| Wyeth Will Pursue Claim for Damages Resulting From Teva ...
COLLEGEVILLE, Pa., Dec. 24 /PRNewswire-FirstCall/ -- Wyeth Pharmaceuticals, a division of Wyeth (NYSE: WYE) , today announced it will pursue a patent infringement claim for lost profits and other damages against Teva Pharmaceuticals USA, Inc. resulting from Teva's launch of a pantoprazole tablet -- a generic version of Wyeth's PROTONIX(R). "Teva has not disputed that its product infringes the United States PROTONIX compound patent exclusively licensed to Wyeth by Altana, recently acquired by Nycomed," says Lawrence V. Stein, Senior Vice President and General Counsel, Wyeth. "We believe our patent is valid and enforceable and that Teva will be required to compensate Wyeth for the substantial damages caused by Teva's violation of our patent rights." On September 6, 2007 the United States District Court for the District of New Jersey denied Wyeth and Altana's motion for a preliminary injunction against the launch of a generic pantoprazole tablet by Teva and Sun Pharmaceuticals prior to resolution of a pending patent infringement proceeding.
Valley schools turning out more medical professionals
A medical school at UC Merced will help address these critical problems. Evidence shows that when medical professionals train in an area, they are more likely to stay in that area. About 88 percent of our nursing graduates at California State University, Stanislaus, remain in the region to practice nursing. The same is likely to be true for physicians and other medical professionals. Therefore, it is crucial that the valley has its own state-of-the-art training facilities and education programs for medicine. As dean of the college of human and health sciences at CSU Stanislaus, one of my most urgent tasks is working with our faculty, health providers and other educational institutions to increase the number of nurses in the region. As with physicians, there is an extreme nursing shortage in the valley.
Merger talk lifts shares of Delta
Delta Air Lines Inc. shares soared more than 18 percent Thursday following renewed speculation that the nation's No. 3 carrier may be close to inking a deal to combine with another airline. Delta rose $2.46 to close at $15.98 on the New York Stock Exchange. The surge followed a nearly 15 percent rise in Delta's stock on Wednesday. On Wednesday, the head of the Atlanta-based company's pilots union said in a letter to rank-and-file members that a combination involving Delta may be close. Lee Moak, chairman of the union's executive committee, said in the letter that "consolidation may indeed be at our door."
JetBlue seeks Orlando-Cancun route
JetBlue Airways said Thursday that it plans to begin flying from Orlando to Cancun, Mexico. Assuming it wins government approval, JetBlue says the daily flights would begin March 13.
Amazon.com Acquires Audible's Bookstore for $300M
On Thursday, Amazon.com said it inked a deal to acquire Audible, the leading online digital audio bookstore. Amazon.com will purchase all of Audible's outstanding shares for $11.50 per share and assume Audible.com's outstanding stock-based awards. That values the deal at $300 million. "Audible.com offers the best customer experience, the widest content selection and the broadest device compatibility in the industry," said Steve Kessel, Amazon.com's senior vice president for worldwide digital media. "Working together, we can introduce more innovations and bring this format to an even wider audience." Audible's Audio Assets Audible has made a name for itself in the digital world by peddling digital audio editions of books, newspapers and magazines, television and radio programs and original programming.
Former high court justice is mediator for ORU lawsuit
For more: Read the latest ORU stories, view the lawsuit and other documents and watch slide shows and video.
The parties involved in the Oral Roberts University lawsuit have chosen former Oklahoma Supreme Court Justice Daniel Boudreau as their mediator.
Three former professors have sued ORU, former President Richard Roberts and three college administrators for wrongful termination and related claims.
Tulsa County District Judge Rebecca Nightingale last week granted a request by ORU and the administrators to require mediation.
John Tucker, an attorney for ORU and the administrators, said a date for the mediation has not been set.
Boudreau served on all three levels of the Oklahoma judiciary -- the district court, intermediate court of civil appeals and the state Supreme Court.
Your Comments : Soldiers stopped at airport
They waited this long to make a big drama out of this. I think they shold have let them go to Iraq. Karma would have caught up with them and they would have earned a bullet in thier head. Nothing will happen now, they will just piss arround for the next six months doing inquiries. 114 days and 5 hrs agoSuggest removalPermalink Ratu Kaugone of Suva says… It did not need the immigration nor police to stop these officers and murder suspects from going overseas. The Military and its leaders itself (and they were doing this to others since the coup) should have been the very first ones to stop and even suspend these officers ,even if they were suspects, from the military until they were cleared of the allegations. However, like everything they have been doing (IG included) till now everything wrong or alleged to be wrong by others are actioned.
today's blogs
Tom Bevan at Real Clear Politics notes that Spitzer's climb-down came too late to save his approval ratings: "Seven months ago Spitzer's net approval rating was +23. In their latest poll, it's at -20. Republicans give him a 29% approval, Independents 33%, and even among members of his own party he's only at 41% - a 36% job approval rating over all. No wonder Spitzer cried 'Uncle' yesterday." "If Spitzer's position was truly principled," submits conservative California Yankee, "should it not be worth fighting for to the better end? The truth is more likely that Spitzer's decision is simply unprincipled and poll-driven." .
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