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Pharmaceutical

Medtronic's First-Quarter Profit Up 11 Percent

Saint Paul Pioneer Press (Minn.)
August 20, 2008 - The company's growth was driven by sales of spinal and heart devices....
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Salix Trying to Raise $50 Million to Expand

The News & Observer (Raleigh, N.C.)
August 20, 2008 - The drug company, which specializes in gastrointestinal treatments, plans to sell convertible senior notes to investors to raise capital to expand its product lineup....
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FDA Wants Pancreatitis Warning on Byetta Label

United Press International
August 19, 2008 - Use of the diabetes drug marketed by Amylin Pharmaceuticals has been linked to fatal cases of the disease....
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Lannett Announces Immediate Availability of Bulk Packs

Business Wire
August 18, 2008 - The generic drug maker is offering bulk quantities of its 22 products in a total of 43 different dosage strengths....
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FDA Approves Huntington's Disease Treatment

Prestwick Pharmaceuticeuticals
August 18, 2008 - Xenazine (tetrabenazine) from Prestwick Pharmaceuticals is the first medication indicated specifically for the condition....
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Estee Lauder Sees Net Sales Grow 8 Pct in 2008

Business Wire
August 15, 2008 - Net earnings for the cosmetics and personal care giant were $473.8 million for the year ended June 30, 2008, compared with $449.2 million last year....
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Genentech Rejects Roche's $43.7B Bid for a Complete Takeover

San Jose Mercury News (Calif.)

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August 14, 2008 - Roche already owns 56 percent of Genentech, the world biggest biotech company in terms of stock value and second biggest in revenue to Amgen of Thousand Oaks....
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August 13, 2008 - CVS has said that it plans to rebrand most of the 581 stores in the Longs chain, which is concentrated in Northern and Central California....
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