Durham’s Cato Research invests in Cordex Pharma

The News Review:

- Durham’s Cato Research invests in Cordex Pharma
- Phase Forward: Pace of Business Holding Up Well
- Alliance With Hartford Hospital Will Preserve Crucial Academic And …
- Micromet Adds Former Head of Roche ncology Kapil Dhingra MD to …
- Frontage Laboratories Continues to Grow Its China Business and Add …

Durham’s Cato Research invests in Cordex Pharma
Bizjournals.com NC -
biotechnology firm. The deal calls for Cato Research to handle regulatory work and clinical testing of Cordex’s drugs. Cato would be compensated in part with stock ownership in Cordex.

Phase Forward: Pace of Business Holding Up Well
Seeking Alpha NY -
htm” >an initial public offering of its common stock. CitiGroup and Credit Suisse are co-managers of the deal which is expected to raise approximately $86 million. Medidata has some of the same customers as Phase Forward such as pharmaceutical leader Bayer Healthcare and clinical research organization (CR) PAREXEL. However Medidata has yet to turn a profit even after over five years in the business. Phase Forward is consistently profitable and had a cash conversion ratio of 29% in 2009. So think pharma but think twice! Disclosure: Neither the author of the Small Cap Strategist web log Crystal Equity Research nor its affiliates have a beneficial interest in the companies mentioned herein.

Alliance With Hartford Hospital Will Preserve Crucial Academic And …
Hartford Courant United States -
Failure to act would jeopardize the status and the research capacity of. Furthermore it would mean the continued operation of an inefficient obsolete Dempsey Hospital with its ongoing operating deficits which ensures its eventual closure with loss of on-site capacity for teaching and clinical research. The status quo is unacceptable. The cost of any eventual action by the state to sustain quality medical education and research and to achieve high-quality medical care will steadily increase. The efforts of the health center and its hospital partners over the past eight months achieved a level of collaboration that if fully implemented far exceeds what anyone envisioned only one year ago. All parties to this proposal can benefit by creating a regional health care system that will serve as an economic engine and a health care destination.

Micromet Adds Former Head of Roche ncology Kapil Dhingra MD to …
PharmaLive.com (press release) PA -
Dhingra has been active in oncology clinical research for over 20 years. During his tenure at Hoffmann-La Roche from 1999 to 2008 he built the largest oncology clinical development department in the industry. Dhingra provided strategic development leadership resulting in a successful track record of global oncology drug approvals including numerous indications for Herceptin(R) MabThera(R) Xeloda(R) Bondronat(R) Tarceva(R) and Avastin(R). In his academic career Dr.
Related from Acnemonster: Roche ordered to pay $13M to users of acne drug

Frontage Laboratories Continues to Grow Its China Business and Add …
PR Newswire (press release) NY -
He has been instrumental in driving revenues growth drug development profitability and operational performance at each of these companies including a leading contract research organization during its high growth phase. Stigliano was most recently Chief Financial fficer of Novavax a publicly traded novel vaccine development company. Prior to that he held various senior financial and operating roles within mnicare Clinical Research Inc. where he was eventually responsible for global operations of over $145 million of annual revenue. At mnicare he also oversaw over 800 employees worldwide and implemented new systems and processes for the company’s global drug development operations including the oversight of all clinical trials project management and project profitability. He is a Certified Public Accountant received his BA from Rutgers University and his MBA from Pace University.

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