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Pharmaceutical

Syngenta Launches New Seed Treatment

According to PRNewswire, Syngenta announced the launch of VIBRANCE™, a proprietary seed treatment fungicide based on the new active ingredient sedaxane. VIBRANCE, which has been tailored specifically for the seed
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Japan''s Takeda Buying Nycomed for $13.6 billion

The Associated Press reports that Takeda Pharmaceutical Co. will buy Switzerland''s Nycomed for $13.6 billion, giving Japan''s biggest drugmaker coveted access to emerging markets. The all-cash deal is the largest
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Amylin Pharmaceuticals Files Suit Against Eli Lilly

PRNewswire reports that Amylin Pharmaceuticals, Inc. has filed a lawsuit against Eli Lilly and Company in the United States District Court for the Southern District of California, alleging that Lilly
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Merck Serono Pays $44 Million to Settle Kickback Charge

The Department of Justice said that multinational drugmaker Merck Serono SA has agreed to pay $44.3 million to settle allegations that it illegally promoted one of its drugs using kickbacks
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Pfizer CEO Read Considering Sale of Four Divisions

Bloomberg reports that Pfizer Chief Executive Officer Ian Read is reviewing the possible sale or spinoff of four divisions with $18.3 billion in annual revenue, led by the company’s third-biggest
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Allergan Loses $212 Million Lawsuit Over Botox Side Effects

According to Bloomberg, Allergan Inc. was ordered by a Virginia jury to pay $212 million to a 67-year-old man who said he got permanent brain damage after being injected with
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SEC Probing Ex-Berkshire Executive Sokol

According to Reuters, the Securities and Exchange Commission is probing former Berkshire Hathaway executive David Sokol, who has been under scrutiny for his trading in Lubrizol, a person familiar with
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Abbott Labs Sued on Montana Woman''s Claim Humira Caused Nerve Damage

Bloomberg reports that Abbott Laboratories is being sued on claims that its top-selling drug Humira caused permanent nerve damage in the feet of a Montana woman who took it for
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Patient Dies in Pfizer Oral RA Drug Study

According to the Associated Press, Pfizer Inc., confirmed that one patient who was taking its drug candidate tofacitinib, a pill designed to treat rheumatoid arthritis, died during a recent clinical
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Dynavax to Receive $6 Million Payment from Glaxo

Biotechnology company Dynavax Technologies Corp., will receive a $6 million milestone payment from partner GlaxoSmithKline after it started a study on a potential lupus drug, according to the Associated Press.
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