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Fly News Breaks for December 20, 2019
MWK, AMCR, CHMG, MRNS, BCEI
Dec 20, 2019 | 10:13 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Bonanza Creek (BCEI) resumed with a Buy at Stifel. 2. Marinus Pharmaceuticals (MRNS) initiated with an Outperform at Oppenheimer. 3. Chemung Financial (CHMG) initiated with a Market Perform at Keefe Bruyette. 4. Amcor (AMCR) initiated with a Neutral at Baird. 5. Mohawk Group (MWK) initiated with a Buy at DA Davidson. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
News For BCEI;MRNS;CHMG;AMCR;MWK From the Last 2 Days
MRNS
Mar 27, 2024 | 08:50 EDT
Marinus Pharmaceuticals (MRNS) "affirmed its commitment to defending its patent portfolio amidst an Inter Partes Review, IPR, challenge of U.S. Patent 11,110,100 from Ovid Therapeutics (OVID). filed on March 26. This challenge relates to a Marinus patent for the use of ganaxolone in treating status epilepticus SE and refractory status epilepticus RSE. Marinus has multiple patents relating to ganaxolone for the treatment of SE and RSE. "Over the past two decades, Marinus has invested more than $100M into our ganaxolone development programs in SE," stated Dr. Scott Braunstein, Chairman and CEO of Marinus. "That investment has yielded a strong patent portfolio, fortified by robust clinical data on the pharmacology and effective dosing of ganaxolone, and underscores our commitment to improving the lives of patients and families affected by seizure disorders. We believe this Ovid challenge is without merit and is an unfortunate distraction to the important work we do at Marinus. As a company grounded in scientific research, we will vigorously defend our patents which support our mission of delivering innovative new treatment options to patients with significant unmet needs."