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The makers of anti-impotence drug Viagra have withdrawn their bid to make it available without a prescription. Drug company Pfizer had wanted to make 50 milligram tablets freely available in the European Union.

Idera Pharmaceuticals (NASDAQ:IDRA), a Cambridge, MA-based developer of drugs that target a family of immune system receptors, reports it has inked a one-year extension to its research collaboration with New Jersey-based drug giant Merck.

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ATLANTA, Nov. 20, 2008 (GLOBE NEWSWIRE) -- Holzer Holzer & Fistel, LLC is investigating possible violations of the federal securities laws by KV Pharmaceutical Company ('KV' or the 'Company') (NYSE:KV-A) (NYSE:KV-B). The investigation focuses on

President-elect Barack Obama reportedly plans to name Congressional Budget Office Director Peter Orszag as director of the White House Office of Management and Budget, the AP/Miami Herald reports (Taylor, AP/Miami Herald, 11/19).