pharmaceutical company

Food and Drug Administration advisers will consider a request by a pharmaceutical company to lower how obese someone must be to qualify for surgery using its device.

Pharmaceutical company GlaxoSmithKline PLC said Wednesday it has received European approval for Duodart, a two-in-one drug for the treatment of the symptoms of an enlarged prostate.

Pharmaceutical company Eli Lilly and Co. says it turned a fourth-quarter profit after recording a loss in 2008 following the buyout of cancer drug maker ImClone Systems Inc.

Johnson & Johnson , the pharmaceutical company, said Tuesday it would trim layers of management, cut jobs and make other restructuring moves to save up to $900 million next year.

German chemical and pharmaceutical company Bayer AG announced Tuesday that it has tapped Marijn Dekkers to take over as its chief executive in October 2010.

Pharmaceutical company Mylan Inc. says it promoted chief operating officer Heather Bresch to the post of president.

The Supreme Court will decide whether shareholders can sue pharmaceutical company Merck & Co. because of the failure of its former blockbuster painkiller Vioxx.

Kona Grill Inc. (Nasdaq: KONA) 69.1% HIGHER; In an amended 13D filing on Kona, 9.8% holder Mill Road Capital disclosed a non-binding offer to acquire all of the Company’s shares for cash in a transaction valuing Kona's total enterprise value at $27.9 million or $4.60 per share.

IDM Pharma, Inc. (Nasdaq: IDMI) 53.5% HIGHER; Takeda Pharmaceutical Company Limited agreed to acquire IDM Pharma for US$2.64 per share in cash.

Shares of IDMI closed at $1.70 per share on Friday, representing a deal premium of 55%.