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Asbestos, Quebec, Seeks a Healthier Name Not Linked to Cancer

July 14 (Bloomberg) -- Yves Legault says it would be easier attracting employers to his Quebec hometown if its name didn't make people think of cancer.

``It's a real hurdle,'' said Legault, head of industrial promotion for the town of Asbestos. He said a window maker decided last year against opening a plant in the community because its main U.S. client said, ``If you build in Asbestos, we're not interested.''

That attitude is pushing Mayor Jean-Philippe Bachand to propose dropping the Asbestos name, a move that some of its 6,700 residents oppose. The asbestos mine owned by Mine Jeffrey Inc. is the biggest employer in the town, which is about 175 kilometers (110 miles) east of Montreal.

``Asbestos as a name doesn't sell,'' said Bachand, who plans to hold a public debate by the end of the year and then put the matter to a vote.


When Do You Need Mesothelioma Attorney – Symptoms of Cancer ...

Mesothelioma is a type of preventable cancer that is caused by inhaling the dust or particles of the deadly mineral Asbestos. The symptoms range from shortness of breath, chest pains, and persistent cough in the early stages to abdominal pain, swelling and tumors growing in the tissues that surround the heart and if left untreated could cause death within 24 months.

It has a long latency period in that the symptoms of the disease can take many years to manifest, making both diagnosis and effective treatment very difficult. Therefore, people who worked with asbestos industry perhaps thirty or forty years ago are only now being diagnosed with this disease.

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CuraGen Reports Second Quarter 2006 Financial Results

BRANFORD, Conn., July 27 /PRNewswire-FirstCall/ -- CuraGen Corporation CRGN today reported its consolidated financial results for the second quarter 2006. For the quarter ended June 30, 2006, CuraGen's consolidated net loss was $14.3 million, or $0.26 per share, compared to a net loss of $15.7 million, or $0.31 per share, for the same period in 2005. As of June 30, 2006, CuraGen had available cash and investments of $193.6 million, as compared to $211.3 million at March 31, 2006, and had outstanding 6% convertible debt of $66.2 million, due February 2007, and 4% convertible debt of $110 million, due February 2011. CuraGen also announced today it has formally engaged Goldman Sachs to examine strategic options for CuraGen's investment in 454 Life Sciences.

In the second quarter of 2006, 454 Life Sciences, CuraGen's majority-owned subsidiary, recognized a total of $9.8 million in revenue, a 188% increase compared to the same period in 2005.


Jury Awards Over $11.5 Million in Asbestos Case

San Francisco, CA (PRWEB) July 15, 2006 -- A jury awarded over $1.1 million to a Navy veteran suffering from asbestosis and $400,000 to his wife for the loss of his companionship. The defendant, Asbestos Corporation Limited, acted with malice or oppression, according to the jury, which added another $10 million in punitive damages against the company. .



 

 

 

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