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MED BRIEFS.(HEALTH & MEDICINE)

Investor's Business Daily

| November 03, 2003 | COPYRIGHT 2003 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

Cardinal Health Buys U.K. Firm

The Dublin, Ohio, distributor of drugs and medical products said it will buy U.K.-based Intercare Group PLC for $530 million to expand its global reach. Intercare makes prefilled syringes. The deal awaits regulatory approval and is expected to close by year-end.

Eli Lilly Fixes Manufacturing Snags

The FDA had delayed Lilly's launch of depression drug Cymbalta and its approval of anti-psychotic Zyprexa IntraMuscular, pending the mends. The FDA site review will occur by year-end. Lilly had hoped to launch Cymbalta this year. Now, its delayed until mid-'04, cutting into earnings.

Drug-Coated Stent Has Risks

The FDA got 290 reports of clotting within 30 days after doctors implanted Johnson & Johnson's Cypher, the first drug-coated mesh cylinder that ...

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