Content about New York

NEW YORK Bristol-Myers Squibb formally has begun its tender offer for biotech company ZymoGenetics, the drug maker said Friday.

Bristol-Myers Squibb announced its intent to acquire the Seattle-based company earlier this week for $885 million, or $9.75 per share.

NEW YORK Coty has signed German supermodel and TV presenter Heidi Klum as the new face and artistic adviser for the global beauty brand Astor.

The first-of-its-kind creative collaboration allows the Astor brand to integrate Klum's fashion-forward point of view into the brand collections and capitalize on the style trends, as part of the company's mission to introduce the brand to a new audience and speak to consumers in a new way.

NEW YORK Efforts by two generic drug makers to market a generic version of a drug for multiple sclerosis hit an obstacle this week in a U.S. District Court.

The U.S. District Court for the Southern District of New York denied a motion for summary judgment filed by Sandoz and Momenta Pharmaceuticals that patents covering Teva Pharmaceutical Industries’ drug Copaxone (glatiramer acetate) are invalid due to indefiniteness.

NEW YORK Revlon has partnered with its global artistic director Gucci Westman to help create the beauty looks for spring 2011 during New York Fashion Week, Sept. 9 to 16.

During New York Fashion Week, Westman is leading her team of makeup artists to create beauty looks that are gracing the runways at such shows as Richard Chai, Rag & Bone, Ohne Titel and Oscar de la Renta.

In addition to New York City, Westman also will be backstage with Revlon during London and Paris Fashion Weeks.

NEW YORK British drug maker GlaxoSmithKline and biotech company Genmab have started a late-stage trial of a biotech drug for treating cancer, the two companies said.

NEW YORK Sports icon and humanitarian Billie Jean King has been named a co-founder of Mission Skincare, a line of athlete-engineered skin care products.

King is the latest sports legend to join forces as co-founder of the brand.

King joins a team of celebrated athletes who also serve as co-founders, including golf pro Sergio Garcia, tennis star Serena Williams, two-time MVP league Steve Nash, MLB All Star David Wright and two-time Gold Medal soccer player Mia Hamm, among others.

NEW YORK Lack of beauty sleep may up one's risk of developing a condition that leads to diabetes and heart disease, a new study found.

NEW YORK Despite concerns that this year's flu vaccine production will be affected by the recent salmonella outbreak, a Food and Drug Administration official and a drug maker advised that is not the case, according to published reports.

Although chicken eggs, which were said to be the source of this summer's salmonella outbreak, are used to make the flu vaccine, an FDA spokeswoman said that chicken eggs used in creating the flu vaccine are fertilized, unlike those used for consumption.