Science and Enterprise

Month: July 2010

  • Financing deals, 8 July 2010

    Calithera Biosciences in South San Francisco, California today announced completion of a Series A financing totaling $40 million. Series A financing involves early sale of stock to external investors, after initial seed capital. Morgenthaler Ventures led the financing with U.S. Venture Partners, Advanced Technology Ventures, Delphi Ventures and Mission Bay Capital taking part. Calithera Biosciences…

  • Merck to Cut Workforce, Close Research and Manufacturing Sites

    Merck & Co. in Whitehouse Station, New Jersey announced today a consolidation of its research and manufacturing operations, reducing its workforce 15 percent and closing eight research and eight manufacturing sites. The reductions in sites and workers are part of Merck’s integration of facilities with Schering-Plough, following its acquisition in November 2009. The company says…

  • Financing deals: 7 July 2010

    Oragenics, Inc. in Tampa, Florida entered into a common stock purchase agreement with the Koski Family Limited Partnership (KFLP), the company’s largest shareholder. In the deal, Oragenics will sell KFLP 5 million shares of its common stock at $0.40 a share. KFLP will also cancel and exchange for equity a previous $1 million note it…

  • Global Chip Sales Rise But Growth Expected to Ease

    The Semiconductor Industry Association (SIA) reported last night that sales of semiconductors worldwide increased in May 2010 compared to April, as well as to May 2009. The high annual rate of growth in semiconductor sales seen in the first part of 2010, however, is expected to slow during the rest of the year. In May,…

  • Patent Public Advisory Committee to Meet on 8 July

    The Patent Public Advisory Committee to the U.S. Patent and Trademark Office (USPTO) meets on Thursday, 8 July 2010 to review USPTO’s policies and operations related to patents. This session is the group’s fourth of this year. The patent advisory committee reviews the policies, goals, budget, and user fees set by USPTO, and provides recommendation’s…