Auxilium files for EU approval of Xiapex for Peyronies disease Auxilium and Swedish Orphan Biovitrum AB announced that Sobi has filed for an extension of the label for Xiapex - collagenase clostridium histolyticum - with the EMA to include the indication of Peyronie's disease. The filing is based on positive safety and efficacy outcome data from two double-blind placebo-controlled studies. Sobi is Marketing Authorisation Holder for Xiapex in 28 EU member countries as well as Norway and Iceland.
Endo upgraded to Overweight from Neutral at Piper Jaffray Piper Jaffray upgraded Endo (ENDP) to Overweight with an $84 price target citing an improved asset base following the takeover of Auxilium (AUXL).
Auxilium downgraded to Neutral from Buy at Mizuho Mizuho downgraded Auxilium (AUXL) to Neutral following the company's agreement to be acquired by Endo (ENDP). The firm expects shareholders to approve the deal and does not expect a competing bid.