One less potential competitor for Botox


Johnson and Johnson (JNJ) discontinues its development of PurTox, a neurotoxin intended to compete with Allergan's (AGN) $2B anti-wrinkle blockbuster.

The company acquired the rights to the drug in 2009 with its buy of Mentor Corp.

The move will result in the loss of a small number of U.S.-based jobs.

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Comments (1)
  • User 22591111
    , contributor
    Comment (1) | Send Message
     
    when will JNJ get the FDA nod on this "Botox"?
    14 Apr 2014, 09:15 AM Reply Like
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