Showing posts with label Maxygen. Show all posts
Showing posts with label Maxygen. Show all posts

Thursday, September 8, 2011

Maxygen board approves $10 million boost in stock repurchase program

Maxygen Inc. said Thursday its board of directors approved upping the company’s stock repurchase program from $10 million to $20 million.

Thursday, May 5, 2011

Maxygen swings to profit in Q1

Maxygen Inc. on Thursday reported first quarter net income of $1.5 million, or 5 cents a share, compared to a loss in the same period last year of $2 million, or 6 cents a share.

Thursday, March 17, 2011

Astellas to buy out Maxygen interest in joint venture for $76 million

Astellas Pharma Inc. will buy out Maxygen Inc.’s interest in Redwood City joint venture Perseid Therapeutics Inc. for $76 million.
Astellas and Maxygen (NASDAQ: MAXY) of Redwood City set up the joint venture in summer 2009, with Maxygen transferring substantially all of its protein pharmaceutical programs and related assets and R&D personnel to Perseid. It granted Astellas an option to to buy all of Maxygen’s ownership interest in Perseid at exercise prices that increased each quarter until Sept. 18, 2012.