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Addrenex licenses new narcolepsy drug

Addrenex Pharmaceuticals, a specialty pharmaceutical company, has signed an agreement to license a new drug for the treatment of narcolepsy, as well as other neurologic and psychiatric conditions.

ViraCor Laboratories launches new cytomegalovirus test

ViraCor Laboratories, a provider of molecular diagnostic testing for infectious diseases, has launched a new cytomegalovirus antiviral resistance test that reportedly provides diagnosis days faster than other tests

UCB wins FDA approval for arthritis drug

Belgium-based biopharmaceutical company UCB has received FDA approval for Cimzia, the only PEGylated anti-tumor necrosis factor, for the treatment of adult patients with moderately to severely active rheumatoid

NovImmune raises $54.8m in equity financing

NovImmune, a Switzerland-based biotechnology company, has raised $54.8m to take back control of its lead compounds, NI-0401 and NI-0501, a fully human monoclonal antibody to CD3 and interferon-gamma,