ALXA offering. PLX prices offering. AEN now SYN + HZNP news

Feb 16, 2012 No Comments by

Protalix BioTherapeutics, Inc. (NYSE Amex:PLX) (TASE:PLX), announced the pricing of its public offering of 4.5 million shares at a price to the public of $5.25 per share with an option to issue a further 675,000 additional shares to cover over-allotments.

Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA), today announced that it intends to offer shares of its common stock and warrants to purchase shares of its common stock in an underwritten public offering.

Adeona Pharmaceuticals, Inc. (NYSE Amex: AEN) announced today that it changed its corporate name to Synthetic Biologics, Inc under the ticker “SYN”, effective immediately.

Horizon Pharma, Inc. (NASDAQ: HZNP), today announced that it had received a Paragraph IV Patent Certification from Par Pharmaceutical, Inc. advising that Par has filed an Abbreviated New Drug Application (“ANDA”) with the FDA for a generic version of DUEXIS. If Horizon initiates a patent infringement suit to defend the patents identified in the Paragraph IV notice within 45 days after its receipt of the notice, the FDA would be prevented from approving the ANDA until the earlier of 30 months or a decision in the infringement case that each of the patents are not infringed or invalid.

 

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About the author

Currently residing in New Zealand and employed in the education industry, Mr. A. Burden holds a M.Com in International Business from the University of Sydney and used these skills together with his passion for investing to establish BioPharmCatalyst in June 2010 as a tool for investing decisions in the US pharmaceutical market. He spends much of his free time mountain biking, playing squash and hiking.
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