Alphabet (GOOG) is said to be in talks with Ford (F) to help build the search giant’s next-gen autonomous cars, Automotive News reported, citing a person with knowledge of the project.
The deal, if finalized, could be announced as early as the week of Jan. 4 during the Consumer Electronics Show in Las Vegas, according to the news service.
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Shares of pSivida Corp. (PSDV) are higher by nearly 43% to $5.29 in pre-market trading on Tuesday after the company today announced positive topline results from its first Phase 3 clinical trial evaluating the safety and efficacy of Medidur for the treatment of chronic noninfectious uveitis affecting the posterior of the eye (posterior uveitis).
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Alexza Pharmaceuticals Inc. (ALXA) shares spiked 43.51% to $1.26 in pre-market trading following interim results of its Phase 2a study of AZ-002 in epilepsy patients. AZ-002 produced a dose-related decrease in mean SPR, the primary endpoint in the study.
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Valeant Pharmaceuticals Int’l, Inc. (VRX) — The Canadian-based drugmaker is taking a $150 million revenue hit on its 20-year distribution deal with Walgreens Boots Alliance (WBA), according to The Wall Street Journal.
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