latest news releases from the newsroom
Women First HealthCare, Inc.
Women First HealthCare's Estrogen Patch Selected by AdvancePCS to Its Highest Priority Drug List; 75+ Million Member Organization Will Support Women First HealthCare in Promoting Esclim
SAN DIEGO, Calif., Sept. 4, 2001 (PRIMEZONE) -- Women First
HealthCare, Inc. (Nasdaq:WFHC) today announced that its estrogen
patch, Esclim(tm), will be added by AdvancePCS (Nasdaq:ADVP) to its
Performance Drug List (PDL) for at least a one-year listing
effective January 1, 2002. The PDL, which is a guide to excellent
values within specific therapeutic categories for clients and their
members, helps physicians identify products that maximize clinical
results and economic value. With the listing, Women First will join
one other company and three other products in the AdvancePCS
transdermal hormone replacement category, a segment with an
estimated $50 million in annual sales. Women First expects the
listing, with promotional support from AdvancePCS, to continue to
increase revenue opportunities for Esclim(tm) by impacting
physician prescribing habits and product pull-through.
Metso's Offer for Svedala Near Completion - No Further Extensions
HELSINKI, Finland, Sept. 4, 2001 (PRIMEZONE) -- The process to obtain clearance from the US Federal Trade Commission (FTC) for Metso Corporation's (NYSE:MX) offer for Svedala Industri AB is near completion. Metso has agreed to the terms of the consent decree with the staff at the FTC, and the consent decree has been submitted to the Federal Trade Commissioners for approval. Metso believes that the approval will be forthcoming before the end of this week. In order to end the bid process as soon as possible, Metso does not intend to extend the offer further. The last day of the acceptance period is therefore Friday, September 7, 2001 and Svedala shareholders should tender their shares no later than that day in order to accept Metso's conditional offer and otherwise as detailed in the offer document dated July 7, 2000.
Roxen Internet Software AB
Roxen Internet Software Acquires Spectral
STOCKHOLM, Sweden, Sept. 4, 2001 (PRIMEZONE) -- Roxen Internet Software (SSE:ROX) today announced that it is acquiring the product rights and customer base of Web Content Management (WCM) vendor Spectral in an equity deal. Spectral is a former competitor currently in bankruptcy. Key employees have been offered positions at Roxen IS, and accepted. They will continue to serve their customers and maintain the product from their new company, as the staff and the product are being integrated in Roxen's organization and product structure. The product, Spectral IntraWise, is renamed Roxen IntraWise.