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BUSINESS BRIEFS.(A)

Investor's Business Daily

| December 03, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MEDICAL

EU may limit sales of J&J's Eprex

The health care products giant fell 2% amid concerns French regulators won't let patients with chronic kidney failure keep using Johnson & Johnson's anemia drug, since Eprex has made anemia worse for some of the patients. J&J said it'll ask European regulators to change Eprex's label to address this issue. Amgen, which sells two rival anemia drugs, rose 3%.

Tenet revamps prices amid probe

The hospital chain scrapped a plan with Health Net that made the insurer pay more for patients with unusually high costs. The HMO will now pay a patient "per diem." That could portend a new pricing strategy -- which Tenet unveils Tuesday -- and maybe slower growth. Medicare is probing whether Tenet overbilled. Now HMOs are raising questions. Tenet fell 4%.

Quest to pay less for rival Unilab

The lab testing service firms will cut $60 mil from the price of Quest Diagnostics' buy of Unilab. The deal was worth some ...

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