EC to evaluate pharma ethics; Bayer gets FDA nod for new contraceptive;

 @FiercePharma: BMS joins new layoff parade with 800 cuts. Story | Follow @FiercePharma

> The European Commission plans to examine corporate responsibility in the pharmaceutical industry with the aim of developing a series of good practice recommendations. Story

> The FDA has approved Beyaz tablets, an estrogen/progestin combined oral contraceptive from Bayer that also contains a folate. FDA release

> Pfizer's consumer healthcare business is recalling a specific lot of its ThermaCare HeatWraps Menstrual product after discovering the potential for a leak that could irritate or burn the skin. Report

> Oracle has joined forces with Indian systems integration specialist HCL Technologies to help pharmaceutical and other life sciences companies improve supply chain integrity and security. News

> Store-brand products maker Perrigo asked the FDA for approval to market a generic, over-the-counter version of heartburn treatment Zegerid. Report

Biotech News

@FierceBiotech: Alnylam announces 25-30% reduction of workforce. Article | Follow @FierceBiotech

> WSJ: Sanofi may soon sweeten its bid for Genzyme. News

> Seattle Genetics' antibody-chemo cancer combo clears pivotal hurdle. Article

> AZ's zibotentan flunks late-stage prostate cancer trial. Report

> Actelion brain hemorrhage drug misses goal. Story

Biotech IT News

> IRB automates document processes for protocol review. News

> Merck earns 4th spot on InformationWeek 500. Report

> Cloud to separate biotech from big pharma. Story

> Medical center hires social media coach. Item

> Radiologist reviews iPad imaging apps. Article

> EU moves toward web portals for adverse events. Report

And Finally... A little aspirin might just go as far as a lot when it comes to preventing bowel cancer--with fewer side effects. Article