Damien Hirst&#39;s Pharmacy Sells For 11.1 Million
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LONDON, ENGLAND.- Damien Hirst reaffirmed his position as one of the leading contemporary artists of the 21st century this evening (October 18th, 2004), when all 168 lots of original items from the celebrated Pharmacy restaurant sold at Sotheby&#39;s London
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A German chemical and pharmaceutical company, Altana, said that it was selling its drugs business to Nycomed Holding of Denmark for 4.5 billion euros ($5.75 billion), following through on its intention to split the company and focus on its chemicals operation. Altana, based in Bad Homburg outside Frankfurt, is selling the business because it is too small to compete in the global drug industry. Altana said it would focus on its specialty chemicals business and keep its stock exchange listing. Nycomed, which focuses on prescription drugs for gastrointestinal and respiratory diseases, is owned by a consortium of private equity companies: the Blackstone Group, CSFB Private Equity, NIB Capital Private Equity and Nordic Capital. It will distribute AltanaÂs top-selling drug, the ulcer treatment Pantoprazol, in Nordic countries and Belgium.
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Business & money: Â· Drinks group signs Â£460m deal with Ketel OneÂ· Dutch vodka expected to cut into top seller's market
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Damien Hirst is named Europe's "most expensive living artist" after his medicine cabinet sells for Â£9m.
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Here are the most popular theories making the rounds on the sale of Damien Hirstâs diamond-encrusted skull.
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A work by artist Damien Hirst, famed for preserving a shark in formaldehyde, on Thursday became the most expensive by a living artist ever sold at auction, the auctioneers said.
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Damien Hirst, former BritArt bad boy whose works infuriate and inspire in equal measure, did it again on Friday with a diamond-encrusted platinum cast of a human skull priced at a cool 50 million pounds ($98 million).
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Damien Hirst donates four of his major works to the Tate galleries, including a pickled cow.
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LONDON: Sold to collectors of modern art: the set of bar stools shaped like aspirins, towering medical cabinets, the DNA-themed sculptures and the molecule-inspired ashtrays.
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The sale broke the artistâs record and underlined the enduring market influence of the workâs latest owner, the collector Charles Saatchi.
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A collection of artworks owned by John Paul Getty II sell for a total of Â£1.7m at Christie's in London.
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A rare 11th century rock crystal ewer, misidentified as a 19th Century French claret jug, has sold for 220,000 pounds at auction, more than one thousand times its pre-sale estimate, the Art Newspaper said on Monday.
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British artist Damien Hirst -- known for using dead animals in his works -- has sold the contents of his iconic London restaurant &quot;Pharmacy&quot; for 11.
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Fixtures and fittings from Damien Hirst's restaurant Pharmacy are set to be auctioned by Sotheby's.
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LONDON The British government said Wednesday that it had struck an agreement with the pharmaceutical industry to cut prescription drug prices by 7 percent at the end of the year, saving more than Â£1.
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VNU, the Dutch market research and information group, yesterday sold its directories business for â¬2.1bn (Â£1.4bn) to venture capital groups Apax Partners and Cinven.
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A diamond-encrusted human skull by British artist Damien Hirst sells to an investment group for Â£50m.