Navigation Links
VaxGen Provides Updates and Encourages Stockholders to Vote In Favor of Proposed Merger With Raven
Date:3/20/2008

informed decision based on reliable facts and data. To that end, I would like to make the following points clear despite statements to the contrary:
-- Current Raven shareholders are indeed willing to further invest in

Raven and have agreed to invest $3.8 million to close the merger.

-- VaxGen has indeed repurchased, at a discount, a portion ($1.5 million)

of its convertible debt; the only portion for which we have received a

formal repurchase offer to date.

-- No member of the proposed senior management team of the combined

company is being, or ever has been, sued by a current or former

employer.

-- No formal offers have been received to date for two of VaxGen's assets,

the manufacturing facility and the anthrax vaccine program, despite

extensive efforts of management and professional advisors to market

these assets, nor has VaxGen received any unsolicited, alternative

offer to this merger.

The dissenting stockholders offer no tangible alternatives to the merger and indeed do not appear to agree amongst themselves as to the right course to pursue. In the event that our stockholders do not approve the merger with Raven, liquidation is perhaps the most likely alternative. However, VaxGen believes this option to be far inferior to the proposed merger in that the proceeds would be limited, with no possibility of any future upside from continuing operations, and would only be distributed to stockholders following an extensive, time consuming and expensive process.

The combined company will be both technically and financially well positioned within one of the most dynamic sectors in drug development. We are encouraged that several new biotech investors and analysts also see the value in the merged company we are proposing. For example, in her Morning Meeting Comments issued March 18th, Sharon R. Seiler, Ph.D., Senior Biotechnology Analyst of Punk, Z
'/>"/>

SOURCE VaxGen Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine news :

1. VaxGen and Raven biotechnologies Announce Signing of Definitive Merger Agreement
2. Study provides hope that some transplant patients could live free of antirejection drugs
3. Study provides hope that some transplant patients could live free of anti-rejection drugs
4. USAID Provides Additional Wildfire Assistance to Greece
5. LifeMasters Provides Tips for Maintaining a Healthy Blood Cholesterol Level
6. New knock-out gene model provides molecular clues to breast cancer
7. PreMD Provides Update on 510(k) Application for PREVU(x) POC
8. SIV infection of natural hosts provides new insights into HIV disease complexity
9. Microarray provides 3 genomic guides to breast cancer treatment decisions
10. Access Innovations Provides Support Services for Agis Network
11. Crdentias VP of Marketing, Christina Hogan, Provides Exclusive Interview on Marketing Strategy
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/25/2014)... When head lice hits a home or ... to get rid of it while keeping it from taking ... now have the solution right in their neighborhood: Lice ... Troopers provides full spectrum head lice screening and treatment services ... Sunset, Key Biscayne, Brickell, Coconut Grove, Kendall, Pinecrest and South ...
(Date:12/25/2014)... 24, 2014 (HealthDay News) -- Among early stage breast ... than half of one percent will eventually develop leukemia ... reveals. The finding comes from a review of ... and 2007, and it suggests that the risk for ... experts had previously thought. "The frequency of bone ...
(Date:12/25/2014)... 25, 2014 Plugin creators from Pixel ... A fully customizable business presentation tool made specifically for ... ProFire 5k business tool, users can now display their ... of Pixel Film Studios. “ProFire 5k gives users a ... add professionalism to a presentation” , Pixel Film Studios ...
(Date:12/24/2014)... 25, 2014 Over 700 toys, that’s ... local communities. That is 700 smiling little faces this ... Additionally over $6000 in monetary donations was given to ... of the expenses they incur through the year. Some ... A Child's Haven , Shrine's Children's Hospitals, Toys ...
(Date:12/24/2014)... New studies reveal that women under the age of ... 6, 2014, JAMA Otolaryngology*). And although many people choose to ... according to recent polls) facing hearing loss head on can ... and relates to the world. People who have benefited in ... way of:, , self-confidence , ...
Breaking Medicine News(10 mins):Health News:Coral Gables Florida Gets Ready to Be Lice-Free with Lice Troopers 2Health News:Breast Cancer Chemo Tied to Small But Significant Leukemia Risk 2Health News:Breast Cancer Chemo Tied to Small But Significant Leukemia Risk 3Health News:Announcing a new ProFire 5k plugin from Pixel Film Studios for Final Cut Pro X Professionals 2Health News:AlignLife Donates Over 700 Toys This Year 2Health News:Recent Studys Underscore the Fact That One of the Best Gifts to Give This Holiday Season is a Hearing Test 2Health News:Recent Studys Underscore the Fact That One of the Best Gifts to Give This Holiday Season is a Hearing Test 3Health News:Recent Studys Underscore the Fact That One of the Best Gifts to Give This Holiday Season is a Hearing Test 4Health News:Recent Studys Underscore the Fact That One of the Best Gifts to Give This Holiday Season is a Hearing Test 5Health News:Recent Studys Underscore the Fact That One of the Best Gifts to Give This Holiday Season is a Hearing Test 6
... are taking place at more than 1,100 facilities across ... A free online service that provides clinical trial information ... was launched this week by the University of California, ... , BreastCancerTrials.org includes information about clinical trials taking place ...
... 6 When a loved one is ... Life-Prints stores and,protects life-saving information inside a ... encryption, Life-Prints was developed in partnership,with D.A.R.E., ... for the swift recovery of a missing ...
... A new study suggests that genetic factors influence ... which could in turn be partly responsible for increased ... size of the right orbitofrontal cortex (OFC), an area ... processing and impulsive behavior, is smaller in teenagers and ...
... to fulfill promise of a cure for his ... The Diabetes Research Institute,Foundation (DRIF) announced that ... president, effective November 17, and will be,responsible for ... Karlya is well-known in the diabetes community ...
... Holdings Corp. (Nasdaq:,HMSY) today announced that it will present ... be held November 12-14, 2008 at,the Arizona Biltmore Hotel ... Hosp, CFO, will present on Wednesday,November 12th at 11:00 ... ) is the nation,s leader in,coordination of benefits and ...
... Jersey,Hospital Association and the N.J. Department of Military ... dozen national organizations in a,sweeping effort to educate ... health-related problems faced by returning,veterans., Through the ... now receive training online on how to deal ...
Cached Medicine News:Health News:Free Web Site Lists Breast Cancer Clinical Trials 2Health News:Announcing Life-Prints: Child ID Software Medical Record Storage and More ... 2Health News:Impulse control area in brain affected in teens with genetic vulnerability for alcoholism 2Health News:'Diabetes Dad' Tom Karlya Rejoins Diabetes Research Institute Foundation 2Health News:'Diabetes Dad' Tom Karlya Rejoins Diabetes Research Institute Foundation 3Health News:N.J. Hospitals, Military and Veterans Affairs Join Broad Effort to Improve Returning Vets' Healthcare 2
(Date:12/24/2014)... -- The International Trade Commission (ITC) issued its final decision in ... a notice issued on December 23, the ITC ruled in ... humidifier was invalid. BMC President, James Xu ... excited with the ITC,s decision in this case. This victory ... the very beginning on the key patents in the case. ...
(Date:12/24/2014)...  Diplomat Pharmacy, Inc. (NYSE: DPLO ), ... announce Jennifer Hagerman , Pharm.D., AE-C, senior director ... as the president of the Michigan Pharmacists Association on ... place Feb. 28, 2015, at the MPA Annual Convention ... Center in Detroit, Michigan . Hagerman ...
(Date:12/24/2014)... and LONDON , December 24, 2014 ... are expected to grow at an average rate of ... value and volume. Hip, knee and spine surgeries are ... in emerging economies they have a lower penetration. Increased ... the use of composites. Non-metallic orthopedic devices have gained ...
Breaking Medicine Technology:ITC Final Decision Goes Against ResMed (RMD) Monumental Win for 3B/BMC 2Diplomat's senior director of education and quality to be inducted as 2015 president of the Michigan Pharmacists Association 2Diplomat's senior director of education and quality to be inducted as 2015 president of the Michigan Pharmacists Association 3Use of Composites in Orthopedic Industry to Reach $596 Million by 2020 2Use of Composites in Orthopedic Industry to Reach $596 Million by 2020 3
... Calif., Nov. 19 Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA ) ... the 21st Annual Piper Jaffray Health Care Conference on Wednesday, December ... be webcast from The New York Palace Hotel in New York ... CEO. , To access the live presentation via the ...
... Part of International Internet Week of Action ... Food and Drug Administration today completed a coordinated, weeklong, ... (IIWA), intended to curb illegal actions involving medical products. ... the FDA,s Office of Criminal Investigations (OCI), in conjunction ...
Cached Medicine Technology:Alexza Pharmaceuticals to Present at the 21st Annual Piper Jaffray Health Care Conference 2Alexza Pharmaceuticals to Present at the 21st Annual Piper Jaffray Health Care Conference 3UPDATE: FDA Issues 22 Warning Letters to Web site Operators 2
Length 6 (152 mm). Greenberg Retractor Kit is supplied with two primary bars. Primary bars attach to skull clamp....
TEW serrated micro-retractor blade set....
Micro-retractor arm 12"....
The Budde Halo Retractor Side Rail Support is designed for the adaptation and attachment of the Budde Halo Brain Retractor System to the operating room table when a conventional skull clamp is not us...
Medicine Products: