UPDATE 1-Roche takes $5.7 mln bid to Illumina shareholders
March 20, 2012
ZURICH, March 20 (Reuters) - - Swiss drug maker Roche on Tuesday took its $5.7 billion bid for Illumina directly to shareholders hoping to persuade them that the U.S. gene decoder faces pressure on... Read More
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UPDATE 1-FDA approves generic Boniva for osteoporosis
March 19, 2012
March 19 (Reuters) - The first generic versions of Roche's bone-strengthening drug Boniva have been approved by the U.S. Food and Drug Administration. Read More
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TABLE-Norway's SWF largest holdings at end-2011
March 16, 2012
OSLO, March 16 (Reuters) - Below are the biggest equity and fixed-income holdings in Norway's $606-billion sovereign wealth fund (SWF), as given in its annual report on Friday. Holdings in billions of... Read More
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Leukemia gene mutations linked to survival odds
March 14, 2012
March 14 (Reuters) - Advances in genetic profiling are paving the way for more precise, and effective, treatment of the aggressive bone marrow cancer known as acute mylogenous leukemia, or AML,... Read More
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NEW YORK, March 14 (Reuters) - Wall Street opened little changed on Wednesday as investors weighed comments from the U.S. Federal Reserve on the economy and banking sector against the recent five-day... Read More
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US STOCKS - Futures edge higher on economic optimism
March 14, 2012
NEW YORK, March 14 (Reuters) - U.S. stock index futures edged higher on Wednesday, putting the benchmark index on track for its sixth straight advance after comments from the U.S. Federal Reserve on... Read More
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March 13 (Reuters) - Swiss drugmaker Roche Holding AG said it received a request for additional information from the Federal Trade Commission (FTC) related to its $5.7 billion hostile cash bid for U.S.... Read More
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Biotech Trends: Analysts Expect Big Growth for Genetic Testing Industry (GHDX, ILMN, LIFE, MYGN)
March 13, 2012
LIPPER: Value, growth duke it out for supremacy
March 12, 2012
NEW YORK, March 12 (Reuters) - It's a debate as old as iconic investor Ben Graham himself: Are you a value investor, attracted to stocks that have been unfairly overlooked and are selling at a bargain?... Read More
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Abcam will pay $170 million to buy Epitomics, a US mAb pharma with a China manufacturing facility; Jiangxi Boya Bio-Pharma completed a $60 million IPO on the ChiNext exchange; 3SBio will form a $20... Read More
from ChinaBio® Today
UPDATE 1-Citi CEO Pandit's 2011 pay soars to $14.9 mln
March 08, 2012
NEW YORK, March 8 (Reuters) - Citigroup Chief Executive Vikram Pandit finally got his payday. The third biggest U.S. bank company paid Pandit $14.86 million in 2011, compared with a salary of $1 and no... Read More
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For Roche, China Is Necessary
March 08, 2012
Roche said its China revenues jumped 35% in 2011, though the company did not release specific figures. China is important to Roche, said CEO Severin Schwan at the company’s annual meeting, in part... Read More
from ChinaBio® Today
PDAC-Africa emerges as new frontier for gold M&A
March 06, 2012
TORONTO, March 6 (Reuters) - At the massive Prospectors and Developers convention, it's not hard to find a table full of mining executives huddled in conversation, their voices muffled by the din of... Read More
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companyNews
Roche sees alternatives to Illumina if bid fails
March 06, 2012
ZURICH, March 6 (Reuters) - Roche still hopes to succeed in its $5.7 billion hostile cash bid for U.S. gene decoder Illumina, but sees other alternatives if the takeover fails on price, the Swiss... Read More
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companyNews
Deals of the day -- mergers and acquisitions
February 27, 2012
Feb 27 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1000 GMT on Monday. Read More
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companyNews
UPDATE 3-Roche sticks to price in extended Illumina offer
February 27, 2012
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companyNews
Roche extends Illumina offer until late March
February 27, 2012
ZURICH, Feb 27 (Reuters) - Swiss drugmaker Roche announced on Monday it had extended its offer of $44.50 per share for gene sequencing company Illumina until March 23. Read More
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Roche seen extending Illumina offer at same price
February 24, 2012
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companyNews
Egyptian firm in fake Avastin scam proves elusive
February 21, 2012
CAIRO, Feb 21 (Reuters) - The trail of counterfeit copies of the multibillion-dollar cancer drug Avastin leads to an address in a crowded Cairo suburb, with no sign of the firm named by international... Read More
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companyNews
After-Hours Movers 02/16: (SPWR) (AMAT) (CLD) Higher; (RMTR) (PRGN) (QLIK) (MDRX) Lower
February 16, 2012
Rogers Corp. (ROG) Tops Q4 EPS by 14c
February 16, 2012
Trading Radar for 02/16: GM (GM), Baidu.com (BIDU), Altria (MO), Orbitz (OWW), Sunpower (SPWR) Report
February 15, 2012
U.S. stock index futures signal higher Wall St open
February 15, 2012
* U.S. stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 rising 0.5 to 0.6 percent. Read More
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PRESS DIGEST - Wall Street Journal - Feb 15
February 15, 2012
Feb 15 (Reuters) - The following were the top stories in The Wall Street Journal on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy. Read More
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PRESS DIGEST - New York Times business news - Feb 15
February 15, 2012
Feb 15 (Reuters) - The following were the top stories on The New York Times business pages on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy. Read More
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companyNews
Shareholders sue Illumina over Roche bid
February 14, 2012
Feb 14 (Reuters) - A group of Illumina shareholders has filed a putative class action against the life sciences company alleging that its directors adopted a poison pill plan to thwart a takeover by... Read More
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companyNews
Counterfeits of Roche cancer drug found in US
February 14, 2012
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companyNews
UPDATE 2-Illumina rejects Roche's bid as inadequate
February 07, 2012
NEW YORK, Feb 7 (Reuters) - Illumina rejected as inadequate on Tuesday a $5.7 billion hostile takeover bid from Roche, saying it undervalues the gene sequencing company. Read More
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UPDATE 1-Roche breast cancer drug gets FDA priority review
February 07, 2012
Feb 7 (Reuters) - U.S. health regulators granted a priority review for an experimental Roche breast cancer drug that in clinical trials added six months to the time before the disease worsened. Read More
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companyNews
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