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Novartis buys remaining rights to GSK treatment in deal up to $1 billion

2015-08-21 09:12:45| Biotech - Topix.net

Swiss drugmaker Novartis said on Friday it had agreed to buy all remaining rights to Ofatumumab, which is being developed for relapsing remitting multiple sclerosis and other autoimmune indications, from Britain's GlaxoSmithKline. Basel-based Novartis will make an initial upfront payment of $300 million to GSK for the acquisition of the compound and a further $200 million payable following the start of a phase III study in MS by Novartis.

Tags: to rights treatment deal

 

GE Signs Its Largest Battery Energy Storage Deal to Date GE to Build...

2015-08-21 01:14:53| Energy - Topix.net

Continuing its mission to deliver comprehensive energy storage solutions, GE announced it will provide Coachella Energy Storage Partners with a 30-MW battery energy storage system as part of CESP's supply contract with the Imperial Irrigation District . Representing GE's largest energy storage project to date, the plant will be located in California's Imperial Valley, approximately 100 miles east of San Diego.

Tags: to date build energy

 
 

China devaluation: what's the big deal?

2015-08-20 19:21:00| Daily apparel & textile news and comment - from just-style.com

Why the fuss about China's yuan devaluation earlier this month? While pretty trivial by the standards of the past 50 years, it has managed to raise all sorts of hackles, writes Mike Flanagan.

Tags: big china deal

 

Russian brewers issue warning after plastic bottle deal

2015-08-20 16:41:00| Daily beverage news and comment - from just-drinks.com

Brewers in Russia are to scrap their 1.5-litre PET bottle lines despite warning the move will drive consumers to illegal alcohol.

Tags: issue deal russian warning

 

NOAA Signs First U.S. Government Deal With SES For O3b High Throughput Solution

2015-08-20 03:40:00| fiberopticsonline News Articles

Global satellite solutions provider SES Government Solutions (SES GS) has agreed to a one year contract with the National Oceanic and Atmospheric Agency (NOAA) to provide O3b Networks’ services and ground equipment to the National Weather Service Office (WSO) in Pago Pago, American Samoa

Tags: high government solution deal

 

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