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$SCLN will buy 3,529,412 shares of Soligenix for $3MM. $SCLN will be responsible for development, product registration and commercialization of SGX942 in Taiwan, South Korea and Vietnam. $SCLN will pay Soligenix royalties on net sales, and Soligenix will supply drug to $SCLN on a cost-plus basis while maintaining worldwide manufacturing rights.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.
It is official, with $T buying $TWX, it looks like distributors want to own the content production too. Expect some good competition between Netflix ($NFLX), AT&T, Comcast ($CMCSA) and others. However, will this be good for the consumers will not be decided soon.
$NFLX a monster move, going up. Expect making some money on Monday.