Pfizer Reports FDA Gives Priority Review To Myeloid Leukemia Treatment

Pfizer Reports FDA Gives Priority Review To Myeloid Leukemia Treatment

Pfizer (PFE) and the private Avillion reported Tuesday a supplemental new drug application for bosutinib, a drug to treat certain types of myeloid leukemia, has been accepted for filing and granted priority review by the U.S. Food and Drug Administration (FDA). Pfizer said that if approved, the new application would expand the approved use of bosutinib to include patients with newly diagnosed chronic phase Philadelphia chromosome-positive chronic myeloid leukemia. Pfizer […]

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ImmunoGen Shares Add 12% Pre-Bell Drug Development Deal Worth at Least $175 Mln With Jazz Pharma

ImmunoGen Shares Add 12% Pre-Bell Drug Development Deal Worth at Least $175 Mln With Jazz Pharma

ImmunoGen (IMGN) shares rose 8% in pre-market trade after the company struck a deal worth at least $175 million with Jazz Pharmaceuticals (JAZZ) to develop and commercialize antibody-drug conjugate (ADC) products. Jazz will pay ImmunoGen an upfront payment of $75 million and up to $100 million in development funding over seven years to support the ADC programs. Also, Jazz may exercise its opt-in right at any time prior to a […]

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BMO Raises Pure Storage Price Target

BMO Raises Pure Storage Price Target

BMO Capital said Friday it has raised Pure Storage’s price target to $16 from $15 on another solid quarter report, while reiterating an outperform rating. PSTG was up 7% recently According to the broker, the company’s reported sales of $225 million were above both its and the Street consensus estimates of $220 million and $218 million, respectively on growth of 38% y/y. The loss per share of $0.11 was better […]

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China Lodging Group Q2 Results Top Estimates

China Lodging Group Q2 Results Top Estimates

China Lodging Group, a multi-brand hotel group in China, reported Q2 adjusted earnings of RMB5.63 ($0.83) per share, up from RMB4.67 in the same period a year ago and topping the estimate of RMB4.82 from analysts polled by CapIQ. Total revenues of RMB1.99 billion were up from RMB1.69 billion in the same period a year ago and exceeded the Street projection of RMB1.94 billion. For Q3 the company expects net […]

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Zion Oil & Gas Continues Active Drilling in Israel

Zion Oil & Gas Continues Active Drilling in Israel

Zion Oil & Gas Inc said on Wednesday it has continued active drilling operations at its Megiddo-Jezreel well in Israel and has reached a depth of about 5,850 feet (1,785 meters) toward a proposed total depth of up to about 15,000 feet. The company said it has obtained over 20 sidewall cores from different zones within the well that spanned 2,625 feet after running wireline logs and analyzing the data, […]

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