latest news releases from the newsroom
Petroleum Geo-Services ASA
PGS to Convert 4C Crew to Streamer Vessel Operations
OSLO, Norway, Sept. 6, 2005 (PRIMEZONE) -- Petroleum Geo-Services ASA ("PGS" or the "Company") (OSE:PGS) (NYSE:PGS) announced today that it has decided to convert its current 4C Ocean Bottom Crew operation, including the vessels Ocean Explorer and Falcon, to towed streamer vessels. The third vessel used in this operation, Bergen Surveyor, is on a short term lease and will be returned to its owners. The conversion is expected to start around year end 2005. No personnel reductions are expected.
First Patient Treated in Extended Phase I Trial of Antisoma's AS1411
LONDON, Sept. 6, 2005 (PRIMEZONE) -- Cancer drug developer Antisoma (LSE:ASM) announces that it has reopened a U.S. phase I trial of its aptamer drug AS1411 following the presentation of promising data at this year's American Society of Clinical Oncology meeting. The study is now enrolling patients with renal and non-small cell lung cancers. Signs of anti-cancer activity were seen in all of the three renal cancer patients included in the original trial, and Antisoma has recently been granted U.S. orphan drug status for AS1411 in renal cancer.
MorphoSys Starts New Antibody Program With Centocor
MARTINSRIED, Germany, Sept. 6, 2005 (PRIMEZONE) -- MorphoSys AG (Frankfurt: MOR; Prime Standard Segment, TecDAX), today announced that within the scope of its collaboration with Centocor Inc., a Johnson & Johnson company, Centocor has elected a new target molecule involved in immune-mediated and inflammatory diseases, against which MorphoSys will generate antibodies using its proprietary HuCAL GOLD(R) technology. Centocor will carry out pre-clinical and clinical development and subsequent marketing of resulting products. In exchange, MorphoSys stands to receive licensing and milestone payments, in addition to royalties. Financial terms were not disclosed.
Allied Energy Inc
Allied Energy, FloodSmart Merger Completed
HOUSTON, Sept. 6, 2005 (PRIMEZONE) -- Allied Energy Corporation (Pink Sheets:ALNG) ("Allied") and FloodSmart, Inc. ("FloodSmart"), a pioneer in the field of flood remediation solutions utilizing proprietary techniques and new technologies, today announced that the merger between FloodSmart(tm) and Allied has been finalized.
Photo Release -- Noah's Wish Rescues Over 400 Pets In Slidell, LA
SLIDELL, La., Sept. 5, 2005 (PRIMEZONE) -- Noah's Wish, a not-for-profit organization that works exclusively to rescue and shelter animals in disasters, has rescued over 400 animals from evacuated homes in Slidell, Louisiana. The pets are being housed at a temporary animal shelter and Noah's Wish is working with Slidell Animal Control to save hundreds more abandoned and stranded pets in the city of Slidell.