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BioVex Inc, a company developing new generation biologics for the treatment and prevention of cancer and infectious disease, announced today that it has concluded a $70 million private financing, raising $30 million in addition to the $40 million announced in March. The proceeds of the financing will primarily be used to complete the ongoing Phase III pivotal study of OncoVEX (GM-CSF) for the treatment of recurrent and metastatic melanoma and to fund pre-commercialization activities.
Boehringer Ingelheim, a global pharmaceutical group of companies, together with its U.S. animal health business Boehringer Ingelheim Vetmedica, Inc., announced today that it has entered into an agreement with Pfizer to acquire certain assets of Wyeth Pharmaceutical's Fort Dodge Animal Health business upon the closing of the global Pfizer-Wyeth merger, which is expected to occur early in the fourth quarter.
The Hill and Reuters report on the health law's numerous 2012 battle fronts -; starting with the Supreme Court's review of the law and moving toward the November elections. Meanwhile, however, other news outlets report on continuing implementation of the measure, including the creation of a federal health exchange and defense of its prevention fund.
Among today's health policy headlines, a new Politico poll highlights the deep divide in public opinion that exists regarding the repeal of the health law.
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