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    By Melly Alazraki

    | 11:35AM 10/26/2010
    Bristol-Myers Squibb, which sells blood thinner Plavix, today reported better-than-expected third quarter earnings, mainly due to cost cuts. Revenue, however, fell short of expectations, and shares are down in trading Tuesday.

    By Melly Alazraki

    | 5:00PM 11/11/2009
    It seems that when it comes to Aranesp, its blockbuster anemia drug, Amgen (AMGN) just can't catch a break, nor for that matter, create one. Recently, Amgen was hit with a double whammy -- a lawsuit and an unfavorable study of the drug. On Tuesday, yet another study confirmed that cancer patients...

    By Melly Alazraki

    | 2:00PM 8/31/2009
    AstraZeneca (AZN) has long hoped that its blood-thinner drug Brilinta was going to become a blockbuster. From the looks of things, the company may gets its wish. Back in May, the pharmaceutical company announced that its experimental heart drug Brilinta was more effective than Sanofi-Aventis...

    By Melly Alazraki

    | 4:00PM 8/06/2009
    Animal lovers range in intensity from those who wouldn't needlessly harm animals but definitely put human life ahead of animal life, to those who see them as equal, to those who put animal life ahead of human life. The public at large, I'd venture to guess, belongs to the first group for the most...

    By Douglas McIntyre

    | 8:30AM 7/23/2009
    Shares in Human Genome Sciences (HGSI) rocketed up on news that it had received promising results for its lupus drug. Suddenly, the successes -- and potential successes -- of the biotech industry are in the spotlight again. The heated-up biotech sector got another boost yesterday when Bristol-Myers...

    By Melly Alazraki

    | 6:00PM 5/11/2009
    If you opened any financial newspaper or site today, you couldn't have missed it: AstraZeneca (AZN) announced that its experimental heart drug Brilinta was more effective than Sanofi-Aventis (SNY) and Bristol-Myers Squibb Co's (BMY) blockbuster Plavix in the prevention of cardiovascular events,...

    By Melly Alazraki

    | 4:00PM 4/17/2009
    When we hear of pharmaceutical companies' ventures it's usually either a straight merger & acquisition or a collaboration on a drug or two in their pipelines to share costs and, of course, potential profits. But Pfizer Inc. (PFE) and GlaxoSmithKline (GSK) have come up with a new one. Rather...

    By Peter Cohan

    | 9:30AM 3/09/2009
    It seems like every time we get a Democratic president, Merck (MRK) decides it needs to make a big merger. Last time Merck made a big deal it was 1993 just after Bill Clinton entered the White House. Merck was afraid of politically-driven change in the health care industry -- as well as the...