> Bayer's Medrad unit has agreed to pay about $344 million for Possis Medical, a 36 percent premium over the company's closing stock price on Friday. Report
> Indian pharma companies are shy of making any overseas acquisitions in 2008 as they continue to work through big-ticket takeovers made in 2006, market observers say. Report
> Hospital meds company Maelor is launching Aloxi, a new generation anti-emetic for use in chemo patients, in the U.K. Report
> India's Biocon is buying a 70 percent stake in the German pharma AxiCorp. Report
> In another display of monoclonal antibodies' appeal to drug developers, Maryland-based Humab Genome Sciences announced that it will team up with Xencor on drug development. Report
> According to public records, Millennium Pharmaceuticals spent $1.3 million in 2007 lobbying the federal government on patent reform and biotech drug regulation. Report
> Memory Pharmaceuticals' CEO Jim Sulat has announced plans to step down from the position for personal reasons. Report
> RNAi trailblazer Alnylam has published a paper in the journal Human Molecular Genetics that details RNAi's ability to silence a gene implicated in early onset torsion dystonia. Report
And Finally... We'd be healthier if we all got a little medieval on our diets. Report