Alternative Medicine

One week after disclosing a potential $15.2 billion sale to a British pharmaceutical, MedImmune says its first-quarter profits jumped to more than three times that of the same period last year.

3M Co. said Monday that it has formed a partnership with a California company to develop a rapid test for staph and other infections.

BioMarin Pharmaceutical Inc. reported higher revenue and a lower loss for the first quarter.

Neoprobe Corp. said Monday its first-quarter loss rose to $1.1 million due to a decline in sales of its blood flow measurement devices.

Elephant Pharmacy Inc. on Monday named Kelly J. Kennedy as its first chief financial officer.