WPI

Pharma

Watson to add respiratory products with $4.5 million R&D facility

Watson Pharmaceuticals (NYSE:WPI) has said it will build a $4.5 million research and development facility focused on developing respiratory products and inhalation technology in New Jersey. The drugmaker does not currently have a respiratory or inhalation platform, “so we will be establishing that organically,” a spokeswoman for the company said. About 50 new and current […]

Pharma

FDA panel votes no on Watson Pharma, Columbia Labs’ preterm birth gel

A U.S. Food and Drug Administration panel has voted against Columbia Laboratories‘ (Nasdaq: CBRX) and Watson Pharmaceuticals’ (NYSE: WPI) progesterone vaginal gel 8% to reduce preterm birth in women, saying the panel requires more information. The Advisory Committee for Reproductive Health Drugs said the gel did not produce a statistically significant reduction in preterm births […]