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GlaxoSmithKline announced that Gemstone Acquisition Corporation, a wholly-owned subsidiary of GSK, is commencing a cash tender offer to purchase all outstanding shares of common stock of Genelabs ...

Merck Serono, the division for innovative pharmaceuticals of Merck KGaA, Darmstadt, Germany, held a cornerstone ceremony at the Merck Serono Biotech Center (MSBC), its production site in ...

Novexe announced that its most advanced injectable antibacterial, which combines Novexel?s broad spectrum beta-lactamase inhibitor, NXL104, with the well established cephalosporin antibiotic, ...

Tens of thousands of people with severe vision loss are set to benefit after the announcement of a landmark partnership of world-leading Australian research institutes. Bionic Vision Australia will ...

Actavis Group is pleased to announce that Clamelle Azithromycin 500mg Tablets and Clamelle Chlamydia Test Kits are now available for pharmacy distribution in the UK. - - Clamelle Chlamydia Service - Th... [WebWire - Friday, november 14, 2008]

Agency Grants New Indication for Bothersome Vaginal Symptom Associated With Menopause - - Collegeville, Pa. - PREMARIN® (conjugated estrogens) Vaginal Cream 0.5 g has been approved by the U.S. Fo... [WebWire - Friday, november 14, 2008]

ANN ARBOR, MI (MARKET WIRE) Adeona Pharmaceuticals, Inc. (AMEX: AEN), a pharmaceutical company developing innovative late-stage drug candidates for the treatment of autoimmune and central nervous system (CNS) diseases, today announced its clinical update and results for its third quarter of 2008.

LONDON (MarketWatch) -- GlaxoSmithKline , europe's largest drugmaker, was downgraded to neutral from buy by UBS. The broker cited its 35% rise against the FTSE since Feb. 11. "Although the dividend yield still sits at an attractive 5% and interesting pipeline catalysts remain, valuation no longer offers what to us was a clear growth-value mismatch," the brokerage said.

Boeing and the Society of Professional Engineering Employees in Aerospace Local 2001 reached tentative agreement Friday on new four-year contracts covering 21,000 engineers and technical workers.

Louisville-based Almost Family Inc., a provider of home health nursing services, said Friday that it reached an agreement to acquire the assets of the Medicare-certified home health agency owned by Fairfield Medical Center, located near Columbus, Ohio. (AFAM)