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Alza was a major pioneer in the field of drug delivery systems, bringing over 20 prescription pharmaceutical products to market, and employing about 10,000 people during 20 years. [2] In 2001, Alza was acquired by Johnson & Johnson via a stock-for-stock transaction worth US$10.5 billion.
Alza raised $6.6 million in funding, according to Crunchbase. Investors included Thrive Capital, Rappi co-founder Sebastian Mejia and BoxGroup. Investors included Thrive Capital, Rappi co-founder ...
In October 2015, Alza launched its Alza Premium club program. With an annual fee, Alza Premium members can receive free shipping, music, movies, special delivery services and an extended returns period. [6] In 2016, Alza.cz launched its online shop in Hungary, and it started to deliver purchase orders to customers even on Saturdays and Sundays.
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However, the immediate tax expense may discourage the company from selling, as holding the stock defers the tax liability and preserves the full value of the assets on paper. Long term cross ownership of shares combined with a high capital tax rate greatly increases periods of asset deflation both in time and in severity.
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