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Latest Headlines
Latest Headlines
Genmab buys antibody plant in $240M deal
PDL BioPharma has inked a deal to sell its U.S. antibody manufacturing plant to Denmark's Genmab for $240 million. The deal--which will enable Genmab to transition three
ALSO NOTED: Medtronic launches first Asian JV; Pfizer ups dividend by 10 percent;
> Medtronic is buying a 15 percent stake in a Chinese medical-device maker for $221 million and launching its first Asian joint venture.
In last act, PDL chief takes out the axe
Mark McDade has already announced that he's leaving his post as CEO of PDL BioPharma at the end of the year. And last night he
PDL sells assets, cuts jobs
Refocus, restructure--cut revenue? In the wake of its CEO's exit announcement , PDL BioPharma is selling all three of its marketed drugs and laying off 250 workers. By paring off Cardene
