British Biotech sues ex-employee, charging breach of confidentiality

Article Abstract:

British Biotech PLC has filed a lawsuit against its former clinical-trials head, Andrew Millar, who was charged with violating his employment contract. Millar, who was recently removed from his position in British Biotech, allegedly breached the confidentiality clause of his contract with the firm when he publicly declared concerns about the company's Zacutex treatment for pancreatitis. Millar also allegedly gave researchers access on information regarding the patients who took Zacutex.

Comment:

Files a lawsuit against its former clinical-trials head, Andrew Millar, who is charged w/ violating his employment contract

United Kingdom, Legal issues & crime, Pharmaceutical Preparation Manufacturing, Digestive & Genito-Urinary Preps, British Biotech PLC

---

BBL increases its provisions for debt in Asia

Article Abstract:

Banque Bruxelles Lambert (BBL) announced that it increased its provisions against outstanding Asia loans. The bank increased its provisions to 1.5 billion Belgian francs ($41.4 million) for the first six months of 1998. This represented an increase of approximately 900 million francs. BBL stated that 2% of its foreign loans are located in Asian "problem nations." These countries include Indonesia, Thailand, South Korea, and the Philippines.

Comment:

Announced that it increased its provisions against outstanding Asia loans

Commercial Banks, Commercial Banking, Financial management, Belgium, Banque Bruxelles Lambert S.A.

---

Clearstream expand to Mexico as part of push into equities

Article Abstract:

Clearstream is opening a regional office in Mexico City as part of its expansion into the equities market. Clearstream's new office in Mexico will be a medium to the expanding Mexican economy and to Latin America.

Financial Transactions Processing, Reserve, and Clearinghouse Activities, Marketing procedures, Mexico, Functions related to deposit banking, Clearinghouse Assns, Banking industry, Bank clearinghouses, Marketing, Clearstream International

Similar abstracts:

• Abstracts: British law firm's new Asia chief takes reins of a potential trend setter. WTO makes case for lawyer
• Abstracts: Productivity and unemployment: some international comparisons. UK healthcare: some international comparisons
• Abstracts: from service to experience: understanding and defining the hospitality business. A study of management practices and competences within effective organisations in the Irish tourism industry
• Abstracts: The ghost in the machine. The campaign for real neurons: neural networks. Seeing is believing
• Abstracts: A handbrake on subsidies. Every trick in the book

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.