Pharma s One-Hit Wonders (Red Herring)
Are VCs betting the farm on one horse?

Advancis Pharmaceutical Provides Update on Additional Keflex Products (PR Newswire via Yahoo! Finance)
Advancis Pharmaceutical Corporation , a pharmaceutical company focused on developing and commercializing novel anti-infective products, today announced that the U.S. Food and Drug Administration has informed the Company that its review of the supplemental New Drug Application for additional Keflex products is still ongoing.

Gen-Probe Exercises Option to Develop Novel Platform for Rapid Molecular Testing, Purchases Minority Interest in (PR Newswire via Yahoo! Finance)
Gen-Probe Incorporated has exercised its option to develop a novel nucleic acid testing platform based on Qualigen's patented, FDA-approved FastPack immunoassay system, the companies announced today.