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Cephalon to launch takeover offer for Arana Therapeutics

Cephalon, a biopharmaceutical company, has announced that its wholly-owned subsidiary, Cephalon International Holdings, intends to make a takeover offer for Australia-based biotechnology company Arana Therapeutics. Under its bid,

PMI obtains $2.5m payment from Intuitive Surgical

Power Medical Interventions, a developer of surgical instruments, has received a $2.5m payment from Intuitive Surgical, a developer of minimally invasive surgery systems. The payment to Power Medical

Nanogen Reports Preliminary 2008 Results

Fourth quarter revenues declined from third quarter levels due to delayed recognition of contract revenue, exchange rate impacts and seasonality. Total revenues for the fourth quarter of 2008