Johnson & Johnson Recalls Tylenol Products on Odor Complaints

Johnson & Johnson (JNJ) is recalling Tylenol products because of a musty odor, the company’s third such recall in 12 months.

J&J is yanking a line of Tylenol 8-hour caplets containing 127,728 bottles after customers complained of a musty smell…

Sanofi Denies Offering $69-$80 Price Range to Genzyme

There’s a new plot twist in the takeover battle between French pharmaceutical giant Sanofi-Aventis and U.S. drugmaker Genzyme. A regulatory filing made by Genzyme on Thursday claims Sanofi may be willing to go much higher than …

J&J to Acquire Vaccine Maker Crucell

Giant drugmaker Johnson & Johnson has agreed to buy Dutch vaccine maker Crucell. The deal will give J&J a bigger piece of the vaccine market and better access to emerging markets.
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