Actelion’s R&D group slammed with a setback as execs finalize $30B J&J deal
Actelion’s R&D group will spin off into a new biotech soon with a stinging setback to deal with.
The Swiss biotech, which has been at work finalizing the $30 billion J&J deal to acquire the commercial drug portfolio and partner on the experimental pipeline, announced early Thursday that it racked up one win and one loss in Phase III for its antibiotic cadazolid.
That’s all we know and evidently about all we’re going to find out right now. In a short statement the biotech said that their antibiotic had been tested in a Phase III program with 1,263 patients, comparing 250 mg of cadazolid twice daily against 4 daily doses of 125 mg vancomycin.
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