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Stock Market & Financial Investment News

News Breaks
March 24, 2014
13:30 EDTTEVA, MYLDistrict Court upholds Mylan's patents on performist inhalation solution
Mylan announced the United States District Court for the Northern District of West Virginia issued a decision upholding the validity of all patents asserted by Mylan, protecting Perforomist Inhalation Solution. Mylan previously sued Teva alleging that Teva's Abbreviated New Drug Application for this product infringed four Mylan patents covering Perforomist. After a full trial, the Court entered a judgment finding infringement of the patents-in-suit, rejecting Teva's defenses, and enjoining Teva from making, using, offering to sell, selling or importing the inhalation product described in Teva's ANDA. The Court's decision also prevents Teva's ANDA, which has yet to receive a tentative approval from the FDA, from receiving final approval prior to expiration of U.S. Patent Nos. 6,667,344; 6,814,953; 7,348,362; and 7,462,645, which cover Perforomist through June 2021.
News For MYL;TEVA From The Last 14 Days
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April 8, 2015
15:27 EDTMYLMylan hasn't made compelling case for Perrigo adding value, says BMO Capital
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15:16 EDTMYLPerrigo not likely interested in a Mylan deal, says BMO Capital
14:23 EDTMYL, TEVAAdditional bidders for Perrigo could emerge after Mylan offer, says Stifel
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13:07 EDTTEVA, MYLMylan bid for Perrigo makes strategic sense, says JPMorgan
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13:03 EDTMYLPerrigo says board will meet to discuss Mylan proposal
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12:37 EDTTEVATeva downgraded to Hold from Buy at Standpoint Research
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12:17 EDTMYLOn The Fly: Midday Wrap
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11:51 EDTMYLPerrigo calls active on Mylan proposal to acquire for $205 per share
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11:45 EDTMYLMylan volatility up after proposes to acquire Perrigo for $205 per share
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11:40 EDTMYLPerrigo up $47.10 to $211.81, trading above Mylan's $205/share proposal
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11:35 EDTMYLGeneric drug maker Akorn up 4% to $49.80 after Myla offers to buy Perrigo
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11:34 EDTMYLGeneric drug maker Akorn up 4% to $49.80 after Myla offers to buy Perrigo
11:32 EDTMYLMylan proposes to acquire Perrigo for $205 per share
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11:31 EDTMYLPerrigo halted for volatility after jumping 7% to $176.42
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11:29 EDTMYLMylan proposes to acquire Perrigo for $205 per share
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07:16 EDTTEVA, MYLMylan one of the cheapest names in Specialty Pharma, says JPMorgan
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April 7, 2015
15:24 EDTTEVATeva price target raised to $75 from $64 at BMO Capital
BMO Capital raised its EPS estimates for Teva (TEVA) and increased its price target on the stock to $75 from $64 on account of the expected launch of a treatment for chorea associated with Huntington’s disease in 3Q16 and a launch of a tardive dyskinesia drug in 3Q17 following the company's deal to buy Auspex (ASPX). The firm maintains its Outperform rating on Teva shares.
10:19 EDTMYLHigh option volume stocks
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07:32 EDTMYLMylan launches Norethindrone and Ethinyl Estradiol Tablets in U.S.
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April 6, 2015
05:56 EDTTEVATeva battles possible generic Copaxone competitors, Globes reports
A citizen's petition has been filed by Teva with the FDA against possible generic competition to its MS treatment Copaxone beginning in September, Globes reports. The FDA has previously ruled that it was "too early" to discuss the matter. Reference Link
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