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Praecis Pharmaceuticals

Address
830 Winter St Ste 1 Waltham MA 02451
Phone
(781) 795-4100
Visit:
gsk.com
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(781) 890-7471

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Business description (1)

PRAECIS PHARMACEUTICALS has been looking for the precise formula for profit, and it's hoping Big Pharma can help. The drug development firm was acquired by UK-based druggernaut GlaxoSmithKline in 2007, after suffering a series of disappointments with its FDA-approved prostate cancer drug Plenaxis. It opted to stop promoting Plenaxis in the US following lower-than-expected sales, and it lost its...

Posted on February 16, 2013. Brought to you by hoovers.

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