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DewDiligence

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DewDiligence

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Re: DewDiligence post# 119362

Tuesday, 07/19/2011 2:20:55 PM

Tuesday, July 19, 2011 2:20:55 PM

Post# of 257579
AGN buys private company for $75M (plus $200M earnout):

http://finance.yahoo.com/news/Allergan-Inc-to-Acquire-bw-507898799.html?x=0&.v=1

Founded in 2009 and backed by Vivo Ventures, Fidelity Biosciences and Sofinnova Ventures, Vicept Therapeutics’ lead investigational product, V-101, is a topical cream for the treatment of the erythema (redness) associated with rosacea that has achieved positive results in two randomized, placebo-controlled Phase II studies.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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