ANN ARBOR - QuatRx Pharmaceuticals Co. announced unexpectedly Monday that it has withdrawn its Initial Public Offering registration with the Securities and Exchange Commission because of poor market conditions. In a statement, QuatRx Chief Financial Officer Gary Onn said the market has not been kind to life science companies and QuatRx didn?t think it could
ALLEGAN - The Perrigo Company, the world's largest manufacturer of over-the-counter-drugs, has promoted its former controller to the post of executive vice president and chief financial officer. Judy Brown succeeds Douglas Schrank, who retired June 30. Brown, who joined Perrigo in September 2004, has overseen the various departments within finance, including Investor Relations, Treasury and
ANN ARBOR - MichBio, Michigan?s life science trade association, announced it has scheduled a Student Life Science Career Day October 10 in Grand Rapids during the first day of the MichBio Expo 2006. Grand Valley State University and the Van Andel Institute, in partnership with MichBio, will host the career day. This event is for
ANN ARBOR ? Stephen Rapundalo, executive director of MichBio, the state's life sciences industry association, said Thursday that his organization opposes efforts in Michigan to repeal of tort and product liability legislation because it could jeopardize access to new prescription drugs developed by MichBio members, like Pfizer. Rapundalo joined patients, health care providers, manufacturers, pharmaceutical
GRAND RAPIDS ? Van Andel Institute CEO David Van Andel on Monday dedicated the building that will house the Van Andel Education Institute Science Academy, an institution that aims to prepare students to enter science-related fields, including providing future researchers for the VAI. The Science Academy will also offer programs to support upper elementary, middle
BIRMINGHAM ? Healthcare management company ChangeScape has added two principals, project management expert Larry Lacombe and healthcare information technology executive J. Paul Solverson. Both will help ChangeScape in its efforts to develop a regional health information organization for Michigan that could serve as a national model. Lacombe comes to ChangeScape from The PCI Group, a
DETROIT ? Tissue bank company Asterand has rolled out a cell line that offers researchers an important tool in the study of breast cancer. The cell line, known as MCF10DCIS.com, will be valuable for the testing of chemopreventive agents and for screening cancer causing agents, in addition to screening anticancer drugs. "MCF10DCIS.com is one of
ANN ARBOR ? Human tissue repair start up Aastrom Biosciences lost more than $5 million in the third quarter ended March 31, on revenue of just $238,000. For the first nine months of the fiscal year, Aastrom lost $13.5 million, while earning just $535,000, primarily from grant revenues, rather than product sales. The company did
ANN ARBOR - Life sciences trade association MichBio has disclosed more details about its October MichBio Expo 2006, a three-day series of meetings, lectures, exhibits and student-focused career events that will be held in Grand Rapids at the DeVos Place convention center. MichBio expects the Expo to attract 800 participants from across the state to
GRAND RAPIDS - Van Andel Research Institute Director George Vande Woude has been elected a fellow of the American Academy of Arts and Sciences. One of the world?s most renowned experts in molecular oncology, Vande Woude was appointed as the inaugural director of VARI in 1999 following a 28-year tenure with the National Cancer Institute