| Zurich Market Talk - 13-10-2011 |
| 13.10.11 08:02 | |
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Roche: In the first nine months of 2011 Group sales at constant exchange rates(2) increased by 2% (-12% in Swiss francs, +7% in US dollars); this is excluding Tamiflu sales, which as expected were significantly lower than in the previous year. Group sales overall were stable (-13% in Swiss francs; +6% in US dollars) at 31.5 billion Swiss francs. Sales performance in both the Pharmaceuticals and the Diagnostics Division reflects the strength of the Group’s business, as well as the impact of the strong appreciation of the Swiss franc against all currencies relevant for Roche. Link: Click Here Julius Baer Group Ltd. (VX: BAER) and Macquarie Group Ltd. (Macquarie, ASX: MQG) today announced they had entered into a strategic collaboration agreement. Julius Baer is the leading Swiss private banking group and Macquarie is a global financial services institution headquartered in the Asia Pacific. The agreement is based on future private and investment banking opportunities in North and South East Asia. Link: Click Here Straumann launches innovative 'nano' material for tooth restorations and presents new-generation small-diameter tissue-level implant at EAO. New class of tooth restoration material made of Resin Nano Ceramic (RNC) designed for brilliant esthetics, optimum durability, shock absorption and handling. New-generation small-diameter soft tissue-level implant. Link: Click Here Galenica: Injectafer NDA submitted to the US Food and Drug Administration. Galenica is very pleased that its US partner Luitpold Pharmaceuticals, Inc. has submitted a New Drug Application (NDA) with the US Food and Drug Administration (FDA) for Injectafer (US brand name of Ferinject , ferric carboxymaltose) for the treatment of iron deficiency anaemia. The NDA includes data and information from two new large randomized controlled clinical trials investigating the cardiovascular risk profile of Injectafer. Link: Click Here Georg Fischer pursues its fast expansion in China. Georg Fischer continues to expand at a fast pace in the Chinese market. The company is this week inaugurating two new plants, bringing its total to 14 production companies in the country. Link: Click Here |
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