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Avant Immunotherapeutics Inc. reported wider net losses during its fiscal 2008 second quarter, driven largely by costs relating to a merger and resulting higher research and development expenses.
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Ariad Pharmaceuticals Inc. will earn $2.5 million from collaborator Merck & Co. Inc for launching a midstage human clinical trial for a new cancer treatment. (MRK)
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Net income for the first quarter of the fiscal year at MTS Medication Technologies Inc. dropped because the company sold more low-margin products. (OCR) (MTSI)
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Tetraphase Pharmaceuticals Inc. has raised $15 million in new venture financing, completing a $25 million debut round that began two years ago.
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Mylan Inc. reported soaring quarterly revenues Wednesday related to the buyout of the generics business of German drug maker Merck KGaA, but also posted a loss because of costs related to the October acquisition. (MYL)
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Albany Molecular Research Inc. reported a 24 percent increase in net income in the second quarter, as both contact and milestone revenue grew.
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Brooks Rehabilitation announced this week it has opened a new outpatient rehabilitation clinic in Winter Park.
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The president of the International Association of Machinists and Aerospace Workers was expected to speak to striking Hawker Beechcraft Corp. workers Wednesday.
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