ZURICH, Dec 8 - Swiss drugmaker Novartis can spend $4-6 billion per year on acquisitions to strengthen its core pharma, eyecare and generics businesses or its three smaller units, its chief executive officer said in an interview on Sunday.
TEL AVIV, Dec 8 - Medical device maker Covidien PLC will acquire Israeli camera-in-a-pill maker Given Imaging for $30.00 per share in cash, or a total of $860 million, the companies said on Sunday.
(Updates with White House adviser returning to help with healthcare)
JERUSALEM, Dec 7 - Three units of Israel's IDB Group agreed to sell their stakes in camera-in-a-pill maker Given Imaging to an unnamed international group of investors for $426 million, IDB said on Saturday.
Dec 7 - A former SAC Capital Advisors trader, set to go on trial next month on insider trading charges, wants to cite in court some 2012 testimony given by the hedge fund's founder Steven Cohen, claiming it rebuts the government's case.
NUSA DUA, Indonesia - The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could add $1 trillion to the global economy