Legal
Rounding out the top five companies behind J&J and Sanofi are AbbVie, Celgene and Merck.
In the wake of sexual harassment allegations, OrbiMed Advisors’ founder and managing partner Sam Isaly has stepped down from his position.
The investigation dates back to a probe launched in May by Israel’s version of the U.S. SEC though the subject matter of the investigation was not initially revealed.
According to the report, Isaly made lewd comments to female employees, subjected them to pornographic images and made “pervasive sexist comments.”
Avanir is under fire after CNN filed a report showing how the company paid 500 prescribers about $14M over three years for prescribers to tout the benefits of its leading CNS drug Nuedexta.
On Wednesday, KBR reported that a male employee at Novartis Korea reported to the company that his female boss sexually harassed him in September.
After being criticized earlier this month by U.S. Sen. Kamala Harris, three separate sexual harassment lawsuits have been reported.
A look at the FDA’s long-awaited guidelines on how it will regulate regenerative medicine products, including stem cells.
The former Globus engineer took the new job at Stryker earlier this month.
The agreement, whose final terms are still being negotiated, must be approved by a court.
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