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Lilly's 2007 outlook below Street's view
AP   Thursday, 07 December 2006
AP - Pharmaceutical company Eli Lilly and Co. on Thursday issued 2007 earnings estimates that are below Wall Street's current expectations.
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Forest drug tops Lilly's in depression trial
Reuters   Wednesday, 06 December 2006
Reuters - Forest Laboratories Inc.'s Lexapro proved more effective than Eli Lilly and Co.'s newer antidepressant Cymbalta in treating moderate to severe depression in a small head-to-head study of the two medicines, Forest said on Wednesday.
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US prods Japan to step up market reforms
AFP   Wednesday, 06 December 2006

A man looks at an electronic share price board in Tokyo. The United States prodded Japan to open up its lucrative sectors such as telecoms, information technology, pharmaceuticals, financial services and agriculture to boost trade between the world's two richest economies(AFP/File/Toru Yamanaka)AFP - The United States prodded Japan to open up its lucrative sectors such as telecoms, information technology, pharmaceuticals, financial services and agriculture to boost trade between the world's two richest economies.


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Pfizer's Bitter Pill
BusinessWeek Online   Tuesday, 05 December 2006
BusinessWeek Online - Pfizer's hopes for the new cholesterol treatment torcetrapib have been dashed at a terrible time for the New York pharmaceutical giant.
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Indian Pharma Takes on the Big Guys
BusinessWeek Online   Tuesday, 28 November 2006
BusinessWeek Online - It may be just a middling size India pharmaceutical and biotechnology company, but Mumbai-based Wockhardt isn't afraid to go up against Big Pharma on its home court. The company currently markets about 14 products in the U.S., and in August received approval from the U.S. Food & Drug Administration to sell a broad-spectrum antibiotic called Cefotaxime Sodium.
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Bayer sells HC Starck unit for 1.2 bln euros
AFP   Thursday, 23 November 2006

A revolving Bayer logo is seen on a building in Berlin on November 14. German chemicals and pharmaceuticals giant Bayer said that it has agreed to sell its metals subsidiary HC Starck to private equity firms Advent and Carlyle for about 1.2 billion euros (1.6 billion dollars) in total.(AFP/File/John Macdougall)AFP - German chemicals and pharmaceuticals giant Bayer said that it has agreed to sell its metals subsidiary HC Starck to private equity firms Advent and Carlyle for about 1.2 billion euros (1.6 billion dollars) in total.


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Analyst says Sangamo BioSciences could be target: magazine
Reuters   Thursday, 23 November 2006
Reuters - Sangamo BioSciences Inc. , which is developing products for congestive heart failure and HIV, could become a takeover target for big pharmaceutical companies, an analyst said on Wednesday.
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Minn. man convicted in pharmacy case
AP   Thursday, 23 November 2006
AP - A 26-year-old man was convicted Wednesday of running an online pharmacy that prosecutors described as a multimillion-dollar empire that dispensed prescription medication to drug addicts.
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Japan stocks up for 2nd day, dollar down
AP   Wednesday, 22 November 2006
AP - Japanese stocks rose Wednesday for a second session as investors scooped up metal, oil, bank and retail shares after the market's recent tumble.
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Fatal shooting at Fla. hospital
AP   Tuesday, 21 November 2006
AP - A woman fatally shot a hospital worker in the head Monday at a busy pharmacy and was quickly arrested, authorities said.
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Target expands $4 generics to all U.S. pharmacies
Reuters   Tuesday, 21 November 2006

A woman leaves a Target department store in a Denver suburb May 12, 2005. Target Corp. said on Monday, November 20, 2006 that all of its 1,287 pharmacies across the United States would start offering some generic drugs for $4. (Rick Wilking/Reuters)Reuters - Target Corp. expanded its $4 generic drug program to all of its U.S. pharmacies on Monday, moving beyond states where it was matching a plan offered by rival Wal-Mart.


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