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MannKind's loss narrows; pursues new drug candidates

2015-08-11 09:35:05| Biotech - Topix.net

Shares of MannKind rose on Monday after the drugmaker surpassed Wall Street's estimates for second quarter earnings and indicated several new drugs are in the company's development pipeline. Hakan S. Edstrom , president and CEO of the California-based drug company that has its manufacturing facility and pharmaceutical development operations in Danbury, said during a conference call with investors Monday that feasibility studies are being conducted on at least two new drug candidates including treatments for pain and pulmonary hypertension, a type of high blood pressure that affects arteries in the lungs and heart.

Tags: loss drug candidates narrows

 

Blackstone pursues sale or IPO for Polymer Group Inc; deal could approach $3 bln

2015-07-29 15:30:00| Industrial Machines - Topix.net

Blackstone Group is shopping specialty materials company Polymer Group Inc. to prospective buyers in a deal that could approach $3 billion in value, according to a source familiar with the process. The firm is said to be preparing the company for either a sale or IPO.

Tags: group sale approach deal

 
 

As China pursues 'internet plus' strategy, Modi revives campaign for digital India

2015-07-02 03:45:50| Steel - Topix.net

Indian prime minister Narendra Modi waves as Cyrus Mistry , chairman of Tata Group, watches during the launch of 'Digital India Week'A in New Delhi on July 1, 2015. Photo: Reuters India is reinvigorating an US$18 billion campaign to provide fast internet connections for all, with a "digital week" aimed at popularising Prime Minister Narendra Modi's campaign promise to connect 250,000 villages in India by 2019.

Tags: internet china digital india

 

Monsanto posts higher 3Q profit, pursues Syngenta tie-up

2015-06-24 16:31:00| Chemicals - Topix.net

Monsanto Co. reported better-than-expected earnings results for the third quarter on Wednesday as executives continued to pursue a $45 billion takeover of Swiss competitor, Syngenta AG.

Tags: posts higher profit monsanto

 

Brazil Pursues Illegal Miners on Indigenous Land

2015-05-12 04:07:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: Federal Police officers from the states of Roraima, Rondônia, So Paulo, Amazonas, and Pará were marshaled Thursday to serve 313 warrants against people suspected of clandestine gold and gemstone mining on indigenous lands. The law enforcement operation is chiefly aimed at illegal mining in the Yanomami indigenous reserve in Roraima, reports the state-run Agencia Brasil. About 150 Federal Police are involved in serving the warrants, assisted by officers of the Brazilian Institute for the Environment...

Tags: land brazil illegal indigenous

 

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