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Stock Market & Financial Investment News

News For RHHBY;ABBV From The Last 14 Days
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February 25, 2015
06:14 EDTRHHBYPTC Therapeutics takeout price likely tops $100/share, said Credit Suisse
Credit Suisse yesterday raised its price target for PTC Therapeutics (PTCT) shares to $100 from $66 after Reuters reported the drug market is starting a sale process with Shire (SHPG) and Biomarin (BMRN) as possible suitors. The firm believes a takeout is a likely outcome before or after data the Phase III data expected to be announced in October. PTC has Translarna Phase III trials ongoing in Duchenne muscular dystrophy and cystic fibrosis to support full approval in the U.S. Credit Suisse said yesterday in a note to investors that a takeout value for the company likely exceeds $100 per share. It believes PTC would be a good fit for Vertex (VRTX), Biogen (BIIB), Roche (RHHBY) and others. The firm kept an Outperform rating on the stock. PTC Therapeutics shares closed yesterday up $6.20 to $71.16.
February 24, 2015
09:06 EDTRHHBYRoche receives orphan status for treatment of pemphigus vulgaris
The FDA granted Roche's Genentech unit orphan status for rituximab, its treatment of pemphigus vulgaris.
07:05 EDTRHHBYRoche and BioMed X enter collaboration agreement to develop sensor technology
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February 23, 2015
11:19 EDTABBVEnanta announces JAMA publication of AbbVie VIEKIRA PAK study results
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11:04 EDTABBVAbbVie reports VIEKIRA PAK HPV/HIV co-infection study results published
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06:21 EDTRHHBYFacebook's shuttle drivers approve new union contract, WSJ reports
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February 20, 2015
16:48 EDTRHHBYDow, S&P 500 finish week at record highs after Greek deal reached
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10:33 EDTABBVBattleground update: AbbVie named top global pick at Jefferies
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07:23 EDTABBV, RHHBYAbbVie replaces Pfizer as top global pharma pick at Jefferies
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February 19, 2015
18:25 EDTRHHBYPiper Jaffray biotech analyst to hold analyst/industry conference call
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12:13 EDTABBVAbbVie increases quarterly dividend 4% to 51c per share
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09:09 EDTRHHBYLeerink's life science tools analyst holds an analyst/industry conference call
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06:45 EDTRHHBYStudy shows Roche's treatments equal to Eylea in most cases, NY Times says
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05:31 EDTRHHBYExelixis announces acceptance of NDA for Genentech cobimetinib
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05:26 EDTRHHBYFDA grants Genentech cobimetinib priority review for combination use
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February 17, 2015
18:06 EDTABBVPaulson & Co gives quarterly update on stakes
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February 13, 2015
09:07 EDTABBVDeutsche Bank biotech analyst holds an analyst/industry conference call
Biotech Analyst Karnauksas discusses AbbVie's product pipeline in an Analyst/Industry conference call to be held on February 13 at 10 am.
06:13 EDTABBVShire says $1.6B break fee from AbbVie is not taxable, Financial Times reports
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February 12, 2015
06:34 EDTABBVEnanta partner AbbVie submits hepatitis C NDA to Japanese regulating agency
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05:28 EDTABBVAbbVie submits new drug application in Japan for hepatitis C treatment
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