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Friday July 17, 2009
Alnylam Pharmaceuticals, Inc. (Nasdaq: ALNY), a leading RNAi therapeutics company, announced today that Novartis has elected to extend the company’s RNAi therapeutics collaboration for a fifth and final planned year, through October 2010. The landmark alliance was initiated in October 2005 and is focused on the discovery, development, and commercialization of RNAi therapeutics toward a defined number of Novartis-selected disease gene targets.
NT Media Corp. (www.ntmedia.tv) (OTCBB: NTMI), a developer and operator of media and social networking websites, has added a real-time Twitter Tracker Feed to its targeted social network dedicated to the discussion and networking among single fathers at www.singlefathernetwork.com. The network is equipped with text, photos, videos, blogs, forums and extensive social networking enabling single fathers to share resources, ideas, thoughts, and aspects of their social lives.
A. O. Smith Corporation (NYSE:AOS) today announced second quarter net earnings of $21.3 million or $0.84 per share on sales of $498.7 million. Included in earnings was a positive tax adjustment of $1.9 million relating to its Chinese water products business.
Bank of America Corporation (NYSE: BAC) today reported second-quarter 2009 net income of $3.2 billion. After deducting preferred dividends of $805 million, including $713 million paid to the U.S. government, diluted earnings per share were $0.33.
BioCryst Pharmaceuticals (Nasdaq: BCRX) today announced positive results from two Phase 3 studies of intravenous (i.v.) peramivir in patients with seasonal inf! luenza. The studies were sponsored by BioCryst’s partner Shionogi & Co., Ltd. of Osaka, Japan and conducted during the 2008-2009 influenza season. Shionogi and Green Cross Corporation, the license holder of peramivir in Korea, co-conducted the portion of the studies in Korea.
PRG-Schultz International, Inc. (Nasdaq: PRGX) today announced that its UK subsidiary has acquired the business and assets of First Audit Partners LLP (”FAP”), a privately-held European provider of recovery audit services based in Cambridge, England. The business and assets of FAP are expected to be fully integrated into PRG-Schultz’s European operations and will expand the growing list of major European retailers to whom PRG-Schultz provides services.
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