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Allergan Inc. (AGN) said it won't advance two of its key pipeline drugs into late stage trials needed for regulatory approval as quickly as it had hoped, sending the Botox maker's shares tumbling 12% and handing a big win to a competing drug maker.Chief Executive David Pyott said early data from a clinical study of its vision-loss drug DARPin don't merit moving the therapy into a late stage trial needed to gain approval from the U.S. Food and Drug Administration. The drug's eventual approval, still uncertain, will be delayed by one to two years, Mr. Pyott said, as the company conducts an additional midstage trial of the drug.Also, development of the company's experimental hair-loss treatment, Bimatoprost, will be delayed, the company said. The effectiveness of the drug in a mid stage trial doesn't warrant putting it into a late stage trial in the immediate future.Allergan made the disclosures during a conference call with analysts to discuss the company's first-quarter earnings, which ...
Advisors Asset Management Senior V.P. Gene Peroni and Spectrum Management Group Managing Partner Bob Phillips on a potential market correction and stocks investors should consider for their portfolios.
Allergan Inc.'s (AGN) fourth-quarter earnings rose 16% as the botox-maker reported growing revenue and fewer one-time charges.For the year, the company projected per...
Biotechnology firm Spectrum Pharmaceuticals Inc. (SPPI) said it reacquired development and commercialization rights for apaziquone in the U.S., Europe and other terr...
Credit Suisse Managing Director Catherine Arnold on why it is a good time to invest in pharmaceutical companies.
Botox-maker Allergan Inc. (AGN) doesn't want to be known as just a pretty face.The pharmaceutical firm famous for its cosmetic beauty products has agreed to pay $958...
Botox maker Allergan (NYSE:AGN) agreed this week to buy MAP Pharmaceuticals (NASDAQ:MAPP) for just under $1.0 billion in cash as it looks to expand its reach in the ...
Botox-maker Allergan Inc. (AGN) doesn't want to be known as just a pretty face.The pharmaceutical firm famous for its cosmetic beauty products has agreed to pay $958...
Allergan Inc. (AGN) said Tuesday it will buy MAP Pharmaceuticals Inc. (MAPP) in a $958 million deal that would help the Botox maker expand sales of medical treatment...
The U.S. Food and Drug Administration has expanded the approved use of Allergan Inc.'s (AGN) Botox to treat adults with overactive bladders who don't respond to othe...
Starting January 1, medical-device makers must pay a new 2.3% excise tax on sales, regardless if they make a profit, to raise $30 billion over the next decade to pay...
Allergan Inc. (AGN) said it agreed to buy SkinMedica Inc.'s topical-aesthetics skin-care business for $350 million to increase its presence in the skin-care market.T...
Allergan Inc. said Friday it'll pay up to $375 million to buy privately-held SkinMedica Inc. and its topical aesthetics skin care business. The acquisition does not ...
The U.S. stock market was hit hard on Wednesday as investors reacted to a report which showed slowing employment conditions for the month of April.The losses were al...
Allergan Inc.'s (AGN) first-quarter earnings slumped as the maker of face-wrinkle treatment Botox posted a disposal write-down of $259 million tied to its planned sa...
Federal health authorities have found fake versions of Allergan Inc.'s (AGN) Botox in the U.S.The U.S. Food and Drug Administration said Friday the product may have ...
The U.S. Food and Drug Administration rejected Allergan Inc.'s (AGN) experimental inhalation treatment for migraines, a setback for the company after acquiring the d...
Allergan Inc. (AGN) said the U.S. Food and Drug Adminstration didn't approve its new drug application for its inhalable Levadex treatment for acute migraines in its ...
Acadia Pharmaceuticals Inc. (ACAD) said in a surprise announcement that the U.S. Food and Drug Administration has allowed it to seek regulatory approval for its lead...
Allergan Inc.'s (AGN) chief executive officer saw a 51% increase in the value of his compensation for 2012 thanks to a large, one-time stock grant intended to reward...