Shares of BioDelivery Sciences International soared for a second straight day Friday, the day after the company announced positive news about its lead experimental drug.

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GTx Inc. CEO Mitchell Steiner will ring Nasdaq’s opening bell on Tuesday, Sept. 2.

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Claes Wahlestedt, who heads Scripps Florida’s efforts to develop drugs for diseases of the central nervous system, has launched new company with business consultant and longtime friend Joe Collard.

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A Mylan Inc. subsidiary will immediately release a generic version of the Alzheimer’s disease drug Razadyne after it won a patent challenge and received regulatory approval, the Canonsburg-based drugmaker said. (MYL)

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The National Science Foundation has approved a $1.3 million grant for researchers at Oklahoma State University and the University of Oklahoma to discover new kinds of microorganisms in natural habitats. The five-year grant will enable scientists to detect, identify, and isolate unique microorganisms using state-of-the-art molecular biological procedures at a sulfur spring in southwestern Oklahoma.
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As Tropical Storm Gustav moves toward the Gulf of Mexico and threatens to develop into a hurricane, Walgreens is offering Gulf Coast residents tips on refilling their prescription medications should they need to evacuate. To help pharmacy patients prepare for any potential evacuations, Walgreens suggests the following: 1. If you evacuate, get to a safe location first and refill your medication at a pharmacy there.
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New research can enhance survival of islets transplants and improve treatment of type 1 diabetes. Transplantation of insulin-producing cell islets, so-called islets of langerhans is an appealing strategy for treatment of type 1 diabetes. But it turns out that these are short-lived, and the procedure needs to be repeated.
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Intercell AG (VSE: ICLL) announced that its collaborator Merck & Co., Inc. has initiated a Phase II clinical trial of V710, an investigational vaccine for the prevention of Staphylococcus aureus (S. aureus) infections. This randomized double blind, placebo controlled study aims to evaluate the safety and immunogenicity of the vaccine candidate in patients with end-stage kidney disease on hemodialysis.
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With increasing lifestyle changes and urbanization, India is expected to see an upsurge in the number of chronic disease patients, creating enough opportunities for drug makers.
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A New Mexico-based biomedical research organization will open an office at the North Carolina Research Campus in Kannapolis. (RHT)

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