March 5, 1993 |
Milan Panic Returns to ICN: Milan Panic, the Southern California businessman who briefly served as Yugoslavia's prime minister, has returned to his duties as chairman of ICN Pharmaceuticals in Costa Mesa, the company announced. Panic took a leave of absence last year when he returned to his native Yugoslavia. He served as prime minister from July until December, when he lost an election to Serbian President Slobodan Milosevic and received a "no confidence" vote from the Serbian parliament.
August 18, 1987
ICN Biomedicals Inc., a subsidiary of ICN Pharmaceuticals in Costa Mesa, has completed its already-announced acquisition of Radioassay Systems Laboratories and Immuchem Corp. of Carson. Terms of the deal were not disclosed. RSL/Immuchem develops and sells radiological tests used primarily for reproductive endocrinology and other hormonal testing. The 17-year-old company, which has 60 employees, distributes its products throughout the world. Sales totaled $6 million in 1986.