AstraZeneca , Rigel Sign Licensing Agreement

Astrazeneca-Rigel-LogoAn exclusive worldwide licensing agreement for the commercialization of fostamatinib disodium (R788) - Rigel's late-stage treatment for rheumatoid arthritis has been signed mutually by Astrazeneca and Rigel Pharmaceuticals.

The drug has completed phase 11 programme and is the oral Spleen Tyrosine Kinase inhibitor for the treatment of rheumatoid arthritis.

Pirate Bay to switch to a new business model

After the announcement of torrent site The Pirate Bay being sold to Sweden's Global Gaming Factory, which are to be list on the Swedish stock market, it has been learnt that one of the mega-popular site's co-founders, Peter Sunde, has confirmed comprehensive changes, which might result in the iconic web service switching to a new business model.

The Pirate Bay is also thinking of stopping directly hosting torrents, which are used to connect file sharers with each other.