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R&D News: MIT engineers devise new immune cell therapy to reduce patient's risk

R&D News: MIT engineers devise new immune cell therapy to reduce patient's risk

R&D News: MIT researchers working on noninvasive way to measure blood glucose levels

R&D News: MIT researchers working on noninvasive way to measure blood glucose levels

R&D News: Non-human sugar in biotech drugs causes inflammation

R&D News: Non-human sugar in biotech drugs causes inflammation

R&D News: Oral contraceptives and HRT may protect women against brain aneurysms

R&D News: Oral contraceptives and HRT may protect women against brain aneurysms

R&D News: Stanford engineers discover new solar energy conversion process

R&D News: Stanford engineers discover new solar energy conversion process

Santhera and Ipsen Sign License Agreement

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.
 

Bausch + Lomb Hires Corporate VP of HR

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.
 

UTi Q2 Total Revenues Up 37%

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 to Further Smart Grid Communications Architecture

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.
 

R&D News: Agelastatins have shown the ability to kill cancer cells

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.
 

Hovnanian Q3 Total Revenues Down

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 Q1 Net Sales Down

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 to Connect with European Grid Using GE Technology

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 Gets FDA Approval to Market RealTime HBV

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 to Sell Pharmacy Division to Walgreen

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.
 

Pfizer to Acquire FoldRx

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 Acquires 55% Stake in CPM Braxis

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 Launches New Solutions Suite to Help Banks

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 August Sales Up 32%

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.
 

BP to Sell Malaysian Ethylene Interests to Petronas

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.
 

CIGNA Names Acting CFO

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 Names VP of Global Chassis

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 Approves Allergan's LUMIGAN 0.01%

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.
 

R&D News: Supercomputing on a cell phone

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 to Acquire NetDeposit

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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