Article: Other News To Note.

o Amylin Pharmaceuticals Inc., of San Diego, and Eli Lilly and Co., of Indianapolis, said the European Committee for Medicinal Products for Human Use recommended approval of exenatide in Type II diabetes. Marketing authorization by the European Commission is expected later this year. If approved, the drug will be marketed in Europe as Byetta, the same brand name as in the U.S.

o Auxilium Pharmaceuticals Inc., of Malvern, Pa., closed its previously reported $43.3 million equity sale of 5.5 million common shares at $8.50 apiece. The specialty pharmaceutical company expects to use net proceeds for general corporate purposes, including working capital, product ...

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