Drug Sponsors

Nanomedical Diagnostics launches

Monday, September 21, 2015

Nanomed co-founders Ross Bundy and Dr. Brett Goldsmith have launched Nanomedical Diagnostics, a San Diego-based biotech company developing and commercializing bioelectronics for use in research and diagnostics. Nanomed’s first product, AGILE Research, a label-free, quantitative, low-cost biosensor for small molecule and protein analysis, is entering beta testing this fall and planned for commercial release in early 2016.

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Cesca Therapeutics restructures, cuts 15 jobs

Thursday, September 17, 2015

Cesca Therapeutics, an autologous cell-based regenerative medicine company, has undertaken a restructuring initiative geared toward reducing costs associated with its traditional cord blood banking business and further aligning available resources behind the company’s clinical programs, including the phase III pivotal clinical trial for no option critical limb ischemia (CLI) patients, recently approved by the FDA.

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InSite Vision, Sun Pharma enter into $48M merger agreement

Wednesday, September 16, 2015

InSite Vision and a subsidiary of Sun Pharmaceutical Industries have entered into a merger agreement under which an indirect wholly owned subsidiary of Sun Pharma will acquire InSite in an all-cash transaction for $0.35 per share, or approximately $48 million in aggregate equity value, on a fully diluted basis. The transaction has been approved by the boards of directors of both InSite and the Sun Pharma subsidiary, and will be completed by means of a tender offer.

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Report: Cancer deaths hitting U.K. in wallet

Tuesday, September 15, 2015

A new report says the difference in cancer survival rates between England and rest of Europe has stood at about 10% for the past 20 years, and closing that divide would add about £117 million ($180 million) a year to the U.K. economy.

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Boston hosts Biopharm America

Tuesday, September 15, 2015

Biopharm America, which is designed to spur strategic relationships by way of a Web-based service that sets up face-to-face meetings and more, kicks off today in Boston with more than 450 companies, 680 delegates and 770 licensing opportunities on the roster.

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