Romney tells voters to move on from Obama disappointment

Republican presidenial nominee Romney and vice presidential nominee Ryan pose with members of their staff for a picture before the fourth session of the 2012 Republican National Convention in TampaTAMPA, Florida (Reuters) – Republican Mitt Romney will urge Americans in a major speech on Thursday to leave behind their disappointment in President Barack Obama and join him to rebuild the U.S. economy and generate millions of jobs. Taking center stage with an address to the Republican convention in Tampa, Florida, Romney will vow to be a champion for small business and to restore a sense of innovation in America. "What is needed in our country today is not complicated or profound. It doesn't take a special government commission to tell us what America needs. What America needs is jobs. …

FDA warns against use of Pfizer’s Revatio in children

(Reuters) – U.S. health regulators recommended against use of Pfizer Inc’s pulmonary arterial hypertension (PAH) drug Revatio in children up to 17 years of age, saying it had a higher risk of death when taken in a high dose. While the drug has never been approved for treatment of PAH in children, the U.S. Food and Drug Administration’s warning is against off-label use of the drug. …

St Jude reorganizes to save $50-$60 million a year, cuts 300 jobs

(Reuters) – St. Jude Medical Inc, a maker of heart devices, has realigned its product divisions into new operating units: one for implantable electronic systems and another for cardiovascular and ablation technologies. The company, which said it has eliminated about 300 jobs, expects the changes to reduce pretax operating expenses by $50 million to $60 million annually beginning in 2013. Previously, St. Jude had four divisions: cardiac rhythm management, neuromodulation, atrial fibrillation and cardiovascular. …

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