016 earnings, in line with other generic-drug transactions in the past few years, according to Bloomberg Intelligence. TPG will get become one of Endos top shareholders after the transaction, a vote of confidence for the drugmaker, Wells Fargo & Co. analyst Michael Faerm said in a note.
Date: May 18, 2015
Category: Business
Source: Google
Endo Buying Par for $8B in Push for Generics, Higher Profit
It also may increase that unit's profitability, as it "diversifies its presence in higher-value generics (and) potentially boosts growth and margins," Wells Fargo Securities LLC analyst Michael Faerm wrote to investors.
Date: May 18, 2015
Source: Google
Teva Pharmaceutical Industries Ltd Mulls Next Move As Mylan NV Offers $29 ...
The branded business is the one of greater need because its going to be losing significant revenue from Copaxone and some other branded products, said Wells Fargo & Co. analyst Michael Faerm.
In October, Ranbaxys product accounted for 43 percent of prescriptions for atorvastatin, the generic name for Lipitor, a widely used drug to lower cholesterol levels, according to an analysis by Michael Faerm, an analyst for Credit Suisse who used prescription data from the research firm IMS Healt
Date: Nov 29, 2012
Category: Health
Source: Google
For US pharmaceutical industry, emerging markets represent a growing share of ...
held drugmaker Actavis Group hf for 4.25 billion euros ($5.6 billion) to expand its reach in Europe and Asia. The deal gives Watson, the third-biggest generic drugmaker by revenue, access to markets in China, India and Eastern Europe, according to Michael Faerm, a Credit Suisse analyst in New York.
Date: Jul 12, 2012
Category: Business
Source: Google
Teva May Get 'Free Money' Sharing Profit on Ranbaxy Sales of Lipitor Copy
With Ranbaxy getting the approval and manufacturing it in-house, Tevas share of profit in the fourth quarter willpossibly be some amount less than the top end of the range,Michael Faerm and Judah C. Frommer, health-care analysts withCredit Suisse in New York, said in the report. We expect th