FDA Approves Merck Diabetes Drug (RedNova)
PHILADELPHIA _ Federal regulators approved a new diabetes drug Tuesday with two kinds of beneficiaries: millions of people struggling to control their disease, and the drug giant Merck & Co. Inc. laboring to revive its fortunes.

FDA Creates Express Lane for Approving Some Generic Drugs (Los Angeles Times)
WASHINGTON The Food and Drug Administration will accelerate its reviews of certain generic drugs, a top agency official said Wednesday, a move the industry said could help get some cheaper alternatives on the market sooner.

Indra rising (CNN Money)
1 Indra Nooyi