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Sanofi drags Hospira and Apotex (NYSE:SNY)

Jyotsna Ramani (October 27th, 2009) Writes:

Sanofi-Aventis SA (ADR) (NYSE:SNY), France’s biggest pharmaceutical group has accused Hospira Inc and Canada’s Apotex Inc of infringing patents for the cancer drug Taxotere. Sanofi-Aventis has said that both the companies have tried to copy their products. Earlier Sanofi-Aventis have filed separate complaints against Hospira Inc and Apotex Inc that they have violated the patent laws and have attempted to duplicate their top ranging product that is developed and marketed for the treatment of cancer patients. Though the market reacted sharply after the news broke into the market, but there was not much of fluctuation in the shares of Sanofi-Aventis at the end of the day.

Sanofi-Aventis is one of the leading pharmaceutical companies in France and globally as well. The company is into the research, development, manufacturing

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Apotex Inc, Biotech, Canada, cancer, chemotherapies, Chemotherapy, Delaware, FavStocks, Food And Drug Administration, France, head cancers, healthcare products, Hospira Inc., Investing Lessons, liver head, metabolic disorders;, neck cancers, Pharmaceutical, Pharmaceutical Group, Sanofi-Aventis S.A., skilled chemist, small cell lung cancer, Stocks to Watch, Taxotere, thrombosis, Treatment Of Cancer

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Zacks #5 Rank Additions for Thursday – Zacks Tale of the Tape

Zacks Market Commentaries (October 22nd, 2009) Writes:

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

American Water Works Co Inc (AWK) Amerigas Partners LP (APU) Associated Banc-Corp (ASBC) Benchmark Electronics Inc (BHE) Benihana Inc (BNHNA) BMP Sunstone Corp (BJGP) Cape Bancorp Inc (CBNJ) China Nepstar Chain Drugstore Ltd (NPD) Conmed Corp (CNMD) Crucell NV (CRXL) Duke Energy Corp (DUK) Empire District Electric Co (EDE) Emulex Corp (ELX) Encore Wire Corp (WIRE) Fair Isaac Corp (FICO) ...

Tags for this Post:
American Water Works Co. Inc., Amerigas Partners LP, Associated Banc, Auctioneers Inc, Benchmark Electronics Inc;, Benihana Inc, BMP Sunstone Corp, Cape Bancorp Inc;, China Nepstar Chain Drugstore Ltd., CONMED Corp;, Crucell NV;, Duke Energy Corp., Empire District Electric Co, Emulex Corp.;, Encore Wire Corp;, Fair Isaac Corp;, FelCor Lodging Trust Inc, general, Hanmi Financial Corp, Hawaiian Holdings Inc., Investing Lessons, Keycorp, LP ( APU ), Mack-Cali Realty Corp.;, Martin Marietta Materials Inc., Mercantile Bank Corp;, Merit Medical Systems Inc, Moly Inc, Navios Maritime Partners LP;, Onyx Pharmaceuticals Inc, Pharmaceutical Group, PMI Group Inc.;, Progress Energy Inc., Raser Technologies Inc., Ritchie Bros, Shiner International Inc., Sigma Designs Inc.;, Stanley Furniture Co Inc, Stocks to Watch, Ultrapetrol (Bahamas) Ltd;, Unisource Energy Corp, United Bankshares Inc, Zacks Market Commentaries

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Tercica, Inc. (TRCA) Enters Merger Agreement with Ipsen, S.A. (Euronext: IPN)

QualityStocks (June 6th, 2008) Writes:

Tercica, Inc. (NASD: TRCA) announced that they have entered into a definitive merger agreement with Ipsen, S.A. (Euronext: IPN). The merger states an affiliate of Ipsen will acquire all of the shares of Tercica common stock that Ipsen doesn’t already own at a price of $9.00 per share in cash, valuing Tercica at approximately $663 million. The transaction still has to be approved by Tercica’s shareholders, who hold a majority of the company’s outstanding common stock, but the board of directors unanimously approved the deal.

As of now, Ipsen and their affiliates own approximately 25.3% of the outstanding Tercica common stock. Ipsen has agreed to exercise their outstanding Tercica warrant and convert their Tercica convertible notes promptly following today’s agreement. Following the conversion, Ispen and their affiliates have agreed to vote their Tercica shares in favor of the merger, as well as a number of

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