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Morning Market Snapshot: June 3, 2011

Published on Fri, 06/03/2011 - 07:29
By FNNO Staff in at&t, business, convergsys, cvg, finance, generic, investing, news, research in motion, rimm, sildenafil citrate, stock, viagra
convergsys, cvg, at&t, sildenafil citrate, viagra, generic, research in motion, rimm, business, finance, investing, stock, news

By FNNO Staff
fnnonline@gmail.com

Health Care Sector Report: February 28th, 2011

approval, australia, defects, device, disease, drug, fda, gabapentin, generic, health, healthcare, high school, hip replacement, jnj, johnson & johnson, lawsuit, matrix labs, medical, myl, mylan, neurontin, patients, pfizer, pharma, pill, sector, shingles, subsidiary, sue, tasmania, teacher, treatment

Health care shares are higher Monday. Bloomberg is reporting that a high school teacher in Tasmania is suing Johnson & Johnson over an implanted hip-replacement device that stopped selling in Australia due to defects. Meanwhil

By Stephanie Shyu
sshyu@fnno.com

Abbott Laboratories, Sanofi-Aventis win trial against Glenmark

Published on Fri, 01/14/2011 - 16:51
By Stephanie Shyu in General Interest, abt, sny, abbott, abt, court, damages, drug, generic, hypertension, jury, labs, law, medicine, pharma, sanofi aventis, sny, tarka, trial glenmark
abbott, labs, abt, sanofi aventis, sny, law, trial glenmark, pharma, generic, drug, medicine, tarka, hypertension, damages, jury, court

A jury ruled in favor of Abbott Laboratories (ABT) and Sanofi-Aventis (SNY) in the companies' trial in which they sought to prevent Glenmark Pharmaceuticals from selling a generic version of their hypertension medicine Tarka, acco

By Stephanie Shyu
sshyu@fnno.com

Amgen Up 0.7% After It Wins Patent Ruling Against Teva Pharmaceuticals

Published on Fri, 01/07/2011 - 15:30
By Stephanie Shyu in General Interest, AMGN, teva, amgen, amgn, drug maker, drugs, generic, kidney, lawsuit, medicine, patent, pharma, ruling, sensipar, shares, teva

The judge rejected Teva's arguments that Amgen's patents were invalid.

Amgen shares are up 0.74%, or $0.42, to $56.97.

amgen, amgn, drug maker, drugs, generic, kidney, lawsuit, medicine, patent, pharma, ruling, sensipar, shares, teva

Shares of Amgen (AMGN) are higher after the drug maker won a ruling in a U.S. court that blocks generic drugmaker Teva Pharmaceuticals (TEVA) from selling a generic version of its kidney drug Sensipar until--at a minimum--2016, Bl

By Stephanie Shyu
sshyu@fnno.com

Abbott Labs' HIV Drug Kaletra Denied Patent Protection in India; Shares Rise 0.3%

Published on Tue, 01/04/2011 - 14:05
By Stephanie Shyu in General Interest, abt, abbott, abt, drug, generic, hiv, india, kaletra, laboratories, labs, market, reject, shares, stock
abbott, abt, drug, generic, hiv, india, kaletra, laboratories, labs, market, reject, shares, stock

Shares of Abbott Laboratories (ABT) are higher even as copyright protection for the company's HIV drug Kaletra was rejected in India, which will allow other generic drug companies to manufacture copies, Bloomberg reports. The pro

By Stephanie Shyu
sshyu@fnno.com

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