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CytRx names new CFO

Mr Caloz joined CytRx in October 2007 and has served as the company’s chief accounting officer. Prior to joining CytRx, he served as CFO of publicly traded Occulogix

Boston Scientific acquires Labcoat

Labcoat has developed a novel technology for coating drug-eluting stents that uses precisely metered droplets of a biodegradable polymer and drug formulation to create a thin (

Anacor secures $50 million in equity financing

Proceeds from the financing will be used to further develop Anacor’s product pipeline based on its boron chemistry platform. The investments from GlaxoSmithKline (GSK) and Schering fulfill each

Halozyme obtains $5.5 million payment from Baxter

The transaction represents the final prepaid product-based payment due under the terms of its Hylenex licensing agreement, which provides Baxter with exclusive distribution rights. The payment has been

Promedior names new CEO

Mr Colangelo joins Promedior after a nearly 15-year pharmaceutical industry career at Eli Lilly and Company and most recently as executive vice president of corporate development and operations

Valeant names new COO of specialty pharmaceuticals

Mr Silva will assume responsibility for overseeing the US, Canadian and Australian specialty pharmaceuticals operations. Prior to joining Valeant, Mr Silva held various leadership positions with Novartis. His