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MultiCell raises $1.7 million funding

MultiCell, which develops therapeutics for the treatment of degenerative neurological diseases, metabolic and endocrinological disorders, and infectious diseases, raised $1.7 million in gross proceeds in a private placement

Pfizer postpones US Exubera rollout

The delay is due to the fact that Pfizer wants to introduce Exubera after conducting a comprehensive physician and patient education and training program. To further support patients

Amgen extends Infinity drug discovery deal

Under the terms of the agreement, Amgen has the right to develop drug candidates it has identified from Infinity’s compound collection. Infinity received an upfront license fee from

Ovation launches heart drug for premature infants

NeoProfen (ibuprofen lysine) injection 10mg/mL is indicated – when usual medical management is ineffective – to close a clinically significant patent ductus arteriosus (PDA), a condition in which

Endo profits rise in second quarter

Net sales for the second quarter increased to $228 million compared with $196.4 million in the second quarter of 2005. Diluted earnings per share for the three months

GTx progressing with phase II ostarine trial

The three-month placebo-controlled clinical trial, which GTx initiated in May, is evaluating multiple doses of ostarine in 60 elderly men and 60 postmenopausal women. It is designed to