Monthly Archives: February 2010

Biovail, Alexza develop inhaled mental health treatment

An inhaled mental health drug could appear on the market in the near future under a collaboration announced Wednesday by Biovail Corp. and Alexza Pharmaceuticals. Biovail subsidiary Biovail Labs International SRL ... Read More

Bick Group acquires cloud consultants

Data center design/build firm Bick Group has announced the acquisition of Blue Mountain Labs (BML), a consulting firm focused on the adoption of cloud computing within enterprise and government organizations. Terms ... Read More

Bayer MaterialScience opens carbon nanotube pilot facility

Bayer MaterialScience announced last week that he has opened the world’s larger pilot facility for manufacture of carbon nanotubes at CHEMPARK Leverkusen in Germany. “Current forecasts predict an annual growth rate ... Read More

Astra pays up to $1.2 billion for arthritis drug

AstraZeneca waded into the competitive rheumatoid arthritis market on Tuesday by buying rights to Rigel Pharmaceuticals‘ next-generation drug R788 for up to $1.245 billion, Reuters reported. The deal is a big ... Read More

Areva buys solar-thermal start-up Ausra

France-based Areva, best known for its work in nuclear power, said on Monday it has acquired concentrating solar-power start-up Ausra for an undisclosed price. The acquisition will expand Areva’s business interests ... Read More

American Railcar in high-speed venture

Billionaire investor Carl Icahn is backing a startup company that would build trains to run on President Barack Obama’s high-speed rail network, challenging international manufacturers that dominate the market, the company ... Read More

A boost for light-duty trucks

Smith Electric Vehicles and Proton Power Systems have signed a memorandum of understanding to develop long-range electric service trucks. The partnership will allow Smith Electric to install Proton Power’s fuel cell ... Read More