ASCP Joins ACLU Lawsuit Opposing Gene Patents
The American Society for Clinical Pathology (ASCP) has joined the American Civil Liberties Union (ACLU) in a lawsuit challenging the legality of patents on human genes -- specifically, patents covering the BRCA1 and BRCA2 genes, which are associated with breast and ovarian cancer. The lawsuit was filed against the U.S. Patent and Trademark Office, Myriad Genetics, and Directors of the University of Utah Research Foundation in U.S. District Court in the Southern District of New York on May 12.

Southridge LLC Provides Funding Through Private Equity Agreement With Imaging Diagnostic Systems, Inc.
Southridge LLC ("Southridge"), an investment firm that provides financing to small-cap and micro-cap companies, is pleased to announce that its affiliated fund has closed a private agreement which can provide up to $15 million in equity financing to Imaging Diagnostic Systems, Inc. (“OTCBB: IMDS”).

Abraxis Provides Overview Of ABRAXANE Study
Results to be presented at 32nd annual San Antonio Breast Cancer Symposium