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AP
Monday, 26 March 2007
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AP - AstraZeneca PLC's Crestor cholesterol drug slowed thickening in the neck arteries of people at low risk for heart attacks and strokes, but it failed to reverse thickening as researchers had hoped for. |
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AP
Thursday, 22 March 2007
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AP - Drugstore chain operator CVS Corp. said Thursday it has completed its $26.5 billion acquisition of pharmacy benefits manager Caremark Rx Inc. |
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Reuters
Thursday, 22 March 2007
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Reuters - Since January, Patricia Roberts has
had access to something that many of the poorest people in the
United States can only dream of: a pharmacy in her
neighborhood.
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AP
Wednesday, 21 March 2007
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AP - Global pharmaceutical sales rose 7 percent to $643 billion last year, fueled by strong international demand for cancer treatments and robust growth in the U.S. market spurred by the Medicare drug benefit, a report released Tuesday said. |
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AP
Tuesday, 20 March 2007
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AP - India's Ranbaxy Laboratories Ltd. has withdrawn its bid for the generic drug unit of German pharmaceutical company Merck KGaA because it was found to be overvalued, a person familiar with the deal said Tuesday. |
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AP
Saturday, 17 March 2007
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AP - Caremark shareholders approved a $26.5 billion acquisition by CVS on Friday, creating one of the largest competitors in the prescription drug industry, the company said.
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Reuters
Saturday, 17 March 2007
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Reuters - Drug-store chain CVS Corp. won the
battle to buy Caremark Rx Inc. on Friday, as the pharmacy
benefit manager's shareholders approved the $24 billion deal,
thwarting a higher bid from Caremark rival Express Scripts Inc.
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AFP
Friday, 16 March 2007
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AFP - Aid charity Medecins sans Frontieres (MSF) has condemned a US drugmaker's decision not to sell new medicines in Thailand, which is at loggerheads with Western pharmaceutical giants over generic drugs.
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Reuters
Friday, 16 March 2007
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Reuters - Insurance broker Marsh & McLennan
, drug company Eli Lilly and nine other
companies need to improve their "dismal stock performance" and
"poor governance practices," the biggest U.S. pension fund said
on Thursday. |
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AP
Friday, 16 March 2007
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AP - After months of arguments from rival bidders, Caremark shareholders will decide Friday whether to accept the CVS offer favored by managers or hold out for the chance to be taken over by Express Scripts.
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Reuters
Friday, 16 March 2007
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Reuters - Shareholders of CVS Corp. , the
No. 2 U.S. drugstore chain, on Thursday approved the company's
$23.9 billion plan to buy pharmacy benefits manager Caremark Rx
Inc. .
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