Word: centoxin
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Dates: during 1990-1999
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...most promising new drug had been disappointing. Synergen stock closed last Friday at 15 1/4, down 26 7/8 for the week. The debacle followed the January collapse of shares of Centocor, which fell more than 60% when the firm suspended U.S. testing of its bacterial-shock treatment Centoxin...
...same vein, some extremely expensive technologies are used even before it is clear that they're needed. That may be the case with at least one new biotech drug, Centoxin, which is available on a limited basis to treat hospital-acquired infections that can cause fatal septic shock (estimated cost: $3,800 a dose). Trouble is, since the condition can kill so quickly, doctors will have to decide whether to administer the drug before they are sure the patient needs...
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