News Breaks

March 27, 2014
07:03 EDT MYL, GSK Mylan awarded $106.7M in damages in case against GlaxoSmithKline
Mylan (MYL) announced that, after a trial in the U.S. District Court for the District of New Jersey, a jury returned a verdict in favor of Mylan in its breach of contract lawsuit against GlaxoSmithKline (GSK) relating to Paroxetine Hydrochloride Extended-release Tablets. The jury decided that GSK owes Mylan $106.7M in damages.

News For MYL;GSK From The Last 14 Days

Check below for free stories on MYL;GSK the last two weeks.

March 27, 2014
09:05 EDT GSK GlaxoSmithKline recalls alli
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07:03 EDT MYL, GSK Mylan awarded $106.7M in damages in case against GlaxoSmithKline
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March 26, 2014
07:58 EDT GSK GlaxoSmithKline withdraws MAA to EMA for use of Mekinist and Tafinlar in Europe
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March 25, 2014
07:53 EDT MYL Pullback has created attractive pharma opportunities, says JPMorgan
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07:22 EDT GSK Boston Biotech to hold a conference
Boston Business Development Conference is being held in Boston on March 25-26.
March 24, 2014
13:30 EDT MYL District Court upholds Mylan’s patents on performist inhalation solution
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March 21, 2014
17:20 EDT GSK GlaxoSmithKline files automatic debt securities shelf
13:16 EDT GSK Glaxo gets injunction against Novartis division over asthma drug, WSJ reports
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March 20, 2014
10:44 EDT GSK Agenus sell-off a ‘table pounding’ buying opportunity, says H.C. Wainwright
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09:10 EDT GSK On The Fly: Pre-market Movers
UP AFTER EARNINGS: Burlington Stores (BURL), up 5%… Lennar (LEN), up 2%… BG Medicine (BGMD), up 16%. ALSO HIGHER: Synta Pharmaceuticals (SNTA), up 20% after announcing positive interim results from ganetespib trial… First Solar (FSLR), up 3.5% after the company’s price target was raised at Deutsche Bank, JPMorgan and RW Baird following the company issued it FY15 outlook yesterday. DOWN AFTER EARNINGS: Guess (GES), down 5%… Tilly’s (TLYS), down 7%… ExOne (XONE), down 12%. Peers in 3D space down as well, with 3D Systems down 3% and Stratasys (SSYS) down 2%. ALSO LOWER: Agenus (AGEN), down 18% after announcing that GlaxoSmithKline’s (GSK) MAGRIT study, which contains Agenus’QS-21 Stimulon adjuvant, did not meet its first or second co-primary endpoint… Cinedigm Digital (CIDM), down 12% after filing to sell common stock.
05:51 EDT GSK GSK’s MAGRIT study did not meet first or second co-primary endpoint
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March 17, 2014
12:58 EDT MYL Mylan COO Korman announces retirement
Mylan disclosed in a filing that on March 14 Harry A. Korman, EVP and COO announced his retirement from Mylan effective July 1.
10:46 EDT GSK Leerink’s biopharma analysts hold an analyst/industry conference call
Analysts, along with two MEDACorp key opinion leaders (KOL) discuss opportunities for respiratory biologics for the treatment of severe asthma, with an emphasis on antibodies to IL-5 (AZN/GSK/TEVA) IL-4 (SNY/REGN) and IL-13 (AZN/RHHBY) on an Analyst/Industry conference call to be held on March 17 at 11 am.
March 14, 2014
09:45 EDT MYL Mylan would be a good target for Perrigo, dealReporter says citing source
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08:18 EDT GSK Theravance, GSK announce positive results from combination therapy COPD study
GlaxoSmithKline (GSK) and Theravance (THRX) announced positive results from three phase III studies. Two studies comparing the efficacy and safety of the combination anticholinergic / long-acting beta2-adrenergic agonist, Anoro Ellipta with inhaled corticosteroid / long-acting beta2-adrenergic agonist combination, Advair Diskus and the third comparing the efficacy and safety of Anoro Ellipta with Seretide Diskus ‘FSC 500/50’ in patients with chronic obstructive pulmonary disease, or COPD, and no history of moderate to severe COPD exacerbations in the last year. In each of the studies UMEC/VI achieved a statistically significant improvement in lung function, measured as weighted mean forced expiratory volume in one second over 0-24 hours at the end of the 12 week study, compared to either dose of FSC.