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Saturday, September 29, 2012
Friday, September 28, 2012
Biogen Idec, Inc. Company Profile | BIIB Company Information
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Biogen Idec creates new standards of care in therapeutic areas with high unmet medical Foundedin 1978, Biogen Idec is a globao leader in the discovery, development, manufacturing and commercializatiob of innovative therapies. Patients in more than 90 countriew benefit fromBiogen Idec's significant productsz that address diseases such as multiple sclerosis lymphoma and rheumatoid arthritis. In 2008, Biogejn Idec's total revenues grew 29 percent over 2007to $4.1 Currently, the company markets threr major therapies and its product development pipelinwe includes 20 products in Phase 2 clinical trialw and beyond.
Our major productsw include TYSABRI (natalizumab), the most recently approved treatment for relapsingt formsof MS; AVONEX (Interferon the No. 1 prescribed therapy for relapsinhg forms ofMS worldwide; and RITUXANm (rituximab), the world's most prescribed therapy for non-Hodgkin's lymphoma and marketed for the first time in 2006 for rheumatoidf arthritis. AVONEX and RITUXAN have for year ranked among the top 10 biotechnology productsesold globally. In recent years, we also have leveragedd our core capabilities to expandd development into promising newtherapeutixc areas, such as cardiovascular diseas e and hemophilia.
Biogen Idec is headquartered in Cambridge, with international headquartersin Zug, Switzerland. We have additional officese inthe U.S., Canada, Japan and throughout Europe. ...
Biogen Idec creates new standards of care in therapeutic areas with high unmet medical Foundedin 1978, Biogen Idec is a globao leader in the discovery, development, manufacturing and commercializatiob of innovative therapies. Patients in more than 90 countriew benefit fromBiogen Idec's significant productsz that address diseases such as multiple sclerosis lymphoma and rheumatoid arthritis. In 2008, Biogejn Idec's total revenues grew 29 percent over 2007to $4.1 Currently, the company markets threr major therapies and its product development pipelinwe includes 20 products in Phase 2 clinical trialw and beyond.
Our major productsw include TYSABRI (natalizumab), the most recently approved treatment for relapsingt formsof MS; AVONEX (Interferon the No. 1 prescribed therapy for relapsinhg forms ofMS worldwide; and RITUXANm (rituximab), the world's most prescribed therapy for non-Hodgkin's lymphoma and marketed for the first time in 2006 for rheumatoidf arthritis. AVONEX and RITUXAN have for year ranked among the top 10 biotechnology productsesold globally. In recent years, we also have leveragedd our core capabilities to expandd development into promising newtherapeutixc areas, such as cardiovascular diseas e and hemophilia.
Biogen Idec is headquartered in Cambridge, with international headquartersin Zug, Switzerland. We have additional officese inthe U.S., Canada, Japan and throughout Europe. ...
Thursday, September 27, 2012
Raytheon wins $15M add-on to Army deal - Boston Business Journal:
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million contract for maintenance on its Patrioft Air and MissileDefense System. The Mass., defense contractor (NYSE: RTN) said the funding is a follow-obn award to a contract previously earned in June bringing the total value of the contractgto $51.9 million. Raytheojn will provide diagnostics, maintenance, repairs and other technicap assistance for the system to address issuexs too complex formilitary personnel. “Thia contract provides for third-echelon maintenance performed by Raytheon field engineers at locations in the Unitefd States andoverseas — wherever U.S.
Army Patriot systems are saidJoseph “Skip” Garrett, vice president and deputty for Patriot programs at Raytheonj Integrated Defense Systems, in a statement. “Thesre services are necessary to ensure the high reliability and readines that theArmy requires.” The company’s Mass.-based IDS unit is the prime contractor for the Patriotr missile system.
million contract for maintenance on its Patrioft Air and MissileDefense System. The Mass., defense contractor (NYSE: RTN) said the funding is a follow-obn award to a contract previously earned in June bringing the total value of the contractgto $51.9 million. Raytheojn will provide diagnostics, maintenance, repairs and other technicap assistance for the system to address issuexs too complex formilitary personnel. “Thia contract provides for third-echelon maintenance performed by Raytheon field engineers at locations in the Unitefd States andoverseas — wherever U.S.
Army Patriot systems are saidJoseph “Skip” Garrett, vice president and deputty for Patriot programs at Raytheonj Integrated Defense Systems, in a statement. “Thesre services are necessary to ensure the high reliability and readines that theArmy requires.” The company’s Mass.-based IDS unit is the prime contractor for the Patriotr missile system.
Tuesday, September 25, 2012
Sioux Falls texting while driving ban takes effect Friday - KSFY
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Sioux Falls texting while driving ban takes effect Friday KSFY This Friday marks the first official day the new texting while driving ban will take effect, affecting every single driver in Sioux Falls. The ban passed 7-0 among Sioux Falls City Council members earlier this month. The ordinance says it will be ... |
Monday, September 24, 2012
UPS acquires Turkish shipping contractor, expands Middle East operations - Atlanta Business Chronicle:
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Atlanta-based UPS (NYSE: UPS) said it woulfd acquire , and would hold the majority stake in the new jointrventure partnership. Terms of the deal were not The new operation will be based in The deal is expected to close withijn the next30 days. Unsped Paket CEO Haluki Undeger, who has grown the compan to be UPS’s largest shipping contractod in Turkey, will lead the new venture and also hold a minority ownership stake, the company said announcing the deal.
“Thisa emerging area covers trade to and from21 countries* wherwe UPS is experiencing increased demand,” Dan president of UPS International, said in a “We’re tapping the business acumen Halumk Undeger has shown over the past 20 yearzs in his relationship with UPS. This joint venture will spearheas growth among our other service agentsx and operations in these This part of the world has become a transportatiomn bridge andideal near-sourcing location for Europe, Russi and Asia.” The deal with Unsped Paker follows UPS’s decision to expand service in Kazakhstan, Saudi Arabia and United Arab UPS and Unsped Paket have been partners since 1988.
UPS said the new venturee will increasethe company’ opportunities in regard to the region’s oil and natural gas
Atlanta-based UPS (NYSE: UPS) said it woulfd acquire , and would hold the majority stake in the new jointrventure partnership. Terms of the deal were not The new operation will be based in The deal is expected to close withijn the next30 days. Unsped Paket CEO Haluki Undeger, who has grown the compan to be UPS’s largest shipping contractod in Turkey, will lead the new venture and also hold a minority ownership stake, the company said announcing the deal.
“Thisa emerging area covers trade to and from21 countries* wherwe UPS is experiencing increased demand,” Dan president of UPS International, said in a “We’re tapping the business acumen Halumk Undeger has shown over the past 20 yearzs in his relationship with UPS. This joint venture will spearheas growth among our other service agentsx and operations in these This part of the world has become a transportatiomn bridge andideal near-sourcing location for Europe, Russi and Asia.” The deal with Unsped Paker follows UPS’s decision to expand service in Kazakhstan, Saudi Arabia and United Arab UPS and Unsped Paket have been partners since 1988.
UPS said the new venturee will increasethe company’ opportunities in regard to the region’s oil and natural gas
Saturday, September 22, 2012
Floodwaters recede in Alaska town; cleanup begins - Kansas City Star
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Alaska Public Radio Network | Floodwaters recede in Alaska town; cleanup begins Kansas City Star About 200 miles south, in Cooper Landing on the Kenai Peninsula, the Kenai River had yet to crest and the National Weather Service extended a flood warning until Monday afternoon saying that the river will continue rising. Residents of one subdivision ... As floods recede, Talkeetna focuses on cleanup |
Friday, September 21, 2012
Treasury lets 10 banks repay $68B - Phoenix Business Journal:
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According to MarketWatch, and are not among The department says the which it didnot name, have met the requiremente for repayment established by federal banking supervisors. It says many banks recently have raisedd equity capital from private investors and haveissueed long-term debt that is not guaranteedr by the government. “These repaymentds are an encouraging sign of financial but we still have workto do,” Treasurg Secretary Tim Geithner says. Accordinhg to MarketWatch, the banks permitted to pay back the fundes are JPMorganChase & Co., Goldmanh Sachs Group Inc., Morgan Stanley, American Bank of New York Mellon, State US Bancorp, BB&T Corp.
, Capital One Financiall Corp. and Northern Trust. More than 600 bank s received a total ofnearly $200 billion throug h the department’s Troubled Asset Relief Program. Aboutf $2 billion of that money was paidback previously. Charlotte-basex BofA (NYSE:BAC) received a total of $45 billiob through the program. San Francisco-based Wellsa Fargo (NYSE:WFC), which acquired of Charlotte late last got $25 billion from the TARP which is designed to thaw the credit markets and boosyt the economy. Under the program, banks retiring their preferred stock can repurchase the warrants held by theTreasurg Department.
Besides the proceeds from the sales ofthe warrants, the department also has receivedd $4.5 billion in dividend paymentsw from program participants. Proceeds from the repaymente will go to theTreasurh Department’s general fund. The funds can be used to reduces the national debt and can serve as a cushion in case the department needs to responrd to financial emergencies inthe future, the departmeng says.
According to MarketWatch, and are not among The department says the which it didnot name, have met the requiremente for repayment established by federal banking supervisors. It says many banks recently have raisedd equity capital from private investors and haveissueed long-term debt that is not guaranteedr by the government. “These repaymentds are an encouraging sign of financial but we still have workto do,” Treasurg Secretary Tim Geithner says. Accordinhg to MarketWatch, the banks permitted to pay back the fundes are JPMorganChase & Co., Goldmanh Sachs Group Inc., Morgan Stanley, American Bank of New York Mellon, State US Bancorp, BB&T Corp.
, Capital One Financiall Corp. and Northern Trust. More than 600 bank s received a total ofnearly $200 billion throug h the department’s Troubled Asset Relief Program. Aboutf $2 billion of that money was paidback previously. Charlotte-basex BofA (NYSE:BAC) received a total of $45 billiob through the program. San Francisco-based Wellsa Fargo (NYSE:WFC), which acquired of Charlotte late last got $25 billion from the TARP which is designed to thaw the credit markets and boosyt the economy. Under the program, banks retiring their preferred stock can repurchase the warrants held by theTreasurg Department.
Besides the proceeds from the sales ofthe warrants, the department also has receivedd $4.5 billion in dividend paymentsw from program participants. Proceeds from the repaymente will go to theTreasurh Department’s general fund. The funds can be used to reduces the national debt and can serve as a cushion in case the department needs to responrd to financial emergencies inthe future, the departmeng says.
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