From the category archives:
Business News
by admin
March 29, 2011
Business News
SWISS biotech company Actelion hit back at its activist shareholder Elliott Advisors yesterday, claiming the fund was trying to force a fast sale. Elliott, which holds a six per cent stake in Actelion, has since February been demanding an overhaul of the board and management to unlock value. Its calls have escalated from querying why [...]
by admin
March 29, 2011
Business News
BEST RELATIVE PERFORMANCE IN THE BIOTECHNOLOGY INDUSTRY DETECTED IN SHARES OF MICROMET (MITI, AFFY, SPPI, EXAS, THRX) Below are the top five companies in the Biotechnology industry as measured by relative performance. This analysis was compiled based on yesterday’s trading activity as we search for stocks that have the potential to outperform. Micromet (NASDAQ:MITI) [...]
by admin
March 28, 2011
Business News
Pacific Edge Biotechnology says sales of its diagnostic test kits for the detection of bladder cancer should ramp up significantly later in the year given a new agreement with a leading Australian health care provider to market the product. The agreement with Melbourne-based Healthscope means that the Pacific Edge diagnostic bladder cancer tests will be [...]
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