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November 12, 2002 | From Bloomberg News
Hyseq Inc. of Sunnyvale agreed to buy Variagenics Inc. for about $55.9 million in stock to accelerate development of a drug to dissolve blood clots and develop other products. Hyseq would exchange about 1.65 shares for each Variagenics share, the companies said. That values Variagenics, based in Cambridge, Mass., at $2.22 a share, more than double Friday's closing price of 96 cents. Shares of Hyseq fell 27 cents to $1.08 on Nasdaq.
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BUSINESS
November 12, 2002 | From Bloomberg News
Hyseq Inc. of Sunnyvale agreed to buy Variagenics Inc. for about $55.9 million in stock to accelerate development of a drug to dissolve blood clots and develop other products. Hyseq would exchange about 1.65 shares for each Variagenics share, the companies said. That values Variagenics, based in Cambridge, Mass., at $2.22 a share, more than double Friday's closing price of 96 cents. Shares of Hyseq fell 27 cents to $1.08 on Nasdaq.
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BUSINESS
September 5, 2002 | A Times Staff Writer
The House Financial Services Committee, which is investigating brokerage practices during the bull market, on Wednesday sent letters to Credit Suisse First Boston and Goldman Sachs Group asking for information on their dealings with more than two dozen companies. Here are the companies: * CS First Boston: Caliper Technologies Corp., Commerce One Inc., Digital Impact Inc., DigitalThink Inc., EarthShell Container Corp., Enron Corp., Global Crossing Ltd., Handspring Inc., Intraware Inc.
BUSINESS
February 13, 2001 | From Bloomberg News
Shares of Applera Corp.'s Celera Genomics unit surged nearly 15% Monday as some investors bet the company will be able to translate its analysis of the human genetic code into new drugs and vaccines. Biotech stocks in general rallied, though most remain far below the peaks they reached in 2000. Celera and the publicly funded Human Genome Project on Monday formally presented their two versions of the human genome.
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