Dec 20 - Japanese drugmaker Nippon Shinyaku ( NPNKF ) infringed a Sarepta patent related to its Duchenne muscular dystrophy (DMD) drug Vyondys 53 and must pay $115.2 million in damages, a Delaware jury said on Friday. The jury also rejected competing patent claims by Shinyaku, which had accused Sarepta of violating its patent rights in its DMD drug Viltepso....

Dec 20 (Reuters) - The U.S. Food and Drug Administration on Friday approved Eli Lilly's ( LLY ) weight-loss treatment, Zepbound, for obstructive sleep apnea, making it the first drug greenlighted to directly treat patients with the common sleeping disorder. The regulator approved the drug for moderate to severe obstructive sleep apnea in adults with obesity, the company said. Sleep...

04:37 PM EST, 12/20/2024 (MT Newswires) -- Converge Technology Solutions ( CTSDF ) after close of trade Friday said due to the December holiday schedule, Converge will pay its quarterly dividend of $0.015 per share one day earlier than planned, on Dec. 27 instead of Dec.28. The record date of Dec. 10 for the dividend remains unchanged. ...

04:36 PM EST, 12/20/2024 (MT Newswires) -- Alamo Group ( ALG ) late Friday said Jeff Leonard plans to step down as chief executive and president as soon as the Alamo board of directors can appoint his successor. The industrial and agricultural equipment manufacturer said it has been preparing for Leonard's upcoming retirement and expects to name a new CEO...