> CytRx plans to raise $37 million in a private offering of shares. Release
> Japanese regulators have approved GlaxoSmithKline's Seretide/Advair Diskus and Arixtra bronchial asthma treatment. Report
> The FDA has OK'd Cepheid's rapid test to detect antibiotic-resistant bacteria, sending its shares to a 52-week high. Report
> A new study published in the Journal of the American Medical Association has concluded that patients in for-profit dialysis chains routinely get higher doses of the antianemia drug Epogen. Report
> A new bill being considered by Congress would ban pharmaceutical companies from advertising new drugs for two years after they hit the market. Report
And Finally... A Chinese herbal medicine has been used as a model for a new drug that has cured malaria in animal studies. Report