GenVec, Inc. (Nasdaq:GNVC), a biopharmaceutical company using differentiated, proprietary technologies to create superior therapeutics and vaccines, announced that it has extended its Research Collaboration and License Agreement with Novartis. Under the extension, Novartis will fund research at GenVec through January 2013 to support its hearing loss and balance disorders program.
In January 2010, GenVec entered into a worldwide licensing and collaboration agreement with Novartis to discover and develop novel treatments for hearing loss and balance disorders. Under the terms of the agreement, if certain clinical, regulatory, and sales milestones are met, GenVec is eligible to receive up to $213.6 million, including upfront and milestone payments in addition to royalties on future sales.
In August 2010, GenVec entered into an additional agreement with Novartis, to manufacture clinical trial material for up to two lead product candidates for this program.
GenVec is a biopharmaceutical company using differentiated, proprietary technologies to create superior therapeutics and vaccines. A key component of our strategy is to develop and commercialize our product candidates through collaborations. GenVec is working with leading companies and organizations such as Novartis, Merial, and the U.S. Government to support a portfolio of product programs that address the prevention and treatment of a number of significant human and animal health concerns. GenVec's development programs address therapeutic areas such as hearing loss and balance disorders; as well as vaccines against infectious diseases including respiratory syncytial virus (RSV), herpes simplex virus (HSV), dengue fever, influenza, malaria, and human immunodeficiency virus (HIV). In the area of animal health we are developing vaccines against foot-and-mouth disease (FMD).
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Penn Virginia Corporation (NYSE:PVA) announced that it will release its fourth quarter and full-year 2011 results after the market closes on Wednesday, February 22, 2012 and hold a conference call / webcast on Thursday, February 23, 2012 at 10:00 a.m. ET.
Penn Virginia Corporation, an independent oil and gas company, engages in the exploration, development, and production of natural gas and oil in various domestic onshore regions of the United States, including Texas, Appalachia, the Mid-Continent, and Mississippi.
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General Growth Properties, Inc. (NYSE:GGP) announced the tax reporting information for 2011 distributions on its common stock. For 2011, $0.826000 per common share was distributed in the form of cash and Rouse Properties, Inc. common stock. Of this amount, $0.599298 per common share is taxable in 2011. The remainder of $0.226702 will be taxable in 2012. Distributions include an allocation of Unrecaptured Section 1250 Gain which is included in the Capital Gain Distribution figures. Federal Form 1099 will be mailed no later than January 31, 2012. Taxability of the 2011 distributions is not necessarily indicative of future distributions.
General Growth Properties, Inc. owns or has an interest in 136 regional shopping malls comprising approximately 140 million square feet of gross leasable area in the United States.
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Amazon.com, Inc. (NASDAQ:AMZN) announced that it will hold a conference call to discuss its fourth quarter 2011 financial results on January 31, 2012, at 2:00 p.m. PT/5:00 p.m. ET. The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir.
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates retail Web sites, including amazon.com and amazon.ca.
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