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Weak dollar, foreign sales boost drugmakers

Boston Globe, The | 59 minutes ago

TRENTON, N.J.—Profits posted Wednesday by Pfizer Inc. and Wyeth show a common theme among pharmaceutical companies -- nearly all the growth they're seeing these days is overseas, driven by emerging markets and the weak dollar.... (more)


Merck and Schering-Plough prepare Vytorin letter

Boston Globe, The | 59 minutes ago

NEW YORK—Vytorin partners Merck & Co. and Schering-Plough Corp. have prepared a letter for physicians who might be concerned over recent study results that showed patients taking the cholesterol drug were at higher risk of dying from cancer.... (more)


Genzyme shares fall on more Myozyme delays

Boston Globe, The | 59 minutes ago

NEW YORK—Shares of Genzyme Corp. fell Wednesday after the company reported positive second-quarter financial results but said plans to increase production of its genetic disorder drug Myozyme could be further delayed, pending a regulatory review.... (more)


Genetics pioneer McKusick honored

Sun (Baltimore), The | 1 hour ago

Dr. Victor A. McKusick, a Johns Hopkins professor widely considered the father of medical genetics, has been awarded the prestigious Japan Prize in Medical Genetics and Genomics and the $470,000 that goes with it.... (more)


Free Preview - WSJ.com

Barron's | 1 hour 6 minutes ago

Biogen Idec (BIIB: Nasdaq) By Robert W. Baird ($71.28, July 23, 2008)... (more)


Durham to consider millions in incentives for Merck

News & Observer (Raleigh, N.C.), The | 1 hour 7 minutes ago

Comment on this story DURHAM -- The Durham County Board of Commissioners on Monday will consider giving drug company Merck $2 million in economic incentives to expand its Durham facility, adding 150 to 180 jobs.County staffers have recommended that the board approve the proposal. The board will hold a public hearing at 7 p.m. Monday at its chambers on the second floor of 200 E. Main St., and will then vote.Merck's expansion would bring a $300 million investment to the county and the Treyb...... (more)


Slowing the Growth of Health Care Costs

New England Journal of Medicine, The | 1 hour 12 minutes ago

Slowing the Growth of Health Care Costs... (more)


Amerigroup swings to loss as sales climb - MarketWatch

MarketWatch | 1 hour 12 minutes ago

LOS ANGELES (MarketWatch) -- Amerigroup Corp. posted a second-quarter loss Wednesday due to the settlement of outstanding qui tam civil litigation, but the health insurer's operating income came in well ahead of street views.... (more)


GlaxoSmithKline to break up research and development operations

Times (London), The | 1 hour 15 minutes ago

The world's second-largest pharmaceuticals group is to abandon its big-is-beautiful model and run its businesses more like small biotech outfits.... (more)




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