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Biotech News

Biotech news continually updated from thousands of sources around the net.

2 hrs ago | MarketWatch

Before the Bell: GDP data, Chevron, Merck in spotlight

U.S. stock futures extended a bearish tone in the wake of gross-domestic-product data that showed the U.S. economy lost momentum in the second quarter.

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Related Topix: Merck , Medicine, Healthcare Industry, Chevron Corporation, Energy, Oil & Gas, Financial Markets, Humana, Insurance, Microsoft, Software

6 hrs ago | WBZ TV

Sanofi-Aventis CEO Viehbacher At A Glance

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Related Topix: SanofiSynthlabo, GlaxoSmithKline

11 hrs ago | PhillyBurbs.com

Sanofi CEO targeting everything but blockbusters

In this May 12, 2009 file photo, Sanofi CEO, Chris Viehbacher, delivers his speech during the launch of Sanofi Pasteur's new plant, Sanofi's 11th vaccine production plant in the world.

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Related Topix: SanofiSynthlabo, 9, Food and Drug Administration

14 hrs ago | WCNC

Merck's 2Q net drops on higher costs, charges

Drugmaker Merck & Co. posts a 52 percent drop in second-quarter net income, due to higher costs for sales, administration and restructuring and sharply lower income from partnerships.

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Related Topix: Merck , Medicine, Healthcare Industry

18 hrs ago | Seattle Post-Intelligencer

Jana Partners slams Charles River Labs acquisition

Investment firm Jana Partners LLC on Thursday urged shareholders of Charles River Laboratories International Inc.

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Related Topix: Charles River Laboratories International, Medicine, Healthcare Industry, Wilmington, MA

Thu Jul 29, 2010

Star Tribune

Bayer's 2nd-quarter profit down 1.3 percent

Germany's Bayer AG saw second-quarter net earnings slip by 1.3 percent as a stronger revenue was offset by one-time charges for lawsuits and writing down a cancer drug.

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Related Topix: Medicine, Aspirin (generic), Bayer, Alka-Seltzer, Medication, Manufacturing, Bayer AG, Chemicals, Pharmaceuticals, Cancer, Health, Agriculture, Science

MarketWatch

Amgen reports lower earnings on slowed sales

Amgen Inc. reported slightly lower earnings late Thursday, due to various charges and decreased sales of two of its leading products, Enbrel and Aranesp.

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Related Topix: Medicine, Amgen, Healthcare Industry

CBS 47

State pressures drug maker on AIDS drug costs

SACRAMENTO, Calif. a " California is pressuring Bristol-Myers Squibb to reduce the cost of a key AIDS medication.The drug giant's Reyataz is one of the most common drugs to treat AIDS patients, and it's the most costly with an average wholesale price of $13,046 a year.State Controller John Chiang wrote Bristol-Myers Squibb this month to urge the ...

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Related Topix: HIV/AIDS, Health, Sacramento, CA, Bristol Myers Squibb, Medicine, Healthcare Industry

Lincoln Daily News

Stocks up on AstraZeneca, Bayer, telecom earns

European stock markets rose Thursday after another batch of positive earnings and further evidence that Europe's economy is recovering faster than previously expected.

Comment?

Related Topix: Manufacturing, Bayer AG, Medicine, AstraZeneca Group, Financial Markets, Chemicals, Healthcare Industry

Star-telegram.com

AstraZeneca Q2 profits up 22 pct

By JANE WARDELL AstraZeneca PLC posted a 22 percent rise in second quarter net profit on Thursday as it also revealed that a key new drug - its blood thinner Brilinta - has been given a thumbs up by an advisory committee of the U.S. Food and Drug Administration.The Anglo-Swedish drugmaker raised its full-year earnings forecast after reporting a ...

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Related Topix: Medicine, AstraZeneca Group, Healthcare Industry

Atlanta Journal-Constitution

Germany's Merck sees 2Q profit rise 69 percent

German drug and chemical maker Merck KGaA says its second-quarter earnings were up 69 percent - led higher by strong increases in revenue at its liquid crystals and chemicals businesses.

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Related Topix: Merck , Medicine, Healthcare Industry

Wed Jul 28, 2010

Reuters

FDA considering changes to risky drug safeguards

Safeguards to protect patients from risky drugs should have less paperwork and more consistency, drugmakers and pharmacy representatives said this week during a U.S. Food and Drug Administration meeting.

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Related Topix: Food and Drug Administration, Eli Lilly, Medicine, Healthcare Industry

BNET

Sex and Starbucks: Odd Incentives in Glaxo's Bonus Plan

GlaxoSmithKline may have shot itself in the foot with its new bonus structure for pharmaceutical sales reps .

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Related Topix: Sales, Restaurant Management, Starbucks, Medicine, GlaxoSmithKline, Healthcare Industry, Science / Technology, Robots

The News-Review

Reward offered for Canyonville robbery info

The man in the yellow hoodie robbed Gordon's pharmacy in Canyonville on July 15, according to witnesses.

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Related Topix: Canyonville, OR, Douglas County, OR, Medicine, Healthcare Industry

Http

GTC Losses Continue

GTC Biotherapeutics , the Framingham-based drug manufacturer, moved closer to profitability in the second quarter, but still registered a $300,000 loss on $4.9 million in revenues.

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Related Topix: Medicine, Healthcare Industry, GTC Biotherapeutics

MarketWatch

After Hours: Broadcom shares slip, Cephalon lower in late trade

Broadcom Corp. posted a climb in quarterly earnings late Tuesday, but shares of the communications chip maker weren't able to gain traction during the session.

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Related Topix: Cephalon, Medicine, Healthcare Industry, Semiconductors, Electronics, Broadcom, Financial Markets

Tue Jul 27, 2010

Marco Eagle

Public weighs in oa

Collier County Commission Chambers filled to capacity Tuesday for the commission meeting concerning Jackson Laboratory.

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Related Topix: Collier County, FL, Medicine, Healthcare Industry, Marco Island, FL

Seattle Post-Intelligencer

Iconix Brand taps insider as COO

Iconix Brand Group Inc., a brand licensing company, said Tuesday it is promoting Yehuda Shmidman to the position of chief operating officer.

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Related Topix: Iconix, Startups, Medicine, Healthcare Industry

SF Gate

Google Apps for governments

Genentech has agreed to buy a compound that may help in treating inflammatory and autoimmune diseases.

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Related Topix: Genentech, Startups, Medicine, Healthcare Industry, Google, Mountain View, CA

KHOU-TV Houston

Merck and Sanofi name CEO of animal medicine unit

Merck & Co. and Sanofi-Aventis SA said Tuesday Raul Kohan will be the CEO of their planned animal health joint venture, which is expected to be the world's largest maker of pet and livestock medicines and vaccines.

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Related Topix: Merck , Medicine, Healthcare Industry, SanofiSynthlabo, Schering Plough, Whitehouse Station, NJ

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