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Monthly Archives: February 2010

FDA approves Auxilium drug to treat hand disease

The U.S. Food and Drug Administration on Tuesday approved Auxilium Pharmaceuticals Inc.’s Xiaflex injection to treat a hand disease that causes “bent” fingers. Xiaflex is designed to treat Dupuytren’s disease, a ... Read More

Divergence wins $500,000 in grants for crop parasite work

St. Louis biotech firm Divergence Inc. said Tuesday it received two Small Business Innovation Research grants totaling $500,000, along with renewed funding from the National Corn Growers Association, to support its ... Read More

Delta Dental acquires Fla. eyecare firm

Delta Dental of Missouri has acquired Advantica EyeCare, a Clearwater, Fla.-based vision benefits provider with 2.4 million members nationwide and annual revenue in excess of $46 million. Financial terms weren’t closed. ... Read More

Danforth Center, EnviroLogix team on crop nutrients

The Donald Danforth Plant Science Center and EnviroLogix Inc., a company that develops and manufactures lab-based agricultural diagnostics, said Tuesday they will partner to create technologies that increase nutrients in local ... Read More

Crestor approved to fight more heart disease

AstraZeneca won approval Monday to promote its cholesterol fighting drug Crestor for preventing heart disease in a vast new market of people with healthy cholesterol but other heart risks. Crestor won ... Read More

Coming soon, Avfuel from algae?

Experiments by scientists at the Pentagon’s Defense Advanced Research Projects Agency (DARPA) are moving forward quickly and could be producing jet fuel from algae at competitive prices by next year, the ... Read More

Coca-Cola to buy bottling unit

The Coca-Cola Company confirmed Thursday morning that it had agreed to acquire the North American operations of its largest bottler, reversing a 24-year-old strategy of keeping its bottling operations separate from ... Read More

Cephalon to acquire Mepha AG

Cephalon, Inc. has signed an agreement to acquire Mepha AG and its subsidiaries for $590 million. The privately-held, Swiss-based Mepha is focused on innovative dosage formulations for both generic and branded ... Read More

Broadcom acquires Teknovus for $123 million

Broadcom Corp. made it official Wednesday (Feb 3) it is spending $123 million to acquire startup Teknovus Inc. (Petaluma, Calif.) for its Ethernet passive optical networking technology chipsets and software. “Today ... Read More

Boeing lays off about 100 in St. Louis

Boeing Co. said on Friday that it sent layoff notices to more than 1,000 people, including nearly 100 in the St. Louis. Most of the layoffs were technology workers in Washington ... Read More