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Transition set to acquire NeuroMedix

Under the offer, valued at $11.1 million, NeuroMedix common shareholders can receive one common share of Transition for every 5.1429 NeuroMedix common shares tendered. The company's directors, officers

Aegerion files for $86.25 million IPO

The biopharmaceutical firm said the offering would raise up to $86.25 million, although the company has not revealed how many shares it is planning to sell in the

Schizophrenia linked with autoimmune disorders

The study, published in the journal Molecular Psychiatry, compared genetic variants in individuals with schizophrenia to individuals who do not have the disease. Sequencing revealed specific genetic variants

GenVec to collaborate with NIAID on vaccines

In addition to the RSV collaboration, the biopharmaceutical firm is working with the institute on the clinical development of HIV and influenza vaccines. “Data emerging from the clinical

Pain Therapeutics starts melanoma drug clinical trial

Californian biopharmaceutical company Pain Therapeutics’ initial phase I study is designed to evaluate the pharmacokinetics of a proprietary radio-labeled monoclonal antibody in patients diagnosed with metastatic melanoma. The

FDA delays new approval of Astellas drug

Prograf is currently approved for the prevention of kidney, liver and heart transplant recipients in the US. The FDA sent Japanese company Astellas an approvable letter over concerns