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November 2023 | SPECIAL REPORT: HEALTHCARE & LIFE SCIENCES SECTOR
FW discusses life sciences M&A with Sonia de Kondserovsky
Victoria Rhodes and Mathias Schulze Steinen at DLA Piper
FW: How would you describe the current appetite of companies in the life sciences sector for dealmaking
To what extent can M&A assist companies looking to bolster product pipelines
improve efficiencies and tap into new markets
Gilbert: Dealmaking remains a core component of most life sciences companies’ business models
biotechnology companies’ goals are to license or sell their assets or company to large pharma at an appropriate stage of development and pharma companies are constantly looking to enhance their pipelines of new therapeutics or enter new markets
The current market has not altered those objectives
there are significant factors that have impacted the volume of transactions
Higher interest rates and regulatory and legislative developments in the US have created a pause in the M&A market
The larger acquisitive companies are still digesting assets acquired over the last few years and are less likely to part with cash in this environment for less than ideal targets
depressed market caps for many biotechnology companies
even those with positive clinical data and a regulatory approval pathway
European and Asian companies remain very interested in acquiring US companies or licensing US assets to establish commercial capabilities in the US market
Li: The lack of liquidity in the domestic China life sciences market is palpable
While the US to date does not explicitly restrict US investment in Chinese life sciences companies – unlike Chinese artificial intelligence (AI)
quantum computing and advanced semiconductor companies where US investment is now heavily restricted – US funds and US dollar limited partners have dramatically curtailed their investment allocations to China owing to a host of reasons
China’s own institutional investors are still absorbing and digesting the market downturn and weighing their next moves – while large amounts of state and non-state funding continue to pour into infrastructure and semiconductor sectors
Multinational corporations (MNCs) – and US MNCs in particular – will see some of their Chinese start-up competitors wobble
Chinese public companies in the life sciences space
remain cash rich to attempt cross-border acquisitions to improve their product and intellectual property (IP) portfolios
Many of them will become increasingly interested in setting up research and development (R&D) platforms in the US and in other developed markets; to that end
they are keenly aware of the regulatory and trade barriers
The good news is the Committee on Foreign Investment in the United States (CFIUS) has approved a number of Chinese investments in and acquisitions of US life sciences companies even while US-China competition remains intense
Steinen: The appetite of companies is still big and there is lots of M&A activity in the European life sciences sector
Market players constantly want to improve their portfolio efficiency to adapt
regulatory changes or the latest technical developments such as AI
big M&A tickets dropped slightly due to higher interest rates in the market
the transactional approach has changed as market players have become more risk averse
This has resulted in a rise in partnerships and other forms of collaborations
FW: To what extent are regulatory changes or pressures influencing M&A strategies
de Kondserovsky: The life sciences sector is increasingly regulated in the European Union (EU) – at both local and EU levels
Such regulatory changes have not undermined the appetite for M&A transactions in the sector
but have created numerous complexities which impact deal process deadlines
recent legislative changes have included investment in biotechnologies within the scope of the foreign investment regulations requiring the prior authorisation of the Ministry of Finance
Although there are no known precedents of refusals
the ministry has sometimes conditioned its approval to commitments taken by the foreign purchaser
such as maintaining manufacturing facilities in France
Another example is the European Medical Device Regulation (EU MDR) which introduced major changes regarding pre-market conformity requirements
its implementation has turned out to be very challenging for companies
The European Commission (EC) has thus reacted to companies’ concerns by delaying the EU MDR implementation by four years
CFIUS and anti-merger sentiment within the US administration has presented challenges for dealmaking for larger deals
have not had a significant impact in the middle market and acquisitive companies can acquire assets or companies without meaningful concerns of US governmental intervention
may likely take longer as the deals are reviewed for competitive issues
FW: Have any recent life sciences deals caught your eye
What market insights can we draw from these deals
Steinen: Some large transactions in the first half of 2023
including the acquisitions of Prometheus Biosciences by Merck and of Seagen by Pfizer
indicate that big pharma might try to compensate the expiration of ‘blockbuster’ patents by major buy-ins
Another noticeable trend can be seen in the acquisition of orphan drugs that have increasingly become the target of M&A activities
The acquisition of Chinook Therapeutics by Novartis is a prominent example
Due to high profit margin in a market with less competition
the market for treatment of rare diseases sees higher growth rates
Recent M&A activities in life sciences tend to focus on genetic medicine
The acquisition of Polyplus by Satorius is a good example here
It is also worth noting in this context that the three largest financing rounds in the biotechnology sector in the US were secured by companies that are all involved in gene and cell therapy
Rhodes: The £4.46bn EQT takeover of Dechra – which is still awaiting various regulatory approvals – is a great success story for an innovative company in the veterinary space achieving a multiple of 25.9 percent earnings before interest
depreciation and amortisation (EBITDA) and a premium of around 44 percent on its share price
While it will be a blow to the London markets for it to delist and reflects current market conditions in the capital markets
it is an exciting development for the company and shows that there are deals to be done for high quality companies
FW: What advice can you offer to companies in terms of scoping deals and identifying opportunities across the life sciences sector
Li: In the many markets with a general shortage of liquidity in the current high interest rate climate
including China and many of the more developed markets
start-up companies may be starving for funding
Many large local institutional investors that ordinarily fund later stage start-ups are now looking to invest in earlier stage start-ups; this
is driving up the valuation of earlier stage start-ups while leaving behind a bigger vacuum for later stage financing or exits
While this phenomenon operates to depress the market
strategic or private equity (PE) investors that do have access to cash can leverage the phenomenon to find opportunities – especially cross-border opportunities
such as Middle East investors investing in China
or Chinese investors investing in developed markets – to invest in or acquire synergistic start-up businesses or technologies at a bargain price
Gilbert: Buyers in markets with a general shortage of liquidity have a distinct advantage in many cases due to the lack of or reduction in bid competition for many assets compared to prior years
As capital markets have been largely shut for biotechnology companies and venture capital has become much more selective
many such targets are cash poor and need to transact in order to advance the lead programmes and extract value for their stakeholders
Potential buyers are scrutinising assets at a much higher level than in prior years
Potential sellers need to plan for longer and tougher due diligence processes
Understanding the realities and dynamics of the current market and each party’s resulting leverage or lack thereof is an important aspect of transacting more than ever
Rhodes: Current market conditions are fostering a more buyer-friendly environment than we have seen in recent years
The price of debt is also swaying in favour of corporate buyers
who can sometimes take slightly longer to transact but can have an advantage in not having to leverage the transaction
Considering the regulatory position at the very start of the deal is now critical
especially in the life sciences sector as we see increased antitrust and regulatory regimes across jurisdictions impacting on deals in this sector
FW: To what extent have you seen foreign direct investment regulations impacting on deal terms and timetables
Do you anticipate a similar picture in the next 12-18 months
Gilbert: The life sciences industry generally has long embraced a global approach and utilised foreign direct investment (FDI) to facilitate R&D and to enter new markets
Companies and funds investing internationally generally looked to jurisdictions that had demonstrated robust R&D capabilities
as well as a regulatory environment that was receptive to investment and novel therapeutics and vaccines
The recent developments in FDI regulation in virtually all countries and regions has only had a modest impact on investment activity to date
but we expect to see more scrutiny of more transactions as regulators continue to expand the scope of technologies covered by the regimes
transactions which require mandatory filings and agency review will take longer
this may limit the deployment of needed international capital into the sector and reduce competition for transactions
Li: China has for some years adopted a ‘negative list’ approach to foreign market access
While China’s bureaucracy is known to be burdensome on administration
where the proposed market access does not – as is the case for most life sciences projects – fall into an industry on the negative list
it now takes minimal government approval to complete a transaction
China does have a national security review regime for inbound M&A transactions
but the regime has been invoked on very few occasions – given that foreign market access is already subject to plenty of government scrutiny in any event – so few that there are hardly any reported cases and most foreign investors
see FDI review as a much lesser risk than that related to China’s merger control clearance
Steinen: There has recently been an increase in the application of FDI regulations in various European countries
The life sciences sector is also affected and receives more attention from lawmakers and regulators
such as when the companies involved are active in the development of mass products such as vaccines and antibiotics
The wider application of FDI regulation has an impact on deal terms
such as the allocation of risks related to the outcome of the approval process
or the time until completion of a transaction
how important is it for life sciences companies to undertake thorough due diligence alongside other steps to manage transactional risk
Rhodes: The Theranos case has highlighted the importance of undergoing appropriate due diligence in life sciences transactions
While diligence is important in all M&A transactions
for life sciences companies the additional regulatory regimes which can apply
alongside the need to examine valuable IP rights and the potential for sensitive personal data to be processed
means that there are some areas of diligence which may be fundamental
depending on the asset or business being acquired
The potential for risks which arise in a life sciences transaction to be significant if not identified means that early and strategic consideration of the diligence scope is critical to ensuring that the greatest focus is on the real value items and risk areas
This also helps to ensure that diligence which adds value to the M&A process is undertaken on an economic basis
tend to hold themselves to higher operational standards in China and Chinese regulators tend to scrutinise them on the basis of such higher standards
anti-commercial-bribery – especially in light of China’s crackdown on corruption in public hospitals this past summer – anti-financial fraud
data privacy or in relation to other operational aspects
These investors would be well advised to conduct thorough diligence on their M&A targets and sign the acquisition agreement with their eyes open
FW: How important is it for companies in this sector to pay careful attention to intellectual property and related licences when drafting transaction documents
de Kondserovsky: IP rights are often the key assets of any M&A transaction in the life sciences sector
thorough due diligence and specific representations and warranties that IP rights are properly transferred and protected is critical
The scope of the due diligence and warranties should include ownership
valid registration and the absence of infringements or encumbrances
For biotechnology transactions in particular
special attention should be paid to third-party licences existing or needed to protect the business
Li: While China lags behind the US in its portfolio of foundational technologies in life sciences
it remains one of the world’s largest markets to commercialise new technologies
Allocation of IP rights among key market participants and stakeholders is no less critical in China transactions than in US transactions
FW: What general steps should companies take in the pre- and post-deal phases to help deliver the intended benefits of a transaction and optimise long-term value
Rhodes: It is critical that all internal stakeholders are aligned on what the strategic value of a transaction is and that this is communicated to all the advisory team
This can impact on how diligence is approached
the appetite for risk in certain areas and the drafting of the transaction documents
Failure to communicate where the value lies could lead to a suboptimal process and
failure to realise the value which is sought
It is equally critical to ensure that this messaging is passed to the post-deal integration team
It is still the case that integration is often left to those not involved in the deal and then the value which was hoped to be achieved may be missed
during the transaction as issues arise and terms are negotiated
gives the best chance of realising value from the transaction
de Kondserovsky: Special attention to retention of key employees should be sought through an adequate compensation package and the proper definition of such employees’ position and status
specific attention should be paid to employees possessing the know-how in companies where R&D or manufacturing is key
FW: How do you envisage M&A in the life sciences sector developing over the coming months
M&A deal volume will largely be driven by developments in capital markets
If the initial public offering (IPO) market for later stage biotechnology companies does not rebound
those venture capital-backed companies with promising pipelines will need to pursue an acquisition to continue to advance their programmes
We are starting to see signs of life in the IPO market with a few deals
but it is too early to determine whether it will be sustained
many of the smaller publicly traded biotechnology companies have market cap challenges
making follow-on offerings more challenging
and as a result such companies will also become likely targets
despite the multitude of potential targets
many strategic pharmaceutical companies are likely to remain relatively inactive due to pressures in their core commercial businesses and need for cash preservation
We would expect the larger pharmaceutical companies to be more focused on commercial targets rather than development stage companies
PE firms with sufficient capital to acquire targets and fund the ongoing business without utilising debt
which has become more expensive and less available
Rhodes: We expect that large pharmaceutical companies will try to offset declining revenues due to patent expirations by acquiring innovative later stage biotechnology companies
The increasing need for AI that can help to reduce cost and time to develop drugs or medical products also looks likely to result in an increase of M&A activities
as many life sciences companies are likely to choose to buy-in and integrate the relevant technological expertise and products from the outside rather than developing these organically
de Kondserovsky: Due to increased interest rates
PE funds will have more difficulty raising capital
and asset valuations should thus ultimately decrease
This will provide opportunities for cash-rich industrial groups to acquire a variety of biotech and medical technology companies
Steinen: I envisage not so much of a development as a continuation
I anticipate seeing even more AI-focused deals in the life sciences sector by both medical device and biotech companies and also in the pharmaceutical sector
Given the recent interest in the sector from the EC and the Federal Trade Commission (FTC)
it seems likely that caution may be applied to some of the larger transactions
but we will still continue to see deals where they are of strategic value and importance
Li: China outbound M&A in life sciences will continue
The US and the EU will be prime destinations
Middle Eastern investors will potentially fill the void left by US investors for funding Chinese life sciences start-ups which will continue to seek IPOs in the US or in Hong Kong
Sonia de Kondserovsky heads the Paris life sciences practice and advises pharmaceutical and medical device companies on national and cross-border acquisitions and divestments
distribution agreements and regulatory matters related to M&A transactions
She can be contacted on 33 1 4015 6693 or by email: sonia.dekondserovsky@dlapiper.com
Andrew Gilbert specialises in corporate finance
mergers and acquisitions and securities law
technology and investment firms serving these sectors
underwriters and venture capital firms in public and private offerings
He can be contacted on +1 (973) 520 2553 or by email: andrew.gilbert@dlapiper.com
Qiang Li has practiced law in Hong Kong and Shanghai since 1997
He guides multinational and Chinese clients on cross-border M&A and investments in the life sciences sector
He also advises on China’s foreign investment laws
has served as counsel to the board for the American Chamber of Commerce in Shanghai
and is a recognised authority on legal reforms in market access
corporate finance and governance. He can be contacted on +86 21 3852 2168 or by email: qiang.li@dlapiper.com
Victoria Rhodes is an accomplished corporate finance lawyer specialising in domestic and cross-border M&A
joint ventures and international reorganisations
She is recognised as an Acritas Legal Star
She can be contacted on +44 (0)113 369 2044 or by email: victoria.rhodes@dlapiper.com
Dr Mathias Schulze Steinen boasts 20-plus years advising strategic and financial investors on domestic and cross-border deals
corporate finance and restructuring in the life sciences sector
and unwavering support throughout transactions
He can be contacted on +49 69 2713 3430 or by email: mathias.schulze.steinen@dlapiper.com
Sonia de Kondserovsky
Andrew Gilbert
Qiang Li
Victoria Rhodes
Mathias Schulze Steinen
Healthcare & life sciences sector
Q&A: Data analytics in life sciences
Strategic considerations in life sciences partnering
Cost-effective management of IP for life science companies
Knee-jerk reaction to COVID-19 – lean times ahead for some
Evaluating effort
EU regulation of artificial intelligence in healthcare
Q&A: Life sciences M&A
BLOOMINGTON — Many colleges and universities in Central Indiana are gearing up for the first day of fall semester next week
thousands of incoming freshmen began the move-in process earlier this week
Just a fun time," 18-year-old Tom Von Den Steinen said
Von Den Steinen is a first year student at IU
He’s studying business and says he’s excited to attend his first IU basketball game this year
And he’s happy it’s only a four and a half hour drive back home to Chicago
Wisconsin-native Audrey Davies is studying finance
I’m living in my mom’s dorm which is Teter
Their biggest advice as she steps foot on campus for the first time
“They told me to go to all my classes and to have fun," Davies said
Freshman Elaina Cook is studying business and says she’s excited to explore campus
“I really love all the green spaces and I love the architecture
Everything matches so well it’s very pretty," Cook said
Davies and Cook are three of the estimated 9,500 incoming freshman at the university’s Bloomington campus this year
“The whole environment in Bloomington shifts
getting excited to actually seeing it happen and that is this moment
getting ready for classes," Senior Associate Dean of Students Libby Spotts said
It’s a chance for students to explore the campus
connect to resources and learn everything there is to know about being a Hoosier
It includes the New Student Induction Ceremony
“We’re helping students navigate this huge place
We’re helping them figure out where their classes are
We’re helping them meet each other and really feel welcomed as Hoosiers here at IU Bloomington," Spotts said
Meghan Vonden Steinen and Gary Bonomo G’10 enjoy liquid-nitrogen ice cream
High school students interested in the emerging field of sustainability chemistry recently converged at Syracuse University for the first annual Green Chemistry Think Tank
Co-sponsored by the Central New York Section of the American Chemical Society (CNY ACS) and the Manlius Pebble Hill (MPH) School, the event took place in the Life Sciences Complex and involved members of the Department of Chemistry in the College of Arts and Sciences (A&S)
Gillett-Kunnath G’08—an A&S staffer and researcher
respectively—co-organized the Think Tank with Sue Foster
chemical processes and commercial products that do not generate toxins or waste
“Green chemistry enables us to create Earth-friendly alternatives to hazardous substances,” explains Bonomo
“The Think Tank featured demonstrations on recycling
Students also made their own sugar scrubs and enjoyed liquid-nitrogen ice cream.”
Sue Foster chairs the science department at the Manlius Pebble Hill School
The evening program drew more than 60 students from eight area high schools
Foster suspects that because the event was not admissions-driven
participants enjoyed science for the sake of it
“High school students have minimal opportunity to network with peers from other schools
Feeling the energy of the SU campus and spending the evening talking about science—it’s a win-win for everyone,” she adds
The program included opening remarks by A&S Dean Karin Ruhlandt
also a Distinguished Professor of Chemistry
and a “sustainability spin wheel,” with which students competed for prizes from A&S
the chemistry department and the Science Teachers Association of New York State (STANYS)
devised and operated the spin wheel with students from the Institute of Technology at Syracuse Central
where he is a New York State Master Teacher
was a star with the liquid-nitrogen ice cream,” says Gillett-Kunnath
A research assistant professor in Ruhlandt’s lab
Gillett-Kunnath also is a technical specialist in Barclay Damon’s Intellectual Property Litigation practice area
Rubenstein Museum of Science & Technology (MOST) and a recent recipient of the STANYS Excellence in Teaching Award
She and Bonomo credit Foster for getting the word out to high school and county officials
of the Onondaga County Resource Recovery Agency (OCCRA) and “Save the Rain”—the county’s comprehensive storm-water management plan
benefiting Onondaga Lake and its tributaries—at the event
The Think Tank also featured remarks by local scientists
Other presenters hailed from the Syracuse City School District
MPH’s “Green Avengers” environmental club and the Auburn Enlarged School District
“Students came from all over Central New York
Prin Furst [also a New York State Master Teacher]
a lab supervisor and general chemistry lab instructor in A&S
“A lot of people banded together to make the day an enrichening experience.”
Chemistry majors Ashley Clements and Meghan Vonden Steinen helped Bonomo serve up fresh
Foster recalls one attendee who turned up alone and unannounced
admitting she had forgotten to register for the Think Tank and that no one from her school offered to accompany her
“The evening turned out to be pivotal for her.”
On a wave-battered rock in the Northern Pacific Ocean
a fish called the sculpin grips the surface firmly to maintain stability in its harsh environment
which use their glue-secreting tube feet to adhere to their surroundings
Varshney has exemplified Orange excellence since joining the University as a 23-year-old faculty member
he’s been recognized for his seminal contributions to information fusion and related fields
Peter Wirth has a two-fold strategy when it comes to renovating his home
native has called Central New York home for more than 40 years
Nestled on a quiet cul-de-sac in Fayetteville
While many of her peers were enjoying the time off between high school graduation and starting college
Luiza Owuor ’26 was participating in the University’s Career Acceleration via Rigorous Educational Experiences in Research (CAREER) program
After completing an “Intro to Artificial Intelligence (AI)” course in the College of Engineering and Computer Science (ECS)
Emma Bellai ’25 was eager to apply everything she learned in class to her internship with Verizon
If you need help with your subscription, contact sunews@syr.edu
Norske og internasjonale forskningsnyheter
“The earliest evidence of falconry that we have is the Gokstad ship from around the year 900
The ship was used as a grave chamber and two northern goshawks were found among the grave goods
the elite were clearly the ones hunting with falcons,” says Ragnar Lie
Lie works as a cultural heritage consultant in Vestfold and Telemark counties
In 2021, the Norwegian Institute for Cultural Heritage Research discovered a figure depicting a royal falconer during excavations in the Medival park of Oslo
The object probably originated no later than 1250
Birds of prey were used to hunt both small game and other birds
Although the earliest traces of falconry are from the year 900
“Falconry probably started a little earlier,” says Lie
In Sweden you can find traces back to the 5th century
“There’s no reason to believe that falconry didn't then also penetrate Norwegian aristocratic circles”
The phenomenon probably came to Europe in the 1st century CE
and the Eurasian steppe landscape is considered the area of falconry’s origin,” Lie says
The practice might have occurred independently in different parts of the world
That hunting with falcons was an activity for the elites has been oft repeated in books and scientific articles published on the subject
The article ‘Norge og de britiske øer i middelalderen’ (Norway and the British Isles in the Middle Ages)
written by historian Alexander Bugge in 1914
Norwegian and Icelandic falcons played no small role
Bugge writes about so-called missions to England from the 12th to the 14th century
“Most Norwegian missions had no other purpose than to bring gifts
the Norwegian kings sent hawks and goshawks as gifts,” writes Bugge
The gifts were to be given the royals on the other side of the North Sea
who was king of Norway between 1217 and 1263
sent falconers to Iceland to capture white Icelandic falcons
These are said to have been valued more highly than silver and gold by the English royal family
Lie has also written about hawks and falcons as export goods
Gyrfalcons were the most sought-after export item
since they were only found in northern areas and did not migrate south
The goshawk’s status was somewhat lower than that of the falcon
But it was in many ways more convenient to use
the goshawk is also a skilled hunter in the forest or in cultural landscapes
This contributed to the goshawk likely being a major export item
especially to England through the Middle Ages
But couldn’t people in lower social classes also have used birds of prey as a tool in hunting
“The evidence we have shows falconry happening among the elite
Sweden has now discovered 40 different tombs containing birds of prey from the Iron Age”
So we can’t rule out that they might have done falconry
but the activity seems to belong to the aristocratic set
it could be that birds and humans collaborated for a while in connection with supplementing the food supply.”
Hunting with falcons on a large scale must also have been very resource intensive
“You can have a goshawk and hunt for yourself
but as soon as you build an apparatus around it
the costs quickly rise to a level that few could maintain,” Lie states
Falconry indeed became expensive when kings and noblemen went hunting
you needed to have a hunting ground – and last but not least
people were starving while the king pursued hunting and falconry
A light went on for people that such an outrageous use of resources wasn’t politically correct,” Lie says
the king was no longer to lead troops into battle
And the king who trained for hunting and achieved social status through hunting
Falconry became much less visible in society
the aristocratic use of birds of prey declined dramatically
The church believed it was both a waste and a vanity
Ragnar Orten Lie and Frans-Arne Stylegar write about this in an article in the magazine Primitive Tider (Primitive times) in 2021
The nobility came back with no shortage of counter-arguments
They argued that hunting was training for war – and that training for war was a duty
this type of hunting achieved a slightly different status
Falconry becomes a more sophisticated form of hunting that requires more knowledge
Many birds of prey were persecuted and hunted throughout the 19th century and parts of the 20th century
the Norwegian organisation Birdlife writes on its website
Several species were on the verge of extinction in the mid-20th century
Lie believes falconry’s fluctuating status through the ages shows an exciting development
birds of prey went on to be considered a nuisance
Birds of prey were lumped together as being in competition with humans for the prey
a war of extermination was started against birds of prey
Eggshells became fragile and broke during incubation
The result was that few young made it to adulthood
several species of birds of prey were protected
there’s absolutely no question of falconry in Norway anymore,” says Lie
The population of many species has increased in recent decades
“What’s fun about working with the phenomenon is that it has great cultural-historical relevance,” says Lie
He finds it especially exciting because many are not aware of how widespread falconry was in Norway during the Middle Ages
There are also important environmental issues associated with hunting with these birds
especially since the tradition is on its way back in some countries
In countries like the United Arab Emirates, gyrfalcons are even required to obtain their own passports. This came in handy when a Saudi prince booked airline tickets for his 80 falcons. Aftenposten wrote about this in 2017 (link in Norwegian)
The tradition of falconry can put pressure on the population of the birds of prey that are used
The female birds are slightly larger than the males
and the cooperation between the environmental side and falconers is positive
Lie, Ragnar Orten and Stylegar, Frans-Arne Hedlund: Veidekongen, olifanten og bøkeskogen (The Hunter king, the olifant and the beech forest): Hunting, war and aristocratic ideology in the Viking Age and the Middle Ages. Primitive tider, 2021. (Summary)
Read the Norwegian version of this article at forskning.no
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Ads and market: Preben Forberg+47 413 10 879 / preben@forskning.noAddress: Sandakerveien 24 C / D3
One of the latest models in the Porsche 911 family
will soon be available as a Lego Technic replica
The construction set of the sports car made from 2704 building elements
which was developed in collaboration with Porsche AG
Like every sports car with the Porsche crest on the hood
the Lego version of the Porsche 911 GT3 RS combines design
Disguised as a prototype in black and white foil at the toy fair in Nuremberg
the color of the characteristic body has now been unveiled and shines in bright orange
It is thus authentically modeled on the special lava orange paintwork of the sports car
There is also a comprehensive collector's book with background information on the development of the model
The Lego Technic Porsche 911 GT3 RS is designed on a scale of 1:10
57 centimeters long and 25 centimeters wide
store.lego.com Photo: Factory
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Die Polizei hat in Fulda einen Mann erschossen
der zuvor vor einer Bäckerei mehrere Menschen angegriffen und teilweise schwer verletzt haben soll
Die Hintergründe des Angriffs seien noch unklar
In Fulda schießen Polizisten einen jungen Mann nieder
Der 19-Jährige soll zuvor an einer Bäckerei ausgerastet sein – mit Steinen und einem Schlagstock
Die Verkäuferin schloss sich aus Angst ein
Die Spuren der Randale sind deutlich: Zwei große Einschlagstellen von Steinwürfen sind zu sehen
die Scheibe der Bäckerei in Fulda ist großflächig gerissen und gesplittert
Auf der Straße sind Blutspuren mit Kunststofffolien abgedeckt
an deren Ende die Polizei einen jungen Mann erschießt
Er soll die alarmierten Beamten zuvor mit Steinwürfen und einem Schlagstock attackiert haben
Aber viele Fragen bleiben noch unbeantwortet
Am Mittag teilt die Staatsanwaltschaft die Identität des Mannes mit: Es handele sich um einen 19-jährigen Afghanen
Er wohnte unweit der Bäckerei in einer Flüchtlingsunterkunft
warum die von der Bäckerei zur Hilfe gerufenen Beamten ihre Waffen nutzten
Das Hessische Landeskriminalamt (LKA) wurde eingeschaltet
Das ist bei tödlichem Schusswaffengebrauch von Polizisten immer der Fall
Der Mann soll laut den Ermittlern vor der Bäckerei randaliert haben
Einen Lieferfahrer der Bäckerei soll er angegriffen und verletzt haben
Der Angestellte musste ins Krankenhaus gebracht werden
als die Beamten von dem jungen Mann angegriffen worden seien
sagte am Vormittag am Tatort: „Unseren beiden Mitarbeitern geht es den Umständen entsprechend gut
aber unser Fahrer musste ins Krankenhaus.“
Laut einer Statistik der Deutschen Hochschule der Polizei in Münster wurde im Jahr 2016 in 52 Fällen auf Menschen geschossen
In Hessen schoss die Polizei im Jahr 2017 in fünf Fällen auf Menschen
ob der Mann Alkohol getrunken oder Drogen genommen hatte
die am frühen Morgen vor Ladenöffnung mit Arbeitsvorbereitungen beschäftigt war
Deshalb habe sie vorsorglich die Eingangstür verriegelt
Als der Warenzulieferer mit seinem Lastwagen vor der Filiale eintraf
soll er von dem Mann angegriffen worden sein
Der Fahrer konnte sich durch einen Seiteneingang in die Bäckerei flüchten
Das Polizeipräsidium befindet sich in der Nähe der Bäckerei
Mit Plastikfolie sind in der Flemingstraße Blutspuren abgedecktQuelle: dpa/Jörn Perske{"@context":"https://schema.org","@type":"ImageObject","contentUrl":"https://img.welt.de/img/vermischtes/mobile175439384/8436586607-coriginal-w2000/Angriff-vor-Baeckerei-in-Fulda-3.jpg","caption":"Mit Plastikfolie sind in der Flemingstraße Blutspuren abgedeckt","copyrightNotice":"dpa/Jörn Perske","creditText":"dpa/Jörn Perske","width":"2000"}Wahrscheinlich flüchtete der Angreifer
Denn erst rund 150 Meter entfernt fielen mehrere Schüsse
Der Tatort wurde am Freitag weiträumig von der Polizei abgesperrt
wurde mit einem Zaun und Sichtschutzplanen vor neugierigen Blicken abgeschirmt
Die WELT als ePaper: Die vollständige Ausgabe steht Ihnen bereits am Vorabend zur Verfügung – so sind Sie immer hochaktuell informiert
Weitere Informationen https://epaper.welt.de
Am Sonntagabend sind zwei Personen bei der Thurbrücke zwischen Brübach und Henau (SG) in einen Wasserfall geraten
Die Verunglückten sind trotz intensiver Suche weiterhin vermisst
Heute Montag sollen oberhalb des Wasserfalls Steinblöcke platziert werden
die das Wasser kanalisieren und den Druck in jenem Bereich reduzieren
Drucken Teilen (kapo/ahi/pw) Laut Kantonspolizei St.Gallen sind in Henau am Sonntagabend um 18.48 Uhr zwei Personen in die Thur gestürzt und mit der Strömung über den Wasserfall getrieben worden
Gemäss ersten Erkenntnissen querten drei Personen oberhalb des Wasserfalls den Fluss
stürzten in den Felseggfall und konnten sich dort offenbar nicht mehr befreien
Bei den vermissten Personen handelt es sich um eine 26-jährige Schweizerin und einen 30-jährigen Schweizer
Der Mann ist Polizist bei der Kantonspolizei St.Gallen
Die Suche nach den vermissten Personen wurde am Sonntag um Mitternacht abgebrochen
heute Montagmorgen jedoch wieder aufgenommen
Laut dem Kommunikationschef der Kantonspolizei St.Gallen
werden die Verunglückten nicht im Becken unterhalb des Wasserfalls vermutet
Der Wasserdruck betrage dort rund 48 Tonnen pro Sekunde
Um den Wasserdruck in jenem Bereich abzubauen sollen nun oberhalb des Wasserfalls Gesteinsbrocken ins Wasser gelegt werden
Wie lange die Bergungsarbeiten andauern werden
Dass die vermissten Personen noch lebend gefunden werden
aber auch die Mitglieder des Korps der Kantonspolizei St.Gallen
die am Sonntag einen Kollegen verloren haben
Sands China has been given the green light to set up 150 new gaming tables in The Parisian Macao
according to a statement made by the Secretary for Economy and Finance
Regarding the expected end of the 26-month decline in gaming revenue
Leong advised there is the need to wait for September’s gaming industry results
“In fact there’s still some uncertainty and volatility
gaming revenue in September has been lower than that of August,” he said
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