====== TTP04-22 Recent Developments in the Treatment of Heavy Quarks ====== We discuss new results obtained for the description of a system of two heavy quarks close to the production threshold. Special emphasis is put on the resummation of logarithms in the quark velocity. As physical applications we discuss the determination of the mass of the $\eta_b$ meson and the ratio of the photon mediated production or annihilation rates of spin triplet and spin singlet heavy quarkonium states. |**M. Steinhauser** | |** AIP Conf.Proc 756 357-359 2005 ** | | {{preprints:2004:ttp04-22.pdf|PDF}} {{preprints:2004:ttp04-22.ps|PostScript}} | | |