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Endocare and Galil Medical sign merger agreement

The terms of the agreement call for a stock-for-stock merger transaction resulting in Galil Medical becoming a wholly-owned subsidiary of Endocare, and would provide current Endocare stockholders 52%,

Precision Therapeutics raises $43 million in financing

New investor, Longitude Venture Partners led the round and was joined by existing investors Adams Capital Management, Quaker BioVentures, Birchmere Ventures, Techno Venture Management, and Draper Triangle Ventures.

Psyadon secures $8 million in financing

Simultaneous with the financial closing, Psyadon and Schering executed an agreement under which Psyadon will acquire worldwide rights to Schering’s selective dopamine D1 receptor antagonist, ecopipam. The new