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Tolerx to initiate Phase III diabetes trial

The Phase III study, known as Defend, will be conducted at multiple centers in North America and Europe and will evaluate whether a single course of otelixizumab reduces

St Jude to acquire EP MedSystems

Under the terms of the merger agreement, EP MedSystems shareholders will receive $3 of consideration for each EP MedSystems share they own, with the option of receiving that

Neurogen to raise $30.6 million in financing

The net proceeds from this offering will be used for clinical development of existing product candidates and other general corporate purposes. The closing of the transaction is expected

Acorda and CMC Icos sign manufacturing agreement

CMC Icos will be responsible for process development, manufacturing scale-up and current good manufacturing practices (cGMP) manufacturing of GGF2. Acorda plans to use the supply of GGF2 produced

Alnylam initiates Phase II trial of antiviral drug

The trial is a multi-center, multi-national, randomized, double-blind, placebo-controlled study. The primary objective of the study is to assess the safety and tolerability of aerosolized ALN-RSV01 versus placebo

Takeda to acquire Millennium Pharmaceuticals

The transaction was unanimously approved by the boards of directors of both companies. Upon completion of the acquisition, Millennium will become a wholly-owned subsidiary of Takeda, and will