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Fly News Breaks for May 7, 2015
NVS, JNJ
May 7, 2015 | 15:49 EDT
After the Federal Circuit Court of Appeal issued an injunction preventing Novartis' (NVS) Sandoz from bringing generic Neupogen to market until the court rules on a pending appeal, Wells Fargo called the ruling a positive for Johnson & Johnson's (JNJ) Remicade. The firm believes the ruling will delay the entry of generic Remicade until about early 2016 or later.
News For JNJ;NVS From the Last 2 Days
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Apr 24, 2024 | 07:26 EDT
TD Cowen analyst Yaron Werber raised the firm's price target on BeiGene (BGNE) to $236 from $235 and keeps a Buy rating on the shares. The firm updated its model to reflect lower collaborative revenue given termination of Novartis (NVS) agreement for tisle in Sep 2023.
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