Baby Breaker Birth Announcements

Recs

0

Welcome back to Baby Breakerdom! This week we find one company playing tag, a strange reversal in the biotech world, and chaperones for your genes.

This week's top story comes from the fast-paced world of RFID, otherwise known as radio frequency identification. Thursday brought news of potential Baby Breaker Vue Technology, which previously operated as a division of packaging firm MeadWestvaco (NYSE: MWV) before it was spun off as an independent business. Vue's products are aimed at lowering the cost of RFID readers, tags, and software for tracking individual items in a retail setting. Its current customers include electronics retailer Best Buy (NYSE: BBY) and the CVS (NYSE: CVS) pharmacy chain, according to VentureWire.

On Wednesday, privately held EpiCept, which VentureWire says withdrew an IPO filing in May, agreed to acquireMaxim Pharmaceuticals (Nasdaq: MAXM) for roughly $136 million in stock. According to the press release, the merger helps each company diversify. But VentureWire reports that it gives more runway for Maxim's cancer treatment drug, Ceplene, which is vying for acceptance in Europe.

And, finally, this morning VentureWire reported that Amicus Therapeutics received $55 million to develop -- wait for it -- chaperones. It seems the company's therapies help mutant proteins that cause genetic diseases fold into their normal three-dimensional conformation, thereby restoring normal cellular function (hence the friendly moniker). Current trials are focused on treatment for Fabry disease, which causes pain, heart disease, kidney disease, and skin problems. Successful completion could generate demand for therapies aimed at higher-profile genetic ailments.

Once again, there's nothing new to report in public offerings. But, as always, we'll keep looking. See you back here next week.

For more Rule Breaking Foolishness:

  • Want the inside dish on RFID? Fellow Fool Rick Munarriz has it for you.
  • Need a blueprint for biotech profits? We've got one right here.
  • David Gardner holds the secret to Rule Breaker investing. Find out what it is.

Netflix. Marvel. AOL. Starbucks. Find out how David Gardner landed these and other multibaggers by taking a risk-free trial to Motley Fool Rule Breakers today. Your portfolio will thank you.

Fool contributor Tim Beyers oddly never had a chaperone while growing up. Is it too late? Tim owned stock in none of the companies mentioned in this story at the time of publication. You can find out what's in his portfolio by checking Tim's Fool profile, which is here . Best Buy is a Motley Fool Stock Advisor recommendation. The Motley Fool has an ironcladdisclosure policy.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 496031, ~/Articles/ArticleHandler.aspx, 11/30/2009 9:08:29 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

The Must-Read Story on Fool.com
The Public Health-Care Plan's Problem

Related Tickers

11/30/2009 4:00 PM
BBY $42.83 Down +0.00 +0.00%
Best Buy Co., Inc. CAPS Rating: ***
CVS $31.01 Down -0.19 -0.61%
CVS Caremark Corp CAPS Rating: ****
MWV $27.37 Up +0.91 +3.44%
MeadWestvaco Corp. CAPS Rating: **

Community: Investing Wiki

Term Of The Hour

Law of supply and demand: In economics, the law of supply and demand is an economic model that states the equilibrium price and quantity of a product is at the intersection of the consumers demand and the producers supply.

Want to learn more or edit this definition?
Click here to read more!