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Merck, Simcere partner to form JV

Initially, the partnership will be focused on branded pharmaceutical products for cardiovascular and metabolic diseases. Under the deal, both the parties will offer combined portfolio of drugs for

athenahealth to take over Proxsys

Proxsys offers services for care coordination, order transmission, referral management, hospital patient registration, and insurance pre-certification. With this acquisition, athenahealth will ramp up its care coordination service, athenaCoordinator.

Eli Lilly Q2 revenue climbs

Eli Lilly‘s net income was $1.197bn, compared to $1.348bn for the same period in the prior year. The company’s operating income was $1.588bn for the second quarter ended

Avila gets new US patent

The new patent covers compositions of matter for a particular class of targeted covalent drugs that selectively and irreversibly inhibit kinases such as members of the epidermal growth