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BRIEFCASE ZLB MAKES DEAL TO SUPPLY PLASMA.


Byline: - From staff and wire reports

GLENDALE - ZLB ZLB Zero Length Body
ZLB Zero Length Bit
 Bioplasma Inc. has inked a deal with US Oncology Inc. to supply a form of blood plasma blood plasma
n.
The yellow or gray-yellow, protein-containing fluid portion of blood in which the blood cells and platelets are normally suspended.
 for cancer patients to more than 800 physicians nationwide.

Known generically as immune globulin Immune globulin
Serum containing antibodies against a specific infection.

Mentioned in: Maternal to Fetal Infections
 intravenous, the blood plasma is used to fight off autoimmune infections that develop as a result of cancer treatments.

Glendale-based ZLB collects blood plasma through its laboratories in Switzerland, while Houston-based US Oncology provides cancer research services for medical centers and physicians.

Chatsworth firm completes tests

CHATSWORTH - North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 Scientific Inc. has completed testing on its Apomate kit, a bundle of molecules that make it easier for clinicians to image abdominal cancer.

The Chatsworth-based company has submitted the findings to the Society of Nuclear Medicine.

Michael Curter, president and chief executive officer of North American Scientific, said the results from the testing will significantly strengthen the company's foundation.

Bad trades found at Global Crossing

BEVERLY HILLS Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities.  - An internal study of troubled fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber  firm Global Crossing revealed that many of the company's swaps of fiber capacity with other telecommunications companies See telecom company.  were of little to no economic value, it was reported Tuesday.

The Wall Street Journal, citing two unnamed former company officials, said the three-month study found that less than 20 percent of the traded assets between companies could be added to Global Crossing's existing network in a cost-efficient manner.

Some of the deals placed assets hundreds of miles from the closest Global Crossing offices and left out some engineers from the consulting process because the trades were closed near the end of the quarter, the former employees told the newspaper.

Global Crossing spokesman Daniel Coulter said he wouldn't comment on the allegations but Chief Financial Officer Daniel Cohrs previously said that all of the company's transactions were properly accounted for.

Auction propels T-bill rates higher

WASHINGTON - Interest rates on short-term Treasury securities rose in Tuesday's auction.

The Treasury Department sold $16 billion in three-month bills at a discount rate of 1.730 percent, up from 1.715 percent last week. An additional $14 billion was sold in six-month bills at a rate of 1.830 percent, up from 1.810 percent.

The three-month rate was the highest since Feb. 4, when the bills sold for 1.735 percent. The six-month rate was the highest since Dec. 26, when the rate was 1.850 percent.

In a separate report, the Federal Reserve said Tuesday that the average yield for one-year constant maturity Treasury bills, the most popular index for making changes in adjustable rate mortgages This article is about the US mortgage type. For an international perspective, see Variable rate mortgage.

An adjustable rate mortgage (ARM) is a mortgage loan where the interest rate on the note is periodically adjusted based on an index.
, rose to 2.24 percent last week from 2.19 percent the previous week.

Honeywell names Cote as new CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  

NEWARK, N.J. - Honeywell International named David M. Cote David M. Cote is chairman and CEO of Honeywell. He was first elected president, CEO and a member of the Board of Honeywell in February 2002, and became chairman of the Board of Directors on July 1 2002.  its new chief executive officer Tuesday, replacing Lawrence A. Bossidy as head of the struggling aerospace technology company.

Bossidy, 66, said he will remain chairman and a member of the board of directors until June 30 and will then retire, keeping his promise to return for a year to turn around the maker of high-tech aerospace, automotive and security products.
COPYRIGHT 2002 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Feb 20, 2002
Words:512
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