eLong (LONG) Announces $18/ADS 'Going Private' Offer from Tencent Holdings Aug 3, 2015 06:03PM

eLong, Inc. (Nasdaq: LONG) announced that its Board of Directors has received a preliminary non-binding proposal letter, dated August 3rd, 2015, from Tencent Holdings Limited, proposing a "going-private" transaction to acquire all outstanding ordinary shares of eLong, Inc. not already beneficially owned by TCH Sapphire Limited which is a wholly owned subsidiary of Tencent, the major shareholders in the Company accounting for at least 70% in voting power of the Company... (continue reading...)


Alpha Natural (ANRZ) Files 10-Q; Notes Ability to Continue as Going Concern Aug 3, 2015 05:13PM

Alpha Natural (null: ANRZ) filed its 10-Q with the U.S. SEC on Monday. In part, the filing read:

The Company incurred a net loss for the years ended 2014, 2013 and, 2012 and had an accumulated deficit as of December 31, 2014 and 2013. To improve the Company’s performance and address market challenges, the Company is developing a strategic plan for the ongoing operation of the Company’s business. Successful implementation of the Company’s plan, however, is subject... (continue reading...)


Isis Pharma (ISIS) Phase 3 Study of KYNAMRO in Patients with Severe HeFH Met Primary Efficacy Endpoint Aug 3, 2015 05:02PM

Isis Pharmaceuticals Inc. (NASDAQ: ISIS), today announced that the FOCUS FH phase 3 study of KYNAMRO® (mipomersen sodium) in patients with severe heterozygous familial hypercholesterolemia (severe HeFH) met its primary efficacy endpoint, a statistically significant reduction in LDL-cholesterol after 60 weeks of treatment of once weekly injections of 200 mg of KYNAMRO compared to placebo. LDL-cholesterol reduction was similar to that observed in previous phase 3... (continue reading...)


Boston Scientific (BSX) Takes Significant Stake in Preventice Solutions Aug 3, 2015 04:33PM

Boston Scientific (NYSE: BSX) has become a significant shareholder and will become the exclusive worldwide sales and marketing representative for Preventice Solutions for cardiology-related diagnostic and monitoring offerings.

Through this alliance, Boston Scientific will expand its commercial presence into the $1 billion cardiac diagnostics and monitoring market by gaining access to a wireless monitoring portfolio linked to an integrated remote monitoring platform. ... (continue reading...)


Codexis (CDXS), Merck (MRK) Enter CodeEvolver Technology Licensing Agreement Aug 3, 2015 04:26PM

Codexis (NASDAQ: CDXS) announces the signing of a CodeEvolver platform technology license agreement with Merck (NYSE: MRK) through a subsidiary. This transaction marks the second CodeEvolver licensing agreement between Codexis and a major pharmaceutical company and advances the technology's business model of multiple sources of revenue.

Under the terms of the agreement, Codexis has granted Merck a non-exclusive license to use Codexis' proprietary CodeEvolver protein... (continue reading...)


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