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Stock Market & Financial Investment News

News Breaks
May 13, 2014
05:51 EDTMRKMerck signs sale agreement for ophthalmology products in EU, Asia Pacific markets
Merck announced that it signed an agreement for Santen Pharmaceutical to purchase Merck’s ophthalmology products, COSOPT, COSOPT PF 2%/0.5%, TRUSOPT sterile ophthalmic solution 2%, TRUSOPT PF preservative-free, TIMOPTIC, TIMOPTIC PF, TIMOPTIC XE, SAFLUTAN and TAPTIQOM in Japan and key markets in Europe and Asia Pacific. Santen will make an upfront payment of approximately $600M and additional payments based on defined sales milestones as needed. The annual sales of these ophthalmology products in the markets within the scope of the agreement are approximately $400M. Santen will also purchase supply of the ophthalmology products covered by this agreement from Merck for a two- to five-year period. The agreement is subject to certain closing conditions, including obtaining antitrust clearance in Japan and other closing conditions related to specific markets or regions. The agreement is expected to close in most markets in a few months.
News For MRK From The Last 14 Days
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October 24, 2014
13:35 EDTMRKMerck weekly volatility elevated into Q3 and outlook
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October 22, 2014
07:35 EDTMRKCardiometabolic Health Congress to hold annual meeting
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October 20, 2014
08:06 EDTMRKMerck, Sanofi unit announce pediatric hexavalent vaccine BLA
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07:34 EDTMRKAdvaxis names Mauro Chief Medical Officer
Advaxis (ADXS) announced that it has appointed David Mauro, as executive vice president, Chief Medical Officer Mauro most recently served as executive director, section head oncology clinical development at Merck (MRK). In connection with his appointment, Mauro received a one-time inducement award of 165K restricted shares, of which 55K are fully vested and as of the grant date. The remaining shares vest annually over a two-year period.
07:19 EDTMRKIBC Life Sciences to hold a conference
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07:11 EDTMRKAmerican Society for Reproductive Medicine to hold annual meeting
2014 Annual Meeting of ASRM is being held in Honolulu on October 18-22.
October 17, 2014
07:58 EDTMRKDeutsche Bank specialty pharma analyst holds analyst/industry conference call
Specialty Pharmaceuticals Analyst Gilbert provides of preview of The Improved Reduction of Outcomes: Vytorin Efficacy Internal Study (IMPROVE-IT) on an Analyst/Industry conference call to be held on October 17 at 10 am.
October 15, 2014
12:42 EDTMRKNY AG announces $31M Medicaid settlement with Organon
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09:57 EDTMRKLeerink biotech analysts hold an analyst/industry conference call
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October 14, 2014
11:23 EDTMRKBIND Therapeutics and The Conference Forum hold a conference
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October 13, 2014
07:37 EDTMRKAmerican Society of Anesthesiologists to hold annual meeting
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