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Stock Market & Financial Investment News

News Breaks
January 30, 2012
08:16 EDTLCI, WPI
theflyonthewall.com: Lannett receives FDA approval for Hydrochlorothiazide Capsules, 12.5mg
Lannett Company (LCI) announced it has received approval from the FDA of its Abbreviated New Drug Application for Hydrochlorothiazide Capsules, 12.5 mg. Hydrochlorothiazide Capsules, 12.5 mg, is therapeutically equivalent to the reference listed drug, Microzide Capsules, 12.5 mg, of Watson Pharmaceuticals (WPI). Sales of Hydrochlorothiazide Capsules, 12.5 mg, at Average Wholesale Price were approximately $204M for the 12 months ending October 2011, according to Wolters Kluwer. Shipping is expected to commence shortly. :theflyonthewall.com



News For LCI;WPI From The Last 14 Days
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May 24, 2012
16:09 EDTWPI
theflyonthewall.com: Watson confirms Testim patent challenge, Paragraph IV litigation underway
Watson Pharmaceuticals (WPI) confirmed that its subsidiary, Watson Laboratories, Inc., filed an Abbreviated New Drug Application with the U.S. Food and Drug Administration seeking approval to market Testosterone Gel, 1%. Watson's 1% testosterone gel product is a generic version of Auxilium Pharmaceuticals' (AUXL) Testim® 1%. Testim®1% is indicated for testosterone replacement therapy in males for conditions associated with a deficiency or absence of endogenous testosterone. Auxilium and FCB I LLC filed suit against Watson on May 23 in the United States District Court for the District of New Jersey seeking to prevent Watson from commercializing its 1% testosterone gel product prior to the expiration of certain U.S. patents. The lawsuit was filed under the provisions of the Hatch-Waxman Act, resulting in a stay of final FDA approval of Watson's ANDA for up to 30 months from the date the plaintiffs received notice of Watson's ANDA filing or until final resolution of the matter before the court, whichever occurs sooner, subject to any other exclusivities. :theflyonthewall.com
10:29 EDTWPI
theflyonthewall.com: On The Fly: Analyst Upgrade Summary

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05:59 EDTWPI
theflyonthewall.com: Watson upgraded to Outperform from Market Perform at Wells Fargo

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May 17, 2012
08:57 EDTWPI
theflyonthewall.com: Watson Pharmaceuticals remains a Top Pick at Buckingham

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