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Biotech / Medical : Biotech News

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From: Doc Bones	1/20/2005 3:50:16 AM
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WSJ Bio Leads: --- Lipitor Sales Boost Pfizer's Profit Pfizer's net quadrupled, lifted by strong sales of Lipitor and arthritis drugs and fewer charges. --- Novartis Net Edges Up 1.3% Novartis reported a 1.3% increase in fourth-quarter net profit, pressured by a $120 million charge at its consumer health division. --- Waksal to Pay More ImClone Fines Former ImClone CEO Waksal and his father will pay more than $5 million in additional fines to settle charges they moved to sell shares on advance knowledge that its cancer drug would be rejected by federal regulators. (SEC statement) --- Minnesota Issues Hospitals Report Card Minnesota issued a report card intended to give patients information about medical errors at individual hospitals in the state. --- Governors Urge Bush Not to Cut Medicaid Governors met on the inauguration sidelines and members of both parties agreed to press Bush not to cut Medicaid funds or shift costs to states.

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