Navigation Links
Novogen Announces Merger Agreement With Kai Medical And Distribution Of Mei Pharma Shares
Date:7/27/2012

SYDNEY, July 27, 2012 /PRNewswire/ -- Novogen today announced that it has entered into a merger agreement with Kai Medical, a United States based company, incorporated in Delaware, whose business is focused on sleep apnea therapy devices and wireless respiration monitoring technology.  The agreement is subject to a number of conditions including completion of due diligence and shareholder approval. 

"We are very pleased to be able to enter into a relationship with Kai Medical that provides Novogen shareholders with an opportunity to participate in the growth and success of Kai Medical's revolutionary sleep apnea therapy device," said William D. Rueckert, Chairman of the Board for Novogen.  He continued, "The sleep apnea market, Worldwide is a rapidly growing market with tremendous opportunities for companies like Kai that have a product with a distinct performance advantages.  There is a clear unmet need for patients with this condition for a convenient and effective therapy."

Bob Nakata, CEO of Kai Medical added, "Kai Medical has recently received its CE Mark for Kai Apnea, which is the key regulatory approval needed for sales in most of the world.  Kai Apnea is more comfortable to use and will likely have higher compliance than most other sleep apnea devices.  I believe that this will lead to strong growth in the coming years and am pleased that we can share this progress with Novogen shareholders through this transaction."

In addition to the merger agreement with Kai, Novogen today announced that in advance of the merger with Kai Medical and subject to shareholder approval, it will undertake a capital reduction and in specie distribution to the Novogen shareholders of the shares of MEI Pharma that it owns.

Mr. Rueckert stated, "It has been our intention for the past few years to put Novogen's largest and most important asset directly in the hands of our shareholders.  This distribution will
'/>"/>

SOURCE Novogen
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2

Related medicine technology :

1. Marshall Edwards Receives $4 Million Subscription From Novogen In Rights Offering
2. Novogen Board Approves US$4 Million Investment In Marshall Edwards Rights Offering
3. Precision Optics Corporation Announces $1 Million Order for Microprecision™ Based Endoscopes
4. Young Innovations, Inc. Announces Record Sales and EPS for the Quarter Ended March 31, 2012
5. JDRF Announces Research Collaboration with Dexcom, Inc. to Develop "Smart Transmitter" Technology to Accelerate Artificial Pancreas Studies
6. Misonix Announces New Distribution Agreement For Panama
7. University of Maryland BioPark Announces MedImmunes Dr. Bahija Jallal as Newest Member of Board of Directors for UM Health Sciences Research Park
8. Novelos Therapeutics Announces Successful Completion of First Cohort In Lung Cancer Trial With I-124-CLR1404 (LIGHT) Cancer-Targeted PET Imaging Agent at UW Carbone Cancer Center
9. Boston Scientific Announces CE Mark and European Launch of Emerge™ PTCA Dilatation Catheter
10. Soligenix Announces Further Progress with ThermoVax™ for Long-Term Vaccine ThermoStability
11. Masimo Announces New Low-Profile Infant and Neonatal Pulse Oximetry Sensors
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/24/2015)... -- Allowing more basic emergency medical service (EMS) staff ... involve opioids, according to a Centers for Disease Control ... Emergency Medical Service Providers and the Burden of Drug ... Journal of Public Health . In 2013, ... States involved prescription opioids, and more than ...
(Date:4/24/2015)... 2015  New technologies and online platforms have ... themselves about products and companies. Likewise, these same ... to market researchers seeking insights into consumer behavior. ... imperative that organizations adjust their consumer marketing playbook ... niches and growth fronts. To ...
(Date:4/24/2015)... 24, 2015 Boston Scientific Corporation (NYSE: BSX ... th Annual Healthcare Conference on May 6 in ... executive vice president and chief financial officer, and Susie ... 35-minute question and answer session regarding the company with the ... live webcast of the presentation and question and answer session ...
Breaking Medicine Technology:Expanding Naloxone use could reduce drug overdose deaths and save lives 2Expanding Naloxone use could reduce drug overdose deaths and save lives 3Pharmaceutical Industry Using New Technologies to Adjust Their Marketing and Research Approaches for Consumers 2Boston Scientific To Participate In The Deutsche Bank 40th Annual Healthcare Conference 2
... , NASHVILLE, Tenn., Nov. 17 Emdeon (NYSE: ... management solutions, today announced that it will participate in the Piper ... to 2, 2009 in New York. , The "fireside chat", featuring ... on Tuesday, December 1, 2009. A live audio webcast will ...
... , ... Board: JGBO) ("Jiangbo" or the "Company"),a pharmaceutical company with its principal ... for its first quarter,of fiscal year 2010 ended September 30, 2009. ... -- Revenues were $24.4 million, ...
Cached Medicine Technology:Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 2Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 3Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 4Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 5Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 6Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 7Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 8Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 9Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 10Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 11Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 12Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 13Jiangbo Pharmaceuticals Announces First Quarter Fiscal Year 2010 Results 14
(Date:4/25/2015)... New York (PRWEB) April 25, 2015 The ... Dr. Jerry Blaivas has been chosen by the New York ... his contributions to medicine in the field of Urology. , ... best in his speciality, Genito-Urinary diseases. He was a ... in the field of urology. Not only did he ...
(Date:4/24/2015)... CA (PRWEB) April 24, 2015 Bird B ... and residential applications now offers a complete line of bird ... to poultry farms. , New Flu Strains Threaten Pacific, Central ... 2015 USDA post , a number of highly pathogenic ... paths. The disease is often spread when wild birds enter ...
(Date:4/24/2015)... April 24, 2015 Ryadon is a ... range of capabilities and services to complement any custom ... Quantity Discount Program will be offered on all heavy ... Order 4-19: Receive 10% discount - Order 20+: Receive ... the Drawer Slides Products, Furniture ...
(Date:4/24/2015)... The 1975 have had an intense ... globe to theaters, festivals and TV performances. Now that they’ve ... their label, Dirty Hit Records, to provide clean drinking water ... launched Cadence & Cause website, this four-piece has ... and a signed photo card. Entries from this sweepstakes ...
(Date:4/24/2015)... (PRWEB) April 24, 2015 Carinsurancequotesinfo.com has ... blog post explaining how to qualify for auto ... parents can qualify for auto insurance online, without having ... post explains that single parents can reduce their auto ... released article and properly explained. , Clients can ...
Breaking Medicine News(10 mins):Health News:The 2015 Valentine Award Comes From The Heart and Goes To Famous New York Urologist 2Health News:The 2015 Valentine Award Comes From The Heart and Goes To Famous New York Urologist 3Health News:Bird B Gone Offers Solutions to Bird Flu Threat to Poultry Farms 2Health News:Bird B Gone Offers Solutions to Bird Flu Threat to Poultry Farms 3Health News:Bird B Gone Offers Solutions to Bird Flu Threat to Poultry Farms 4Health News:Ryadon Inc. Offers Quantity Drawer Slide Discount Program Nationwide in May 2015 2Health News:Ryadon Inc. Offers Quantity Drawer Slide Discount Program Nationwide in May 2015 3Health News:Internationally Recognized British Indie Rock Outfit The 1975 Partner with Cadence & Cause to Provide Clean Drinking Water to Those in Need 2Health News:Auto Insurance Discounts for Single Parents - How to Qualify for Low Rates 2
... Seniors with low incomes are more likely to develop heart ... Medicare coverage and are college-educated, a new study finds. ... concerned, lower education may not matter if a person is ... senior researcher Dr. Ali Ahmed, in an American Heart Association ...
... Hospitals that do not have cardiac surgery capability can ... hospitals that do offer cardiac surgery. That is the ... to assess whether patients do just as well having ... not offer cardiac surgery. Results of the study, ...
... Glioblastoma multiforme in the Dock Glioblastoma multiforme ... Patients with GBM have a poor prognosis because it is ... to current therapies. A team of researchers led by ... Cancer Institute, Pittsburgh has now identified a molecular pathway ...
... Nov. 14 (HealthDay News) -- Aggression in childhood is associated ... a health risk, a new study says. Researchers tracked ... who were in first, fourth and seventh grades in the ... and 2006. The results showed that childhood aggression was ...
... year and a year can feel like an eternity. With very ... Administration for this condition since 2005, the outlook is far from ... to $4.5 million in funding from the agency over the next ... study different approaches to improve the methods used to evaluate and ...
... of Granada researchers have proven that infants born to women ... weight at birth than those born to mothers living in ... to xenoestrogens, a type of environmental pollutants that act like ... establishing a correlation between estrogenic burden in pregnant women,s placenta ...
Cached Medicine News:Health News:Low-Income Seniors at Greater Risk for Heart Failure 2Health News:Patients fare just as well if their nonemergency angioplasty is performed at hospitals 2Health News:Patients fare just as well if their nonemergency angioplasty is performed at hospitals 3Health News:JCI online early table of contents: Nov. 14, 2011 2Health News:JCI online early table of contents: Nov. 14, 2011 3Health News:JCI online early table of contents: Nov. 14, 2011 4Health News:JCI online early table of contents: Nov. 14, 2011 5Health News:JCI online early table of contents: Nov. 14, 2011 6Health News:Childhood Aggression May Predict Health Woes in Adulthood 2Health News:FDA funds Rochester researchers to give chronic and acute pain clinical trials a makeover 2Health News:FDA funds Rochester researchers to give chronic and acute pain clinical trials a makeover 3Health News:Prenatal exposure to environmental pollutants determines weight and size at birth 2
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
Medicine Products: