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The European Commission has informed pharmaceutical company Teva of its preliminary view that an agreement concluded with Cephalon was in breach of EU antitrust rules.
5 million to settle a class-action suit claiming that it conspired with Cephalon Inc.
Pursuant to an acquisition agreement with Cephalon, CTI is eligible to receive up to an additional USD80m in payments upon achievement of specified sales and development milestones related to TRISENOX by Teva.
1bn) deal to buy US biopharmaceutical firm Cephalon (NASDAQ:CEPH), the two companies said in a joint press release.
Melbourne, Australia, April 7, 2011 - (ABN Newswire) - Mesoblast Limited (ASX:MSB) (PINK:MBLTY) wishes to inform the market that the Board of its strategic partner Cephalon Inc.
Under the terms of the agreement, in exchange for exclusive worldwide rights to commercialize specific products based on Mesoblast's proprietary adult stem cell technology platform, Cephalon will make an upfront payment to Mesoblast totaling US$130 million (US$30 million upon Mesoblast shareholder approval) and regulatory milestone payments of up to US$1.
The Australian company will initially receive $130 million from Cephalon for the therapy rights, with $30 million of it due upon approval of Mesoblast's shareholders.
Cephalon is introducing full year 2011 sales guidance of $2.
Drug manufacturer Cephalon said it paid more than 900 physicians for speaking services or consulting in 2009.
BDC) have signed an agreement that will provide Cephalon with an option to acquire BDC.
Cephalon will assume all expenses for Phase III studies, regulatory filings and subsequent commercialization of the product.
Lesley Russell, Executive Vice President and Chief Medical Officer, Cephalon, "We are excited about this second FDA approval for TREANDA in 2008.