-
Cooper Remains at Outperform - Analyst Blog
Tuesday, December 21, 2010 - 5:27pm | 536We reiterate our Outperform rating on eye-care and surgical products maker Cooper Companies Inc (COO) following its strong fourth-quarter and fiscal 2010 results and management's upbeat guidance. Revenues and earnings for the quarter and fiscal year beat the Zacks Consensus Estimate, boosted by...
-
Cooper Remains at Outperform - Analyst Blog
Tuesday, December 21, 2010 - 5:27pm | 536We reiterate our Outperform rating on eye-care and surgical products maker Cooper Companies Inc (COO) following its strong fourth-quarter and fiscal 2010 results and management's upbeat guidance. Revenues and earnings for the quarter and fiscal year beat the Zacks Consensus Estimate, boosted by...
-
Teva and Takeda Settle Litigation
Tuesday, December 21, 2010 - 4:27pm | 108Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA) announced today that it has entered into an agreement with Takeda Pharmaceutical Company Limited to settle patent litigation related to Teva's generic versions of Takeda's ACTOS® (pioglitazone HCl) and ACTOplus met® (pioglitazone HCl and metformin...
-
Small Biotechnology Hot, Is Labopharm Next?
Tuesday, December 21, 2010 - 2:21pm | 255Small biotechnology companies are making moves not seen in months if not years. Stocks like Radient Pharmaceuticals Corporation (AMEX: RPC) has shot higher by a massive 100% in the last couple days. Other stocks like Antigenics, Inc. (NASDAQ: AGEN) and Poniard Pharmaceuticals, Inc. (NASDAQ: PARD)...
-
Pfizer Recalls More Lipitor (PFE)
Tuesday, December 21, 2010 - 9:55am | 59Pfizer (NYSE: PFE) is recalling an additional 19,000 bottles Lipitor, citing a consumer complaint about an "uncharacteristic" odor. This has been the fourth recall since August over the smell issue. Shares of PFE are up 12 cents in early Tuesday trading to $17.29, a gain of 0.7%.
-
Piper Jaffray Reiterates Overweight Rating on Salix Pharma (SLXP)
Tuesday, December 21, 2010 - 9:44am | 152Piper Jaffray is out with a research report this morning, where it reiterates its Overweight rating on Salix Pharmaceuticals (NASDAQ: SLXP); it has a $60.00 price target on the stock. The PJ analysts said that Xifaxan prescription trends continue to be strong through early December, pointing to...
-
Rolling BLA for AMLN's Metreleptin - Analyst Blog
Tuesday, December 21, 2010 - 9:36am | 602Amylin Pharmaceuticals, Inc. (AMLN) recently announced that it has initiated the filing of a rolling Biologics License Application (BLA) for metreleptin. The company is seeking US Food and Drug Administration (FDA) approval for the use of metreleptin in the treatment of diabetes and/or...
-
Rolling BLA for AMLN's Metreleptin - Analyst Blog
Tuesday, December 21, 2010 - 9:15am | 602Amylin Pharmaceuticals, Inc. (AMLN) recently announced that it has initiated the filing of a rolling Biologics License Application (BLA) for metreleptin. The company is seeking US Food and Drug Administration (FDA) approval for the use of metreleptin in the treatment of diabetes and/or...
-
King Pharma Files NDA for Pain Drug - Analyst Blog
Tuesday, December 21, 2010 - 9:03am | 446King Pharmaceuticals, Inc. (KG) and partner Acura Pharmaceuticals, Inc. (ACUR) recently announced the submission of a new drug application (NDA) for their opioid candidate, Acurox. The companies are seeking US Food and Drug Administration (FDA) approval for the use of Acurox (without niacin) for...
-
Biogen Strikes Deal with Neurimmune - Analyst Blog
Tuesday, December 21, 2010 - 8:33am | 475Biogen Idec (BIIB) recently announced that it has acquired a subsidiary of privately held Swiss biotech company Neurimmune. Following this deal, Biogen will acquire worldwide rights to three immunotherapy programs which are currently in the pre-clinical stage. Terms of the Deal Per the terms...
-
King Pharma Files NDA for Pain Drug - Analyst Blog
Tuesday, December 21, 2010 - 8:30am | 446King Pharmaceuticals, Inc. (KG) and partner Acura Pharmaceuticals, Inc. (ACUR) recently announced the submission of a new drug application (NDA) for their opioid candidate, Acurox. The companies are seeking US Food and Drug Administration (FDA) approval for the use of Acurox (without niacin) for...
-
Biogen Strikes Deal with Neurimmune - Analyst Blog
Tuesday, December 21, 2010 - 8:15am | 475Biogen Idec (BIIB) recently announced that it has acquired a subsidiary of privately held Swiss biotech company Neurimmune. Following this deal, Biogen will acquire worldwide rights to three immunotherapy programs which are currently in the pre-clinical stage. Terms of the Deal Per the terms...
-
Mad Money Lightning Round: Cramer Likes Oracle, American Tower (ENTG, JBL, PFE, ORCL, AAPL, AMT, S, T, VZ)
Tuesday, December 21, 2010 - 3:24am | 261On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Entegris (NASDAQ: ENTG) is “good. A nice little speculative stock. It's a packaging play on semiconductors.” He also likes Jabil Circuit (NYSE: JBL). For Pfizer (NYSE: PFE), he said, "Nah, there's nothing there. They don't have...
-
Mad Money Lightning Round OT: Cramer Likes TEVA (MYL, TEVA, RRD, ATT, VZ, D)
Monday, December 20, 2010 - 7:26pm | 220On CNBC's Mad Money Lightning Round OT, Jim Cramer said that Mylan Inc. (NASDAQ: MYL) should not be bought. He prefers Teva Pharmaceutical Industries Ltd (ADR) (NASDAQ: TEVA) instead. Mylan (MYL) fell 0.92% today, and Teva (TEVA) dropped 1.81%. R.R. Donnelley & Sons Company (NASDAQ: RRD) has an...
-
Safeguard Scientifics to Realize at Least $36M in Initial Sale Proceeds from Eli Lilly's Acquisition of Avid Radiopharmaceuticals
Monday, December 20, 2010 - 4:43pm | 106Safeguard Scientifics, Inc. (NYSE: SFE) today announced that it expects to receive a minimum of $36 million in initial sale proceeds from the successful completion of Eli Lilly and Company's (NYSE: LLY) acquisition of partner company Avid Radiopharmaceuticals, Inc., which took place earlier today,...