Abbott Park News
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Updated 57 minutes ago
OraSure Technologies Inc. soared the most in three years after U.S. regulatory advisers backed its bid to bring to market the first at-home HIV test that lets people get results without using a doctor or laboratory.
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Abbott Laboratories said it reached an agreement to pay $1.6 billion to settle federal and state claims resulting from an investigation into its epilepsy medication Depakote, the second-largest drug-marketing settlement in U.S. history.
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Drug companies are in such need of the latest experimental therapies to replace medicines losing patent protection that even a 68 percent takeover premium for Human Genome Sciences Inc. isn’t enough.
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Abbott Laboratories, a U.S. health- care company, sued the German drug maker Boehringer AG’s Roxane Laboratories Inc. and accused it of infringing three patents for the HIV drug Norvir.
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Abbott Laboratories, splitting into a drugmaker and a diversified health-care business, reported earnings that beat analysts’ estimates and raised its 2012 forecast as sales jumped more than expected for its top product.
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Few relapses were reported among patients taking Abbott Laboratories’ experimental hepatitis C treatment, according to a study.
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Abbott Laboratories said the European Commission approved its Humira injection for moderately to severely active ulcerative colitis in adults who haven’t responded well to conventional treatment.
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Abbott Laboratories, a U.S. health- care company, sued the German drug maker Boehringer AG’s Roxane Laboratories Inc. and accused it of infringing three patents for the HIV drug Norvir.
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Abbott Laboratories’ experimental hepatitis C treatment cured almost half of patients who couldn’t eliminate the virus with therapies now on the market, according to a study that boosted the company’s shares.
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Abbott Laboratories sued Watson Pharmaceuticals Inc. in Wilmington, Delaware, federal court for allegedly infringing two patents for its Niaspan cholesterol drug.
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