Lundbeck earnings plummet 28% on generics; Richter eyes 3% growth for 2013;

@FiercePharma: Here's one way for pharma to boost earnings: Cut tax rates. Story | Follow @FiercePharma

@EricPFierce: Would your plant receive an A or an F under FDA Woodcock's suggestion of letter grades for quality? More from FiercePharmaManufacturing | Follow @EricPFierce

@AlisonBFierce: GBI Research forecasts that the global pediatric vaccines market will hit $24.3 billion by 2017. More | Follow @AlisonBFierce

> Denmark's Lundbeck continued the pharma trend of flat revenues and double-digit declines in profits, with a 28% earnings drop for the fourth quarter. Report

> Hungarian drugmaker Richter sees sales rising 3% this year, on top of 2.8% growth in 2012, to €1.13 billion ($1.53 billion). Report

> Over-the-counter drugmaker Perrigo snapped up the pet-care company Velcera for $160 million to expand its presence in animal health. Report

> GlaxoSmithKline ($GSK) CEO Andrew Witty said he was thrilled with employees' reaction to the company's new Philadelphia offices, which use a radically different, open design. Report

> U.S. pharmacy chains are reaping higher sales from the fast-breaking flu season. Report

Biotech News

 @FierceBiotech: From FierceBiotechIT.com: Biotech, pharma warming up to Facebook. Article | Follow @FierceBiotech

@JohnCFierce: 7 pharmas join hands to create a new discovery platform--€196M: Report | Follow @JohnCFierce

@RyanMFierce: The Swiss biotech Addex is downsizing its Geneva operation after cuts last year. No details on jobs. Release | Follow @RyanMFierce

> Elan fails to inspire analysts with deal-making plans for $3.25B. Report

> Ticktock: Lilly scraps RA program as another PhIII drug disappoints. News

Medical Device News

 @FierceMedDev: True Diagnostics revs up EU prostate cancer Dx launch. Story | Follow @FierceMedDev

 @MarkHFierce: Minnesota's legislative delegation is pursuing a new repeal effort for the 2.3% medical device tax. News | Follow @MarkHFierce

 @DamianFierce: A new brain-stimulation method could make a major difference for depression sufferers, according to a study. More | Follow @DamianFierce

> Smith & Nephew watches profits slip as it reorganizes. Report

> Stryker crushes Zimmer with $70M patent violation verdict. Story

Pharma Manufacturing News

> Specialized manufacturing technology punches ticket to Protalix's value. Report

> China sends 7 to prison for producing toxic capsules. Story

> Meds from foreign plants complicate counterfeit search. More

> GSK to squeeze manufacturing in Europe but U.K. spared. Article

Vaccines News

> Global health funding slows amid financial concerns. Report

> Parents supportive of vaccinating boys for HPV. Item

> Gates-backed researchers explore pain-free vaccine technology. Article

> Merck, GSK partner with GAVI to provide low-cost HPV vaccine. News

> Despite setback, TB vaccine study is a step in the right direction. More

And Finally... Men earning less than their wives use erectile dysfunction drugs more often, a study found. Report

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