News, Money and Drugs for Monday, June 29, 2009
June 29, 2009 at 8:53 pm EST | Tags: News
Takeda’s setback with its diabetes drug alogliptin after an FDA thumbs down has hurt the company’s shares. [Reuters]
Roche axes Accutane, drug pulled. [Reuters]
Erbitux for lung cancer not worth the $80,000 price tag. [Bloomberg]
Teva and Antares get FDA thumbs up for needle-free injection device. [BizJournals]
Paladin Labs picks up some of Wyeth’s drug programs. [BusinessWeek]
Alizyme heading to the Graveyard? [FierceBiotech]
Roche to PhRMA: we’re out! [NJ]
Finally, Abbott has to pay $1.67 billion to J&J’s Centocor unit for using its invention to make arthritis drug Humira, a federal jury said. The price tag puts the decision as the largest patent verdict in U.S. history. Wow!! [Bloomberg]
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