Chiron confirms discussions.EMERYVILLE, Calif.--(BUSINESS WIRE)--Nov. 11, 1994--Chiron Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CHIR CHIR Chiricahua National Monument (US National Park Service) ) confirmed Friday that it is in discussions with another company regarding a potential strategic alliance that would include the other company acquiring a very substantial minority equity investment in Chiron. Chiron said that no agreement has been reached and that there is no assurance any transaction will result. Chiron is a biotechnology company headquartered in Emeryville. Chiron is building a healthcare business that addresses needs in several markets: diagnostics, including immunodiagnostics and new quantitative tests based on nucleic acid nucleic acid, any of a group of organic substances found in the chromosomes of living cells and viruses that play a central role in the storage and replication of hereditary information and in the expression of this information through protein synthesis. probe technology; adult and pediatric pediatric /pe·di·at·ric/ (pe?de-at´rik) pertaining to the health of children. pe·di·at·ric adj. Of or relating to pediatrics. vaccines; therapeutics, with an emphasis on oncology, serious infectious diseases and other diseases requiring critical care; and ophthalmology through the surgical correction of vision. CONTACT: Chiron Corp., Emeryville Larry Kurtz, 510/601-2476 |
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