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Stock Market & Financial Investment News

News Breaks
December 28, 2012
17:48 EDTBMY, PFEBristol-Myers Squibb, Pfizer announce FDA approval of Eliquis
Bristol-Myers Squibb (BMY) and Pfizer (PFE) announced that the U.S. Food and Drug Administration has approved Eliquis. Bristol-Myers Squibb and Pfizer will provide additional information on the FDA approval of Eliquis in a separate press release, to be issued next week.
News For BMY;PFE From The Last 14 Days
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May 17, 2013
13:21 EDTBMYOptions with increasing implied volatility: CPRT BMY GDI HNZ
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May 16, 2013
16:32 EDTBMYBristol-Myers announces intention to voluntarily delist preferred stock
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13:20 EDTBMYFollow-up: Bristol-Myers upgraded to Outperform from Market Perform at Leerink
Leerink upgraded Bristol-Myers citing the company's multi-billion dollar immuno-oncology prospects. The firm says there were additional responses reported in the press briefing with combination nivolumab and Yervoy. Leerink has a $51 price target for shares.
13:14 EDTBMYBristol-Myers upgraded to Outperform from Market Perform at Leerink
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08:55 EDTPFE, BMYBofA/Merrill's pharmaceuticals analysts hold analyst/industry conference call
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08:38 EDTBMYBristol-Myers shares likely to give back recent gains, says Leerink
Leerink expects shares of Bristol-Myers to give back recent gains after ASCO published abstracts last night. The firm found the abstracts as in-line with, but not above, its expectations for nivolumab alone or immuno-oncology combination therapy and keeps a Market Perform rating on Bristol-Myers.
05:52 EDTBMYStocks with implied volatility movement; BMY SLV
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May 15, 2013
11:28 EDTBMYOptions with increasing implied volatility: BMY AGNC EBIX IAU
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09:43 EDTBMYActive equity option families trading on open
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May 14, 2013
07:24 EDTBMYEBD Group to host a conference
BioTrinity 2013 is being held in Newbury, England on May 14-16.
May 10, 2013
16:29 EDTPFEOn The Fly: Closing Wrap
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12:31 EDTPFEOn The Fly: Midday Wrap
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11:48 EDTBMY, PFEDrugmakers to face pressure on U.S. prices, Reuters says
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09:21 EDTPFEOn The Fly: Pre-market Movers
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08:08 EDTPFEPain Therapeutics discloses Pfizer reassessing continued Remoxy partnership
Pain Therapeutics (PTIE) disclosed a letter its CEO was sent from partner Pfizer (PFE) in which the drug maker said it is reassessing its endorsement of the Remoxy program "given the years of delay, additional cost incurred to bring the program to this point and development work left in the program." Pfizer said it will be reaching out to Pain Therapeutics "shortly" to have a confidential discussion about the terms of the companies' contractual agreement over the pain drug. Pfizer that it appears there is a regulatory pathway forward for Remoxy, but that the company does not expect to respond to submit a Complete Response letter for Remoxy to the FDA before mid-2015. Pfizer added in its letter to Pain Therapeutics "no final decision has been made at this time" on how it will proceed with the Remoxy development program. Shares of Pain Therapeutics fell 47% to $2.81 in pre-market trading following the disclosure of the correspondence.
07:46 EDTPFEDURECT says additional clinical studies needed for Remoxy
DURECT (DRRX) announced that Pfizer (PFE) has provided an update on Remoxy in a regulatory filing. Pfizer's disclosure included: "We have been working to address the issues raised in the letter, which primarily relate to manufacturing. We met with the FDA in March 2013 to discuss our plan to address the June 2011 "complete response" letter. We received written guidance from the FDA in May regarding required next steps, including additional clinical studies, to address the letter. Based on this guidance, we are considering our options with respect to Remoxy. If we elect to continue development of Remoxy, we would not expect to submit a response to the 'complete response' letter before mid-2015." DURECT said it understands from Pfizer that additional clinical studies are necessary and include, in part, a pivotal bioequivalence study with the modified formulation to bridge to the clinical data conducted with the original formulation, as well as an abuse potential study with the modified Remoxy formulation. Remoxy is based on DURECT's ORADUR technology. Shares of Pfizer's Remoxy partner Pain Therapeutics (PTIE) are down 56% in pre-market trading, while shares of DURECT are down 13%, or 20c, to $1.39.
May 9, 2013
10:17 EDTPFE, BMYShire trades higher in London amid takeover chatter, Guardian says
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May 8, 2013
10:33 EDTBMY, PFEBristol-Myers, Pfizer announced results from ARISTOTLE trial subanalysis
Bristol-Myers (BMY) and Pfizer (PFE) announced yesterday that results from a prespecified subanalysis of the ARISTOTLE trial were published in Circulation, the peer-reviewed journal of the American Heart Association. Results from the subanalysis showed that the reductions in stroke or systemic embolism, number of major bleeding events and mortality demonstrated with Eliquis compared to warfarin in the ARISTOTLE trial were consistent across subgroups defined based on levels of International Normalized Ratio control in patients with nonvalvular atrial fibrillation. This story corrects a headline from yesterday.
May 7, 2013
12:32 EDTPFEHigh option volume stocks: ALDW BC NMM PFE AEP
08:09 EDTPFEAccelrys, Pfizer extend agremeent for global deployment of Lifecycle software
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