Tuesday, February 1, 2011

Alexion pays $111m for biotech firm, faces new patent lawsuit .

Cheshire-based Alexion Pharmaceuticals Inc and two other biopharmaceutical companies Weston, Mass.-based Biogen Idec Inc. and a subsidiary of AstraZeneca Plc. were named in a patent infringement lawsuit filed last week by Swiss pharmaceutical giant Novartis AG. Take a look at the story here