The financial markets are signaling that the acute phase of the euro-zone financial crisis may be over and the crisis may be shifting into a chronic phase or more precisely, a chronic phase with likely acute interludes in which panic escalates.

WSJ: Brussels Beat: Parallels With 1920s Raise Worries Over Extremism

Just three months before its planned split into two companies, Abbott Laboratories is suffering a significant setback after a Phase III trial for a chronic kidney disease treatment was ended due to an excessive number of deaths and serious adverse events in patients.

FORBES: For Abbott, Setbacks Happen In Threes; Now, A Kidney Drug Trial Ends Over Deaths

MIP-1a was also necessary for the second phase of the disease, which is associated with chronic allergy.

BBC: NEWS | Health | Eyelid protein is key to allergy