Alexza Pharmaceuticals, Inc. announced a private placement equity offering of 8.1 million shares of common stock to several qualified institutional investors. The company will receive $2.4325 per share, or approximately $19.1 million in net proceeds.…
Keryx Biopharmaceuticals, Inc. is conducting a private placement of stock to qualified institutional investors. The company is issuing 8 million shares of common stock at a price of $2.50, and will realize $20 million in…
Today, Spire Corporation announced that it has entered into two contracts to supply South Korea-based company Uni-CHEM Co., Ltd. with a 60 megawatt (MW) per year turnkey Cell Line and a 50MW per year turnkey…
Headquartered in Watertown, Massachusetts, A123 Systems, Inc. designs, develops, manufactures, and sells advanced, rechargeable lithium-ion batteries and battery systems. They do this for the transportation, electric grid services, and consumer markets. Founded in 2001, A123…
As the world economy begins to find its footing after recent economic events, companies are increasingly looking at costs and how to reduce and control them. In past years, capital was cheap and many institutions…
Life science company Helicos BioSciences Corp. focuses on genetic analysis technologies for the diagnostic market. The company today announced the sale of a system and relative collaboration with Correlagen Diagnostics Inc., a leader in genetic…
Cepheid, a diagnostics company focused on the biothreat market, last week made a joint announcement with Instrumentation Laboratory (IL), a worldwide developer, manufacturer and distributor of vitro-diagnostics instruments, reporting that Cepheid has received clearance from…
Corgenix Medical Corporation reported a net loss of $1.57 million, or $0.05 per share, for fiscal year 2009. Revenues were $8.06 million for the year, down from $8.35 million reported last year. Despite the loss,…
Ballard Power Systems, a world leader in clean energy fuel cell products, recently provided a status update to the supply agreement between the company and IdaTech and ACME Group. The supply agreement was for a…
Make no mistake about it, the economy has not been kind to investors and with this quasi-depression we have seen, most of the “Big Boys” and “Blue Chips” on Wall Street have felt the pain.…
Cavico Corp. has a proven track record of large-scale infrastructural development and natural resource exploitation in Vietnam. They announced yesterday the award of a contract from Vinh Son – Song Hinh Hydropower Joint Stock Company…
Ascent Solar Technologies Inc. develops thin-film photovoltaic (PV) modules designed to be more flexible and affordable than most traditional solar panels. The company today announced a five-year contract with TurtleEnergy LLC, a premium PV systems…
KSW Inc. operates through its wholly owned subsidiary KSW Mechanical Services Inc., which furnishes and installs heating, ventilating and air conditioning (HVAC) systems and piping systems for commercial, residential and public works projects. KSW has…
SmartHeat Inc. successfully raised equity capital through a public offering of its common stock. The company sold 8.33 million shares at a price of $9.00 per share, and received net proceeds of $69.5 million after…
Waste Services, Inc. (WSII) recently announced it would commence a note offering raising a total of $50 million in new capital. The company is offering 9.5% senior subordinated notes due 2014 in a private placement…
Neuralstem Inc. has patented technology which enables, for the first time, the ability to produce neural stem cells of the human brain and spinal cord in commercial quantities. The company’s technology also has the ability…
Friday, GlaxoSmithKline (NYSE:GSK) and XenoPort, Inc. (NASDAQ:XNPT) announced top-line results from a Phase II-b clinical trial. The study evaluates the safety and efficacy of GSK1838262/XP13512 (gabapentin enacarbil) for neuropathic pain, associated with post-herpetic neuralgia (PHN)…
Siemens Corporate Research spin-off and Speedus Corp. subsidiary, Zargis Medical Corp., announced Friday that it has received U.S. Food and Drug Administration clearance to market the new Signal X6(TM) device. The company also announced that…
FieldPoint Petroleum Corp. is an oil and gas exploration, production and acquisition company primarily focused on Louisiana, New Mexico, Oklahoma, Texas and Wyoming. The company today announced the $4.4 million acquisition of a working interest…
Point.360 reported a net loss of $12.2 million, or $1.20 per share, in its fourth fiscal quarter. The company reported net income of $0.1 million, or $0.01, per share in the same quarter in 2008.…