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New Financing Round Will Fund the Development of an Innovative Dry Eye Portfolio; First Product Targeted for Approval in 2013

HEIDELBERG, Germany - Saturday, April 13th 2013

(BUSINESS WIRE/ ME NewsWire)-- Novaliq GmbH, a drug delivery company with a focus on the efficacious topical application of poorly soluble drugs, today announced the successful completion of a fifth round of financing of €13.9m ($18.1m). Since 2007, the company has raised €27.1m ($35.2m).

Financing was again secured exclusively from the investment company of SAP, co-founder Dietmar Hopp’s Dievini Hopp Bio Tech Holding GmbH & Co. KG. With the new funds, the company intends to advance its lead projects into the medical device field to approval, progress its pharmaceutical project CyclASol™ into clinical development, and extend its technology platform.

Dievini is an active investor in life and health sciences companies focusing on innovative therapeutics and diagnostics facil ... Read more »

SAN FRANCISCO - Friday, April 12th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Dolby Laboratories, Inc. (NYSE:DLB) will release financial results for the second quarter (Q2) of fiscal year 2013 after the close of regular trading on Thursday, April 25, 2013.

Members of Dolby management will lead a conference call open to all interested parties to discuss Dolby Laboratories’ Q2 fiscal 2013 financial results at 2:00 p.m. PT (5:00 p.m. ET) on Thursday, April 25, 2013.

Access to the teleconference will be available over the Internet from http://investor.dolby.com/medialist.cfm or by dialing 1-888-296-4217. International callers can access the conference call at 1-719-325-2209.

A replay of the call will be available from 5:00 p.m. PT on Thursday, April 25, 2013, until 9:00 p.m. PT on May 2, 2013, by dialing 1-877-870-5176 (international callers can access the replay by dialing 1-858-384-5517) and entering the confirmation code 3736618. An archived version of the teleconf ... Read more »

Expanding energy efficient product line of motor control microcontrollers

TOKYO - Friday, April 12th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Toshiba Corporation (TOKYO:6502) today announced that it will start to develop a new product line of embedded microcontrollers including an advanced motor control co-processor, the "Vector Engine".

In recent years, demand has grown for energy and energy efficient products. Toshiba is working on solutions to promote smart community in various areas, and semiconductors form an important part of this effort. Currently, AC motors are commonly used in consumer and industrial motor applications but there is strong demand in the market, especially in consumer products, for more energy efficient DC motors. However, efficient control of DC motors requires high-level technical skills and a more simple solution is demanded.

Toshiba was one of the first companies to introduce co-processor-based vector control (vector engine) to impro ... Read more »