Pharma Startup
Ann Arbor’s Lycera In Collaboration With Pharma Giant Merck
The Ann Arbor pharma startup Lycera Corp. Tuesday announced a collaboration with pharma giant Merck to discover, developand commercialize small-molecule therapies directed at novel targets to treat a broad range of immune system disorders.
Tetra Gets NIH Award To Develop New Alzheimer’s Drug
Tetra Discovery Partners LLC, a developer of new treatments for major neurological conditions based on PDE4 modulation in the brain, announced it has been awarded a five-year cooperative agreement by the National Institutes of Health.
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Adeona to Raise $3.5 Million In Stock Offering
Ann Arbor-based Adeona Pharmaceuticals Inc. said Thursday that it had an agreement for the sale of 1,688,782 shares of its common stock at $2.0725 per share to a new institutional investor in a registered direct offering for $3.5 million in gross proceeds
Adeona to Raise $4 Million in Registered Direct Offering
The Ann Arbor pharma startup Adeona Pharmaceuticals Inc. (Amex: AEN) said Friday that it had executed an agreement for the sale of approximately 2.85 million shares of its common stock at $1.40 per share to two new institutional investors in a registered direct offering for $4 million in gross proceeds



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