Lanxess announces Q4 08 loss
Lanxess reported a net loss of €41m for the fourth quarter of 2008, in comparison with a net profit of €5m in the year-ago period of 2007. Sales
China-based clinical-stage biotechnology company BoomRay Pharmaceuticals and Novartis Pharma have signed an exclusive worldwide licence deal for an undisclosed preclinical radioligand therapy (RLT) asset in a deal worth up to $900m.