Wednesday, June 24, 2009

Takeda - Velcade: slapped wrist

WASHINGTON, June 23 (Reuters) - U.S. regulators have warned a Takeda Pharmaceutical Co unit about a misleading promotion for cancer drug Velcade.

A mailing from Takeda's Millennium Pharmaceuticals Inc unit overstated Velcade's effectiveness and failed to contain the appropriate information about its approved uses and risks, the Food and Drug Administration said in a letter to the company.

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