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News Breaks
July 9, 2014
09:02 EDTBAXBaxter acquires AesRx, specific terms not disclosed
Baxter announced the acquisition of AesRx, including the development and commercialization of Aes-103. The Aes-103 program is currently in a Phase 2 clinical trial as part of an ongoing collaboration with the NIH’s National Center for Advancing Translational Sciences through its Therapeutics for Rare and Neglected Diseases program. Data has previously been presented from an escalating dose Phase I/2a safety study involving administration of a single dose among stable SCD patients. The compound was developed by a team from the VCU Institute for Structural Biology and Drug Discovery. Baxter made an initial payment to acquire the company and may make additional future payments based on specified development, regulatory and commercial milestones. The specific terms of the agreement were not disclosed.
News For BAX From The Last 14 Days
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July 17, 2014
09:15 EDTBAXBaxter says 'feels good' about guidance
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08:56 EDTBAXBaxter: Guidance contemplates possible headwinds related to cyclo competition
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07:05 EDTBAXBaxter sees Q3 EPS before special items $1.28-$1.32, consensus $1.32
The company said, "For Q3, the company expects sales growth of approximately 12%-13%, excluding the impact of foreign currency. TheQ3 earnings guidance excludes approximately 7c per diluted share of projected intangible asset amortization expense."
07:04 EDTBAXBaxter narrows FY14 adjusted EPS view to $5.10-$5.20, consensus $5.15
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07:02 EDTBAXBaxter reports Q2 adjusted EPS $1.26, consensus $1.22
Reports Q2 revenue $4.26B, consensus $4.12B.
07:01 EDTBAXBaxter confirms FY14 outlook
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July 16, 2014
15:27 EDTBAXNotable companies reporting before tomorrow's open
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