Cougar Biotechnology, a Los Angeles biopharmaceutical company that focuses on oncology drugs, is being scooped up by Johnson & Johnson through a $1 billion cash tender offer, the companies said late Thursday. (CGRB) (JNJ)

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The College of Notre Dame of Maryland has received an $888,000 grant from the state that it will use to expand its master’s nursing program.

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Clark’s Rx Pharmacy has bought the Kettering/Oakwood Medicine Shoppe and will merge its operations into the nearby Clark’s location on Far Hills Avenue.

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With the creation of a team of sports medicine doctors, SLUCare will provide medical care for professionals, weekend warriors and students and serve as team doctors for the Saint Louis University Billikens and the RiverCity Rage, an indoor football team in St. Charles, Mo.

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A former officer manager for an area car dealership was sentenced Friday to 15 months in prison for stealing $219,000 and ordered to pay back the full amount in restitution.

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Struggling Metro got some good news late Thursday when the U.S. Senate passed a bill that would allow large cities to use some of their stimulus funding to restore transit service and avoid layoffs.

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Omnicare Inc. has a big advantage even in a down economy, CEO Joel Gemunder said at the company’s annual shareholder meeting Friday. (OCR)

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Saint Louis University recently received a $100,000 grant from the Bill & Melinda Gates Foundation for herpes and HIV vaccine research.

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Atwal Eye Care Center has received state approval to add two operating rooms at its Cheektowaga surgery center.

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Dr. Nicole Onetto will step down as senior vice president and chief medical officer of ZymoGenetics Inc., the biotech company said Thursday in a regulatory filing. (ZGEN)

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