Ionis Pharmaceuticals Reports Statistically Significant Data

Ionis Pharmaceuticals Reports Statistically Significant Data

Ionis Pharmaceuticals said Wednesday a phase 2 study showed that patients with type 2 diabetes uncontrolled on stable, maximal metformin therapy treated with IONIS-GCGR achieved robust and sustained, statistically significant improvements in hemoglobin A1c and other measures of glucose control after 26 weeks of treatment. “”Based on the profile we observed in this study, including substantial HbA1c lowering and favorable safety, we have identified an optimal dose to advance to […]

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Delta Technology Gets Multi-Million Supply Contract

Delta Technology Gets Multi-Million Supply Contract

Delta Technology Holdings jumped more than 21% after it said it received a long-term contract to provide a monthly supply of 40 tons of 2-chlorobenzaldehyde (OBCA) to Changzhou Tronly New Electronic Materials. This is a multi-million dollar contract for Delta Technology Holdings. Changzhou Tronly is a major manufacturer in the high-technology industry with a market value topping $1.2 billion. 2-chlorobenzaldehyde is primarily used in medicines and pesticides.

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Apple To Start Producing iPhones in Bengaluru in April

Apple To Start Producing iPhones in Bengaluru in April

Apple is planning to start producing iPhones for the Indian market in Bengaluru in April, according to the Times of India. Wistron, a Taiwanese OEM maker for Apple, is setting up a facility in Peenya, to manufacture the iPhones, the story said, citing industry sources. Apple is “very serious” about beginning assembly operations – and thereafter full manufacture – in India by the end of next year. “Bangalore is being […]

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Strongbridge Biopharma Closes Equity Financing, Credit Facility

Strongbridge Biopharma Closes Equity Financing, Credit Facility

Strongbridge Biopharma, a biopharmaceutical company, has closed its $35 million equity financing, and $40 million credit facility transactions. Strongbridge entered into a senior credit facility with Oxford Finance LLC and Horizon Technology Finance. The credit facility consists of $20 million borrowed initially with access to two additional tranches of $10 million each. The facility matures after 48 months. The company has issued 10-year warrants to the lenders to purchase an […]

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Network-1 Gets New Patent from U.S. Patent Office

Network-1 Gets New Patent from U.S. Patent Office

Network-1 Technologies, a company engaged in the development, licensing and protection of intellectual property, received a new patent from the U.S. Patent and Trademark Office for additional claims in Professor Ingemar Cox’s portfolio. The patent is entitled “Methods for Linking an Electronic Media Work to Perform an Action”. The claims in the newly issued patent are generally directed towards methods of content identification and performing actions following therefrom. The newly […]

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