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News For MEDI;PFE;CELG;PRXL;ACOR;NPSP;ALKS;AZN;TEVA From The Last 14 Days
Check below for free stories on MEDI;PFE;CELG;PRXL;ACOR;NPSP;ALKS;AZN;TEVA the last two weeks.
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June 11, 2013
05:50 EDTTEVAU.S. to now comply with ruling on morning-after pill, WSJ reports
In a reversal, the U.S. government said it would allow emergency contraceptive Plan B to be sold in drugstores without restrictions and would end an appeal in a long-running court case, reports the Wall Street Journal. Reference Link
June 10, 2013
07:40 EDTCELG, PFELeerink's biotech analyst holds analyst/industry conference call on ASCO
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07:20 EDTPFE, TEVABiomed to host a conference
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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 7, 2013
09:33 EDTCELGCelgene management to meet with Lazard Capital
Meeting to be held in Zurich on June 14 hosted by Lazard Capital.
June 6, 2013
08:30 EDTTEVAFederal appeals court orders access to contraceptive, WSJ reports
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07:33 EDTTEVATeva Laquinimod could become $1B franchise, says Bernstein
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07:01 EDTAZNIsis Pharmaceuticals earns $6M payment from AstraZeneca
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06:19 EDTCELGCelgene implied volatility at upper end of index mean range
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