Company Name, Symbol, Share Price, Change
Abbott Laboratories' (NYSE:ABT) - $54.84 +0.31 (+0.57%) AstraZeneca (NYSE:AZN) - $36.54 +1.16 (+2.83%) Bristol-Myers Squibb (NYSE:BMY) - $22.19 +0.30 (+1.37%) Eli Lilly & Co. (NYSE:LLY) - $52.28 +0.48 (+0.93%) GlaxoSmithKline(NYSE:GSK) - $45.33 +0.61 (+1.36) Merck & Co. (NYSE:MRK) - $40.00 +1.64 (+4.28%) Novartis AG (NYSE:NVS) - $52.12 +0.64 (+1.24%) Pfizer Inc. ( NYSE:PFE) - $21.35 +0.01 (+0.05%) sanofi-aventis (EPA: SAN) -$49.42 +0.28 (+0.57%)Drug stocks rallied Friday and outpaced gains in the broader market. Most significant to the industry was Scherring-Plough's announcement that it was planning layoffs and larger cost-cutting initiatives. Merck's announcement that the FDA approved its rotavirus vaccine Rotarix also helped boost the company's stock.
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