latest news releases from the newsroom
Volvo and Volvo Cars hold new Volvo Baltic Race
GOTEBORG, Sweden, Dec. 8, 2003 (PRIMEZONE) -- Last summer's Volvo Baltic Race was a success in terms of the sport of sailing, public interest and media coverage. As a result, AB Volvo and Volvo Car Corporation have decided to once again be the title sponsors for the event in 2004. "The competition is an extremely important complement to the Volvo Ocean Race and reinforces Volvo's position as a long-term sponsor for the sport of sailing," said Anders Lofgren of Volvo Ocean Race.
Diamyd, Inc., and Diarect AG Settles Dispute
STOCKHOLM, Sweden, Dec. 08, 2003 (PRIMEZONE) -- In a press release of November 27, Diamyd Medical wrote that it "won" a dispute over Diarect, and that the judge had "decided" in favor of Diamyd. As recommended by Diarect, Diamyd is now modifying this wording in this corrective press release:
Ahold Sells Santa Isabel in Peru
ZAANDAM, The Netherlands, Dec. 08, 2003 (PRIMEZONE) -- Ahold today announced it has reached agreement with Grupo Interbank and a group of investors led by Nexus Group on the sale of 100% of its shares in its Peruvian operation, Supermercados Santa Isabel S.A.
Crucell Signs PER.C6(tm) Cell Line Development Service Agreement
LEIDEN, Netherlands, Dec. 08, 2003 (PRIMEZONE) -- Dutch biotechnology company Crucell N.V. (Euronext:CRXL) (Nasdaq:CRXL) announced today that it has signed a service agreement with U.S.-based Progenics Pharmaceuticals, Inc. (Nasdaq:PGNX), whereby Crucell will undertake the development of a cell line based on its proprietary PER.C6(tm) technology for the production of a recombinant protein product candidate for Progenics. Under the terms of the agreement, Crucell will receive payments on reaching agreed milestones outlined in the PER.C6(tm) cell line development program. Further financial details were not disclosed.
Tripos and Biovitrum Announce Successful Chemistry Partnership Results and new Informatics Research Collaboration
STOCKHOLM, Sweden and ST. LOUIS, Dec. 08, 2003 (PRIMEZONE) -- Tripos, Inc. (Nasdaq:TRPS) and the Swedish biotech company Biovitrum today announced positive results from the companies' discovery research partnership. In less than three months, Tripos successfully designed and synthesized a lead series for one of Biovitrum's high-priority projects. The companies have also entered into a new collaborative software research program to develop improved tools for drug discovery. Tripos is a leading provider of drug discovery chemistry and informatics products, and Biovitrum is one of Europe's largest biotechnology companies active in the research and development of small molecule drugs and recombinant protein drugs
Korsnas Restructures Ownership of Forestry Assets
STOCKHOLM, Sweden, Dec. 08, 2003 (PRIMEZONE) -- Industriforvaltnings AB Kinnevik today announced that the Board of Directors has approved a plan to restructure the ownership of Korsnas' forestry assets in Sweden. The Swedish forestry assets of Korsnas and Stora Enso will be combined in a new company, which will be called Bergvik Skog AB.
Brower Piven, A Professional Corporation
Notice of Filing Securities Class Action Against Friedman's, Inc., Victor M. Suglia, Bradley J. Stinn, Sterling B. Brinkley and Douglas Anderson
BALTIMORE, Dec. 5, 2003 -- (PRIMEZONE) Law Offices Of Charles J. Piven, P.A. today announced that a securities class action has been commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of Friedman's, Inc. (NYSE:FRM) between January 26, 2000 and November 11, 2003, inclusive (the "Class Period").