PDL Biopharma dives after Genentech disputes Europe patents of 4 drugs, including Herceptin
PDL BioPharma plunges on dispute with Genentech
NEW YORK — Shares of PDL BioPharma Inc. plunged Friday on word of a royalty dispute between PDL and its collaborator Genentech.
Genentech has informed PDL that it does not believe four Genentech drugs infringe on patents held by PDL in Europe, PDL said. PDL receives royalties on sales of … Original article on : PDL Biopharma dives after Genentech disputes Europe patents of 4 drugs, including Herceptin.