., announced that it has received a comprehensive method patent covering the combination of virtually any ethical (prescription) drug with the Dermatrends' proprietary enhancer system...

Biotech ends second quarter on strong ground.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- "With a cascade of high-potential product approvals, excellent results in various pivotal clinical trials, a Food and Drug Administration that is committed to reducing timetables for the review process,...

Eli Lilly leads industry on charitable issues.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Eli Lilly takes the industry lead on distributing pharmaceuticals to the economically disadvantaged, according to findings emerging from the second annual Reputation Strength Study of the pharmaceutical...

Preclinical pharmaceutical marketing tops $2M.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Pharmaceutical companies dedicate an average of $2 million and two full-time marketing staffers to preclinical blockbuster drug development. These resources double as projected blockbusters move...

Market research found to be critical to blockbuster launches.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- In an increasingly competitive market, pharmaceutical companies invest more and more in market research to improve product positioning, according to a study from pharmaceutical research firm, Best...

New Media Japan, Inc., tapped as Asian representatives.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Large Scale Biology Corp. (LSBC) has appointed New Media Japan, Inc., of Tokyo as its representative to promote biopharmaceutical product partnering in Asia. New Media Japan, Inc., is known for it...

Pharma companies raise internal awareness of issues of ethnic populations.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Internal efforts to increase sensitivity and raise awareness of diseases affecting particular ethnic populations are as important to multicultural marketers at pharmaceutical companies as external...

FDA gives consumers more reasons to enjoy almonds for heart health.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- The U.S. Food and Drug Administration's (FDA) announcement regarding a new framework to better inform consumers of science-based information about foods is good news for those who try to eat healthfully...

Mannatech names John Robert as national sales and marketing manager for Canada.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Mannatech, Inc., (MTEX) announced that John Robert will assume the position of national sales and marketing manager of Canada. Robert, formerly president of Robert Valcourt, Ltd., an international...

HIV pipeline aimed at combating resistance.
August 4, 2003... 2003 AUG 4 - (NewsRx.com & NewsRx.net) -- Presentations at the 2nd International AIDS Society Conference on HIV Pathogenesis and Treatment continue to demonstrate GlaxoSmithKline's (GSK) commitment to developing new compounds designed to combat...

New model estimates global demand for hemophilia A treatment.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Bayer Biological Products (BP) announced that it has developed a revolutionary model that will help estimate global demand for factor VIII, the treatment used for hemophilia A patients. More...

New type of laser scanning analyzer introduced.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- CompuCyte Corporation announced the introduction of the iCys Research Imaging Cytometer, the latest advance in its line of imaging cytometers based on the company's patented LSC laser scanning...

Contract awarded to develop automated system to detect abnormal sperm.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Amnis Corporation has received a $140,000 federal contract to develop a system that detects sperm likely to cause birth defects. The 6-month phase I contract, from the National Institute of...

Alliance to develop next generation proteomics image software.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Amersham Biosciences, the life sciences business of Amersham (AHM) and Geneva Bioinformatics (GeneBio) S.A. have signed an exclusive agreement to provide researchers with the next generation of 2-D gel...

Canadian market rights acquired to five injectable drugs.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- American Pharmaceutical Partners, Inc., (APPX) announced that it has acquired from Eli Lilly Canada, Inc., Canadian market and trademark rights for four proprietary products, Tazidime (ceftazidime),...

New West Nile virus control targeted to clinical laboratories.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Boston Biomedica, Inc., (BBI) announced the introduction of a new quality control designed to monitor quality of laboratory testing for West Nile Virus infections. This new Quality Control Product,...

First patient enrolled in European gynecology anti-adhesion study.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Angiotech Pharmaceuticals, Inc., (ANPI, ANP) announced that it has enrolled the first patient in Europe using Adhibit to reduce the incidence and severity of adhesions following laparoscopic surgery in...

Two anticancer agents may help reduce platinum-, taxane-associated toxicities.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- BioNumerik Pharmaceuticals, Inc., presented new data on two novel agents in clinical trials that have been engineered with the help of physics-based high performance computing to help address common...

Vision enhancement products firm enters marketing alliance.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Betacom Corporation, Inc., (YCA) has entered into a strategic marketing alliance with Lighthouse International whereby VisAble vision enhancement devices will be sold through their retail division. ...

Study demonstrates improvements with new coil catheter for Essure.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Conceptus, Inc., (CPTS) announced introduction of a new delivery catheter for the Essure System, the coil catheter, in the United States, Australia, and Canada. Conceptus is in the final stages of...

Reagent toolkit launched to optimize steps in drug discovery.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Argonaut Technologies, Inc., (AGNT) announced the introduction of its Amidation Toolkit - the third in a series of resin-bound reagent products designed to accelerate pharmaceutical drug discovery...

Biotech company reports net loss of $0.81 per share.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- CV Therapeutics, Inc., (CVTX) announced financial results for the quarter ended June 30, 2003. For the quarter ended June 30, 2003, the company reported a net loss of $22.9 million, or $0.81 per...

Device company reports 7% increase in revenue.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Aspect Medical Systems, Inc., (ASPM), reported results of operations for the second quarter and 6 months ended June 28, 2003. For the second quarter ended June 28, 2003, revenue was $10.7 million,...

Dividend distribution clarified.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- CareDecision Corp. (CDED) announced on June 23, 2003, that the company had made sufficient progress since its last quarterly report, and thus will issue an 8% dividend payable in common stock. The...

First quarter sales grow 21% for nasal strips company.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- CNS, Inc., (CNXS) reported increased sales and earnings for the first quarter ended June 30, 2003, results that surpassed analysts' estimates. Net sales for the fiscal 2004 first quarter grew 21%...

Initial purchasers' option exercised for additional $25M.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Amylin Pharmaceuticals, Inc., (AMLN) announced that the initial purchasers in its recent private placement of $150 million of 2.25% convertible senior notes due in 2008 have elected to exercise their...

Pharmaceutical firm to cooperate with request from SEC; performance reported.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Baxter International, Inc., (BAX) stated that it is cooperating fully with a request from the Midwest Regional Office of the U.S. Securities and Exchange Commission (SEC) to voluntarily provide...

Private offering of $200M of senior subordinated notes proposed by device firm.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Bio-Rad Laboratories, Inc., (BIO; BIO.B), a multinational manufacturer and distributor of life science research products and clinical diagnostics, announced that it intends to offer, subject to market...

Record quarterly sales noted by surgical device company.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Conmed Corporation (CNMD) announced financial results for the second quarter and 6 months ended June 30, 2003. Total sales for the quarter increased 11.9% (9.4% at constant currency) to $124.5...

Record second quarter results reported by medical adhesives firm.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Closure Medical Corporation (CLSR) announced results for its second quarter ended June 30, 2003. Total revenues for the quarter increased 50% to $8.5 million from $5.7 million during the same...

SEC filings made by stem cell, cord blood company.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Cryo-Cell International, Inc., (CCCEC) announced that the company has filed its quarterly reports on Form 10-QSB for the quarters ended February 28, 2003, and May 31, 2003. The Form 10-QSB for the...

Resistance data reported on tipranavir.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Phase II investigational studies presented at the 2nd International AIDS Society Conference on HIV Pathogenesis and Treatment suggest that tipranavir may maintain activity against HIV that is resistant...

Home health information technology firm releases STAT CACHE 5.5.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- CareCentric, Inc., (CURA) announced the release of STAT CACHE 5.5, a new multidimensional database system that will provide current CareCentric STAT 2 users with a dramatic increase in system...

Physicians favor use of hospitalists.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- According to a June 2003 poll of healthcare professionals nationwide, 81% of physicians polled favor the use of hospitalists to care for hospitalized patients. The poll was conducted by Medscape, a...

Insurers achieve high growth at the expense of profitability.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Despite high historical and projected growth, the entire long-term care insurance industry and many of its leading companies are destroying value, according to a new study by Conning Research and...

Allergists united in concern that managed care is dictating patient care.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Ninety-five percent of allergists believe that recent widespread changes to health insurance coverage interfere with their ability to provide the best possible care for their patients, according to...

Study reports on how companies communicate clinical trial results.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Executives at top pharmaceutical companies consider factors such as audience receptivity and location when communicating clinical study results to consumers, according to a newly released study by...

Microfluidics company completes acquisition of lab automation firm.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Caliper Technologies Corp. (CALP) announced that it has completed the acquisition of the Zymark Corporation. The combined company will offer a state-of-the-art, comprehensive portfolio of...

Intellectual property position expanded in immunotherapy technology.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- CellExSys, Inc., a majority owned subsidiary of Targeted Genetics Corporation (TGEN), announced notification from the U.S. Patent and Trademark Office regarding the issuance of a patent relating to its...

Patent granted related to DEP-1 phosphatase.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Ceptyr, Inc., announced the issuance of a second patent covering a human density enhanced protein tyrosine phosphatase known as DEP-1. The patent, U.S. No. 6,552,169, is titled "Density enhanced...

Director resigns from cardiology drug company.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Cardiome Pharma Corp. announced that founder and former board chairman, Michael Walker, has resigned from the board of directors of the company for personal reasons. Walker founded Cardiome's...

Garrett named senior VP, clinical research at drug development company.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Atrix Laboratories, Inc., (ATRX) announced the appointment of J. Steven Garrett as senior vice president of clinical research. Garrett resumes the leadership role in guiding clinical research at...

Parker named VP of human resources at device firm.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Cyberonics, Inc., (CYBX) announced that George E. Parker III has been named VP, human resources. Parker, 40, will have worldwide responsibility for all of Cyberonics' human resource functions. He...

Reuvers named president and chief operating officer at device company.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Advanced Respiratory, manufacturer and distributor of The Vest airway clearance system, announced that Daniel Reuvers has been named president and chief operating officer. Elden Russell, company...

Phase II results reported from trial of AGIX-4207.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- AtheroGenics, Inc., (AGIX) a pharmaceutical company focused on the treatment of chronic inflammatory diseases, announced the clinical results from a 27-patient phase II study for AGIX-4207, the...

Bioccelerator product line to be transferred to bioinformatics firm.
August 11, 2003... 2003 AUG 11 - (NewsRx.com & NewsRx.net) -- Compugen, Ltd., (CGEN) announced that it will transfer its Bioccelerator product line to Biocceleration, Ltd., in exchange for certain fixed payments during approximately the next 2 years and for...

Demographics and technologies drive $3 billion orthopedic biomaterials market.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- The world market for orthopedic biomaterials will surpass the $3 billion mark in 2003 and is on course to grow significantly for the next several years, according to a new study released by Kalorama...

Plant-based vaccines getting closer to the market.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Plant-based vaccines are getting closer to commercial reality, according to a report in the International Journal for Parasitology. "Plant systems are reviewed with regard to their ability to...

Licensing alliance to develop cancer, AIDS drug candidates in Asia.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Crimson Pharmaceutical, Ltd., (Hong Kong), the parent company of Crimson Pharmatech USA, announced an agreement to license three drug candidates from a California based company, Octamer, Inc. The...

Online marketing revival initiated by pharmaceutical company.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- GlaxoSmithKline plc (GSK) has implemented a campaign to identify potential partners in collaboration with its online partnering exchange, Pharmalicensing, Ltd. "Although GSK's contract breaks the...

Partnership created to ensure safer pharmaceutical care.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- ChainDrugStore.net, a secure information network for the $400 billion retail pharmacy industry, announced that it has formed a strategic partnership with the National Pharmacy Technician Association...

National trial set to study Avonex combination therapy.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- The Cleveland Clinic announced that investigators have begun enrolling patients in the Avonex (interferon beta-1a) Combination Trial (ACT). The study will investigate the safety and effectiveness...

Report: Healthcare M&A dollar volume surges in the second quarter.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- During the second quarter of 2003, M&A deal volume in the healthcare industry remained basically flat, with a 2% dip in transactions from the first quarter of 2003 and a 7% decrease from the second...

Report: Kinase inhibitors in development promise high returns.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Protein kinases make up a veritable treasure trove of targets for a variety of indications, including diabetes, inflammatory disorders, and especially cancer. The success of drugs targeting...

FDA grants approval for combination ear infection treatment.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Alcon, Inc., (ACL) has received approval from the U.S. Food and Drug Administration (FDA) to market Ciprodex Otic for topical treatment of a middle ear infection known as acute otitis media with...

New theory suggests that human metabolism works like a Pachinko pinball machine.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Scientists from Imperial College London and AstraZeneca have advanced a new theory that animal and human metabolisms often work like a Japanese Pachinko-type pinball machine. The researchers used...

Speciality pharmaceutical company acquires exclusive rights to Alzheimer drug.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Savient Pharmaceuticals, Inc. has announced that it has acquired exclusive rights from Marco Hi-Tech JV Ltd. to exclusively market in the United States and Europe Huperzine-A, a product for the...

Eurand signs agreement with leading Japanese pharmaceutical company.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Eurand, a specialty pharmaceutical company, announced that it has signed an agreement that will result in the company's first direct product sales in Japan. The agreement, which was signed with...

FDA approves Enbrel for new indication.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- The U.S. Food and Drug Administration has approved an application for etanercept (trade-name Enbrel), a genetically engineered protein, for a new indication for treatment of patients with active...

Inflazyme licenses antithrombotic catheter coating.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Inflazyme Pharmaceuticals, Ltd., (IZP) announced that it has entered into an agreement with Spire Corp. of Bedford, Massachusetts, to provide Inflazyme's antithrombotic technology for use with selected...

DecisionSite wins top honor in Readers' Choice awards.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Spotfire Inc., a provider of guided analytic applications and services, has announced that its DecisionSite software has been awarded the 2003 Readers' Choice Award for bioinformatics by the readership...

SARS virus inactivated with Intercept Blood System.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Cerus Corporation (CERS) announced study results demonstrating that the Intercept Blood System for platelets and red blood cells inactivates the causative agent of Severe Acute Respiratory Syndrome...

Vacuum-assisted biopsy device acquired.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- C. R. Bard, Inc., (BCR) announced that it has acquired assets related to the manufacture and distribution of a new biopsy device from BIP Biomedical Instruments and Products GmbH (BIP), located in...

Sale of DR-70 begins in Australia, New Zealand.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- AMDL, Inc., (ADL) announced that AMDL Australia Pty., Ltd., AMDL's distributor, has begun the sale of the DR-70 cancer detection test in Australia and New Zealand. Australia's Therapeutic Goods...

Novel vaccine to be manufactured from live bacterium.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Cobra Biomanufacturing has announced an agreement with Advaxis, Inc., to supply clinical trials and, potentially, commercial supplies of the active ingredient for its Listeria monocytogenes-based...

ECG services company inks $6 million agreement with pharmaceutical company.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- eResearchTechnology (eRT), Inc., (ERES), a provider of centralized electrocardiographic (ECG) collection and interpretation services, announced it has received an agreement for more than $6 million in...

Syn X Pharma acquires nonexclusive rights to NT-proBNP heart failure marker.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Roche Diagnostics and Syn X Pharma Inc. have announced that Syn X has been granted a non-exclusive worldwide license under patent rights of Roche Diagnostics relating to the development, manufacture...

University of Washington licenses diagnosis and treatment method for bacteria.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- The University of Washington has signed an exclusive license with ActivBiotics, Inc., of Lexington, Massachusetts, to allow the company to use knowledge and technology developed by Dr. Allan Shor of...

Agreement signed by medical device companies.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Michael D. Dale, president and CEO of ATS Medical, Inc., (ATSI) announced that ATS and Centerpulse USA Holding Co. have entered into an agreement under which ATS would pay Centerpulse $12.0 million in...

Drug delivery manufacturer to collaborate with pan-European generic company.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Inyx, Inc., (IYXI), a development and contract manufacturer of specialized drug delivery pharmaceutical products with a focus on pursuing strategic investment opportunities within the pharmaceutical...

Royalty rate transaction completed between pharmaceutical firms.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Cubist Pharmaceuticals, Inc., (CBST) announced that it has completed its previously announced transaction with Eli Lilly and Company (LLY), through which Cubist purchased a 1% point reduction in the...

Information technology company awarded $13 million outsourcing contract.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- SI International, Inc., an information technology (IT) company, has announced that it has received a contract from the Headquarters Department of the U.S. Army Military Personnel Services Center. ...

Company entering medical sector announces name change.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Corniche Group Incorporated (CNGI) said shareholders approved its change of the corporation's name to Phase III Medical, Inc. The company believes that Phase III Medical, Inc., is an appropriate...

Pharmaceutical company provides shareholder update.
August 18, 2003... 2003 AUG 18 - (NewsRx.com & NewsRx.net) -- Chiral Quest, Inc., (CQST) provided an update on the progress of the company. Alan D. Roth, president and CEO of Chiral Quest, said he wishes to thank his fellow shareholders for their continued...