Dec. 13--PRNewswire/AsiaNet
PHARMACEUTICAL ALLIANCE...
RESEARCH TRIANGLE PARK: Quintiles Transnational Corp today announced a five-year global strategic alliance with Pharmacia Corporation "to provide clinical development and laboratory services to Pharmacia worldwide", a media release said. The agreement "gives Pharmacia full, global access to Quintiles' capabilities" including clinical trial services, data management and expert consultation.
COMPANY ACQUISTION...
AUSTIN: Chemical company SACHEM Inc announced today it has acquired Laporte Performance Chemicals (LPC) from Degussa AG. LPC is described as "a European market leader in the starch, catalyst, and polymer markets" and will support SACHEM's goal to provide high purity chemical products.
CORRECTION ANNOUNCEMENT...
ISSAQUAH: Applied Precision Inc today issued a press release to correct statements made previously regarding its joint venture with FormFactor in I.T. product testing. The release clarified FormFactor's relationship with Applied Precision Inc, and said, "FormFactor, Inc ... is the world's leading supplier of integrated semiconductor wafer-level test and packaging technologies and test consumable products".
INTERNET NAVIGATION...
MOUNTAIN VIEW: VeriSign, Inc today announced an agreement with J-Data Co. Ltd to "enable mobile Internet users in Japan to navigate the Internet by entering short, memorable numbers into the keypad of mobile devices such as cellular phones and personal digital assistants (PDAs)", according to a press release. J-Data Co. Ltd. will serve as a partner to VeriSign Inc to promote VeriSign's WebNum(TM) services to Japan's mobile Internet users.
MINING BID...
TORONTO: The Franco-Nevada Mining Corporation Limited today commented on Newmont Mining's bid for Normandy Mining shares. Pierre Lassonde, President and Co-Chief Executive Officer of Franco-Nevada, said: "Newmont is offering Normandy shareholders a clearly superior alternative [to AngloGold
]. The market shows that the Newmont offer affords them the greatest value, including twice the cash that AngloGold has put on the table."
SOCIAL REPORT...
SYDNEY: A new report by The Centre for Independent Studies says family dysfunction "is a fundamental cause behind a great deal of juvenile crime, youth suicide and poor school performance". The report, Family and Marriage in Australia, will be released on Thursday, 13 December 2001.
CHINESE TRADE...
HONG KONG: At today's Hong Kong 2001 China Investment Policy Seminar, senior officials from China's trade and investment departments spoke on the latest policy changes in foreign investment, venture capital management and other issues affecting development in the Western region. The Chinese Government has identified numerous laws and regulations to be revised and repealed, and a webcast of the event is available at http://tdctrade.com.
COMPANY POLL...
HONG KONG: Oil and gas company CNOOC Limited has been voted the "best managed company in China" in Asiamoney's annual poll, it was announced today. The poll was conducted by way of a questionnaire sent to fund management firms, insurance companies and brokerage houses in the Asia-Pacific region including Australia and Japan, Europe and the United States, a press release said.
INTERNET TELEPHONY...
SHANGHAI: Cisco Systems Inc "hosted a summit of leading Asia Pacific Service Providers in Shanghai over the weekend to promote the growth of VoIP (voice over Internet protocol) traffic in the region", a press release said. The summit was held in support of Cisco's Service Carrier Community program, "an initiative aimed at propelling global service providers to new levels of revenue and profitability through the use of VoIP".
TELEPHONY TECHNOLOGY...
MAHWAH: Communications technology provider RADVISION today announced that NEC has selected RADVISION's enabling technology for its Internet protocol telephony systems. NEC's IP Telephony System is "designed to increase the efficiency and productivity of communications" through network integration.
MINING DECISION...
DENVER: The Newmont Mining Corporation said today it was "pleased with the decision released by the Australian Takeovers Panel in connection with the most recent of the applications made by AngloGold Limited in response to Newmont's bid for Normandy Mining Limited". This was in response to the Takeovers Panel's recent announcement that it had "declined to accept the application by AngloGold that Newmont's proposed acquisition of Franco-Nevada Mining Corporation Limited ... would give rise to 'unacceptable circumstances'", a press statement said.
PHARMACEUTICAL ALLIANCE...
MONTREAL: MDS Pharma Services and Iconix Pharmaceuticals today announced a strategic alliance to develop a new information system for drug discovery and development, DrugMatrix TM. The system "will bring unprecedented speed and efficiency to understanding the potential safety and efficacy" of new drugs, according to a press statement.
CORPORATE REPROFILE...
DUSSELDORF: Henkel, a specialist in adhesives and surface technologies, announced today it is reprofiling its corporate identity in light of its "recent strategic redirection" to beauty and home care product brands. The company has adopted the slogan, 'Henkel - A Brand like a Friend', as part of the recasting of its corporate vision, values and design.
RESELLER AGREEMENT...
MOBILE: Accelerated Technology Inc has signed a worldwide reseller agreement with Hitachi, Ltd which will allow Accelerated Technology to "market and resell" the Hitachi SuperH Compiler Package "to developers who wish to purchase both software and hardware solutions from one vendor", a media release said. The reseller agreement "will greatly benefit those developers building such applications as ... car navigation systems, factory automation systems and digital cameras", the release said.
(AsiaNet is a consortium of leading news agencies distributing unedited, translated press releases for worldwide clients. Contact: www.asianet.com.au for full-text versions).