Lilly bullish on 2008 earnings (Reuters)

Reuters - Eli Lilly and Co on Thursday
forecast 2008 earnings above Wall Street expectations and said
it remained on track to seek U.S. approval this month for
prasugrel, a blood clot preventer, which posted mixed results
in a recent large clinical trial.

Biotech Firm Does It Cheaper, Just Like Other Chinese Companies (Investor's Business Daily)

Investor's Business Daily - The biotech industry isn't just a U.S. phenomenon. Yep, China has one, too, and it's growing about 20% a year.

GlaxoSmithKline to slash costs, jobs as profits drop (AFP)

AFP - British pharmaceutical giant GlaxoSmithKline said Wednesday it would cut jobs and costs as it blamed a fall in third-quarter profits on sliding sales of controversial diabetes drug Avandia.

Merck tops expectations, Schering misses (AP)

AP - Pharmaceutical companies Schering-Plough Corp. and Merck & Co. posted strong sales Monday from their joint venture on cholesterol drugs, but otherwise their third-quarter earnings reports — and investor reaction — were strikingly different.

Angiotech Pharma warns of Q3 loss on lower revenue, stock sinks (Canadian Press)

Canadian Press - VANCOUVER - Shares in Angiotech Pharmaceuticals Inc. (TSX:ANP) fell 25 per cent Friday morning as the company warned of a third-quarter loss, blaming a delay in revenue from new medical products, and also trimmed its full-year outlook.

Dems: Override children's health veto (AP)

AP - Democratic Sen. Max Baucus of Montana asked his colleagues on Saturday to override President Bush's veto of legislation that would expand a popular children's health insurance program.

Round 2 in Medicare fight upcoming (AP)

AP - Call it the health insurance companies and nursing homes versus doctors and the AARP, a classic, inside-the-Beltway struggle that erupted when House Democrats sought changes to Medicare.

Five states to sue U.S. over child health plan (Reuters)

Reuters - Five states said on Monday they will
sue the federal government to block new rules governing a
children's health insurance program that they fear will force
them to drop some children.

Nation - Monday (Investor's Business Daily)

Investor's Business Daily - Eight states will back a lawsuit to stop the U.S. gov't from imposing new rules that they fear will force them to cut children from state health insurance programs, New York Gov. Eliot Spitzer said. Congress OK'd a greatly expanded State Children's Health Insurance Program, but the bill would restrict how states could implement it. The states contend that could leave some children without insurance. Bush has vowed to veto the bill.

Bush: Democrats are risking kids' health (AP)

AP - President Bush challenged Democrats on Thursday to quickly renew a popular children's health insurance program and accused them of "putting poor children at risk so they can score political points in Washington."

AP Interview: Clinton on health care (AP)

AP - Democrat Hillary Rodham Clinton said Tuesday that a mandate requiring every American to purchase health insurance was the only way to achieve universal health care but she rejected the notion of punitive measures to force individuals into the health care system.

Lilly gets FDA nod on new osteoporosis drug use (Reuters)

Reuters - Eli Lilly & Co said on Friday
that it had won approval to market its blockbuster osteoporosis
drug to post-menopausal women who are at high risk for invasive
breast cancer.

Buyouts And Boomers Liven Medical Devices (Investor's Business Daily)

Investor's Business Daily - Several medical industry groups have climbed into leadership roles since the market rebounded from its summer low four weeks ago.

Health care premiums rise 6.1 percent (AP)

AP - The increasing cost of health insurance is putting coverage out of reach for many small to midsize companies and their workers, even though the rise in premiums this year was the lowest increase in eight years.

Roche sues Teva in U.S. over generic bone drug (Reuters)

Reuters - Swiss drugmaker Roche Holding AG is
taking legal action against Israel's Teva Pharmaceutical
Industries Ltd in the United States to prevent Teva
from selling a generic version of Roche osteoporosis drug
Boniva, Roche said on Tuesday.

Feds reject NY's bid to insure more kids (AP)

AP - The Bush administration demonstrated Friday it will strictly adhere to new guidelines that limit the scope of a popular children's health insurance program. It rejected an application from New York to let more middle-income families participate.

Feds reject NY's bid to insure more kids (AP)

AP - The Bush administration demonstrated Friday it will strictly adhere to new guidelines that limit the scope of a popular children's health insurance program. It rejected an application from New York to let more middle-income families participate.

Feds reject NY's bid to insure more kids (AP)

AP - The Bush administration demonstrated Friday it will strictly adhere to new guidelines that limit the scope of a popular children's health insurance program. It rejected an application from New York to let more middle-income families participate.

Feds reject NY's bid to insure more kids (AP)

AP - The Bush administration demonstrated Friday it will strictly adhere to new guidelines that limit the scope of a popular children's health insurance program. It rejected an application from New York to let more middle-income families participate.

Stocks climb as investors seek defensive plays (Reuters)

Reuters - Stocks rose on Thursday, led by
industrial and pharmaceutical shares, as investors turned
defensive ahead of jobs data that could show how much housing
and tight credit markets may have damaged the economy.

Financials weigh on FTSE (FT.com)

FT.com - London equities were little changed in opening trade on Wednesday as lingering strength in oil and mining stocks helped counter weakness in banking and pharmaceutical stocks.

Financials weigh on FTSE (FT.com)

FT.com - London equities were little changed in opening trade on Wednesday as lingering strength in oil and mining stocks helped counter weakness in banking and pharmaceutical stocks.

Official: States take program too far (AP)

AP - States' efforts to expand a popular health insurance program triggered new federal policies that will limit the program's reach, Health and Human Services Secretary Mike Leavitt said Thursday.