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Stock Market & Financial Investment News

News Breaks
June 20, 2014
11:14 EDTAKRX, VRXAkorn sells ECR Pharmaceuticals unit to Valeant for $41M
Akorn (AKRX) announced that it has sold its subsidiary, ECR Pharmaceuticals, to Valeant Pharmaceuticals (VRX) for $41M in cash and assumption of certain liabilities. ECR, which promotes certain branded pharmaceuticals through its sales force, was acquired through the acquisition of Hi-Tech Pharmacal. In light of this divestiture, Akorn will update its annual 2014 guidance during its Q2 earnings call in early August.
News For AKRX;VRX From The Last 14 Days
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May 27, 2015
19:14 EDTVRXOn The Fly: After Hours Movers
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18:27 EDTVRXSalix receives FDA Approval of Xifaxan for treatment of IBS-D
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16:59 EDTVRXFDA approves Salix-marketed Xifaxan
The FDA approved Viberzi and Xifaxan, two new treatments, manufactured by two different companies, for irritable bowel syndrome with diarrhea, or IBS-D, in adult men and women. Xifaxan is marketed by Salix Pharmaceuticals, which was acquired by Valeant Pharmaceuticals. Reference Link
May 21, 2015
19:54 EDTVRXValeant to expand Canadian presence in coming years, Globe and Mail says
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May 20, 2015
06:37 EDTVRXSources: Valeant in talks to buy Amoun Pharmaceutical, Bloomberg reports
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06:32 EDTVRXValeant CEO sees quintupling in Asia sales by 2020, Reuters reports
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May 18, 2015
07:21 EDTAKRXAkorn receives NASDAQ delinquency notice
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May 15, 2015
17:15 EDTVRXPaulson & Co. gives quarterly update on stakes
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17:08 EDTVRXSoros Fund gives quarterly update on stakes
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17:03 EDTVRXPershing Square gives quarterly update on stakes
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10:55 EDTVRXJANA Partners gives quarterly update on stakes
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