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MannKind Corp. Message Board

  • cedafuntennis cedafuntennis Apr 8, 2014 3:02 PM Flag

    cancer risks

    Eli Lilly & Co. (LLY $59) and Japanese partner Takeda Pharmaceutical Co. Ltd. (TKPYY $23) were ordered by a U.S. federal court to pay a combined $9.0 billion in punitive damages in a case alleging the companies hid cancer risks of its Actos diabetes drug. LLY was ordered to pay $3.0 billion and Takeda was ordered to pay $6.0 billion. Takeda said it "respectfully disagrees with the verdict and we intend to vigorously challenge this outcome through all available legal means, including possible post-trial motions and an appeal."

    Sentiment: Buy

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