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Pharmaceutical

Pfizer shareholders reject call to oust board members

May 4, 2006
Shareholders of pharmaceutical company Pfizer Inc. rejected a call recently to oust some members of the company''s board for approving a deal to pay its chief executive officer as much
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Judge seeks FDA ruling on Novartis drug

April 18, 2006
Reuters reports that a federal judge has ordered the U.S. Food and Drug Administration to decide after a long delay whether Novartis AG can market a version of human growth
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Swiss biotech company withdraws sale offer

April 10, 2006
Swiss biotechnology company Serono, the focus of takeover speculation for months, said it was no longer up for sale because offers had fallen short of its value, the Associated Press
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Court hearing Vioxx case evacuated in alert

March 23, 2006
A courthouse in Atlantic City where a case is being heard against drug company Merck & Co. over pain-relieving drug Vioxx was evacuated March 22 after a suspicious device
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FDA says Lilly drug doesn’t help ovarian cancer

March 13, 2006
Eli Lilly & Co.''s cancer drug Gemzar used in combination with a chemotherapy agent did not appear to adequately improve survival and increased toxicity for patients with advanced ovarian cancer,
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Casino workers to decide next Vioxx case

March 6, 2006
The Associated Press reports that Atlantic City casino workers will help decide whether drug manufacturer Merck & Co. is to blame for heart attacks suffered by two New Jersey men
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Merck cleared in first federal Vioxx case

February 20, 2006
A federal jury handed Merck & Co. a major victory last Friday, clearing the drug maker of any responsibility in the death of a 53-year-old Florida man who had a
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GlaxoSmithKline buys Croatian drug maker

February 20, 2006
Croatian drug maker Pliva recently sold its research and development center to GlaxoSmithKline PLC in a deal worth up to US$50 million (euro60 million). According to the Associated Press, Pliva
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Johnson & Johnson cheated out of $777,000

February 6, 2006
A medical device supplier from Louisiana recently admitted in U.S. District Court that he cheated Johnson & Johnson of $777,000 in rebates that his company did not merit. Gerald Tauzier,
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Potential New Orleans jurors get Vioxx retrial notices

January 23, 2006
Although New Orleans has fewer than half the residents it did before Hurricane Katrina, the judge hearing the first federal Vioxx trial has told attorneys he does not expect any
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