Momenta Pharmaceuticals, Inc. News
Johnson & Johnson Halts Development of Flu Treatment Candidate
Johnson & Johnson's Janssen division is halting development of pimodivir, a flu treatment candidate, after a six-year-effort.
Johnson & Johnson Sets Late-Stage Vaccine Trial Next Month
Johnson & Johnson next month plans a Phase III coronavirus-vaccine trial with up to 60,000 healthy people ages 18 and older.
Could Momenta Deal Give Johnson & Johnson Breakout Momentum?
Johnson & Johnson will buy Momenta for $6.5 billion in an all-cash deal. That's not disrupting the chart though, which has breakout potential for the stock.
Johnson & Johnson to Buy Momenta Pharmaceuticals for $6.5 Billion
J&J will buy Momenta Pharmaceuticals for roughly $6.5 billion in cash, paving the way for its Janssen unit to expand its efforts into autoimmune disease treatments.
Momenta Rockets After Analysts Get Bullish on Biopharma's Newest Treatment
Momenta's proposed inflammatory blood disease therapy, M254, could provide an alternative to the current, IV-based treatment, says an analyst.
Teva shares fall as FDA OKs another generic version of multiple sclerosis drug
This is the second generic Copaxone 40 mg/mL greenlighted by the U.S. Food and Drug Administration.
States Target Mylan President, Emcure Exec in Generic Drug Lawsuit
State attorneys general led by Connecticut's George Jepsen said Tuesday that were planning to include Mylan president Rajiv Malik and Emcure Pharmaceuticals Ltd. executive Satish Mehta in an expanded complaint in the federal generic drug antitrust lawsuit.
Teva Must Clear Three Big Hurdles to Have a Hope of Reclaim
Analysts are most critical about Teva's plan to cut $5 billion in debt by the end of the year.
Teva Shares Are Taking a Beating and Dragging Down the Entire Drug Sector
Teva said weak U.S. markets and the ongoing political turmoil in Venezuela weighed on the company's second quarter performance.
Amneal, Impax, Other Struggling Generics Face M&A Dilemma
Generic drugmakers are likely to limit themselves to acquisitions of small- and mid-sized companies in the immediate future because of over-leveraging and turmoil in the executive ranks..
Breaking News
Bed, Bath & Beyond Stock Plummets As Ryan Cohen Nets $60 Million From Activist Exit
GameStop chairman Ryan Cohen completed his exit from an activist stake in Bed, Bath & Beyond Thursday after riding a meme-lead rally to a near $60 million in profits.
Regal Cinemas Parent Reportedly Set to File for Bankruptcy
Regal Cinemas parent Cineworld is evaluating ways to generate liquidity and possibly restructure the balance sheet, a media report says..
You’re Paying Much More for Groceries in 2022. Here's What to Do.
If you’re walking out of a big-box grocery retailer feeling as if you’ve dug a lot deeper at the checkout, you’re not imagining things.
Deere Stock Tumbles As Supply Chain Pressures Bring Q3 Earnings Miss, Profit Forecast Cut
Deere's third quarter profits "reflected higher costs and production inefficiencies driven by the difficult supply-chain situation," said CEO John May.