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Europe Daily Bulletin No. 8771

26 August 2004
Contents Publication in full By article 25 / 34
ECONOMIC INTERPENETRATION / (eu) biotechnology

German company BAYER has hived off its biotech respiratory drug projects into a new company called AEROVANCE, funded to the tune of USD 32 billion by a group of investors led by APAX PARTNERS. BAYER will hold a 19.9% stake in AEROVANCE. AEROVANCE will hold the rights to two lead BAYER projects, for asthma and smoker's lung.

Contents

: Note to subscribers: During the month of August, the Bulletin Quotidien Europe will appear in a reduced version
THE DAY IN POLITICS
(EU) EU/ASIA: Bernard Bot's visit to Indonesia will include negotiations over ASEM Summit
(EU) EP/UN/SECURITY COUNCIL: Hans-Gert Pottering says EU must have common permanent headquarters - Enrico Letta criticises Silvio Berlusconi
(EU) EU/AFGHANISTAN/GERMANY:
(EU) DARFUR: €20 million in humanitarian aid - Nielson appeals to armed groups
(EU) EU/MIDDLE EAST:
(EU) COUNCIL OF EUROPE/CHECHNYA:
(EU) COUNCIL OF EUROPE/GEROGIA/OSSETIA:
(EU) COUNCIL OF EUROPE/KOSOVO:
GENERAL NEWS
(EU) EU/COMPETITION: Commission opens investigation into Microsoft and Time Warner's plans to acquire ContentGuard
(EU) EU/EMU: Czech Republic hopes to join euro in 2010
(EU) EU/ECB: Trichet's confidence in "gradual recovery" for growth
(EU) EU/UKRAINE: Commission concerns on opening of Bystroye Canal in Ukraine
(EU) EU/AGRICULTURE: Commission agrees to debate future of fruit and vegetable aid scheme
(EU) EU/AGRICULTURE: Commission will confirm on 27 August early payment of dairy aid
(EU) EU/FISHERIES: Plans to extend fisheries agreement with Comores
(EU) EU/FISHERIES:
(EU) EU/JHA: Commission wants to reduce number of suspects held on remand in EU to fight against prison overcrowding
(EU) EU/SOCIAL DIALOGUE: Commission wants to optimise synergies between European, national, sectoral and corporate social dialogue
(EU) EU/COHESION/RESEARCH: Conference of Peripheral Maritime Regions of Europe stresses complementarity - Maritime dimension must become one of the EU's new priorities
(EU) EU/EDUCATION/REGIONS: 9th annual Assembly of the European Regions summer school
(EU) EU/EESC/HUNGARY: In Budapest president Briesch launches appeal for building "dynamic participatory democracy that benefited its citizens "
(EU) EU/SOCIAL:
ECONOMIC INTERPENETRATION
(EU) Chemicals:
(EU) Biotechnology:
(EU) Electronics:
(EU) Engineering:
(EU) Banking:
(EU) Finance:
(EU) Automobiles:
(EU) Aluminium:
(EU) Internet:
(EU) Retail:
€ VALUE IN DIFFERENT CURRENCIES ON 25/08/2004: