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Mylan Pharmaceuticals is planning an expansion in southeast Greensboro that
will add about 125,000 square feet to its existing space, nearly doubling its
size.
Wyeth Pharmaceuticals said it was served with a subpoena
from the U.S. Attorney's Office in Massachusetts over pricing practices for
its Protonix heartburn drug.
Middle-age women can significantly reduce their risk of stroke by regularly
taking low doses of aspirin, according to a new study that healthcare experts
say will have major public health implications.
The advances made in biotechnology R&D during the late 1980s and 1990s have
significantly boosted the chances of biological therapeutics coming to market
today, according to a drug development study.
The nonpartisan Congressional Budget Office
(CBO) has boosted its cost estimate for the Medicare prescription drug benefit,
in part because the law's final rules allow drug plan sponsors to design more
generous Rx formularies than had been expected.
The Centers for Medicare & Medicaid Services (CMS) performs only minimal
oversight of drugmaker-reported best prices -- a practice that has resulted
in taxpayers being overcharged for prescription drugs purchased through Medicaid,
according to a new government report.
Cell Genesys Inc. said its CFO Matthew Pfeffer will step down as soon as a replacement
is found. Cell Genesys also said it hired Robert Dow to serve in the newly created
position of senior vice president of medical affairs.
The shareholders of Watertown-based V.I. Technologies (Vitex) and Panacos Pharmaceuticals
in Maryland approved the merger between the two companies in separate special
shareholder meetings yesterday.
Encysive Pharmaceuticals announced the pricing of $115 million principal amount
of its Convertible Senior Notes due 2012 through a private placement to qualified
institutional buyers pursuant to Rule 144A of the Securities Act of 1933, as
amended.