Biogen Idec Lifts 2012 View; Quarterly Net Up 13%

Biogen Idec lifts 2012 view; quarterly net up 13%

Filed under: drug treatment news 2012

Biogen Idec Inc.'s (NASDAQ:BIIB) third-quarter earnings rose 13% as the biopharmaceutical company saw growth of its biggest drug, multiple-sclerosis treatment Avonex, and received a boost from a gain tied to Benlysta. For the year, the company raised …
Read more on MarketWatch

 

Actelion submits a New Drug Application to the FDA for macitentan (Opsumit

Filed under: drug treatment news 2012

ALLSCHWIL/BASEL, SWITZERLAND – 22 October 2012 – Actelion (SIX: ATLN) today announced that it has submitted a New Drug Application (NDA) to the US Food and Drug Administration (FDA) seeking approval for macitentan (Opsumit®) for the treatment …
Read more on Reuters

 

Generic Plavix Hurts Bristol-Myers – Analyst Blog

Filed under: drug treatment news 2012

… decreased approximately 33% from the year-ago period. The year-over-year decline in earnings was attributable to the reduced sales of Bristol-Myers/ Sanofi 's ( SNY ) blood-thinner Plavix, which went off-patent in the US on May 17, 2012 …
Read more on NASDAQ

 

Stocks To Watch: Big Earnings To Watch Thursday: P&G, Aetna, Apple
First up in another busy day for earnings will be Procter & Gamble, but investors’ attention will hardly flag once the regular session ends in New York: Apple and Amazon are slated to report results after the close. … Read News