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News Breaks
April 23, 2014
04:55 EDTESALY, ESALY, PRXL, PRXL, WAG, WAG, COV, COV, PFE, PFE, SNY, SNY, AMGN, AMGN, CPB, CPB, JNJ, JNJ, MYL, MYL, LO, LOFood & Drug Law Institute to hold a conference
2014 FDLI Annual Conference is being held in Washington, D.C. on April 23-24.
News For ESALY;MYL;JNJ;CPB;AMGN;SNY;PFE;COV;WAG;PRXL;LO From The Last 14 Days
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April 8, 2015
11:40 EDTMYLPerrigo up $47.10 to $211.81, trading above Mylan's $205/share proposal
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11:35 EDTMYLGeneric drug maker Akorn up 4% to $49.80 after Myla offers to buy Perrigo
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11:34 EDTMYLGeneric drug maker Akorn up 4% to $49.80 after Myla offers to buy Perrigo
11:32 EDTMYLMylan proposes to acquire Perrigo for $205 per share
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11:31 EDTMYLPerrigo halted for volatility after jumping 7% to $176.42
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11:29 EDTMYLMylan proposes to acquire Perrigo for $205 per share
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09:23 EDTJNJJohnson & Johnson April volatility elevated into Q1 and outlook
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07:24 EDTJNJNeurotechnology Industry Organization to hold a conference
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07:16 EDTMYLMylan one of the cheapest names in Specialty Pharma, says JPMorgan
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April 7, 2015
10:19 EDTMYLHigh option volume stocks
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08:34 EDTCPBCampbell Soup partners with SunPower for 1MW solar array
Campbell Soup (CPB), in partnership with BNB Renewable Energy Holdings and SunPower (SPWR), announced that a 1-megawatt solar array at its Pepperidge Farm bakery in Bloomfield has officially come online. Commercial operation for the solar array, which is generating the equivalent of 15% of the bakeryís annual energy demand, began on Dec. 26, 2014. By 2020, Campbell aims to reduce energy use by 35% per ton of product produced and source at least 40% of the energy used by the company from renewable or alternative energy sources.
08:09 EDTPFEPfizer, Merck KGaA finalize agreement to co-promote XALKORI
Merck KGaA (MKGAY) and Pfizer (PFE) announced the finalization of the co-promotion agreement allowing the companies to co-promote Pfizerís anaplastic lymphoma kinase inhibitor XALKORI. Under the agreement, XALKORI will be co-promoted in two waves, the first of which will begin in the second and third quarters of 2015 in the United States, Canada, Japan and five European Union countries: France, Germany, Italy, Spain and the United Kingdom. In the U.S. and Canada, XALKORI will be co-promoted by EMD Serono, the U.S. and Canadian biopharmaceutical businesses of Merck KGaA. The second wave will begin in 2016 and includes China and Turkey. n 2015, Merck KGaA will receive a reimbursement associated with its promotion of XALKORI, followed by an 80% for Pfizer, 20% for Merck KGaA profit sharing on the product starting in 2016. The co-promotion term will last through December 31, 2020 for the U.S., Canada, Japan, France, Germany, Italy, Spain and the U.K. and from January 1, 2016 through December 31, 2021 in China and Turkey. Pfizer will report the sales of XALKORI in countries where it is co-promoted with Merck KGaA.
07:32 EDTMYLMylan launches Norethindrone and Ethinyl Estradiol Tablets in U.S.
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07:14 EDTPFE, SNYEyeforpharma to hold a summit
Philadelphia 2015 Commercial Pharma Summit is being held in Philadelphia on April 7-8.
07:02 EDTPFEGlycoMimetics updates on Pfizer's plans to initiate Phase 3 Rivipansel trial
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April 6, 2015
14:34 EDTJNJDepomed price target raised to $30 from $27 at Roth Capital
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10:37 EDTPFETargacept says Pfizer terminates research & license agreement with Catalyst
In a regulatory filing from earlier, Targacept (TRGT) said: "As previously reported, on March 5, Targacept, Talos Merger Sub, a Delaware corporation and a wholly owned subsidiary of Targacept and Catalyst Biosciences, entered into an Agreement and Plan of Merger, pursuant to which, among other things, subject to the satisfaction or waiver of the conditions set forth in the Merger Agreement, Merger Sub will merge with and into Catalyst, with Catalyst becoming a wholly owned subsidiary of Targacept and the surviving corporation of the merger. On April 1, Catalyst notified Targacept that Pfizer (PFE) would be exercising its right to terminate in its entirety the June 29, 2009, research and license agreement between Catalyst and Wyeth, which governs the development and commercialization of Catalystís leading human Factor VIIa product candidate for the treatment of hemophilia and surgical bleeding indications. On April 2, Pfizer provided Catalyst with its formal written notice of termination of the research and license agreement. Upon the June 1, effective date of the termination, the license and certain rights under the research and license agreement will terminate and revert to Catalyst. Catalyst has informed Targacept that Pfizer is committed to an orderly transfer of data, regulatory documentation and related technology under the agreement to Catalyst to enable Catalyst to continue the clinical development of this product candidate. Targacept is currently reviewing the implications of this event on the proposed Merger. In morning trading shares of Targacept are down almost 12% to $2.51.
09:36 EDTJNJActive equity options trading on open
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06:21 EDTJNJJohnson & Johnson CEO comments on Asia expansion, WSJ reports
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05:19 EDTAMGNAmgen announces EC approval of Vectibix in combination with Folfiri
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