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Stock Market & Financial Investment News

News Breaks
February 7, 2013
08:43 EDTFLMLFlamel Technologies secures $15M in financing
Deerfield Management announced that it had closed a transaction with Flamel Technologies and two of Flamel's subsidiaries to provide $15M. The objective of the financing is to enable Flamel to continue development programs and regulatory filings related to its internal pipeline of products. Deerfield provided the $15M in return for notes bearing 12.5% interest that amortize over a period from 18 months to 4 years. Deerfield also received a royalty of 1.75% of net sales of certain products being developed by Flamel's U.S. subsidiary, Eclat Pharmaceuticals, and transaction fee. The structure was responsive to Flamel's cash flow requirements and interest in avoiding equity dilution.
News For FLML From The Last 14 Days
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January 22, 2015
06:55 EDTFLMLFlamel Technologies management to meet with SunTrust
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06:54 EDTFLMLFlamel Technologies management to meet with JMP Securities
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January 16, 2015
08:58 EDTFLMLFlamel Technologies price increase positive, says SunTrust
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January 15, 2015
12:26 EDTFLMLOn The Fly: Midday Wrap
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11:20 EDTFLMLFlamel Technologies announces price increase for Bloxiverz
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09:17 EDTFLMLFlamel Technologies weakness creates buying opportunity, says SunTrust
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08:47 EDTFLMLFlamel Technologies price target lowered to $17 from $22 at Roth Capital
Roth Capital cut its price target on Flamel (FLML) after the FDA approved Fresenius Kabi's (FMS) New Drug Application for neostigmine methylsulfate, a drug which Flamel currently markets as Bloxiverz. Roth expects eostigmine to become a two player market, but adds that price increases by Flamel could mitigate the negative impacts on Flamel's growth. The firm keeps a Buy rating on Flamel.
08:43 EDTFLMLFlamel Technologies pullback an overreaction, says Summer Street
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07:36 EDTFLMLFlamel Technologies sell-off yesterday overdone, says Leerink
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January 14, 2015
16:33 EDTFLMLOn The Fly: Closing Wrap
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14:10 EDTFLMLFlamel Technologies weakness a buying opportunity, says SunTrust
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13:17 EDTFLMLFlamel says evaluating options after Kabi's NDA approval
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12:49 EDTFLMLOn The Fly: Midday Wrap
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12:09 EDTFLMLFlamel Technologies plunges after Jazz gets favorable patent ruling
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