A year ago, Baxter International and APP Pharmaceuticals split the domestic market for heparin, an anticlotting drug needed for surgery and dialysis. |
The two next-generation classes of compound that are currently in clinical trials target an enzyme that cuts APP, known as gamma secretase. |
The United States bondholders had previously received temporary restraining orders against APP, but those restraining orders have been reversed. |
Currently, 580 people work at the Grand Island site and APP plans to hire an additional 90 employees within the scope of the site expansion. |