Pfizer Buys King Pharma for $3.6 Billion

With King in its fold, Pfizer — which makes Lyrica and Celebrex — believes it can build an industry-leading portfolio of pain relievers. Among King’s most appealing entrants in that market is the new Embeda, designed to preve…

Forget 11,000. Here’s What’s Happening in the Dow

Regardless of where the index stands, since the Dow gets so much attention, it’s interesting to note how its components are pushing and pulling on the measure. Let’s look at how the various component stocks are performing.
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Sanofi Denies Offering $69-$80 Price Range to Genzyme

There’s a new plot twist in the takeover battle between French pharmaceutical giant Sanofi-Aventis and U.S. drugmaker Genzyme. A regulatory filing made by Genzyme on Thursday claims Sanofi may be willing to go much higher than …

The High Costs of Dementia Are Set to Soar Worldwide

Its total worldwide costs for 2010 are estimated to be $604 billion, or around 1% of the world’s GDP, according to World Alzheimer Report 2010 from Alzheimer’s Disease International. By 2030, that burden could hit more than $1….