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Axikin raises $3 million in financing

The financing was led by Sanderling Ventures of San Mateo, California. Additional investors include Mitsui & Co Venture Partners of New York. Axikin’s pipeline includes an advanced preclinical

Lytix secures $10.4 million in equity funding

Gunnar Saelid, CEO of Lytix Biopharma, said: “The company has made significant progress in 2008, initiating full preclinical development activities for two important projects. LTX-109 is a novel

RXi Pharmaceuticals names new board member

Dr Nisi is a prominent cardiologist, the chairman of the board and an attending physician at Westchester Square Medical Center and has been a clinical professor of medicine

Antares wins milestone payment from Teva

The pen injector is being developed under a licensing agreement signed in January 2008 between the companies where Antares will supply a custom proprietary pen for two self-administered

Novadaq to launch SPY-Q image analysis tools

While performing heart bypass surgery, SPY-Q enables cardiac surgeons using Novadaq’s SPY imaging system to objectively measure increases in fluorescence by comparing pre- and post-bypass images, the company