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Home » Authors » Randy Osborne

Articles by Randy Osborne

Lilly Expands Alkermes Deal, Buying $30M In Convertibles

Dec. 16, 2002
By Randy Osborne
In an expansion of their deal to develop inhaled insulin, Eli Lilly and Co. is buying $30 million in newly issued convertible preferred stock from Alkermes Inc., which will use the money to pay for the joint development program for 2003 and 2004. (BioWorld Today)
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Proposed SEC Rule Would Ease Young Firms' Investment Rules

Dec. 16, 2002
By Randy Osborne
The Securities and Exchange Commission is mulling a rule change that would allow biotechnology firms more flexibility to invest, so they can better advance research and development - and in Washington, the industry push is on for a somewhat more extensive change. (BioWorld Financial Watch)
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ArQule's Deal Falls Through; Refocusing Cuts Staff By Third

Dec. 12, 2002
By Randy Osborne
Although it's searched for two years - and had what seemed like a good prospect on the line for the past 12 months - ArQule Inc. has been unable to pair up with a heavyweight partner to use its acquired ADME chemistry screening technology. Late Tuesday, the company said it is reducing staff by 31 percent (128 people), and plans to close two facilities. (BioWorld Today)
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Immune Response Offering: $8.4M With Potential For More

Dec. 12, 2002
By Randy Osborne

Analyst: Gilead/Triangle's HIV Drug, Facing GSK's, May Need More Trials

Dec. 9, 2002
By Randy Osborne
Almost as if to provide a metaphor for HIV treatment strategy - drug combination is the weapon of choice for fighting the infection - two major players said last week they plan to join forces in a $464 million merger whereby Gilead Sciences Inc. will acquire Triangle Pharmaceuticals Inc. (BioWorld Financial Watch)
Read More

Public Mouse Genome Draft Done, Comparisons Begin

Dec. 9, 2002
By Randy Osborne

Gilead, Triangle Plan Merger: $464M Deal Pairs HIV Drugs

Dec. 5, 2002
By Randy Osborne
Having lost its figurative dance partner, Abbott Laboratories Inc., over the summer, Triangle Pharmaceuticals Inc. disclosed that it plans to undergo a "two-step" acquisition by Gilead Sciences Inc. in a deal valued at $464 million. (BioWorld Today)
Read More

Inex Stock Dips As Investors Sort Positive' Phase II/III Data

Dec. 4, 2002
By Randy Osborne

HGS, Kirin Licensing Deal To Find Cancer Monoclonal

Dec. 4, 2002
By Randy Osborne

Aastrom Enters Fusion Deal, Selling Up To $12M In Stock

Dec. 3, 2002
By Randy Osborne
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