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BDA Advises Pfizer on Divestment of Animal Vaccine Business in China to Harbin Pharmaceutical Pfizer Inc (NYSE: PFE), advised by Business Development Asia LLC, has sold its market-leading swine vaccine business in China to Harbin Pharmaceutical Group. Shanghai, China, May 29, 2010 --(PR.com)-- Business Development Asia LLC ("BDA") is pleased to announce that its client, Pfizer Inc (“Pfizer”, NYSE: PFE), the global pharmaceutical company, has sold its market-leading swine vaccine business in China to an animal health subsidiary of Harbin Pharmaceutical Group (“Hayao”), Harbin Bio-Vaccine. This divestment was required by the Anti-Trust Bureau of China’s Ministry of Commerce (“MOFCOM”) as a condition for its approval of the US$68bn Pfizer/Wyeth merger that closed in October 2009. It was the first time that a business in China has been sold as a consequence of Chinese competition authorities’ review of a global merger following the new Anti-Monopoly Law of August 2008. The transaction had to be executed within a pre-determined statutory limit of six months, failing which an independent trustee appointed by the ministry would have effected the sale. The assets sold comprised all those required to continue the manufacture and sale of Pfizer’s RespiSure and RespiSure-One swine mycoplasma hyopneumoniae (MH) vaccines in China. The MH strain of swine pneumonia causes lung lesions leading to weight loss in adult pigs - a particular concern in China which has the world’s largest national swine herd, estimated at over 500 million. Per the conditions of the divestment, Pfizer is providing technical assistance to the buyer in connection with the procurement of the raw materials for the production of the vaccines as well as training and consulting services to the relevant personnel. BDA worked with Pfizer’s legal advisers Clifford Chance and King & Wood during the mandate. Terms of the transaction were not disclosed. BDA Deal Team About Pfizer Pfizer Inc. is a research-based, global biopharmaceutical company. Pfizer’s diversified global health care portfolio includes human and animal biologic and small molecule medicines and vaccines, as well as nutritional products and many of the world’s best-known consumer health care products. Pfizer works across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases of our time. As the world’s leading biopharmaceutical company, Pfizer also collaborates with other biopharmaceutical companies, health care providers, governments and local communities to support and expand access to reliable, affordable health care around the world. About Harbin Pharmaceutical Group Harbin Pharmaceutical Group Holding Co Ltd, based in Harbin, China, is a leading domestic pharmaceutical company in China. The Company is a manufacturer and distributor of generic antibiotics drugs and one of the best-known branded marketers of over-the-counter and nutritional supplement products in China. The Company’s major subsidiaries Harbin Pharmaceutical Group Co Ltd and Sanjing Pharmaceutical Co Ltd are listed on the Shanghai Stock Exchange. In 2005, Warburg Pincus led an investment consortium to acquire control of the Company from the Harbin City Government, which remains the single largest shareholder. The group’s annual sales in 2008 exceeded US$2 billion. It plays a key role in enacting China’s healthcare reform that began in April 2009. The government plans to spend US$12.5 billion in the next three years to provide accessible and affordable healthcare to the China’s 1.3 billion citizens. About Business Development Asia Business Development Asia LLC (“BDA”) assists multinational corporate and financial sector clients to identify and execute acquisitions, divestments, JVs, restructuring and capital raising, in Asia and internationally. The company is headquartered in New York with offices in London, Bahrain, Mumbai, Hong Kong, Shanghai, Seoul, and Tokyo. BDA employs 50 full-time professional staff across its eight offices, supplemented by a team of senior advisors around the world. BDA's clients include Air Products, Areva, AXA Private Equity, Cadbury Schweppes, Celestica, Clariant, DIC, DuPont, Ecolab, Godrej, Hanjin, Hercules, Huntsman, Kennametal, Kimberly-Clark, Lear, Lubrizol, Mars, Molex, Morgan Stanley, Nalco, Pfizer, Rexel, Reuters, Rohm & Haas, Ryder, Siemens, SigmaKalon, Sumitomo Chemical, Sun Chemical, TATA, Tenneco, Tredegar, Visteon, WestLB, WR Grace, and the British Government. Further information on BDA is available at www.bdallc.com. For more information regarding this transaction, please contact Jeffrey Wang or Mark Webster in Shanghai on +86 (21) 5407-5580, or Euan Rellie in New York on +1 (212) 265-5300. BIOMIN Takes a Lead at Poultry Conference As the main (Diamond) sponsor of the upcoming 13th European Poultry Conference in August, BIOMIN showcases its commitment to advancing poultry science and nutrition. Tours, France, May 29, 2010 --(PR.com)-- BIOMIN is pleased to be the main sponsor of this year’s European Poultry Conference. Over 1,200 experts in the fields of poultry science and nutrition from all over the world are expected to converge for the conference in the city of Tours, France from 23 to 27 August 2010. Organized by the World Poultry Science Association, the 13th European Poultry Conference will cover a broad range of topics such as poultry nutrition, pathology, product safety, welfare and behaviour, economics and marketing, education, environment, genetics, product quality, production systems and reproduction. These seminars will be held from 23 to 26 August. Technical visits to farms and facilities will take place on the final day, 27 Aug. BIOMIN will present two technical seminars on issues that plague the poultry industry. The first explores the topic of “Natural Growth Promoters: From the scientific concept to actual field application,” and will be held on 23 Aug. a day prior to the official event, beginning with 4 pm. Pre-registration is recommended for this BIOMIN seminar. More information about this session you can find at epc2010.biomin.net. Within the first seminar are three sessions that address the efficacies of natural growth promoters. Phytogenic applications in poultry nutrition will be the focus of the first session. The second session will centre on the role of probiotics in improving poultry performance, while the third and final session will look at additives and how combined applications can be utilized successfully in feed and water. The second seminar, to be held on 25 Aug, will highlight mycotoxin related issues in poultry and the use of enzyme deactivation to counter these effects. As Diamond Sponsor for this year’s conference, BIOMIN will also sponsor the gala dinner, hosted on the night of 25 Aug. This dinner is open to all conference participants, and pre-registration is required. A long involvement in the European Poultry Conference notwithstanding, this is the first year BIOMIN is placing its biggest ever sponsorship for the conference. Alongside its commitment as Diamond Sponsor, BIOMIN will continue in its endeavour to being a reliable partner for its customers in the long term, by working to advance technical expertise in nutrition and providing solutions that meet the needs of the global poultry business. NOAA to increase data collection on Gulf red snapper to address oil spill impacts Florida May 14, 2010 - The Florida Fish and Wildlife Conservation Commission (FWC) and NOAA Fisheries Service are keeping a close eye on the BP oil spill. So far the only impacts off Florida's coast have been in the form of fishing closures well offshore in federal waters where oil has been spotted. Fishing continues to be open in the vast majority of Gulf of Mexico waters. With the approach of the June 1 opening of red snapper season, the FWC and NOAA Fisheries Service are working closely together to allow as much fishing as possible while being prepared for the possibility of impacts. In fact, preparations are under way to collect and analyze information on the number of fish harvested by charter boats in the Gulf more frequently. NOAA Fisheries Service, in cooperation with the Gulf States Marine Fisheries Commission, will provide the FWC with additional funding to increase its monitoring efforts to give fisheries managers the information they need to possibly adjust or extend fishing seasons, such as the recreational Gulf red snapper season, if that is warranted. Gov. Charlie Crist expressed appreciation for this effort. "I am pleased to hear of this action to help Florida's charter boat industry and recreational fishermen. They need all the support we can give them during this unprecedented crisis." The FWC and NOAA Fisheries Service are exploring ways to ease harmful economic impacts that Florida's fishing industries are experiencing because of the BP oil spill in the Gulf. Thanks to a rapid response and commitment of federal support, the FWC will be able to hire and train more people in Florida to survey fishing activity in the Gulf, and to do the surveys a weekly basis. "Gulf charter fishermen have raised concerns to us that they are likely to lose customers this spring and summer due to public perception that fishing will be affected by the oil spill," said Steve Murawski, Chief Scientist for NOAA Fisheries Service. "If that happens, there would likely be fewer red snapper and other reef fish caught in the Gulf, and collecting data more quickly might allow fisheries managers to extend some fishing seasons if angler fishing effort decreases because of the oil spill." With the additional federal funds, the FWC will work to be ready by June 1 - when the Gulf recreational red snapper season is scheduled to reopen - to survey Gulf charter boat catches each week during the 53-day season to see if catch rates are lower than previously anticipated. If so, state and federal fisheries managers could use that information to determine if the season can be extended or if an additional period of harvest can be allowed later in the year. The recreational red snapper season in the Gulf will remain closed until June 1. For more information on red snapper management rules and research efforts, go to Special season for capture and removal of reptiles of concern ends The six-week special season for capture and removal of reptiles of concern from state-managed lands around the Everglades has come to an end with no reported harvests. But beginning in late August, those with a hunting license and a $26 wildlife management area (WMA) permit will again have the opportunity to capture and remove nonnative reptiles from public lands. Reptiles of concern include the Burmese python, reticulated python, northern and southern African rock python, amethystine or scrub python, green anaconda and Nile monitor lizard. Biologists with the Florida Fish and Wildlife Conservation Commission (FWC) believe the winter cold snap dramatically reduced the numbers of Burmese pythons in the wild. "Based on observations and reports from python removal permit holders, biologists and hunters, we believe 50 percent of the wild Burmese python population died as a result of the record cold weather," said Scott Hardin, the FWC's Exotic Species Section leader. "These seasonal kills are beneficial in helping to control nonnative reptile populations." The cold snap occurred immediately before the pythons' mating season, and FWC officials hope it hindered this year's reproductive season. However, a portion of the population did survive and still poses a threat to South Florida if not managed properly. The FWC recognizes that there are many local hunters who really know the swamps and woods where they hunt and have a vested interest in helping rid South Florida of these invasive, nonnative reptiles. Beginning Aug. 28, licensed hunters who also have the necessary permits (wildlife management area permit, archery or muzzleloading gun permit, quota permit) will be allowed to harvest reptiles of concern on Everglades, Holey Land, Rotenberger and Big Cypress WMAs during established hunting seasons on each WMA. Note that the take of reptiles of concern on Big Cypress WMA does not begin until Sept. 4. At that time, any reptile of concern taken from Big Cypress must be checked in at one of the area's six check stations. For more information about hunting seasons and regulations, visit MyFWC.com/Hunting.
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