Angel Biotechnology signs long term agreement with Estonia

Angel Biotechnology Holdings Plc. said it has signed a long-term agreement with EPhaG A.S., an Estonian pharmaceutical company, under which the company provides the biomanufacturing resources required by EPhaG.

The company said initially the agreement is likely to comprise production of four products to support development, clinical research and commercial activities over the next three years, for which it will get royalty payments for five years on the sale of the first three products.

Angel Biotechnology Holdings said EPhaG will make an investment of 1 million pounds in the company, 617,023 pounds as a placement to buy shares at 0.275 pence a share, and 382,977 pounds as a convertible loan carrying a commercial rate of interest. It said the loan is designed to convert or be redeemed at the option of EPhaG after 12 months and can be repaid by Angel after 18 months from the date of the agreement.

Copyright Thomson Financial News Limited 2008
Source http://hemscott.com/news/latest-news/item.do

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Tallinn's bronze soldier

Three: two to fight, and one to film it. It is easy to get some yobbos to attack a policeman; if he hits back, the footage can be made to look disproportionately brutal. That is what worries Estonians as the anniversary of last year’s "bronze soldier" riots in Tallinn looms. Few people can look back on those events and reckon they got everything right.

Estonian politicians used unfortunate rhetoric, and may have been overhasty in moving the capital’s best-known Soviet war-memorial in what seemed to at least some local Russians as an act of vindictiveness. That provoked (perhaps stoked by the Kremlin) the worst unrest in Estonia since independence.

AFP Kremlin vanguard? The bronze soldier replaced a wooden memorial blown up in 1946 by Aili Jurgenson, then 14, and Ageeda Paavel, who was 15. Both were punished with long terms in the Gulag. The two girls were upset by the way in which Soviet forces had been systematically obliterating memorials to Estonia’s fallen soldiers from the war of independence.

That highlights the gulf in perception about what the "victory" was about. The Soviet soldiers may have sincerely thought that they had "liberated" the Baltic states (just as many of those who invaded Czechoslovakia in 1968 believed they were in West Germany). But for the locals, they were just one occupying force replacing another. The monument now stands in a dignified and prominent position in a multinational military cemetery, along with British and German war dead.

But that will not appease the Kremlin, which seems to be relaunching a propaganda offensive against Estonia and Latvia. At the NATO summit in Bucharest, President Vladimir Putin blamed the alliance for not forcing the two countries to give equal rights to "Russians" (by which he meant Soviet migrants stranded by the empire’s collapse). That issue can’t be solved neatly. Fairest to the remaining non-citizens-about 300,000 in Latvia and over 100,000 in Estonia-would be automatic naturalisation.

That would be perhaps more palatable now for the host countries than it was in the early 1990s, when reborn statehood seemed terrifyingly fragile. But it would be unfair to the people who have suffered most from the ruinous occupation that started in 1940: the citizens of the prewar republics and their descendants, who were close to being a minority in their own countries by 1991. Grim post-Soviet mortality rates will shrink the problem eventually.

But for now it is hard to see a good outcome. One approach would be to put more money and effort into encouraging many more non-citizens to take local citizenship (which chiefly involves passing a language exam). Tens of thousands have already done this. Second is continuing with the existing approach; this will need increased efforts to maintain foreign support as Russian pressure increases.

Source http://economist.com/world/europe/displaystory.cfm

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Estonia, Kosovo to establish diplomatic relations

Kosovo Deputy Prime Minister Rame Manaj and Estonian Foreign Minister Urmas Paet are scheduled to sign the protocol establishing diplomatic relations in the Estonian capital Tallinn. Estonia is to become the first of the three Baltic States to establish diplomatic relations with Kosovo.

The Baltic nation recognized Kosovo's independence on February 21, days after Kosovo declared independence from Serbia on February 17. Kosovo has been formally recognized by 36 countries, of which Albania, Austria, Britain, Germany, Switzerland and the United States have opened embassies in Kosovo's capital Pristina. Be the first to comment!

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Source http://news.monstersandcritics.com/europe/news/article_14016~

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