Clinical research giant Quintiles Transnational is teaming up with Japanese drug maker Eisai on the development of cancer drugs, the two companies announced Friday.

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Procter & Gamble Co. completed the sale of its drug business Friday, as expected, to Irish company Warner Chilcott plc. (PG)

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A family physician near San Francisco is encouraging members of the American Academy of Family Physicians to resign in protest of the organization’s alliance with The Coca-Cola Co. to educate consumers about how Coca-Cola’s products fit into a healthful lifestyle. (KO)

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Citizens Property Insurance Corp.’s homeowners insurance rates will rise an average 5.4 percent next year as the state-created company implements an adjustment the Florida Legislature approved last spring.

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Another Maryland resident has died of swine flu, making the state tally 13.

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The Silicon Valley ranks No. 2 among the nation’s largest 40 cities in the country in the category of violent crime, according to a Forbes magazine report.

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Jacksonville was second-to-last in a ranking of the safety of the 40 largest cities in the country by Forbes magazine. Only Miami was more dangerous.

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Forbes ranked the Portland area the third safest among the nation’s largest 40 cities.

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The Friends of the Wissahickon said Friday that drug maker Merck & Co. has awarded it $780,656 for the two-year Wissahickon Stormwater Mitigation and Sediment Reduction Project it has undertaken in partnership with the Natural Resources staff of the Fairmount Park Commission. (MRK)

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Lack of health insurance may have led to nearly 17,000 deaths nationwide over a 17-year period among hospitalized children, according to a new study conducted by researchers at Johns Hopkins Children’s Center.

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