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Genentech rejects $44bn offer by Roche
Wednesday, August 13, 2008 - 08:17 PM - 1 week, 6 days ago   -  Newspaper & TV news  -  FT.com - Drugs and Healthcare
Genentech has rejected an unsolicited $43.7bn takeover bid from its majority owner Roche but suggested it would consider a higher offer
CSL agrees $3bn cash deal for Talecris
Wednesday, August 13, 2008 - 08:17 PM - 1 week, 6 days ago   -  Newspaper & TV news  -  FT.com - Drugs and Healthcare
CSL has agreed to buy Talecris Biotherapeutics of the US for US$3.1bn in cash, as the Australian pharmaceutical group seeks to consolidate its presence in the global plasma products market.
CVS to acquire Longs Drug
Wednesday, August 13, 2008 - 08:17 PM - 1 week, 6 days ago   -  Newspaper & TV news  -  FT.com - Drugs and Healthcare
CVS Caremark said that it would buy Longs Drug Stores for $2.9bn, including debt, in a move that continues the consolidation of the US drug store sector
Drug companies face fresh action
Wednesday, August 13, 2008 - 08:17 PM - 1 week, 6 days ago   -  Newspaper & TV news  -  FT.com - Drugs and Healthcare
Efforts to punish a group of drug companies allegedly behind one of the biggest price-fixing schemes to hit the public purse are being stepped up after the collapse of their criminal trial
Biotechs must help themselves to recovery
Wednesday, August 13, 2008 - 08:17 PM - 1 week, 6 days ago   -  Newspaper & TV news  -  FT.com - Drugs and Healthcare
British biotechnology companies, rapped for their high-risk and rapid cash burn, are struggling more than ever due to challenging financing conditions, plunging share prices and cash reserves, drug failures and investor scepticism
Southern Cross trading in line with expectations
Wednesday, August 13, 2008 - 08:17 PM - 1 week, 6 days ago   -  Newspaper & TV news  -  FT.com - Drugs and Healthcare
The largest provider of care homes in the UK, is on track to post an improvement on its 2007 financial performance, providing it can resolve its recent woes related to its long term funding
US group takes Aids fight to Mexican prisons
Wednesday, August 13, 2008 - 08:17 PM - 1 week, 6 days ago   -  Newspaper & TV news  -  FT.com - Drugs and Healthcare
A US-based NGO highlights the challenges in tackling HIV and helps explain why there were 2.5m new infections around the world last year
Drug ruling prompts calls to cut prices
Wednesday, August 13, 2008 - 08:17 PM - 1 week, 6 days ago   -  Newspaper & TV news  -  FT.com - Drugs and Healthcare
Pressure on pharmaceutical groups intensified after the National Institute for Clinical Excellence rejected four treatments for advanced kidney cancer
Emerging nations urged to foot own Aids bill
Wednesday, August 13, 2008 - 08:17 PM - 1 week, 6 days ago   -  Newspaper & TV news  -  FT.com - Drugs and Healthcare
The call reflects growing concern among members and donors of the UN-backed Global Fund about the rising costs of tackling infectious diseases around the world
S&N lodges claims against vendors of Plus
Wednesday, August 13, 2008 - 08:17 PM - 1 week, 6 days ago   -  Newspaper & TV news  -  FT.com - Drugs and Healthcare
Shares jump 5% after medical devices group starts legal proceedings against four parties and announces strong half-year results

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