Abbott Cuts 700 Jobs; Amgen Pays $1.16B for Micromet - Jan. 26, 2012

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Thursday, January 26, 2012  |   |   |   |  Major 2 - Part Lab Equipment Auction: February 7 - 9 The Branford Group will auction surplus assets to the continuing operations of Stryker Corp., a major orthobiologic R & D laboratory located in Hopkinton, Mass. The first auction will take place on February 7, with bidding available online and in person. The facility's primary capital assets will be auctioned including a 2010 Thermo Fisher LTQ Orbitrap Velos ET9 Mass Spec and a 2010 Waters nanoAcquity UPLC, both brand New and still in their boxes. The second auction will take place electronically with bidding opening on February 8 and closing on February 9. Included in this sale are lab instruments and support equipment. Visit The Branford Group's website for more info. Register to Bid!   •  Abbott Laboratories (ABT) Cuts 700 Jobs More... •  Amgen (AMGN) Pays $1.16 Billion for Micromet More... •  Celgene (CELG) to Acquire Avila Therapeutics for Up to $925 Million More... •  Novartis AG (NVS) to Pay $99 Million to Settle Federal Lawsuit over Sales Representatives' Overtime Pay More... •  Roche (RHHBY)'s Avastin Fights Early Breast Cancer in 2 Studies: Will it be Re-approved? More... •  Merck & Co., Inc. (MRK) Gets Positive CHMP Opinion for Remicade in New Indication More... •  Ranbaxy Laboratories (RANBAXY.BO) May Face Permanent Injunction in U.S More... •  Illumina, Inc. (ILMN) Plans Poison Pill to Thwart Roche (RHHBY) Bid More... More Top News CARBOGEN AMCIS Seamless Drug Development from Bench to Market CARBOGEN AMCIS is a leading provider of drug development and commercialization services to the pharmaceutical and biopharmaceutical industries, at all stages of drug development. 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For more information, please visit: http://www.carbogen-amcis.com/. •  Mayo Clinic Study: Men at Higher Risk for Mild Memory Loss Than Women More... •  Protein in Brain Could Be a Key Target in Controlling Alzheimer's, Temple University Study More... •  Prenatal Testosterone Linked to Increased Risk of Language Delay for Male Infants, University of Western Australia Study More... •  High Animal Fat Diet Increases Gestational Diabetes Risk, National Institutes of Health (NIH) Study More... •  Working Too Much is Correlated With Two-Fold Increase in Likelihood of Depression, University College London Study More... •  Chemists Synthesize Artificial Cell Membrane, University of California, San Diego (UCSD) Study More... •  Drinking Black Tea May Cut Blood Pressure, Archives of Internal Medicine Reveals More... •  Longer Bones Give Sprinters Speed, Pennsylvania State University Study More...   More Featured News Come to San Diego March 12-16, 2012 for UCSD Extension's Medicinal Chemistry Intensive Program. 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