Glaxo's $25 bln buyback softens Avandia blow

(Reuters) - By Ben Hirschler, European Pharmaceuticals Correspondent



LONDON, July 25 - GlaxoSmithKline more than doubled its share buyback programme to 12 billion pounds


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PreMD shares soar on AstraZeneca deal

(Reuters) - TORONTO, July 16 - Shares of PreMD jumped more than 50 percent on Monday after the small Canadian biotechnology company signed a U.S. marketing deal with AstraZeneca Pharmaceuticals LP for its skin cholesterol test.



PreMD shares were up 60 Canadian cents, or 52.2 percent, at C$1.75 at midmorning on the Toronto Stock Exchange.


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Barr withdraws patent suit related to generic Zyprexa

(Reuters) - This follows the decision of a U.S appeals court to uphold
a trial court's verdict in favor of Eli Lilly in a patent suit
related to Zyprexa against Zenith Goldline Pharmaceuticals
Inc., Teva Pharmaceuticals USA Inc.




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GeoEye, Limelight, Quiksilver, Sirva, U.S. Steel: U.S. Equity Movers Final

(Bloomberg) -- The following is a list of companies
whose shares had unusual price changes in U.S. exchanges today.
Stock symbols are in parentheses after company names. Share
prices are as of 4 p.m. New York time.

Auxilium Pharmaceuticals Inc. (AUXL US) rose $1.08, or 7.4
percent, to $15.59. The drugmaker said it would raise $49.9
million by selling about 3.7 million shares for $14.50 a share.


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McDonald's, National Semi, Nike, Qualcomm, Sempra: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Share prices are as of 10:10 a.m. New York times.

Avanir Pharmaceuticals (AVNR US) rose 9 cents, or 2.6
percent, to $3.57. The drugmaker said a study of its experimental
diabetes drug Zenvia showed ``significantly superior reduction of
pain compared with a placebo.''


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Avanir, Herley, National Semiconductor, Qualcomm: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Share prices are as of 9:30 a.m. New York times.

Avanir Pharmaceuticals (AVNR US) rose 14 cents, or 4
percent, to $3.62. The drugmaker said a study of its experimental
diabetes drug Zenvia showed ``significantly superior reduction of
pain compared with a placebo.''


Read more at Bloomberg Stocks News

Borders, Panera Bread, Starent Networks, Whole Foods: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Shares prices are as of 11:40 a.m. New York time.

Acadia Pharmaceuticals Inc. (ACAD US) rose $1.52, or 12
percent, to $13.95 and traded as high as $14.40. The developer of
drugs to treat central nervous system disorders was recommended
by CNBC host Jim Cramer, who said the company will benefit from
three promising drugs in U.S. Food and Drug Administration
clinical trials.


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