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Around the Watercooler
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Maxygen plans staff cuts after forming R&D joint venture with Astellas
Maxygen Inc. and Japanese drug maker Astellas Pharma Inc. will start an RD joint venture focused on protein drugs but largely spelling the beginning of the end of the Redwood Cit...
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Johnson & Johnson pays $1B for Elan stake
NEW BRUNSWICK, N.J. (AP) — Johnson Johnson said Thursday it will take an 18.4 percent stake Ireland-based drug developer Elan Corp. with a $1 billion investment. The news sent E...
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Abbott Labs loses $1.7 billion Humira patent lawsuit to Johnson & Johnson
In one of the largest patent verdicts in U.S. history, a federal jury Monday said Abbott Laboratories should pay nearly $1.7 billion in damages to Johnson Johnson, which claimed...
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