Litton Industries announced it is selling the remaining 25% of its biotech unit to Hazeiton Labs. Firm previously sold about half of the business to Akzo Pharma subsidiary Organon Teknika and about 25% to MetPath, Inc., a subsidiary of Corning Glass Works.
You may also be interested in...
Amgen reported 5% year-over-year revenue growth to $6.5bn in the second quarter, up 11% from Q1. It did not break out Lumakras sales but detailed upcoming data that may support future indications.
As CMS brings public attention to process with its national coverage analysis for Alzheimer’s drugs, legislation aims to encourage quick recommendations – and strengthen collaboration with FDA.
BMS’ histone deacetylase inhibitor is the first oncology drug outside the PD-1/L1 class to lose an indication under US FDA’s recent review of ‘dangling’ accelerated approvals. Claim for second-line peripheral T-cell lymphoma was withdrawn because first-line study failed to meet its progression-free survival endpoint.