Washington, DC - Today the IRS released Form 8942, the application to receive a tax credit or grant for qualifying therapeutic discovery projects. (more…)

High Point, NC – TransTech Pharma will receive a $50 million up front payment from Forest Laboratories in a collaboration deal that could be worth more than $1.1 billion in potential fees. (more…)

Boca Raton, FL – Watermark Medical Inc., a medical products and services company currently servicing the sleep-disordered breathing market, has closed a $15 million equity round from CA Technologies (Nasdaq:CA). (more…)

Research Triangle Park, NC – Barcelona-based Grifols, the largest maker of blood plasma products in Europe, has agreed to pay $3.4 billion for Talecris Biotherapeutics Holdings Corp. (more…)

Palm Beach Gardens, FL – Accudial Pharmaceutical Inc. has closed on more than half of a $7 million offering, according to a regulatory filing. The company, which sells a dosing system for administering over-the-counter children’s medication, has secured $4.6 million of the raise, according to a filing with the U.S. Securities and Exchange Commission. (more…)

Nashville, TN – Pathfinder Therapeutics Inc., a company developing minimally invasive surgery guidance products, has raised $4 million in equity led by TriStar Technology Fund and Limestone Fund, with existing investors Hatteras Venture Partners, Florida Gulfshore Capital and Clayton Associates participating. (more…)