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Wednesday, February 16, 2011

Reuters Health Report

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02/16/2011
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LATEST NEWS
Obama budget targets brand name medicines
WASHINGTON (Reuters) - Big pharmaceutical companies could face increased competition from generic drugmakers under two proposals put forth by the Obama administration on Monday despite earlier savings extracted from drugmakers as part of last year's healthcare law. | Full Article
J&J recalls 70,000 Invega syringes
February 16, 2011 09:20 AM ET
CHICAGO (Reuters) - Johnson & Johnson said it has recalled 70,000 syringes filled with the antipsychotic drug Invega because of cracks in the syringes. | Full Article
Early balding linked to risk of prostate cancer
February 16, 2011 09:18 AM ET
LONDON (Reuters) - A study showing that men who start to go bald at 20 may be more likely to develop prostate cancer in later life suggests they might benefit from early screening or preventative therapy, scientists said on Tuesday. | Full Article
Civilian death study rates "dirty war" in Iraq
February 16, 2011 09:17 AM ET
LONDON (Reuters) - More than 92,600 civilians were killed in armed violence in Iraq from 2003 to 2008, and U.S.-led coalition forces showed higher rates of indiscriminate killing of women and children than insurgents, a study has found. | Full Article
China aims to bring AIDS spread under control by 2020
February 16, 2011 07:59 AM ET
BEIJING (Reuters) - China hopes to more or less bring the spread of AIDS under control by 2020, but faces an uphill task do to so due in part to ignorance and poor policy coordination, the government said on Wednesday. | Full Article
US TOP NEWS
Producer prices hint at inflation pressures
February 16, 2011 09:42 AM ET
WASHINGTON (Reuters) - U.S. core producer prices in January rose to their highest rate in more than two years, hinting at a build-up in inflation pressures as the recovery gathers pace, a potentially troubling development for the Federal Reserve. | Full Article
Sanofi to buy Genzyme for over $20 billion
February 16, 2011 08:52 AM ET
PARIS (Reuters) - French drugmaker Sanofi-Aventis SA agreed to buy Genzyme Corp with a sweetened $20.1 billion cash offer, plus payments tied to the success of the U.S. biotech group's drugs, the companies said on Wednesday. | Full Article
Labor unrest as Egypt moves towards democracy
February 16, 2011 09:32 AM ET
CAIRO (Reuters) - Some workers ignored a call by military rulers to return to work on Wednesday, and a committee hammered out changes in Egypt's constitution to pave the way for a democracy to replace 30 years of Hosni Mubarak's iron rule. | Full Article
Obama warns spending cuts could hurt U.S. recovery
February 16, 2011 06:46 AM ET
WASHINGTON (Reuters) - President Barack Obama warned on Tuesday that immediate, deep budget cuts could hurt the fragile economic recovery, but Republicans pressed to slash spending and brushed off concerns about potential job losses. | Full Article
BHP in $80 billion expansion spree, puts off big takeovers
February 16, 2011 07:49 AM ET
MELBOURNE (Reuters) - BHP Billiton plans to pour $80 billion into expansion over the next five years rather than chase ambitious takeovers, the world's biggest miner said after booming demand for iron ore and copper helped nearly double its first-half profits. | Full Article
BUSINESS NEWS
Wall St rises on M&A, Dell earnings
Borders files for bankruptcy, to close stores
Comcast results trump expectations
Corrected: Deere profit doubles on U.S., Canada sales
GM recalls Cadillac CTS sedans for wheel problem
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