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Smithfield's China deal spurs heparin heart drug safety concerns

2013-07-26 04:23:44| Food - Topix.net

U.S. lawmakers are concerned a Chinese company's planned $4.7 billion acquisition of pork producer Smithfield Foods Inc could affect the safety and availability of heparin, a blood-thinner widely used in heart surgery and kidney dialysis that is derived from pig intestines.

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Boston Strategics Announces Strategic Alliance With UT MD Anderson For Oncology Drug Development

2013-07-25 13:10:00| drugdiscoveryonline Home Page

Boston Strategics Corporation announced recently a strategic alliance with the University of Texas MD Anderson Cancer Center to facilitate oncology drug development by integrating the translational and clinical oncology development expertise and resources of MD Anderson with the “True Open Innovation” network built by Boston Strategics

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AmerisourceBergen 3Q net income falls on charges Prescription drug...

2013-07-25 11:50:27| Biotech - Topix.net

Prescription drug distributor AmerisourceBergen Corp. said Wednesday its net income fell 1 percent in the fiscal third quarter on an accounting charge and fees related to a stock sale.

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Drug maker Biogen Idec building an open campus in an effort to reflect its corporate culture

2013-07-24 18:07:03| Biotech - Topix.net

Starting this week, about 300 employees are moving from older offices on the company's Kendall Square research and manufacturing campus to the first of two new buildings opening this year.

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Lilly beats forecast, helped by drug soon to face generics

2013-07-24 14:02:34| Biotech - Topix.net

Eli Lilly and Co reported higher-than-expected quarterly earnings, helped by cost cuts and strong sales growth of Cymbalta, a depression treatment that will soon lose patent protection, and the drugmaker raised its full-year profit forecast.

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