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Amarin to acquire Ester Neurosciences

Under the terms of the acquisition agreement, Amarin will acquire 100% of the issued share capital of Ester for initial consideration of $15 million, of which $5 million

BioSeek and UCB sign collaboration agreement

Under the collaboration, BioSeek will apply its BioMAP Systems to evaluate a number of UCB compounds across several target classes, in support of target differentiation, lead development, and

Rigel starts Phase I trial of asthma drug

Under the 2005 collaboration agreement, Rigel will receive a $5 million milestone payment from Pfizer for the commencement of this study. Pfizer retains exclusive rights to R343 and

BioAlliance acquires rights to pneumonia drug

Under the agreement Immtech will receive an initial license fee of $3 million and up to an additional $13 million if pafuramidine achieves European regulatory approval and pricing

Lexicon initiates Phase IIa trial of CNS drug

The initial stage of the trial will assess the bioavailability of a single-dose oral suspension in 16 healthy elderly subjects. The second stage will be a randomized, double-blind,