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Pharmaceutical

Bristol-Myers, Eli Lilly Post Strong 2Q Results

Associated Press
July 25, 2008 - Like other major drugmakers, these companies saw benefits from the weak dollar in the second quarter as sales grew at a faster rate overseas....
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Weak Dollar, Foreign Sales Boost Drugmakers

Associated Press/AP Online
July 24, 2008 - New York-based Pfizer, the world's biggest drugmaker, said its profit more than doubled due to the exchange-rate benefit....
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Teva Completes Acquisition of Bentley Pharmaceuticals

Business Wire
July 24, 2008 - The aggregate purchase price paid by Teva for the Spanish generics firm was approximately $360 million in cash, or approximately $14.82 per Bentley share....
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Merck's 2Q Profit Up 143 Percent

Associated Press
July 23, 2008 - The Darmstadt-based company said that it expects total 2008 revenues to increase between 5 percent and 9 percent....
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International Sales Lift Pfizer 2Q profit

Associated Press
July 23, 2008 - Sales of the company's cholesterol drug Lipitor have increased 9 percent to $3 billion....
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Schering-Plough, Merck's Vytorin Misses Study Goal

Associated Press
July 22, 2008 - The cholesterol drug failed to prevent worsening of disease or lower the need for valve surgery among patients with aortic stenosis in a recent study....
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Roche Buys Mirus Bio for $125 Million

Associated Press
July 22, 2008 - Mirus is developing RNAi, or gene silencing, a technology that uses mechanisms within the body to target and "turn off" certain genes associated with cancer and other diseases....
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DuPont 2Q Profit Rises, Beats Expectations

Associated Press

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July 22, 2008 - The company said its bottom line was boosted by agriculture sales, a lawsuit settlement and a lower tax rate....
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Estee Lauder Acquires Stake in India's Forest Essentials

Business Wire
July 21, 2008 - The Indian firm manufactures, markets and sells beauty products that are based on Ayurvedic formulations....
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