Bayer forms alliance with Schering-Plough.

Article Abstract:

Schering-Plough Corp. acquired the exclusive rights to market Bayer AG's products in the U.S. The move is seen as an attempt, by Schering-Plough, to increase revenue, in the wake of its loss of patent protection on Claritin, in 2002. The company insists that the partnership is not the first step toward a merger.

Germany, Alliances, partnerships, Holding companies, Bayer AG, Schering-Plough Corp., Alliances and partnerships, BAYZY

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Watson Pharmaceuticals to buy rival generic-drug firm Andrx

Article Abstract:

Watson Pharmaceuticals Inc. of the United States is to purchase Andrx Corp. also of the United States for $1.7 billion. Share price for purchase is $25. The combined company would be valued at $2.8 billion.

Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Watson Pharmaceuticals Inc., WPI, Andrx Corp., ADRX

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Vioxx lawsuits may focus on FDA warning in 2001

Article Abstract:

The recall of Vioxx opens the door to numerous lawsuits. Proving in court that the drug caused a particular stroke or heart attack will be far from a certainty.

Legal issues & crime, Product standards, safety, & recalls, Legal/Government Regulation, Company legal issue, Cases, Product defects and recalls, Vioxx (Medication), Merck & Company Inc.

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