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Stock Market & Financial Investment News

News For MYL From The Last 14 Days
Check below for free stories on MYL the last two weeks.
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June 19, 2013
07:51 EDTMYLEC fines Ranbaxy, others for blocking cheaper drugs, Economic Times reports
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June 18, 2013
08:36 EDTMYLElan shares could be worh $19 in a buyout, says Jefferies
Jefferies raised its price target for shares of Elan (ELN) to $19 from $14, reflecting what it sees as the value of the company in a takeout scenario. The firm says Elan management suggested they would be open to sale in the $15-$20 per share range. Jefferies believes a high taxpaying suitor could pay the upper end of that range, and lists Allergan (AGN), Regeneron (REGN), Vertex (VRTX), Alexion (ALXN), Zoetis (ZTS), Mylan (MYL) and Perrigo (PRGO) as potential acquirers for Elan. Shares of Elan are up 13c to $13.62 in pre-market trading after Royalty Pharma announced that its buyout proposal for the company has expired.
June 17, 2013
13:20 EDTMYLSupreme Court rules generic drug makers can be sued over 'pay to delay'
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11:54 EDTMYLSupreme Court ruling a modest negative for generics, says Leerink
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08:36 EDTMYLInSite Vision to join Merck, Pfizer patent suit against Mylan
InSite Vision (INSV) announced that it will join Merck (MRK) and Pfizer (PFE) in filing a patent infringement lawsuit against Mylan Pharmaceuticals (MYL). Mylan recently filed an Abbreviated New Drug Application with the U.S. Food and Drug Administration seeking to market a generic version of AzaSite before expiration of the patents covering AzaSite and its use. AzaSite is marketed by Merck in the U.S. On May 26, 2011, InSite and Merck filed a similar patent infringement lawsuit against Sandoz. A trial date for the Sandoz ANDA suit has been set for July 11, 2013. The companies have agreed that Merck will take the lead in prosecuting both lawsuits. Each company will be responsible for their own legal costs, with InSite assuming a monitoring role, the company said.
June 13, 2013
17:23 EDTMYLMylan files automatic mixed securities shelf
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June 12, 2013
13:47 EDTMYLMylan sees buying back stock in near future, Bloomberg says
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13:31 EDTMYLMylan could be interested in generic assets split from Pfizer, Bloomberg says
13:28 EDTMYLMylan chairman said explored possible Hospira deal Bloomberg says
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