AstraZeneca may not be long for antibiotics; Genmab pockets $10M from J&J;

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> AstraZeneca's ($AZN) future in antibiotics may be in jeopardy. Earlier this week, a U.K. blogger speculated that the drugmaker is preparing to exit the field en masse, and the company, speaking to The Wall Street Journal, said it had no immediate plans to shake things up but will "take an opportunity-driven approach in our non-core therapeutic areas," which includes anti-invectives. Story

> Genmab has banked another $10 million milestone in its collaboration with Johnson & Johnson ($JNJ), through which the companies are developing daratumumab, a Phase III treatment for multiple myeloma. Release

Medical Device News

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Pharma News

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