European Medicines Agency accepts regulatory submission for bazedoxifene/conjugated estrogens
Pfizer Inc. (NYSE: PFE) today announced that the European Medicines Agency (EMA) accepted for review the Marketing Authorization Application (MAA) for bazedoxifene/conjugated estrogens (BZA/CE), a potential new medicine for postmenopausal women with a uterus for the treatment of estrogen deficiency symptoms and treatment of osteoporosis in women at risk of fracture. Pfizer expects a decision from the European Commission in 2013. 
The Shareholders of Boehringer Ingelheim have appointed Dr Joachim Hasenmaier to Boehringer Ingelheim’s Board of Managing Directors. The 52-year old will take over responsibility for the new Consumer Health Care and Animal Health Board Division as of 1 October 2012. Prior to his appointment, Dr Hasenmaier was Regional Business Manager for Northern Europe and Canada. From 2001 to 2011, Hasenmaier was Divisional Head, Animal Health, at Boehringer Ingelheim. Before joining Boehringer Ingelheim, he held both management responsibilities in the field of animal health and worked as a consultant in Germany and internationally. 
Novartis announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has adopted a positive opinion for Afinitor® (everolimus) tablets*, in combination with exemestane, for the treatment of hormone receptor-positive (HR+), HER2/neu-negative (HER2-) advanced breast cancer, in postmenopausal women without symptomatic visceral disease after recurrence or progression following a non-steroidal aromatase inhibitor[1]. 
The Great Place to Work® Institute named Abbott (NYSE: ABT) one of the Best Multinational Workplaces in Europe at its European Awards event in Berlin. The company was specifically honored for workplace leadership in Belgium, Denmark, Ireland, Norway and Portugal. This is the third consecutive year that the Great Places to Work Institute has named Abbott one of the Best Workplaces in Europe. 
AstraZeneca today announced that full data results of the PLATO health economics substudy, which have been published online in the European Heart Journal, demonstrate that even at a higher drug cost and incremental cost per acute coronary syndromes (ACS) patient, ticagrelor (known as BRILIQUE in the European Union and BRILINTA elsewhere) numerically lowered non-drug healthcare costs versus generic clopidogrel and is cost-effective. 
Merck announced today the outcome of the Swiss consultation process and the final plan for restructuring the operations of its Merck Serono division in Switzerland. This includes the closure of the Geneva and Coinsins sites. The initial proposal was presented by the Merck Serono division to employees on April 24, 2012, providing Swiss-based employees the opportunity to provide alternative proposals in order to avoid the job cuts envisaged in the plan, to reduce their number, or to minimize their impact, in accordance with Swiss law. 
H. Lundbeck A/S (Lundbeck) today announced plans to restructure its commercial organisation in Europe. The aim is partly to establish a more flexible commercial infrastructure with respect to detailing to general practitioners ahead of multiple future product launches and partly to maintain cost control. The plan is to uphold Lundbeck's position as a leading CNS specialist and secure successful launches of new products. The proposed restructuring is intended to pave the way for a successful transition of Lundbeck's European product portfolio with several potential product launches in the coming years.