As accusations many of them contained in lawsuit papers filed by shareholders fly right and left in the ImClone Systems Inc. imbroglio related to Erbitux (cetuximab), bystanders are trying to sort out what happened. (BioWorld Financial Watch)
SAN FRANCISCO The annual JPMorgan H&Q Healthcare Conference, drawing a record 5,000-plus attendees, closed last week with its traditional analyst wrap-up, where members of the firm sought to offer a "big picture" outlook on the coming year and provided their choices for stock buys.
While attendees of the annual JPMorgan H&Q Healthcare Conference scurried through the hallways of the Westin St. Francis hotel here, transgenic mouse company Medarex Inc. let loose a box full of news, including a three-way deal against breast cancer that is the fulfillment of the original promise of genomics and proteomics to turn target discovery into product development, said Donald Drakeman, president and CEO.