StemCells Inc. (STEM) is down just over 9% but it is paring losses from its opening bell skid to 73 cents, sparked by the company's announcement that it is ending its program for a stem-cell treatment for Batten disease.
Health care shares are trending higher, while Abbott Laboratories (ABT) is seeing solid gains after reporting study results. In sector news, Abbott Laboratories (ABT) today announced that data from its Endovascular Valve Edge-to-E
Each stock option has an exercise price per share equal to $11.83, the fair market value on the grant date, and vests over four years, with 25% of the shares vesting on the one-year anniversary of the applicable vesting commenceme
Optimer Pharmaceuticals (OPTR) says that on March 31, its Board approved the grant of inducement stock options to purchase an aggregate of 258,000 shares of common stock to 7 new employees.
Health care shares are down in mid-day trading, but Human Genome Sciences (HGSI) bucks the trend, after getting a key approval from the U.S. Food and Drug Administration. the FDA approved BENLYSTA to treat adult patients with acti
ADRs of Novartis (NVS) are down after Bloomberg, citing U.S. regulators, reported that the company's treatment for a common lung problem may not be in two doses.
Dr. Barry Polisky, Chief Scientific Officer at Marina, said in a statement: "These results further demonstrate the utility of our DiLA2 delivery technology for local administration."
Shares of Marina Biotech (MRNA) are higher after company data was presented demonstrating significant knockdown of target mRNA in an orthotopic model of malignant ascites with its proprietary UsiRNA construct and DiLA2-based deliv
Harris (HRS) announced today that it plans to acquire Carefx, the developer of Fusionfx, a health care and patient information system used across North America, Europe and Asia in more than 800 hospitals, healthcare systems and he
Teva said results from a Phase III study of QNAZE HFA, its nasal aerosol corticosteroid in development to treat perennial allergic rhinitis (PAR) and seasonal allergic rhinitis, achieved all primary and secondary efficacy endpoint
Revenue Cycle Manager enables error correction at every stage, unlike legacy applications that resolve errors at the end-stages of the revenue cycle, or point solutions that take limiting approaches at some stages, the company sai
Pegasystems (PEGA) today announced the launch of its new Revenue Cycle Manager solution for the health care market, which it says allows health care systems to streamline patient billing, boost cash flow and drive down operational
The Plaintiffs in the lawsuit, three independent pharmacies, have accused CVS of obtaining patient information from independent pharmacies and then using that information to cause patients to purchase their medicine at CVS.
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CVS Caremark (CVS) has been sued by North Carolina pharmacies, which have alleged that CVS violated the North Carolina Pharmacy of Choice Act, as well as committing unfair and deceptive business practices.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...