Veloxis Pharmaceuticals A/S fell the most in 11 days in Copenhagen trading after Danske Markets said the Danish maker of treatments for organ transplant patents faces pressure from a rival product by Astellas Pharma Inc.
Novartis AG was sued by the U.S. for allegedly making illegal payments to pharmacies for switching transplant patients to its drug Myfortic, the second time in less than three years the company has faced federal claims it used illegal kickbacks to increase sales.
Steve Jobs’s exit from the top post at Apple Inc., the technology company he co-founded in 1976, follows years of health struggles that began in 2003, when he was diagnosed with a rare form of pancreatic cancer.
Rajat Gupta, while on the Goldman Sachs Group Inc. board in 2008, told Galleon Group LLC co- founder Raj Rajaratnam of the board’s talks on whether to buy American International Group Inc. or Wachovia Corp., according to a wiretapped recording.
The form of cancer that Apple Inc . Chief Executive Officer Steve Jobs announced he had more than six years ago grows and spreads slowly and, in some patients, the migrating cells aren’t detected for years, doctors said.