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UPDATE 1-Takeda says to drop development of cholesterol drug
Research ), Japan's biggest drug maker, on Friday dropped development of a cholesterol-lowering drug candidate that had once been seen as one of its most promising medicines.
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World central banks unite to ease credit strain
WASHINGTON (Reuters) - The U.S. Federal Reserve and four other central banks on Tuesday teamed up to get hundreds of billions of dollars in fresh funds to cash-starved credit markets, allowing financial firms to use securities backed by home mortgages as collateral for central bank loans.