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Digirad names new president and CEO

Mr Clyde replaces Mark Casner, who resigned as president, CEO and director of the company to pursue new business opportunities. Mr Clyde has been CFO since November 2002

Novartis to acquire Nektar’s pulmonary business unit

The acquisition will be financed from the group’s financial resources. Novartis will acquire research, development and manufacturing assets of Nektar’s pulmonary business unit, including tangible assets as well

Sanofi-Aventis expands R&D operations in China

This R&D expansion in China will allow the rapid growth of clinical programs and aims to encompass all activities, from drug-target identification to late-stage clinical studies, the company

Novartis Q3 net sales up

Net income for the third quarter of 2008 was $2.08 billion, an increase of 32%, compared to $1.57 billion in the third quarter of 2007. Basic earnings per