New York, NY -- (ReleaseWire) -- 02/26/2013 --Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of purchasers of the securities of Affymax, Inc. (NASDAQ:AFFY) concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by Affymax were false and misleading regarding the Company’s business and financial prospects.

The investigation is related to a February 23, 2013 joint announcement, issued by Affymax and Japan-based Takeda Pharmaceutical Company Limited (Takeda), of a nationwide voluntary recall of OMONTYS (peginesatide) Injection.

Affymax, Inc., a biopharmaceutical company, engages in the development of drugs for the treatment of serious and life-threatening conditions in the United States.

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Altera Corporation and Intel Corporation (NASDAQ: INTC) announced that the companies have entered into an agreement for the future manufacture of Altera FPGAs on Intel's 14 nm tri-gate transistor technology. These next-generation products, which target ultra high-performance systems for military, wireline communications, cloud networking, and compute and storage applications, will enable breakthrough levels of performance and power efficiencies not otherwise possible.

"We look forward to collaborating with Altera on manufacturing leading-edge FPGAs, leveraging Intel's leadership in process technology," said Brian Krzanich, chief operating officer, Intel.

Intel (INTC) is a world leader in computing innovation.

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