Daily Roundup – Monday, January 12, 2009
January 12, 2009 at 5:00 pm EST | Tags: News
What else happened
today you ask?
*Urology player, Urigen Pharmaceuticals, raised $257,000 (not a typo) from Platinum – Montaur Life Sciences, LLC. Yahoo! Finance
*Abbott is acquiring Advanced Medical Optics for $22 a share, or about $2.8 billion including debt. Market Watch
*Goldman Sachs upgraded Pfizer, Inc.from sell to neutral, saying it believes a stock-moving restructuring is now inevitable. The broker told clients that while more cost-cutting is likely, it will not solve the company’s long-term structural problems. (Yikes!) Reuters
*Solta, formerly Thermage Inc., is unveiling a new name today and looking for deals to stay alive. If dermatologists are suffering then we got a prob for sure! WSJ
*DOR BioPharma Announces Private Equity Financing of $2.28 Million With Single Institutional Investor…OrBec has life (for now) Yahoo! Finance
*Forma Therapeutics in $200M licensing deal with Novartis. Mass High Tech
*Sequenom is getting bold and making moves, now offers to buy Exact Sciences for $41M… Genetic Engineering & Biotechnology News
Image from animaatjes



