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Stock Market & Financial Investment News

News For AZN From The Last 14 Days
Check below for free stories on AZN the last two weeks.
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June 18, 2013
12:32 EDTAZNAstraZeneca CEO says turnaround to take three or four years, Reuters reports
It will likely take three or four years for AstraZeneca's turnaround efforts to bear fruit, the company's CEO, Pascal Soriot, said today, according to Reuters. Reference Link
08:37 EDTAZNDrug companies turn to microchips to test medicines, WSJ reports
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07:22 EDTAZNCitigroup to host a conference
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June 17, 2013
07:28 EDTAZNCambridge Healthtech Institute to host a conference
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June 14, 2013
09:03 EDTAZNBristol-Myers, AstraZeneca to present 33 abstracts at ADA Scientific Sessions
AstraZeneca (AZN) and Bristol-Myers Squibb (BMY) announced that 33 abstracts on the companies’ research in diabetes have been accepted for presentation at the 73rd Scientific Sessions of the American Diabetes Association in Chicago, June 21-25. The data include studies from five marketed products as well as dapagliflozin, an investigational compound in the U.S., currently approved for use in the European Union, Australia, New Zealand and Mexico. Key presentations include: the first presentation of Phase IIa pilot data exploring the use of dapagliflozin in adult patients with type 1 diabetes; four-year data examining the durability of dapagliflozin vs. glipizide as add-on therapies in patients with type 2 diabetes inadequately controlled on metformin; study evaluating the efficacy and tolerability of saxagliptin in patients with type 2 diabetes and a history of cardiovascular disease; three-year data from a study examining the effect of exenatide once weekly on sustained glycemic control and weight compared with insulin glargine; and Phase IV study examining glycemic control, weight, and hypoglycemia with exenatide compared to mealtime administration of rapid-acting analog insulin.
June 13, 2013
07:32 EDTAZNEuropean League Against Rheumatism to host annual meeting
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June 12, 2013
13:15 EDTAZNBristol-Myers, AstraZeneca issue statement on review of some therapies
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09:13 EDTAZNAmgen, AstraZeneca to advance brodalumab into Phase 3 studies
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June 11, 2013
10:56 EDTAZNAstraZeneca to bid for Israeli biotech incubator, Globes reports
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June 10, 2013
05:25 EDTAZNAstraZeneca acquires Pearl Therapeutics for up to $1.15B
AstraZeneca announced that it has entered into a definitive agreement to acquire Pearl Therapeutics, a privately held company based in Redwood City, California, focused on the development of inhaled small-molecule therapeutics for respiratory disease. Under the terms of the agreement, AstraZeneca will acquire 100% of Pearl's shares for initial consideration of $560M payable on completion. In addition, deferred consideration of up to $450M becomes payable if specified development and regulatory milestones in respect of any triple combination therapies and selected future products that AstraZeneca develops using Pearl's technology platform are achieved. Sales-related payments of up to a further $140M are payable if pre-agreed cumulative sales thresholds are exceeded resulting in a total potential acquisition cost of up to $1.15B. The proposed transaction is subject to customary regulatory approvals and is expected to close in the Q3 of 2013. The acquisition of Pearl Therapeutics has no impact on AstraZeneca's financial guidance for 2013.
June 6, 2013
07:01 EDTAZNIsis Pharmaceuticals earns $6M payment from AstraZeneca
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