Healthcare Business

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What the AbbVie and Express Script Deal Means for Gilead

AbbVie Inc. (NYSE: ABBV) received U.S. Food and Drug Administration (FDA) approval for its hepatitis C drug last Friday, and the drug will directly compete with treatments from Gilead Sciences Inc. ...
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health care

Merrill Lynch’s Top Health Care Stock Picks for 2015

Merrill Lynch released its report looking forward to 2015 and which stocks it believes will outperform in the health care sector. In 2014, many of these same companies had very ...
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DNA

Juno, the Last IPO of 2014, Enters the Market With a Bang

Juno Therapeutics Inc. (NASDAQ: JUNO) debuted on the market Friday morning and has made a big splash. The pricing for the offering was $24 per share, outside of the original ...
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Is a Biosimilar (Generic) Top Cancer Drug for You?

There has been a movement to get generic pharmaceutical drugs to market with for years. The notion of "biosimilars" has grown as well. Effectively this is making biotech drugs into ...
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surgeons

Are Volcano Shareholders Getting Enough in the Buyout?

Volcano Corp. (NASDAQ: VOLC) announced that it has entered into a definitive agreement to be acquired by Koninklijke Philips N.V. (NYSE: PHG). The buyout is priced at $18 per share ...
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What a Generic Celebrex Means for Pfizer and for Actavis

While this was generally a known event coming down the pipe, Celebrex now has a generic competitor in America. The drug company Actavis PLC (NYSE: ACT) announced on Wednesday that it ...
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biotech

Are Investors Signaling Optimism in Biotechs Through Short Interest?

The short interest data are out for the November 28 settlement date. Biotech companies are considered a riskier group of stocks, with big upside and big downside. FDA rulings can ...
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IPO

Bellicum Sets Pricing Terms for IPO

Bellicum Pharmaceuticals filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The price for the offering was set between $15 ...
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biotech

After Big Cubist Buy, Are These 2 Stocks Next to Be Acquired?

Merck & Co. Inc.'s (NYSE: MRK) big jump into the antibiotic space with the purchase of Cubist Pharmaceuticals Inc. (NASDAQ: CBST), sporting a 35% premium for shareholders, already has many ...
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Pills

Merck, Cubist Agree to $9.5 Billion Acquisition

Drug giant Merck & Co. (NYSE: MRK) and Cubist Pharmaceuticals Inc. (NASDAQ: CBST) have signed a definitive merger agreement under which Merck will acquire Cubist for $102 a share, or, ...
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payoff

MannKind Sees More Insider Selling

MannKind Corp. (NASDAQ: MNKD) saw its shares trading lower on Thursday, on what was a day with little or no real news from the company. The culprit may simply be ...
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DNA

Array BioPharma: When Losing a Partnership Is Good News

Array BioPharma Inc. (NASDAQ: ARRY) announced Wednesday after the market close that it had reached a definitive agreement with Novartis A.G. (NYSE: NVS) to regain full worldwide rights to cancer ...
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Credit Suisse Sees 2 Biotech Stocks That Could Double in 2015

Credit Suisse has released a biotech research report from analysts Jason Kantor and Jeremiah Shepard that has their top picks for upside potential in the biotech segment for 2015. The ...
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Pills

Are Avanir Shareholders Getting Enough in the Buyout?

Avanir Pharmaceuticals Inc. (NASDAQ: AVNR) announced that it has entered into a definitive agreement with Japan’s Otsuka Pharmaceutical for a $17.00 per share buyout. Monday’s closing price was $15.00. After ...
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5 Critical Biotech Drug Dates and Events for December

At least five upcoming dates could be big days in December, for better or worse, for individual biotech stocks. These events refer to reviews and decisions by the U.S. Food ...
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