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Stock Market & Financial Investment News

News Breaks
February 7, 2013
12:02 EDTMRK, MYLMerck win over Mylan related to Zetia, Vytorin patents upheld on appeal
The U.S. Court of Appeals for the Federal Circuit affirmed a lower court ruling in Merck's (MRK) favor in two jointly related patent infringement suits against Mylan Pharmaceuticals (MYL). The lower court previously found that Merck's patent which covers ezetimibe, an active ingredient in both Zetia and Vytorin, was valid and enforceable. The lower court also issued an injunction blocking the approval of Mylan's generic versions until the expiration of Merck's patent. Reference Link
News For MRK;MYL From The Last 14 Days
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May 21, 2013
18:56 EDTMRKOn The Fly: After Hours Movers
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17:03 EDTMRKMerck announces $5B share repurchase
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17:01 EDTMRKMerck announces $5B accelerated share repurchase
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07:44 EDTMRKSachs Associates to host a forum
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07:35 EDTMYLMylan: Appellate Court rules in favor of company in patent infringement case
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May 20, 2013
17:49 EDTMRKMerck sleep drug effective, dosages questioned, WSJ reports
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11:27 EDTMYLAppeals court reverses, remands patent ruling in Sanofi suit against Mylan, Teva
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07:32 EDTMRKSociety for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24.
May 17, 2013
14:48 EDTMYLActavis may bid for Warner Chilcott to ward off takeover, Reuters says
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13:56 EDTMYLActavis may purchase Warner Chilcott as takeover defense, Reuters reports
Over past few weeks, Actavis (ACT) has "spurned approaches" from Valeant (VRX) and Mylan (MYL), and has instead pursued a bid for Warner Chilcott (WCRX), according to Reuters, citing people familiar with the situation.
07:31 EDTMYLMylan launches generic Tricor tablets
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May 16, 2013
08:55 EDTMRKBofA/Merrill's pharmaceuticals analysts hold analyst/industry conference call
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May 15, 2013
19:37 EDTMYLNovartis weighing Actavis bid, WSJ reports
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17:36 EDTMYLPaulson gives quarterly update on stakes
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11:42 EDTMYLMylan launches generic Zomig tablets
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07:03 EDTMYLMylan highly unlikely to acquire Actavis, says Barclays
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May 14, 2013
17:39 EDTMRKMoody's lowers Merck's guaranteed debt to A1 from Aa3; stable outlook
Moody's Investors Service lowered the long-term ratings of Merck by one notch, including the guaranteed senior unsecured rating to A1 from Aa3 and the non-guaranteed senior unsecured rating to A2 from A1. This action concludes a review for downgrade initiated on May 1, 2013. At the same time, Moody's affirmed Merck's Prime-1 commercial paper rating. The rating outlook is stable.
13:55 EDTMYLActavis weighing over $5B bid for Warner Chilcott, snubbed Mylan, Bloomberg says
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13:22 EDTMYLActavis turned down $15B takeover bid from Mylan, Bloomberg reports
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May 10, 2013
11:48 EDTMRKDrugmakers to face pressure on U.S. prices, Reuters says
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