SPECIAL REPORT
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- CNBC Anchor Takes a Sabbatical
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- NBA D-League On The Rise
- Privately Held Facebook Creates Dual-Class Stock
- On Twitter, Beware False Prophets
- Boeing, Duke Energy Win Smart Grid Stimulus Grants
- Madoff—The Holiday Drink
- Nov. 24: Unusual Volume Leaders
- Citi Mortgage Reveals What Treasury Won't
- Citi Mortgage Reveals What Treasury Won't
- S&P to Hit 1,200 by Year-End: Chief Investor
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Facebook's Biggest-Ever Holiday Shopping Season
- Facebook's New Dual Class Structure - Slow Steps to an IPO
- 5 Big Bank Stocks Investors Should Consider: Strategists
- Gambling Drunk, Texting to Live And America's On Sale - Your Emails
- Nov. 24: Unusual Volume Leaders
- NBA D-League On The Rise
- Call Me Crazy: Confessions of a Black Friday Shopper
- US Firms Hit by Payroll Taxes at Exactly the Wrong Time
- Citi Mortgage Reveals Something the US Treasury Won't
- Fed Sanguine About US Recovery, Worried on Jobs
- Amended Berkshire Filing Reveals No 'Secret' Holdings
- In Time for Holidays: More Gloom and Doom on Economy
- Market Pros Reveal Top Black Friday Trades
- Holiday Guide to This Season's Smartphones
- Turkey Day 101: How Well Do You Know Your Bird?
PHARMA'S MARKET VIDEO
RSS FEED
Pharma's Market
![]() |
CNBC.com |
IDEV is up big on heavy volume. It's not a huge deal, but some analysts think it's just the first in what could turn out to be a record year for hookups (buyouts and partnerships) in the biopharma sector.
A partnership announced by Merck this morning, though, is not what they're talking about. But I do find it kind of interesting as another example of the ever-expanding big pharma outsourcing trend. United Parcel Service [UPS
Loading...
()
] is taking control of two "key" Merck [MRK
Loading...
()
] distribution centers that handle the "majority" of the company's drugs and vaccines.
The move gives UPS a total of 3.5 million square feet around the world that's dedicated to healthcare products. Who knew? In addition, the press release says the agreement will save Merck money and, of course, it's all about cutting costs in big pharma these days. However, the companies didn't put a dollar value on the deal in the release.
Farewell Pharmalot
And finally, a shout out and godspeed to Ed Silverman, the Newark Star-Ledger pharma reporter-turned-blogger at www.pharmalot.com. Apparently a victim of the fast-changing media landscape, yesterday Ed posted his last entry. I will miss his take on things and the competition.
Questions? Comments?









