otsuka

Biotech Stock Roundup: Avanir to be Acquired by Japanese Firm …

Mergers and acquisitions show no signs of slowing down in the biotech sector with a $3.5 billion acquisition agreement being announced. Meanwhile, Biogen (BIIB – Analyst Report) is advancing towards developing a treatment for Alzheimer’s disease.Recap of the Week’s Most Important Stories1. Biogen is set to move its experimental Alzheimer’s disease treatment, BIIB037, into late-stage testing based on promising interim […]

Stock Market News for December 03, 2014 – December 3, 2014 …

Benchmarks ended in the green as healthcare and energy shares rallied on Tuesday to post solid gains. Moreover, merger and acquisition news involving Japan based Otsuka Pharmaceuticals and Avanir Pharmaceuticals, and Cypress Semiconductor and Spansion Inc. also boosted investor confidence. Additionally, encouraging reports of domestic vehicle sales and construction spending had positive impact on benchmarks. The S&P 500 posted its […]