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Companies
GlaxoSmithKline Viehbacher to Leave After Missing CEO Job PDF Print E-mail
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Pharmaceuticals
Written by GlaxoSmithKline   

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Sunday, 14 September 2008 07:00

London, September 8, 2008: GlaxoSmithKline plc (GSK) today announced that Chris Viehbacher, Executive Director and President North American Pharmaceuticals, has decided to stand down from the Board on 8th September, and will leave the company with effect from 1st December 2008 to pursue another opportunity.

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Merck sends Star-Ledger Letter to the Editor from Dick Pasternak PDF Print E-mail
Pharmaceuticals
Written by Merck   

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Saturday, 13 September 2008 15:17

September 12, 2008

Letter to the Editor
The Star-Ledger
1 Star-Ledger Plaza
Newark, NJ  07102-1200

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Walgreen Co. Proposes to Acquire Longs Drug Stores Corp. for $75 Per Share PDF Print E-mail
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Pharmaceuticals
Written by Walgreens   

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Saturday, 13 September 2008 15:02

Deerfield, IL, September 12, 2008: Walgreens [NYSE, NASDAQ:WAG] today proposed to acquire all of the outstanding shares of Longs Drug Stores Corporation (NYSE: LDG) for $75 per share in cash for a total purchase price of approximately $3 billion including the assumption of debt. The offer, which is subject to standard regulatory approvals and the completion of due diligence, represents a $3.50 per share premium over the cash purchase price to be paid to Longs shareholders under the proposed acquisition by CVS/Caremark Corporation [NYSE:CVS] announced on August 12.

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Allergan Inc. Announces Positive Top-Line Results from Phase III BOTOX Headache Program PDF Print E-mail
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Biotechnology Companies
Written by Allergan   

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Saturday, 13 September 2008 14:17

Irvine, CA, September 12, 2008: Allergan, Inc. [NYSE:AGN] today announced that it has completed a top-line analysis of its two Phase III clinical trials exploring the use of BOTOX® (botulinum toxin type A) for the prophylactic treatment of headache in adults suffering from chronic migraine – i.e., headaches and/or migraines that occur on 15 or more days each month.

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Osmetech Plc Announces Initial Public Offering of American Depositary Shares PDF Print E-mail
Biotechnology Companies
Written by Osmetech plc   

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Saturday, 13 September 2008 14:12

Pasadena, CA, September 12, 2008: Osmetech plc, a molecular diagnostics company, (proposed NASDAQ Global Market Symbol: OSMH) today announced that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of 5,500,000 American Depositary Shares (“ADSs”) (representing 192,500,000 ordinary shares) and listing of such ADSs on the NASDAQ Global Market through a Level III American Depositary Receipt program. The Company’s ordinary shares are currently admitted to trading on the AIM Market of the London Stock Exchange plc (the “AIM Market”) under the ticker symbol “OMH.”

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