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Stock Market & Financial Investment News

News Breaks
December 16, 2013
07:42 EDTACRXAcelRx, Grunenthal collaborate for ZALVISO EU commercialization
AcelRx Pharmaceuticals and Grunenthal announced that they have entered into a commercial collaboration, covering the territory of the European Union, certain other European countries and Australia for ZALVISO for potential use in pain treatment within or dispensed by a hospital, hospice, nursing home or other medically supervised setting. AcelRx retains all rights in remaining countries, including the U.S. and Asia. Under the terms of the agreement, AcelRx will receive an upfront cash payment of $30M. AcelRx is eligible to receive approximately $220M in additional milestone payments, based upon successful regulatory and product development efforts and net sales target achievements. Grunenthal will also make tiered royalty, supply and trademark fee payments in the mid-teens up to the mid-twenties percent range, on net sales of ZALVISO in the Grunenthal territory. Grunenthal will be responsible for all commercial activities for ZALVISO. AcelRx will be responsible for maintaining device regulatory approval in the Grunenthal territory and manufacturing and supply of ZALVISO to Grunenthal for commercial sales and clinical trials.
News For ACRX From The Last 14 Days
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April 17, 2014
09:59 EDTACRXOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AcelRx (ACRX) initiated with a Buy at Canaccord... Acorda Therapeutics (ACOR) initiated with a Hold at Canaccord... Alcobra (ADHD) initiated with a Buy at Canaccord... Benefitfocus (BNFT) initiated with a Market Perform at William Blair... Cameron (CAM) initiated with a Buy at Gabelli... Covanta (CVA) initiated with an Outperform at Macquarie... Foundation Medicine (FMI) initiated with a Market Perform at William Blair... Golub Capital (GBDC) initiated with an Outperform at Raymond James... Hanmi Financial (HAFC) initiated with an Outperform at Raymond James... Jazz Pharmaceuticals (JAZZ) initiated with a Buy at Canaccord... Kronos Worldwide (KRO) initiated with a Reduce at SunTrust... Magnum Hunter (MHR) initiated with a Hold at Maxim... Norwegian Cruise Line (NCLH) initiated with a Buy at Longbow... Plum Creek Timber (PCL) initiated with an Outperform at RBC Capital... RF Micro Devices (RFMD) initiated with a Market Perform at BMO Capital... SanDisk (SNDK) assumed with an Overweight at Piper Jaffray... Skyworks (SWKS) initiated with a Market Perform at BMO Capital... TransEnterix (TRXC) initiated with a Buy at Sterne Agee... TriQuint (TQNT) initiated with a Market Perform at BMO Capital... WebMD (WBMD) initiated with an Outperform at William Blair.
07:30 EDTACRXAcelRx initiated with a Buy at Canaccord
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April 14, 2014
10:02 EDTACRXOn The Fly: Analyst Initiation Summary
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08:01 EDTACRXAcelRx initiated with a Buy at Roth Capital
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April 10, 2014
06:48 EDTACRXAcelRx coverage assumed with a Buy at Jefferies
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