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Stock Market & Financial Investment News

News Breaks
February 21, 2013
08:08 EDTVRXValeant acquires U.S. rights to Targretin from Eisai for $65M
Eisai and Valeant announced that Valeant has acquired U.S. rights for Targretin capsules and Targretin gel 1% from Eisai for $65M upfront, plus potential contingent payments based on certain milestones. As part of the transaction, which takes effect immediately, Eisai has transferred the New Drug Application for Targretin to Valeant, with Valeant assuming responsibilities for all regulatory obligations associated with the product in the United States. Eisai will retain its rights to Targretin outside of the United States and continue to meet the needs of its distribution partners outside of the United States.
News For VRX From The Last 14 Days
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May 24, 2013
16:21 EDTVRXOn The Fly: Closing Wrap
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13:18 EDTVRXOn The Fly: Midday Wrap
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12:33 EDTVRXValeant calls active, near deal to buy Bausch & Lomb
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12:30 EDTVRXValeant near deal to acquire Bausch & Lomb for $9B, WSJ reports
Bausch & Lomb is close to a deal to sell itself to Valeant for $9B in a deal that could be done as early as next week, reports The Wall Street Journal, citing people familiar with the matter. Shares of Valeant are trading sharply higher following the report, up $8.43, or 11.29%, to $83.10.Reference Link
12:08 EDTVRXValeant up 11% after Dow says near deal to buy Bausch & Lomb
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12:07 EDTVRXBausch & Lomb near deal to sell itself to Valeant for around $9B, Dow says
May 17, 2013
14:48 EDTVRXActavis may bid for Warner Chilcott to ward off takeover, Reuters says
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13:56 EDTVRXActavis 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.
May 15, 2013
19:37 EDTVRXNovartis weighing Actavis bid, WSJ reports
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May 14, 2013
17:48 EDTVRXLone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES).
13:55 EDTVRXActavis weighing over $5B bid for Warner Chilcott, snubbed Mylan, Bloomberg says
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