Category: Drugmaker
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Former Pfizer executives not involved in Starboard’s campaign against drugmaker By Reuters
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(Reuters) – Pfizer (NYSE:) former CEO and Chairman Ian Read and former CFO Frank D’Amelio said in a statement that they will not partner with activist investor Starboard Value, which wants the US pharmaceutical giant to make changes to turn around its performance. “We fully support Pfizer Chairman and CEO…
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Drugmaker Amneal agrees to $270 million U.S. opioid settlement By Reuters
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Written by Nate Raymond (Reuters) – Amnial Pharmaceuticals (Nasdaq) said on Friday it had reached an agreement worth more than $270 million to settle allegations that it helped fuel the deadly opioid epidemic in the United States, becoming the latest drug company to settle lawsuits over the addiction crisis sparked…