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Reuters
Monday, 08 January 2007
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 Reuters - Pharmacy benefit manager Caremark Rx
said late on Sunday it had rejected a roughly $26 billion
takeover bid from rival Express Scripts, saying it favored an
offer of about $22.2 billion from drugstore chain CVS Corp.
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Reuters
Monday, 08 January 2007
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Reuters - Drugstore chain CVS Corp. on
Monday said it expected to close its merger with pharmacy
benefit manager Caremark Rx Inc. in the first quarter.
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AP
Saturday, 06 January 2007
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AP - Several women who were sexually assaulted by a former Rite Aid manager who knocked them out with stolen drugs have sued their attacker and the pharmacy chain for $18 million. |
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Reuters
Saturday, 06 January 2007
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Reuters - An ovarian cancer drug under development
by Genentech Inc. that many investors had written off
showed promise in a midstage trial, even though the trial may
not have met its main goal. |
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BusinessWeek Online
Friday, 05 January 2007
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BusinessWeek Online - Eli Lilly expects to settle thousands of lawsuits over how it marketed the anti-psychotic drug Zyprexa for less than $500 million, the Indianapolis pharmaceutical company said on Jan. 4. |
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AP
Friday, 05 January 2007
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 AP - Express Scripts Inc., which has launched a hostile bid for rival pharmacy benefits manager Caremark Rx Inc., took its case directly to Caremark shareholders Thursday, urging them in a letter to vote against a buyout offer from CVS Corp.
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Reuters
Friday, 05 January 2007
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Reuters - Longs Drug Stores Corp. , which
operates more than 500 pharmacies in the western United States,
on Thursday said December sales at retail drug stores open at
least one year rose 1 percent from a year earlier. |
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Reuters
Friday, 05 January 2007
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Reuters - The high-stakes battle to acquire
Caremark Rx Inc. escalated on Thursday when Express Scripts
Inc. urged shareholders of the rival pharmacy benefits manager
to reject an offer from drugstore chain CVS Corp. |
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AP
Friday, 05 January 2007
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AP - Eli Lilly and Co. said Thursday it will settle about 18,000 additional lawsuits alleging the drugmaker did not adequately warn patients that its anti-psychotic medication Zyprexa carries a heightened risk of diabetes. |
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Reuters
Friday, 05 January 2007
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Reuters - Eli Lilly and Co. said
on Thursday it has agreed to settle the majority of cases
brought against the company by patients claiming its
antipsychotic drug Zyprexa caused them to develop diabetes. |
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AP
Friday, 05 January 2007
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AP - The drugmaker Eli Lilly and Co. said Thursday it will settle more liability lawsuits for its anti-psychotic medication Zyprexa for less than $500 million. |
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