ICN's U.S. suit hits Yugoslav, Serb leaders

Article Abstract:

United States-based ICN Pharmaceuticals Inc., has filed a lawsuit against Serbia and Yugoslav state governments for nationalising its subsidiary ICN Yugoslavia. ICN Pharmaceuticals seeks $500 million for the forcible acquisition.

Comment:

ICN Pharmaceutical Inc., sues Serbia and Yugoslav government for nationalizing its subsidiary ICN Yugoslavia.

Pharmaceutical Preparation Manufacturing, Pharmaceutical preparations, Cases, Laws, regulations and rules, Economic policy, Yugoslavia, ICN, Government ownership, Nationalization, Serbia, Valeant Pharmaceuticals International, ICN Yugoslavia

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Amgen plans to buy Immunex for $16 billion in cash, stock

Article Abstract:

Amgen Inc. has reached a deal to acquire Immunex Corp. in a deal valued at $16 billion. The deal, one of the largest biotechnology acquisitions ever, will be conducted in cash and shares.

Amgen Inc., Immunex Corp., AMGN, IMNX

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Bristol-Myers nears pact to buy ImClone stake

Article Abstract:

Bristol-Myers Squibb Co. is close to a deal in which it will acquire a minority share in ImClone Systems Inc. Bristol-Myers will acquire 19.9% of ImClone for $1 billion.

In-Vitro Diagnostic Substance Manufacturing, Diagnostic substances, Diagnostic Reagents, Bristol-Myers Squibb Co., BMY, ImClone Systems Inc., Diagnostic reagents industry, IMCL

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