Unable to find a retooled deal pleasing to both sides, ImmunoGen Inc. and GlaxoSmithKline plc - which earlier said they were striving to do so - have ended their development agreement for cantuzumab mertansine (huC242-DM1). (BioWorld Today)
Some cynical Europeans might snicker about industry in America profiting from a threatened terrorist siege. Other commentators may marvel instead at company scientists' ability to engineer biodefense weapons. The editorial-page beat goes on.
Spurning an eleventh-hour suitor that made an offer last week, diagnostic testing firm Variagenics Inc. said its board wants to go ahead with the previously planned merger with Hyseq Inc. (BioWorld Today)