Pfizer sells, but keeps Sweden HQ; 6 hospitalized after leak at Novartis plant

@FiercePharma: Sanofi, Merck, others said to be eyeing Bausch buyout. Story | Follow @FiercePharma

> Six people were hospitalized Tuesday after a leak at a Novartis ($NVS) drug plant near Basel. Story 

> Pfizer ($PFE) is raising about $27.7 million in a deal to sell and lease back its Swedish headquarters in Stockholm. Item 

> Pfizer has agreed to pay $55 million to resolve charges of marketing violations against Wyeth for the acid reflux drug Protonix. Story

> India drug exports grew by more than 23% in the last fiscal year. Item

> The EU has voted to put patents on sale, cutting costs by about 80%. Story 

Medical Device News

 @FierceMedDev: Medtronic facing federal suit from 'exploited' patients. Story | Follow @FierceMedDev

@MarkHFierce: Cerapedics pulled in a $19M Series C for its bone graft development work. New investors include MedImmune. More | Follow @MarkHFierce

 @DamianFierce: Welch Allyn isn't done reorganizing. After announcing plans to cut 275 jobs, it's moving its Euro HQ. Article | Follow @DamianFierce

> Myriad, Sanofi to team on diabetes biomarker Dx discovery work. Item

> BG Medicine gains CE mark for cardiovascular Dx. News

Biotech News

 @FierceBiotech: Nuron acquires Pfizer's meningitis vaccine. Story | Follow @FierceBiotech

@JohnCFierce: What does Lilly have? A signal, unconfirmed, that solanezumab works in mild Alzheimer's. See you in 3-4 years, alongside much competition. | Follow @JohnCFierce

@RyanFierce: $GILD wants a piece of the big oncology pie, as it showed with the Yale deal last year. YM could get it there sooner. Report | Follow @RyanMFierce

> GlaxoSmithKline backs upstart's $17M A round for therapy against bulging-eye ailment. Article

> Eli Lilly ditches FDA filing for Alzheimer's hope solanezumab. News

Drug Delivery News

> Eleven's lead topical eye drug completes PhIa, enters PhIb trials. Report

> Silver bullet targets antibiotics to deep infections. News

> Porcupine quills point to less painful shots. Story

> Sirtex, SingHealth develop stealth cancer treatments. Article

> Alnylam plans clinical trials for RNAi therapeutic. More

And Finally... Records from the U.S. House show that Ranbaxy Laboratories, the Indian generics maker that last year signed a 5-year consent decree with U.S. authorities, paid $90,000 to a lobbying firm. Ranbaxy has paid $90,000 to lobbyists Patton Boggs to work such angles as preserving "Access to Affordable Generics," according to a document registered in 2010. Story


 

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