UPDATE 3-Alpharma launches generic of Pfizer&#39;s Neurontin
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Alpharma Inc. (ALO.N: Quote, Profile, Research) on Friday began selling a cheaper generic version of Pfizer Inc.&#39;s (PFE.N: Quote, Profile, Research) $3 billion a
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Swiss drug maker Novartis Pharma AG said Monday that the Food and Drug Administration approved another use for the company&#39;s Zelnorm irritable bowel drug, clearing Novartis to market the medicine as a treatment for chronic constipation in male and female
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BASEL, Switzerland  - Swiss drugmaker Novartis AG missed forecasts with a 42 percent drop in fourth-quarter net profit, hit by generic competition and a one-off restructuring charge, sending its shares lower.
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Preliminary OK of generic antidepressant perks up the stock's potential.
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Enablex, also known as darifenacin, was approved by the Food and Drug Administration. Novartis (nyse: NVS - news - people ) had purchased the drug from Pfizer (nyse: PFE - news - people ) for $225 million
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The Pittsburg-based generic drugmaker said the Food and Drug Administration has approved its metoprolol tartrate and hydrochlorothiazide tablets, which will compete with the Loppressor HCT tablets made by the Switzerland-based Novartis.
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Target Corp. said on Thursday it will match Wal-Mart Stores Inc.'s new, lower prices on generic drugs in all Florida Target pharmacies beginning on Friday, the second time in a month the discount chain has immediately matched the moves of its larger rival.
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Alpharma Inc. ALO.N on Friday began  selling a cheaper generic version of Pfizer Inc.'s PFE.N  epilepsy drug Neurontin without waiting for a court ruling on  Pfizer's request to block the copycat medicine.
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TAMPA, Fla. -- Wal-Mart announced today that it will start a test program in Florida, where it will sell generic prescription drugs for $4 for a 30-day supply. The test will start tomorrow in 65 Tampa Bay-area stores and is to expand to the whole state by January.
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The company is ready to handle competition from generics.
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A federal appeals court has cleared  the way for Alpharma Inc. ALO.N to launch a generic form of  Pfizer Inc's PFE.N Neurontin capsules to treat epilepsy,  sending Alpharma shares sharply higher.
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Pfizer Inc. has agreed to license a  set of potential drugs for the prevention of stroke and heart  attacks from Germany's Schering, the two companies said on  Wednesday.
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For those that missed it last night, Biogen Idec (BIIB:Nasdaq - news - research) and Elan Pharmaceuticals (ELN:NYSE ADR - news - research) received FDA approval for their new multiple sclerosis drug, now called Tysabri (formerly known as Antegren.
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Pfizer Inc., the world's largest drugmaker, said Wednesday it won a court ruling in the Netherlands preventing Indian rival Ranbaxy Laboratories Ltd. from releasing a generic version of the company's cholesterol-reducing drug Lipitor.
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KFAR SABA, Israel  - Teva Pharmaceutical  Industries Ltd., the world's largest generic drugmaker,  reported a 32 percent rise in fourth-quarter profit on Tuesday  and predicted sharply higher sales and profits in 2005.
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By Thomas Ginsberg, The Philadelphia Inquirer  Jan. 31--Here is something you may not hear every day: The drug giant Wyeth said yesterday that it was "surprised" to hear that it is about to face generic competition on its $216 million heart drug Inderal LA.
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Credit Suisse First Boston lowered 2005 earnings estimates for Pfizer (nyse: PFE - news - people ) after the generic version of Neurontin was launched earlier than expected.