Rexahn Pharma (RNN) Presents Update of Ongoing Phase IIa Clinical Trial of RX-3117 in Metastatic Pancreatic Cancer at ASCO Jan 20, 2017 09:02AM

Rexahn Pharmaceuticals, Inc. (NYSE: RNN), a clinical stage biopharmaceutical company developing next generation targeted therapeutics for the treatment of cancer, today announced an update on the safety and efficacy of RX-3117 in an ongoing Phase IIa clinical trial in metastatic pancreatic cancer at the American Society for Clinical Oncology (ASCO) 2017 Gastrointestinal Cancer Symposium in San Francisco California.

“The data on progression free survival in metastatic... (continue reading...)

DryShips (DRYS) Acquires Its First VLGC With 5 Year Time Charter Attached to Oil Major Jan 20, 2017 08:47AM

DryShips Inc. (NASDAQ: DRYS) (the "Company"), a diversified owner of ocean group cargo vessels, announced today that it has acquired one Very Large Gas Carrier ("VLGC") currently under construction at Hyundai Heavy Industries ("HHI") for a purchase price of $83.5 million. The Company financed the closing price of $21.9 million by using part its undrawn liquidity under the $200.0 million New Sifnos Revolver, which now stands at $142.9 million. The $61.6 million balance... (continue reading...)

Rennova Health (RNVA) Says Genomas Subsidiary Granted Patent Jan 20, 2017 08:40AM

Rennova Health, Inc. (NASDAQ: RNVA), (NASDAQ: RNVAZ) a vertically integrated provider of industry-leading diagnostics and supportive software solutions to healthcare providers, announced today that its Genomas, Inc. pharmacogenomics subsidiary has been granted a Patent by the US Patent and Trademark Office.

Genomas is a biomedical company bringing DNA-Guided medicine to clinical practice with products for the personalized prescription of drugs used in the treatment of... (continue reading...)

NRG Energy (NRG) Lenders Agree to Reprice its $1.9B Term Loan B Jan 20, 2017 08:36AM

NRG Energy Inc. (NYSE: NRG) announces it will reprice its $1.9 billion Term Loan B due June 2023. The transaction is leverage neutral and enhances free cash flow before growth via annual cash interest savings.

The transaction will reduce the interest rate margin on the term loan by 50 basis points to LIBOR +225 basis points. The LIBOR floor remains at 0.75%.

As a result, the Company expects interest savings over the remaining life of the loan to total approximately $60... (continue reading...)

Ethicon Announces Acquisition of Megadyne Medical Products (JNJ) Jan 20, 2017 08:35AM

Ethicon Endo-Surgery, Inc. announced today that it has acquired Megadyne Medical Products, Inc., a privately held medical device company that develops, manufactures and markets electrosurgical tools used in operating rooms worldwide. The acquisition brings together the intelligence of Ethicon's* advanced energy devices with Megadyne's innovative portfolio of electrosurgical tools representing a major step forward in Ethicon's goal to deliver the most comprehensive suite... (continue reading...)

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