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....
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Bioaxone Biosciences, Inc. v. Nordion (US), Inc. et al


Case Number

0:12-cv-60739

Court

Florida Southern

Nature of Suit

P.I.: Other

Judge

Robert N. Scola, Jr

Date Filed

April 26, 2012

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.