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The dispute arose when ABT said it was reluctant to launch and commercialize DM-1796, an investigational, once-daily formulation of gabapentin for the management of post-herpetic neuralgia.
Shares of DepoMed (DEPO) dropped as much as 13.37% to $5.70 in pre-market trading as the company tries to resolve its ongoing dispute with Abbott Laboratories (ABT) over the commercialization of its investigational drug DM-1796. T
Good Morning. It's Wednesday, January 5, 2011. At this hour, U.S. equity futures are down. Overseas, the Asian markets were mixed, while the European markets are lower.
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From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
