Author: Devin Weiss

Merck KGaA (MKGAF) recently announced a definitive agreement to acquire Berlin, Germany-based Biochrom AG. Biochrom AG, which specializes in the production and marketing of cell culture media and buffer solutions, posted sales...

Sovran Self Storage, Inc. (SSS), a real estate investment trust (REIT), has recently divested a 12-property portfolio to World Class Capital Group, LLC, for $35.5 million. The proceeds were utilized to reduce the outstanding...

Pluristem Therapeutics, Inc. (PSTI) recently announced that it will be initiating phase II studies that will evaluate the safety and efficacy of its placental expanded (PLX) cells in treating intermittent claudication (IC), a...

In a concerted effort to fortify its long term financials and refinance an earlier debt, Fidelity National Financial, Inc. (FNF), is issuing notes worth $400 million. The company, on August 21, announced the pricing of the notes...

MediciNova, Inc. (MNOV) recently announced positive preliminary results on intravenous MN-221 (bedoradrine). The randomized, placebo-controlled phase Ib trial evaluated the efficacy and safety of MN-221 in patients with stable,...

West Pharmaceutical Services’ (WST) indirect subsidiary, West Pharmaceutical India Packaging Private Ltd., has commenced the construction of a new compression molding facility in Sri City, India. The facility will be a...

Aetna Inc. (AET) has joined the Comprehensive Primary Care (CPC) initiative. This initiative is one of the wide-ranging efforts taken by the Obama Administration to promote coordinated care at lower costs for all Americans,...

Recently, CareFusion (CFN), a medical technology company, announced the voluntary recall of its Alaris Pump Module, Model 8100. The recalled lot was manufactured between October 2011 and February 2012. The product recall was...

On Thursday, Standard & Poor’s Ratings Services (S&P) downgraded its outlook on HSBC Holdings plc (HBC) and its other rated holding companies to ‘Negative’ from ‘Stable’. The downward...