latest news releases from the newsroom
Tekron, Inc. Announces Application for a $30 million grant to Advance Herpetic Vaccines Against Herpes Simplex I and II, Marak's Disease, SARS and West Nile Virus
FT. LAUDERDALE, Fla., Nov. 11, 2003 (PRIMEZONE) -- Tekron, Inc. (OTCBB:TKRN) is undertaking its due diligence of Biovirus, which is proceeding forthwith. It is expected that the deal with Biovirus will close within 30 days without any foreseeable problems. Hence, it has commenced applying for a large $30 million grant over 3 years for the Canadian subsidiary of Biovirus of which Tekron will hold a 50% interest. This funding will be used to advance its research in Herpes Simplex Type 2 (genital herpes), Marak's disease as well as develop new peptide vaccines for equine and bovine herpes infections. Marak's disease in poultry is a serious economic concern. Fowl populations are severely impacted by herpes infections and since the 1980's mortality at times has reached 25% of the flock. Damage due to Marak's disease in poultry has risen from $1.6 billion worldwide to over $1 billion in the U.S alone. Current methods of disease control are the application of two vaccines and the use of naturally resistant varieties of poultry. These methods have met with limited success in controlling the disease. Biovirus is currently testing two novel peptide derived vaccines to control this debilitating disease.
December 12 set as record day for rights to Altima shares
SOLNA, Sweden, Nov. 11, 2003 (PRIMEZONE) -- NCC AB's Board of Directors has decided that December 12 will be the record day for determining whether NCC shares qualify for allotments of Altima shares. The first day of trading in Altima shares on Stockholmsborsen's O List will be December 16.
E.ON Energie chooses electronic invoices processing from ReadSoft
STOCKHOLM, Sweden, Nov. 11, 2003 (PRIMEZONE) -- The German power giant E.ON Energie AG has invested in ReadSoft's solution for electronic invoices processing, INVOICES. The software is integrated with E.ON Energie's SAP R/3 business system, with the goal of automating the processing of 350,000 supplier invoices every year.