Asia PR News

SYDNEY, Dec. 24 /AsiaNet/ –

UTC ACQUIRES…
BEIJING - UTC Fire & Security announced Friday that it has
entered an agreement to acquire an additional 3.3 per cent
share of GST Holdings Limited, which, with regulatory
clearance, will bring the company’s total ownership to
approximately 29 per cent. UTC Fire & Security is a United
Technologies Corp. business unit.
http://www.utcfireandsecurity.com

SCHERING-PLOUGH REVISES…
HORSHAM - Centocor, Inc. and Schering-Plough Corporation
Friday announced they have revised their 1998 distribution
agreement regarding the development, commercialization and
distribution of both REMICADE (infliximab), an anti-tumor
necrosis factor alpha therapy for chronic inflammatory
disorders, and golimumab, Centocor’s next-generation, human,
anti-TNF alpha therapy, which is currently in Phase 3 trials.
http://www.schering-plough.com
http://www.jnj.com

WHALE STATEMENT…
WASHINGTON - The following is a statement from Monica
Medina, Director of Whale Conservation of the Pew Environment
Group: "We are encouraged that Japan has decided to not kill
endangered humpback whales as previously planned."
www.pewwhales.org

FRIEDFRANK APPOINTS…
HONG KONG - Fried Frank announced Friday that William Yoo
has joined the Firm’s Asia practice, resident in Hong Kong.
http://www.friedfrank.com

FANNIE MAE…
WASHINGTON, D.C.: Fannie Mae will redeem the principal
amount of MTN securities issues amounting to a total of US$50
million on January 2, 2008 at a redemption price equal to 100
per cent of the principal amount redeemed plus accrued
interest.
http://www.fanniemae.com

FDA OPPORTUNITY…
MELBOURNE - Starpharma Holdings Limited, developer of
VivaGel vaginal microbicide Friday welcomed a decision by the
US FDA this week requiring makers of products containing
nonoxynol 9 (N9) to carry a warning that the products do not
protect against sexually transmitted diseases, including HIV
AIDS and that the use of N-9 products is associated with an
increased risk of HIV.
www.starpharma.com

JOHNSON COMBINES…
HONG KONG and CHICAGO - Johnson Stokes & Master, a leading
Asian law firm, and Mayer Brown LLP, a leading global law firm,
have agreed to combine as of January 28, 2008.

REDKNEE ANNOUNCES…
TORONTO - Redknee Solutions Inc., a leading provider of
innovative infrastructure software that monetizes and
personalizes services and content for mobile operators, Friday
announced the conditional acquisition of the assets of Argent
Networks Ltd., a leading technology and telecommunications
billing company, for an initial payment of US$4 million in cash
raising to a maximum cash payment of US$8 million if certain
revenue related metrics are achieved.
http://www.redknee.com

CRICKETER COMMENTS…
MELBOURNE - Australia’s most successful cricket coach, John
Buchanan, and President of CPA Australia, Alex Malley, have got
together to discuss how the keys of success in sport translate
to business.
http://www.cpaaustralia.com.au/links?1017_25099

ULDAGE CALLS…
TOKYO - Uldage Inc., a patent license company Friday issued
a call for patents that are essential to the Japanese Digital
Cable Broadcasting Standards.
http://www.uldage.com
http://www.ip-adr.gr.jp

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