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Sanofi, Genzyme Talks Still On
Sanofi-Aventis reported a 64% drop in fourth-quarter net profit due largely to restructuring costs, and said talks with takeover target Genzyme are continuing, furthering months of suspense surrounding the deal.
The Source: Sanofi Quiet on Genzyme Deal
Orexigen Cuts Jobs After Contrave Rejection
Orexigen said it will cut 23 jobs, resulting in a 40% reduction of its work force, after a recent regulatory rejection of its obesity drug.
Firm to Refine Heart Pump
World Heart paused enrollment in a study of its Levacor heart pump, pending regulatory approval of refinements to the device.
Actelion Investors Should Back Board
Elliott Advisers believes Actelion could be an attractive target for big pharma groups. But a standalone Actelion could be worth far more.
FDA Questions Cancer-Drug Makers
Federal officials questioned companies that make six cancer drugs about their failure to complete follow-up studies they promised to conduct in exchange for accelerated approval.
Chronic Treatments Bring Long-Term Costs
Roche's Avastin Gets a Trial Boost
Teva Profit Doubles, Outlook Disappoints
Community Health Is Determined in Tenet Bid
Kindred to Acquire RehabCare
In Search of Alcoholism Genes
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UPDATE: Shoppers Drug Wins Court Victory Over Ontario Government
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