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Deficient management leads INDITEX on the verge of fail

BUCHAREST, ROMANIA - Zara wants to cover losses from theft with employees’ money.

The management, theft and losses give headaches to the Spanish group INDITEX, the owner of the ZARA chain. Only 10 months before, on July 25th, 2011, the publication Ziarul Financiar announced the fact that “INDITEX takes the manager from the Douglas perfumeries” pointing at Paul Cuza, who previously had the function of General Manager for Parfumerie Douglas SRL. Currently, the Romanian INDITEX group performs salary and structural changes without precedent, which the management team from Bucharest doesn’t want to explain.

The problem of the clothes theft is a known phenomenon, especially when it comes to expensive brands such as ZARA or Massimo Dutti. The phenomenon was publicly recognized even by the management of the INDITEX Group Romania, two years before. Probably worried by this fact, Mihai Cioltea, the development manager of the INDITEX Group from Romania, also named by the press as “the Zara man”, stated in 2010 for the economic website InCont the following: “They steal a lot. Only for the stores in Bucharest we have 10 cases of stealing per day, which we discover and, depending on the severity, we call the police”.[...]

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 16, 1995

CYTOGEN CORPORATION

(Exact name of registrant as specified in its charter)

  Delaware                          1-14879                  22-2322400
- --------------------------------------------------------------------------------
(State or other jurisdiction      (Commission              (IRS Employer
of incorporation)                 File Number)           Identification No.

600 College Road East, CN5308, Princeton, New Jersey 08540-5308
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (609) 987-8200

This document consists of 5 pages.


Item 5. Other Events.

On October 16, 1995, Cytogen Corporation issued the attached press release.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

(a) Financial Statements -- Not applicable.
(b) Pro Forma Financial Information -- Not applicable.
(c) Exhibits:

Exhibit No.                   Description                      Page
- -----------                   -----------                      ----

99                            Press release issued by Cytogen     5
                              Corporation on October 16, 1995.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CYTOGEN CORPORATION
(Registrant)

By: T. Jerome Madison

T. Jerome Madison Vice President, Chief Financial Officer and Secretary

Date: October 16, 1995


EXHIBIT INDEX

Exhibit No.
As provided                                             Page in
in Item 601                                             Sequentially
Exhibit Number    Description                           Numbered Copy
- --------------    -----------                           -------------

99                Press release issued by Cytogen             5


                  Corporation on October 16, 1995.


Exhibit 99

Pamela M. Murphy
CYTOGEN Corporation
609-987-8221

For Immediate Release

CYTOGEN STOCKHOLDERS APPROVE MERGER WITH CELLCOR

PRINCETON, N.J., October 16, 1995 -- CYTOGEN Corporation (NASDAQ:CYTO) announced that CYTOGEN stockholders voting on the issuance of CYTOGEN securities to acquire Cellcor Incorporated (OTC:CLTX) ("Cellcor") and to undertake a subscription offering to Cellcor stockholders, approved the transactions at a special meeting held today. A preliminary count indicated that of the 17.3 million outstanding shares voted, over 95% endorsed the proposal. Cellcor stockholders also voted to approve the merger at a separate special meeting held today. The closing of the merger will occur on or by October 19, 1995.

In conjunction with CYTOGEN's acquisition of Cellcor, the subscription offering was made to record holders of Cellcor common stock, as of the record date of August 17, 1995, to purchase for cash up to $23.5 million of CYTOGEN common stock at $3.89 per share. Hillman Medical Ventures and its affiliates, Cellcor's largest stockholder, purchased $11.5 million of the offering. Other shareholders of Cellcor purchased an additional $8.5 million of CYTOGEN common stock, raising a total of $20.0 million for CYTOGEN.

CYTOGEN's President and CEO, Thomas J. McKearn stated, "As we have said in the past, our strategy is to add complementary, late-stage products, technologies and services to CYTOGEN's existing portfolio. Cellcor has recently completed the patient accrual for its Phase III pivotal trial using autolymphocyte therapy (ALT) to treat metastatic kidney cancer patients. The acquisition of Cellcor with its focus in cancer, as well as in infectious diseases, complements and broadens our pipeline with a late-stage product and a proprietary technology."

ALT is a proprietary immunotherapy using a patient's own immune cells to treat cancer and certain infectious diseases. It is an outpatient non-toxic treatment that can be delivered to patients nationally from a central cell processing facility. ALT is the ex vivo activation of autologous T cells, which lead the immune system's response to foreign antigens such as cancer or infectious disease.

CYTOGEN is a biopharmaceutical company engaged in the marketing and development of products for the targeted delivery of diagnostic and therapeutic substances directly to sites of disease. CYTOGEN uses its patented and proprietary technologies to develop specific diagnostic imaging and therapeutic products.

Cellcor, Inc. is a biotechnology company engaged in the development of cellular therapies with initial application in the treatment of certain cancers and potential application in the areas of infectious disease.

###



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