News, Money and Drugs for Friday, May 29, 2009 – Curagen Sold!

May 29, 2009 at 9:47 pm EST | Tags:

News, Money and Drugs for Friday, May 29, 2009 - Curagen Sold!

  • Today’s big news was the purchase of Curagen (CRGN) by Celldex Therapeutics (AVAN) for $94.5 million in an all-stock deal. I tell you, it was just so boring in the news today that we waited all day to post this deal at the top of our daily round-up. Snoooooozzzzz. [BioWorld]

  • The FDA Oncologic Drugs Advisory Committee voted 10-3 for GSK and Genmab’s ARZERRA(TM) (ofatumumab). [Yahoo!Finance]

  • The Street thinks it doesn’t look good for Hemisperx Biopharma’s Ampligen for treating chronic fatigue syndrome (CFS). [The Street]

  • Elan up after BMS buy-in rumors! [MarketWatch]

  • Is Matt Lauer really talking about Follica in this video? [stemcellbaldnesscures]

  • Bausch & Lomb gets approval for Besivance, besifloxacin, for treating bacterial conjunctivitis…sigh. [US News & World Report]

  • MediQuest gets $2.3M for Raynaud’s therapy. [Xconomy]

  • Merck’s Singulair patent goes under the knife at the USPTO, again. [Yahoo!Finance]

  • Finally, BNET Pharma does the ten weirdest drug stories of the month…hey, where’s IguanaBio???!!! :( [BNET Pharma]

Anonymous Tip? Comments? Contact us at: hr@iguanabio.com

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