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Genzyme Tries to Convince Sanofi-Aventis Its MS Drug Is Worth More

by | Dec 20, 2010 | Towing

The U.S. biotech is holding an analyst and investor meeting focused on the commercial potential of its multiple sclerosis drug Campath. The goal: to convince Paris-based Sanofi-Aventis to raise its hostile takeover offer in a b…

InterMune Lung Drug Is Backed by European Panel, Shares Double

by | Dec 17, 2010 | Towing

Shares of drugmaker InterMune have more than doubled in premarket trading after a European advisory panel backed the company’s experimental lung treatment Esbriet (pirfenidone), something the biotech failed to accomplish in the…

InterMune Lung Drug Is Backed by European Panel, Shares Double

by | Dec 17, 2010 | Towing

Shares of drugmaker InterMune have more than doubled in premarket trading after a European advisory panel backed the company’s experimental lung treatment Esbriet (pirfenidone), something the biotech failed to accomplish in the…

Novartis Obtains Final Shares of Alcon for $12.9 Billion

by | Dec 15, 2010 | Towing

Shares of Novartis soared higher on Wednesday, after the Swiss drug maker finally obtained the remaining outstanding shares of Alcon for $12.9 billion.
Continue reading Novartis Obtains Final Shares of Alcon fo…

WikiLeaks: Did Pfizer Use Unethical Tactics to Evade a Clinical Trial Settlement?

by | Dec 10, 2010 | Towing

According to the latest leaked U.S. diplomatic cables from WikiLeaks, Pfizer hired investigators to try to uncover evidence of corruption in order to pressure the Nigerian attorney general to drop the case against it.
…

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