Ad-hoc | 21 April 2006 15:49
Rhein Biotech N.V.:RHEIN BIOTECH NV SOLD ITS SUBSIDIARY RHEIN BIOTECH GMBH TO DYNAVAX
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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RHEIN BIOTECH NV SOLD ITS SUBSIDIARY RHEIN BIOTECH GMBH TO DYNAVAX
TECHNOLOGIES CORPORATION
Maastricht, the Netherlands – April 21, 2006 – Rhein Biotech NV (‘RBNV’)
(Frankfurt, Geregelter Markt: RBO) confirms today that it sold its
subsidiary and biopharmaceutical and vaccine manufacturer Rhein Biotech
Gesellschaft fur Neue Biotechnologische Prozesse und Produkte m.b.H (‘Rhein
Düsseldorf’) to Dynavax Technologies Corporation (‘Dynavax’) (NASDAQ:DVAX),
in a cash for stock transaction as announced in the ad hoc release
published March 28, 2006. The closing of the transaction took place today.
About Rhein Biotech NV, a Crucell Company:
Since February 2006 Rhein Biotech is a Crucell Company. Crucell N.V.
(Euronext, NASDAQ: CRXL; Swiss Exchange: SXW CRX) is a biotechnology
company focused on research, development and worldwide marketing of
vaccines and antibodies that prevent and treat infectious diseases. Its
vaccines are sold in public and private markets worldwide. Crucell’s core
portfolio includes vaccines against hepatitis B and virosomal influenza.
Crucell also markets travel vaccines, such as the only oral anti-typhoid
vaccine on the market. The Company has a broad development pipeline,
including both early-stage products and products almost ready to go to
market. Several Crucell products are based on its unique PER.C6® production
technology. The Company licences this and other technologies to the
biopharmaceutical industry. Important partners and licensees include DSM
Biologics, sanofi aventis, GSK and Merck & Co. Crucell is headquartered in
Leiden (the Netherlands), with subsidiaries in Switzerland, elsewhere in
Europe, and in Korea. The Company employs about 900 people. For more
information, please visit www.crucell.com.
Crucell N.V.
Harry Suykerbuyk
Director Investor Relations and Corporate Communications
Tel. +31-(0)71-524 8718
h.suykerbuyk@crucell.com
(c)DGAP 21.04.2006
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language: English
emitter: Rhein Biotech N.V.
Oude Maasstraat 47
6229 BC Maastricht Niederlande
phone: +31 433 56 78 9-0
fax: +31 433 56 78 9-9
email: patrik.richard@bernabiotech.com
WWW: www.bernabiotech.com
ISIN: NL0000230324
WKN: 919544
indexes:
stockmarkets: Geregelter Markt in Frankfurt (General Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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