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AbbVie to reconsider Shire deal

2014-10-15 09:27:33| BBC News | Business | UK Edition

US drug firm AbbVie says it is reconsidering its estimated 32bn takeover of UK rival Shire following new tax rules announced by the US Treasury.

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FTC sues AbbVie, Teva over testosterone replacement therapy deal

2014-09-09 11:55:23| Biotech - Topix.net

The Federal Trade Commission filed a complaint Monday against AbbVie and Teva Pharmaceutical Industries alleging the companies illegally blocked American consumers' access to lower-cost versions of the testosterone replacement therapy AndroGel. According to the FTC complaint, AbbVie of Chicago and its partner Besins Healthcare Inc. allegedly filed baseless patent infringement lawsuits against potential generic competitors to delay the introduction of lower-priced versions of AndroGel, which generates more than $1 billion a year in annual sales.

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FTC Sues AbbVie, Teva Over Generic AndroGel

2014-09-08 21:16:28| Biotech - Topix.net

The Federal Trade Commission is suing drugmakers AbbVie and Teva, saying they conspired to temporarily keep generic versions of AbbVie's low-testosterone drug AndroGel off the market. The FTC says AbbVie Inc. and its partner and Besins Healthcare filed baseless patent infringement lawsuits against Teva Pharmaceutical Industries Ltd. and Perrigo Co.

Tags: generic sues ftc teva

 

Calico, Google's biotech spinoff, forges $500M venture with AbbVie

2014-09-03 21:25:46| Biotech - Topix.net

Google's ambitious health startup is teaming up with biotechnology drugmaker AbbVie in a $500 million joint venture that will try to develop new ways to treat cancer and other diseases such as Alzheimer's.

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Infinity, AbbVie team up to develop cancer drug

2014-09-03 18:15:51| Biotech - Topix.net

Shares of Infinity Pharmaceuticals Inc. soared Wednesday after it said it could receive more than $800 million from a collaboration with fellow drug developer AbbVie on a potential cancer treatment.

Tags: team develop drug cancer

 

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