MEDICINE

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Merck profit falls short, shares drop 7 percent

Merck & Co reported disappointing sales and earnings on Tuesday due to the global economic slowdown and plunging sales of its Gardasil vaccine, and announced a setback for its experimental migraine drug, sending its shares down 7 percent.
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Express Scripts to buy WellPoint prescription unit

Express Scripts Inc will buy health insurer WellPoint Inc's NextRx prescription business for $4.68 billion, becoming the No. 2 U.S. pharmacy benefit manager while gaining more leverage in driving down drug prices.
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Genentech Withdraws Raptiva from US Market

Biotech firm Genentech Inc, recently acquired by Roche Holdings AG for $47 billion, said Wednesday that it has pulled its psoriasis drug Raptiva from the U.S. market because of its association with rare, but often fatal brain infection.
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Analysts optimistic on MAP Pharma's migraine trial

Results of a late-stage trial of MAP Pharmaceuticals Inc's inhaled migraine drug will represent a critical moment for the company given the recent failure of its other key drug to treat asthma in children.
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Obama orders tough medicine for GM, Chrysler

President Barack Obama seized the wheel of the failing U.S. auto industry on Monday, forcing out General Motors Corp's chief executive, pushing Chrysler LLC toward a merger and threatening bankruptcy for both.
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Most Exotic Spa Treatments

Whether you like your body scrubbed with powdered black pearls, rubbed with hot jade stones, or wrapped in coca leaves, there’s a spa out there for you. Here’s a disappointing...
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Vatican defends pope condoms stand

The Vatican Wednesday defended Pope Benedict's opposition to the use of condoms to stop the spread of AIDS as activists, doctors and politicians criticized it as unrealistic, unscientific and dangerous.
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Benedict arrives in Africa for first time as pope

Pope Benedict arrived in Africa on Tuesday, where he said the continent's people were suffering disproportionately due to the global challenges of food shortages, financial crises and climate change.
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E-prescribing to soar with new spending: study

As many as 75 percent of U.S. doctors will be writing electronic prescriptions within five years, thanks to new federal spending to encourage e-prescribing, according to a forecast released on Monday.
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E-prescribing to soar with new spending

As many as 75 percent of U.S. doctors will be writing electronic prescriptions within five years, thanks to new federal spending to encourage e-prescribing, according to a forecast released on Monday.
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Kidnapped Darfur aid workers released

Medecins Sans Frontiers (MSF) aid workers who were kidnapped on Wednesday were freed on Saturday evening; a Sudanese guard who was kidnapped along with them was not released.
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Pfizer drug works on rare pancreatic cancer-study

A study of Pfizer Inc's Sutent was halted early after the medicine delayed progression of a rare form of pancreatic cancer affecting tens of thousands of people globally, including Apple Inc CEO Steve Jobs.

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