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Medical Nutrition USA Inc ( MDNU ) |
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Healthcare
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Written by Editor
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Friday, 11 June 2010 09:28 |
Danone to Acquire Medical Nutrition USA, Inc.
Medical Nutrition USA, Inc. (NASDAQ:MDNU ) (and referred to herein as "MNI"), a developer and distributor of nutrition-medicine products, today announced that it has entered into a definitive merger agreement with Danone North America, Inc. ("Danone"), under which Danone will acquire all the outstanding shares of MNI for $4.00 per share in cash, in a transaction valued at approximately $62.3 million.
Under the terms of the merger agreement, a wholly owned subsidiary of Danone will merge into MNI, with MNI as the surviving corporation, and each outstanding share of common stock of MNI (other than dissenting shares) will be converted into the right to receive $4.00 per share, in cash. This price represents a premium of 44% over the closing share price of MNI's common stock on June 10, 2010.
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EnWave Corporation ( ENW ) |
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Healthcare
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Written by Editor
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Thursday, 24 September 2009 10:32 |
EnWave Announces Successful Test Results For Antibodies Using freezeREV Dehydration Technology
EnWave Corporation (TSX VENTURE: ENW.V) ("EnWave" or "the Company") today announced that it has successfully dried three different antibodies in the Company's prototype freezeREV vial dehydration technology. Results from this study showed no detectable visual difference between freezeREV-dried and freeze dried samples when examined with the SDS-PAGE electrophoresis method. Additionally, the indication of the molecular weight was similar between the two dried samples and liquid antibodies. Freeze drying, or lyophilization, is the current industry standard for dehydrating live or active organisms such as antibodies.
Freeze drying can be particularly harsh on sensitive materials such as antibodies because of the length of time the organisms are exposed to extremely low temperatures.
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Tiens Biotech Group (USA) Inc ( TBV ) |
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Healthcare
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Written by Editor
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Tuesday, 31 March 2009 10:02 |
Tiens Biotech Group (USA) Reports Record Twelve-Month Results
Tiens Biotech Group (USA), Inc. (the "Company" or "Tiens", NYSE AlternextUS: TBV), http://www.tiens-bio.com , today announced record financial results for the twelve months ended December 31, 2008.
For the twelve months ended December 31, 2008, revenue was $77.2 million, an increase of 40.7% compared to $54.9 million for the twelve months ended December 31, 2007.
Net income for the twelve months ended December 31, 2008 was $27.7 million, or $0.39 per share, compared to $17.9 million, or $0.25 per share for the twelve months ended December 31, 2007.
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Neptune Technologies & Biores. ( NTB / NEPT ) |
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Healthcare
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Written by Editor
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Thursday, 19 February 2009 11:11 |
NOVEL FOOD and PARNUTS approval granted for NKO(R) opens the 2nd largest nutraceutical market for Neptune
Neptune Technologies & Bioressources Inc. ("Neptune") (NASDAQ.NEPT - TSX.V.NTB) is pleased to announce today that the European Food Safety Association (EFSA) has approved Neptune Krill Oil (NKO(R)) as a NOVEL FOOD and PARNUTS for commercialization in the European Union.
NKO(R) has successfully passed rigorous regulatory review and scrutiny by all member states of the European Union (EU), which approved NKO(R) as a NOVEL FOOD and PARNUTS allowing its immediate commercialization at a clinically proven effective daily dose in all 27 European countries.
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CV Technologies Inc ( CVQ ) |
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Healthcare
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Written by Editor
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Monday, 12 January 2009 13:43 |
CV Technologies Announces Strong Return to Profitability and Double Digit Revenue Growth in Fiscal 2008
CV Technologies Inc. (TSX:CVQ) today announced that revenue for the fiscal year ended September 30, 2008 rose 17.5% to $49.4 million from $42.0 million in fiscal 2007. Net earnings increased to $4.6 million ($0.04 per common share) in fiscal 2008, a $14.4 million improvement from the fiscal 2007 net loss of $9.8 million ($0.09 loss per common share).
"CV Technologies achieved its growth and profitability goals for fiscal 2008, including its publicly stated objective of achieving a double digit sales increase," said Executive Chairman Jack Moffatt. "In fact, we have achieved our key goals in the 12 months since adopting our five-year strategic business plan that addresses all aspects of our business.
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