Takeda walks away from Omontys

Share this article:

Takeda and Affymax are parting ways. PMLive reports that Takeda is withdrawing its US marketing application for the anemia drug Omontys and that Affymax is not looking to pick the marketing rights up.

The companies had to recall the drug last year after several patient deaths and allergic reactions. Takeda told PMLive that it looked into the reactions and found they could not be attributed to quality or manufacturing issues.

PMLive says Affymax had three employees as of March, and was running a deficit of around $560 million.

Share this article:
You must be a registered member of MMM to post a comment.
close

Next Article in Business Briefs

Email Newsletters

MM&M Future Leaders


Register now

Early bird $1,950 before 31 October 2014

*Group discounts available on request 

MM&M EBOOK: PATIENT ACCESS

Patient access to pharmaceuticals is a tale of two worlds—affordability has improved for the majority, while the minority is hampered by cost, distribution and red tape. To provide marketers with a well-rounded perspective, MM&M presents this e-book chock full of key insights. Click here to access it.

More in Business Briefs

Novartis said to be stepping out of HCV

Novartis is said to have relinquished rights to an investigational hep. C treatment, signaling its exit from the therapeutic space, according to a former partner's announcement.

Monday Moves: September 15

Hires and promotions for manufacturers, regulatory and agencies

Kantar acquires Evidências, expands Brazilian presence

The company's acquisition signals the growing importance of understanding the Brazilian healthcare market and evidence-based healthcare management services.