Pfizer buys 5 percent stake in Medarex
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BOSTON (CBS.MW) - Pharmaceutical powerhouse Pfizer is buying a 5 percent stake in biotechnology researcher Medarex under their newly signed collaboration deal, according to Medarex Chief Executive Donald Drakeman.
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Nestle SA completed its $2.5 billion takeover of Novartis Medical Nutrition, the food and drinks giant said Monday.
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Belgian drugmaker UCB UCBBt.BR has   agreed to buy Germany's Schwarz Pharma SRZG.DE for around 4.4   billion euros ($5.6 billion) in stock and cash, in the third   major drug sector transaction in Germany in five days.
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NYSE Euronext, the world's largest financial market group, said Friday it will pick up a five percent stake in Mumbai's multi-commodity exchange MCX for 55 million dollars.
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A private equity firm buys its medical-imaging division.
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Schering-Plough Corp. said Monday it will buy the pharmaceuticals division of Akzo Nobel NV for 11 billion euros ($14.5 billion) in cash, acquiring the Organon brand of birth control and strengthening its drug pipeline with an anti-schizophrenia medication.
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CVS Corp. boosted its bid yesterday for Caremark Rx Inc. by tripling to $6 per share the special cash dividend it plans to pay shareholders of the prescription drug benefits manager.
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The company, battered by the subprime crisis, said it would sell a $5 billion stake to a Chinese investment.
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Germany's Schwarz Pharma SRZG.DE   said on Monday it had agreed to be bought by Belgium's UCB   UCBBt.BR for around $5.6 billion in shares and cash in the   third major drug sector transaction in Germany in five days.
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Johnson &amp; Johnson  said  on Monday it would buy Pfizer Inc.&#039;s  consumer  health-care business for &#36;16.6 billion in cash to increase its  lead in the market for non-prescription health products.
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ZURICH/FRANKFURT  - German drugmaker Merck KGaA   MRCG.DE on Thursday unveiled a surprise 16.6-billion-Swiss   franc ($13.26-billion) deal to buy Swiss biotech firm Serono,   creating a new force in European pharmaceuticals.
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Has Medarex hit the jackpot with MDX-010?
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FRANKFURT/ZURICH  - German drugmaker Merck KGaA   MRCG.DE unveiled a surprise 16.6-billion-Swiss franc ($13.3   billion) deal to buy Swiss biotech firm Serono on Thursday,   creating a new force in European pharmaceuticals.
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US consumer healthcare company Perrigo is to buy Israeli drug-maker Agis for $818m (Â£441.5m) in cash and stock. The deal will create a firm with annual sales of $1.
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PacifiCare Health Systems Inc. (PHS.N: Quote, Profile, Research) said on Wednesday it agreed to buy American Medical Security Group Inc.
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Philips Electronics  said on Friday it is to buy U.S. medical products company Respironics  for $5.17 billion to strengthen its healthcare business.
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Pharmaceutical giant AstraZeneca PLC said Monday it bought a 20 percent stake in biology company Cambridge Antibody Technology as the two companies announced a US$175 million five-year research and development alliance on inflammatory disorders, including