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Special Report

2009 Fierce 15

Every year our sister publication FierceBiotech chooses the 15 most promising private biotech companies. The 2009 report is out. Click here to see the winners. Report

Top Headlines

Abbott loses $1.67B patent fight to J&J

It's the patent judgment to end all patent judgments. A federal jury in Texas said Abbott Laboratories should pay some $1.7 billion to Johnson & Johnson for copycatting its blockbuster rheumatoid arthritis drug Remicade. J&J's Centocor subsidiary had alleged that Abbott's Humira was made with technology J&J exclusively licensed from New York University. Article

Top Headlines

Amid Lantus furor, Sanofi restructures

Sanofi-Aventis tops the news again today, this time with more details of its restructuring plan. The French drugmaker will shutter four facilities in its home country and sell a fifth, with plans to close down locations in Japan, the U.S., U.K. and Spain as well. Though no layoffs are planned, the company is asking employees to take voluntary buyouts. Officials said they've set no target for the number of jobs shed. Meanwhile, Sanofi will hone its R&D operations by focusing on fewer disease targets and lining up partnerships rather than adding in-house research programs. Article