latest news releases from the newsroom
Astex Discovers Novel Form of a Key Protein Implicated in Diabetes and Obesity
CAMBRIDGE, U.K., June 12, 2003 (PRIMEZONE) -- Astex Technology, the fragment-based drug discovery company, today announced that its scientists have made a major discovery relating to a key protein implicated in diabetes and obesity. The work describes a novel form of Protein Tyrosine Phosphatase 1B (PTP1B) and is reported in the latest edition of the leading science journal Nature (1). Astex scientists used the Company's proprietary structural biology technologies to determine the three-dimensional shape of a novel form of PTP1B that may have major implications for its biological function and role in disease.
EQT Divests TAC to Schneider Electric
STOCKHOLM, Sweden, June 12, 2003 (PRIMEZONE) -- EQT has signed an agreement with Schneider Electric to divest TAC. Schneider Electric will pay approximately four billion SEK for TAC on a cash and debt free basis. Completion of the transaction is subject to approval from the relevant competition authorities.
Compulsory Acquisition of Biora AB Ordinary Shares
STOCKHOLM, Sweden, June 12, 2003 (PRIMEZONE) -- Straumann AG Holdings ("Straumann") has announced that it has acquired approximately 91 percent of the Ordinary Shares of Biora AB pursuant to its public offer. Straumann has called for the compulsory acquisition of the remaining outstanding Biora Ordinary Shares. Accordingly, the Biora Board has decided to refer the compulsory acquisition matter to an arbitration board. The Board of Biora has also decided to submit an application for de-listing Biora's Ordinary Shares from the "O-list" of the Stockholm Stock Exchange ("SSE"). Information regarding the last trading day for Biora's Ordinary Shares on the SSE will be announced at a later date.
Tele2 Signs MVNO Agreement in Finland
STOCKHOLM, Sweden and NEW YORK, June 12, 2003 (PRIMEZONE) -- Tele2 AB ("Tele2", "the Group") (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholmsborsen:TEL2A) (Stockholmsborsen:TEL2B), the leading alternative pan-European telecommunications company, today announced that it has signed an MVNO agreement with Radiolinja Origo, the number two GSM operator in Finland, with a market share of 30%.