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Orchid Cellmark acquires Reliagene

The purchase price is subject to adjustment based on ReliaGene’s working capital at closing and future revenue levels. A portion of the purchase price will be held in

Palatin starts Phase I trials for heart failure treatment

The study will be performed in healthy volunteers who will receive the drug subcutaneously. The evaluations will include safety, tolerability, pharmacokinetics and several pharmacodynamic endpoints, including endogenous messenger

Emisphere moves into new headquarters

Emisphere added that it will retain its scientific staff and laboratory facilities in Tarrytown. The move to New Jersey is one of several real estate initiatives planned by

King signs agreement with Acura to develop pain drugs

The companies have initially targeted four immediate release opioid analgesic products, including Acurox tablets (oxycodone HCl, niacin, and a unique combination of other ingredients), for treating moderate to

Bionovo closes public offering of common stock

The net proceeds to the company of the offering were approximately $24 million, after payment of underwriting discounts and commissions, but excluding estimated offering expenses. Bionovo will use