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Pharmaceutical

J&J Recalls Surgical Sutures Due to Risk of Contamination

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Johnson & Johnson has recalled several lots of surgical sutures in the United Kingdom because of a risk they are unsterile, according to the Associated Press. The recall began in
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Pfizer Completes Buyout of King Pharmaceuticals

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Pfizer Inc., the world''s largest drugmaker, has completed its acquisition of King Pharmaceuticals Inc. for $3.6 billion, according to the Associated Press. In January, Pfizer completed the tender offer for
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Mylan Gets FDA Approval for Generic Neurontin

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Mylan Inc. said its Matrix Laboratories unit received Food and Drug Administration approval to market a generic version of Pfizer Inc.''s drug Neurontin, according to the Associated Press. Neurontin was
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Abbott Wins Reversal of J&J’s $1.67 Billion Patent Victory

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Abbott Laboratories, maker of the arthritis drug Humira, succeeded in a bid to overturn a $1.67 billion patent-infringement verdict won by Johnson & Johnson. Bloomberg reports the 2009 verdict,
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Genzyme Will Write Down up to $23 Million for Layoffs

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Biotechnology company Genzyme Corp., expects a new round of layoffs to result in charges of $16 million to $23 million, according to the Associated Press. Genzyme, which is being acquired
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Sanofi-Aventis to Buy Genzyme for $20 billion

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According to the Associated Press, Sanofi-Aventis is buying specialty drugmaker Genzyme for $20.1 billion. Sanofi, the world''s fourth-largest drug maker, overcame Genzyme''s reluctance to a takeover by raising its previous
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Johnson & Johnson Recalls 70,000 Invega Syringes

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The Associated Press reports a unit of Johnson & Johnson has recalled 70,000 syringes of its antipsychotic drug Invega Sustenna after finding that some of the pre-filled syringes may have
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Merck Wins First Fosamax Osteoporosis Drug State-Court Trial

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Merck & Co. won the first of hundreds of state-court lawsuits in which its Fosamax osteoporosis drug is blamed for causing so-called jaw death, according to Bloomberg. Fosamax didn’t cause
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Pharmaceutical Conveying, Feeding System on Display at INTERPHEX 2011

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K-Tron will exhibit the latest sanitary feeding and pneumatic conveying equipment and systems in Booth 3637 at Interphex 2011, March 29-31, at the Jacob Javits Convention Center in New
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Pfizer Told to Pay $10 Million Over Prempro Verdict

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Bloomberg reports that Pfizer Inc. must pay more than $10 million in damages to an Arkansas woman who blamed her cancer on the company’s Prempro menopause drug, after an appeals
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