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Last updated: 06:10:18 Monday Oct 6, 2008


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  • Eli Lilly agrees to buy ImClone for over $6B
    NEW YORK - The drugmaker Eli Lilly & Co. said Monday it has agreed to buy biotechnology company ImClone Systems Inc. for more than $6 billion in a deal that would expand its pipeline of cancer treatments.   Nations:U.S.   People:Carl Icahn   Source:(AP)   2008-10-06

    Stocks tumble after sales of existing homes fall
    NEW YORK - Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell about 2 percent, including the Dow Jones industrial average, which lost more than 280 points.   Nations:Germany Japan France   Activities:U.S. Markets   Source:(AP)   2008-07-24

    Raloxifene Cuts Risk of Certain Type of Breast Cancer
    WEDNESDAY, June 11 -- A drug already approved to reduce the risk of breast cancer in high-risk women also seems to cut the risk for other women.   Nations:U.S.   Source:(HealthDay News)   2008-06-11

    Don't Tell Obama, McCain: Conventions Taking in Corporate Cash
    John McCain, who wrote the law banning corporate donations to the political parties, and Barack Obama, who refuses lobbyist money, will be nominated for president at conventions largely funded by industries whose Washington clout they've railed against on the campaign trail.   Nations:U.S.   People:Barack Obama John McCain   Activities:US Election 2008   Source:(Bloomberg)   2008-06-11

    Eli Lilly to help train doctors on drug-resistant TB
    U.S. pharmaceutical company Eli Lilly will donate $1 million to train doctors treating tuberculosis (TB), a disease that infects 9 million people every year and kills nearly 2 million.   2008-05-13

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