Here and there.Shares of American Pharmaceutical Partners Inc. were off 11 percent last week following a Sept. 23 Wall Street Journal report that the generic drug generic drug, a drug sold or prescribed under the nonproprietary name of its active ingredients or under a generally descriptive name rather than under a brand or trade name. maker was the subject of an informal Securities and Exchange Commission investigation. The probe centers on allegations the company may have misled investors about the efficacy of its proprietary drug candidate Abraxane, which is under Food and Drug Administration review ... Proposition 71, the California Stem Cell stem cell In living organisms, an undifferentiated cell that can produce other cells that eventually make up specialized tissues and organs. There are two major types of stem cells, embryonic and adult. Research and Cures Initiative, keeps racking up endorsements from the business community. Among those that have recently signed on are the California Chamber of Commerce and regional chambers in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. and Contra Costa County ... Staar Surgical Co. has been hit with a series of purported class action lawsuits class action lawsuit A lawsuit in which one party or a limited number of parties sue on behalf of a larger group to which the parties belong. For example, investors may bring a class action lawsuit against a brokerage firm that has actively promoted a tax because of regulatory problems with the Food and Drug Administration that have delayed the approval of its implanted contact lens contact lens, thin plastic lens worn between the eye and eyelid that may be used instead of eyeglasses. Actors, models, and others wear them for appearance, and athletes use them for safety and convenience. . The stock has dropped more than 50 percent over the past year. Staff reporter Laurence Darmiento can be reached at (323) 549-5225, ext. 237, or at ldarmiento@labusinessjournal.com. |
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