MediciNova, a developer of small molecule therapeutics, and Avigen, a biopharmaceutical company, have entered into a definitive merger agreement pursuant to which MediciNova’s wholly owned subsidiary will merge with and into Avigen.
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General economic trends worldwide will affect the over-the-counter (OTC) pharma market from 2009 onwards, with both market restraints and opportunities present. The potential of this market remains significant, despite general economic uncertainty.
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Volkswagen has reported that its supervisory board has approved the comprehensive agreement to create an integrated automotive group with Porsche led by Volkswagen. Under the agreement, Volkswagen will initially acquire a 42% stake in Porsche by the end of 2009.
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Both the national economy and the income of urban and rural residents rose quickly in the past decade, and the dairy industry gained a substantial development thanks to Government promotion, mobilization from the processing industry, consumption and export demand, and rising of residents’ conscience on nutrition and health care. China grew into a big dairy country from one that was short of milk.
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The global demand for water treatment products has been growing in recent years and the boom is predicted to continue also in the future. Global Research & Data Services has recently published the following four market analyses about the markets for water treatment products in some asian countries.

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Italian oil and gas company Eni has signed a strategic agreement with the Democratic Republic of Congo for co-operation and valorization of the country’s oil resources.

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In The Emerging UMV and UGV Markets 2009-2019 it is analysed how a multitude of factors are driving increased research, development, procurement and deployment of unmanned vehicle systems. In recent years, the threat of improvised explosive devices (IEDs) in Iraq has been a major impetus for investment in robots capable of explosive ordinance disposal (EOD).

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Nokia has selected Regenersis, a UK-based provider of after-sales product support services to technology brands, as the exclusive provider of a range of performance management, training, and support solutions for the Nokia UK Care Network.

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In 2008, China SO2 emissions dropped to 23.21 million tons, down 6.0% from 2007; of which industrial SO2 emissions fell to 19.91 million tons, down 6.9% year-on-year; life SO2 emissions rose 0.5% year-on-year to 3.299 million tons. At the end of 2008, the flue gas desulphurization installed capacity of thermal power plants in China surpassed 379 GW, accounting for 66% of total capacity of coal-generating power. In 2008 around, about 110 GW of desulphurization facility of thermal power generating units (100,000 KW or above) put into operation, down 5.2% from 2007.

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Coca-Cola Bottling Co Consolidated has announced the opening of its new warehouse and logistics center in the Valley Gateway Industrial Park in Roanoke County, Virginia.
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