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Stock Market & Financial Investment News

News Breaks
January 29, 2013
07:01 EDTSHPGShire price target range raised to $114-$115 at Leerink
Leerink raised its price target range for Shire shares to $114-$115 from $103-$104 citing strong demand for Firazyr in hereditary angioedema and increased estimates for Vyvanse in ADHD. The firm keeps an Outperform rating on the stock.
News For SHPG From The Last 14 Days
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May 14, 2013
07:24 EDTSHPGEBD Group to host a conference
BioTrinity 2013 is being held in Newbury, England on May 14-16.
May 10, 2013
10:00 EDTSHPGOn The Fly: Analyst Downgrade Summary
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05:42 EDTSHPGShire downgraded to Neutral from Overweight at JPMorgan
May 9, 2013
12:24 EDTSHPGShire unit wins patent trial against Watson regarding LIALDA
Shire (SHPG), announces that its subsidiary, Shire Development, has prevailed in its litigation against Watson Pharmaceuticals, Watson Laboratories-Florida, Watson Pharma. and Watson Laboratories in connection with their Abbreviated New Drug Application for a generic version of Shire's LIALDA delayed release tablets for the induction of remission in adults with active, mild to moderate ulcerative colitis and for the maintenance of remission of ulcerative colitis. Following a five day bench trial in the Southern District of Florida, Judge Middlebrooks issued a ruling upholding the validity of the patent covering LIALDA, US Patent No. 6,773,720, and holding that the proposed ANDA formulation infringes the claims of that patent. Accordingly, Judge Middlebrooks confirmed that Shire is entitled to an injunction, which he will issue separately, which prohibits the FDA from approving the ANDA formulation until the expiration of the '720 patent.
10:17 EDTSHPGShire trades higher in London amid takeover chatter, Guardian says
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