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France TÈlÈcom ranks no. 71 on FORTUNE's Global 500 this year, with $60.9 billion in revenues, up 3.9% from the previous year. The Paris, France-based company was ranked no. 63 on the 2005 list. Its 2005 profits were $7.1 billion, up 104.9% from a year earlier. 2005 was a banner year for most Global 500 companies.
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Good news for French iPod fans as lawmakers in France approved a softened copyright law that allows a workaround for Apple to keep their iTunes and iPod in the market. The law still tries to make Apple open up their online music service to other MP3 players, but ... has a loophole that allows companies like Apple to make a deal with copyright holders—the record companies—to keep the iTunes/iPod bundling intact. more
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Novagali Pharma SA is an emerging ophthalmic pharmaceutical company based in the Genopole biocluster in Evry, France, that develops innovative products for all segments of the eye. Thanks to its proprietary technology platforms Novasorb® and Eyeject®, the company has developed a broad pipeline of innovative products addressing main ocular conditions as well as orphan diseases. Most advanced products include Vekacia®, an orphan product for treatment of vernal keratoconjunctivitis; Cationorm®, a CE marking product for dry eye relief; and Nova22007, a product for the treatment of moderate-to-severe dry eye syndrome. Founded in 2000, the firm has raised a total amount of Euro 44 million in 3 series of financing.
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The Generations Network has been working with archives in Italy and is looking forward to building similar relationships with archives in France to bring historical records from repositories in both countries online. Currently, the company is digitizing pre-1930's civil registration records from throughout Italy with the first of these records expected to be available online later this summer.
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Ventech is a leading French venture capital firm investing in early stage companies in the IT & communications and biotechnology sectors in France and Continental Europe. Currently managing funds totaling euro 174 million, Ventech steam targets ambitious projects which have the potential to become global leaders and uses its experience in operations and private equity, start-up companies and high-growth businesses to generate results.
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