News Wednesday, September 1, 2010 Home | Advertise | Subscribe Pharmaceutical & Biotech News Icagen Receives Milestone Payment From Yamanouchi Pharmaceutical The Icagen/Yamanouchi collaboration in dementia, including Alzheimer's disease, which began in 2000, provided for an initial upfront payment, research funding and milestone payments San Diego Biotechs Face Funding Hurdles The San Diego biotechnology industry may be hailed as one of the best of the best Avigen Discontinues AAV Gene Therapy Funding The decision to fund AAV development through external sources will significantly reduce Avigen's operating expenses Sanofi-Aventis merger completes Sanofi-Synthelabo said earlier this month it would push for 100 per cent control of its former rival and newly-acquired subsidiary Aventis after the French Financial Market Authority. Merger Creates $65M E-Pharmacy with RFID With the RFID pharmaceutical market heating up fast, four players merged Wednesday to form NEXT GENeSYS Corp., a new public company with a projected market capitalization of $65 million. NitroMed higher on sales force news NitroMed shares climbed higher Wednesday after the pharmaceutical company reported that it plans to hire a sales force for its new congestive heart failure drug SkyePharma Receives US$5 million for Transfer of Solaraze Rights SkyePharma PLC announces that it has received a payment of US$5 million from Quintiles Transnational Corp. Spectrum Pharmaceutical Announces Submission of Initial Positive Clinical Results From Ongoing Phase 2 Trial of Elsamitrucin in Refractory Non-Hodgkin's Lymphoma Spectrum Pharmaceuticals, Inc. announced that an abstract from the ongoing Phase 2 trial evaluating elsamitrucin as a single agent for the treatment of relapsed or refractory non-Hodgkin's lymphoma Funding to Support Promising Pipeline of Drug Candidates for Pain and Inflammation Metaphore Pharmaceuticals, Inc. announced that it completed a $40.2 million Series D private equity financing on August 11, 2004 Pharmaceutical & Biotech Job Boards

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