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Alexion Pharma to pay $8.4 billion for Synageva BioPharma
2015-05-06 18:14:05| Biotech - Topix.net
Alexion Pharmaceuticals will pay a huge premium to buy Synageva BioPharma in an $8.4-billion deal for a rare disease treatment maker that lost nearly $60 million in the first quarter and has no products on the market.
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Demand Response Spending is Expected to Exceed $1.3 Billion a Year by 2024
2015-05-06 17:55:00| Transmission & Distribution World
A new report from Navigant Research analyzes the global demand response (DR) market, including global market forecasts for DR sites and technology spending through 2024. Content Classification: Curated read more
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Implementation of Smart Grids Could Generate 3.5 Billion for the Netherlands
2015-05-06 17:34:00| Transmission & Distribution World
The implementation of smart energy grids in the consumer market is worth between 1 and 3.5 billion euros. Content Classification: Curated read more
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The Wall Street Journal: Alexion to buy Synageva in $8.4 billion biotech deal
2015-05-06 13:59:13| Biotech - Topix.net
Alexion Pharmaceuticals Inc. has agreed to buy Synageva BioPharma Corp. in a cash-and-stock deal valued at $8.4 billion, a move that will strengthen Alexion's pipeline of rare-disease treatments. shareholder will receive $115 in cash and 0.6581 Alexion share, for a total consideration of about $225.92 a share based on Alexion's After the deal, Alexion will have eight treatments in clinical trials, including Synageva's experimental enzyme-replacement therapy for patients with mucopolysaccharidosis IIIB, a rare metabolic disease.
CBA leads $40 billion wipe-out in the ASX 's biggest rout in two years
2015-05-06 10:08:03| Grocery - Topix.net
Commonwealth Bank, which fell nearly 6 per cent, and Woolworths were responsible for more than a third of the loss on the ASX200 in a "very tough day" for investors. Australian shares lost close to $40 billion in value in their biggest slump since February 2013, as poor profit results from Commonwealth Bank and Woolworths sparked a major bout of selling in the banking and consumer staples sectors and throughout the broader market.
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