latest news releases from the newsroom
Biolipox Reports Rapid Relief with NLA Nasal Spray in New Clinical Trial
STOCKHOLM, Sweden, Feb. 22, 2005 (PRIMEZONE) -- Biolipox, a Swedish research-intensive pharmaceutical company in respiratory and inflammatory diseases, announced today that it has successfully completed a new clinical study, evaluating the time-to-onset of effect of its new antihistamine treatment, NLA Nasal Spray. The drug was shown to have an onset of effect within 5-10 minutes after intake. This follows the announcement in June 2004 that NLA Nasal Spray had reached the primary efficacy endpoint of a Phase IIa study in patients suffering from allergic rhinitis. These results strongly support the development of NLA Nasal Spray as on-demand treatment.
Volvo Sells Real Estate Companies to Sveafastigheter
GOTEBORG, Sweden, Feb. 22, 2005 (PRIMEZONE) -- Volvo Financial Services has through Danafjord AB, the Volvo Group's real estate company, entered into an agreement with AEVS Alfa AB, a subsidiary of Sveafastigheter, regarding the sale of all shares in two wholly owned companies which own properties located in Torslanda and Kalmar, Sweden.
Biotage acquires Argonaut Technologies Consumable Division
STOCKHOLM, Sweden, Feb. 22, 2005 (PRIMEZONE) -- Biotage acquires the Consumable Division of the U.S. company Argonaut Technologies Inc. Through the acquisition, Biotage strengthens its position in Medicinal Chemistry and gives the company a complete product portfolio of Microwave Synthesis, Cleanup and Purification Systems and Consumables, which will enable faster and more efficient development of new product candidates. The acquired division reported sales of about 100 million SEK (13-14 million USD) in 2004. The sales price amounts to about 139 million SEK (19,9 MUSD).
Astris Energi Inc.
Astris Energi Hires Investment Banker Fraser Mackenzie
MISSISSAUGA, Ontario, Feb. 21, 2005 (PRIMEZONE) -- Astris Energi Inc. (OTCBB:ASRNF), the world's leading alkaline fuel cell (AFC) technology company, announced today that it has engaged Toronto investment house Fraser Mackenzie Limited to raise private placement financing for Astris' next stage of development.
QLogic Executives to Present at Goldman Sachs Technology Investment Symposium, Feb. 23
ALISO VIEJO, Calif., Feb. 21, 2005 (PRIMEZONE) -- QLogic Corp. (Nasdaq:QLGC), the company that powers storage area networks, today announced that H.K. Desai, chairman, CEO and president, and Tony Massetti, vice president and CFO, will deliver a company presentation at the Goldman Sachs Technology Investment Symposium, Wednesday, Feb. 23, at 9 a.m. MST, at the Arizona Biltmore Resort and Spa, in Phoenix, Ariz.
The Power of a Great Joke -- Second Volume of Jokes Offers Comical Party Fodder
HUNTSVILLE, Ala., February 21, 2005 (PRIMEZONE) -- A funny joke holds the power to invigorate a boring meeting, loosen up an awkward social gathering, or bring much needed stress relief to an otherwise monotonous day. Robert W. Callaway's latest collection, Party Jokes Vol. 2 (now available through AuthorHouse), presents dozens of hilarious yarns that invite hearty belly laughs.