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Stock Market & Financial Investment News

News Breaks
February 20, 2013
07:06 EDTMRKMerck, Samsung Bioepis enter biosimilars development agreement
Merck and Samsung Bioepis Co., Ltd., entered into an agreement to develop and commercialize multiple pre-specified and undisclosed biosimilar candidates. Under the agreement, Samsung Bioepis will be responsible for preclinical and clinical development, process development and manufacturing, clinical trials and registration. Merck will be responsible for commercialization. Samsung Bioepis will receive an upfront payment from Merck, product supply income and will be eligible for additional payments associated with pre-specified clinical and regulatory milestones. Further financial terms were not disclosed.
News For MRK From The Last 14 Days
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May 22, 2013
18:52 EDTMRKOn The Fly: After Hours Movers
UP AFTER EARNINGS: Hewlett-Packard (HPQ), up 13.4% after reporting second quarter earnings that beat expectations and guiding third quarter and full-year earnings above estimates... Pacific Sunwear (PSUN), up 14.3%. ALSO HIGHER: Merck (MRK), up 0.2% after an FDA advisory panel voted 13-3 in support of the safety of initial doses of its insomnia drug suvorexant. DOWN AFTER EARNINGS: DryShips (DRYS), down 4.7%. ALSO LOWER: Apricus Biosciences (APRI), down 11.5% after filing to sell an ungiven amount of stock... NCI Building Systems (NCS) after being replaced by Cynosure (CYNO) in the S&P 600 as of May 31.
18:32 EDTMRKMerck's suvorexant for insomnia reviewed by FDA advisory committee
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18:06 EDTMRKMerck insomnia drug gets FDA panel backing, WSJ reports
Merck's insomnia drug suvorexant received a favorable 13-3 vote from an FDA panel on the drug's two proposed starting doses, with the panel splitting the vote on the safety of higher doses, reports the Wall Street Journal. Reference Link
16:16 EDTMRKFDA panel votes 13-3 that Merck insomnia drug safe in low doses, Bloomberg says
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16:00 EDTMRKOptions Update; May 22, 2013
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14:52 EDTMRKFDA panel says Merck insomnia drug effective as sleep aid, Bloomberg reports
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09:39 EDTMRKActive equity option families trading
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07:45 EDTMRKFDA Peripheral & Central Nervous System Drugs Advisory Committee holds a meeting
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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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May 20, 2013
17:49 EDTMRKMerck sleep drug effective, dosages questioned, WSJ reports
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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 16, 2013
08:55 EDTMRKBofA/Merrill's pharmaceuticals analysts hold analyst/industry conference call
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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.
May 10, 2013
11:48 EDTMRKDrugmakers to face pressure on U.S. prices, Reuters says
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06:53 EDTMRKGlaxoSmithKline, Merck to discount cancer vaccine in poor nations, NY Times says
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May 9, 2013
07:22 EDTMRKMerck awarded significant portion of UNICEF HPV vaccine tender
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