ALSO NOTED: Chiron pulls MMR vaccine off the market; Targacept sets IPO price; and much more...

> Chiron is pulling Morupar, its vaccine for measles, mumps and rubella, off of the market after determining that it was linked to a higher rate of adverse effects than other vaccines. Chiron revised its projected earnings for 2005 down three cents a share as a result. Adverse reactions include fever, swelling of the glands and allergic responses. Sales of Morupar were $10 million last year, a tiny fraction of the company's overall revenue. Report

> Targacept set its planned IPO at 5 million shares at $11 to $13 a share. Report

> Roche says that its capacity to produce Tamiflu now exceeds government orders for the drug, which is seen as a possible protection against bird flu. Report

> Researchers say that a new type of immune cell found in the lungs of asthma patients offers a new target for drug makers looking for more effective therapies. Report

> The FDA wants stronger warnings on the risk of side effects posed by ADHD drugs. Report

> South San Francisco-based Titan Pharmaceuticals says it will raise $10 million in a stock offering. Release

> Chutes & Ladders: La Jolla Pharmaceuticals has named Deirdre Y. Gillespie, M.D. as its new CEO in the wake of the resignation of Steven Engle. Report

> Conor Medsystems has licensed pimecrolimus from Novartis Pharma for use with Conor's vascular drug delivery technologies. Release

> Metabasis Therapeutics reviewed Phase II results for the oral antiviral pradefovir. Report

And Finally… A new study found that seniors benefit more from antidepressants than psychotherapy when recovering from depression. Article