Wednesday, July 31, 2013

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Cubist Pharmaceuticals to acquire 2 drugmakers
Businessweek
LEXINGTON, Mass. (AP) — Cubist Pharmaceuticals Inc. said Tuesday that it plans to acquire two other drug makers, Optimer and Trius Therapeutics, in an effort to expand its product portfolio. The deals are valued at $801 million and $818 million, if ...
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Iroko Pharma cancels IPO, citing timing
Businessweek
NEW YORK (AP) — Iroko Pharmaceuticals Inc. said Wednesday it will not pursue its planned initial public offering. "We have determined that the timing of this offering may not be optimal and in the best interest of the company," CEO John Vavricka said ...
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Vanda Pharma 2Q loss shrinks as expenses drop
Colorado Springs Gazette
WASHINGTON, D.C. (AP) — Vanda Pharmaceuticals Inc. reported a smaller second-quarter loss as a drop in expenses prompted by the completion of some clinical research helped the drug developer. The Washington, D.C., company, which focuses on ...
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Aegerion rises on strong 2Q Juxtapid sales
Businessweek
NEW YORK (AP) — Shares of Aegerion Pharmaceuticals Inc. rose Tuesday after the company reported strong second-quarter sales of its cholesterol disorder drug Juxtapid and nearly doubled its revenue estimate for the year. Aegerion said sales of the drug ...
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Divorce for reluctant bride after 6 decades of marriage
Hindu Business Line
The Hindu Unanimously endorsed bifurcation of Andhra Pradesh and creation of Telangana as 29th State at UPA meeting that is being watched live through television by Telangana Rashtra Samithi President K Chandrasekhara Rao, Party's Secretary general K ...
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Settlement to return $700000 to Okla. health care - KTUL.com - Tulsa, Oklahoma ...
KTUL
OKLAHOMA CITY (AP) - A pharmaceutical company that has agreed to pay almost $491 million to settle allegations it illegally marketed an organ transplant drug will return more than $27 million to state health care programs, including about $700,000 to ...
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Questcor rises as 2Q Acthar shipments climb
Businessweek
NEW YORK (AP) — Questcor Pharmaceuticals Inc. said Tuesday its net income surged in the second quarter as prescriptions for its H.P. Acthar gel rose 50 percent. Questcor said its net income grew 67 percent. HP Acthar gel is the company's main product, ...
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Express Scripts falls after profit growth report
MSN Money
(AP) - Shares of Express Scripts Holding Co. slipped Tuesday in trading, a day after the pharmacy benefits manager said its second-quarter profit soared and it raised its 2013 forecast. THE SPARK: The St. Louis company said Monday after markets closed ...
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