| Drug Makers Disclose Value of Samples Pfizer handed out drug samples valued at $2.7 billion in 2007, while Merck gave doctors $356 million in free medicines, according to the first comprehensive data on drug-company sampling. online.wsj.com |
Blockbuster Odds Dim for Roche Roche hopes to bring a potential blockbuster diabetes drug to market have dropped further after the Swiss pharma giant released detailed late-stage trial figures. online.wsj.com |
Aspen / Sigma Lead a Busy Week of Biotech Deals The Burrill Report submits: By Marie DaghlianLife sciences companies saw $3.4 billion in disclosed M&A transactions and $1.1 billion in disclosed partnering deals during the third week of August. Aspen Pharmacare’s (APNHF.PK) acquisition of the drugmaking assets of Sigma Pharmaceuticals for $806 million in cash will allow the troubled Australian pharmaceutical to clear its outstanding debt and focus on its pharmacy wholesale and retail division. The acquisition will make Aspen, Africa’s largest drugmaker, the largest prescription pharmaceuticals manufacturer in Australia. Aspen will acquire Herron and Orphan drug lines and manufacturing operations, as well as its generic and over-the-counter drug portfolios.Complete Story » seekingalpha.com |
LabCorp's Zero Coupon Convertible Subordinated Notes Due 2021 to Accrue Contingent Interest [Business Wire] - BURLINGTON, N.C.----Laboratory Corporation of America® Holdings announced today that for the period of September 12, 2010 to March 11, 2011, its Zero Coupon Convertible Subordinated Notes due 2021 will, subject to the terms of the Zero Coupon Notes, accrue contingent cash interest at a rate of no less than 0.125% of the average market price of a Zero Coupon Note for the five trading days ended September 8, 2010, in addition to the continued accrual of the original issue discount. us.rd.yahoo.com |
Shop Your Way Rewards B-Roll - Video Sears and Kmart Announce Grand Prize Winner and Benefiting Charities of Shop Your Way Rewards Contest feedproxy.google.com |