Cytogen ends plan to buy medical firm; the N.J. company instead bought marketing rights to two cancer products from Advanced Magnetics

Article Abstract:

At a cost of two million Cytogen shares, Cytogen Corp. will purchase the marketing rights to two cancer detection agents of Advanced Magnetics Inc. This deal is a lot smaller than the planned acquisition that has been scrapped. Both companies agreed to the scaled down arrangemnet. Cytogen develops cancer drugs.

Pharmaceutical Preparation Manufacturing, Pharmaceutical preparations, HEALTH SERVICES, Anticancer Drugs, Medical and Diagnostic Laboratories, Cancer Diagnosis, Antineoplastic agents, CYTOGEN Corp., Advanced Magnetics Inc., CYTO, AVM

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Eastern Pennsylvania Better Business Bureau could lose charter

Article Abstract:

Arlington, Virginia-based Council of Better Business Bureaus may revoke the charter of the BBB in Eastern Pennsylvania due to low membership and financial problems. The Philadelphia-based BBB affiliate, which has lost many top management executives, may merge its operations with the Washington, DC-based BBB affiliate.

Business Associations, Trade Associations

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The pace of layoffs speeds up as the economy slows down

Article Abstract:

Layoffs at New Jersey and Pennsylvania companies have recently escalated.

New Jersey, Personnel administration, Pennsylvania

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