The FDA has approved Keryx Biopharmaceuticals, Inc’s (KERX) ferric citrate to control serum phosphorus levels in patients suffering from chronic kidney disease (CKD) on dialysis. However, the news adversely affected the stock price, which fell more than 5%, as the drug was approved with several warnings. Ferric citrate is not recommended for patients with an…
Wednesday, before the opening day of the International Broadcasting Convention (IBC), Microsoft Corp (Nasdaq MSFT) announced new cloud-first media services, including HD-quality live streaming that supports today’s most popular devices and platforms, end-to-end content protection capabilities, and a new service that simplifies the indexing of audio and video content and makes it easier to search….
It feels like just yesterday Apple Inc (NASDAQ AAPL) first unveiled the iPod as a revolutionary MP3 player. Music buffs could simplify their music collection by storing all their favorite songs in one little device and take it everywhere they go. But since the unveiling of the iPhone and the iPad, the overall demand for…
Google Inc (NASDAQ GOOG) has acquired Polar, a mobile and desktop polling company in a bid to enhance the publishers’ and brands’ user engagement. The employees of the start-up will now work for Google and assist in increasing the user engagement on Google+, or help brands that use social network to market themselves. Google seeks…
Facebook Inc (NASDAQ FB) has invited content producers to test distribute their videos on the social network, according to the Wall Street Journal. In what may seem as the social networking’s efforts to overshadow YouTube, the company has got in touch, with some of the video site’s biggest content producers, with the offer. Facebook is…
In order to boost its pipeline, AbbVie Inc (ABBV) inked a collaboration agreement with Infinity Pharmaceuticals (INFI) to develop and commercialize the latter’s oncology candidate duvelisib (IPI-145). Infinity Pharma’s shares jumped over 44% following the announcement. AbbVie will be making an upfront payment of $275 million to Infinity Pharma to jointly commercialize duvelisib in the…
