News Breaks |
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| January 14, 2013 |
| 12:42 EDT |  | PFE, MYL, NVS, FMS | Sources: Pfizer considering purchase of Strides Arcolab unit, Bloomberg reports
Three people with knowledge of the situation say Pfizer (PFE) is considering buying Agila Specialties, the injectable-medicines unit of Strides Arcolab, Bloomberg reports. The unit, which has also drawn interest from Mylan (MYL), Novartis (NVS) and Fresenius (FMS), could be valued at around $2B. Reference Link |
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News For PFE;MYL;NVS;FMS From The Last 14 Days Check below for free stories on PFE;MYL;NVS;FMS the last two weeks. |
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| May 17, 2013 |
| 16:20 EDT |  | NVS | Novartis drug Afinitor extended time without disease progression in women
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| 14:48 EDT | | MYL | Actavis may bid for Warner Chilcott to ward off takeover, Reuters says
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| 13:56 EDT | | MYL | Actavis 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. |
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| 07:31 EDT | | MYL | Mylan launches generic Tricor tablets
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| May 16, 2013 |
| 08:55 EDT |  | PFE | BofA/Merrill's pharmaceuticals analysts hold analyst/industry conference call
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| 08:11 EDT | | NVS | Novartis says no intention of pursuing Actavis, Bloomberg reports
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| May 15, 2013 |
| 19:37 EDT | | NVS, MYL | Novartis weighing Actavis bid, WSJ reports
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| 18:17 EDT | | NVS | Novartis weighs possible bid for Actavis, DJ reports
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| 17:36 EDT | | MYL | Paulson gives quarterly update on stakes
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| 11:42 EDT | | MYL | Mylan launches generic Zomig tablets
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| 07:03 EDT |  | MYL | Mylan highly unlikely to acquire Actavis, says Barclays
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| May 14, 2013 |
| 13:55 EDT | | MYL | Actavis weighing over $5B bid for Warner Chilcott, snubbed Mylan, Bloomberg says
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| 13:22 EDT | | MYL | Actavis turned down $15B takeover bid from Mylan, Bloomberg reports
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| May 10, 2013 |
| 16:29 EDT |  | PFE | On The Fly: Closing Wrap
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| 12:31 EDT | | PFE | On The Fly: Midday Wrap
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| 11:48 EDT | | PFE | Drugmakers to face pressure on U.S. prices, Reuters says
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| 10:00 EDT |  | MYL | On 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. |
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| 09:21 EDT | | PFE | On The Fly: Pre-market Movers
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| 08:08 EDT | | PFE | Pain Therapeutics discloses Pfizer reassessing continued Remoxy partnership
Pain Therapeutics (PTIE) disclosed a letter its CEO was sent from partner Pfizer (PFE) in which the drug maker said it is reassessing its endorsement of the Remoxy program "given the years of delay, additional cost incurred to bring the program to this point and development work left in the program." Pfizer said it will be reaching out to Pain Therapeutics "shortly" to have a confidential discussion about the terms of the companies' contractual agreement over the pain drug. Pfizer that it appears there is a regulatory pathway forward for Remoxy, but that the company does not expect to respond to submit a Complete Response letter for Remoxy to the FDA before mid-2015. Pfizer added in its letter to Pain Therapeutics "no final decision has been made at this time" on how it will proceed with the Remoxy development program. Shares of Pain Therapeutics fell 47% to $2.81 in pre-market trading following the disclosure of the correspondence. |
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| 07:46 EDT | | PFE | DURECT says additional clinical studies needed for Remoxy
DURECT (DRRX) announced that Pfizer (PFE) has provided an update on Remoxy in a regulatory filing. Pfizer's disclosure included: "We have been working to address the issues raised in the letter, which primarily relate to manufacturing. We met with the FDA in March 2013 to discuss our plan to address the June 2011 "complete response" letter. We received written guidance from the FDA in May regarding required next steps, including additional clinical studies, to address the letter. Based on this guidance, we are considering our options with respect to Remoxy. If we elect to continue development of Remoxy, we would not expect to submit a response to the 'complete response' letter before mid-2015." DURECT said it understands from Pfizer that additional clinical studies are necessary and include, in part, a pivotal bioequivalence study with the modified formulation to bridge to the clinical data conducted with the original formulation, as well as an abuse potential study with the modified Remoxy formulation. Remoxy is based on DURECT's ORADUR technology. Shares of Pfizer's Remoxy partner Pain Therapeutics (PTIE) are down 56% in pre-market trading, while shares of DURECT are down 13%, or 20c, to $1.39. |
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