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Netherlands court upholds Lipitor patent

The decision, which is subject to appeal, prevents Indian generics business Ranbaxy from launching its drug before Lipitor’s basic patent expires in November 2011. “Today’s decision is another

Bristol-Myers and Medivir to collaborate on HIV drug

The agreement includes an upfront payment from Bristol-Myers Squibb of $7.5 million to Medivir. Sweden-based Medivir also may receive pre-specified development and regulatory milestones totaling approximately $97 million

Valeant hepatitis C drug misses efficacy target

The California-based company is developing Viramidine for use in treating chronic hepatitis C in combination with pegylated interferon, which Valeant hoped to prove would be as efficacious as

Bristol-Myers Squibb dismisses CEO

The board has appointed James Cornelius, chairman of Guidant Corporation, to act as interim CEO, while Mr Dolan has agreed to stay on as an adviser. Senior vice