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Stock Market & Financial Investment News

News Breaks
May 16, 2014
08:05 EDTCMRX, MRKChimerix regains worldwide rights to CMX157
Chimerix (CMRX) announced that it has regained the worldwide rights to CMX157, Chimerix's novel lipid acyclic nucleoside phosphonate, from Merck, known as MSD outside the United States and Canada. Following a routine pipeline portfolio assessment, Merck (MRK) made the decision to no longer pursue development of CMX157. The compound is currently being evaluated for future development opportunities; however, Chimerix has no present plans for allocation of current or future resources to the development of CMX157.
News For CMRX;MRK From The Last 14 Days
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October 17, 2014
07:58 EDTMRKDeutsche Bank specialty pharma analyst holds analyst/industry conference call
Specialty Pharmaceuticals Analyst Gilbert provides of preview of The Improved Reduction of Outcomes: Vytorin Efficacy Internal Study (IMPROVE-IT) on an Analyst/Industry conference call to be held on October 17 at 10 am.
October 16, 2014
11:48 EDTCMRXChimerix highlights FDA Ebola authorization, adds potential product candidate
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08:49 EDTCMRXChimerix price target raised to $45 from $27 at William Blair
William Blair raised its price target for Chimerix shares to $45 after the company held a research and development update event. The firm added to its model brincidofovir sales for the treatment of adenovirus and says the opportunity to develop a treatment for Ebola represents potentially substantial upside to its estimates and valuation. The firm reiterates an Outperform rating on Chimerix.
07:08 EDTCMRXChimerix price target raised to $39 from $33 at Cantor
Cantor raised its price target on Chimerix after the company's Brincidofovir drug cut the death rate of patients with Adenovirus in half. The firm thinks the company is on track to file for approval of the drug in early 2016, and it keeps a Buy rating on the shares.
October 15, 2014
12:42 EDTMRKNY AG announces $31M Medicaid settlement with Organon
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10:49 EDTCMRXEbola linked names rise again amid broader market sell-off
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09:57 EDTMRKLeerink biotech analysts hold an analyst/industry conference call
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09:00 EDTCMRXChimerix volatility up, 2nd Texas health-care worker tests positive for Ebola
Chimerix October call option implied volatility is at 147, November is at 107, February is at 95; compared to its 4-week average of 81 according to Track Data, suggesting large price movement as the biopharmaceutical company collaborates with international consortium researching Ebola.
October 14, 2014
11:23 EDTMRKBIND Therapeutics and The Conference Forum hold a conference
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11:19 EDTCMRXNIH says several potential Ebola treatments under development
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10:12 EDTCMRXBioCryst, Chimerix move higher after mention in NIH director blog post
10:10 EDTCMRXNIH director says supporting BioCryst, Chimerix Ebola treatments
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09:04 EDTCMRXChinese company says drug can cure Ebola, Reuters reports
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October 13, 2014
10:23 EDTCMRXChimerix to webcast their R&D presentation
R&D presentation to be held on October 15 at 4:30 pm. Webcast Link
07:37 EDTMRKAmerican Society of Anesthesiologists to hold annual meeting
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07:17 EDTCMRXChimerix volatility elevated, Texas health-care worker tests positive for Ebola
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October 12, 2014
19:26 EDTCMRXPatient being evaluated at Boston hospital for possible Ebola, Boston Globe says
Health officials say that a man that recently traveled to Liberia is being assessed at Beth Israel Deaconess hospital in Boston for the Ebola virus, the Boston Globe says. Drug companies that are working on experimental Ebola treatments include Tekmira (TKMR), Sarepta (SRPT), BioCryst (BCRX), Chimerix (CMRX) and NewLink Genetics (NLNK). Reference Link
19:12 EDTCMRXCDC confirms Texas healthcare worker positive for Ebola
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14:18 EDTCMRXNY's JFK Airport begins Ebola screenings, WSJ says
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12:48 EDTCMRXTexas health-care worker tests positive for Ebola, WSJ says
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