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Stock Market & Financial Investment News

News Breaks
January 28, 2013
16:25 EDTSNTS, MYLSantarus discloses lawsuit against Mylan for patent infringement
Santarus disclosed in a regulatory filing that on January 28, Santarus (SNTS) filed a lawsuit in the U.S. District Court for the District of Delaware against Mylan (MYL) and Mylan Pharmaceuticals for infringement of the patents listed in the Orange Book for Santarus’ prescription product, Fenoglide tablets, 40 mg and 120 mg. Veloxis Pharmaceuticals A/S, licensor of the patents, is joined in the litigation as a co-plaintiff. The lawsuit is in response to an Abbreviated New Drug Application filed by Mylan with the U.S. FDA regarding Mylan’s intent to market generic versions of Fenoglide prior to the 2024 expiration of the two listed patents. The lawsuit was commenced within the 45 days required to automatically stay, or bar, the FDA from approving Mylan’s ANDA for 30 months or until a district court decision that is adverse to the plaintiffs, whichever may occur earlier.
News For SNTS;MYL From The Last 14 Days
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May 21, 2013
07:35 EDTMYLMylan: Appellate Court rules in favor of company in patent infringement case
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May 20, 2013
11:27 EDTMYLAppeals court reverses, remands patent ruling in Sanofi suit against Mylan, Teva
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May 17, 2013
14:48 EDTMYLActavis may bid for Warner Chilcott to ward off takeover, Reuters says
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13:56 EDTMYLActavis 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.
10:36 EDTSNTSLeerink's major/specialty pharma analyst holds analyst/Industry conference call
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07:31 EDTMYLMylan launches generic Tricor tablets
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May 15, 2013
19:37 EDTMYLNovartis weighing Actavis bid, WSJ reports
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17:36 EDTMYLPaulson gives quarterly update on stakes
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11:42 EDTMYLMylan launches generic Zomig tablets
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07:03 EDTMYLMylan highly unlikely to acquire Actavis, says Barclays
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May 14, 2013
13:55 EDTMYLActavis weighing over $5B bid for Warner Chilcott, snubbed Mylan, Bloomberg says
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13:22 EDTMYLActavis turned down $15B takeover bid from Mylan, Bloomberg reports
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May 10, 2013
10:00 EDTMYLOn 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.
09:06 EDTSNTSSantarus 4.25M share Spot Secondary priced at $18.25
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09:00 EDTSNTSSantarus falls 7.3%
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May 9, 2013
16:34 EDTMYLMylan initiated with an Underperform at BMO Capital
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16:02 EDTSNTSSantarus files to sell common stock for Cosmo Technologies, no amount given
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