- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Valeant Pharmaceuticals International (NYSE:VRX) announced in a Wednesday release that it has reached terms of a revised North American aesthetics agreement with Galderma, through which the latter will continue to supply Restylane and Perlane to Valeant, under the same terms and conditions that Galderma currently supplies the products to Medicis Pharmaceutical Corporation (NYSE:MRX). Additionally, Valeant will make an upfront payment and a royalty to Galderma on sales of Sculptra, and, this agreement provides for the settlement of all claims asserted in Galderma’s pending litigation in regards to Valeant’s purchase of Medicis.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
Eli Lilly and Company (NYSE:LLY) and Strides Arcolab of India are partnering in the joint manufacture and distribution of generic cancer drugs for emerging markets, as Lilly moves to expand its presence in developing markets. This current venture is the most recent in a series of arrangements between the ‘Big Pharma’ firms wanting greater access to high-growth emerging markets, and Indian companies that need global expertise.
Tranzyme Pharma (NASDAQ:TZYM), announced Wednesday that Vice President, Finance and Chief Financial Officer Richard I. Eisenstadt will step down effective January 4th, to follow a new career opportunity. Eisenstadt joined the company in 2003, and will be replaced in part by Tranzyme’s Controller, Rhonda L. Stanley, who will perform the duties of principal financial officer and principal accounting officer for the firm.
Don’t Miss: Is Lowe’s Stock A Buy Now?
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.