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Tag: drugs
Merck settles investor suits on cholesterol drugs
2013-02-14 18:15:13| Biotech - Topix.net
Merck & Co. has agreed to pay $688 million to settle two lawsuits brought by investors who alleged the drugmaker delayed releasing bad news on its blockbuster cholesterol drugs to prevent a drop in sales.
Tags: drugs
investor
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cholesterol
UPDATE 2-Reckitt in $482 mln deal to sell Bristol drugs in LatAm
2013-02-12 15:39:00| Biotech - Topix.net
Reckitt Benckiser is paying Bristol-Myers Squibb $482 million for the right to sell some of its non-prescription remedies in Brazil, Mexico and other parts of Latin America.
Novo Nordisk says FDA rejects insulin drugs
2013-02-11 00:57:46| Biotech - Topix.net
The Danish drugmaker says it received a "complete response letter" from the FDA regarding its applications for approval of Tresiba and Ryzodeg, or insulin degludec, on Friday.
Speciality pharmacies supply about 40 percent of all intravenous drugs used in hospitals
2013-02-08 17:44:38| Biotech - Topix.net
A fungal meningitis outbreak linked to the New England Compounding Center left at least 44 people dead and 678 ill in 19 states, the Centers for Disease Control and Prevention in Atlanta said.
Gilead profits continue to rise on strength of HIV drugs
2013-02-05 05:42:42| Biotech - Topix.net
Gilead Sciences on Monday reported higher-than-expected quarterly profit and revenue as sales of the Foster City company's flagship HIV drugs exceeded Wall Street estimates.
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