[Story ID: 3475] PricewaterhouseCoopers LLP announced it will acquire Diamond Management & Technology Consultants (DTPI) for $378 million dollars in cash, or 12. 50 per Diamond share.
[Story ID: 3255] Alexza Pharmaceuticals, Inc. today reported financial results for the quarter ended June 30, 2010 and provided a business update. The net loss for the three and six months ended June 30, 2010, as reported in accordance with accounting principles generally accepted in the United States (GAAP), was $12.9 million and $26.3 million, [...]
Mindspeed Technologies sells patentsBusinessWeekChip maker Mindspeed Technologies Inc. said Monday that it will sell certain patents for $10 million. The name of the new owner was not disclosed. …Mindspeed Sells PatentssocalTech.comMindspeed Enters into Agreement for $10 Million Sale of Intellectual PropertyMarketWatch (press release)Mindspeed Narrows Outlook, Swings to ProfitOrange County Business JournalBenzinga
[Story ID: 3216] HHS Secretary Kathleen Sebelius today announced 15 awards totaling $9 million to support Preventive Medicine Residency Programs at accredited schools of public health, schools of medicine, and hospitals. Of these funds, nearly $6.7 million is part of the $200 million appropriated to HHS’ Health Resources and Services Administration under the American Recovery [...]
[Story ID: 3116] Affymetrix, Inc., today reported its operating results for the second quarter of 2010. Total revenue for the quarter was $71.7 million, in line with previously announced expectations, as compared to total revenue of $81.6 million in the second quarter of 2009.
[Story ID: 2985] Nearly 12 million visits made to U.S. hospital emergency departments in 2007 involved people with a mental disorder, substance abuse problem, or both, according to the latest News and Numbers from the Agency for Healthcare Research and Quality. This accounts for one in eight of the 95 million visits to emergency departments [...]
[Story ID: 2987] Four researchers from Detroit, Michigan’s Barbara Ann Karmanos Cancer Institute and Wayne State University will receive a total of $1.2 million from Susan G. Komen for the Cure to help advance research to better detect, prevent and eliminate breast cancer. The $1.2 million awarded to these outstanding scientists is part of the [...]
[Story ID: 2925] Childrens Hospital Los Angeles has been awarded $7 million of a $56.8 million grant from the National Institutes of Health. The remainder of the award will be distributed to other members of the Los Angeles Basin Clinical and Translational Science Institute (CTSI). This award, to be distributed over five years, will fund [...]
Cabot warns of litigation costs, stock fallsBusinessWeekCabot, based in Aurora, said its operating expenses were about $34.5 million, or $2.4 million higher than in the previous quarter, mainly due to a patent …Air Products is cleared on patent infringement chargesGasworld.com (subscription)Cabot Microelectronics Falls On Higher Legal CostsWall Street JournalCabot Microelectronics to Report Higher Third Fiscal [...]
[Story ID: 2851] Zogenix, Inc., a privately held pharmaceutical company, announced that it has secured a $35 million debt facility led by Oxford Finance Corporation which also included Silicon Valley Bank. The facility consists of a $25 million term loan and a $10 million revolving line of credit. Concurrently, all existing Zogenix investors, including Clarus [...]