
MRGE, Merge Healthcare Inc.
** In the fourth quarter 2011, MRGE's revenue grew to $64.1 million ($65.1 million on a pro forma basis), a 39% increase compared to $46.2 million ($51.1 million on a pro forma basis) in the same period the prior year.
Adjusted EBITDA was $15.1 million, representing 23% of pro forma revenue in the quarter compared to $13.3 million and 26% in the fourth quarter of 2010.
MRGE is a leading provider of enterprise imaging and interoperability solutions. Merge solutions facilitate the sharing of images to create a more effective and efficient electronic healthcare experience for patients and physicians.
More about MRGE at www.merge.com.
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TSRX, Trius Therapeutics, Inc.
** TSRX reported the issuance of Patent # 908206 by the State Intellectual Property Office of the People's Republic of China (PRC) that protects the composition of matter of TSRX's Phase 3 investigational-drug, tedizolid phosphate, through 2024. In addition to the issuance in China, patents for tedizolid phosphate have also issued in other jurisdictions including Australia, Canada, Europe, India, Japan, Mexico, Russia and the United States.
TSRX licensed the rights to tedizolid phosphate for Asia-Pacific and emerging markets to Bayer Pharmaceuticals and recently announced receiving a $5 million milestone payment from Bayer after the successful completion of the "112" Phase 3 clinical study of tedizolid phosphate in acute bacterial skin and skin structure infections (ABSSSI). TSRX retains the rights to tedizolid in the U.S., Canada and the EU countries.
TSRX is a biopharmaceutical company focused on the discovery, development and commercialization of innovative antibiotics for life-threatening infections.
More about TSRX at www.triusrx.com.
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AEA, Advance America, Cash Advance Centers Inc.
** AEA and Grupo Elektra, S.A.B. de C.V. reported that AEA and subsidiaries of Grupo Elektra have entered into a definitive agreement under which Grupo Elektra will acquire control of all of the outstanding shares of AEA for $10.50 per share in cash. The total transaction value is approximately $780 million, including the Company's outstanding debt as of December 31, 2011.
Grupo Elektra is Latin America's leading specialty retailer and financial services company focused on the underserved market.
AEA is the leading provider of non-bank cash advance services in the United States, with approximately 2,600 centers in 29 states, the United Kingdom, and Canada.
More about AEA at www.advanceamerica.net
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