Threshold Pharmaceuticals 3Q loss widens on costs (AP) AP - Threshold Pharmaceuticals Inc., a development-stage biotechnology company, said late Thursday its third-quarter loss widened on higher research, development, and interest expenses. Mass. man faces new charges in alleged terror plot (AP)
On the Call: Cigna President David Cordani (AP) AP - Health insurer WellPoint Inc. announced plans last spring to sell its pharmacy benefits management business to Express Scripts Inc. for about $4.68 billion. Analysts have wondered whether other managed care companies would consider a similar sale. CVS Caremark 3Q profit up but loses big contracts (AP)
King 3Q profit falls on charges, but tops forecast (AP) AP - Drug developer King Pharmaceuticals said Thursday its third-quarter profit was cut in half by charges for related to its $1.6 billion buyout of rival Alpharma Inc. BioCryst receives $22.5 million peramivir order (AP) AP - BioCryst Pharmaceuticals Inc. said Thursday it will receive $22.5 million as part of a new contract with the Department of Health and Human Services over the intravenous flu treatment peramivir. Acne, wrinkle treatments help Medicis post profit (AP) AP - Medicis Pharmaceutical Corp. posted a third-quarter profit on Wednesday, as sales of its skin products surged, and a research and development charge came off the books. BioCryst partner seeks peramivir approval in Japan (AP) AP - BioCryst Pharmaceuticals Inc. said Wednesday its partner Shionogi & Co. filed for approval to market BioCryst's IV flu drug peramivir in Japan. Affymax 3Q loss narrows partnership payments (AP) AP - Biotechnology company Affymax Inc. said Wednesday its third-quarter loss narrowed on a boost in payments from its partner Takeda Pharmaceutical on the anemia drug candidate Hematide. You can save this news page by submitting it to your favorite sites:
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AP - A pharmacy college graduate was indicted Thursday on new charges in an alleged terror plot to kill two prominent U.S. politicians and shoot people at American shopping malls.
AP - CVS Caremark disclosed more multibillion dollar contract losses in its pharmacy benefits management business and said the head of the unit will depart.