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BRUSSELS (MarketWatch) -- The European Commission Tuesday extended its antitrust probe into the proposed takeover of Barr Pharmaceuticals Inc. (BRL) by Israel-based generic drugs manufacturer Teva Pharmaceutical Industries Ltd. (TEVA) by 10 working days due to commitments offered by Teva.

NEW YORK (MarketWatch) -- Mylan Pharmaceuticals Inc., a subsidiary of Mylan Inc. , said Tuesday it has settled with Novartis Pharmaceuticals Corp, Novartis Corp. and Novartis International AG over Letrozole drug, a generic form of Novartis' Femara. Under the agreement, the generic form of Novartis' breast-cancer treatment will be licensed for marketing, Pittsburgh-based Mylan said. Additional terms were confidential, the company said. Letrozole had U.S. sales of about $470 million for the 12 months ending Sept. 30. Shares of Mylan closed Monday at $8.85, down about 6%.

CHICAGO - NEC Display Solutions of America, a leading stand-alone provider of commercial LCD displays and projectors, today announced mammography usage clearance from the Food & Drug Administration fo... [WebWire - Tuesday, December 02, 2008]

Initial results demonstrate potential of '444 in the treatment of patients with moderate to severe asthma - - London UK and South San Francisco, CA - - GlaxoSmithKline Plc (GSK) and Theravance, Inc. (NA... [WebWire - Tuesday, December 02, 2008]

(This article was originally published Monday.) NEW YORK (MarketWatch) -- Probes into possible white-collar crime stemming from the U.S. financial crisis will likely be a major focus for the next U.S. Attorney for New York's Southern District when he or she takes office next year, departing U.S. Attorney Michael J. Garcia said. In a wide-ranging interview reflecting on his tenure last week, Garcia, the U.S. Attorney in Manhattan, told Dow Jones Newswires that white-collar crime and terrorism are the top priorities for the office and likely always will be.

NEW YORK (MarketWatch) -- Walgreens said Tuesday its november sales at stores open at least one year fell 0.9%, and front-end same-store sales also fell 0.9%. Total sales rose 3.7% to $4.96 billion, the drugstore operator said. Black Friday and the following weekend saw stronger consumer traffic than a year ago, Walgreens said, but fewer items were purchased per transaction. Transactions on a same-store basis rose 1.7% in november. Pharmacy sales increased 2.4% in the month, while same-pharmacy sales slipped 0.9%, hurt by 2.3 percentage points due to generic drug introductions in the last 12 months.

LA JOLLA, Calif. - Researchers at the Burnham Institute for Medical Research (Burnham) have shown in both fruit flies and humans that genes involved in embryonic heart development are also integral to... [WebWire - Tuesday, December 02, 2008]

San Diego - As the connection between second-hand smoke and coronary heart disease (CHD) became clearer and legislation was passed to reduce such passive smoking, exposures have been reduced. In an ar... [WebWire - Tuesday, December 02, 2008]

TEL AVIV (MarketWatch) - Israel stocks finished strong in the last hour of trading and rose on Tuesday, with a double-digit snapback in Africa-Israel buoying both the top index and the real-estate benchmark.

Gray mold is a gardener's nightmare. The fungus, also known by its scientific name Botrytis cinerea, is a scourge to more than 200 agricultural and ornamental plant species, including staples such as ...