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DiscoveRx takes over drug discovery service provider

Under the acquisition, DiscoveRx will add BioSeek’s BioMAP drug screening platform to its drug discovery solutions portfolio which includes GPCR, Kinase, and NHR assay solutions and KINOMEscan technology.

Inovio Q3 net loss increases

Total revenues for third quarter of 2012 were $854,696 compared to $2.64m for the third quarter of 2011. The company reported a net loss attributable to the company

FDA grants priority review to Trastuzumab Emtansine

Trastuzumab Emtansine is designed to treat people with HER2-positive, unresectable locally advanced or metastatic breast cancer who have received prior treatment with Herceptin and a taxane chemotherapy. European