AsiaNet Daily Summary - Press Releases for Monday July 11, 2005

ข่าวต่างประเทศ Monday July 11, 2005 17:54 —Asianet Press Release

SYDNEY, July 11--AsiaNet/InfoQuest SOYBEAN PLANT... WHITE PLAINS: Bunge Limited has announced that it has agreedto purchase a controlling interest in an integrated soybeancrushing and refining plant in the port city of Rizhao,Shandong Province, China, from Sanwei Group Ltd. The plant,Bunge's first in the country, will link Bunge directly tocustomers in the expanding soybean meal and oil markets in theShandong region. http://www.bunge.com ABBOTT STATEMENT... SAO PAULO: Abbott has announced that it achieved its goalsin negotiating an agreement with the government of Brazilregarding Kaletra (lopinavir/ritonavir), the leading proteaseinhibitor. The agreement accomplishes Abbott's objectives ofhelping Brazil expand patient access to Kaletra whilepreserving the company's intellectual property rights, whichAbbott was not willing to negotiate. http://www.abbott.com http://www.kaletra.com UPGRADED RATING... RIO DE JANEIRO: Companhia Vale do Rio Doce informs thatMoody's Investors Service (Moody's), one of the largest andmost prestigious rating agencies in the world, has announcedits decision to upgrade CVRD's foreign currency rating from Ba1to Baa3. According to Moody's rating scale, Baa3 qualifies theCompany as a moderate credit risk issuer, without speculativeelements, corresponding to investment grade. http://www.cvrd.com.br FANNIE MAE... WASHINGTON, D.C.: Fannie Mae will redeem the principalamount of MTN securities issues amounting to a total of US$335million on July 18, 19 and 20, 2005 at a redemption price equalto 100 per cent of the principal amount redeemed plus accruedinterest. Fannie Mae will also redeem the principal amount ofUBEN securities issues amounting to a total of US$2 billion onJuly 18, 2005 at a redemption price equal to 100 per cent ofthe principal amount redeemed plus accrued interest. http://www.fanniemae.com PANACEA PHARMACEUTICALS... GAITHERSBURG: Panacea Pharmaceuticals, Inc., a companyfocused on developing therapeutic and diagnostic products forcancer, has announced that it has closed its Series C PrivatePlacement raising approximately $7 million. Participants in theround included Mitsubishi Corporation Life Sciences Venture,Olympus, JSR, Shin-Etsu Chemical, Fuji Photo Film, Dai NipponPrinting and Tokio Marine & Nichido Fire Insurance, amongothers. http://www.panaceapharma.com http://www.CosmosAlliance.com (AsiaNet is a consortium of leading news agenciesdistributing unedited, translated news releases for worldwideclients. Visit www.asianetnews.net for full-text versions.)

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