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Depomed Inc. started a Phase III test of an extended release version of a drug for menopausal hot flashes. (DEPO)
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In a move to strengthen its dermatology line of products, Valeant Pharmaceuticals International has inked a deal to buy Coria Laboratories Ltd. from parent company DFB Pharmaceuticals Inc. for $95 million. (VRX)
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André Hoffmann, a private investor and vice chairman of a Switzerland-based health care giant, has become the largest outside shareholder of MedAssurant Inc. by increasing his stake in the company by $175 million.
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Seton Home is set to open its new administrative building and clinic next month. This new facility will allow the organization to help more homeless teenage moms care for their babies. (T)
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LifePoint Hospitals Inc. will buy Rockdale Medical Center (RMC) in metro Atlanta in a deal worth up to $110 million. (LPNT)
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Florida’s insurance commissioner said he is closely monitoring events tied to the government’s bailout of American International Group.
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