Santhera Pharmaceuticals and bio-pharmaceutical group Ipsen have signed a license agreement for the development and commercialization of fipamezole (antagonist of the adrenergic alpha-2 receptor) for territories outside of North America and Japan.
Eye health company Bausch + Lomb has named Michael Rowe as corporate vice president of human resources. Mr Rowe replaces Paul Sartori, who will retire from the company in 2011after a transition period.
Supply chain services company UTi Worldwide has reported total revenues of $1.15 billion for the fiscal second quarter ended July 31, 2010, an increase of 37 percent compared to $0.84 billion for the same period in 2009.
Duke Energy has selected Echelon Corporation and Ambient Corporation to further develop its grid-based communications architecture that connects various digital devices such as smart meters, power line sensors and automated power switching equipment.
Deep in the ocean, sponges of the Agelas family, or bacteria living within the sponges, emit chemicals believed to help them defend their territory. Those chemicals, called agelastatins, have also shown the ability to kill cancer cells.
Homebuilder Hovnanian Enterprises has reported a total revenues of $380.6m for the fiscal third quarter ended July 31, 2010, compared to $387.11m for the same period in 2009.
Del Monte Foods has reported net sales of $804.6m for the fiscal first quarter ended August 1, 2010, a decrease of 1.1 percent compared to $813.7m for the same period in 2009.
Turkey will connect to the European electrical grid in September 2010 using GE’s smart grid technology. The connection will allow for expanded energy and economic opportunities.
Abbott Laboratories has received an approval from the FDA to market the Abbott RealTime HBV assay for measuring viral load or the amount of hepatitis B virus (HBV) in a patient's blood.
Graymark Healthcare has signed a definitive agreement under which Walgreen will acquire substantially all of the assets of ApothecaryRx, the independent pharmacy division of Graymark.
Research-based biopharmaceutical firm Pfizer and FoldRx Pharmaceuticals, a drug discovery and clinical development company, have entered into an agreement under which Pfizer will acquire FoldRx.
Capgemini, a provider of technology and outsourcing services, has reached an agreement with the shareholders of CPM Braxis which will see Capgemini acquire a 55 percent interest in the Brazilian IT services company.
SunGard has launched the Ambit Credit Risk Management solutions suite to help commercial and retail banks increase their risk-adjusted performance through better lending decisions.
Tata Motors has reported total sales (including exports) of commercial and passenger vehicles of 65,938 units in August 2010, a growth of 32 percent over 49,810 units sold in August 2009.
International oil and gas firm BP has agreed to sell its interests in ethylene and polyethylene production in Malaysia to Petronas, a Malaysian oil and gas company.
US-based health service firm CIGNA Corporation has named Thomas McCarthy, currently vice president and treasurer of the company, to the position of acting CFO.
Affinia Group has named Rick Pizarek as vice president of global chassis, reporting to David Overbeeke, president for global brake and chassis of the company.
FDA has approved Allergan's LUMIGAN (bimatoprost ophthalmic solution) 0.01% as a first-line therapy indicated for the reduction of elevated intraocular pressure (IOP) in patients with open-angle glaucoma or ocular hypertension.
Many engineering disciplines rely on supercomputers to simulate complicated physical phenomena - how cracks form in building materials, for instance, or fluids flow through irregular channels.
BankServ and NetDeposit, a provider of payment technologies, have signed a definitive agreement wherein BankServ will acquire substantially all of the assets of NetDeposit, a wholly-owned subsidiary of Zions Bancorporation.
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