Buffett firm slashes J&J stake by 95%; Sanofi shops Israel for consumer health company;
@FiercePharma: Slovenia's Krka expects 2012 profits to fall short, but sees 6% sales hike in 2013; plans hiring, new plants. Article | Follow @FiercePharma
FDA Commissioner Margaret Hamburg clashed with lawmakers on Capitol Hill yesterday, as she called for clearer FDA authority to regulate compounding pharmacies. Report
Warren Buffett's Berkshire Hathaway ($BRK.B) unloaded 95% of its stake in Johnson & Johnson ($JNJ) in its latest selloff of the stock. Report
The U.K.'s cost-effectiveness watchdog gave a final rejection to Pierre Fabre's bladder cancer drug Javior. Report
Sanofi's ($SNY) Israeli unit is shopping for a consumer healthcare company there, aiming for a deal in the "several tens of millions." Report
Slovenia's Krka saw net profits drop by 3%, but officials expect a 6% increase in sales for 2013, to €1.2 billion ($1.5 billion), and plan new hires and new plants at home and in Russia. Report
Medical Device News
@FierceMedDev: As advocates fight to repeal the device tax, we take a detailed look at how the 2.3% charge would work. Special Report | Follow @FierceMedDev
@MarkHFierce: Hansen Medical, maker of the Magellan Surgical Robot, raised $10M in a new offering. More | Follow @MarkHFierce
@DamianFierce: Roche Diagnostics broke ground on the first phase of its $300M Indianapolis expansion. News | Follow @DamianFierce
Study: CardioDx's test helps guide cardiology decisions. Story
Report: U.S. government incentives will spur robust infusion pump sales. Item
Biotech News
@FierceBiotech: From FierceBiotechIT.com: PPD secures adaptive trials software as clinical studies evolve. More | Follow @FierceBiotech
@JohnCFierce: After FDA rejection, Bristol-AstraZeneca team wins E.C. OK for diabetes drug dapagliflozin--new hope for SGLT2 drugs. News | Follow @JohnCFierce
@RyanMFierce: 10 trends in diagnostics from FierceBiotech. #1: Companion Dx. Special Report | Follow @RyanMFierce
Sanofi's new CSO to steer R&D reinvention drive from Cambridge, MA office. Report
Troubled Tranzyme reports another key clinical trial failure. News
Upstart Valor launches with plans to develop armed antibody cancer drugs. Article
Pharma Manufacturing News
Call for counterfeit drug treaty gets group banned from WHO event. Article
Regeneron invests $80 million in plant, office project. News
Promega expands with new China plant. Item
Genzyme manufacturing upgrades again paying off. Story
Vaccines News
@AlisonBFierce: Inovio Pharmaceuticals, a developer of synthetic vaccines, expanded its existing license agreement with UPenn. More | Follow @AlisonBFierce
FDA: Dynavax's Heplisav effective against hepatitis B. Report
Meningitis vaccine ruled safe for warm storage. Article
Takeda sets sights on the vaccine market. More
GSK's rotavirus vaccine selected for British program. News
GSK reports lackluster PhIII malaria vaccine data. Story
And Finally... Beta blockers, used to treat high blood pressure, are considered performance-enhancers in professional golf. Report
Summary
@FiercePharma: Slovenia's Krka expects 2012 profits to fall short, but sees 6% sales hike in 2013; plans hiring, new plants. Article | Follow @FiercePharma > FDA Commissioner Margaret Hamburg...