Alza Corp. says it is eliminating approximately 600 jobs in drug research, development and support by year's end.

Matritech Inc., a marketer and developer of protein-based diagnostic products for the early detection of cancer, reported a 17 percent increase in revenue on wider net losses for the second quarter, the company said on Tuesday.

A division of the National Institutes of Health has granted Juvaris BioTherapeutics Inc. $9 million over 5-years to research ways to improve the effectiveness of flu vaccines.

The Institute of Human Virology, a University of Maryland research center, received a $15 million grant Tuesday from the Bill & Melinda Gates Foundation to further its AIDS research and drug development.

A 108,500-square-foot South San Francisco building developed by Chamberlin Associates and 100 percent leased to Irish drug company Elan Corp. won a $46.5 million construction and mini-perm credit facility from Bank of the West.