Big fat 'F' Alamogordo Daily News Bill Richardson not speak on behalf of the community, saying he failed to follow through on promises and was abusive toward Hispanics in his eight years in ... |
Friday, December 31, 2010
Big fat 'F' - Alamogordo Daily News
karnergetajequ1416.blogspot.com
Tuesday, December 28, 2010
Sunday, December 26, 2010
Town of Culpeper to enforce peddling license rule - The Free Lance-Star
centrelynton-mesa.blogspot.com
Town of Culpeper to enforce peddling license rule The Free Lance-Star A town ordinance requires solicitors and peddlers to register with the clerk's office and undergo criminal records checks before being issued licenses, ... |
Friday, December 24, 2010
Winter Park apartments sell for $4M - Orlando Business Journal:
http://www.liveinwz.com/category/banking/
ONIC Golden Oaks LLC acquired the Goldehn Oaks apartments from Golde n Oaks AffordablePartners Ltd. and Golden Oaks of Floridq LP May 18, according to Orange County records. Real Estate Investment Servicees Orlando agents Patrick Skinneer andKevin Yaryan, along with Washington agents Armand Robert Sheppard and Spencer Hurst, represented he while Tiberio, Sheppard and Hurst also represented ONIC Golden Oaks. Orlando Neighborhood secured a $3.7 millionh first mortgage through Seattle-based , a delegated underwritinbg andservicing lender, according to a news release.
It also receive $1 million in federal housing funds from the Orange County Housing and Communitt Development Division plus additional moneyfrom NeighborWorks/E-America, a networlk of nonprofit organizations promotinf homeownership and neighborhood revitalization, the release Orlando Neighborhood expects to spend $1 million improvin g Golden Oaks, which was built in the release said. Lane Management LLC, the property management arm of Atlanta-basex Lane Co., will handle leasinv and property management. The Orlando Neighborhoode Improvement Corp. is a nonprofirt developer and owner of affordableand mixed-income housing propertiese in Central Florida.
The organization has developedsor co-developed 2,592 housing unita and has 1,215 in its portfolio.
ONIC Golden Oaks LLC acquired the Goldehn Oaks apartments from Golde n Oaks AffordablePartners Ltd. and Golden Oaks of Floridq LP May 18, according to Orange County records. Real Estate Investment Servicees Orlando agents Patrick Skinneer andKevin Yaryan, along with Washington agents Armand Robert Sheppard and Spencer Hurst, represented he while Tiberio, Sheppard and Hurst also represented ONIC Golden Oaks. Orlando Neighborhood secured a $3.7 millionh first mortgage through Seattle-based , a delegated underwritinbg andservicing lender, according to a news release.
It also receive $1 million in federal housing funds from the Orange County Housing and Communitt Development Division plus additional moneyfrom NeighborWorks/E-America, a networlk of nonprofit organizations promotinf homeownership and neighborhood revitalization, the release Orlando Neighborhood expects to spend $1 million improvin g Golden Oaks, which was built in the release said. Lane Management LLC, the property management arm of Atlanta-basex Lane Co., will handle leasinv and property management. The Orlando Neighborhoode Improvement Corp. is a nonprofirt developer and owner of affordableand mixed-income housing propertiese in Central Florida.
The organization has developedsor co-developed 2,592 housing unita and has 1,215 in its portfolio.
Tuesday, December 21, 2010
Freelon Group, partner HOK to design Civil Rights Museum in Atlanta - Triangle Business Journal:
disadvantage-unlimited.blogspot.com
The $125 million museum is expecte d to beabout 100,000 square feet. Freelon’s design featuresw a terracotta-clad building surrounding an exterior courtyard, whichh will serve as an amphitheater andexhibit space. The winning design is inspirerby “the simple yet powerful image of interlockinv arms that signifies the linkages that empower individuals and groupws of seemingly divergent interests to find common ground,” Philip Freelon, presideng of The Freelon Group, in a news release. The Freelon Group and HOK will work withCenterr leadership, exhibit designer and project manager / to finalize the facility’se design prior to breaking ground this winter.
Freelon designex the Reginald F. Lewis Museum of Maryland African-American Historyh and Culture, the Museum of the African Diaspora in San Franciscl and theHarvey B. Gantty Center for African American Arts and Culturein • of New York and partner Stanley Beaman & Searz of Atlanta. • Huff + Goodehn Architects LLC of New York and partner Hammep Green and Abrahamsonof Minn. • Moody•Nolan of Columbus, and partners Antoine Predock Architect PCof Albuquerque, and Goode Van Slyks of Atlanta. • Polshek Partnership Architects of New York and Atlantw partners Cooper Carry andStanley Love-Stanley PC.
The $125 million museum is expecte d to beabout 100,000 square feet. Freelon’s design featuresw a terracotta-clad building surrounding an exterior courtyard, whichh will serve as an amphitheater andexhibit space. The winning design is inspirerby “the simple yet powerful image of interlockinv arms that signifies the linkages that empower individuals and groupws of seemingly divergent interests to find common ground,” Philip Freelon, presideng of The Freelon Group, in a news release. The Freelon Group and HOK will work withCenterr leadership, exhibit designer and project manager / to finalize the facility’se design prior to breaking ground this winter.
Freelon designex the Reginald F. Lewis Museum of Maryland African-American Historyh and Culture, the Museum of the African Diaspora in San Franciscl and theHarvey B. Gantty Center for African American Arts and Culturein • of New York and partner Stanley Beaman & Searz of Atlanta. • Huff + Goodehn Architects LLC of New York and partner Hammep Green and Abrahamsonof Minn. • Moody•Nolan of Columbus, and partners Antoine Predock Architect PCof Albuquerque, and Goode Van Slyks of Atlanta. • Polshek Partnership Architects of New York and Atlantw partners Cooper Carry andStanley Love-Stanley PC.
Saturday, December 18, 2010
Metro Atlanta housing market continues to lag - Atlanta Business Chronicle:
mastering-input.blogspot.com
Home sales in metro Atlanta fellto 11,369 — predominantluy sales of existing homed — in the first an 8.27 percent dip from the previous data shows. That’s also down nearly 12 percent from the firsf three months oflast year. In Fulton sales fell nearly 13 percentin first-quartet 2009 (to 2,296), from the end of last year, accordinhg to the Georgia MLS. Cobb, DeKalb and Gwinnet t counties also experienced declinesof 8.28 percent, 14.6 percen t and 12.7 percent, respectively, during the same time period.
Meanwhile, constructioh activity on new home continued to sag across the country with Atlantwa showing a more than eight month supply of according to national research firmMetrostudy Inc. Metrostudyu looks at individual subdivisions withib 256 counties in all or part of 84 metropolitan The firm is currently forecastinroughly 490,000 housing starts across the country for 2009, following a slump in April numbers. “We expected the sharp drop in theApril number, as we did the Marchj decline,” said Brad Hunter, Metrostudy’s chief economis t and national director of consulting.
Hunter citedf three main reasons for the low number ofhousinhg starts, including builders continuing to rid themselves of excess homes that are already built though that supply has been significantly Also, banks are still cuttiny off credit to some builders, even if they’re currenr on loans, and some builders are finding home priced too low to make a he said. At the same time, Metrostudt reports seeing somepositive trends. Foot traffic is up at new the inventory of new homes is declininh and foreclosures are beingsnapped up.
According to a releaser by the company, “Metrostudy’s forecasters project that starts will not fall much farthere fromthis point, although more declines are likely in the multifamily sector.” For the 12-montjh period ending in March, Atlanta saw 8,972 housint starts — ranking No. 5 out of the metro areas trackedby Metrostudy. Houston topped the list with 22,503 housing starts during the same According tothe study, Atlant a also had the fourth-largest supply of vacant, finisheds new homes with 8.
8
Home sales in metro Atlanta fellto 11,369 — predominantluy sales of existing homed — in the first an 8.27 percent dip from the previous data shows. That’s also down nearly 12 percent from the firsf three months oflast year. In Fulton sales fell nearly 13 percentin first-quartet 2009 (to 2,296), from the end of last year, accordinhg to the Georgia MLS. Cobb, DeKalb and Gwinnet t counties also experienced declinesof 8.28 percent, 14.6 percen t and 12.7 percent, respectively, during the same time period.
Meanwhile, constructioh activity on new home continued to sag across the country with Atlantwa showing a more than eight month supply of according to national research firmMetrostudy Inc. Metrostudyu looks at individual subdivisions withib 256 counties in all or part of 84 metropolitan The firm is currently forecastinroughly 490,000 housing starts across the country for 2009, following a slump in April numbers. “We expected the sharp drop in theApril number, as we did the Marchj decline,” said Brad Hunter, Metrostudy’s chief economis t and national director of consulting.
Hunter citedf three main reasons for the low number ofhousinhg starts, including builders continuing to rid themselves of excess homes that are already built though that supply has been significantly Also, banks are still cuttiny off credit to some builders, even if they’re currenr on loans, and some builders are finding home priced too low to make a he said. At the same time, Metrostudt reports seeing somepositive trends. Foot traffic is up at new the inventory of new homes is declininh and foreclosures are beingsnapped up.
According to a releaser by the company, “Metrostudy’s forecasters project that starts will not fall much farthere fromthis point, although more declines are likely in the multifamily sector.” For the 12-montjh period ending in March, Atlanta saw 8,972 housint starts — ranking No. 5 out of the metro areas trackedby Metrostudy. Houston topped the list with 22,503 housing starts during the same According tothe study, Atlant a also had the fourth-largest supply of vacant, finisheds new homes with 8.
8
Thursday, December 16, 2010
Regional banks earnings slide - Tampa Bay Business Journal:
vidineevostegity.blogspot.com
BancGroup Inc. had a net loss of $9 or 5 cents a share, for the threew months ended June 30, compared to net income of $66.1q million, or 43 cents a for the year-ago period. The bank set aside $79 million to cover loans that could go bad in theseconed quarter, according to a release. "Th economic downturn that began toimpactt Colonial's customers during 2007 has, as we continued into 2008," Robert Lowder, chairman, chie executive and president, said in the had a net loss of $393.89 million, or $1.52 a share, for the second quarter, comparedd to net income of $220.33 million, or 83 cents a in the same period in 2007.
Durinbg the quarter, the company experienced continued stress on its construction and developmentg portfolio due to deterioration in the housing market, and took an $886 million provision for loan and leasre losses, according to a release. said its net incom for the second quarterwas $428 million, or 78 cents a compared with $458 million, or 83 cents a share, in the seconr quarter of 2007. BB&T also increased its provisionfor losses, but cited improvements in interest margins and fee-basex businesses, in a release. Colonial ), based in Montgomery, Ala., was the seventh-largesr bank in the Tampa Bay area, with $1.
9 billio in deposits on June 30, 2007, according to the most recenf information available fromthe BB& (NYSE: BBT), based in Winston-Salem, N.C., was No. 8 in the Bay with $1.7 billion in the FDIC said. Marshall & Ilslehy (NYSE: MI), based in Milwaukee, had $617 million in depositx and was No. 19 on the FDIC' s list for the Bay area.
BancGroup Inc. had a net loss of $9 or 5 cents a share, for the threew months ended June 30, compared to net income of $66.1q million, or 43 cents a for the year-ago period. The bank set aside $79 million to cover loans that could go bad in theseconed quarter, according to a release. "Th economic downturn that began toimpactt Colonial's customers during 2007 has, as we continued into 2008," Robert Lowder, chairman, chie executive and president, said in the had a net loss of $393.89 million, or $1.52 a share, for the second quarter, comparedd to net income of $220.33 million, or 83 cents a in the same period in 2007.
Durinbg the quarter, the company experienced continued stress on its construction and developmentg portfolio due to deterioration in the housing market, and took an $886 million provision for loan and leasre losses, according to a release. said its net incom for the second quarterwas $428 million, or 78 cents a compared with $458 million, or 83 cents a share, in the seconr quarter of 2007. BB&T also increased its provisionfor losses, but cited improvements in interest margins and fee-basex businesses, in a release. Colonial ), based in Montgomery, Ala., was the seventh-largesr bank in the Tampa Bay area, with $1.
9 billio in deposits on June 30, 2007, according to the most recenf information available fromthe BB& (NYSE: BBT), based in Winston-Salem, N.C., was No. 8 in the Bay with $1.7 billion in the FDIC said. Marshall & Ilslehy (NYSE: MI), based in Milwaukee, had $617 million in depositx and was No. 19 on the FDIC' s list for the Bay area.
Monday, December 13, 2010
Construction jobs sputter in April - New Mexico Business Weekly:
domnaofyvisyhojo.blogspot.com
percent. For the past 12 months, the Land of Enchantmenf has lost 9,600 construction jobs, for a 16.3 percentg loss. The state ranks 11th nationally for the most jobs lost on apercentagee basis, according to the U.S. Bureau of Labor Statistics. The numbers are expected to improve during the second half of 2009 as federall stimulus dollars come into the state and are expecter to create atleast 1,00 jobs in road and bridgre building alone. Any pick up in home buildingy will also bolsterconstruction employment. Texaxs continues to show stability, down only 0.5 percent in April and off 9.2 percenr for the 12 months.
There has been an exoduds of construction workers out of New Mexiclo and some are pursuing workin Texas, according to officialzs with the state’s constructiob lobbying groups who have been disappointed with the amountf of stimulus money comingb to New Mexico. Arizona continues to be the softesft market nationally forconstruction employment, falling nearly 28 perceng in the past year with the loss of 54,000 jobs.
percent. For the past 12 months, the Land of Enchantmenf has lost 9,600 construction jobs, for a 16.3 percentg loss. The state ranks 11th nationally for the most jobs lost on apercentagee basis, according to the U.S. Bureau of Labor Statistics. The numbers are expected to improve during the second half of 2009 as federall stimulus dollars come into the state and are expecter to create atleast 1,00 jobs in road and bridgre building alone. Any pick up in home buildingy will also bolsterconstruction employment. Texaxs continues to show stability, down only 0.5 percent in April and off 9.2 percenr for the 12 months.
There has been an exoduds of construction workers out of New Mexiclo and some are pursuing workin Texas, according to officialzs with the state’s constructiob lobbying groups who have been disappointed with the amountf of stimulus money comingb to New Mexico. Arizona continues to be the softesft market nationally forconstruction employment, falling nearly 28 perceng in the past year with the loss of 54,000 jobs.
Saturday, December 11, 2010
BAE Systems unit to pay Phoenix workers $110,000 to settle sex discrimination suit - Jacksonville Business Journal:
roehampton-crested.blogspot.com
The EEOC announced the settlement Wednesday. BAE Systems Land Armaments manufacturers armor for soldiersx and military vehicles at plant near Baseline Road and Interstatd 10in Phoenix. The thre e women, Laura Box, Margaretf Chavez and Christine Hanson, and the EEOC sued BAE in U.S. Distric Court in Phoenix claiminbg the women were paid less than equivalent male employeese and that the women were not given permanent positions. Chavez also claimed age discrimination and Box contendedx her temporary job was ended after she complained of sexual harassment. The Phoenix plant previously was home toSimulaz Inc., which was acquires in 2003 by Fla.-based Armor Holdings.
BAE acquired Armor Holdings in 2007. “BAE Systems is committed to our employees and the work they do for our fighting men and women in We are anEqual Opportunity/Affirmative Action Employedr that understands the value of diversithy and its impact on a high performancw culture,” the corporate statement read. BAE has its U.S. headquarterss in Rockville, Md. The defense contractorr makes a myriad of military land vehicles andsea vessels.
The EEOC announced the settlement Wednesday. BAE Systems Land Armaments manufacturers armor for soldiersx and military vehicles at plant near Baseline Road and Interstatd 10in Phoenix. The thre e women, Laura Box, Margaretf Chavez and Christine Hanson, and the EEOC sued BAE in U.S. Distric Court in Phoenix claiminbg the women were paid less than equivalent male employeese and that the women were not given permanent positions. Chavez also claimed age discrimination and Box contendedx her temporary job was ended after she complained of sexual harassment. The Phoenix plant previously was home toSimulaz Inc., which was acquires in 2003 by Fla.-based Armor Holdings.
BAE acquired Armor Holdings in 2007. “BAE Systems is committed to our employees and the work they do for our fighting men and women in We are anEqual Opportunity/Affirmative Action Employedr that understands the value of diversithy and its impact on a high performancw culture,” the corporate statement read. BAE has its U.S. headquarterss in Rockville, Md. The defense contractorr makes a myriad of military land vehicles andsea vessels.
Wednesday, December 8, 2010
Scorecard grades medical schools on ethics - Triangle Business Journal:
http://stellaalpinaosteria.com/about.html
The PharmFree Scorecard, which was developed by AMSA and the PewPrescriptio Project, noted UM had “strong, clearly organizedf policies on individual conflicts of interest.” However, it also notex the policies could be made stronger with “sa complete ban on gifts, tightetr restrictions on samples, and a stronger firewall between industryu funding and on-site educational activities.” The projecft found 45 of 149 medical schools receiving an A, up from 29 last However, none of those A grades are in Nova Southeastern University College of Osteopathid Medicine was one of 17 medical schools to receive a D, up from an F.
The reporgt noted Nova has a “workable giftas policy” and “thorough oversight,” but suggestexd it fails to include consulting/speaking relationships and disclosuree offinancial relationships. Nova Southeastern did not immediately responx to a requestfor “Every day, medical studentes witness the increasing reach of pharmaceutical marketing and the way it can distort medical Dr. Lauren Hughes, MPH, AMSA national said in a news “By eliminating the giftsd and the misleading information that drug reps currently bring into our hospitals and academicmedical centers, we will be able to bettert practice evidence-based medicine.
And that translates into better care for our Among other statemedical schools, ’s Colleg e of Medicine was amongg 36 universities to receivee a B. The University of South Floridz College of Medicine was among 18 universitiesw nationwide to receivea C. The receivedc an F because it declinedto
The PharmFree Scorecard, which was developed by AMSA and the PewPrescriptio Project, noted UM had “strong, clearly organizedf policies on individual conflicts of interest.” However, it also notex the policies could be made stronger with “sa complete ban on gifts, tightetr restrictions on samples, and a stronger firewall between industryu funding and on-site educational activities.” The projecft found 45 of 149 medical schools receiving an A, up from 29 last However, none of those A grades are in Nova Southeastern University College of Osteopathid Medicine was one of 17 medical schools to receive a D, up from an F.
The reporgt noted Nova has a “workable giftas policy” and “thorough oversight,” but suggestexd it fails to include consulting/speaking relationships and disclosuree offinancial relationships. Nova Southeastern did not immediately responx to a requestfor “Every day, medical studentes witness the increasing reach of pharmaceutical marketing and the way it can distort medical Dr. Lauren Hughes, MPH, AMSA national said in a news “By eliminating the giftsd and the misleading information that drug reps currently bring into our hospitals and academicmedical centers, we will be able to bettert practice evidence-based medicine.
And that translates into better care for our Among other statemedical schools, ’s Colleg e of Medicine was amongg 36 universities to receivee a B. The University of South Floridz College of Medicine was among 18 universitiesw nationwide to receivea C. The receivedc an F because it declinedto
Monday, December 6, 2010
Disney unveils plans for Hawaii - Los Angeles Business from bizjournals:
http://etowahcityschool.com/itemsofinterest/schoolmenu.html
The mixed-used resort includezs 350 hotel rooms and 480 vacation villas for The family-focused resort will be located on 21 acrees at & Marina in West Oahu. Disney officials expecrt the project togenerate 1,000 new jobs rangint from entry-level positions to management. Jay Rasulo, chairma of Walt Disney Parks & Resorts, declined to providde cost estimates forthe project, room pricing, whether employees migh t have labor representation, or how much access to the property local residentws will have. The resort will feature two towers, gardens, water slides, a fake volcano spa, banquet and meetinbg space, and wedding facilities.
Disney film charactersa playedby humans, such as mermaids, are expectede to play a regular role at the resort. This is Disney’es first vacation club-hotel venture to be separate from its thems parksin California, Floridw and Japan. Disney also operatesw vacation clubs inVero Beach, Fla., and Hiltobn Head, S.C. Disney announced its plans at Kapolei Honolulu’s second city hall. Honolulu Mayor Mufi City CouncilmanTodd Apo, Ko Olina developer Jeff Stone and Ko Olins resort executive John Tone attended. Rasulo said Disneyh (NYSE: DIS) is confident about the long-term prospects for Hawaii’sx tourist economy, currently in the midsrt of one of its mostseriou downturns.
The mixed-used resort includezs 350 hotel rooms and 480 vacation villas for The family-focused resort will be located on 21 acrees at & Marina in West Oahu. Disney officials expecrt the project togenerate 1,000 new jobs rangint from entry-level positions to management. Jay Rasulo, chairma of Walt Disney Parks & Resorts, declined to providde cost estimates forthe project, room pricing, whether employees migh t have labor representation, or how much access to the property local residentws will have. The resort will feature two towers, gardens, water slides, a fake volcano spa, banquet and meetinbg space, and wedding facilities.
Disney film charactersa playedby humans, such as mermaids, are expectede to play a regular role at the resort. This is Disney’es first vacation club-hotel venture to be separate from its thems parksin California, Floridw and Japan. Disney also operatesw vacation clubs inVero Beach, Fla., and Hiltobn Head, S.C. Disney announced its plans at Kapolei Honolulu’s second city hall. Honolulu Mayor Mufi City CouncilmanTodd Apo, Ko Olina developer Jeff Stone and Ko Olins resort executive John Tone attended. Rasulo said Disneyh (NYSE: DIS) is confident about the long-term prospects for Hawaii’sx tourist economy, currently in the midsrt of one of its mostseriou downturns.
Friday, December 3, 2010
Chrysler-Fiat deal crosses finish line - Triangle Business Journal:
obovadugibe.blogspot.com
The company is now knowh as and remains based inAuburh Hills, Mich. The Supreme Court, whic h had temporarily held up the deal on Monday whilwe it considered appeals by three Indiana statw pension funds and several consumer said in an ordet that the groups had not proven that the courrt neededto intervene. Chrysler and Fiat reported Wednesday they concludedf the deal duringthe morning. The plan to salvaged Chrysler will remake the company into one owned 55 percentg by a unionpension trust, 20 percentt owned by Fiat – a share that could grow to 35 percent – and the rest owned by the governmentws of the United States and Canada.
Fiat cannot obtain a majoritu stake in Chrysler untill all taxpayer fundsare repaid. "Thias is a very significant day, not only for Chryslert and itsdedicated employees, who have persevered through a greay deal of uncertainty during the past but for the global automotive industrg as a whole," said Sergio Marchionne, who was namesd CEO of Chrysler Group, in a "From the very beginning, we have been adamant that this alliancee must be a constructive and important step towards solving the problema impacting our industry. We now look forwarde to establishing a new paradigm for how automotived companies can operate profitablygoing forward.
" The new Chryslet will be managed by a nine-member board of directors, consisting of threer directors to be appointed by Fiat, four directors to be appointex by the U.S. one director to be appointed by the Canadian governmen and one director to be appointed by the UnitedAuto Workers' Retiree Medical Benefits Trust. The boards is expected to name C. Robertg Kidder as chairman. On Tuesday, a federal bankruptcy judge in New York refused toblock Chrysler's effort to pull the franchisew of 789 dealers.
The company is now knowh as and remains based inAuburh Hills, Mich. The Supreme Court, whic h had temporarily held up the deal on Monday whilwe it considered appeals by three Indiana statw pension funds and several consumer said in an ordet that the groups had not proven that the courrt neededto intervene. Chrysler and Fiat reported Wednesday they concludedf the deal duringthe morning. The plan to salvaged Chrysler will remake the company into one owned 55 percentg by a unionpension trust, 20 percentt owned by Fiat – a share that could grow to 35 percent – and the rest owned by the governmentws of the United States and Canada.
Fiat cannot obtain a majoritu stake in Chrysler untill all taxpayer fundsare repaid. "Thias is a very significant day, not only for Chryslert and itsdedicated employees, who have persevered through a greay deal of uncertainty during the past but for the global automotive industrg as a whole," said Sergio Marchionne, who was namesd CEO of Chrysler Group, in a "From the very beginning, we have been adamant that this alliancee must be a constructive and important step towards solving the problema impacting our industry. We now look forwarde to establishing a new paradigm for how automotived companies can operate profitablygoing forward.
" The new Chryslet will be managed by a nine-member board of directors, consisting of threer directors to be appointed by Fiat, four directors to be appointex by the U.S. one director to be appointed by the Canadian governmen and one director to be appointed by the UnitedAuto Workers' Retiree Medical Benefits Trust. The boards is expected to name C. Robertg Kidder as chairman. On Tuesday, a federal bankruptcy judge in New York refused toblock Chrysler's effort to pull the franchisew of 789 dealers.
Wednesday, December 1, 2010
U.S. orders $690M in swine-flu vaccine from Novartis, $71M from GSK - San Francisco Business Times:
http://myeclass.net/27.htm
The money will be used to placee additional orders on existing contracts with vaccined manufacturers includingand . The former facility in Emeryvillr is now ownedby Novartis. The government is placinh orders for antigenand adjuvant. Antigen is the active ingredient in a vaccind that triggers the immune system to developo antibodies to fight theH1N1 virus. Adjuvant is addex to boost the immune syste and reduce the amount of antigen needede forthe vaccine. The vaccine ingredients will become a part of the pandemic stockpile, for use if a vaccination campaign is necessary.
Swiss companhy Novartis (NYSE: NVS), which is buildinfg a vaccine manufacturing facility in Holly received an orderfor $346 million for antigeb and $343.8 million for adjuvant. London-based GlaxoSmithKlinew (NYSE: GSK) received an order for $71.4 million of adjuvant. In addition, received a $61.4 millionn order for antigen, and MedImmune won a $61 millioh order for its nasalflu spray. “Wed are doing our part to be as prepared as possible for the impacg that this infectious disease could have on our Health and Human Services Secretary Kathleen Sebelius said ina “Vaccines may serve an important role in that
The money will be used to placee additional orders on existing contracts with vaccined manufacturers includingand . The former facility in Emeryvillr is now ownedby Novartis. The government is placinh orders for antigenand adjuvant. Antigen is the active ingredient in a vaccind that triggers the immune system to developo antibodies to fight theH1N1 virus. Adjuvant is addex to boost the immune syste and reduce the amount of antigen needede forthe vaccine. The vaccine ingredients will become a part of the pandemic stockpile, for use if a vaccination campaign is necessary.
Swiss companhy Novartis (NYSE: NVS), which is buildinfg a vaccine manufacturing facility in Holly received an orderfor $346 million for antigeb and $343.8 million for adjuvant. London-based GlaxoSmithKlinew (NYSE: GSK) received an order for $71.4 million of adjuvant. In addition, received a $61.4 millionn order for antigen, and MedImmune won a $61 millioh order for its nasalflu spray. “Wed are doing our part to be as prepared as possible for the impacg that this infectious disease could have on our Health and Human Services Secretary Kathleen Sebelius said ina “Vaccines may serve an important role in that
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