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Stock Market & Financial Investment News

News Breaks
February 4, 2013
12:27 EDTJNJFDA says approval of generic Doxil expected to help resolve shortage
The U.S. Food and Drug Administration announced it approved the first generic version of the cancer drug Doxil, which is currently on the FDA’s drug shortage list. The generic is made by Sun Pharma Global FZE and will be available in 20 milligram and 50 milligram vials. In February 2012, to address the shortage of doxorubicin hydrochloride liposome injection, the FDA announced it would exercise enforcement discretion for temporary controlled importation of Lipodox, an alternative to Doxil produced by Sun and its authorized distributor, Caraco Pharmaceutical Laboratories that is not approved in the United States. Enforcement discretion was also used to release one lot of Janssen’s Doxil made under an unapproved manufacturing process. Janssen is a unit of Johnson & Johnson (JNJ).
News For JNJ From The Last 14 Days
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May 17, 2013
06:19 EDTJNJJ&J to end sales of of metal-on-metal hip replacements, Bloomberg reports
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May 15, 2013
16:51 EDTJNJFDA approves Simponi to treat ulcerative colitis
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May 10, 2013
11:48 EDTJNJDrugmakers to face pressure on U.S. prices, Reuters says
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06:16 EDTJNJObesity surgery booming in India, Bloomberg reports
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May 9, 2013
17:09 EDTJNJJohnson & Johnson deal to settle sales practices probe stalls, WSJ reports
Johnson & Johnson's $2.2B settlement with the Justice Department related to its promotion of certain drugs is on hold as the company is looking to avoid language in the agreement that could make it vulnerable to private lawsuits, reports The Wall Street Journal, citing people familiar with the talks. Reference Link
09:51 EDTJNJJ&J unit says first patient enrolled in reMARQable study
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May 8, 2013
07:38 EDTJNJBofA/Merrill's medical tech analyst hold an analyst/industry conference call
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May 6, 2013
11:29 EDTJNJJ&J cosmetics license revoked at Mumbai plant, Reuters says
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07:24 EDTJNJDrug companies attempt to make painkillers that can't be abused, WSJ reports
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