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facet biotech

Abbott Laboratories announced late Tuesday that they had agreed to buy Facet Biotech for net price of $ 450 million in cash, in a move aimed at expanding the drug pipeline, including treatments for multiple sclerosis.

Under the terms of the deal, Abbott will pay $ 27 for every facet biotech share, a 67 percent premium above the closing price of biotech facet $ 16.21 on Tuesday. Facet biotech stocks jumped slightly above the offer after hours trading Abbott, earn $ 10.89, or 67.2 percent, to $ 27.10, in a sign that investors are hoping for higher bids.

In December, facet biotech rejected an unsolicited offer of $ 17.50 per share of Biogen IDEC, the partners in the development of drugs to treat multiple sclerosis daclizumab, saying the offer undervalued the company. Biogen IDEC did not immediately comment on Abbott bid.

Abbott says that the total purchase price of approximately $ 722 million, but this amount includes approximately $ 272 million in cash projections and biotech facet of securities it will receive at closing.

"This acquisition will further strengthen the ability of biological and pharmaceutical pipeline Abbott," John Leonard, Abbott's Senior Vice President for global pharmaceutical research and development, said in a statement. "Daclizumab is a promising treatment for multiple sclerosis, a disease that has a significant unmet medical needs, and have the potential to become an important treatment option for patients."

Facet biotech show that he feels justified in rejecting the offer of Biogen IDEC last year. "We believe this transaction provides a full and fair value for our shareholders and validate the potential of Facet's clinical and technology assets," Faheem Goddess, facet biotech president and chief executive, said in a statement.

Willie Davis Dead


LOS ANGELES - Willie Davis, the center is collecting quickly catching two World Series rings, three Gold Gloves and two-time All-Star during 14 seasons with the Los Angeles Dodgers, has died. He is Willie Davis.

"Willie Davis is loved by generations of Dodger fans and remains one of the most gifted player who ever wore a Dodger uniform. After spending time with Willie Davis for six years, I know how proud Willie Davis has become a Dodger. Willie Davis will certainly be missed and our sincere thoughts to his children during this difficult time, "Dodgers owner Frank McCourt said in a statement.

Willie Davis was found dead Tuesday in Burbank home, police said, adding that they did not believe foul play was involved.

Willie Davis' teammates, including Sandy Koufax, Don Drysdale, Johnny Roseboro, Junior Gilliam and Maury Wills. Willie Davis won a World Series ring in 1963 and 1965.

"Willie Davis was the only person I've ever seen a fly ball scored from second base when Willie Davis did in Vero Beach. Willie Davis run the bases is one of the best. Willie Davis pulled. Willie Davis is a man very proud and which both men. Willie Davis is a good baseball player, "Dodgers coach Manny Mota said spring training in Glendale, Ariz.

Dodgers lost the 1966 World Series to the Baltimore Orioles 4-0. In Game 2, in the final match Koufax's pitching career, Willie Davis to Fall Classic-record three errors in one inning when Willie Davis lost a fly ball in the sun, later dropped, and then overthrew third base.

During the 1965 World Series, Willie Davis stole three bases in one inning, including one in which Willie Davis had to crawl into second base after tripping and falling.

Davis left the Dodgers in 1973 and continued playing for the Montreal Expos, Texas Rangers, St. Louis Cardinals, San Diego Padres and California Angels.

Willie Davis retired after the 1979 season with an average and career, 398 stolen 279 bases.

"Willie Davis was always like a young man in my eyes because of how Willie Davis could move so easily. Time will be away from you quickly. You hope you take advantage of it and you hope you appreciate every day you're here. You just hope Willie Davis in a better place, "Dodgers manager Joe Torre said.

"When he entered the league, Willie Davis put fear in all people - outfielders, pitchers, infielders, all the people. With all the arguments that we have and the problems we face with the Dodgers, Willie Davis was always a man you would have with a word or two: 'How are you? How can you hit? "" San Francisco Giants right-wing former player Felipe Alou said in Scottsdale, Ariz., where the Giants play the White Sox in spring training games.

"I was surprised," said Alou. "Wow. Willie Davis is a great player. Willie Davis is one of the interesting players with plenty tripled and doubled. I have friends in the Dodgers, which was unusual. Willie Davis is one of them."

Alou remember a game at Dodger Stadium when Davis first hard hit single on the grounds that Alou chased and threw to second and threw him out.

"I saw the referee called Willie Davis came out and I said, 'I'm finally someone was trying to stretch a double." The next day I saw the newspaper and she said Willie Davis double. I said, 'I threw him out. "My team said:" We tagged him out. Willie Davis had passed the second. "Willie Davis is that fast.

In 1996, Willie Davis was arrested for allegedly threatening his parents with a samurai sword and ninja-style throwing stars, said Willie Davis will burn their homes if they do not give him $ 5000. Prosecutors eventually decided not to press charges.

Willie Davis's mother said it was not the first time he wanted money and Willie Davis had given him in the past. Willie Davis has been a Buddhist for more than 30 years earlier, and within six months before the attacks, has started carrying swords and daggers that Willie Davis was wearing the holster, said Willie Davis's mother.

Dodgers want to help Willie Davis, the former Dodger pitcher Don Newcombe in 1996, and received permission from the owner Peter O'Malley and then to do everything they can.

'But if you feel that someone has some kind of problem, you can not give money to improve the problem, "said Newcombe. "The Dodgers are too smart for that. We want it to be easy, but it does not work like that. We will not give money if we think that Willie Davis will use it for something other than a good use."

"If we can define the problem, Willie Davis will go to the doctor of our choosing," Newcombe said. 'Then we can have a medical diagnosis and medical opinion about what his needs. And if that diagnosis is that Willie Davis had a substance abuse problem, we will place Willie Davis in the hospital and we'll treat him for Willie Davis should be treated. The ball on the court now. Willie must make decisions about what Willie Davis had to do with the rest of his life. "

Former Dodgers general manager Buzzie Bavasi Davis once said: "Nothing is more exciting than to watch out triple Willie Davis. ... Willie Davis could be a Hall of Famer, but Willie Davis million-dollar legs and head 10 cents."

Hall of Famer Willie McCovey of the Giants said Tuesday: "There was a time, he sort of went away and I am not sure what (he). He is the existence of a strange life for a while. But Willie Davis himself straightened out. This is surprising. Many people from the past era, let's face it. '

Mota said that Davis had problems towards the end of his life "is a kind of sad to see it happen. But he was a great man. I have a lot of respect and admiration for Willie."

Willie Davis was born in Mineral Springs, Arkansas, in 1940 and moved to Los Angeles with his family when he was a child. Willie Davis attended Roosevelt High School where he became a world-class runners.

Willie Davis was recruited by the Dodgers and signed with them when he graduated in 1958, says McCourt. Two years later, he was in majors. In 1961, Willie Davis replaced Duke Snider in center field.

Davis still holds the team record of six. Willie Davis is the leader in hits franchise (2091), extra base hits (585), at-bats (7495), running (1004), three times (110) and total bases (3094).

Willie Davis set a team record in 1969 with a 31-game hitting streak. He has more than 20 stolen bases in 11 consecutive seasons.

Willie Davis appeared in several television shows, including "The Flying Nun" and "Mister Ed," usually as himself.

Layla Grace

Condolence to the family 2 years Layla Grace. Layla Grace has lost his battle to Neuroblastoma - a type of cancer.
Layla Grace's Story:

Layla Grace has a big 15-month investigation. At around 16 months of sleeping habits and appetite began to change and Layla Grace started to become more easily upset. Mid-March Layla Grace's appetite began to decline. By the time we thought we were dealing with a picky eater. Early May Layla Grace woke up one morning with swollen eyes. We took him to the doctor and Layla Grace treated for ear infections and doctors say only swollen ear infections. At the same time we note that Layla Grace's belly hard and a bit paunchy. He never defecate for several days and we were worried that Layla Grace became constipated.

The next day we brought Layla Grace to the pediatrician who put in Mirilax over the weekend and told us to call back on Monday. Layla Grace Monday morning did not eat at all, there is still a dirty diaper, Layla Grace's activity levels have decreased and rubbing your stomach and lower back and saying owie.

Our pediatrician referred us to a GI specialist to see why Layla Grace was so constipated and not eating. On Thursday, May 7th day as we sat in the GI specialist's office expecting to be told that Layla Grace will require some type of treatment for constipation, instead we hear words like cancer and leukemia. A series of X-rays and tests were ordered and we were sent home to wait for the results.

That night, about five minutes after we walked in the door we got an urgent phone call from the GI specialist told us that the test results, that things are not good and that we brought Layla Grace to the emergency room immediately and that a team of doctors will wait for us.

Layla Grace has a large cancerous tumor (Stage 4 Neuroblastoma) in the stomach. Extends from above his left kidney, at his side, on the stomach Layla Grace and wrapped around her aorta. In addition, cancer in the bone marrow.

Layla Grace's sweet we went from a normal happy and healthy for the weary, pain, and skin and bones in a matter of a week and a half.