Franklin Lakes News
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Google Inc.’s requirement to make new patent-licensing offers to Apple Inc. and Microsoft Corp. under its settlement with the U.S. Federal Trade Commission probably won’t resolve lawsuits among the technology giants, according to patent lawyers.
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The U.S. Supreme Court rejected an appeal by Retractable Technologies Inc. in its patent suit against Becton, Dickinson & Co. over technology used to protect health-care workers from accidental needle sticks.
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Five states are considering whether they will sue to challenge Express Scripts Inc.’s bid for Medco Health Solutions Inc. if federal antitrust regulators approve the deal, two people familiar with the matter said.
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New Jersey Governor Chris Christie ’s proposal to cap school-superintendent salaries will affect many of the affluent suburban communities that helped the first-term Republican oust Democrat Jon Corzine last year.
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Medco Health Solutions Inc., the drug-benefits manager seeking to merge with rival Express Scripts Inc., said third-quarter profit beat analysts’ estimates on greater use of generic drugs. The shares rose 11 percent.
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The U.S. health-care law and budget cuts will drive consolidation in the industry as companies compete for fewer dollars and to protect profits, said JPMorgan Chase & Co.’s Jim Woolery.
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Express Scripts Inc.’s takeover of Medco Health Solutions Inc. is offering the biggest potential windfall in North America even as traders are more confident than ever the acquisition will clear U.S. regulatory hurdles.
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Medco Health Solutions Inc. and Celesio AG agreed to combine operations in Europe to expand into new markets and cut health-care costs.
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In the busiest year for medical products takeovers, potential acquirers can now scoop up Becton, Dickinson & Co. at the cheapest valuation since 1993.
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Medco Health Solutions Inc. fell the most in almost six months after Reuters reported that “key people” at the U.S. Federal Trade Commission are seeking to stop the company’s proposed $29.1 billion acquisition by rival pharmacy benefits company Express Scripts Inc.
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