Caraco Pharmaceutical Laboratories Ltd. said Thursday it launched a generic version of Sanofi-Aventis' cancer treatment Eloxatin.

Three strong aftershocks rock the country, forcing officials to curtail inauguration ceremonies for the new president.

Sanofi-Aventis said Thursday it completed its acquisition of Chattem Inc., making the Tennessee company a wholly owned subsidiary of the French drugmaker.

AstraZeneca PLC announced a supply partnership with India's Torrent Pharmaceuticals on Thursday, its first such link with a generic drugmaker as it seeks to boost its presence in emerging markets and counter patent losses on blockbuster medicines.

Two of the world's biggest pharmaceutical companies said Tuesday they are uniting their animal health businesses in a deal to become the top dog in the veterinary industry.

Biotechnology company Exelixis Inc. plans to eliminate about 270 jobs, or around 40 percent of its staff, as it tries to save money and continue development of cancer drugs with Sanofi-Aventis SA and Bristol-Myers Squibb Co.

PET MEDS: Two top pharmaceutical companies, Merck & Co. and Sanofi-Aventis SA, are uniting their animal health businesses in what would be the world's largest veterinary medicine company.

Some of the top products from animal health businesses Merial and Intervet/Schering-Plough, which are being combined under a deal announced by Merck & Co. and France's Sanofi-Aventis SA:

Bristol-Myers Squibb Co. and Pfizer Inc. on Thursday said their blood thinner apixaban was more effective than Sanofi-Aventis' Lovenox in a late stage clinical trial.

Shares of Dendreon Corp. rose Thursday as updated study results suggested the drug developer's prostate cancer drug candidate Provenge will likely gain approval in spring and could become a blockbuster treatment.

Drugmaker Bristol-Myers Squibb Co. said Thursday it expects a profit of at least $1.95 per share in 2013, a crucial period because that's when U.S. generic competition will start wiping out sales of its top-selling medicine, the blood thinner Plavix.