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Genentech announced Aug. 13 it had rejected Roche’s offer to purchase all outstanding Genentech stock shares.
>> Read the StoryVyteris, Inc., manufacturer of the first FDA-approved active patch transdermal drug delivery system and a leader in active transdermal drug delivery technology, announced the formation of a Scientific Advisory Group comprised of four renowned scientists, researchers and clinicians with diverse expertise in active transdermal drug and peptide delivery and central nervous system disorders.
>> Read the StoryIntel kicks off its 11th annual Intel Developer Forum conference today, drawing thousands of developers from around the world to the Moscone Center in San Francisco for three days of intense tech talk.
>> Read the StoryThe Outcome of Bristol-Myers Squibb’s $4.5 billion bid for the portion of ImClone Systems that it doesn’t already own remains uncertain. So is the conclusion of Roche Holding’s $44 billion offer for the shares of Genentech that it doesn’t possess. Both targets want the bids raised.
>> Read the StoryFossil fuels that keep our planet running — oil, natural gas and coal — were created from the decomposition of plants, plankton and other organic material over millions of years.
>> Read the StoryViread gets approved for hepatitis B on its PDUFA date. A nice win for Gilead. For investors, the big questions about the company come down to valuation. Most analysts love the company; doubters just think shares are overpriced.
>> Read the StoryInformex today announced that registration for InformexUSA 2009 is now open and may be arranged on the internet at informex.com.
>> Read the StorySwiss pharmaceutical behemoth Roche will have to dig deeper into its pockets if it wants to own all of Genentech Inc., which rejected its $43.7 billion offer.
>> Read the StoryPresident Bush escalated the U.S. response to Russia’s continued incursion into Georgia, but his mixed signals underscore the difficult balancing act his administration faces as it tries to put an end to the conflict.
>> Read the StoryHelp finally could be on the way for victims of Alzheimer’s disease.
>> Read the StoryThe international law firm Jones Day today announced that three veteran attorneys have joined the firm this week as partners in its California offices. Arthur S. Beeman and Pamela K. Fulmer have joined Jones Day’s San Francisco office as partners in the Intellectual Property practice, coming to the firm from DLA Piper, and Jonn Beeson has joined Jones Day’s Irvine office as a partner in the Mergers & Acquisitions practice, coming to the firm from Latham & Watkins.
>> Read the StoryOil prices rebounded Wednesday, jumping back to $116 a barrel after the government reported a bigger-than-expected drop in U.S. gasoline supplies.
>> Read the StoryAlthough the Nov. 4 election is still three months away, there’s one date that has come and gone for prospective local candidates. In most cases, Aug. 8 was the last chance to file papers for candidacy in this year’s general election.
>> Read the StoryThe weakened dollar has pushed one more foreign company to assets buying assets in the U.S., with Australia’s CSL jumping on the opportunity to purchase Talecris Biotherapeutics Holdings.
>> Read the StoryReflect Scientific, Inc., a supplier of cryogenic cooling and test & measurement equipment to life sciences and manufacturing industries, will present at the 4th Annual Summer Technology Conference hosted by Security Research Associates, Inc. The conference will be held on Monday, August 18, 2008 at the Omni Hotel in San Francisco.
>> Read the Story