Merck's generic Prilosec gets tentative nod
Franfurt: Germany's Merck said on Monday the US authorities had given a Canadian affiliate tentative approval to sell a generic version of drug maker AstraZeneca's Prilosec ulcer pill.
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Microsoft, NHL team up to deliver Web hockey
Seatle: In a new alliance with the National Hockey League unveiled on Monday, Microsoft is aiming to deliver the bone-crushing frenzy of a hockey game through the Internet with its digital media software.
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Adobe's new products aim to boost Acrobat sales
New York: Adobe Systems on Monday announced a pair new products aimed at strengthening its push to get big companies and government agencies to use its Acrobat software to manage paperwork over the Web.
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United Airlines to cut 1,250 jobs
Chicago: United Airlines has announced 1,250 job cuts with more to come as it faces a critical week trying to obtain loan guarantees from the government and employee wage concessions to avoid bankruptcy.
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Prudential, Wachovia in talks to combine brokerage operations
London: Prudential Financial and Wachovia are discussing ways to combine their brokerage units and create one of the world’s largest independent stock research and advisory operations, sources familiar with the situation said.
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Bush to push for low-cost generic drugs
Washington: US President George Bush will propose new regulations aimed at speeding consumer access to lower-cost generic drugs by limiting the ability of drug firms to prolong patent protections. Senior officials said the proposed rule changes would lower prescription drug costs by $3bn a year in the US.
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