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Stock Market & Financial Investment News

News Breaks
September 21, 2012
10:49 EDTMYL, NVSMylan launches first generic vesrion of Diovan HCT tablets
Mylan (MYL) announced that its subsidiary Mylan Pharmaceuticals has received final approval from the FDA for its Abbreviated New Drug Application for Valsartan and Hydrochlorothiazide Tablets USP, 80/12.5 mg, 160/12.5 mg, 160/25 mg, 320/12.5 mg and 320/25 mg. This product is the generic version of Novartis' (NVS) Diovan HCT Tablets, which are indicated for the treatment of hypertension, to lower blood pressure in patients not adequately controlled with monotherapy or as initial therapy in patients likely to need multiple drugs to achieve their blood pressure goals
News For MYL;NVS From The Last 14 Days
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May 17, 2013
16:20 EDTNVSNovartis drug Afinitor extended time without disease progression in women
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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
08:11 EDTNVSNovartis says no intention of pursuing Actavis, Bloomberg reports
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May 15, 2013
19:37 EDTMYL, NVSNovartis weighing Actavis bid, WSJ reports
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18:17 EDTNVSNovartis weighs possible bid for Actavis, DJ 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
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
10:00 EDTMYLOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 3D Systems (DDD) initiated with a Buy at Janney Capital... Actavis (ACT) initiated with an Outperform at BMO Capital... Allergan (AGN) initiated with an Outperform at BMO Capital... Emeritus (ESC) initiated with an Outperform at Wells Fargo... Ensign Group (ENSG) initiated with a Market Perform at Wells Fargo... Forest Labs (FRX) initiated with an Underperform at BMO Capital... J2 Global (JCOM) initiated with an Outperform at Wedbush... Mylan (MYL) initiated with an Underperform at BMO Capital... Splunk (SPLK) initiated with a Market Perform at FBR Capital... Teva (TEVA) initiated with an Outperform at BMO Capital... Workday (WDAY) initiated with an Outperform at Oppenheimer... Nuance (NUAN) initiated with an Outperform at Wedbush... Demandware (DWRE) initiated with an Outperform at Wedbush... Synchronoss (SNCR) initiated with an Outperform at Wedbush... Trius Therapeutics (TSRX) initiated with a Buy at Guggenheim... Proto Labs (PRLB) initiated with a Buy at Janney Capital... Stratasys (SSYS) initiated with a Buy at Janney Capital.
05:42 EDTNVSNovartis drug Ilaris approved by FDA
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May 9, 2013
16:34 EDTMYLMylan initiated with an Underperform at BMO Capital
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May 6, 2013
16:23 EDTNVSArray to start first company-led Phase 3 trial with MEK162
Array (ARRY) announced the planned start of its first company-led Phase 3 trial with MEK162 in low-grade serous ovarian cancer. This is the third MEK162 pivotal trial that is expected to initiate in 2013 and one of five pivotal trials Array expects to begin in 2013 on Array-invented products. Novartis (NVS), who is co-developing MEK162 with Array, previously stated that Phase 3 trials in NRAS-mutant melanoma and BRAF-mutant melanoma are expected to start this year and AstraZeneca has announced its plans to initiate two registration trials with selumetinib, a MEK inhibitor invente (AZN) d by Array, in KRAS-mutant non-small cell lung cancer and in thyroid cancer. Array also recently released initial data on its wholly-owned hematology drug, ARRY-520, from a combination trial with VelcadeŽ (bortezomib) in patients with relapsed or refractory multiple myeloma (MM), showing that the drug was generally well-tolerated and showed initial signs of activity in this heavily pretreated population.

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