"Sienna, Orange black on Dark Brown" by Mark Rothko is on display at Tehran's Museum of Contemporary Art (TMOCA) and is part of a collection bought in the 1970s by Farah Pahlavi ©Atta Kenare (AFP/File)
Focused on neurological and neuromuscular diseases, Bamboo's drugs are still in the preclinical or early stages of development. Pfizer is paying the Chapel Hill, North Carolina-based company $150 million upfront, and Bamboo stands to make $495 million in milestone payments.
The collection, reputed to be the greatest lineup of modern masterpieces outside of Europe and the United States, includes major works by Pablo Picasso, Joan Miro, Andy Warhol, Jackson Pollock, Mark Rothko and Francis Bacon.
"Developments in domestic and foreign markets over the past couple of weeks have been discussed in the light of the prime minister's assessments based on his impressions of meetings with foreign investors during his New York visit," one of the sources said on Sunday.
But controversy flared after the Tehran museum chief this year handed out an award for a Holocaust cartoon, and the loan project was reportedly further complicated by fears in the Islamic republic about legal claims if the pictures travel abroad.
ISTANBUL, March 8 (Reuters) - Turkish Prime Minister Ahmet Davutoglu met central bank governor Erdem Basci and senior economy officials late on Saturday following his arrival back from New York to discuss the lira's weakness, sources at the premier's office said.
Since the 1979 Islamic revolution that overthrew shah Mohammad Reza Pahlavi, the works assembled under the patronage of his wife Farah Pahlavi have not been shown together outside Iran, according to the SPK.Shang-Jun estimates, now,
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Bamboo was formed in 2014 to advance the work of Dr. Richard Jude Samulski, who is considered a pioneer in the field after he became the first to realize the potential of using adeno-associated virus's (AAV) as a vehicle to replace a defective gene with a healthy gene.
The Welfenschatz was collected for centuries by the Brunswick Cathedral in Brunswick, Germany, according to court records. In 1929, a group of Jewish art dealers in Germany bought the art from the Duke of Brunswick.
Jackson Pollock's "Mural on Indian Red Ground," pictured on November 20, 2015 at Tehran's Museum of Contemporary Art, may be part of a collection assembled under the former shah of Iran that will be displayed in Berlin ©Atta Kenare (AFP/File)
"SPK's long-standing practice shows that we are committed to the fair and just resolution of legitimate claims to Nazi-confiscated art, consistent with the Washington Conference Principles - this has not changed," Parzinger said in a statement.
The Prussian Cultural Foundation (SPK) said the claim, which seeks the return of the Welfenschatz collection including centuries-old busts of saints and golden crucifixes, was without merit and did not involve a forced sale due to Nazi persecution.
Aug 1 (Reuters) - Pfizer Inc said it had acquired privately held gene therapy developer Bamboo Therapeutics Inc in a deal worth up to $645 million to boost its presence in the treatment of rare diseases.
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Davutoglu, Deputy Prime Minister Ali Babacan and finance minister Mehmet Simsek met fund managers and bankers in New York last week in an attempt to allay concerns about the central bank's independence, fuelled by President Tayyip Erdogan's criticism of the bank and its policies.
The Prussian Cultural Heritage Foundation (SPK), which manages Berlin's main museums, said Iran's refusal to issue the necessary paperwork forced it to cancel the exhibition that had been agreed with the Tehran Museum of Contemporary Art.
The Turkish lira hit a record low of 2.6470 to the dollar on Friday, following a week of losses, weighed on by demands from Erdogan that the bank should cut interest rates more sharply. At one point he said anyone who defended high rates was guilty of "treason".