Financings

• Aeterna Zentaris Inc. completed its previously reported $12.1 million registered direct offering.

• BioSante Pharmaceuticals Inc. netted $14.2 million in a registered direct offering of stock and warrants.

• Cadence Pharmaceuticals Inc. secured a $30 million loan facility.

• Incline Therapeutics Inc. raised $43 million in a Series A round for a needle-free analgesic.

• Nereus Pharmaceuticals Inc. raised $20 million from existing venture investors.

• Precision Therapeutics Inc. raised $35 million in a Series D financing.

Deals

• BioLineRx Ltd. signed a $365 million regional deal for antipsychotic BL-1020 with Cypress Bioscience Inc.

• Cadence Pharmaceuticals Inc. signed an option to acquire Incline Therapeutics Inc.

• Diamyd Medical AB landed a $625 million diabetes deal with Johnson & Johnson.

• Dyax Corp. inked a $100 million regional deal for hereditary angioedema drug ecallantide with Sigma-Tau SpA.

• Exelixis Inc. regained the rights to MET inhibitor XL184 from Bristol-Myers Squibb Co.

• Metabolex Inc. signed a $330 million diabetes deal with Johnson & Johnson.

• Regulus Therapeutics Inc. landed a $750 million microRNA deal with Sanofi-Aventis Group SA.

• Santaris Pharma A/S and miRagen Therapeutics Inc. partnered to develop microRNA drugs for cardiovascular disease (no terms).

• Valeant Pharmaceuticals International Inc. and Biovail Corp. agreed to a $3.3 billion merger.

. . . And More

BioWorld Today included coverage from the 11th Congress of the European League Against Rheumatism (EULAR), the Endocrine Society annual meeting (ENDO) and the American Headache Society (AHS) annual meeting.

• Affymax Inc. reported mixed data from four Phase III trials of Hematide for anemia.

• Genentech Inc./Roche AG gained FDA approval of Lucentis (ranibizumab) for macular edema following retinal vein occlusion.

• Ipsen SA and Roche AG said side effects have delayed Phase III diabetes drug taspoglutide.

• Novartis AG got FDA approval of Tasigna (nilotinib) for newly diagnosed Philadelphia chromosome-positive chronic myeloid leukemia.

• Pfizer Inc. voluntary withdrew acute myeloid leukemia drug Mylotarg (gemtuzumab ozogamicin) from the market.

• Pfizer Inc. suspended development of tanezumab for osteoarthritis pain.

• SkyePharma plc said it doubts it will get FDA approval of asthma drug Flutiform (fluticasone propionate/formoterol fumarate).