Navigation Links
Schering-Plough CEO to Buy $2 Million in Common Shares
Date:1/18/2008
KENILWORTH, N.J., Jan. 18 /PRNewswire-FirstCall/ -- Schering-Plough Corporation announced this morning that Chairman and CEO Fred Hassan intends to make an open market purchase of $2 million of Schering-Plough Common Shares with personal funds.
"As was the case in November 2003 when I purchased $4.68 million in Schering-Plough Common Shares at an average price of $15.42 (2003 press release below), this investment in Schering-Plough reflects my long-term confidence in the company, its products (including ZETIA and VYTORIN), and our late-stage pipeline," said Hassan. "The media interpretations of the top-line ENHANCE trial results, and the resulting stock price reaction, have been deeply troubling. I firmly believe in VYTORIN and ZETIA. Further, I believe this company is now a strong and diverse global competitor, with sound long- term fundamentals, that is capable of driving long-term growth. Our mission is 'To earn trust, every day,' and this personal stock purchase reflects my faith that, together, our 50,000 dedicated Schering-Plough employees can accomplish that mission."
Hassan had wanted to purchase the stock yesterday, when the stock
closed at $21.62. However, it was determined that, under the federal
securities laws, it would be better to defer the purchase until earnings
for the fourth quarter and the full year 2007 are announced, scheduled for
Feb. 12, 2008, and the full results of the ENHANCE trial are discussed in a
scientific forum, anticipated for the American College of Cardiology
meeting in late March. Hassan committed that the purchase will then be
completed, whatever the stock price at that time. "I had already made a
significant personal investment in Schering-Plough in 2003, and I believe
that adding another $2 million to this personal investment is the right
thing to do."
BELOW: 2003 PRESS RELEASE ON CEO STOCK PURCHASE
SCHERING-PLOUGH CEO BUYS $4.68 MILLION OF COMPANY COMMON STOCK
KENILWORTH, N
'/>"/>
| SOURCE Schering-Plough Corporation Copyright©2008 PR Newswire. All rights reserved |
Related medicine news :
1. Schering-Plough/Merck Pharmaceuticals Announce FDA Filing Acceptance of New Drug Application for Loratadine/Montelukast Tablet
2. Schering-Plough Schedules Conference Call and Webcast for 2007 Third Quarter Earnings
3. Schering-Plough Reports Financial Results for Third Quarter of 2007
4. Schering-Plough CEO Calls for Four-Pronged Approach to Improving Current Health Care Environment
5. Schering-Plough Reports U.S. District Court for District of Massachusetts Finds No Liability for Subsidiary in AWP Case
6. Schering-Plough to Webcast CFO Robert J. Bertolinis Presentation at 2007 Credit Suisse Health Care Conference
7. Schering-Plough Receives Clearance From U.S. Federal Trade Commission for Planned Acquisition of Organon Biosciences N.V.
8. Schering-Plough Declares Quarterly Dividends on Common Shares and 2007 Mandatory Convertible Preferred Stock
9. Centocor, Schering-Plough Revise Agreement Covering REMICADE, Golimumab
10. Schering-Plough Board Elects Dr. Craig B. Thompson as a Director
11. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
Post Your Comments:
(Date:5/24/2013)... In a coup that surely made other Palm ... the Estetica Institute of the Palm Beaches performed eye surgeries ... morning show, “The Mo & Sally Morning Show.” The DJ’s ... with the results, giving Dr. DeLange and the team at ... Gardens, very valuable free publicity. , Dr. DeLange, the owner ...
(Date:5/24/2013)... FL (PRWEB) May 24, 2013 The producers ... May air dates for Charlotte, North Carolina. It is one ... many Fortune 500 companies. The city is populated with more ... organizations which cover residents in both North and South Carolina. ... all things medically-related can tune into WAXN-TV 64 Eyewitness News ...
(Date:5/24/2013)... 24, 2013 Fit Yummy Mummy, a ... mothers who are trying to get rid of the ... is ideal for women who want to combine exercises ... ’s Stan Stevenson, prompting an investigative review. , ... contains a wide variety of motivational strategies, nutritional plans, ...
(Date:5/24/2013)... GA (PRWEB) May 24, 2013 CBT News.com ... Sales. Gonter joins the web-based retail automotive industry news organization ... , “I’m excited to join a group that’s so ... perfect example of how online video content is on the ... in the motorcycle business and segued into advertising at Cycle ...
(Date:5/24/2013)... Residents of San Diego have a new ... expert, and Certified Russian Kettlebell Instructor, Cody Bramlett has ... San Diego, California. The classes take place Monday through ... Initial sign-ups are available online and by clicking ... for years. The bootcamps being offered in San ...
Breaking Medicine News(10 mins):Health News:Dr. Greg DeLange of the Estetica Institute Recently Performed Eye Surgery on Both Members of Popular Morning Radio Team 2Health News:Health Briefs TV Presents May Air Dates for Charlotte, North Carolina 2Health News:Fit Yummy Mummy: Review Examining Holly Rigsby’s Fitness Program Released 2[0] Dr. Greg DeLange of the Estetica Institute Recently Performed Eye Surgery on Both Members of Popular Morning Radio Team[0] Health Briefs TV Presents May Air Dates for Charlotte, North Carolina[0] Fit Yummy Mummy: Review Examining Holly Rigsby’s Fitness Program Released[0] Tom Gonter to Drive Sales at Retail Automotive News Organization CBT News[0] Kettlebell X Bootcamp Now Offered Six Days A Week in San Diego
... regulation of body weight suggests a potential mechanism underlying ... of two competing hypotheses of weight regulation. In ... General Hospital (MGH) investigators outline a system in which ... animal,s weight tends to gravitate, rather than a single ...
... R. Hill has been appointed,Interim President and CEO of ... to accept a position as president of HealthAmerica,s,Central Pennsylvania ... ) , Hill,s selection ... board of directors. , "The ...
... who allegedly was seriously injured by Medtronic, Inc.,s Infuse(R) ... by Medtronic has sued the company, according to James ... LLC.The firms, along with co-counsel Lieff, Cabraser, Heimann & ... on behalf of Paul and Susan Antonelli, of Amsterdam, ...
... too different from others , , WEDNESDAY, Jan. 14 ... go along with popular opinion in social situations, a ... resonance imaging showed that people whose opinion differed with ... response in the brain,s rostral cingulate zone (RCZ) and ...
... National Cancer Coalition (NCC) and Wyeth Pharmaceuticals (Wyeth) ... assist cancer patients in Latin America with donations ... injection) and Neumega(TM) (oprelvekin). United States Ambassador Michael ... a hand-over event held at the Instituto Nacional ...
... oust reformers, local union officers unopposedOAKLAND, Calif., Jan. ... Rosselli and all 17 other statewide officers were ... chair Debby Schneider. Their victory comes despite a ... to oust reformers in the local union from ...
Cached Medicine News:Health News:New model system may better explain regulation of body weight 2Health News:New model system may better explain regulation of body weight 3Health News:HealthPlus Names Bruce Hill Interim President and CEO 2Health News:Medtronic, Inc. and Medtronic Sofamor Danek USA, Inc. Sued for Product Liability and Promoting the Off-Label Use of Infuse(R) Bone Graft Product, According to Page Perry, LLC 2Health News:NCC and Wyeth Donation to Assist Cancer Patients in Latin America 2Health News:United Healthcare Workers Re-Elect All Statewide Officers 2New model system may better explain regulation of body weightHealthPlus Names Bruce Hill Interim President and CEOMedtronic, Inc. and Medtronic Sofamor Danek USA, Inc. Sued for Product Liability and Promoting the Off-Label Use of Infuse(R) Bone Graft Product, According to Page Perry, LLCBrain May Be Wired for Social ConformityNCC and Wyeth Donation to Assist Cancer Patients in Latin AmericaUnited Healthcare Workers Re-Elect All Statewide Officers
(Date:5/23/2013)... y PARÍS, 24 de mayo de 2013 ... un destacado desarrollador y fabricante de herramientas de ... diagnosis y tratamiento de la enfermedad vascular periférica ... ensayo ADVISE ( Ad enosine V asodilator ... valuation) II durante la sesión de ensayo clínico ...
(Date:5/23/2013)... 2013 Haemonetics Corporation (NYSE: HAE ) announced ... EVP-Business Development, will present at The Deutsche Bank 38 th ... MA on May 29, 2013 at 1:30pm Eastern ... The public may access Mr. Lindop,s presentation live via ... Haemonetics (NYSE: HAE ) is a ...
(Date:5/23/2013)... May 23, 2013 MGC Diagnostics Corporation (NASDAQ: ... technology company, today scheduled a conference call to discuss ... year 2013, ended April 30, 2013. The call will ... 2013. The Company will report financial results for the ... close on Thursday, May 30, 2013. ...
Breaking Medicine Technology:Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 2Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 3Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 4Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 5Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2 6MGC Diagnostics Corporation to Report Second Quarter Fiscal 2013 Financial Results on Thursday, May 30, 2013 2[0] Volcano anuncia los resultados preliminares del estudio ADVISE II y su inclusión en el ensayo SYNTAX2[0] Haemonetics to Present at The Deutsche Bank 38th Annual dbAccess Health Care Conference[0] MGC Diagnostics Corporation to Report Second Quarter Fiscal 2013 Financial Results on Thursday, May 30, 2013
... 24 Kewaunee Scientific Corporation (Nasdaq: KEQU ) ... July 31, 2010. Sales for the quarter were ... quarter of the prior year. This was primarily the result ... mid-sized laboratory projects and the scheduled timing of shipments in ...
... 24 Women and men with a 10-year cardiovascular ... cholesterol levels but high levels of hsCRP, a protein ... statin therapy, according to new research. (Logo: ... ) The study, published in ...
Cached Medicine Technology:Kewaunee Scientific Reports Sales and Earnings for First Quarter 2Kewaunee Scientific Reports Sales and Earnings for First Quarter 3Kewaunee Scientific Reports Sales and Earnings for First Quarter 4People at 'Intermediate Risk' of Heart Disease With Elevated hsCRP Benefit From Statin Therapy Even if Cholesterol Levels are Normal 2People at 'Intermediate Risk' of Heart Disease With Elevated hsCRP Benefit From Statin Therapy Even if Cholesterol Levels are Normal 3People at 'Intermediate Risk' of Heart Disease With Elevated hsCRP Benefit From Statin Therapy Even if Cholesterol Levels are Normal 4... evaluation of pancreatic -cell function is not only ... of the natural history of diabetes mellitus, but ... guide to the correct choice of treatment. Peripheral ... function because of the large and variable uptake ...
... for the control of glucose metabolism. It ... of Langerhans as the precursor, proinsulin, which is ... are secreted in equimolar amounts into the portal ... of two polypeptide chains, the A-chain and B-chain ...
ENA Screen EIA Auto-Immune Markers 012-MDKES1 Extractable Nuclear Antigens...
Anti-PR3 EIA Auto-Immune Markers 013-PR3-48 Proteinase...
Medicine Products:| Copyright © 2003-2012 Bio-Medicine. All rights reserved. ABOUT | CONTACT US | DISCLAIMER | PRIVACY POLICY | TERMS AND CONDITIONS |  |