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Medco Health Solutions Inc. and Celesio AG will create a joint venture to provide mail-order pharmacy services in Germany and the rest of Europe. The new company will be called Medco Celesio B.V. and will be based in Amsterdam.

Medical advisors to the Food and Drug Administration and representatives from pharmaceutical companies will meet in order to assess the safety risks of popular painkillers.

Questions about the safety of Pfizer's Celebrex are bringing Food and Drug Administration's recent failures to light, and changes may be forthcoming at the agency.

The Food and Drug Administration is looking abroad at countries such as France for examples of how to reform pharmaceutical regulation and monitoring.

Merck's recall of the arthritis and pain medication Vioxx is making some people question if the Food and Drug Administration is doing its job properly.

The Pharmaceutical Research and Manufacturers of America will introduce a web site for drug companies to disclose the results of studies, but participation will be voluntary, and thus it will not satisfy those that are calling for greater industry transparency.

The U.S. Food and Drug Administration is considering labeling antidepressants to warn of a link between usage and suicidal tendencies among youth.

The Food and Drug Administration is changing its rules to allow food manufacturers to account for the differences between 'healthy' and 'non-healthy' fats on packages.

Sony Corp.'s Sony Pictures Digital Entertainment unit is introducing a new broadband service on the Web that will enable users to buy software that will allow them to create their own sound recordings and music videos.

British Airways' proposed strategic alliance with American Airlines, a rival firm, is expected to be derailed by the cancellation of the scheduled hearings of the US Department of Transportation for the approval of the agreement. The postponement of the hearings was spurred by the inability of the US and UK negotiating panel to agree on key issues such as pricing, routes and other restrictions. The planned hearings are intended to explore the possibility of granting the carriers' petition to have antitrust immunity in their bid to operate effectively in the US as well as in the UK.

Top cardiologist Steven Nissen will have a more public opportunity to continue his efforts to support the pharmaceutical industry when he agrees with it and to question it when he doesn't through his new appointments to the American College of Cardiology and the Cleveland Clinic.