Winnipeg Free Press

Tuesday, October 07, 1997

Issue date: Tuesday, October 7, 1997
Pages available: 111
Previous edition: Monday, October 6, 1997

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  • Location: Winnipeg, Manitoba
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Winnipeg Free Press (Newspaper) - October 7, 1997, Winnipeg, Manitoba Rice Giftos Nofal savings Bonds on Sale Tore Call us for a Flamm Vattai local october 1997 John Douglas 6977292 features Buzz Currie email a3 nov pharm fined million by Bud Robert idol staff reporter a generic drug company has been slapped with a lion Fine for contempt of Manitoba court of Queens Bench Justice Jeffrey Oliphant ordered nov pharm to pay the Fine As part of a ruling involving rival drug manufacturer Apo Tex and its Winnipeg Apo Tex fermentation nov pharm was also ordered to pay Apo text court and Sydney a nov pharm was contempt penalty biggest lawyer has seen in Canada fined they stood to gain huge amounts of Money from their Apo Tex lawyer Patrick Tiey said last he added that the Fine is the largest penalty he has even heard of if its important that the courts Send a message that even Large corporations have to obey court this will Send that message very 1 in nov pharm was ordered to pay million to its chief Over the development of an ant cholesterol the compensation stemmed from a 1995 court decision if which a court of Queens Bench judge ruled that a for Mer Apo Tex employee stole samples and technology from the Winnipeg the technology was theft transferred to a nov pharm Plant in Slovenia in Southern the drug could generate worldwide sales of up to billion a in a subsequent nov pharm was also found in contempt of two court orders by withholding Docu ments and breaching an injunction that banned it from working on the drug while the matter was before the the contemptuous conduct Here 1 motivated by a mixture of unadulterated greed on nov Pharms fuelled by what must be one of the most bitter Busi Ness rivalries t have Ever Oliphant wrote in his if citizens cannot be confident that they can rely upon the Protection afforded by an order of the the court becomes irrelevant As the Lehi borisminkeviovw1nnipeq free press Canada geese Stop for some rest and relaxation at Woodsworth Park off Selkirk As part of their annual migration goggles of geese gather for big Fly past by Bill Redekop staff reporter Oak Hammock Marsh could Host up to half a million water fowl in one Day this you hear stories about the 1930s and 1940s of the sky being Black with and its almost like said Cathy the Sites Public program the Hal million Mark will be the Peak of the annual migratory sea son for the nature the pre Cise Day for the Peak will depend on the Shaluk Bird counts Are High this year because the Snow Goose population like that of Canada geese has exploded in recent threaten ing to strip food supplies in far North habitats beyond natures Abil Ity to replenish Canada geese from Northern areas started to make their Way South about three weeks Shaluk and Tundra geese have also started to on the first Large goggles of Snow geese flew there expected to hang around the Winnipeg area for about a week before continuing Snow geese Are like Canada and will be dining in Farmers farm ers have completed harvesting so they wont Snow geese Are White with Black tips on their there coming from Northern Manitoba and South Ern Northwest and Are headed for Mexico and Gulf of Mexico waterfowl usually pass through Southern Manitoba on their Migra tory routes by Shaluk Cle by which disputes Between corporate or Are resolved in a peaceful he added that while he Felt some measure of sympathy for he is convinced that Smith was caught up in the bitter rivalry Between nov pharm and the two Toronto companies control about 90 per cent of Canadas Market for generic copies of bran name pharmaceuticals that have lost their Patent neither nov pharm executives nor Apo Tex officials could be reached for comment last failed internet mall lost hundreds of thousands Deal needs probe nip by David Kuxhaus legislature reporter resale housing Market booming consumer Confidence More important than interest rates Wreb by Bud Robertson staff reporter Derek Thorvaldson saw interest rates were staying Low and the Economy didst seem to be about to take a and like Many Winnipeg Home the 45yearold real Tor decided to take the plunge and move up to a More expensive House a decision that has helped boost resale House sales in Winnipeg by five per cent this you can pick up a Nice Home and the prices Arent out of said adding the lower inter est rates allowed him to buy a Home in Linden Woods and make the same kind of payments he was Mak ing before on a Lowe priced Home in the same area the Winnipeg real estate Board reported yesterday that year Odate multiple listing service sales and Dol Lar volumes Are up five per while the average Selling Price is up one per at on Canadas big Banks dropped Lon term mortgage rates to their lowest Point in More than 30 but interest rates dont play As Large a role As jobs and consumer Confidence when it comes to the move up said Wreb spokesman Peter the Market in for exam the Best of any in the is linked to a Strong aerospace said the move up Market has also kept sales Strong this year in Neighbour hoods like Charleswood and River he Squire noted House sales in septem ber slipped five per cent from the same month last but that really int anything to worry he last september was the beginning of our major surge last he it was a really unusual Boom that happened to occur at the end of the Terry a senior Market Ana Lyst with Canada mortgage and hous ing corporation in noted that nearly 70 per cent of Homes on the mls listings Are 25 years old or its an indication that firs time homeowners Are taking advantage of the interest rates and moving into More expensive Home than they May have previously said instead of looking at a they can now afford to buy a Home in the to Price As a we Are starting to see a higher number of Lowe ended under that have been sitting on the said Homes in upscale neighbourhoods like Linden Woods Are sell ing for far less than what people paid for them thanks partly to company transfers to other said Glen a realtor at Royal Depages South Winnipeg Mcangus said he has seen resale House prices in Linden Woods fall to from More than when the Homes were purchased in Many he corporations Are paying transferred employees full Price for their then turning around and Selling them at a loss in order to move the new democrats yesterday demanded the provincial auditor review the governments Deal Ings with Man Globe virtual Corpora Tion venture that lost hundreds of thousands of tax the company closed its doors last Man Globe had received a Grant from the provincial government and another from Ottawa to set up a local internet mall for retail nip consumer affairs critic Jim Maloway said Man Globe was a bad investment right from the the owner had no track record and if the government had done any investigating they would have found she had a poor credit said Mal Maloway said the company presi Tracey had two Sepa rate judgments against her one for in get and another from Rev Enue Canada for Maloway said politics seemed to take precedence Over Good business prac he said Deleeuw had close ties with the provincial Deleeuw could not be reached for Industry minister Jim Downey dismissed Maloway saying not every business is a Downey said the government want the Only one who thought Man Globe had while still a Crown Manitoba telecoms services invested More than in the the Royal Bank also formed a partnership with Man Globe to explore Cross marketing How both companies pulled out of their respective deals earlier this Maloway said the company never even came close to meeting the Rosy projections of creating 400 provincial auditor Jon Singleton said he will conduct a preliminary review of the a decision will be made within the next month whether any further investigation is the 1998 a new a new no maintenance transmission that memorizes your driving Stylea new multiplex electronics system adapted from the ser Spase in More than in the Only thing that Hast changed in is the passion they for More infer Malgi see your Jaggar or Call j80qxj a 1081765 Sargent Winnipeg ;