G.E. and Abbott Call Off Deal for Diagnostics Units
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General Electric will not go through with a deal to buy two Abbott Laboratories diagnostic units for $8.1 billion in cash, the two companies said.
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LOS ANGELES  - "Grey's Anatomy" star Ellen Pompeo has closed a new deal for her services on the hit ABC medical drama.
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Home Health United has canceled the flu shot clinics scheduled for this week in the Madison area in the wake of a decision by British health officials to halt shipments of vaccine from a company
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Thousands of low-income adults won&#39;t be getting their annual flu shot from county health centers or hospitals this year because the Harris County Hospital District&#39;s entire 60,000-dose order has been canceled.
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By Stephen Foley in London and Katherine Griffiths in New York. More than Â£6bn was wiped off the value of the UK&#39;s two giant pharmaceuticals companies yesterday as they and the US regulator attempted to quell a furore over drug safety.
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By Sabine Vollmer, The News & Observer, Raleigh, N.C.  Feb. 13--Cornerstone BioPharma is trying to bounce back after layoffs cut the Cary company's work force in half.
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Specialist hospital units will have to close and moved to super regional hospitals, leading doctors say.
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The U.K. National Health Service and Electronic Data Systems reached a settlement after the NHS terminated a contract for the company to supply a secure e-mail and directory system.
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Cross-party group wants to remove delays and need for two doctors to approve terminations.
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Sanofi-Aventis has withdrawn its   marketing application for its Multaq heart arrhythmia treatment   in the European Union, the world's third-largest drugmaker said   on Thursday.
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Attorney general withdrew name for corporate monitor contract after DOJ offer, lawyers say.
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Merck Labs has pulled Vioxx, their arthritis drug, off the market after discovering during trials the possibility of a link to stroke or heart attack.
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Capital Medical Center will close its Lilly Road radiation oncology service Nov. 16, a hospital spokeswoman said Monday. Spokeswoman Susan Kent cited a drop in the number of patients since the Western Washington
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Lab testing company Quest Diagnostics Inc.  on Tuesday said it will no longer be a contracted provider for insurer UnitedHealth Group Inc. , an agreement that had accounted for 7 percent of Quest's annual revenue.
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GlaxoSmithKline said it would cut jobs as part of a cost-savings plan after a sharp drop in sales of its diabetes drug and generic competition led to a 5.8 percent drop in profits.
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Boston Scientific Corp. , the medical device maker, eliminated 55 jobs in Marlborough last month, according to the state Executive Office of Labor and Workforce Development. Company spokesman Paul Donovan said the Natick firm made the cuts after deciding to pull the plug on its Endovations program, an effort to develop a new single-use endoscope with an integrated ...
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Indianapolis-based pharmaceutical firm says it will also close a research facility in North Carolina in effort to reduce drug prices.