Acceleron Receives Two FDA Orphan Designations for ACE-536

Acceleron Receives Two FDA Orphan Designations for ACE-536

March 26, 2013

ACE-536 granted rare disease designation for the treatment of beta-thalassemia and for the treatment of myelodysplastic syndromes (MDS)

Tetraphase Pharmaceuticals Announces Pricing of Initial Public Offering

Tetraphase Pharmaceuticals Announces Pricing of Initial Public Offering

March 20, 2013

WATERTOWN, Mass.--(BUSINESS WIRE)-- Tetraphase Pharmaceuticals, Inc. (NASDAQ:TTPH) today announced the pricing of its initial public offering of 10,714,286 shares of common stock at a price to the public of $7.00 per share, less underwriting discounts and commissions. Tetraphase's common stock is expected to begin trading on the NASDAQ Global Market under the symbol "TTPH" on March 20, 2013.

Tetraphase has granted the underwriters a 30-day option to purchase up to 1,607,143 additional shares of common stock at the same price to cover over allotments, if any.

Receptos Licenses Anti-Interleukin-13 Antibody From AbbVie For Phase 2 Development In Orphan Disease

Receptos Licenses Anti-Interleukin-13 Antibody From AbbVie For Phase 2 Development In Orphan Disease

March 13, 2013

Development License and Option Agreement Represents Blueprint for Innovation between Pharma and Biotech

SAN DIEGO, March 13, 2013 /PRNewswire/ – Receptos Inc. announced today that it has entered a Development License and Option Agreement to in-license a humanized anti-interleukin-13 (IL-13) antibody asset from AbbVie (ABBV).

BG Medicine Reports Fourth Quarter and Full Year 2012 Financial Results and Provides 2013 Outlook

BG Medicine Reports Fourth Quarter and Full Year 2012 Financial Results and Provides 2013 Outlook

March 13, 2013

Fourth Quarter and Full Year BGM Galectin-3 Test Sales Grow Significantly

  • Q4 Revenues nearly triple from Q4 2011
  • Product margins increase 10% from Q4 2011
  • January 2013 $12.8 million public offering supplements Q4 2012 cash of $13.2 million
  • bioMérieux obtains CE mark for VIDAS Galectin-3 test

Avedro Announces Preparation for Anticipated Hyperopic Lasik Xtra® US Clinical Trial

Avedro Announces Preparation for Anticipated Hyperopic Lasik Xtra® US Clinical Trial

March 13, 2013

WALTHAM, Mass.--()--Avedro today announced that in preparation for its US clinical trial, a select group of US refractive surgeons have just completed Lasik Xtra procedure training under Gustavo Tamayo, MD, at the Bogota Laser Center in Bogota, Colombia.

Acceleron Initiates Phase 2 Study of ACE-536 to Treat Patients with Beta-Thalassemia

Acceleron Initiates Phase 2 Study of ACE-536 to Treat Patients with Beta-Thalassemia

March 7, 2013

Novel biologic has potential to treat rare blood disorder with substantial unmet medical need

Receptos Determines Novel GPCR Structure, Achieves Key Milestone in Collaboration with Ono Pharmaceuticals

Receptos Determines Novel GPCR Structure, Achieves Key Milestone in Collaboration with Ono Pharmaceuticals

March 7, 2013

SAN DIEGO, March 7, 2013 /PRNewswire/ -- Receptos, a biopharmaceutical company focused on developing therapeutic candidates directed to G-protein-coupled receptor (GPCR) targets, announced today that it has successfully determined a novel protein crystal structure of an undisclosed proprietary GPCR drug discovery target for Ono Pharmaceuticals.

BG Medicine Highlights Role of Galectin-3 Testing in Combating Hospital Readmissions at the American College of Cardiology's (ACC) 62nd Annual Scientific Session & Expo

BG Medicine Highlights Role of Galectin-3 Testing in Combating Hospital Readmissions at the American College of Cardiology's (ACC) 62nd Annual Scientific Session & Expo

March 6, 2013

WALTHAM, Mass., March 6, 2013 (GLOBE NEWSWIRE) -- BG Medicine, Inc.

Avedro Completes $43 Million Series D Financing

Avedro Completes $43 Million Series D Financing

March 5, 2013

WALTHAM, Mass., Mar 05, 2013 (BUSINESS WIRE) -- Avedro, Inc. announced today the completion of a $43 million Series D financing led by Abingworth along with a significant investment by Third Point. Avedro's other investors include Prism Venture Works, De Novo Ventures, Flagship Ventures, Aperture Ventures, SCP Vitalife Partners, Borealis Ventures and Echelon Ventures.

As part of the transaction, David Mayer from Abingworth and Jason Hong, PhD from Third Point will be joining the Board of Directors.

David Edwards's WikiCell Makes Edible Food Packaging

David Edwards's WikiCell Makes Edible Food Packaging

February 28, 2013

A third of the waste that’s dumped into landfills is packaging such as boxes, bags, and food wrappers. David Edwards has a solution: Just eat it.

Last year, Edwards, 51, a bioengineer at Harvard, launched WikiCell, which makes edible packaging for everything from yogurt to coffee and even alcoholic drinks. “We can basically surround any food or beverage with a skin like a grape skin that’s fully edible, and then consume it,” he says. Picture a martini wrapped in an olive that you can stick in your pocket and rinse off when you’re ready for a toast.