Local News

• Monsanto Company completes acquisitions of CanaVialis and Alellyx  Monsanto announced that it has completed its proposed acquisition of Aly Participacoes, which operates the sugarcane breeding and technology companies, CanaVialis and Alellyx, both of which are based in Brazil.
  Monsanto Company December 02, 2008  
• Monsanto to leverage its technology to enhance yield and economic value for farmers  As farmers in the U.S. are making their initial seed purchase decisions for the 2009 growing season, Monsanto Company plans to discuss the reasons behind its confidence that it can make good on its commitment to more than double its fiscal 2007 gross profit by 2012.
  Monsanto Company December 02, 2008  
• GSK and Theravance announce positive phase 2b results for LABA, `444  GlaxoSmithKline and Theravance announced positive results from the phase 2b study of the novel, long-acting beta agonist (LABA) GW642444 (‘444) in patients with moderate to severe asthma.
  GlaxoSmithKline December 02, 2008  
• ETHICON completes divestiture of Professional Wound Care Business to One Equity Partners  ETHICON, a Johnson & Johnson company, announced that it has completed the divestiture of its Professional Wound Care business to One Equity Partners. Financial terms of the transaction are not being disclosed.
  Johnson & Johnson December 01, 2008  
• Endo announces resignation of Board Member  Endo Pharmaceuticals announced the resignation of George F. Horner, III as a member of the company's board of directors. Mr. Horner has been a director of Endo since August 2006 and has resigned to pursue other business opportunities.
  Endo Pharmaceuticals December 01, 2008  
• Cardinal Health, SRI Surgical sign five-year agreement for surgical kits  Cardinal Health and SRI/Surgical Express announced a five-year supply and co-marketing agreement to offer surgical kits that include disposable health care products from Cardinal Health and reusable health care products from SRI Surgical.
  Cardinal Health December 01, 2008  
• Johnson & Johnson announces definitive agreement to acquire Mentor  Johnson & Johnson and Mentor Corporation, a leading supplier of medical products for the global aesthetic market, announced a definitive agreement whereby Mentor will be acquired for approximately $1.07 billion in a cash tender offer.
  Johnson & Johnson December 01, 2008  
• Lilly withdraws application for additional U.S. indication for Cymbalta for chronic pain  Eli Lilly and Company has withdrawn its supplemental New Drug Application (sNDA) from the U.S. Food and Drug Administration (FDA) for Cymbalta(R) (duloxetine HCl) for the management of chronic pain.
  Eli Lilly and Company November 28, 2008  
• MedImmune receives FDA Complete Response letter on motavizumab  AstraZeneca announced that MedImmune, its wholly owned biologics business, has received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) asking for additional information on motavizumab.
  AstraZeneca November 28, 2008  
• Stem cell research excites colleges  Scientists at two of the state's three big research universities, the University of Michigan and Wayne State University, say that, with the passage of Proposal 2, they expect to expand their work on human embryonic stem cells in coming months.
  The Lansing State Journal (Mich.) November 26, 2008  

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