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J&J To Eliminate Ortho Biotech Unit

From The Cancer Letter, May 2, 2008:

Johnson & Johnson is eliminating the separate business unit Ortho Biotech, which has developed the market for  erythropiesis-stimulating agents by claiming in  direct-to-consumer advertising that they improved cancer patients’ quality of life.

On April 29, the company told its employees that Ortho Biotech would be combined with another J&J company, Centocor Inc., which markets the agent Remicade, a treatment for autoimmune diseases, now the company’s highest grossing drug.

Click on The Cancer Letter Archive at left to download the May 2 issue (subscription required).
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Friday, May 02, 2008 in drug development  | Permalink |  Comments (0)
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