Tag Archives: lead tech

Was Celgene’s Crohn’s Disease Drug Worth The Price?

Big-cap biotech Celgene made its name as a cancer fighter, but now it’s branching out into diseases of the immune system. And one of the biggest tests of this new strategy comes this weekend. At the United European Gastroenterology Week in Vienna, which runs Saturday to Oct. 22, Celgene (CELG) is set to present phase-two data on GED-0301, a treatment for Crohn’s disease, an inflammatory disease of the GI tract. Celgene licensed the drug in April

Level 3, Zayo: Telecom Survivors In Revival Or Rut?

Level 3 Communications and Zayo Group, two telecom survivors of both the dot-com bubble and the global financial meltdown of 2008, will soon mark milestones. Level 3 (LVLT) expects to close its acquisition of TW Telecom (TWTC) this quarter, continuing its roll-up of long-distance fiber-optic networks, U.S. metropolitan assets and Internet infrastructure. After buying TW Telecom, Level 3 will stand as a stronger rival in the business market to AT&T

More Speedy Google Fiber Coming? Cox Goes Gigabit

Google’s gigabit gambit could soon rattle more of the nation’s broadband service providers. The Internet giant is expected to announce by year-end the expansion of its high-speed broadband Internet service into more U.S. markets. Google (GOOGL) has been in talks with 34 cities and suburbs in nine U.S. markets to expand its Google Fiber service, which provides Internet access at speeds of 1 gigabit per second (Gbps). That’s roughly 100 times faster