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Sweden's Meda buys 3M European pharmaceutical unit
Reuters   Thursday, 09 November 2006
Reuters - Swedish drugs group Meda (MEDAa.ST) said on Thursday it was to pay 6.2 billion crowns ($866.6 million) to buy the European pharmaceuticals business of U.S. diversified manufacturer 3M .
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Democrat win may hurt defense stocks, drugs
Reuters   Thursday, 09 November 2006

Democratic party supporters react as television news first predict that the Democratic Party will control the House of Representatives at a mid-term election night party for the Democratic Party in Washington November 7, 2006. (Jason Reed/Reuters)Reuters - The stocks most vulnerable to the Democrats' congressional gains are crowded in the defense, pharmaceutical, oil and insurance sectors, while alternative energy providers are clear early winners from the change.


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Investors Sell Teva after Profit Surge
BusinessWeek Online   Wednesday, 08 November 2006
BusinessWeek Online - Teva Pharmaceutical Industries (NASDAQ:TEVA - News) on Nov. 7 announced surging income during the third quarter, as the Israel-based company integrated its business with the recently acquired IVAX Corp. But some market players were disappointed.
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Medco tried to strike deal with Caremark: WSJ
Reuters   Wednesday, 08 November 2006
Reuters - Medco Health Solutions Inc. tried to strike a merger deal with Caremark Rx Inc. in the days before the rival pharmacy-benefits manager accepted a $21 billion bid from drug chain CVS Corp. , The Wall Street Journal reported on Wednesday.
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'Stration' Worm Spawns Sneak Attacks
TechWeb   Wednesday, 08 November 2006
TechWeb - Anti-virus vendors completely missed the fact that the most massive worm attack in months has a secondary payload that has sent millions of pharmaceutical spam messages, a security intelligence company revealed Tuesday.
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Abbott buys out Kos Pharmaceuticals
AP   Tuesday, 07 November 2006
AP - Abbott Laboratories Inc. set its sights on treating cardiovascular ailments Monday and announced its second major acquisition of the year, agreeing to buy out Kos Pharmaceuticals Inc. for $3.7 billion.
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Abbot buys cholesterol drugmaker Kos for 3.7 billion dollars
AFP   Monday, 06 November 2006

Bottles of Kaletra, made by US healthcare group Abbott Laboratories, are displayed at a pharmacy in Brasilia, Brazil, in June 2005. Abbott said it was acquiring Kos Pharmaceuticals Inc. for 3.7 billion dollars to add cholesterol treatments to its business.(AFP/File/Evaristo Sa)AFP - US healthcare group Abbott Laboratories said it was acquiring Kos Pharmaceuticals Inc. for 3.7 billion dollars to add cholesterol treatments to its business.


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Barr begins shipping Plan B to pharmacies
Reuters   Monday, 06 November 2006
Reuters - Barr Pharmaceuticals Inc. said on Monday it began shipping a version of the Plan B emergency contraceptive that will be available without a prescription to consumers at least 18 years of age, while remaining prescription-only for younger women.
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Abbott to buy Kos for $3.7 bln in cholesterol move
Reuters   Monday, 06 November 2006
Reuters - Abbott Laboratories Inc. said on Monday it will acquire Kos Pharmaceuticals Inc. for $3.7 billion to boost its presence in the lucrative cholesterol-treatment market.
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Ex-McKesson execs acquitted of fraud
AP   Saturday, 04 November 2006
AP - Two former McKesson Corp. executives were acquitted Friday on one count each of federal securities fraud, but a mistrial was declared on six other counts in a $9 billion accounting scandal at the pharmaceutical distribution company.
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CVS-Caremark deal could mean lower co-pays at drugstores
USATODAY.com   Thursday, 02 November 2006
USATODAY.com - In a deal announced Wednesday, drugstore chain CVS said it would buy Caremark, one of the USA's biggest pharmacy benefit management companies. USA TODAY looks at what this might mean:
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