Sanofi faces U.S. class action over MS drug Lemtrada

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Sanofi faces U.S. class action over MS drug Lemtrada

Post by MSUK » Mon Dec 23, 2013 4:58 am

A U.S. law firm is launching a class action against France's Sanofi over what it calls misleading statements on the safety and efficacy of its multiple sclerosis drug Lemtrada.

Sanofi acquired Lemtrada when it bought U.S. biotech firm Genzyme for $20.1 billion in 2011. The drug's prospects took center-stage in a drawn-out takeover battle and led to a deal in which Genzyme shareholders received listed contingent value rights (CVRs) linked to Lemtrada's future success...... Read More - http://www.ms-uk.org/lemtrada
MS-UK - http://www.ms-uk.org/
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