LONDON - Three former Shire Pharmaceuticals Group plc executives have raised $7.1 million to acquire nasal drug delivery technology from West Pharmaceutical Services Inc. (WPS), along with $40 million for product development, as the foundation of a new company, Archimedes Pharma Ltd. (BioWorld International)
LONDON - Cambridge Antibody Technology (CAT) Group plc received about £13.4 million (US$25 million) from Abbott Laboratories after the pharmaceutical company wasn't able to appeal a High Court judgment in CAT's favor and ordered to pay royalty arrears on sales of the blockbuster rheumatoid arthritis drug Humira. (BioWorld International)
LONDON - Cambridge Antibody Technology (CAT) Group plc received about £13.4 million (US$25 million) from Abbott Laboratories after the pharmaceutical company wasn't able to appeal a High Court judgment in CAT's favor and ordered to pay royalty arrears on sales of the blockbuster rheumatoid arthritis drug Humira. (BioWorld International)
