Ibio Inc (NYSEMKT:IBIO)’s shares declined 4.63% to $0.61. Levi & Korsinsky on Dec. 15 announces that a class action lawsuit has been commenced in the United States District Court for the District of Delaware on behalf of investors who purchased iBio, Inc. securities between October 13, 2014 and October 23, 2014. The Complaint alleges that during the Class Period, the Company issued materially false and misleading statements to investors by wrongfully suggesting that the Company’s Launch platform patents and related proprietary technology would be licensed by the makers of the experimental Ebola drug, ZMapp. The Complaint alleges that when the true facts were revealed, the price of the Company’s stock fell significantly, damaging investors.

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Agios Pharmaceuticals, Inc. (NASDAQ:AGIO)’s shares dropped 1.03% to $110.09. The company on Dec. 10 announced that it has priced an underwritten public offering of 1,986,455 shares of common stock at a price to the public of $110.75 per share, before underwriting discounts, which would result in aggregate gross proceeds of approximately $220 million. All of the shares in the offering are to be sold by Agios. Agios has also granted the underwriters a 30-day option to purchase up to an additional 297,968 shares of common stock on the same terms and conditions. Closing of the offering is expected to occur on or about December 16, 2014, subject to customary closing conditions.

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Illumina, Inc. (NASDAQ:ILMN)’s shares declined 1.04% to $176.10. To help combat the Ebola epidemic in West Africa, the U.S. Agency for International Development (USAID), the Broad Institute of MIT and Harvard, and Illumina, Inc. (ILMN), on Nov. 19 announced they have entered into a public-private partnership to aid those on the ground who are fighting the spread of the virus. The partnership will train local and outbreak-deployed personnel to sequence viral genomes from the outbreak, and will extend surveillance operations. Genome sequencing of the virus is critical for genomic surveillance—tracking how the virus is moving and changing in real-time. This information may influence the development of diagnostics, vaccines, and therapies.

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