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Bristol Myers must face $6.4 bln lawsuit over delayed cancer drug

A U.S. judge on Friday refused to dismiss a $6.4 billion lawsuit accusing Bristol Myers Squibb Co of delaying its Breyanzi cancer drug to...

Gurnet Point Capital, Patient Square Capital agreed to pay up to $890 million for biotechnology

Radius Health, a maker of bone and cancer drugs, has agreed to be taken private in an acquisition worth up to $890 million, announcing...

Sanofi-GSK’s Covid vaccine, effective against omicron, could hit the market this year

Sanofi and GSK today announce positive data from their vaccine trial which evaluated an adjuvanted bivalent D614 and Beta vaccine candidate. Sanofi-GSK’s vaccine is...

FDA investigating another baby death possibly tied to Abbott formula

US Food and Drug Administration officials are investigating the death of another infant who was given formula made by Abbott Laboratories. The infant died in...

AVEO Oncology signs collaboration and supply agreement with Eli Lilly

AVEO Oncology Inc. said it has entered into a clinical trial collaboration and supply agreement in North America with Eli Lilly & Co. to...

Novartis loses over $2.7 billion in patent appeal of multiple sclerosis drug

A U.S. appeals court on Tuesday ruled that a patent related to Swiss drugmaker Novartis AG's blockbuster multiple sclerosis drug Gilenya was invalid, potentially...
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