239 articles for

October 2008

BIOGEN IDEC: Genentech Agreement Case Hearing Set to End in Dec.

A hearing in the arbitration filed by Biogen Idec Inc. against Genentech, Inc. alleging breach of their Collaboration Agreement is scheduled to conclude in December 2008.

On June 17, 2006, the Company filed a Demand for Arbitration against Genentech with…

BIOGEN IDEC: Contesting Mass. DOR’s 2001-2003 Tax Assessment

Biogen Idec Inc.’s wholly owned subsidiary, Biogen Idec MA, Inc., continues to contest the Massachusetts Department of Revenue’s US$38.9 million tax assessment.

On Sept. 12, 2006, the DOR issued a notice of assessment against Biogen Idec MA for US$38.9 million of…

WHX CORP: Kelly’s Wrongful Termination Case Ongoing in New York

Dennis Kelly’s lawsuit, over his illegal termination, is ongoing in the U.S. District Court for the Southern District of New York against WHX Corporation, Handy & Harman (Company subsidiary), and various benefit plans.

Paul Dixon and Mr. Kelly, two former…

BIOGEN IDEC: EC Continues Antitrust Probe on Competitive Modes

Biogen Idec Inc. continues to cooperate with the European Commission’s industry-wide antitrust inquiry into competitive conditions within the pharmaceutical sector.

As part of the inquiry that began on January 2008, the EC issued detailed questionnaires to about 100 companies, including the…

BIOGEN IDEC: DOJ Continues Probe on RITUXAN Promotion Practices

The U.S. Department of Justice’s investigation of Genentech, Inc. relating to the promotion of RITUXAN, a cancer medication used in combination with other cancer medicines to treat non-Hodgkin’s lymphoma, is ongoing.

Biogen Idec Inc. markets RITUXAN in the U.S. in…

BIOGEN IDEC: Mediation on Medicaid MDL Proceedings Still Ongoing

Mediation on outstanding claims filed against Biogen Idec Inc. and its subsidiary Biogen Inc. (n/k/a Biogen Idec MA Inc.) over certain drugs for which Medicaid provides reimbursement (covered drugs) is still ongoing.

Along with several other major pharmaceutical and biotechnology…

BIOGEN IDEC: Informal Mediation Continues in Arizona AG’s Suit

An informal mediation on a lawsuit filed by the Attorney General of Arizona against Biogen Idec Inc. along with several other major pharmaceutical and biotechnology companies, in the Superior Court of the State of Arizona, is ongoing.

The complaint, transferred…

WHX CORP: Certain Subsidiaries Facing Suits on Welding Emissions

Certain of WHX Corporation’s subsidiaries are defendants (Subsidiary Defendants) in numerous cases pending in a variety of jurisdictions relating to welding emissions.

Generally, the factual underpinning of the plaintiffs’ claims is that the use of welding products for their ordinary…

WHX CORP: Sumco Action v. Various Defendants Settled on Sept. 11

A lawsuit filed by WHX Corporation’s affiliate, Sumco Inc., against various defendants was settled on Sept. 11, 2008, according to a Company report, on Form S-1, filed with the Securities and Exchange Commission on Oct. 17, 2008.

On July 7, 2004,…

WHX CORP: Arista Development Case v. HHEM Still Ongoing in Mass.

WHX Corporation says that a lawsuit styled “Arista Development LLC v. Handy & Harman Electronic Materials Corporation” is ongoing in Bristol Superior Court in Massachusetts.

In 2004, a subsidiary of Company unit Hardy & Harman (H&H), HHEM, entered into an agreement…

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