Content about Financial News

April 10, 2008
Longs Drug March sales rise

Longs Drug posted an increase in same-store sales in March helped by the early arrival...

April 10, 2008
PDL to spin off biotech business

PDL BioPharma will spin off its biotech business, according to published reports....

April 9, 2008
Rite Aid posts fiscal 2008 results

Rite Aid Thursday morning reported a net loss of $1.1 billion for its fiscal 2008...

April 3, 2008
J.P. Morgan places confidence in biotech sector

J.P. Morgan has revealed its confidence in healthcare stocks in the biotech sector, citing historical...

April 2, 2008
Rite Aid posts sales increase for March

Rite Aid on Thursday reported a same-store sales increase of 2.6 percent (which does not...

April 1, 2008
New data released on growth of cosmetics, toiletries market

The global cosmetics and toiletries market experienced growth in 2007, fueled in part by innovation...

April 1, 2008
New York State budget to include discount Rx cards

As part of the state budget being completed this week, the New York government is...

April 1, 2008
Rite Aid extends solicitation of consent to amend terms of senior secure notes

Rite Aid on Wednesday announced that it had extended its solicitation of consents to amend...

April 1, 2008
Walgreens sales gain in March, but Easter, not Rx, gets the credit

Walgreens saw a healthy but qualified rise in sales for the month of March, as...

March 31, 2008
Arcadia funds DailyMed with $5 million debt facility

Arcadia Resources, a provider of consumer health services doing business under the trade name of...

March 31, 2008
C&D purchases Del Pharmaceuticals from Coty for $380 million

The stewardship behind Del Pharmaceuticals will be changing for the second time in three months...

March 30, 2008
Fred's releases Q4 figures, announces multi-year strategic plan

Fred's on Thursday cited the underperformance of 22 pharmacies and 75 stores as significant contributors...

March 30, 2008
New company merger makes way for Alnylam to expand RNAi access

On the announcement of Tekmira Pharmaceuticals and Protiva Biotherapeutics’ business transaction to create a new...

March 30, 2008
Pfizer plans to buy Encysive after expiration of antitrust review

Pfizer declared its interest in buying Encysive Pharmaceuticals’ outstanding shares at $2.34 on the news...

March 30, 2008
Rite Aid extends consent solicitation for senior secured notes

Rite Aid on Monday morning announced that it has extended its solicitation of consents to...

March 27, 2008
Vertex facing lawsuit from disgruntled investors

Vertex Pharmaceuticals’ investors had a class action lawsuit filed for them in the U.S. District...

March 26, 2008
FDA commissioner blames budget for agency's woes

At a conference Wednesday, Food and Drug Administration commissioner Andrew von Eschenbach said that the...

March 25, 2008
Eli Lilly, Sanofi-Aventis partner to market Cialis

Sanofi-Aventis has agreed to help Eli Lilly market its impotency drug Cialis, according to cnnmoney.com....

March 25, 2008
Greyson listed on electronic OTC exchange

Greyson International Inc. is now trading as a public entity under the symbol “GYSN,” the...

March 24, 2008
Congress passes budget increase for FDA

The proposed budget for the Food and Drug Administration will soon see more funds headed...

March 24, 2008
Study shows correlation between free samples and higher prescription costs

According to a new survey from the Agency for Healthcare Research and Quality, patients who...

March 23, 2008
Cost controls yield modest gains for Walgreens in second quarter

Efforts by Walgreens to control its burgeoning operating expenses bore fruit in the second quarter...

March 23, 2008
Walgreens wins exclusive pharmacy contract with Blues’ PBM division, Prime Therapeutics

In a significant coup that underscores its increasing leverage as a powerful national pharmacy retailer,...

March 20, 2008
General Mills announces Q3 growth in FY2008

General Mills results for the third quarter of fiscal 2008, showed that net sales climbed...

March 20, 2008
McCain’s healthcare plan suggests a loss for pharmaceutical companies

John McCain’s healthcare plan, with a call to purchase drugs in Canada, may cost American...

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