The FINANCIAL -- "Lebenstagebuch" a writing therapy for traumatized children of the Second World War – has been honored with the Aspirin Social Award 2012 from the Bayer Cares Foundation.

The FINANCIAL -- Pfizer Inc. announced that the Arthritis Advisory Committee to the U.S. Food and Drug Administration (FDA) voted 8-2 to recommend approval of the investigational agent tofacitinib for the treatment of adult patients with moderately to severely active rheumatoid arthritis (RA).

The FINANCIAL -- IBM announced that several hospitals and clinics from Russia’s rapidly evolving regions outside of MOSCOW and St Petersburg are partnering with IBM to modernize infrastructure and improve patient care.

The FINANCIAL -- GlaxoSmithKline plc announced that it will not participate in Human Genome Sciences  strategic alternatives review process and will instead commence a tender offer this week to acquire all of the outstanding shares of HGS for US$13.00 per share in cash.