Healthcare

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Merck signs $5 bln share buyback agreement with Goldman Sachs

May 21 - Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from makers of less-costly generics.

UPDATE 1-Healthcare workers strike at five California public hospitals

SAN FRANCISCO, May 21 - Thousands of healthcare workers walked off the job at the University of California's five medical centers on Tuesday, delaying emergency care, surgeries, diagnostic procedures and other medical treatment throughout the state.

9:23pm EDT

CORRECTED-Amag investigates anemia drug after report of death in Switzerland

(Corrects headline to "investigates." Amag did not say the drug caused the fatality.)

Roche, Sigma teamed up for failed Life Technologies bid -sources

NEW YORK, May 21 - Roche Holding AG teamed up with Sigma-Aldrich Corp to make an unsuccessful bid for Life Technologies Corp earlier this year, people familiar with the matter said.

Stocks, M&A, Markets, Technology 6:17pm EDT

Amag says anemia drug caused fatal reaction in Switzerland

May 21 - Amag Pharmaceuticals Inc said its marketing partner in Switzerland, Takeda Pharmaceutical Co Ltd, is recalling a batch of Amag's anemia drug, Rienso, because of a death and several cases of hypersensitivity.

Healthcare
Johnson & Johnson $88.59 +0.66%
Pfizer Inc $28.78 +0.28%
Merck & Co Inc $47.33 +4.69%

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