San Diego-based Amylin Pharmaceuticals (NASDAQ: AMLN), along with its partner Takeda Pharmaceuticals, said late Monday that their experimental combination of metreleptin and pramlintide is being primed for final-stage Phase III clinical development for obesity. The decision was made after Amylin and Takeda reviewed data from a full 52 weeks of follow up from patients, which showed the drug consistently helped patients lose weight. Separately, Amylin said...
ProActa, which is developing an anti-cancer drug transplanted from New Zealand, has raised $1.1 million in debt and securities, according to a recent regulatory filing. The biotech, which has raised at least $43 million in venture funding since 2004, announced earlier this month that it was starting a second mid-stage clinical trial of a drug for Acute Myeloid Leukemia. ProActas investors include Alta Partners, Clarus Ventures, Delphi Ventures, ...
San Diegos Qualcomm Ventures is showing its confidence in Visage Mobiles back-from-the-dead strategy by leading a new investment round in the San Francisco-based company.
Tim Weingarten, who stepped in as Visage CEO in 2008, tells me the company has secured $4.5 million in its second round venture funding since 2008, when the company sold most of its assets to Convergys on terms that were not disclosed. Visage Mobile basically restarted its ...
GigLocator, a live music aggregator, launches today in open beta. It promises to offer a large collection of gig listings worldwide, sourced from major ticket providers and a number of independents too. It enables users of keep track of their favourite artists and venues while offering a discovery mechanism to help you find more gigs you might like.
It has a smart search engine which knows if youre looking for artists, venues and so on. Enter multiple Last.fm, Pandora or iLike usernames and the site will k...
This is completely a rumor, but an awesome one. Citing a pretty reliable source, Boy Genius Report is saying that the next version of iTunes will add a bunch of new, highly requested features. Specificially, BGRs source says iTunes 9 features Blu-ray support, a new way to organize iPhone apps within iTunes, as well some kind of integration with Twitter, Facebook and possibly Last.fm.
Each of those features have been talked about for some time now on the web. But as BGR notes, the talk of Blu-ray does line i...
Assetize, the startup known for selling Facebook vanity URLs, has launched a new service targeted at Twitter users with unused, unwanted accounts. The same concept from Facebook vanity URLs carries over to the Twittersphere. Assetize will let you park Twitter accounts, like domain names, for future use and in the meantime put ads on the account while you sit back and make money. To park your Twitter account, simply register with Assetize for an invite, then put in all of your account information, give keywo...
Twitter was down for a little while yesterday (its still a little iffy), and it was the closest the United States of America has ever come to collapsing.
P.S. I know the song is played out; thats why I picked it!
Crunch Network: CrunchBoard because its time for you to find a new Job2.0
Hot European music startup Spotify is back in the news today. On August 4 we broke the news that the big music labels have secretly been shareholders in the company since 2008, and that they paid roughly the same price for their preferred stock as venture capital investors Northzone Ventures and Creandum paid last year.
Now, though, Swedish news site ComputerSweden is reporting that those music labels actually got their stock for free. Sony BMG, Universal Music, Warner Music, EMI and Merlinbought at the tim...
Ever since Netflixs awesome vacation policy was revealed to the public (basically, there is no policy, its take the time you think you need), the companys work policies have been of interest to people. A new 128-page presentation called Reference Guide on our Freedom & Responsibility Culture was recently sent around the company, and then put on SlideShare, where the blog Hacking Netflix found it.
The presentation, which you can see for yourself below, is as interesting as any 128-page document can be. If you...
IBM is buying analytics software and solutions provider SPSS in an all cash transaction at a price of $50/share, resulting in a total cash consideration in the merger of approximately $1.2 billion. The acquisition is subject to SPSS shareholder approval, applicableregulatory clearances and other closing conditions. The acquisition is expected to close later in the second half of 2009.
Big Blue said the acquisition of the privately-held Chicago company was expected to strengthen its information-agenda initia...
Sifting through public status updates posted on Twitter and Facebook can be quite useful for instantly tapping into peoples thoughts on any given topic and links to more information about it.
But sometimes its even more useful to search only the status updates published by your friends and family, like when youre looking for something specific to your social circle or only want to get an overview of thoughts or recommendations from those people you know and trust. Enter Status Search, which aims to fill th...
A couple of weeks ago IAC Chairman and CEO Barry Diller was telling the elite crowd at the Allen Co. Sun Valley conference that he was pessimistic about Twitter’s prospects for making money. A couple of weeks later and hes singing the same tune, this time to the elite crowd at the Fortune Brainstorm Tech conference in Pasadena.
In an interview with Andy Serwer, Diller admitted that he didnt really understand the service and doesnt use it himself. He said it was for people who want emote real time informati...
TechCrunch editor Michael Arrington recently visited Charlie Rose for a chat about the latest news and events in technology. Michael gave his take on the Google vs. Microsoft rivalry, saying that each tech giant is going after the others core businesses. Michael also touched upon the latest news around the CrunchPad and Apples much hyped and potentially similar product, the large form iPod Touch, which is reported to hit the market in early 2010.
Of course, Rose unsurprisingly delved into the whole Twitt...
News has just broken that Amazon.com has purchased hot ecommerce up-and-comer Zappos for 10 million Amazon shares or $880 million. (The Amazon release said it was $807 million, but that was based on a trailing 45-day estimate of its share price. Closing price today bumps the deal up to $880 million.) Zappos employees also will get $40 million in cash and restricted stock. And Zappos management will remain in place.
This is a great exit for Zapoos investors, including Sequoia Capital and Venture Frogs, who...
Microsofts newest version of its operating system, Windows 7, is finally in the release-to-manufacturing (RTM) stage, so the OS will soon be preloaded on new computers. Though not officially released yet, Windows 7 is expected to be a hit. For instance, after just eight hours on Amazon UK, Windows 7 pre-orders outpaced the total number of pre-orders for Vista over a period of 17 weeks.
According to Microsoft, Windows 7, which offers seven different versions of the OS, has undergone significant testing, q...
So the story goes that a 25-year-old man at Foxconn - where iPhones are born - was to send 16 iPhone prototypes to Apple from the Chinese factory, but one was lost somewhere. The Foxconn security department then proceeded to illegally search the man’s apartment ...
As Twitter becomes a valuable marketing tools for companies, there has been a proliferation of sites and startups that help manage a brands presence on the microblogging site. Buddy Media, a startup that develops of applications for social networks, including Facebook and MySpace, is throwing its hat in the ring by launching a Twitter Management System for brand advertisers to manage marketing efforts and analytics on Twitter.
Buddy Medias Twitter Management System will let marketers measure and identify...