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Certriad Development Discontinued - Analyst Blog
Thursday, December 23, 2010 - 9:30am | 425Abbott Labs (ABT) and AstraZeneca (AZN) recently announced that they no longer intend to continue with the development of Certriad, a fixed-dose, single pill formulation of Abbott Lab's next-generation triglyceride lowering pill, TriLipix and AstraZeneca's powerful statin drug, Crestor. The...
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Label Expansion Sought for Byetta - Analyst Blog
Thursday, December 23, 2010 - 9:03am | 599Amylin Pharmaceuticals, Inc. (AMLN) and partner Eli Lilly and Company (LLY) recently submitted a supplemental New Drug Application (sNDA) with the US Food and Drug Administration (FDA) seeking a label expansion for their type II diabetes drug, Byetta. The companies are looking to get Byetta...
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Label Expansion Sought for Byetta - Analyst Blog
Thursday, December 23, 2010 - 8:15am | 599Amylin Pharmaceuticals, Inc. (AMLN) and partner Eli Lilly and Company (LLY) recently submitted a supplemental New Drug Application (sNDA) with the US Food and Drug Administration (FDA) seeking a label expansion for their type II diabetes drug, Byetta. The companies are looking to get Byetta...
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Mad Money Lightning Round: Cramer Likes Annaly Capital (ARG, ETP, EPD, NLY, TEVA, MCP, XEL, DSX, COST)
Thursday, December 23, 2010 - 3:40am | 340On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he believes that the earnings of Airgas (NYSE: ARG) are “going to be good and I'd be a buyer in the morning." For Energy Transfer Partners (NYSE: ETP), he mentioned, "Listen, that's got a 7% yield. This is a great one. I like them...
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AstraZeneca, Abbott Kill Co-Development Deal Early
Thursday, December 23, 2010 - 3:29am | 30AstraZeneca (NYSE: AZN) and Abbott Laboratories have ended their co-development license after discontinuing development of their treatment for mixed dyslipidemia.
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AstraZeneca, Abbott Kill Co-Development Deal Early
Thursday, December 23, 2010 - 3:29am | 30AstraZeneca (NYSE: AZN) and Abbott Laboratories have ended their co-development license after discontinuing development of their treatment for mixed dyslipidemia.
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AstraZeneca and Abbott End License Agreement for CERTRIAD Development
Wednesday, December 22, 2010 - 5:03pm | 49AstraZeneca (NYSE: AZN) announced today that it has notified Abbott that it will discontinue the development of CERTRIAD, which was being investigated for the treatment of mixed dyslipidemia. This means the co-development and license agreement with Abbott will end on January 22, 2011.
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Watson Announces Approval of Novel Oral Contraceptive
Wednesday, December 22, 2010 - 4:28pm | 69Watson Pharmaceuticals (NYSE: WPI) today announced the U.S. Food and Drug Administration approval of a novel oral contraceptive product – the first and only low dose oral contraceptive to combine 0.8 mg norethindrone and 0.025 mg ethinyl estradiol in chewable form, with four 75 mg ferrous fumarate...
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Amylin and Lilly Seek Expanded Use of BYETTA
Wednesday, December 22, 2010 - 4:19pm | 87Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) and Eli Lilly and Company (NYSE: LLY) today announced that a supplemental New Drug Application has been submitted to the U.S. Food and Drug Administration for the expanded use of BYETTA injection as an add-on therapy to basal insulin, with or without...
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Pfizer Submits Applications to FDA and EMA for Use of its Pneumococcal Conjugate Vaccine, Prevnar 13®
Wednesday, December 22, 2010 - 2:44pm | 103Pfizer Inc (NYSE: PFE) today announced that it has submitted supplemental applications to both the United States Food and Drug Administration and the European Medicines Agency to expand the use of Prevnar 13 to adults 50 years of age and older for the prevention of pneumococcal disease caused by...
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Angiotech Pharmaceuticals, Inc. Announces Agreement to Extend Cure Period
Wednesday, December 22, 2010 - 2:33pm | 122Angiotech Pharmaceuticals, Inc. (NASDAQ: ANPI) today announced that it and U.S. Bank National Association, as successor trustee under the Company's subordinated note indenture, dated as of March 23, 2006 (as amended, supplemented or otherwise modified from time to time, the "Subordinated Note...
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FDA's Approves Gardasil to Prevent Anal Cancer
Wednesday, December 22, 2010 - 2:03pm | 43The U.S. Food and Drug Administration today approved the vaccine Gardasil (NYSE: MRK) for the prevention of anal cancer and associated precancerous lesions due to human papillomavirus types 6, 11, 16, and 18 in people ages 9 through 26 years.
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H.I.G. Capital Affiliates Launch $8.00 Per Share Cash Tender Offer for All Outstanding Shares of Matrixx Initiatives, Inc.
Wednesday, December 22, 2010 - 1:23pm | 102Matrixx Initiatives, Inc. (Nasdaq: MTXX) and H.I.G. Capital, LLC today announced that Wonder Holdings, Inc. and Wonder Holdings Acquisition Corp., both affiliates of H.I.G. Capital, LLC formed for the purpose of acquiring Matrixx, have commenced a tender offer to acquire all of the outstanding...
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Craig Effron and Curtis Schenker: Scoggin Capital Management
Wednesday, December 22, 2010 - 1:17pm | 661Craig Effron and Curtis Schenker are what David Einhorn was before the Lehman debacle- brilliant hedge fund managers generally flying under the media's radar. Head of Scoggin Capital Management, they invest in mergers, spinoffs, bankruptcies, and financially distressed companies through stocks...
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Abbott Diabetes Care Announces Massive Recall
Wednesday, December 22, 2010 - 1:09pm | 103Abbott Diabetes Care (NYSE: ABT) today announced that it has initiated a recall of 359 lots (approximately 359 million strips) of Precision Xtra®, Precision Xceed Pro®, MediSense® Optium™, Optium™, OptiumEZ and ReliOn® Ultima Blood Glucose Test Strips in the United States and Puerto Rico. The test...