A Miami man arrested in June on charges he laundered money in a scheme to defraud Medicare was sentenced on Friday to four years behind bars.

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GTx Inc. announced today that it will host a conference call and webcast at 10 a.m. (central) on Monday, Nov. 2, to provide an update regarding the New Drug Application for toremifene 80 mg to reduce fractures in men with prostate cancer on androgen deprivation therapy. (GTXI)

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Roundy’s Supermarkets Inc. will buy from Aurora Health Care all Aurora-operated pharmacies located inside Pick ‘n Save and Copps stores.

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Geron Corp., a Menlo Park-based stem cell research company, has moved closer to a federal approval that would allow it to resume its testing of an embryonic stem cell therapy for spinal cord injuries.

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Medical software maker Quality Systems Inc. on Friday posted higher sales and profits in its second quarter. (QSII)

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Procter & Gamble Co. received a warning letter by the U.S. Food and Drug Administration, saying the consumer products maker was illegally marketing Vicks cold and flu medicines.

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The Southeastern Wisconsin chapter of the Alzheimer’s Association in Milwaukee has been awarded a $126,000 grant over five years from the University of Wisconsin-Madison’s Wisconsin Alzheimer’s Institute (WAI).

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Oregon Health & Science University CFO Larry Revill has resigned effective immediately, after only two weeks on the job, citing unexpected changes in his personal life.

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Philadelphia has declared a swine flu emergency.

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Valeant Pharmaceuticals International said Friday that it is buying rights to several prescription and cosmetic dermatology products from an unnamed, privately-held, specialty pharmaceutical company in Poland for $18 million. (VRX)

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