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Merck (NYSE:MRK) announced that company researchers will participate in two new collaborative efforts led by the prominent academic institutions of the University of North Carolina Chapel Hill and the University of California San Francisco to develop new approaches towards eradicating HIV, the virus that causes AIDS. Researchers from nine U.S. universities as well as Merck scientists will begin to study HIV latency and identify ways to purge persistent infection of the virus from the body. Separately, researchers at UCSF announced an international team of academic, governmental and Merck scientists will begin work on a five-year research effort to define HIV’s reservoirs, better understand the reservoirs, and test potential treatments. The National Institute of Allergy and Infectious Diseases, part of the NIH, is the primary funding organization for both of these research efforts. Merck will not receive any funding for its participation in either effort. Merck (NYSE:MRK) has a potential upside of 11.9% based on a current price of $35.68 and an average consensus analyst price target of $39.93.
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Video Length: 0
Date Found: July 11, 2011
Date Produced: July 11, 2011
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Voxant Newsroom |
July 16, 2011
Activist Investor Carl Icahn disclosed that on July 14, he sent a letter to Donald Knauss, CEO of Clorox (NYSE:CLX) with a proposal to acquire all of the issued and outstanding shares not owned for $76.50 per share net in cash. Icahn also disclosed that his affiliates have obtained a highly ...
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Voxant Newsroom |
July 16, 2011
tonight we get reaction from the firefighters union and the mayor to public safety director darren white’s abrupt retirement today. white was dogged by questions all week about a minor crash his wife was in---and why he drove her to the hospital instead of waiting for an ambulance. eddie garcia ...
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Voxant Newsroom |
July 16, 2011
Good Morning. It’s Friday, July 15, 2011. At this hour, U.S. equity futures are higher. Overseas, the Asian markets mixed, while the European markets are down. News Corp. (NASDAQ:NWSA) announced the appointment of Tom Mockridge as CEO of News International effective immediately following the ...
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Voxant Newsroom |
July 16, 2011
This is what’s in the news for Friday, July 15th. The Wall Street Journal reports that Credit Suisse Group (NYSE:CS) is the target of a U.S. Justice Department investigation into hidden Swiss offshore accounts for wealthy Americans. The Wall Street Journal reports that the Obama Administration ...
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Voxant Newsroom |
July 15, 2011
Busy schedules shouldn’t mean a scarce social life. Teri Gault from thegrocerygame.com gives you tips on how to prep your home to be "magazine-ready" even within the shortest of time frames.
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