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Stock Market & Financial Investment News

News Breaks
July 24, 2014
12:56 EDTPRGO, ABBVPerrigo confirms AB therapeutic equivalent rating for testosterone gel 1.0%
Perrigo Company (PRGO) announced that it has received an AB therapeutic equivalent rating from the U.S. Food and Drug Administration for its previously approved New Drug Application for testosterone gel 1.0%. FDA concluded that Perrigo's testosterone product is therapeutically equivalent to AndroGel 1% (ABBV) and can be substituted with the full expectation that it will produce the same clinical effect and safety profile as AndroGel 1% when used under the conditions specified in the labeling. Other companies that have submitted NDAs referencing AndroGel 1.0% have failed to achieve the AB rating.
News For PRGO;ABBV From The Last 14 Days
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November 24, 2014
07:57 EDTPRGOPerrigo confirms first to file patent challenge for generic version of Aveed
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07:53 EDTPRGOPerrigo announces launch of generic version of Astellas' Protopic ointment
Perrigo announced that it has agreed to market the authorized generic version of Astellas U.S. LLC's' Protopic Ointment 0.1% and 0.03%. Shipments to our pharmacy customers have commenced. Protopic Ointment is indicated to treat moderate to severe eczema. Brand sales were approximately $176M over the last 52 weeks according to Symphony Health Solutions.
November 21, 2014
14:17 EDTPRGOPerrigo price target raised to $184 from $175 at CRT Capital
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10:20 EDTPRGOHigh option volume stocks
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08:10 EDTABBVEnanta says CHMP grants positive opinions of AbbVie's Viekirax + Exviera
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08:05 EDTABBVCHMP grants positive opinions of VIEKIRAX/EXVIERA combo for Hep C
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07:47 EDTABBVAbbVie price target raised to $72 from $65 at Morgan Stanley
Morgan Stanley raised AbbVie's price target to $72 based on greater Humira durability of U.S. revenues. The firm believes branded Humira rebates will make it more difficult for biosimilars to gain traction. The firm rates shares an Outperform.
November 20, 2014
20:07 EDTPRGOPerrigo 5.92M share Secondary priced at $152.00
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10:33 EDTPRGOHigh option volume stocks
High option volume stocks: KBR LM PRGO CHRW DG ZMH LGF ZTS OSIR REGI
06:56 EDTPRGOPerrigo files to sell $900M in ordinary shares
Perrigo intends to use the net proceeds of the offering, together with the proceeds of other financing sources, to fund the cash consideration for its proposed acquisition of Omega Pharma Invest NV and to repay or refinance certain indebtedness of Perrigo and/or Omega. If the Acquisition is not consummated, then the net proceeds of the offering will be used for general corporate purposes. J.P. Morgan, Barclays and BofA Merrill Lynch are the joint book-running managers in the offering.
06:56 EDTPRGOPerrigo files automatic mixed securities shelf
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November 19, 2014
07:52 EDTABBVInforma Business Information to hold a conference
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07:09 EDTABBVJefferies to hold a conference
2014 Global London Healthcare Conference is being held in London, England on November 19-20.
November 18, 2014
06:39 EDTABBVAstraZeneca: 'Hard to comment' on whether Pfizer will come back, Reuters reports
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November 17, 2014
09:24 EDTABBVAbbVie to present data on investigational oncology compounds at ASH
AbbVie announced it will present data evaluating three investigational compounds from the company's oncology pipeline at the upcoming 56th American Society of Hematology Annual Meeting, or ASH, December 6-9. Data will be highlighted in 13 accepted abstracts, including several oral presentations detailing new trial results from the venetoclax program in acute myelogenous leukemia, elotuzumab in multiple myeloma, and duvelisib in patients with chronic lymphocytic leukemia and indolent non-Hodgkin's lymphoma. Meeting abstracts are available at the ASH website, the company said.

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