Medical Co. Launches $90M Suit Over Mad Cow Contamination

Law360, New York (April 26, 2012, 6:09 PM EDT) -- Bioaxone Biosciences Inc. on Thursday sued two partners for $90 million for allegedly contaminating the development of a spinal cord injury drug with animal products that could cause mad cow disease, leading the U.S. Food and Drug Administration to deny the drug's approval.

In a complaint filed in the U.S. District Court for the Southern District of Miami, the medical research company accused Nordion Inc. and Ricerca Biosciences LLC of ignoring best practices and negligently allowing beef extract and chicken feathers into the drug development process....
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