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Stock Market & Financial Investment News

News Breaks
June 20, 2014
17:58 EDTCBSTCubist receives FDA approval for MRSA antibiotic Sivextro
The FDA approved Sivextro, a new antibacterial drug, to treat adults with skin infections. Sivextro is approved to treat patients with acute bacterial skin and skin structure infections, or ABSSSI, caused by certain susceptible bacteria, including Staphylococcus aureus, including methicillin-resistant strains, and methicillin-susceptible strains, various Streptococcus species, and Enterococcus faecalis. Sivextro is available for intravenous and oral use. Sivextro is the second new antibacterial drug approved by the FDA in the past month to treat ABSSSI. Sivextro is marketed by Cubist Pharmaceuticals. Reference Link
News For CBST From The Last 14 Days
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August 18, 2014
11:41 EDTCBSTCubist rises after report sparks takeover interest speculation
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09:43 EDTCBSTCubist may receive takeover interest, Bloomberg reports
Cubist Pharmaceuticals' (CBST) focus on bacterial infections could attract takeover interest, Bloomberg reports in its Real M&A column. Reference Link
August 8, 2014
17:49 EDTCBSTCubist issues voluntary nationwide recall of nine lots of CUBICIN
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