Karunathilaka, without naming the politicians or the Temple, said that politicians who have been rejected by the people have turned to Temples to do their politics. He said that at a time when Temples should be used to promote reconciliation and co-existence, some politicians are using Temples to promote hate. The Government today condemned the use of Temples in Colombo for political work by the opposition.Media Minister Gayantha Karunathilaka said that it was disappointing to note the use of Temples to promote hatred and anger by some politicians. The opposition, including former President Mahinda Rajapaksa often use the Abeyrama Temple for political meetings and press conferences.Karunathilaka urged the Buddhist clergy to ensure Temples are not used for politics especially since they are places of worship and should also not have a political agenda. (Colombo Gazette)
by Linda A. Johnson, The Associated Press Posted Jul 29, 2014 5:29 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Merck second-quarter profit more than doubles, tops forecast A big one-time gain and a tax benefit helped drugmaker Merck & Co. more than double second-quarter profit, improve its profit forecast and top analysts’ expectations.The maker of popular Type 2 diabetes pill Januvia said Tuesday that net income increased to $2 billion, or 68 cents per share, from $906 million, or 30 cents per share, in the same quarter a year earlier.Merck, based in Whitehouse Station, New Jersey, said its earnings, adjusted for one-time gains and costs, were 85 cents per share. Analysts surveyed by Zacks Investment Research expected 81 cents.Merck recorded a $741 million gain from AstraZeneca PLC, which exercised its option to buy out Merck’s interest in the British drugmaker’s heartburn drugs Nexium and Prilosec.The world’s fourth-biggest drugmaker’s revenue fell 1 per cent to $10.93 billion, still $220 million above Wall Street expectations.CEO Kenneth Frazier said on a conference call that Merck favours smaller acquisitions — like its $3.85 billion purchase of hepatitis C treatment developer Idenix Pharmaceuticals Inc., expected to close this quarter — and is not looking for a deal enabling it to move its legal headquarters to a country with a lower tax rate.That strategy, called inversion, is suddenly hot in corporate America. The U.S. has the world’s highest corporate tax rate, 35 per cent, but pharmaceutical companies here generally pay well under 30 per cent.Chicago-based drugmaker AbbVie Inc. just reached a $55 billion deal to combine with British counterpart Shire PLC and incorporate in Britain.BernsteinResearch analyst Dr. Timothy Anderson wrote to investors that Merck “will likely have another flattish year in 2014 in terms of financial performance but then growth should return more consistently.”Merck noted it expects by early next year to launch two new drugs awaiting approval: long-delayed suvorexant for insomnia and pembrolizumab for advanced melanoma. The latter is part of the promising new class of drugs that stimulate the immune system to identify and attack cancer cells.Meanwhile, Merck got U.S. approval in April for two tablets to gradually reduce grass and ragweed allergies, and in May for anticlotting drug Zontivity.Sales of Merck’s prescription drugs fell 2 per cent to $9.09 billion. Top sellers were Type 2 diabetes pills Januvia and Janumet, up 2 per cent at $1.58 billion, and cholesterol medicines Zetia and Vytorin, up 6 per cent to a combined $1.13 billion.Merck’s consumer health segment had the biggest sales increase, up 19 per cent to $583 million. In May, Merck agreed to sell that to Germany’s Bayer for $14.2 billion. It includes Claritin and the Coppertone sun-care line.Merck said it expects full-year sales of $42.4 billion to $43.2 billion and profit of $3.43 to $3.53 per share, excluding one-time items. In January, it forecast $3.35 to $3.53.In morning trading, Merck shares were up 72 cents at $58.69. They have increased 20 per cent in the last 12 months.___Follow Linda A. Johnson at www.twitter.com/LindaJ_onPharma.