Market Report -- In Play ()

November 9, 2009 7:27 AM ET

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Related topics: Movers

On The Wires Advanta Corp. (ADVNB; ADVNA) announced that it filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code... EpiCept Corporation (EPCT) announced that Health Canada has accepted for review the Company's New Drug Submission for Ceplene (histamine dihydrochloride) for the remission maintenance of acute myeloid leukemia patients in first complete remission. Health Canada's performance target for the completion of review and a decision is within 300 days... Technip (TKPPY) has been awarded a lump sum contract by ENI US Operating for the Appaloosa development project in the Gulf of Mexico. This project consists of the tie-back of the Appaloosa well located in Mississippi Canyon, 145 nautical miles (268 kilometers) offshore Mobile, Alabama at a water depth of approximately 2,825 feet (860 meters), to the Corral platform... Evotec AG (EVTC) announced that it has extended the research collaboration with Boehringer Ingelheim for a further 4 years. The collaboration has been extended on two previous occasions. At the same time, based on the success to date in the areas of CNS, inflammation, cardiometabolic and respiratory diseases the scope of the collaboration has been expanded to also include oncology targets. Over the term of the extension Evotec will receive research funding of around EUR 15 million plus success milestones and royalties... Cellcom Israel Ltd. (CEL) announced the dismissal of a purported class action filed against the Company in May 2009, in the District Court of Tel-Aviv-Jaffa, by two plaintiffs alleging to be the Company's subscribers, in connection with allegations that the Company unlawfully charged its subscribers for cellular internet "surfing packages" without obtaining their consent. The motion for certification as a class action was dismissed without prejudice and the lawsuit was dismissed with prejudice, at the plaintiffs' request. Had the lawsuit been certified as a class action, the total amount claimed from the Company was estimated by the plaintiffs to be ~NIS 1.2 billion.

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