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News Breaks
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January 10, 2012
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| 14:07 EDT |  | HSP |
| theflyonthewall.com: | Hospira 483 likely to extend overhang on shares, says Citigroup | | Citigroup believes the main takeaway from Hospira's conference presentation is the newly-issued 483 for the company's McPherson, KS facility. Citi thinks the 483 is likely to extend the timing of the main overhang on shares - the view that the FDA will pursue a consent decree. The firm notes that McPherson generates 12% of Hospira's net sales. Citi keeps a Neutral rating on the stock. :theflyonthewall.com |
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May 25, 2012
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| 06:07 EDT |  | HSP |
| theflyonthewall.com: | Theravance to transfer certain technology related to VIBATIV to Hospira | | On May 22, Theravance (THRX) signed a Technology Transfer and Supply Agreement with Hospira Worldwide (HSP). The Agreement provides for the Company to transfer certain manufacturing technology to Hospira related to its VIBATIV drug product, and make technology transfer payments to Hospira as Hospira undertakes and completes technology transfer and validation activities. Once regulatory approval for Hospira to manufacture VIBATIV has been obtained, Hospira will manufacture and sell VIBATIV to the Company pursuant to the Agreement. The Agreement has a five-year term, subject to earlier termination following bankruptcy, uncured breaches or inability to perform. Theravance has agreed, subject to certain conditions and exceptions, to purchase from Hospira more than a majority of its VIBATIV 750 mg dosage form requirements during the term. :theflyonthewall.com |
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May 14, 2012
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| 06:22 EDT | | HSP |
| | 06:20 EDT | | HSP |
| theflyonthewall.com: | Hospira initiating recall of Hydrochloride Injection lot, FDA says | | The FDA announced on Saturday that Hospira is initiating a voluntary user level recall of one lot of Hydromorphone Injection due to two reported complaints of a single Carpuject containing more than the 1 mL labeled fill volume. Opioid pain medications such as Hydromorphone have life-threatening consequences if overdosed, the FDA warned. Reference Link :theflyonthewall.com |
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