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<description>Business - Pharmaceutical</description>
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<lastBuildDate>Tue, 09 Feb 2010 23:12:05 GMT</lastBuildDate>
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<title>IMS Health 4Q profit shrinks 
    (AP)
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<pubDate>Tue, 09 Feb 2010 23:12:05 GMT</pubDate>
<description>AP - IMS Health Inc., which provides market data to pharmaceutical and health care companies, said Tuesday its fourth-quarter profit shrank 27 percent as rising expenses and restructuring charges failed to offset higher revenue.</description>
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<item>
<title>CVS settles Indiana complaint over 2 pharmacists 
    (AP)
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<pubDate>Tue, 09 Feb 2010 22:25:11 GMT</pubDate>
<description>AP - Pharmacy giant CVS will pay $1.95 million and verify that all of its pharmacists are licensed in Indiana to settle a state complaint that pharmacists with expired licenses dispensed prescriptions for several years at two of its drugstores, the state attorney general&#039;s office said Tuesday.</description>
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<title>Ligand posts 4Q profit as charge comes off books 
    (AP)
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<pubDate>Tue, 09 Feb 2010 18:11:44 GMT</pubDate>
<description>AP - Ligand Pharmaceuticals Inc. said Tuesday it turned a profit in the fourth quarter, compared with a year ago when it booked a hefty acquisition-related charge.</description>
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<item>
<title>Jackson doctor denies manslaughter charge 
    (AFP)
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<source>AFP</source>
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<pubDate>Tue, 09 Feb 2010 11:34:11 GMT</pubDate>
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<media:credit role="publishing company">(AFP)</media:credit>
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<item>
<title>AstraZeneca gets OK for expanded Crestor use 
    (AP)
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<pubDate>Tue, 09 Feb 2010 00:02:16 GMT</pubDate>
<description>AP - Federal regulators have granted AstraZeneca approval to market its cholesterol pill Crestor as a preventive measure against heart attack and stroke in patients with healthy cholesterol levels.</description>
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<item>
<title>Charles River reports profit, but revenue slides 
    (AP)
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<pubDate>Mon, 08 Feb 2010 22:53:38 GMT</pubDate>
<description>AP - Medical research equipment and services company Charles River Laboratories International Inc. reported a fourth-quarter on lower charges Monday, but revenue fell on weak demand from pharmaceutical and biotech companies.</description>
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<item>
<title>Lechleiter pay rises in 1st full year as Lilly CEO 
    (AP)
</title>
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<pubDate>Mon, 08 Feb 2010 21:50:43 GMT</pubDate>
<description>AP - Eli Lilly and Co. CEO John Lechleiter received a compensation package valued at $16.4 million for 2009, up 54 percent from 2008, the year he became the drug maker&#039;s chief executive, according to an Associated Press calculation of figures disclosed Monday in a regulatory filing.</description>
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<item>
<title>CVS Caremark profit tops view; shares up 6 percent 
    (Reuters)
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<pubDate>Mon, 08 Feb 2010 19:33:23 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/pharmaceutical/*http://news.yahoo.com/s/nm/20100208/bs_nm/us_cvscaremark">&#60;img src="http://d.yimg.com/a/p/rids/20100208/i/r1785292345.jpg?x=91&amp;y=130&amp;q=85&amp;sig=pEayJzOX8DUILET8gILlhQ--" align="left" height="130" width="91" alt="A pedestrian walks past a CVS drugstore in Boston, Massachusetts November 1, 2006. REUTERS/Brian Snyder" border="0" />&#60;/a>Reuters - CVS Caremark Corp  said recent problems at its pharmacy benefits management unit have been corrected and it posted a slightly better-than-expected rise in quarterly profit as its drugstore bested its rivals, driving the company&#39;s shares up as much as 8.8 percent.&#60;/p>&#60;br clear="all"/></description>
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<media:credit role="publishing company">(Reuters)</media:credit>
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<title>CVS Caremark 4Q profit grows 11 percent 
    (AP)
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<pubDate>Mon, 08 Feb 2010 17:29:42 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/pharmaceutical/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_earns_cvs_caremark">&#60;img src="http://d.yimg.com/a/p/ap/20100208/capt.b713da34a64c4f54afe67eda11c190e3.earns_cvs_caremark_nybz148.jpg?x=130&amp;y=92&amp;q=85&amp;sig=JSocbcdM2cbpYZ4rje_RNA--" align="left" height="92" width="130" alt="FILE - In this Aug. 3, 2006 file photo, customers take advantage of the drive through pharmacy window outside a CVS drug store in a Bainbridge Twp., Ohio. CVS Caremark Corp. said Monday, Feb. 8, 2010, its profit rose 11 percent in the fourth quarter as results improved for its pharmacy benefits management business, which has lost billions in contracts for the new year.(AP Photo/Amy Sancetta, File)" border="0" />&#60;/a>AP - CVS Caremark Corp., one of the nation&#039;s biggest drugstore operators, said Monday its profit rose 11 percent in the fourth quarter as results improved for its pharmacy benefits management business.&#60;/p>&#60;br clear="all"/></description>
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<media:credit role="publishing company">(AP)</media:credit>
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<item>
<title>Earnings Preview: CVS Caremark to report 4Q 
    (AP)
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<source>AP</source>
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<pubDate>Fri, 05 Feb 2010 15:46:21 GMT</pubDate>
<description>AP - Drugstore operator and pharmacy benefits manager CVS Caremark Corp. reports its fourth-quarter results before the stock market opens Monday.</description>
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<item>
<title>Teva Pharma settles some Medicaid drug price suits 
    (AP)
</title>
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<pubDate>Fri, 05 Feb 2010 14:56:34 GMT</pubDate>
<description>AP - Teva Pharmaceutical Industries Ltd., the world&#039;s largest generic drugmaker, said Friday it is settling several lawsuits related to Medicaid reimbursement for its products, and is setting aside $315 million to cover the settlement and other suits.</description>
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<item>
<title>Miss. settles Zyprexa suit for more than $18M 
    (AP)
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<pubDate>Thu, 04 Feb 2010 19:35:58 GMT</pubDate>
<description>AP - Mississippi will receive $18.5 million from drug maker Eli Lilly and Co. as part of a settlement over claims the company promoted the anti-psychotic Zyprexa for ailments it was not federally approved to treat, Attorney General Jim Hood said Thursday.</description>
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<item>
<title>GlaxoSmithKline hints at job cuts as profits soar 
    (AFP)
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<source>AFP</source>
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<pubDate>Thu, 04 Feb 2010 14:44:28 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/pharmaceutical/*http://news.yahoo.com/s/afp/20100204/bs_afp/britainpharmacompanyearningsgsk">&#60;img src="http://d.yimg.com/a/p/afp/20100204/capt.photo_1264907862220-1-0.jpg?x=130&amp;y=90&amp;q=85&amp;sig=UgDjgD1U9zLq8dsgulF_4Q--" align="left" height="90" width="130" alt="British pharmaceuticals giant GlaxoSmithKline on Thursday announced a 66-percent jump in fourth quarter net profit to 1.63 billion pounds (1.87 billion euros, 2.59 billion dollars) and pointed to further job cuts.(AFP/File/Odd Andersen)" border="0" />&#60;/a>AFP - British pharmaceuticals giant GlaxoSmithKline on Thursday announced a 66-percent jump in fourth quarter net profit and pointed to further job cuts as it looks to slash costs amid increased competition.&#60;/p>&#60;br clear="all"/></description>
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<media:credit role="publishing company">(AFP)</media:credit>
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<title>Drugmaker employee in NY charged with trade theft 
    (AP)
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<source>AP</source>
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<pubDate>Thu, 04 Feb 2010 01:00:27 GMT</pubDate>
<description>AP - A fired Bristol-Myers-Squibb Co. employee stole trade secrets from the drugmaker in a plot to launch his own pharmaceutical business in his native India, a federal prosecutor said Wednesday.</description>
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<item>
<title>Ironwood shares rise after IPO prices low 
    (AP)
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<source>AP</source>
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<pubDate>Wed, 03 Feb 2010 18:53:10 GMT</pubDate>
<description>AP - Shares of Ironwood Pharmaceuticals Inc. are up in their IPO debut after the drug developer&#039;s offering priced below expectations.</description>
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<item>
<title>Poniard laying off staff, changing leadership 
    (AP)
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<pubDate>Wed, 03 Feb 2010 18:25:59 GMT</pubDate>
<description>AP - Poniard Pharmaceuticals said Wednesday it will lay off more than half its work force and replace CEO Jerry McMahon.</description>
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<item>
<title>Keryx, FDA agree on colon cancer drug study goals 
    (AP)
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<source>AP</source>
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<pubDate>Wed, 03 Feb 2010 17:22:15 GMT</pubDate>
<description>AP - Keryx Biopharmaceuticals Inc. said Wednesday it reached an agreement with regulators on the design of a late-stage study of its cancer drug candidate perifosine.</description>
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<item>
<title>Vertex sees positive data in cystic fibrosis study 
    (AP)
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<source>AP</source>
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<pubDate>Wed, 03 Feb 2010 16:32:53 GMT</pubDate>
<description>AP - Vertex Pharmaceuticals Inc. said Wednesday its experimental cystic fibrosis drug VX-809 met key safety and tolerability goals in a midstage study.</description>
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<item>
<title>Auxilium says FDA approved hand drug Xiaflex 
    (AP)
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<source>AP</source>
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<pubDate>Wed, 03 Feb 2010 14:44:10 GMT</pubDate>
<description>AP - Auxilium Pharmaceuticals said it has received marketing approval for a drug to treat a condition that constricts the fingers and causes them to bend inward.</description>
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<item>
<title>Pfizer profit nearly triples to 767 million dollars 
    (AFP)
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<source>AFP</source>
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<pubDate>Wed, 03 Feb 2010 13:20:20 GMT</pubDate>
<description>&#60;p>&#60;a href="http://us.rd.yahoo.com/dailynews/rss/pharmaceutical/*http://news.yahoo.com/s/afp/20100203/ts_alt_afp/uscompanypharmaearningspfizer">&#60;img src="http://d.yimg.com/a/p/afp/20100203/capt.photo_1265200450813-2-0.jpg?x=92&amp;y=130&amp;q=85&amp;sig=3bJ6qu7dX6WAqDqTcelxPA--" align="left" height="130" width="92" alt="File photo of Viagra pills. Pharmaceutical giant Pfizer said fourth-quarter net income nearly tripled from a year ago to 767 million dollars, after acquiring rival Wyeth.(AFP/HO/File)" border="0" />&#60;/a>AFP - Pharmaceutical giant Pfizer said Wednesday fourth-quarter net income nearly tripled from a year ago to 767 million dollars, boosted by the acquisition of rival drugmaker Wyeth.&#60;/p>&#60;br clear="all"/></description>
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<media:credit role="publishing company">(AFP)</media:credit>
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