Novo AS Invests in Ophthotech Corporation

Novo AS invests in Ophhtotech Corporation for the further development of drug Fovista. In an announcement made today, Ophthotech Corporation said it was able to raise US$175 million in funding to finance the global Phase 3 clinical program of its lead medication Fovista.


Warburg Pincus Invests in Vingroup of Vietnam

Warburg Pincus leads a consortium to invest in Vingroup Joint Stock Co. The private equity owner of the Neiman Marcus Group Inc, Warburg Pincus LLC, would be leading a consortium that would invest nearly US$325 million in Vingroup Joint Stock Co of Vietnam.

Optus Satellite to be Bidded Out

Optus Satellite is being sold in an auction by owner SingTel to raise funds for its other corporate endeavors.

National Security Agreement Forged for Sprint-Softbank Deal

An agreement addressing national security concerns was entered into between Sprint Nextel, Softbank and the US government.


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