An eventful day

Risperidone generics launched by Teva and Patriot.

Dronabinol generics launched by Par and Watson.

I test drove a BMW 5. Not impressed.

Pfizer and Ranbaxy settle Lipitor litigation

Pfizer therefore got five more months ofLipitor.

And, Sanofi wants to acquire Zentiva for $2.6B. Another big pharma acquiring generic.

Daiichi to acquire Ranbaxy

Very surprising deal. Daiichi to pay $4.6B for a controlling stake. Ranbaxy will also get $800M in its war chest for acquisitions. And, Daiichi's share rose after the deal is announced!