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TFN NEWS BRIEFING: Pharmaceuticals and chemicals highlights to 09:10 BST


Published : Wed, 09 May 2007 09:27
By : Agencies
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2007-05-09 08:44:20

Addex sets IPO price range at 58-75 sfr; plans to raise up to 155 mln sfr

ZURICH (Thomson Financial) - Addex Pharmaceuticals has set the price range

for its IPO on the SWX Swiss Exchange at 58-75 sfr per share, with the

bookbuilding period commencing today and ending on May 21, 2007.

2007-05-09 08:34:58

UK smallcap opening - 3DM Worldwide jumps on greener strategy

LONDON (Thomson Financial) - 3DM Worldwide shares rose 0.75 pence to 6.37,

after the plastic products developer announced it is leading a consortium, which

includes Tesco, to develop innovative products using its powder impression

moulding process.

2007-05-09 08:30:32

Lonza to start large scale manufacture of new cancer treatment

ZURICH (Thomson Financial) - Biotechnical company Lonza will start large

scale production of antibody drug conjugates, an emerging type of cancer

treatment, the company said.

2007-05-09 08:16:22

Corp Dermoestetica Q1 net 2.6 mln eur vs 240,000 as sales rise 13.7 pct

MADRID (Thomson Financial) - Corporacion Dermoestetica SA said net profit

rose to 2.6 mln eur in the first quarter to March from 240,000 a year earlier as

sales grew 13.7 pct to 37.4 mln.

2007-05-09 07:25:06

Lanxess Q1 pre-ex EBITDA 219 mln eur vs 205 mln, sales down

FRANKFURT (Thomson Financial) - Lanxess AG said first quarter EBITDA before

exceptional items rose 6.8 pct to 219 mln eur from 205 mln a year earlier.

2007-05-09 07:07:27

William Demant sees 2007 EPS growth at 19-23 pct vs previously 16-20 pct

COPENHAGEN (Thomson Financial) - Danish maker of hearing aids William Demant

AS said it sees earnings per share (EPS) growing by 19-23 pct in 2007, versus

previously expected 16-20 pct, as a result of the prospect of a lower Danish

corporate tax rate.

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