Medigene AG
MediGene AG english
Ad hoc announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
MEDIGENE AG FOCUSES ON CORE COMPETENCIES AND DIVESTS FROM SERVICE BUSINESS
MediGene focusses on core competencies and divests from service business by
selling its 30% stake in spin-off MediGenomix to Eurofins Scientific.
May 28, 2001. The internationally operating biopharmaceutical company
MediGene AG (NMarkt MDG) announced today that it sells its 30% stake in
MediGenomix GmbH to the bioanalytical company EUROFINS SCIENTIFIC AG. Financial
details were not disclosed.
The innovative bioanalytical company MediGenomix, a MediGene spin-off founded
in 1998, offers services for the research in various sectors of the applied
DNA-analysis. This includes e.g. paternity tests & forensics, genotyping for
the animal and plant breeding as well as pedigree analyses for animal keepers,
food and environmental analyses, pharmacogenetics, service sequencing as well
as genome sequencing and bioinformatics.
The divesture of MediGenomix confirms MediGene’s business strategy to focus on
research, development and commercialization of novel drugs for the treatment of
cardiac and cancer diseases. The transaction gives MediGenomix the opportunity
to further grow in the applied genomic service market, which is clearly outside
of MediGene’s core business. MediGene receives cash for the transaction which
can now be invested in its core projects.
For further information please contact: http://www.medigene.de ;
investor@medigene.de
Christine Bohner, Public Relations phone: ++49 – 89 – 89 56 32 – 16
Michael Nettersheim, Investor Relations phone: ++49 – 89 – 89 56 32 – 46
end of ad hoc announcement (c) DGAP 28.05.2001
——————————————————————————–
WKN: 502090; Index: NEMAX- 50
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
280832 Mai 01
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found