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Pharmaceutical

Estee Lauder Sees Net Sales Grow 8 Pct in 2008

Business Wire
August 15, 2008 - Net earnings for the cosmetics and personal care giant were $473.8 million for the year ended June 30, 2008, compared with $449.2 million last year....
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Genentech Rejects Roche's $43.7B Bid for a Complete Takeover

San Jose Mercury News (Calif.)

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August 14, 2008 - Roche already owns 56 percent of Genentech, the world biggest biotech company in terms of stock value and second biggest in revenue to Amgen of Thousand Oaks....
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IGI Laboratories to Manufacture Prescription Products

Business Wire
August 14, 2008 - The firm, which specializes in making OTC skin treatment products, is set to begin producing topical prescription medications....
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NanoMedex Moving to Wisconsin

The Milwaukee Journal Sentinel
August 14, 2008 - The pharmaceutical company is aiming to bring to market an improved formulation of a widely used anesthetic....
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CVS Caremark Buys Longs Drug Stores

The Sacramento Bee (Calif.)

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August 13, 2008 - CVS has said that it plans to rebrand most of the 581 stores in the Longs chain, which is concentrated in Northern and Central California....
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Pharmaceutical Giants Tracking Mylan's Prosperity

The Pittsburgh Tribune-Review
August 13, 2008 - After its own recent acquisitions, the generic drug maker is increasingly the subject of takeover talks. ...
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FDA Approves Viread for Chronic Hepatitis B in Adults

Business Wire
August 12, 2008 - Gilead's drug has previously been approved for the treatment of hepatitis B in the European Union, Turkey, Australia and New Zealand....
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Vi-Jon Moves to Top of Private-Label Cosmetics Market

St. Louis Post-Dispatch
August 11, 2008 - The company has carved out a niche by making products that compete directly with brand offerings from titans like Procter & Gamble....
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FDA Approves Vapotherm Device

The Baltimore Sun
August 11, 2008 - About 800 hospitals in the U.S. and more than 20 countries now use Vapotherm devices in neonatal, pediatric and adult units to treat chronic lung and acute breathing disorders....
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