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    Eli Lilly signaled it could maintain or even boost research spending through 2014, even as company sales and earnings tumble due to expected generic competition for its biggest-selling medicines.

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    A panel of federal cancer experts says the best-selling cancer drug in the world should no longer be approved to treat breast cancer because it is ineffective and causes dangerous side effects.

  • Allen Stanford

    The court-appointed receiver who is recovering assets for investors in Allen Stanford's alleged Ponzi scheme is demanding that Libya's sovereign wealth funds return millions of dollars they somehow managed to withdraw just before the firm blew up in 2009, CNBC has learned.

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    The Food and Drug Administration says some chicken meat may contain small amounts of arsenic, though the agency is stressing that the amount is too tiny to be dangerous to people who eat it.

  • Cancer Drug Targets Tumor Cells

    Clay Siegall, Seattle Genetics CEO discussing the next generation of drugs in the battle against cancer.

  • Dificid is the first new FDA- drug approved for the infection in nearly 25 years, according to Optimer Pharmaceuticals.

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    Recent technology that identifies varieties of fish by their gene sequences has shown that 20 to 25 percent of seafood products are being mislabeled, the New York Times reports.

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    GlaxoSmithKline is seeing strong, double-digit growth from sales in emerging markets, offsetting sales declines from generic drugs in the U.S. and Europe, Chief Executive Andrew Witty told CNBC Tuesday.

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    Former Enron Chief Financial Officer Andy Fastow has been transferred to a Houston halfway house as he prepares to be released from prison later this year.

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    Blu, the maker of electronic cigarettes that release a nicotine-laden vapor instead of smoke, has developed packs of e-cigarettes with sensors that will let users know when other e-smokers are nearby, the New York Times reports.

  • Bratz Dolls

    A federal court jury has rejected Mattel Inc.'s copyright infringement claims involving MGA Entertainment's popular line of Bratz dolls and awarded MGA $88.4 million for misappropriation of its trade secrets by the Barbie-maker.

  • The Environmental Protection Agency and the Food and Drug Administration say that very low levels of radiation have turned up in a sample of milk from Washington state. But federal officials say consumers should not worry.

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    Studies suggest a link between food dyes and hyperactivity in children, the New York Times reports.

  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building in Washington, DC.

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    Whistleblowers who expose fraud, corruption and other kinds of wrongdoing can be deeply religious people, whose faith gives them an identity outside their corporate life.

  • Wall Street

    With new whistleblower rules coming to Wall Street, the industry's lobbyists have mounted a furious behind-the-scenes effort to constrain the reach of the new protections.

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    Two men, including a Wall Street veteran and a Minnesota trader who went undercover, explain how they worked with the IRS and FBI to expose tax fraud.

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    This is the story of the most successful—and least known—whistleblower operation of all time.  Four men who have made a vast fortune blowing the whistle on the drug industry, forcing Big Pharma to pay the federal government over a billion dollars in settlements.

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    Bradley Birkenfeld once lived the high life as secret Swiss banker at UBS in Geneva. Then he delivered some of the world’s best-kept secrets to the US government, expecting a great reward. And now he sits in federal prison in Pennsylvania.