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Stock Market & Financial Investment News

News Breaks
November 28, 2012
08:10 EDTRNN, TEVARexahn Pharmaceuticals says Teva will invest $750K per agreements
Rexahn Pharmaceuticals (RNN) announced that Teva (TEVA) will provide an additional funding to Rexahn pursuant to the terms of its agreements with Teva. Pursuant to the agreement, Teva will invest $750,000 to purchase Rexahn’s common stock at 120% of closing price of common stock on the last trading day preceding the closing. This will complete the third closing agreed to by the parties in the Securities Purchase Agreement. Teva has agreed to commit additional research funding for development of RX-3117. Under a new amendment to the Research and Exclusive License Option Agreement, Teva will have the right to file the IND for RX-3117 with the FDA.
News For RNN;TEVA From The Last 14 Days
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May 20, 2013
11:27 EDTTEVAAppeals court reverses, remands patent ruling in Sanofi suit against Mylan, Teva
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May 13, 2013
09:44 EDTTEVASeveral companies reportedly interested in buying Adcock Ingram, Globes says
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07:49 EDTTEVAFDA decision on Opana a modest positive for Impax, says Leerink
Leerink views the FDA's denial of Endo's (ENDP) Citizen Petition as a modest positive for Impax (IPXL), which it notes is the sole holder of 180 day exclusivity on generic Opana. However, Leerink says upside for Impax will be limited as Actavis (ACT), Sandoz, and Teva (TEVA) have settlements to enter the market starting in June 2013 when Impax's 180-day generic exclusivity expires.
May 10, 2013
10:00 EDTTEVAOn 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.
May 9, 2013
16:35 EDTTEVATeva initiated with an Outperform at BMO Capital
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May 8, 2013
12:03 EDTTEVATeva says data demonstrates ovulatory effect of investigational contraceptive
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10:26 EDTTEVAAlexza deal with Teva could be worth $12 per share or more, says Roth Capital
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09:06 EDTTEVAAlexza Pharmaceuticals to host conference call
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08:33 EDTTEVATeva, Alexza announce Teva's license to market Adasuve in the U.S.
Teva Pharmaceuticals USA, a subsidiary of Teva Pharmaceutical (TEVA), and Alexza Pharmaceuticals (ALXA) announced that the companies have entered into an exclusive U.S. license and supply agreement for Adasuve inhalation powder 10 mg for the acute treatment of agitation associated with schizophrenia or bipolar I disorder in adults. Teva will be responsible for all U.S. commercial and clinical activities for Adasuve, including U.S. post-approval clinical studies, and has gained rights to conduct additional clinical trials of Adasuve for potential new indications in neurological disorders. Alexza will be responsible for manufacturing and supplying Adasuve to Teva for commercial sales and clinical trials. Under the terms of the license and supply agreement, Alexza will receive an upfront cash payment of $40M and is eligible to receive up to $195M in additional milestone payments, based upon successful completion of the ADASUVE post-approval studies in the U.S. and achieving net sales targets. In addition, Teva will make tiered, royalty payments based on net commercial sales of Adasuve.
May 7, 2013
11:50 EDTTEVATeva rival receives patent for once a month Copaxone
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