Neurocrine Biosciences Inc. (NASDAQ: NBIX) and Abbott Laboratories (NYSE: ABT) today announced that they have entered into a partnership agreement under which the two companies will develop and commercialize elagolix for the treatment of endometriosis-related pain. As per the agreement between the two companies, Abbott will be given worldwide exclusive rights to develop and commercialize [...]
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InfoLogix Inc. (IFLG) to Receive $2.2M for Patents on Touch Screen Systems and Methods
InfoLogix Inc. (NASDAQ: IFLG) has reached an agreement with Intellectual Ventures Fund 68 LLC under which the fund will acquire the company’s U.S. and South Korean patents on Touch Screen Systems and Method for $2.2 million. The agreement is part of the company’s efforts to maintain and review its intellectual property portfolio. On June 8, [...]
Generex Biotechnology Corp. (GNBT) Closes Higher
Shares of Generex Biotechnology Corporation (NASDAQ: GNBT) were up in today’s trading. The penny stock reached a high of $0.38 in trading. It closed 2.58% higher at $0.370 on volume of 649,315. Toronto, Canada-based Generex Biotechnology is a development stage company involved in the development and commercialization of drug delivery systems and technologies. Earlier this [...]
Gerdau Ameristeel Corp. (GNA) Shares Jump on Acquisition Offer from Majority Shareholder
Gerdau Ameristeel Corp. (GNA) Shares Jump on Acquisition Offer from Majority Shareholder Shares of Gerdau Ameristeel Corporation (NYSE: GNA) jumped more than 50% in today’s trading. The stock reached a 52-week high of $11.23 in trading. At last check, it was up 54.53% to $11.08, with volume up from daily average of 1.65 million to [...]
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