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Roche forges new diagnostic alliance

This content was published on Jan 8, 2001 Under the three-year deal, Millennium will receive a licensing fee, royalties and funding for research. Roche gets certain research and development rights and will market products resulting from the alliance. “The combination of Roche’s world-class strength in diagnostics with Millennium’s strong position in genomics and proteomics will bring revolutionary diagnostic products to the market,” said…

Star-gazers prepare for lunar eclipse

This content was published on Jan 7, 2001 Weather permitting, the rare spectacle will see the full moon turn ochre and copper-coloured for just over an hour, before returning to its full brilliance. The phenomenon has not created the same sort of excitement as the total eclipse of the sun visible in parts of Europe in August 1999, partly because it is a…

Business Outlook

This content was published on Jan 7, 2001 Getting results in early is the medical technology group, Synthestretic, which is scheduled to produce its figures on Thursday. The company has regularly recorded sales growth of around 15 to 20 per cent in recent years, with net profit figures normally around 20 to 30 per cent. Analysts expect similar results to be announced this…

Franc stronger against major currencies

This content was published on Jan 6, 2001 The biggest gain was made against the Japanese yen (plus 8.4 per cent), but there were also above average gains against the dollar (plus 5.3 per cent) and against the British pound (plus 2.8 per cent). The ministry said on Saturday the franc had made much more moderate gains against the common European currency. The…

Geneva dogs are first to get electronic chips

This content was published on Jan 6, 2001 Owners have until the end of the month to have the device fitted or face a stiff fine. The “electronic flea” is a small chip inserted via a needle into the dog’s left shoulder. The authorities say they firmly believe the new system will be more effective than the old one. “Since 1967, all dogs…

The business week in Switzerland

This content was published on Jan 6, 2001 Most Swiss economists welcomed the US move to cut rates by half a per cent, and said there would be no negative impact on the Swiss economy. The rate reduction was designed to boost the American economy, which has shown signs of slowing down in recent weeks, in a bid to prevent a much-feared “hard…

Zurich buys stake in Chinese insurance market

This content was published on Jan 5, 2001 Zurich’s investment in what is also China’s fourth largest life insurer amounts to $39 million (SFr62.79 million). Its participation has been carried out by a share capital increase of New China Life with three other foreign investors. The deal comes three months after the Swiss economics minister, Pascal Couchepin, signed an agreement on the sale…

Swiss palates warm to foreign beer

This content was published on Jan 5, 2001 The Swiss Brewers Association is playing down the ongoing slump, which has seen the sales of beer produced by local market leader, Feldschlösschen-Hürlimann, fall by 20 per cent over the past six years. The association’s director, Konrad Studerus, said the decline was being offset by increasing sales of beers produced locally under licence. “Thanks to…

Swiss create first investment fund for biomed stocks

This content was published on Jan 5, 2001 Adamant Biomedical Investments was formed by Swiss Life Asset Management – a wholly owned subsidiary of the Swiss Life insurance company – with three former partners of the Bellevue banking group. A statement on Friday said that Swiss Life Asset Management would own 51 per cent of the new company and that a future listing…

Diplomats in Switzerland get a change of clothes

This content was published on Jan 4, 2001 The first official measure taken by the new president, Moritz Leuenberger, means that the morning coat will no longer be required. Just before taking over the mainly ceremonial, annually rotating role of president, Leuenberger said he planned to simplify and modernise a variety of protocol rules. Ambassadors will now only have to wear a dark…

Internal: Archive

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Internal: Archive

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Roche forges new diagnostic alliance

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Star-gazers prepare for lunar eclipse

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Business Outlook

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Franc stronger against major currencies

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Geneva dogs are first to get electronic chips

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The business week in Switzerland

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Zurich buys stake in Chinese insurance market

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Swiss palates warm to foreign beer

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Swiss create first investment fund for biomed stocks

More

Diplomats in Switzerland get a change of clothes

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