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UPDATE 4-Elan seeks acquisitions after $3.25 bln Biogen deal

Posted: Published on February 6th, 2013

* Elan agrees to cede control of Tysabri to U.S. partner * Elan has already spoken to companies about potential deals * Biogen says deal a natural step, will add to 2013 earnings * Irish company's shares rise 8 pct, highest since November (Xetra: A0Z24E - news) By Padraic Halpin DUBLIN, Feb 6 (Reuters) - Irish drugmaker Elan will raise more than $3.25 billion by selling its interests in its main drug to partner Biogen Idec (NasdaqGS: BIIB - news) and effectively reinvent itself by splashing most of the cash on acquisitions. Under a deal announced on Wednesday, Massachusetts-based Biogen will take full ownership of blockbuster multiple sclerosis (MS) treatment Tysabri and will make an upfront payment to the Irish group plus royalties on future sales. While the deal gives Elan scope to return some cash to shareholders as well as strategic flexibility to buy new assets, it leaves its future shape unclear since Tysabri was by far its most important product, responsible for almost all its revenue. Elan has already spoken to several companies about potential deals and can move quickly over the next 12-18 months once the sale is completed, Chief Executive Kelly Martin told Reuters. "You can … Continue reading →

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Biogen pays Elan $3.25 billion to take over MS drug

Posted: Published on February 6th, 2013

DUBLIN (Reuters) - Biogen Idec is to take full ownership of blockbuster multiple sclerosis drug Tysabri after agreeing to pay Irish partner Elan $3.25 billion plus future royalties on sales of the drug. Irish drugmaker Elan, which has co-marketed the drug with the larger U.S. company for 12 years, said it would receive a royalty of 12 percent of Tysabri global net sales for the first 12 months after the restructuring closes. A tiered royalty structure will kick in after that, it said, with Elan receiving 18 percent on up to $2 billion of global net sales and 25 percent on any sales over that amount. Sales of Tysabri, which provides Elan with almost all of its revenue, rose 8 percent to $1.6 billion last year. A filing last month for approval to sell the drug as a first-line treatment for could boost sales further. "The restructuring of this business collaboration provides Elan with significant strategic flexibility ... The risk of one asset and a single collaborator was not ideal," Elan chief executive Kelly Martin said in a statement. "We are enthusiastic about the market opportunities around the globe and remain flexible and creative about the manner in which we … Continue reading →

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Elan seeks acquisitions after $3.25 billion MS drug deal

Posted: Published on February 6th, 2013

DUBLIN (Reuters) - Irish drugmaker Elan is raising more than $3.25 billion by selling its interests in its main drug and will splash out most of the proceeds on acquisitions, effectively reinventing itself as a company. Under a deal announced on Wednesday, Elan's partner Biogen Idec will take full ownership of blockbuster multiple sclerosis (MS) treatment Tysabri and will make an upfront payment to the Irish group plus royalties on future sales. While the deal gives Elan scope to return some cash to shareholders as well as strategic flexibility to buy new assets, it leaves its future shape unclear since Tysabri was by far its most important product, responsible for almost all its revenue. Elan has already spoken to several companies about potential deals and can move quickly once the sale its completed, Chief Executive Kelly Martin told Reuters. "You can do a lot of things with $3 billion, you can buy companies, molecules, you can partner, you can share risk. The world is our oyster," Martin said in a telephone interview. "We are not necessarily restricting ourselves to one therapeutic area or one type of clinical asset. We will not be restricted to our past, which was by and … Continue reading →

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Preventative Center Of New Jersey – Video

Posted: Published on February 6th, 2013

Preventative Center Of New Jersey These days laser hair reduction is quite a common practice. It is safe and is carried out by using bio-identical hormone replacement therapy. The preventative centers of New Jersey offer hormone replacement therapy and vitamin infusions for wellness. The preventative centers of New Jersey and New York also offer vitamin and nutritional evaluation. By: David villa … Continue reading →

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RenovoMedSpa Dermatologist In Rehoboth Beach – Video

Posted: Published on February 6th, 2013

RenovoMedSpa Dermatologist In Rehoboth Beach http Welcome to the Youtube Channel of Dr. Michelle Parsons' practice, ReNove Medical Rejuvenating Health Spa, located in downtown Rehoboth Beach on Rehoboth Avenue, Delaware. ReNove Medical Health Spa is the first medical spa in Rehoboth Beach, operating since 2006. ReNove Medical Spa is Delaware's leader in customized cosmetic skin care, providing the best non-surgical procedures available, and at the best prices, to enhance natural beauty and skin health, in a warm comfortable setting by caring professionals. Our Services We have a treasure trove of medically approved procedures for women and men who wish to refresh and enhance their appearance without a lot of "down time" or the risks and complications of surgery. ReNove Medical Spa combines a warm comforting setting in a French West Indies themed decor, with the highest medical quality there is to offer. All of our guests are welcomed as family. The new generation of cosmetic non-surgical treatments will reverse or improve the appearance of many signs of aging, including: fine lines around the eyes and mouth, deeper lines around the nose and lips, remove unwanted pigment and even out complexion. Dr. Parsons has devoted herself to the study … Continue reading →

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Calgary Weight Management Centre |403-265-4142 | Weight Management Centre in Calgary 2013 – Video

Posted: Published on February 6th, 2013

Calgary Weight Management Centre |403-265-4142 | Weight Management Centre in Calgary 2013 Calgary Weight Management Centre | 403-265-4142 http://www.calgaryagemanagement.com Calgary Age Management Institute #113-7015 Macleod Trail SW Calgary, AB, T2H 2K6 Calgary Age Management Institute is a Luxury Medical Weight Loss, Bio-Identical Hormones and Medical Cosmetic Center located in Calgary, Alberta. Our treatments include Laser Body Sculpturing, Medical Weigh Loss, Coolsculpting, HCG Diet, Bio-identical Hormone Replacement Therapy, Medical grade Injectables such as Botox Cosmetics, Juvederm, Lip Augmentation and other Dermal Fillers. We offer revolutionary Medical Weight Loss, Laser Body Contouring and Coolsculpting Technology that allows you to melt fat off specific areas of your body Fast and Permanently. Coolsculpting technology is best solution for belly, back, love handles and inner thigh fat removal. Calgary Weight Management Centre youtu.be By: Elizabeth Lourens … Continue reading →

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Antiaging Clinics Calgary | 403-265-4142 | Anti Aging Clinics in Calgary 2013 – Video

Posted: Published on February 6th, 2013

Antiaging Clinics Calgary | 403-265-4142 | Anti Aging Clinics in Calgary 2013 Anti-Aging Clinics Calgary | 403-265-4142 http://www.calgaryagemanagement.com Calgary Age Management Institute #113-7015 Macleod Trail SW Calgary, AB, T2H 2K6 Age Management Institute is a Luxury Medical Weight Loss, Bio-Identical Hormones and Medical Cosmetic Center located in Calgary, Alberta. Age Management Institute offers revolutionary Medical Weight Loss Programs, Laser Body Contouring, Technologically Advanced Medical Aesthetics, Anti-Aging and Bio-identical Hormone Replacement Therapies. Our treatments include Laser Body Sculpturing, Medical Weigh Loss, HCG Diet, Bioidentical Hormone Replacement Therapy, Medical grade Injectables such as Botox cosmetics, Juvederm, Lip Augmentation and other Dermal Fillers. All Medical and Cosmetic Treatments in our clinic are administered by Qualified Professionals and Medical Nurses, guaranteeing Safe Practice for injectable facial enhancements. Anti-Aging Clinics Calgary youtu.be By: Elizabeth Lourens … Continue reading →

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A Catholic View: The Science of Stem Cells. Finding Cures and Protecting Life – Video

Posted: Published on February 6th, 2013

A Catholic View: The Science of Stem Cells. Finding Cures and Protecting Life Michigan Catholic Conference video published May 29, 2012 In an effort to communicate the relationship between stem cell research and the Catholic Church's teaching on human life, this 12-minute DVD was distributed to every registered Catholic home in Michigan. The video explains the differences between adult and embryonic stem cell research. While adult stem cell treatments are acceptable, the Catholic Church finds embryonic stem cell research and therapies as morally unacceptable. Patient testimonials and interviews with adult stem cell researchers are featured. By: StemGenics … Continue reading →

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Lecture: Stem Cells and Tissue Regeneration – Video

Posted: Published on February 6th, 2013

Lecture: Stem Cells and Tissue Regeneration Lecture delivered on October 6, 2009 at Stanford University (1 hour 50 minutes) Dr. Jill Helms, Associate Professor of Surgery at the Stanford School of Medicine, discusses developments in stem cell research and the future of regenerative medicine. By: StemGenics … Continue reading →

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Stem cell meeting_ Announcement.mov – Video

Posted: Published on February 6th, 2013

Stem cell meeting_ Announcement.mov The society of stem cell research, Thailand By: DITSAYADSP … Continue reading →

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