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GSK Pharma Acquires Human Genome Sciences For $3.6 Billion
2012-07-17 09:45:58

Lawrence LeBlond for redOrbit.com - Your Universe Online British pharmaceutical giant GlaxoSmithKline (GSK) has acquired US-based Human Genome Sciences (HGS) after tough negotiations saw it raise offers from an initial $2.6 billion in April, putting the final value of the deal at $3.6 billion or $14.25 per share. By securing HGS, GSK is gaining full control of the drug Benlysta, the first drug in more than 50 years to be approved by the Food and Drug Administration (FDA) for the...

2011-07-26 08:30:00

BANGALORE, India, July 26, 2011 /PRNewswire/ -- Hinduja Global Solutions (HGS), the BPO arm of multi billion dollar Hinduja Group conglomerate, unveiled their new global corporate identity today. The new logo which comes to effect immediately will be the sole company identity homogenizing business vision across all geographies. It will be sported by all units of the company around the world, including the acquired entities. The design of the new HGS logo was developed...

2010-03-25 10:00:00

MISSISSAUGA, ON, March 25 /PRNewswire-FirstCall/ - Hy-Drive's Hydrogen Generating System (HGS(R)) again proves that it can significantly improve fuel economy and reduce emissions. Professional Service Industries, Inc. (PSI) of Portland, Oregon concluded their Third-Party audit on results reported during a series of extensive tests that were completed on trucks operated by Ontario Waste Management (a division of Courtice Auto Wreckers Ltd.) of Oshawa, Ontario. The recently conducted tests...

2010-03-16 08:12:00

Hy-Drive Technologies Ltd. (HGS-V) MISSISSAUGA, ON, March 16 /PRNewswire-FirstCall/ - Hy-Drive is pleased to announce that it has signed an agreement for delivery of eighteen (18) of its Hydrogen Generating System (HGS) units to Ontario Waste Management ("OWM"), a division of Courtice Auto Wreckers Ltd., of Oshawa, Ontario. Hy-Drive will be installing the HGS units on OWM trucks over the next several weeks as trucks become available. Working closely with a team from Hy-Drive, OWM completed a...

2009-11-18 15:30:00

MISSISSAUGA, ON, Nov. 18 /PRNewswire-FirstCall/ - Hy-Drive Technologies Ltd. today announced its financial results for the three and six month period ended September 30, 2009. This release also covers Financial Statements for the Company and an accompanying MD&A released at www.sedar.com. Highlights for the three month period ended September 30, 2009: The following outlines the key events during the three months ended September 30, 2009 and up to November 17, 2009, the date of this...


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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