Tag Archives: drug

Sanofi ends partnership with Lexicon to develop diabetes drug

FILE PHOTO: A logo of Sanofi is pictured during the company’s shareholders meeting in Paris, France, April 30, 2019. REUTERS/Benoit Tessier (Reuters) – French drugmaker Sanofi SA said on Friday it had terminated its partnership with Lexicon Pharmaceuticals Inc to develop and manufacture a drug for use with insulin in patients with type 1 and… Read More »

Insys, the Opioid Drug Maker, to Pay $225 Million to Settle Fraud Charges

The opioid manufacturer Insys Therapeutics agreed to pay $ 225 million to settle federal criminal and civil charges that it illegally marketed a highly addictive fentanyl painkiller to doctors, federal prosecutors said on Wednesday. As part of the deal, a subsidiary of Insys will plead guilty to five counts of mail fraud and the company… Read More »