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Stock Market & Financial Investment News

News Breaks
December 28, 2012
10:36 EDTMYL, TEVAMylan launches generic Nordette 28 tablets
Mylan (MYL) announced that its partner Famy Care Ltd. has received final approval from the FDA for its Abbreviated New Drug Application for Levonorgestrel and Ethinyl Estradiol Tablets USP, 0.15 mg/0.03 mg. This product is the generic version of Teva Branded Pharmaceutical Products' (TEVA) Nordette 28 Tablets, which are indicated for the prevention of pregnancy in women who elect to use this product as a method of contraception. The product will be distributed in the U.S. by Mylan Pharmaceuticals Inc., and the company is shipping product immediately.
News For MYL;TEVA From The Last 14 Days
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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 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
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 13, 2013
09:44 EDTTEVASeveral companies reportedly interested in buying Adcock Ingram, Globes says
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07:49 EDTTEVAFDA decision on Opana a modest positive for Impax, says Leerink
Leerink views the FDA's denial of Endo's (ENDP) Citizen Petition as a modest positive for Impax (IPXL), which it notes is the sole holder of 180 day exclusivity on generic Opana. However, Leerink says upside for Impax will be limited as Actavis (ACT), Sandoz, and Teva (TEVA) have settlements to enter the market starting in June 2013 when Impax's 180-day generic exclusivity expires.
May 10, 2013
10:00 EDTMYL, TEVAOn 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.
May 9, 2013
16:35 EDTTEVATeva initiated with an Outperform at BMO Capital
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16:34 EDTMYLMylan initiated with an Underperform at BMO Capital
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May 8, 2013
12:03 EDTTEVATeva says data demonstrates ovulatory effect of investigational contraceptive
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10:26 EDTTEVAAlexza deal with Teva could be worth $12 per share or more, says Roth Capital
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09:06 EDTTEVAAlexza Pharmaceuticals to host conference call
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08:33 EDTTEVATeva, Alexza announce Teva's license to market Adasuve in the U.S.
Teva Pharmaceuticals USA, a subsidiary of Teva Pharmaceutical (TEVA), and Alexza Pharmaceuticals (ALXA) announced that the companies have entered into an exclusive U.S. license and supply agreement for Adasuve inhalation powder 10 mg for the acute treatment of agitation associated with schizophrenia or bipolar I disorder in adults. Teva will be responsible for all U.S. commercial and clinical activities for Adasuve, including U.S. post-approval clinical studies, and has gained rights to conduct additional clinical trials of Adasuve for potential new indications in neurological disorders. Alexza will be responsible for manufacturing and supplying Adasuve to Teva for commercial sales and clinical trials. Under the terms of the license and supply agreement, Alexza will receive an upfront cash payment of $40M and is eligible to receive up to $195M in additional milestone payments, based upon successful completion of the ADASUVE post-approval studies in the U.S. and achieving net sales targets. In addition, Teva will make tiered, royalty payments based on net commercial sales of Adasuve.
May 7, 2013
11:50 EDTTEVATeva rival receives patent for once a month Copaxone
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May 6, 2013
07:18 EDTTEVAAmerican Congress of Obstetrics and Gynecology to hold annual meeting
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