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By Ed Silverman // May 30th, 2007 // 11:32 am

· Novacea Shares Double On Drug Deal With Schering-Plough (Yahoo/Reuters)

· Biomet Shareholders Urged To Reject Bid (Bloomberg News)

· US Regulators OK AstraZeneca-MedImmune Deal (Yahoo/AP)

· Glaxo Shares Rise On Company Letter To The Lancet (Bloomberg News)

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