Novartis wins the race to bet a generic version of epo approved in Europe. Truly a watershed day in biotech, in my view. Will we ever see generic epo in the US? That's the question...
Bloomberg.com: Germany
Novartis is first in a race among generic companies including Germany's Stada Arzneimittel AG to enter the $7 billion market dominated by Johnson & Johnson and Amgen Inc's branded versions of the drug. Sandoz sued U.S. regulators last year to win approval to copy the human growth hormone.
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