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Mylan received final approval form the FDA for the Budesonide capsules on May 16, 2011. It is the generic version of AstraZeneca's Entocort EC capsules. It is the first generic version of the drug to be introduced in the U.S.
Budesonide had sales in the U.S.
Mylan Inc. (NASDAQ:MYL) announced today that the U.S. District Court for Delaware has found that the company's Budesonide Capsules do not infringe upon AstraZeneca's (NYSE:AZN) patent for its Entocort EC capsules, a treatment for
3M (MMM) is set to expand manufacturing in China for solar markets. AstraZeneca (AZN) announces FDA approval of Vandetanib. Merck (MRK) announced that the FDA declined to widen Gardasil to women older than 26. Starwood H
Health care shares are higher in mid-day trading while Merck (MRK) and Johnson & Johnson (JNJ) get a key approval in the UK. In mid-day news, AstraZeneca (AZN) is defending its best-selling heartburn and stomach ulcer medicati
The settlement is the largest multi-state, consumer protection pharmaceutical settlement of record, reports Reuters.
Regulators accused the company of unfair and misleading marketing of the drug for unapproved uses. While physicians can prescribe medication for other uses, companies are not allowed to market drugs beyond approved uses.
AstraZeneca (NYSE:AZN) will pay $68.5 million to 37 states and the District of Columbia in a settlement over the British drugmaker's deceptive marketing of its anti-psychotic drug Seroquel.
UBS downgraded AstraZeneca (NYSE:AZN) to neutral from buy, on a shift in sector preferences. AstraZeneca is trading down 0.2% to $48.32 per share.
Health care shares are lower in mid-session trading while AstraZeneca (AZN) continues to take steps to settle lawsuits over its Seroquel drug. ADRs of AstraZeneca are down on a Bloomberg report the drug maker paid $150 million to
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Weatherford International (NYSE:WFT) traded today at a new 52-week high of $14.46. Thi ...
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Waste Connections (NYSE:WCN) traded today at a new 52-week high of $40.70. So far toda ...
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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,...
