Advansa Quits Polyethylene Terephthalate and Sells to Spain's La Seda De Barcelona
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By Anonymous  ADVANSA has agreed to sell its polyethylene terephthalate (PET), purified terephtalic acid (PTA), which is used to make polyethylene terephthalate (PET), and preform businesses to Spain's La Seda de Barcelona SA.
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ExxonMobil Chemical has introduced a new version of Santoprene(TM) thermoplastic vulcanizate (TPV) that complies with U.S. Food and Drug Administration (FDA) regulations for food contact and bonds with engineering thermoplastics (ETPs).
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German chemicals and pharmaceuticals giant Bayer said it had acquired the marketing rights for GlaxoSmithKline's erectile dysfunction treatment Levitra in a number of countries outside the US for 208 million euros (272 million dollars).
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AMSTERDAM Philips Electronics will stop making low-end computer monitors and flat-screen televisions for itself and other brands, the Dutch company said Thursday, turning the business over to the Hong Kong manufacturer TPV Technology.
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Hexion Specialty Chemicals, Inc. announced today that it has completed  its purchase of the adhesives and resins business of Orica Limited.  The purchase price was not disclosed.
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GlaxoSmithKline GSK.L won a   partial victory from a European Union court on Wednesday in its   bid to stop Spanish drug wholesalers from re-exporting its   medicines at high premiums.
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Teva Pharmaceutical Industries, which makes generic drugs, has won American approval to sell the first copies of GlaxoSmithKlineÂs Zofran for nausea related to chemotherapy and surgical procedures. Shipment will begin immediately, Teva said in a statement. The brand-name versions of the injections had sales of $695 million in the 12 months that ended in September, Teva said, citing figures from IMS Health.
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Biopharma firm ends trials for a promising drug and offloads four commercial products.
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Dutch retailer  Ahold sells its network of about 600 Spanish retail stores to private equity group Permira.
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WASHINGTON -- A major maker of generic AIDS medicines voluntarily removed all its antiretrovirals from the World Health Organization's list of approved drugs yesterday, a move that could potentially affect tens of thousands of AIDS patients in poor countries who have only recently entered treatment.
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The home improvement chain has finally sold off its HD supply unit to a private equity group.
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Sanofi-Aventis said on Friday it was  withdrawing its application to sell obesity drug rimonabant --  its biggest new drug hope -- in the United States.
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One of the best-known names in camera film, Agfa-Gevaert, is quitting the industry due to the booming popularity of digital cameras.
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GlaxoSmithKline Plc won approval to sell an over-the-counter weight loss drug called Alli in the United States, the company and U.S. health officials said on Wednesday.
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The pharmaceutical giant is selling its pain relievers and other consumer products.
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Procter &amp; Gamble Co. sold its Sure deodorant line yesterday , saying the 33-year-old brand no longer fits the company's strategy of focusing on products with a global reach.
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Just a few days after the official birth of Sanofi-Aventis, the world's third-biggest pharmaceuticals company, one of its board members has announced he is stepping down, a source close to the negotiations told AFP.