Valeant Pays $13M To End Diabetes Drug Royalty Claims

By Julia Goodman ( October 31, 2017, 9:47 PM EDT) -- Valeant Pharmaceuticals International Inc. will pay $13 million to biotechnology company PDL BioPharma Inc. to settle a lawsuit alleging that Valeant owes more than $20 million in unpaid royalties for sales of diabetes drug Glumetza, PDL BioPharma said Monday....

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