Avadel reviews Lundbeck's unsolicited $23 offer while maintaining its agreement with Alkermes as its board evaluates whether the new proposal could be superior.
Shares of Applied Materials are up after reporting upbeat Q4 results. Analysts from JPMorgan, Needham and Goldman Sachs maintain positive ratings on the stock with price targets ranging from $250-$260.
Bristol Myers and Johnson & Johnson ended the Librexia ACS trial after an interim review showed low efficacy, while AF and stroke studies continue with data expected in 2026.