Citigroup - Mylan "buy"
16:50 21.09.12
PR Newswire
PITTSBURGH, Sept. 21, 2012
PITTSBURGH, Sept. 21, 2012 /PRNewswire/ -- Mylan Inc. (Nasdaq: MYL) today announced that its subsidiary Mylan Pharmaceuticals has received final approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for Valsartan and Hydrochlorothiazide Tablets USP, 80/12.5 mg, 160/12.5 mg, 160/25 mg, 320/12.5 mg and 320/25 mg. This product is the generic version of Novartis' Diovan HCT® Tablets, which are indicated for the treatment of hypertension, to lower blood pressure in patients not adequately controlled with monotherapy or as initial therapy in patients likely to need multiple drugs to achieve their blood pressure goals.(1)
Mylan CEO Heather Bresch commented: "Mylan's launch of the first generic Valsartan and Hydrochlorothiazide Tablets USP represents our eighth first-to-file launch this year, demonstrating our continued leadership in bringing new generic products to the market. Through this launch, we are proud to continue contributing to the increased health care savings experienced by patients, governments and payors in the U.S. supported by the generic availability of an important, widely prescribed product such as this one."
Valsartan and Hydrochlorothiazide Tablets USP, 80/12.5 mg, 160/12.5 mg, 160/25 mg, 320/12.5 mg and 320/25 mg, had U.S. sales of approximately $1.6 billion for the 12 months ending June 30, 2012, according to IMS Health. Mylan is shipping this product immediately.
Currently, Mylan has 168 ANDAs pending FDA approval representing $77.8 billion in annual sales, according to IMS Health. Thirty-three of these pending ANDAs are potential first-to-file opportunities, representing $20.8 billion in annual brand sales, for the 12 months ending June 30, 2012, according to IMS Health.
Mylan is a global pharmaceutical company committed to setting new standards in health care. Working together around the world to provide 7 billion people access to high quality medicine, we innovate to satisfy unmet needs; make reliability and service a habit, do what's right, not what's easy and impact the future through passionate global leadership. We offer a growing portfolio of more than 1,100 generic pharmaceuticals and several brand medications. In addition, we offer a wide range of antiretroviral therapies, upon which approximately one-third of HIV/AIDS patients in developing countries depend. We also operate one of the largest active pharmaceutical ingredient manufacturers and currently market products in approximately 150 countries and territories. Our workforce of more than 18,000 people is dedicated to improving the customer experience and increasing pharmaceutical access to consumers around the world. But don't take our word for it. See for yourself. See inside. mylan.com
(1) Valsartan and Hydrochlorothiazide Tablets can cause injury and death to the developing fetus and therefore should be discontinued if pregnancy occurs. It should also not be used in people who are allergic to any component of the product or to other sulfonamide-derived drugs. Other precautions include: excessive reductions in blood pressure, decreased renal function, allergic reactions, exacerbation or activation of systemic lupus erythematosus, drug interactions with lithium, potassium and electrolyte abnormalities, visual changes and metabolic disturbances. If any of these conditions occur or are suspected, medical attention should be sought.
SOURCE Mylan Inc.
Quelle: PR Newswire
http://www.ariva.de/news/...fe-Threatening-Allergic-Reactions-4272366
13:30 26.09.12
PR Newswire
BASKING RIDGE, N.J., Sept. 26, 2012
BASKING RIDGE, N.J., Sept. 26, 2012 /PRNewswire/ -- Emmy-award winning actress Julie Bowen, known for her comedic role in "Modern Family," is for the first time publicly sharing her family's experience with life-threatening allergies to help drive a national conversation on this serious health issue. Bowen is partnering with Mylan Specialty L.P. to launch Get Schooled in Anaphylaxis™, a multi-faceted public health initiative that aims to increase awareness of and preparedness for life-threatening allergic reactions (anaphylaxis).
To view the multimedia content, please click: http://www.multivu.com/players/English/...-Allergic-Reactions-4272366
16:00 28.09.12
PR Newswire
PITTSBURGH, Sept. 28, 2012
PITTSBURGH, Sept. 28, 2012 /PRNewswire/ -- Mylan Inc. (Nasdaq: MYL) today announced that its subsidiary Mylan Pharmaceuticals Inc. has received final approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for Irbesartan Tablets USP, 75 mg, 150 mg and 300 mg, the generic version of Sanofi's Avapro®. The company also received final approval from the FDA for its ANDA for Irbesartan and Hydrochlorothiazide Tablets USP, 150/12.5mg and 300/12.5 mg, the generic version of Sanofi's Avalide®. Irbesartan Tablets are indicated for the treatment of hypertension and in patients with type 2 diabetic nephropathy, and Irbesartan and Hydrochlorothiazide Tablets are indicated for hypertension in patients not adequately controlled with a single drug, and as initial therapy in patients likely to need multiple drugs to achieve blood pressure control.(1)
Irbesartan Tablets USP, 75 mg, 150 mg and 300 mg, had U.S. sales of approximately $400.7 million for the 12 months ending June 30, 2012, and Irbesartan and Hydrochlorothiazide Tablets USP, 150/12.5mg and 300/12.5 mg, had U.S. sales of approximately $117.4 million, according to IMS Health. Mylan is shipping both products immediately.
Currently, Mylan has 168 ANDAs pending FDA approval representing $79 billion in annual sales, according to IMS Health. Thirty-three of these pending ANDAs are potential first-to-file opportunities, representing $20.7 billion in annual brand sales, for the 12 months ending June 30, 2012, according to IMS Health.
Mylan is a global pharmaceutical company committed to setting new standards in health care. Working together around the world to provide 7 billion people access to high quality medicine, we innovate to satisfy unmet needs; make reliability and service a habit, do what's right, not what's easy and impact the future through passionate global leadership. We offer a growing portfolio of more than 1,100 generic pharmaceuticals and several brand medications. In addition, we offer a wide range of antiretroviral therapies, upon which approximately one-third of HIV/AIDS patients in developing countries depend. We also operate one of the largest active pharmaceutical ingredient manufacturers and currently market products in approximately 150 countries and territories. Our workforce of more than 18,000 people is dedicated to improving the customer experience and increasing pharmaceutical access to consumers around the world. But don't take our word for it. See for yourself. See inside. mylan.com
(1) Irbesartan and Irbesartan and Hydrochlorothiazide Tablets can cause injury and death to the developing fetus and therefore should be discontinued if pregnancy occurs. They should also not be used in people who are allergic to any component of the product or to other sulfonamide-derived drugs. Other precautions for both products include: excessive reductions in blood pressure, decreased renal function, and potassium and electrolyte abnormalities. Reports of exacerbation or activation of systemic lupus erythematosus, drug interactions with lithium, visual changes and metabolic disturbances and impaired liver function have been associated with Irbesartan and Hydrochlorothiazide Tablets. If any of these conditions occur or are suspected, medical attention should be sought.
SOURCE Mylan Inc.
Quelle: PR Newswire
16:55 04.10.12
PR Newswire
PITTSBURGH, Oct. 4, 2012
PITTSBURGH, Oct. 4, 2012 /PRNewswire/ -- Mylan Inc. (Nasdaq: MYL) announced today that it will host a conference call and live webcast on Thursday, Oct. 25, 2012, at 10:30 a.m. ET, to review the company's financial results for the third quarter 2012, which ended Sept. 30, 2012. Mylan will release its financial results on Oct. 25 before the market opens.
The dial-in number to access the call is 877.402.3913 or 817.382.5964 for international callers. A replay, available for approximately seven days, will be available at 800.585.8367 or 404.537.3406 for international callers with access pass code 36921750.
To access a live webcast of the call, please log on to Mylan's Web site (www.mylan.com) at least 15 minutes before the event is to begin to register and download or install any necessary software. A replay of the webcast will be available on www.mylan.com for approximately seven days.
Mylan is a global pharmaceutical company committed to setting new standards in health care. Working together around the world to provide 7 billion people access to high quality medicine, we innovate to satisfy unmet needs; make reliability and service a habit, do what's right, not what's easy and impact the future through passionate global leadership. We offer a growing portfolio of more than 1,100 generic pharmaceuticals and several brand medications. In addition, we offer a wide range of antiretroviral therapies, upon which approximately one-third of HIV/AIDS patients in developing countries depend. We also operate one of the largest active pharmaceutical ingredient manufacturers and currently market products in approximately 150 countries and territories. Our workforce of more than 18,000 people is dedicated to improving the customer experience and increasing pharmaceutical access to consumers around the world. But don't take our word for it. See for yourself. See inside. mylan.com
SOURCE Mylan Inc.
Quelle: PR Newswire
21:45 09.10.12
PR Newswire
PITTSBURGH, Oct. 9, 2012
PITTSBURGH, Oct. 9, 2012 /PRNewswire/ -- Mylan Inc. (Nasdaq: MYL) today announced that it has entered into a settlement agreement with Shionogi Inc. and CIMA Labs Inc. that will resolve patent litigation related to Prednisolone Sodium Phosphate Orally Disintegrating Tablets (ODT), 10 mg, 15 mg and 30 mg. Prednisolone Sodium Phosphate ODT is the generic version of Shionogi's Orapred ODT®, which is indicated for the treatment of certain pulmonary diseases such as asthma. Additionally, the product is indicated for the control of certain severe or incapacitating allergic conditions, such as atopic dermatitis, and seasonal and perennial allergic rhinitis, that are intractable to adequate trials of conventional treatment.
According to the terms of the settlement, Mylan will be licensed to sell its Prednisolone Sodium Phosphate ODT product on April 1, 2014, or earlier under certain circumstances. Pursuant to the agreement, pending litigation will be dismissed. Other details of the settlement are confidential, and the agreement itself is subject to review by the U.S. Department of Justice and the Federal Trade Commission.
Mylan believes it was the first company to have filed a substantially complete abbreviated new drug application (ANDA) containing a Paragraph IV certification with the U.S. Food and Drug Administration (FDA) for Prednisolone Sodium Phosphate ODT, 10 mg, 15mg and 30 mg, and anticipates that it will be entitled to 180 days of generic market exclusivity. This product had U.S. sales of $33.1 million for the 12 months ending June 30, 2012, according to IMS Health.
This press release includes statements that constitute "forward-looking statements," including with regard to the settlement of the litigation and sales of the product. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Because such statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: any legal or regulatory challenges to the settlement; strategies by competitors or other third parties to delay or prevent product introductions; risks inherent in legal and regulatory processes; and the other risks detailed in the company's periodic filings with the Securities and Exchange Commission. The company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Mylan is a global pharmaceutical company committed to setting new standards in health care. Working together around the world to provide 7 billion people access to high quality medicine, we innovate to satisfy unmet needs; make reliability and service a habit, do what's right, not what's easy and impact the future through passionate global leadership. We offer a growing portfolio of more than 1,100 generic pharmaceuticals and several brand medications. In addition, we offer a wide range of antiretroviral therapies, upon which approximately one-third of HIV/AIDS patients in developing countries depend. We also operate one of the largest active pharmaceutical ingredient manufacturers and currently market products in approximately 150 countries and territories. Our workforce of more than 18,000 people is dedicated to improving the customer experience and increasing pharmaceutical access to consumers around the world. But don't take our word for it. See for yourself. See inside. mylan.com
SOURCE Mylan Inc.
Quelle: PR Newswire
London (www.aktiencheck.de) - Douglas D. Tsao und Ann Trimble, Analysten von Barclays, stufen die Aktie von Mylan (Mylan Aktie) mit dem Rating "overweight" ein. Das Kursziel werde bei 26 USD gesehen. (Analyse vom 22.10.2012) (23.10.2012/ac/a/a)
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Quelle: Aktiencheck
20:10 23.10.12
PR Newswire
PITTSBURGH, Oct. 23, 2012
PITTSBURGH, Oct. 23, 2012 /PRNewswire/ -- Mylan Inc. (Nasdaq: MYL) today announced that it has filed an expedited motion in the U.S. District Court for the District of Columbia to stay the Court's order related to Watson's abbreviated new drug application (ANDA) for pioglitazone, pending appeal. The U.S. Food and Drug Administration (FDA) joined Mylan in its motion.
Mylan CEO Heather Bresch commented, "Mylan is disappointed in yesterday's ruling regarding pioglitazone and we believe the Court erred in its decision by directly contravening the Hatch-Waxman Act. Mylan does not believe Watson is entitled to participate in Mylan's 180-day exclusivity period in relation to this product and we intend to pursue this case vigorously, including seeking expedited relief from the appellate court if necessary."
Mylan is a global pharmaceutical company committed to setting new standards in health care. Working together around the world to provide 7 billion people access to high quality medicine, we innovate to satisfy unmet needs; make reliability and service excellence a habit, do what's right, not what's easy and impact the future through passionate global leadership. We offer a growing portfolio of more than 1,100 generic pharmaceuticals and several brand medications. In addition, we offer a wide range of antiretroviral therapies, upon which approximately one-third of HIV/AIDS patients in developing countries depend. We also operate one of the largest active pharmaceutical ingredient manufacturers and currently market products in approximately 150 countries and territories. Our workforce of more than 18,000 people is dedicated to improving the customer experience and increasing pharmaceutical access to consumers around the world. But don't take our word for it. See for yourself. See inside. mylan.com
SOURCE Mylan Inc.
Quelle: PR Newswire
17:34 25.10.12
Canonsburg (www.aktiencheck.de) - Der amerikanische Pharmakonzern Mylan Inc. (Mylan Aktie) präsentierte am Donnerstag die Geschäftszahlen für das dritte Quartal.
Demnach lag der Umsatz mit 1,81 Mrd. US-Dollar über dem Vorjahreswert von 1,58 Mrd. US-Dollar im Vorjahreszeitraum. Beim Nettogewinn wurde ein deutlicher Anstieg auf 211,3 Mio. US-Dollar bzw. 51 Cents je Aktie ausgewiesen, nach einem Nettogewinn von 156,7 Mio. US-Dollar bzw. 36 Cents je Aktie im Vorjahreszeitraum. Der um Einmaleffekte bereinigte Gewinn je Aktie lag mit 83 Cents ebenfalls deutlich über dem Vorjahreswert von 55 Cents. Profitiert habe man von einem deutlichen Absatzanstieg in Nordamerika sowie in der Region Asien/Pazifik, so der Pharmakonzern. Analysten hatten zuvor ein EPS von 77 Cents sowie einen Umsatz von 1,85 Mrd. US-Dollar erwartet.
Für das laufende Quartal liegen die Analystenschätzungen bei einem EPS von 64 Cents sowie einem Umsatz von 1,75 Mrd. US-Dollar.
Für das laufende Fiskaljahr erwartet Mylan ein bereinigtes EPS von 2,50 bis 2,60 US-Dollar. Marktbeobachter gehen für das laufende Fiskaljahr von einem EPS von 2,52 US-Dollar aus.
Die Aktie von Mylan notiert derzeit mit einem Plus von 3,88 Prozent bei 24,88 US-Dollar. (25.10.2012/ac/n/a)
Quelle: Aktiencheck
14:57 29.10.12
Vancouver (www.aktiencheck.de) - Randall Stanicky und Dana Flanders, Analysten von Canaccord Genuity, stufen die Aktie von Mylan (Mylan Aktie) von "hold" auf "buy" hoch. Das Kursziel werde von 25 auf 30 USD angehoben. (Analyse vom 26.10.2012) (29.10.2012/ac/a/a)
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Quelle: Aktiencheck
10:18 05.11.12
London (www.aktiencheck.de) - Douglas D. Tsao und Ann Trimble, Analysten von Barclays, stufen die Aktie von Mylan (Mylan Aktie) unverändert mit dem Rating "overweight" ein. Das Kursziel werde von 26 USD auf 28 USD erhöht. (Analyse vom 02.11.2012) (05.11.2012/ac/a/a)
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Quelle: Aktiencheck
09.11.12 25,68 26,24§25,55 25,87 $ 6.408.396 160 M
...Nasdaq