Alliqua BioMedical Effects 1-for-10 Reverse Stock Split

Alliqua BioMedical Effects 1-for-10 Reverse Stock Split

Alliqua BioMedical (ALQA) said Thursday it will effect a reverse stock split of its issued and outstanding common stock at an exchange ratio of 1-for-10, after the close of business on Oct. 5. As a result of the reverse stock split, there will be approximately 4.9 million shares of common stock outstanding. The reverse stock split will affect all stockholders uniformly and will not alter any stockholder’s percentage interest in […]

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New Jersey Files Four-Count Lawsuit Against Insys on Opioid Drug – Stock Down 1.7%

New Jersey Files Four-Count Lawsuit Against Insys on Opioid Drug – Stock Down 1.7%

New Jersey has filed a four-count lawsuit against Insys Therapeutics (INSY) charging that it engaged in a greed-driven campaign of consumer fraud and submission of false claims to health insurers to increase the market share for its powerful opioid-fentanyl drug Subsys, Attorney General Christopher Porrino said on Thursday. Insys shares were down 1.5% in late trade. The suit charged that, despite Subsys’ only having Food and Drug Administration (FDA) approval […]

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Pfizer Reports FDA Gives Priority Review To Myeloid Leukemia Treatment

Pfizer Reports FDA Gives Priority Review To Myeloid Leukemia Treatment

Pfizer (PFE) and the private Avillion reported Tuesday a supplemental new drug application for bosutinib, a drug to treat certain types of myeloid leukemia, has been accepted for filing and granted priority review by the U.S. Food and Drug Administration (FDA). Pfizer said that if approved, the new application would expand the approved use of bosutinib to include patients with newly diagnosed chronic phase Philadelphia chromosome-positive chronic myeloid leukemia. Pfizer […]

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Kohl’s Opens Another E-Commerce Fulfillment Center

Kohl’s Opens Another E-Commerce Fulfillment Center

Kohl’s unveiled plans Tuesday to open four small format stores and its fifth e-commerce fulfillment center during Q3, as part of a larger strategy to optimize and rightsize its stores across the country. Along with the new e-commerce fulfillment center in Plainfield, Ind., which will start shipping this month, four small format, 35,000-square-foot stores will be opened in North Smithfield, R.I.; Blue Ash, Ohio; East Windsor, N.J. and Montebello, Calif. […]

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Immersion Sells License to Yomuneco

Immersion Sells License to Yomuneco

Immersion, a licensor of touch feedback technology, said it has signed an end-user license agreement with Tokyo-based Yomuneco, which is an equity-method company of gumi Inc. The agreement enables Yomuneco to add tactile feedback to its gaming applications using Immersion’s TouchSense Force solution for the Unreal Engine design tool. Yomuneco is now developing a new virtual realtiy role-playing game that is scheduled to be released in 2018. With Immersion’s TouchSense […]

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