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Gains By Democrats Put Pharma On Edge (Investor's Business Daily via Yahoo! News)
One of the clouds on Big Pharma's horizon is the prospect that the new Democratic regime will act to restrain drug prices.

November 20, 2008 | 16:30 IST (India Infoline)
Indian shares ended lower for the seventh consecutive day, as investors ignored better than expected inflation data and focused on the global factors, where equity markets in Asia and Europe slid anew on mounting worries over the state of the global economy.

FDA Involvement in Biotechnology Sector Discussed in Wall Street Transcript Report (Wall Street Transcript via Yahoo! Finance)
67 WALL STREET, New York - November 19, 2008- The Wall Street Transcript has just published its Biotechnology issue, a report offering a timely review of the sector to serious investors and industry executives. This 75-page feature contains a roundtable forum and industry commentary through in depth interviews with CEOs from 17 firms and 1 analyst. The full issue is available by calling (212) ...

Christie, U.S. Prosecutor, May Run Against New Jersey Governor (Bloomberg)
Christie, 46, announced Nov. 17 that he is stepping down after seven years as the state's top federal prosecutor. Republicans view Christie as the leading candidate to challenge Democratic Governor Jon Corzine next year.

The BSE Sensex closes at 8,937.20, down 353 points or 3.8% over the previous close. It had earlier hit a low of 8,871 ... (India Infoline)
Indian stocks continued their downward journey on Tuesday, tracking a relentless rout in world equities, as Citigroup's announcement of massive job cuts and grim economic data heightened concerns over the health of the global economy.

Wyeth to cut 118 jobs in Rouses Point (Plattsburgh Press Republican)
ROUSES POINT -- Wyeth will lay off 118 employees in Rouses Point during the second half of January. Dave Champagne, managing director at the Rouses Point facility, said workers on all three shifts were to be told of the layoffs Tuesday.

Asian markets close lower as economic worries persist (INO News)
(RTTNews) - The stocks markets across the Asia-Pacific region closed lower on Wednesday as weak earnings from financial firms, lower commodity prices and concerns about ailing U.S. automakers raised worries about a global economic slowdown.

The market continues to be highly volatile, as the key stock indices turned weaker again after another failed attempt ... (India Infoline)
Earlier, the BSE Sensex had fallen below 9,000 and the NSE Nifty slipped under 2,700, as global investors continued to shun risky assets like equity in favour of safe havens like bonds amid growing concerns over corporate profits in a worsening global economic climate.

Local lab claims success in diabetes treatment, aims to make next blockbuster drug (The Grand Rapids Press)
Two refugees from pharmaceutical giant Pfizer believe they have found a better treatment for type 2 diabetes without the side effects of current drugs, and they have created a small West Michigan company to produce it. (Press Photo/Rex Larsen) • Read the story

Hillary Clinton could be next Secretary of State (The Times of India)
Barack Obama’s one-time rival for the White House, Hillary Clinton, has emerged a frontrunner for the post of secretary of state after days of speculation about other candidates.

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