Wal-Mart to test same-day deliveries
Wal-Mart will test same-day deliveries in parts of the Bay Area for customers who buy popular items from the retailing giant's online service during the holiday shopping season.
The tests will occur in San Jose and nearby communities, parts of San Mateo County and in San Francisco, Wal-Mart spokesman Ravi Jariwala said.
"People can have them delivered to their home and to their office the same day," Jariwala said. The tests in the Bay Area will begin in early November, a few weeks before the kickoff of holiday shopping on Black Friday. Tests also are underway in Philadelphia, northern Virginia and Minneapolis.
For the tests in the Bay Area, customers will have to order something online by 7 a.m. to have it delivered that same day. Wal-Mart is already testing grocery deliveries in parts of the Bay Area. Customers will have to buy at least $45 worth of items from the Wal-Mart online site and pay a $10 delivery fee.
"Electronics, toys, computers, iPads, televisions, sporting goods and other gifts are the main items that people could order," Jariwala said. About 5,000 items will be available for same-day shipping.
Astex lands $5 million payment for drug
Dublin-based Astex Pharmaceuticals has landed a $5 million payment from Eisai for the first commercial sale in the European Union of a medicine that is used to treat certain forms of leukemia.
Astex could receive up to $12.5 million in future payments if additional milestones are achieved for the medicine, which is called Dacogen.
Dacogen has been approved for sale in 35 nations, including key markets such as the United States, Brazil, China, India, Korea, Russia and Turkey.
"Dacogen will continue to help patients around the world in the years ahead, and royalties on its sales will contribute to the funding of our prioritized development programs," Astex CEO James Manuso said.