Ascend Therapeutics US will be the exclusive seller and marketer of Aevum Life Science's Protiva Pregnancy and Protiva New Mom / Recover products across the US, under an agreement signed between the two companies.
The products are useful for improving quality of life for women during pregnancy and post-delivery.
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Canadian biopharmaceutical company Aeterna Zentaris intends to issue shares of its common stock in order to raise $50m in gross proceeds.
The proceeds are intended to be used for general corporate purposes.
Tyme Technologies has raised $8.15m through the private placement of 3.1 million shares to a group of private investors.
The proceeds are intended to be used for initiating Phase II clinical trial in pancreatic cancer and build out its operating structure.
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By GlobalDataBased in the US, the company is focused on cancer therapeutics.
US-based biopharmaceutical company Axsome Therapeutics intends to offer shares of its common stock to public through underwriters, who will have a 30-day option to purchase up to an additional 15% of the shares.
The proceeds are intended to fund the company’s ongoing clinical trials, and for working capital and general corporate purposes. The remaining funds will be invested in short-term, investment-grade, interest-bearing instruments and US government securities.
La Jolla Pharmaceutical Company, also a biopharmaceutical company based in the US, intends to raise $100m through a similar offering.
The proceeds are intended to be used for general corporate purposes.
