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Medinox, Inc. in Carlsbad, California and Orient Europharma in Taiwan announce today that they have entered into a partnering agreement to develop and market NOX-100, a new anti-hypotensive drug. Under the terms of the agreement, Orient Europharma holds the exclusive distribution rights of NOX-100 in Taiwan, China, Korea, Australia, New Zealand and Southeast Asia. Medinox retains the marketing rights in the United States, Japan and Europe.
Massachusetts Attorney General Thomas Reilly (D) on Monday filed a lawsuit against Texas-based HealthMarkets, which sells low-cost health insurance to small businesses and students in the state, accusing the company of deceptive marketing practices and improper denials of patient claims, the Boston Globe reports.
Researchers at Washington University School of Medicine in St. Louis have shown that a controversial phenomenon known as antibody-dependent enhancement (ADE) of infection is suppressed by C1q, a blood-borne immune system compound.
Wheat-based infant follow-on formulas are better reconstituted with fruit juice and should be stored in the fridge at 4°C to prevent growth of meningitis bacteria, according to recent research.
Pharmasset, Inc. announced today the underwriters of its recent stock offering have exercised their option to purchase an additional 480,000 shares of common stock. The net proceeds to Pharmasset, Inc., after deducting the underwriting discount, from the sale of these additional shares are expected to be approximately $13.2 million.
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