> It turns out that Peter Kellogg's defection from Biogen Idec to Merck was no lateral move for the CFO. He'll make $832,008 as a base salary for the drug giant, a hefty premium over the $568,387 he brought home for the big biotech. Add in bonuses and options and Kellogg actually earned $3.4 million in compensation last year. And he's on to some hefty extras at Merck as well. Report
> Roche says it expects a response to its Ventana bid by the middle of next week. Report
> Imperial Innovations Group say they have invested £500,000 in NanoBioDesign Limited, a company developing a range of toxicity screening systems to speed up the drug discovery process. Release
> With Brazilian officials playing tough, Abbott has cut the price of Kaletra for AIDS by nearly 30 percent. Report
> China's Fosun International, which has a big pharma division, will probably raise about $1.48 billion in its IPO. Report (WSJ sub. req.)
> The FDA is warning doctors against combining a Roche antibiotic with certain medications for babies. Report
And Finally… After all the talk, it turns out that men are just as chatty as women. Report