Biotechnology shares rose throughout the day Friday and remained up following the U.S. House vote and approval of a revised $700 billion rescue package for failing financial companies.
Drug maker Cephalon Inc., completing a previously announced settlement, will pay $425 million for illegally marketing a highly addictive lollipop painkiller and two other drugs for non-approved uses.
Biotechnology shares fell Monday as the market plunged following the U.S. House's rejection of a $700 billion rescue package for failing financial companies.