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Stock Market & Financial Investment News

News Breaks
September 19, 2013
10:36 EDTRHHBY, BAYRYRoche opts not to pursue sale of diabetes device unit, Reuters says
Roche (RHHBY) which had in the past few months considered selling its blood glucose meter business, has decided against putting it up for sale, according to Reuters, citing two people familiar with the matter. The report notes that Bayer (BAYRY) similarly scrapped plans to sell its diabetes device unit this year. Reference Link
News For RHHBY;BAYRY From The Last 14 Days
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October 1, 2014
11:34 EDTBAYRYMerck completes sale of Consumer Care business to Bayer $14.2B
Merck (MRK) said it has completed the previously announced sale of the Merck Consumer Care business to Bayer (BAYRY). Bayer will acquire Merck’s existing over-the-counter business, including the global trademark and prescription rights for CLARITINTM and AFRINTM, for $14.2B or approximately $9B in after-tax proceeds, less customary closing adjustments as well as certain contingent amounts held back that will be payable upon the manufacturing site transfer in Canada and regulatory approvals in Mexico and Korea. In conjunction with this transaction, Merck has also entered into the previously announced worldwide collaboration between the companies to develop and commercialize soluble guanylate cyclase modulators. This collaboration includes Bayer’s ADEMPASTM. The collaboration also includes opt-in rights for other early-stage sGC compounds in development by both companies. Merck will be making an upfront payment of $1B in connection with the sGC collaboration.
September 30, 2014
16:39 EDTRHHBYCMS discloses drug makers' payments to doctors, WSJ says
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12:12 EDTBAYRYOncoMed cancer pipeline expanded with new candidate, says Piper Jaffray
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08:37 EDTBAYRYOncoMed announces advancement small molecule Wnt pathway inhibitor
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07:30 EDTRHHBYSachs Associates to hold a conference
14th Annual Biotech in Europe Forum for Global Partnering and Investment to be held in Basel, Switzerland on September 30-October 1.
September 29, 2014
08:11 EDTRHHBYRoche sees completing InterMune acquisition later today
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05:35 EDTRHHBYExelixis announces positive results from Phase 3 pivotal trial of cobimetinib
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September 28, 2014
12:49 EDTRHHBYRoche announces final survival results from Phase III CLEOPATRA study
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September 25, 2014
11:25 EDTBAYRYBayer said to not plan spin-off of Agrochem unit, Bloomberg reports
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September 24, 2014
10:58 EDTRHHBYRoche to host conference call
Conference call to discuss new clinical data on Roche's oncology products and pipeline that were presented at the European Society for Medical Oncology's Annual Meeting will be held on September 29 at 4 am. Webcast Link
September 23, 2014
09:00 EDTBAYRYBofa/Merill special situations team to hold an analyst/industry conference call
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September 22, 2014
19:23 EDTRHHBYRoche management to meet with JPMorgan
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13:53 EDTRHHBYRoche launches $5.75B bond to back InterMune acquisition, Reuters reports
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05:17 EDTBAYRYRegeneron announces EYLEA injection approved for myopic CNV treatment in Japan
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September 20, 2014
15:43 EDTRHHBYInterMune reports MOU in connection with consolidated Delaware action
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September 19, 2014
07:35 EDTBAYRYZoetis seen as potential Bayer target after split announcement, Bloomberg says
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September 18, 2014
06:20 EDTBAYRYBayer to float MaterialScience as separate company
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